SOLANA Bull Flag (UPDATE)The solana token move-UP has begun , I published a previous idea where I spotted the bull flag earlier, while building up.
Previous idea here below, if you missed it.
A near resistance level has just been broken to confirm that CRYPTOCAP:SOL is ready to push up on a parabolic run, despite bitcoin dumping. I am holding from GP price level. My hopeful target is $300 - $500 .
CRYPTOCAP:SOL is expected to go back to previous high price. More update to follow as we go along
Merry Christmas TRADENATION:SOLANA 🎄🎅
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Soltrade
📈 SOL Trading Analysis 🚀Support & Resistance Strategy:
SOL has retraced to a support level, suggesting a potential bounce. Anticipate movement towards upper resistance levels.
Trade Setup:
Entry: $140 at current support.
Take Profit: $160-$170 or $200-$220.
Stop Loss: Just below $135.
Market Observation:
Recent market activity shows a range-bound pattern.
If SOL struggles to breach the next resistance, consider exiting to secure profits.
📊🔍 Stay alert for SOL's movements! #SOLTrading #CryptoAnalysis 💰📈