#SOLANA/USDT Chart Analysis
HTF Perspective: The SOLANA chart looks extremely bullish on the higher timeframe (HTF). A bullish Cup & Handle pattern is emerging, signaling a potential massive upward trend.
Cup & Handle Pattern: According to my analysis, the Cup has already been completed, and we are awaiting the formation of the Handle. The handle's bottom is likely to form around $50, which presents a great opportunity to accumulate SOLANA in large quantities.
Key Takeaways:
➡ The cup pattern is completed, and the handle pattern is in the works.
➡ The handle bottom could form around $50, presenting a prime buying opportunity.
➡ Once the handle pattern completes, a significant upward move is likely.
➡ Long-term targets are around $500 to $1000.
Price Levels:
➡ Strong Support: $84/$46
➡ Resistance: $200
Current Update: I initially highlighted this pattern when
SOL was trading at $190, and now it's touched $116. If you booked profit at the top, well done!
Disclaimer: This is not financial advice. Do your own research before investing in any cryptocurrencies.
HTF Perspective: The SOLANA chart looks extremely bullish on the higher timeframe (HTF). A bullish Cup & Handle pattern is emerging, signaling a potential massive upward trend.
Cup & Handle Pattern: According to my analysis, the Cup has already been completed, and we are awaiting the formation of the Handle. The handle's bottom is likely to form around $50, which presents a great opportunity to accumulate SOLANA in large quantities.
Key Takeaways:
➡ The cup pattern is completed, and the handle pattern is in the works.
➡ The handle bottom could form around $50, presenting a prime buying opportunity.
➡ Once the handle pattern completes, a significant upward move is likely.
➡ Long-term targets are around $500 to $1000.
Price Levels:
➡ Strong Support: $84/$46
➡ Resistance: $200
Current Update: I initially highlighted this pattern when
SOL was trading at $190, and now it's touched $116. If you booked profit at the top, well done!Disclaimer: This is not financial advice. Do your own research before investing in any cryptocurrencies.
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Twitter: twitter.com/CryptoPatel
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.