Solana is very bullish
Updated
Solana is about to break the long term bearish trend on the daily chart.
Scenario 1 (very likely)
There is a big possibility of having a correction to 0.618 level (around 26$). And I would expect an impulsive rise from here to 45$ very fast!
Scenario 2 (unlikely)
Bitcoin makes a new high above 35K and Solana follows it. Then I would buy around 32$ which is gonna be the retest zone.
Happy trading! and of course this is not a financial advise.
Scenario 1 (very likely)
There is a big possibility of having a correction to 0.618 level (around 26$). And I would expect an impulsive rise from here to 45$ very fast!
Scenario 2 (unlikely)
Bitcoin makes a new high above 35K and Solana follows it. Then I would buy around 32$ which is gonna be the retest zone.
Happy trading! and of course this is not a financial advise.
Note
There is an inverse H&S formed in hourly chart. Trade is active!
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