Hi all,
Solana is making a predicted move to the upside today.
It's currently trading in a Unilateral triangle so we might still see a bearish push in the future to break down, but like everyone else I'm hoping it will break upwards.
The analysis shows us that the current move is following a cup and handle pattern, with a Buy order just indicated by the 7day crossing over the 25day moving average. We are hoping that his will be enough of a push to break past the 99day moving average and up to the next major resistance at $48.
If we however get rejected at the 99day we will see it drop back down to the bottom of this triangle before more consolidation at around $32.
Good luck all and happy trading.
Solana is making a predicted move to the upside today.
It's currently trading in a Unilateral triangle so we might still see a bearish push in the future to break down, but like everyone else I'm hoping it will break upwards.
The analysis shows us that the current move is following a cup and handle pattern, with a Buy order just indicated by the 7day crossing over the 25day moving average. We are hoping that his will be enough of a push to break past the 99day moving average and up to the next major resistance at $48.
If we however get rejected at the 99day we will see it drop back down to the bottom of this triangle before more consolidation at around $32.
Good luck all and happy trading.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.