FieryTrading

🔥 Solana [SOL] Going Parabolic: Break Out Update

Long
BINANCE:SOLUSDT   SOL / TetherUS
In my most recent SOL analysis, little over a week ago, I wrote that I was waiting for a break out of the rising wedge pattern on the bullish side.


As anticipated, the price broke through the resistance and led to an almost 100% gain in around 2 weeks time. Huge win for SOL bulls and crypto as a whole.

Seems to me that 100$ is going to happen rather soon. Keep in mind that SOL has gone up around 200% in a month without any pull-back, so it's likely going to be a bumpy ride to 100$.

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