Mihai_Iacob

Solana- The next obvious target is 80

Long
BINANCE:SOLUSDT   SOL / TetherUS
In the past two months, I have twice drawn attention to Solana and advised traders to pay close attention to it. The first instance was in September, when a falling wedge pattern was unfolding and seemed ready for an upward breakout. The second was after the breakout and a correction back to 20. Since the end of this second correction, Solana (SOLD/USDT) has surged, exceeding my initial target of 40 by more than 300% from the bottom to the top of this upward leg.

This leads to an obvious question: Does Solana have more potential for growth? I believe the answer is YES, and my next target is 80. Technically speaking, after breaking out of a small triangle and experiencing the last upward leg, Solana began to correct, but dips are being actively bought. I will remain bullish as long as the price stays above the 45-50 zone. I'm looking to buy within this range, aiming for a favorable risk-reward ratio with 80 as the target.

🚀 Elevate your trades with a 20-year market veteran!

📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals

💎 Crypto Channel:
t.me/FanCryptocurrency

🌟 Premium Contact:
t.me/IacobMihai
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.