Solana
Long
Updated

Solana - Here Comes The Bullish Reversal!

2 235
Solana (SOLUSD) might head for new all time highs:

snapshot

Click chart above to see the detailed analysis👆🏻

Just a couple of months ago, Solana perfectly retested the previous all time high and created an expected short term rejection. However, with the current major support area and a potential bullish reversal, Solana remains in a strong market, potentially heading for new all time highs.

Levels to watch: $120, $250

Keep your long term vision,
Philip (BasicTrading)
Trade active
Trading update on Solana (SOLUSD):

snapshot

Click chart above to see the detailed analysis👆🏻

The final two days of the monthly candle are starting and Solana has clearly been creating a lot of bullish price action lately. Just looking at the major reversal which faked out a lot of bulls, Solana is creating a path much higher, targeting new all time highs.

Levels to watch: $120, $250

Keep your long term vision,
Philip (BasicTrading)
Trade closed: target reached
Solana - SOLUSD - simply creates the continuation:
snapshot
(click chart above to see the in depth analysis👆🏻)

Is was really just a matter of time until Solana manages to reject the major horizontal support area. Moves can happen quite quickly, especially regarding cryptocurrencies, so it is super important to have a proper position strategy, risk execution as well as mindset control in place.


Levels to watch: $250

Keep your long term vision!
Philip (BasicTrading)

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