breakoutfakeout

Buy Sol undervalued at 18 target 74

Long
BINANCE:SOLUSD   Solana
Sol is one of my favourite cryptos due to its fast processing speeds on transfer. Its lagged a lot compared to other second tier cryptos this week like BCH and LTC. I think we could be about to see a pump into the mid 20's.

For longer term holders 74 is a nice target as shown
Comment:

Higher swing ow just in above green support line, should take out 20 soon and begin to hold steady in 20's before moving up further
Comment:
Now up to 22 and moving exactly as expected. Those that were around in the last crypto bull run remember how powerful the moves in SOL can be. This week Sol has shown incredible strength in the face of profit taking across crypto. I believe this shows that SOL is still one of the strongest alts out there
Trade closed: target reached

About me: I'm a retail day trader (trading since 1993). Most ideas here are for short time frames and become profitable quickly. I take profits fast as things change fast. 1-2-1 mentoring sessions available.




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