Long

Potential for Solana USD to push up to 0.768 FIB

Updated

Use of Phoenix Ascending indicators and Bad Ass Bollinger Bands (publicly available) to provide TA for SOLUSD using the near term group of TFs (1D, 2D, 3D, 4D) as a compass and the short term group of TFs (90 min, 3H, 6H, 12H) for more precise exit and entry. There is potential for higher highs in many of these TFs. My technical analysis is based on those of David Ward (WykoffMode). Please consider viewing his video publications (link below) to learn more.

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tradingview.com/u/WyckoffMode/

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Interesting article that provides a potential explanation for the increased demand for SOL

topmagazinewire.com/2021/01/10/solana-sol-trading-volume-soars-as-defi-investors-seek-eth-alternatives/

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Note: This is not financial advice. I am not your financial advisor. These are my opinions.

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coindesk.com/tether-stablecoin-expands-its-reach-to-another-blockchain

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