CRYPTO #solusdt - Broken out of symmetrical triangle. Get long
#solusdt - Solana has broken out of a symmetrical triangle and is now in an uptrend. Based on the triangle we have a nice target of 58 which is a good 60% return. Everything is lining up. RSI is higher so the buyers are in control and STO is low so the price can have a nice rise. Get long but only with a stop in this ugly market.
RSI has improved from 28 to 44 so selling strength has dried up and buyers are taking over.
Volume - Green volume bars are dominating recent action.
STO has bottomed out so we are primed for another pump.
Current Price 36.80
Target 1 is 58.
Stop loss is 31.50.
RSI has improved from 28 to 44 so selling strength has dried up and buyers are taking over.
Volume - Green volume bars are dominating recent action.
STO has bottomed out so we are primed for another pump.
Current Price 36.80
Target 1 is 58.
Stop loss is 31.50.