We spotted a positive signal for bullish momentum on Solana's chart following a retest of a key daily resistance level that was recently broken.
The price has formed a small ascending triangle pattern on the 4-hour timeframe. To confirm this signal, watch for the descending triangle pattern on the 4-hour chart.
A strong confirmation would be a breakout above the horizontal neckline, indicated by a 4-hour candle closing above $245.
Consider entering a long position aggressively or on a retest of the breakout. Target prices for this trade are $260, $280, & $300.
The price has formed a small ascending triangle pattern on the 4-hour timeframe. To confirm this signal, watch for the descending triangle pattern on the 4-hour chart.
A strong confirmation would be a breakout above the horizontal neckline, indicated by a 4-hour candle closing above $245.
Consider entering a long position aggressively or on a retest of the breakout. Target prices for this trade are $260, $280, & $300.
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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.
Join our Telegram channel for daily market update 👇👇
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
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.