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Raul_Dominguez
Oct 3, 2021 7:51 PM

Solana Bull Flag Breakout Long

SOL / US DollarBinance

Description

BINANCE:SOLUSD

Solana just broke out of a Bull Flag about 3 days ago, that was a long 3 week consolidation period. The price target will be calculated by adding the length of the previous rise to the breakout point. Stop Loss is just below previous low.

MACD indicator just gave a buy signal when the blue line crossed the orange line. Volume increased on the breakout, good signal. All well.

Definition of Bull Flag: freeonlinetradingeducation.com/bull-flag.html

I hope you find this interesting and good luck to you.
Comments
AspenSky
ty for your chart very clearly and easy to understand.
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