🔍 #OnRadar | #Crypto
#SOLUSD (#Solana)
Solana Long-Term Cup & Handle | +300% Potential
CMP: $174
Support Zone: $123.00 – $100.00
Pattern Invalidation Level: $95 (MCB - Monthly Closing Basis)
📊 Technical Overview:
Solana (SOLUSD) is showing signs of a long-term Cup & Handle pattern forming on the higher timeframes.
☕️ Cup formation appears complete.
📐 Handle is likely developing within an Ascending Triangle.
🔄 Neckline Resistance: ~$305
🎯 Potential Target on Breakout: ~$560
🚀 Upside Potential: Approx. +300% from CMP
While it's early to confirm a breakout, this structure is worth keeping on the radar for long-term trend traders and pattern watchers.
⚠️ Disclaimer:
This is a technical analysis observation shared for educational purposes only.
Not a buy/sell recommendation.
Please do your own research (#DYOR) and consult your financial advisor before making any investment decisions.
#Crypto | #Solana | #SOL | #TechnicalAnalysis | #ChartPatterns | #CupAndHandle | #AscendingTriangle | #LongTermView
#SOLUSD (#Solana)
Solana Long-Term Cup & Handle | +300% Potential
CMP: $174
Support Zone: $123.00 – $100.00
Pattern Invalidation Level: $95 (MCB - Monthly Closing Basis)
📊 Technical Overview:
Solana (SOLUSD) is showing signs of a long-term Cup & Handle pattern forming on the higher timeframes.
☕️ Cup formation appears complete.
📐 Handle is likely developing within an Ascending Triangle.
🔄 Neckline Resistance: ~$305
🎯 Potential Target on Breakout: ~$560
🚀 Upside Potential: Approx. +300% from CMP
While it's early to confirm a breakout, this structure is worth keeping on the radar for long-term trend traders and pattern watchers.
⚠️ Disclaimer:
This is a technical analysis observation shared for educational purposes only.
Not a buy/sell recommendation.
Please do your own research (#DYOR) and consult your financial advisor before making any investment decisions.
#Crypto | #Solana | #SOL | #TechnicalAnalysis | #ChartPatterns | #CupAndHandle | #AscendingTriangle | #LongTermView
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.