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.
SOLUSDT.P trade ideas
💡Don't miss the great buy opportunity in SOLUSD @SolanaTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (13.36).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. SOLUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 63.
Take Profits:
TP1= @ 14.80
TP2= @ 15.45
TP3= @ 16.25
TP4= @ 16.95
TP5= @ 18.20
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 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 ❤️
