SOL - TRADE SETUP
SOLANA is forming a Bullish Bat Harmonics Pattern and the D leg will be completed at the 0.886 fibonacci level. Many indicators are also showing that this massive sell-off trend will reverse soon and this 0.886 area is by far the best area to place your orders.
Make sure to DCA when SOL goes below $140. Expecting a reversal soon especially with the completion of this bullish harmonics.
We all know about the amazing Fundamentals behind SOL and with amazing developments on SOL I do see SOL getting strength very soon.
So with SOL, the best Support Zone is between $130 - $135, buy / long SOL at those areas if you see them with confidence!
This TA is done on 4hr timeframe so it might take some time to touch the buyzone and hit the take profits so be patient.
Buy Zone: $130 - $135
Sell Zone: $144 - $200
I'll keep this chart updated.
SOL's Current Market Price: $140
Good Luck.
If you liked the idea please give like and follow.
Make sure to DCA when SOL goes below $140. Expecting a reversal soon especially with the completion of this bullish harmonics.
We all know about the amazing Fundamentals behind SOL and with amazing developments on SOL I do see SOL getting strength very soon.
So with SOL, the best Support Zone is between $130 - $135, buy / long SOL at those areas if you see them with confidence!
This TA is done on 4hr timeframe so it might take some time to touch the buyzone and hit the take profits so be patient.
Buy Zone: $130 - $135
Sell Zone: $144 - $200
I'll keep this chart updated.
SOL's Current Market Price: $140
Good Luck.
If you liked the idea please give like and follow.
Note
I hope you guys did read that part:"Make sure to DCA when SOL goes below $140. Expecting a reversal soon especially with the completion of this bullish harmonics".
Always DCA guys :-) Don't left out! However, market can always turn make sure to book profits if you bought it near $140 as mentioned.
Trade closed: target reached
All tagerts hit! <3
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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.
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.