$SOL... #Solana Potential Bullish Continuation Pattern.. 9-20%
Hello Traders,
Take a look at the chart.
We have a potential bullish continuation pattern forming on Solana's chart.
We've seen the resistance be touched four times now, which sets us up for a strong breakout, either to the downside or upside.
Price action has formed a Flag pattern with downward sloping volume, confirming the pattern.
There is strong resistance at the $241-244 range, upon a successful break above this resistance zone, we could look at targets of $255+-$285.
Giving us a 9-20% ROI potential.
Safe trader = Wait for a break above resistance.
Risk trader = Taking trade now w/ tight SL. (This is a higher risk on the weekends, as they present a higher level of volatility. )
Never financial advice.
Good luck!
Take a look at the chart.
We have a potential bullish continuation pattern forming on Solana's chart.
We've seen the resistance be touched four times now, which sets us up for a strong breakout, either to the downside or upside.
Price action has formed a Flag pattern with downward sloping volume, confirming the pattern.
There is strong resistance at the $241-244 range, upon a successful break above this resistance zone, we could look at targets of $255+-$285.
Giving us a 9-20% ROI potential.
Safe trader = Wait for a break above resistance.
Risk trader = Taking trade now w/ tight SL. (This is a higher risk on the weekends, as they present a higher level of volatility. )
Never financial advice.
Good luck!