Solana looks strong and grow higher than 99% of alts. Despite the problem with it`s blockchain SOL already grow by 67% to local highs and by 27% to the current price.
ðA lot of buyers appear at the bottom of SOL. It confirms us that the newbees sell HUGE amount of their altcoins to WHALES. If the whales are ready to buy SOL, we need to be ready for growth. We talk for 1 lesson about how to avoid this common traders mistakes in mini course for cryptotradersâ Enjoy!
Now the price of the alt is consolidating in the triangle making HL and LH. It`s probably the best pattern on crypo market for traders who trade false breakouts. False breakout of the triangle is what we have to wait now.
ðPreconditions to open a long:
ðĨfalse breakout or local manipulations with liquidity collection
ðĨvolume growth after the false breakout at the local lows
ðĨsqueeze to the trendline
ðĨBTC bull sentiment
The targets:
1ïļâĢ$38-40 - the closest value area
2ïļâĢ$50-53 - the value area. Possibility to reach this area is not so high in short-term, if BTC will not shows it`s strength.
ðĐAbout when BTC will start it`s growth here.
ðŧFriends, press the "like"ð button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
ðA lot of buyers appear at the bottom of SOL. It confirms us that the newbees sell HUGE amount of their altcoins to WHALES. If the whales are ready to buy SOL, we need to be ready for growth. We talk for 1 lesson about how to avoid this common traders mistakes in mini course for cryptotradersâ Enjoy!
Now the price of the alt is consolidating in the triangle making HL and LH. It`s probably the best pattern on crypo market for traders who trade false breakouts. False breakout of the triangle is what we have to wait now.
ðPreconditions to open a long:
ðĨfalse breakout or local manipulations with liquidity collection
ðĨvolume growth after the false breakout at the local lows
ðĨsqueeze to the trendline
ðĨBTC bull sentiment
The targets:
1ïļâĢ$38-40 - the closest value area
2ïļâĢ$50-53 - the value area. Possibility to reach this area is not so high in short-term, if BTC will not shows it`s strength.
ðĐAbout when BTC will start it`s growth here.
ðŧFriends, press the "like"ð button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
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