Solana
Long

SOLANA Is There More Upside Opportunity ?

Updated

Hello traders:

SOL has been on a massive bullish up move, they question is can we still get continuation up move ?

We can see after the strong bullish impulse up, price naturally needs to correct and consolidate, which is what we see here.

A bullish flag/channel correction in the making, which gives us bullish bias for continuation price action.

Latest price does see a lower time frame impulse out of the structure, good sign for continuation.

To confirm the buy move, watch for lower time frame bullish continuation correction to develop and complete, before consider your entry up.

thank you
Comment
No correction formed, no entry.
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BTCChart PatternscorrectioncryptoFlagimpulseParallel ChannelpatternpriceactionSOLstructure

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