SOLUSDT is forming a bullish pattern: a cup and handle or inverse head and shoulders. If it closes above 180 in the daily timeframe, the pattern may activate.
Targets are 265 and 340.
The pattern is invalidated if it closes below 159 in the daily timeframe, assuming it didn't break the previous low before the breakout.
Entry is from the neckline down to the low of the right shoulder, or whatever risk-reward ratio you are comfortable with.
Targets are 265 and 340.
The pattern is invalidated if it closes below 159 in the daily timeframe, assuming it didn't break the previous low before the breakout.
Entry is from the neckline down to the low of the right shoulder, or whatever risk-reward ratio you are comfortable with.
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