Upon observing we can count five waves up from the inception and a corrective fall forming LL LH from the top. The recent price action suggests that the correction is completed and the crypto is ready to move into the strongest phase of the cycle. If our assumption is correction then the low of 75 is going to be intact and the crypto will be moving up higher in...
#-The Analysis is based on personal Knowledge of technical analysis , Please Do Not Take It as a Financial Advice, And Always Do Your Own Research.
#1 Solana Just Gained New ATH 219. 05 $.
#2 Solana Is now moving in an ascending parallel channel .
#3 Three Important Supports are:-
Support 1 = Around 152 $
Support 2 = Around 180 $
Support 3( Or may be resistance...
FTX:SOLUSD
Can give good move on either side.
Simple trade setup is mentioned on chart.
Please refer below charts.
If we apply FIB RETRACEMENT on recent uptrend then we can see that it took good support from 61.8% level range.
#-The Analysis is based on personal Knowledge of technical analysis , Please Do Not Take It as a Financial Advice, And Always Do Your Own Research.
#1 Solana Just Gained New ATH 219.05 $.
#2 Solana Is now moving in an ascending parallel channel.
#3 Three Important Supports are:-
Support 1 = Around 152 $
...
![SOLUSD: Simple Trade Setup | SOLANA | POSITIONAL [crypto]](https://s3.tradingview.com/w/wRMhtUCV_mid.png "Simple Trade Setup | SOLANA | POSITIONAL [crypto]")
