Technical analysis by howlermonkey about Symbol SOL: Buy recommendation (10/25/2023)
https://sahmeto.com/message/510033
howlermonkey
Rank: 16431
Analytical Power:
1.5

Solana is about to break the long term bearish trend on the daily chart. Scenario 1 (very likely)There is a big possibility of having a correction to 0.618 level (around 26$). And I would expect an impulsive rise from here to 45$ very fast!Scenario 2 (unlikely)Bitcoin makes a new high above 35K and Solana follows it. Then I would buy around 32$ which is gonna be the retest zone.Happy trading! and of course this is not a financial advise.There is an inverse H&S formed in hourly chart. Trade is active!
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Signal Type: Buy
Time Frame:
1 dayPrice at Publish Time:
$31.84