$SOL Swing Long Breaks Through Downward Wedge (TP Targets)
Congrats to those who did enter Solana as it nearly retraced exactly to the 0.5 fib level.
This breakout has the potential to go move back up to the $250 zones. With the 20 EMA close to crossing over the 50 EMA and 200 EMA, Solana can potentially range between $500 to $1000 In the next upcoming months or year.
Those who entered around the 0.5 level, maybe slightly higher, or even on the break out are now over 60% in profits.
Targets for $SOL: 111.10 - 125.26 - 143.83 - 171.48 - 208.23 +
SL: Move your stop losses to 97.5
We could potentially see a move down to the 100 - 110 area however if the daily closes above the 200 days EMA, expect SOL to continue moving up even higher than its current price.
This breakout has the potential to go move back up to the $250 zones. With the 20 EMA close to crossing over the 50 EMA and 200 EMA, Solana can potentially range between $500 to $1000 In the next upcoming months or year.
Those who entered around the 0.5 level, maybe slightly higher, or even on the break out are now over 60% in profits.
Targets for $SOL: 111.10 - 125.26 - 143.83 - 171.48 - 208.23 +
SL: Move your stop losses to 97.5
We could potentially see a move down to the 100 - 110 area however if the daily closes above the 200 days EMA, expect SOL to continue moving up even higher than its current price.
