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Solanausdt

SOL/USDTHello 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 ;)
by javidamiry
2
SOLUSDT FOR A BULL RUN!Looking at past data on Solana, we might be up for a bull run. Why? Before the last bullish wave, price created a bull flag for a couple of weeks. With a continuous bounce at the $25 support level, the bullish impulse was aided until price got to the ATH at $260. Now, price has continued to face bearish movements in this bear market. Lower highs and lower lows continued to form, showing us a clear downtrend since November 2021. We now have Solana bouncing off the $80 level. Price has now formed a double bottom, and this support level could really be holding. Logically, this looks like a good dip. Picking up Solana at $80-$90 is a huge discount before the next bull run, as we could see a new ATH at $600. I'm longing Solana here, and I think you should too.
Long
by Men_of_The_Markets
2