SOLANA / GROWTH FROM ONE OF THESE SUPPORTS!!
🚀#SOLANA is poised for another bullish run, here's why:
🔰As explained in my previous post, SOLANA has broken through significant resistance levels. Most importantly, it has breached the daily timeframe BEARISH trendline.
🔰The retracement from the BULLISH channel's top has been gradual and weak. Therefore, it's likely that this retracement will find support at key levels and reverse into an BULLISH trend.
🔰Key SOLANA support levels:
172.22-174.14 ZONE and BULLISH channel's bottom
OLD BULLISH trendline
🔰If the anticipated uptrend materializes, here are the target levels:
Target 1: 195.93-197.44
Target 2: 201.67
Target 3: 210.39
❌Stop-loss for the bullish scenario: The BULLISH trendline. A breakdown of this trendline in the 4-hour timeframe would signal a bearish market.
🔰As explained in my previous post, SOLANA has broken through significant resistance levels. Most importantly, it has breached the daily timeframe BEARISH trendline.
🔰The retracement from the BULLISH channel's top has been gradual and weak. Therefore, it's likely that this retracement will find support at key levels and reverse into an BULLISH trend.
🔰Key SOLANA support levels:
172.22-174.14 ZONE and BULLISH channel's bottom
OLD BULLISH trendline
🔰If the anticipated uptrend materializes, here are the target levels:
Target 1: 195.93-197.44
Target 2: 201.67
Target 3: 210.39
❌Stop-loss for the bullish scenario: The BULLISH trendline. A breakdown of this trendline in the 4-hour timeframe would signal a bearish market.
Related publications
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.