Hi friends! Solana consolidationg inside the triangle and it will going to pump to the closest targets: $35 and $40. It is possible if BTC start to grow from the current price of $18900 to 20-21k.
Now the price is also trade betwenn two huge value areas. If Sol break it up, it will be additional bullish confirmation.
📊 Why the price can Pump? Take a look on the volume indicator. The volume bars are ALWAYS growth when the SOL fall to the local bottom. That is mean that a lot of big guys bought the SOL to sell it higher.
📊 How to force retailers to buy SOL? Of course, Pump it.
📊 What is the preconditions to open a long? 🔥 pay the attention to the squeeze to the top trednline of the triangle. It will be the first signal that shows the bull power. 🔥 the volume growth if the price touch the lower trendline of the triangle. Additionall confirmation that the bull are here 🔥 bullish BTC push the ALTs up.
🚩 Personally I use the DOM and Footprint sclaping indicators to identify the support and resistance by the whales and open a trade on pullbacks with them. It's very usefull trading strategy.
✅The targets: 1. $34-35 - the closest value area and strong resistance 2. $39-41 - the value area
💻Friends, press the "boost"🚀 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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