Solv Protocol Conquers Resistance, Easy 120%SOLVUSDT has been creeping higher slowly. It has been challenging resistance for weeks and finally, just today, the major resistance level on this chart breaks. It has been conquered.
SOLVUSDT is now in bullish territory and moving higher. The way I see it goes something like this: There will be a small time window for SOLV to develop bullish force. As soon as prices move higher, just a bit higher, say above 0.05000, bullish momentum will grow and there will be a major jump. The 120% target on the chart is intended for the short-term and should be an easy one.
This is another good chart for short-term profits. Everything altcoins will do great in the coming weeks and days. If you waited patiently, you will be rewarded. If you held through the final shakeout and market flush, you are about to get paid for doing a good job. You deserve all the best and more.
Thanks a lot for your continued support.
Namaste.
SOLV
SOLV Looks Bearish (8H)SOLV appears to be completing an ABC or WXY pattern.
Recently, it lost a trendline, which is a significant bearish signal.
If it loses the white box, it could enter a heavy drop phase.
A daily candle closing above the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Will SOLV pump more? (4H)It seems that a wave A has completed, and wave B has started from the point where we placed the green arrow on the chart.
This wave appears to be a diametric, and we are currently in its wave e.
The red zone is a supply zone that is fresh and untouched. This zone could complete wave e of B, leading us into wave f of B.
A daily candle closing above the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You