Solana's 5-Year Cup and Handle Coils for Potential 106% Run to Rim: Peter Brandt
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6 Articles
Solana Price Could Double? Peter Brandt Spots 106% Rally Setup
The post Solana Price Could Double? Peter Brandt Spots 106% Rally Setup appeared first on Coinpedia Fintech News Solana price surged 8% to around $119 on September 21, reaching its highest level since January as the wider crypto market recovered. But the bigger story is now on the weekly chart, where veteran trader Peter Brandt has spotted a five-year cup-and-handle pattern, putting the $240 resistance level in focus for SOL. Solana Price Hits …
🚨 Peter Brandt pointed out the final phase of a five-year cup and handle pattern in Solana. 📈 In the current chart, there is approximately 106% of the area up to the $240 band for $SOL. 🧭 The real technical confirmation will be provided by a sustained move above the $240 to $260 range. ⚠️ Below, the $80 to $85 region is being watched as critical support for the preservation of the structure. Read More: Analyst Peter Brandt points to the $240 …
Technical analyst Peter Brandt observes a five-year cup and handle structure in SOL, whose next move would depend on surpassing the USD $240 to USD $260 or losing support between USD $80 and USD $85.
Solana's 5-Year Cup and Handle Coils for Potential 106% Run to Rim: Peter Brandt
Solana’s 5-year chart pattern approaches resolution as the asset coils for a 106% run to the rim, according to veteran Peter Brandt.
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