Solana is testing now the Falling Resistance from July's candle body top.
All two prior break outs over such Resistance in the past 12 months have ended with a new Higher High on our main Channel Up pattern.
Trading Plan:
1. Buy if the price breaks above the Falling Resistance.
Targets:
1. 33.000 (Fibonacci 2.0 extension as on previous break outs).
Tips:
1. The RSI (1d) will start flashing the first sell signs inside its Resistance Zone. Use it as an additional exit back up plan in case there is a sudden price reversal.
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All two prior break outs over such Resistance in the past 12 months have ended with a new Higher High on our main Channel Up pattern.
Trading Plan:
1. Buy if the price breaks above the Falling Resistance.
Targets:
1. 33.000 (Fibonacci 2.0 extension as on previous break outs).
Tips:
1. The RSI (1d) will start flashing the first sell signs inside its Resistance Zone. Use it as an additional exit back up plan in case there is a sudden price reversal.
Please like, follow and comment!!
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Also doing account management, earn +15% monthly profit!
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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.
Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
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.