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TheSignalyst
Mar 14, 2024 8:21 AM

SOL - Next Stop => $200 

Solana / TetherKuCoin

Description

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

📈 SOL has been overall bullish trading within the long-term rising broadening wedge in blue.

How high can SOL climb?

The marked blue circle represents a significant resistance and overbought zone as it marks the intersection of the upper blue trendline and $200 round number.

Thus it would be a robust area to anticipate a potential reversal.

🏹 Meanwhile, as long as the $150 support holds, a continuation towards the $200 mark would be expected.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Richard Nasr
Comments
victormoneron43
This one should be in everyone's top 10!!
TheSignalyst
@victormoneron43 salute brother 👑
MyCryptoParadise_Simon
Boom! Your analysis provides a solid foundation for fellow traders to consider their strategies around SOL. Thanks for sharing your expertise
MyCryptoParadise
Agree! SOL's bullish trend within a long-term.
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