Cup and Handle breakout on SOL 4HCup and Handle breakout on SOL 4H. Will wait for close above resistance, or retest in 1h tf to go long
SOLUSDT.3L trade ideas
💡Don't miss the great buy opportunity in SOLUSD @solana
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (33.734).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. SOLUSDT is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 59
Take Profits:
TP1= @ 37.646
TP2= @ 41.259
TP3= @ 44.072
TP4= @ 46.962
TP5= @ 53.063
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in SOLUSD @solona". There is a possibility of temporary retracement to the suggested support line (34.15).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. SOLUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 46.
Take Profits:
TP1= @ 38.00
TP2= @ 41.25
TP3= @ 44.07
TP4= @ 46.96
TP5= @ 53.06
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
SOL Breakout in 4hr time frameSOL breaking with all EMA as a support which is a strong sign and also at .61% Fibonaccigolden ratio.
Take Profit -
36$
38$
40$
Stoploss-33.5$
SOL ShortThis is just a price analysis using harmonics and not financial advice. So please trade with precaution.
SOLUSDT analysis in 4H time frameAfter breaking it's previous support ( now a resistance ) near 34.8700, solana forms a ascending triangle in 4H time frame. Breakout on the either side can give a healthy move.
