Expect SOL to break out of the ascending triangle.

What is an Ascending Triangle?

An ascending triangle is a technical chart pattern that indicates the potential for a continued uptrend. It features a horizontal resistance line at the top and an upward-sloping support line. This pattern forms as the price hits the same resistance level at the highs while the lows steadily rise. 📈

A breakout above the horizontal resistance suggests a strong potential for further price increases, presenting a good buying opportunity. 💹

My targets for this trade:

1) 242 🎯

2) 291 🎯

3) 350 🎯

The ideal entry for a long position is after the daily candle closes above the horizontal resistance level.

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