SOL/USDT

Hello Dear Traders, Hope everyone is doing well with profitable trade as per technical analysis.

Guys, Exactly as we predicted Solana tested the Strong Resistance Trend Line for the 4th Time, unfortunately resulted a fakeout !
and also got supported successfully by the Strong Support Trend Line.

So here is the consequence, we have still our two scenarios ahead as usual, from here we will test the Strong Resistance Trend line once more and we will break it and breakout happens we will go for 96.00 and 104.50 where the Resistance and Supply zone located. otherwise we will have another Fakeout and we will fall back to the Strong Support Trend Line and maybe we break it below and fall to 87.40 and 79.00.

So it's always good to trade after breakout and pullback for confirmation or else always its risky.

Trade is easy and profitable if you just move as per CORRECT technical analysis !

Enjoy Guys ;)
BTCUSDTChart PatternsHarmonic PatternssolanasolanausdtsolusdtTrend Analysis

Also on:

Related publications

Disclaimer