Pullback now completed in daily chart. will SOL test 35$ again?
In the daily time frame, the pull back has completed the downtrend line and the price is expected to decrease to the $ 38 area, and from there, it will start its uptrend up to the $ 60 area by forming a double bottom pattern.
My prediction is that with the price fluctuating in the range of $ 35 to $ 60, Solana will enter a triangle, which at the end of the triangle is expected to break the downtrend line to reach the important $ 80 range, which has very strong resistance.
Keep in mind that all of these behaviors also depend on the price trend of bitcoin.
These statements are only personal opinions and are not a signal to trade.
My prediction is that with the price fluctuating in the range of $ 35 to $ 60, Solana will enter a triangle, which at the end of the triangle is expected to break the downtrend line to reach the important $ 80 range, which has very strong resistance.
Keep in mind that all of these behaviors also depend on the price trend of bitcoin.
These statements are only personal opinions and are not a signal to trade.
Comment:
we reach the 40$ area as i said in the first place.
Comment:
now we can goes upward around 55$ then move back to 40$ to complete the double bottom pattern.
Trade closed: target reached