BlockchainBull

Solana (SOL) 29/03/21 Update

Long
FTX:SOLUSD   Solana
Price has been consolidating between $10 and £16 for four weeks. Finally broke the box last night to reach a new All Time High. The 20 and 50 MA positioning show price will continue to push to the upside. Price could retest the new support level of 16.500 before making another push to the upside. The first buy zone would be the 16.500 support level. For the more conservative trader, wait for price to go back down to the 50 MA (15.100) before entering.

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