Symmetrical Triangle on Solana - Continuation Pump???

By Aventurine | Crypto Aventurine | 7 Nov 2023


Solana has formed symmetrical triangle best seen on the hourly and 4 hourly chart. It is usually a continuation pattern can we expect further upwards momentum?

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The price target is $49 and that means nearly touching the top of the purple box!

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We are definitely in the bull run the 500% of the LMWR token is certainly the proof that if you are waiting for the bull run to begin after halving than bad news for you you will be late market has moved already!

At this stage we don't know how high the tokens will pump we can only make sure we are not shorting. As shorting in a bull run is so risky! Better to buy on spot and hold the tokens for 10-20x or more!

I am positive that the symmetrical triangle will break to the upside and by the time this post is published it might have already broken and pumps!

I am trying to find the next mover, but things are happening fast Elrond has also pumped 50% after breaking out form the falling wedge!

If you have some clues, drop in the comments and I will have a look!

All the Best,

Aventurine! 

    

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