FieryTrading

πŸ”₯ SOL Bullish Break Out Successful: Back To All Time High

Long
BINANCE:SOLUSDT   SOL / TetherUS
Only yesterday I made an analysis on SOL and the pending break out. I was arguing that SOL was likely to follow the triangle for another while. However, a bullish break out was likely to happen soon.


And indeed, today was the day of the huge break out candle, right through the triangle's resistance. During this move, both profit targets have been hit. Congrats if you took the trade.

Since the crypto market is incredibly bullish at the moment, I'm moving the SOL targets towards the area between $200 and $215. Be aware we might be trading inside the $165 to $175 area for a while since we just had a big move.

Happy trading!

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