SOLUSDT 12h Solana +35% growth in 6 days and this is not the end

20 thg 7, 2022

Today we will update info about our medium-term SOLUSDT trade.

After an 8-10 month downward trend, it is hard to believe in growth, but the fact is that in just 6 days the Sol price increased by 35%

The first strong resistance level of $50 is very close.
We assume that consolidation may begin below it before continuing the upward movement.

Therefore, it is worth making a decision based on what type of trade you practice, whether the profitability is sufficient for you, how large the size of the position is, etc.

At the moment, it seems logical to partially fix the profit on the long position of SOLUSD, before the levels of $50, $59 and $79
The growth pattern is relevant if, the nearest days, buyers do not allow the Solana token price to fall below $41.

Subscribe to us and always receive timely updates on the technical analysis of cryptocurrencies.
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)