Hello,
Solana is setting up for a bullish move on the 2-hour timeframe. The coin is currently forming a bullish flag and has touched the moving average. The MACD is also getting close to bullish zero crossover. We see the possibility for the upward trend to continue from the current position.
We urge investors who would like exposure to this coin to consider entering at the current price. Please have your stop loss below the trendline and your short-term target at $195.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Solana is setting up for a bullish move on the 2-hour timeframe. The coin is currently forming a bullish flag and has touched the moving average. The MACD is also getting close to bullish zero crossover. We see the possibility for the upward trend to continue from the current position.
We urge investors who would like exposure to this coin to consider entering at the current price. Please have your stop loss below the trendline and your short-term target at $195.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Free stock markets analysis Telegram channel:
t.me/stocksfromtechnicaleye
Paid trading group
patreon.com/thesharkke
Reliable broker
go.tradenation.com/visit/?bta=37130&brand=tradenation
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.