- July 26, 2021
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
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Pattern: Channel Down on 1D.
Signal: Buy if the 1D MA100 (green trend-line) breaks. If not and a Death Cross is formed instead, expect a Lower Low which will be the most optimal buy signal.
Target: 130.00 (the 1.618 Fibonacci extension).
Tradingview link:
https://www.tradingview.com/chart/SOLUSD/bVcYQPdr-SOLUSD-aiming-at-130-in-Q4