SOLUSDT Gann Square Long Until $130
Updated
Solana (
SOLUSDT) performed well over the last weeks, and now it's in a correction phase. With Bitcoin's downward movements, it dropped a lot. However, it seems like the correction phase is near to the end. According to my Gann Square analysis, we are currently testing our strongest support and we seem to do well. A small long position can be opened with a TP of $107.8. After this I will evaluate the market's condition and if everything seems OK, I'll expect a quick return to $130 levels.
This is my analysis based on my experience level and shouldn't be taken as a financial advise, ALTHOUGH I've been correct for a lot of times especially about Solana.
Don't forget to comment what you think! Your opinions matter!
SOLUSDT) performed well over the last weeks, and now it's in a correction phase. With Bitcoin's downward movements, it dropped a lot. However, it seems like the correction phase is near to the end. According to my Gann Square analysis, we are currently testing our strongest support and we seem to do well. A small long position can be opened with a TP of $107.8. After this I will evaluate the market's condition and if everything seems OK, I'll expect a quick return to $130 levels.This is my analysis based on my experience level and shouldn't be taken as a financial advise, ALTHOUGH I've been correct for a lot of times especially about Solana.
Don't forget to comment what you think! Your opinions matter!
Comment
The support line (orange) seems to be doing extremely well.Trade active
Entry: $102Take Profit 1: 107.23
Take Profit 2: 113.62
Take Profit 3: 123
Last Take Profit: 132
Stop Loss: 99.85
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.