moneypenny275

SOLANA - SOL/BTC -BREAKOUT

Short
BINANCE:SOLBTC   SOL / Bitcoin
1H tf
-Solana clearly bouncing off 0.618
-breaks out of an 8d ay resistance triangle
-then, reaches and breaks through 200 EMA
-It pulled back to 618-786 zone
-now trending upward, conquering the 50 & 100 EMA and could conquer 200 EMA before the day is over.
-From here, would could see a ~56% move before a significant pullback.

imho.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.