jarryfuentes1993
@t_jarryfuentes1993
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Analysts have identified a potential "cup-and-handle" pattern in SOL's price chart, suggesting a possible rally towards $4,500 if the pattern completes successfully.
REEntry Refinement (15min / 5min TF)Wait for Pullback: Look for price to pull back to the $53.00 – $55.00 zone.Confirmation:Bullish Candlestick Patterns: Hammer, Engulfing, etc.Break of Structure (BOS): Price breaking above a recent lower high.Fair Value Gap (FVG): Identify gaps that price might fill
Price Action & Trend InsightsCurrent Price: Approximately $0.00001382, based on recent data .TradingViewTrend Analysis:The price is trading above the 200-period moving average, indicating a potential uptrend.The Ichimoku Cloud is green, and the price is above it, suggesting bullish momentum.However, the MACD indicator is showing bearish signals, which could indicate a potential reversal or consolidation .
ParameterValueNotesEntry Zone$51.00–$51.20Within 5min OB and FVGStop Loss$50.70Below the recent swing lowTake Profit 1$53.30Previous high / internal liquidityTake Profit 2$57.00Daily resistance / external liquidityTake Profit 3$60.00Psychological level / extension targetRisk-Reward Ratio1:2 to 1:6Depending on TP levels
📌 Notes:Wait for confirmation, don’t buy blind at $51.20 – dapat merong bullish break sa micro structure.You can enter via limit order sa OB, or market execution after BOS + retest.Add confluence with MACD crossover or bullish divergence for extra confirmation.
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