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SOLANA SOL HUGE BREAK OUT SOON!!! PRICE ANALYSIS PRICE PREDICTION
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So this will be a quick update on Solana right now we are trading at about $112 and we do have some price action development for Solana you can see that we have a resistance on the 15 minute time frame at around $115 so this level has been the
Resistance for the last couple of hours and we also have a key support level to look out for here at about $19 so this level was the previous resistance that we have now broken out from and we’ve retested for support so in my opinion it’s quite likely that Solana does continue this breakout
Towards the upside as we are still in an uptrend of higher highs and higher lows on the higher time frames and right now we also forming this bull flag pattern formation over here so from the previous breakout point at about $98 to the current resistance at about $115 we have
This flag pull up followed by this sideways consolidation in the shape of a flag so bull flag formations are bullish continuation patterns and the technical Target of the breakout is the length of the flag pole so the next Target for Solana if we do break above the bull
Flag resistance over here should be about $130 for the coin so keep a look out for about $115 if Solana can break Above This level and if you can close a few 15-minute candles above it confirming a breakout at about $115 the next Target for the coin should be about
$130 if we continue to sell off towards the downside from here the obvious support to look out for is about $19 if Solana starts to break down from this level here for a few 15minute candles it’s very likely that the uptrend for Solana is probably over in the immediate shortterm and it’s quite
Likely we would have an extended correction towards the downside so if we do break down from about $19 the next support to look out for is about $14 which is the previous resistance on the 15-minute time frame so this is one level where Solana might find some
Support at so there will be the analysis for salana right now if you guys are interested in our trade set up for salana do check out the patreon for the Discord signal group we’ve basically been long salana ever since the consolidation over here a couple of
Weeks ago from about around $68 if you saw the previous few analysis videos yeah so if you’re interested in our next TR setup for this coin do check out the patreon for the Discord signal group and that will be it for now guys I’ll see you in the next analysis video