Solana - Strongest altcoin! New ATH + bull flag (buy now)

2024年10月24日

Solana is currently one of the strongest altcoins. That's visible in the charts! Currently the price is forming a bullish flag pattern, so expect another big leg to the upside in the next few weeks. Where to take profit? Well, to answer this question, we have to use the Fibonacci extension tool and measure strong levels. I always use 0.382 FIB (383 USDT) and 0.618 FIB (829 USDT).

From the Elliott Wave perspective, wave (3) was really huge; Solana made 2600% last year. But let's focus on the future because there is a very high chance of making another 100%-400% until the end of this year. We need to finish this cycle with wave (5).

I recommend buying Solana as soon as possible before the huge pump begins! Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!

2024年10月25日

トレード稼働中

First short-term target: 183 USD (top of the flag).

2024年10月26日

手動でトレードを終了しました

Solana is bullish, but we can see a small weakness on the 4h chart. It's possible to retest this level before going to a new all time high.