SOL 12h Growth conditions for Solana price x3-x4 in the idea

26 авг. 2021 г.

We have another trading pair in SOLUSDT analysis, which was voted under our "Bitcoin Weekend #17" idea

Most likely, the pair SOLUSD caught the attention of traders with its non-stop growth. And really it is not a bad growth of +270% in one month. This SOL price growth reached the first target of $79 from our previous idea.

Today we only stretched the fractal a bit in time from our previous idea, and why change it when everything has been working for a month already? )

We need to watch the $60-63 price zone closely now. If buyers become active in this price range, and trading volumes start to turn green and grow, it will be a good sign for the continuation of growth. The upside targets for the Solana token, according to the fractal, are $115 and $150.

If the sellers push down and fix the price below $60, the SOLUSDT price is likely to head to the $42-50 price zone. The levels of $42 and $50 should be kept in mind as key levels for placing buy orders. Yes, according to this scenario, the growth will be less dynamic in the time than according to the fractal, but the targets from above for growth are unchanged: $80-115-150.
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