Hey Traders 🐺
Solana’s price action is currently moving within a large symmetrical triangle, which in my opinion is great news — these patterns often give us clean and predictable movements.
Let’s take a look at the two most likely scenarios:
Scenario 1: Inverse Head & Shoulders (Daily TF)
In this case, price could attempt a breakout, retest the triangle support, and reclaim the daily horizontal support — setting the stage for bullish continuation.
Scenario 2: Consolidation Before Breakout
This one seems more probable. I’m expecting a consolidation phase inside the triangle before a true breakout. A classic liquidity grab and shakeout might occur first — washing out weak hands before the actual move.
I’ll talk about potential price targets and invalidation levels in my next idea, as it’s still early to finalize that.
Make sure to follow for real-time updates, and as always:
🐺 Discipline is rarely enjoyable, but almost always profitable.
KIU_COIN
Solana’s price action is currently moving within a large symmetrical triangle, which in my opinion is great news — these patterns often give us clean and predictable movements.
Let’s take a look at the two most likely scenarios:
Scenario 1: Inverse Head & Shoulders (Daily TF)
In this case, price could attempt a breakout, retest the triangle support, and reclaim the daily horizontal support — setting the stage for bullish continuation.
Scenario 2: Consolidation Before Breakout
This one seems more probable. I’m expecting a consolidation phase inside the triangle before a true breakout. A classic liquidity grab and shakeout might occur first — washing out weak hands before the actual move.
I’ll talk about potential price targets and invalidation levels in my next idea, as it’s still early to finalize that.
Make sure to follow for real-time updates, and as always:
🐺 Discipline is rarely enjoyable, but almost always profitable.
KIU_COIN
_____________________________________
🐺 Discipline is rarely enjoyable ,
But almost always profitable 🐺
TElEGRAM CHANNEL : t.me/KIU_COIN
_____________________________________
🐺 Discipline is rarely enjoyable ,
But almost always profitable 🐺
TElEGRAM CHANNEL : t.me/KIU_COIN
_____________________________________
Penerbitan berkaitan
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.
_____________________________________
🐺 Discipline is rarely enjoyable ,
But almost always profitable 🐺
TElEGRAM CHANNEL : t.me/KIU_COIN
_____________________________________
🐺 Discipline is rarely enjoyable ,
But almost always profitable 🐺
TElEGRAM CHANNEL : t.me/KIU_COIN
_____________________________________
Penerbitan berkaitan
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.