Technical analysis by basictradingtv about Symbol SOL: Buy recommendation (10/18/2024)

Solana (SOLUSD) is preparing for an all time high breakout:Click chart above to see the detailed analysis👆🏻After dropping -95% in 2022, Solana then rallied an incredible +2.000% and retested the previous all time high. Then we saw a quite long term but tight consolidation and just two months ago, Solana retested the lower support again. It is just a matter of time until we will see a breakout.Levels to watch: $120, $210Keep your long term vision,Philip (BasicTrading)Trading update on Solana (SOLUSD): Click chart above to see the detailed analysis👆🏻 Despite the entire crypto market correcting, Solana is clearly not showing any signs of weakness which shows us that bulls are 100% in control of this cryptocurrency. The next resistance would be the all time high, which means Solana can rally at least another +25%. Levels to watch: $210 Keep your long term vision, Philip (BasicTrading)Trading update on Solana (SOLUSD): Click chart above to see the detailed analysis👆🏻 All eyes should now be on the previous all time high because if Solana actually manages to break it towards the upside, we can maybe even see four digit prices within a matter of weeks. Solana is stronger than the crypto market, which is always a very bullish indication. Levels to watch: $210 Keep your long term vision, Philip (BasicTrading)Trading update on Solana (SOLUSD): Click chart above to see the detailed analysis👆🏻 With all of the bullish crypto momentum, also Solana is breaking the previous all time high towards the upside. So far everything is moving as expected and a candle closure above the horizontal resistance could unleash an insane parabolic rally comparable to the one we saw in 2020 Levels to watch: $210 Keep your long term vision, Philip (BasicTrading)