The point today I am focusing is that on 1 day chart it seems that SOL has taken a great support.
The Sol is going to trade few more days below 120usd. And let is consolidate.
Wait till it gives closing above the blue line (200 Weighted MA)
Hold till 1st target of 155-160 USD.
And, second target in upcoming months is 200 USD.
SHIB has been struck in a consolidation zone or some triangular pattern.
Long Position can be made in Shiba Inu
(Keeping in mind that Crypto is unregulated and huge dumping has been made in past. So, amount invested should be as per your portfolio and your Risk Management.)
- Crossed 50 EMA and showing positive movement.
- First Target @ 0.00027623 at 200...
We can see that market is positive, and growth in economy.
On the expiry day, i.e., tomorrow if market opens 100-150 points Gap-Up or Flat or 30-50 points Gap-Down around levels = 39330 +/- 100
Then, market can be bullish and, with phycological resistance at round levels 39,500 or 39,800. These levels can be your target.
If market closes (on a 15 minute chart...
