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MBM_Crypto
Mar 25, 2024 4:30 AM

SOL is very close to a breakout!  Long

SOL / TetherUSBinance

Description

SOL has been forming a bigger symmetrical triangle and is currently hanging just below the triangle's upper trendline. Now is the time to keep a close watch on SOL! If you're looking to trade SOL at the moment, here's a quick setup that you might find helpful!

The idea is: Buy when the price breaks above 187$ and take profits at the levels shown in the chart.

Targets:

1. 190$
2. 195$
3. 200$

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About our trades:
Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!). Our TradingView page serves as a testament to this claim, and we invite you to verify it!

Comment

Ah yes; Target 1 met!!

Comment

target 2 perfectly met!

Comment

Nice retest of the breakout level!
Comments
StewySongs
👍👍👍
MBM_Crypto
@StewySongs 👌🏽👌🏽
behdark
Looks like a good triangle, is it possible for the price to reach target 3?
MBM_Crypto
@behdark possible
guydraud
Trend is king. Always. And Solana is on a very strong uptrend. So far there is no single strong evidence of a possible reversal so as long as the trend line holds, up we go! 💪
MBM_Crypto
@guydraud, Yep, I agree! The trend is kind, Indeed! :D
MyCryptoParadise_Simon
Spotting the opportunity in SOL's current position just below the triangle's upper trendline is quite insightfuL
MBM_Crypto
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