Today we will talk abt Solana.

First of all I should say you that you can trade $SOL on Vooi.

$SOL is available on Orderly, KiloEx and SynFutures.

Now let’s look at technical analysis of $SOL chart.

Which pattern can you see here? It’s CUP WITH HANDLE!

And btw it’s a bullish signal.

Do you know what this pattern mean?

The Cup with Handle is a classic graphical technical analysis pattern that is looks like a bullish signal. It's often used to predict the continuation of an uptrend. Name of this pattern was made because of its visual similarity to a bowl and a handle.

What does the "Cup with handle" pattern look like?

Bowl: It is formed in the form of a smooth U-shaped price movement that resembles a bowl. This is a consolidation phase where the price first declines and then gradually recovers.

Handle: After forming the bowl, the price makes a small rollback (usually within 1/3 of the depth of the bowl), forming a "handle". This pullback looks like a small downtrend or a sideways movement.

How does the pattern work?

• Bowl: An accumulation phase where sellers lose control and buyers gradually strengthen their positions.

• Handle: The final correction phase, where weak hands (uncertain traders) exit positions, and strong players continue to accumulate assets.

• Breakdown: After the handle is completed, the price breaks through the resistance level formed by the upper edge of the bowl, which signals the continuation of the uptrend.

How to trade with this pattern?

• Entry point: Open a long position after the breakdown of the resistance level formed by the upper edge of the bowl.

• Stop Loss: Set the stop loss below the handle level or the bottom point of the bowl.

• Target level: Usually calculated as the height of the bowl, deferred from the breakdown point. For example, if the depth of the bowl is 10 , and the breakdown occurs at 10, and the breakdown occurs at 100, the target level will be $110.

For $SOL it’s maybe $3800 is this pattern definitely will work.

Anyway use stop loss when trading cuz market is unpredictable now.

And of course: NFA, DYOR.

Good luck!

Today we will talk abt Solana.

First of all I should say you that you can trade $SOL on Vooi.

$SOL is available on Orderly, KiloEx and SynFutures.

Now let’s look at technical analysis of $SOL chart.

Which pattern can you see here? It’s CUP WITH HANDLE!

And btw it’s a bullish signal.

Do you know what this pattern mean?

The Cup with Handle is a classic graphical technical analysis pattern that is looks like a bullish signal. It's often used to predict the continuation of an uptrend. Name of this pattern was made because of its visual similarity to a bowl and a handle.

What does the "Cup with handle" pattern look like?

Bowl: It is formed in the form of a smooth U-shaped price movement that resembles a bowl. This is a consolidation phase where the price first declines and then gradually recovers.

Handle: After forming the bowl, the price makes a small rollback (usually within 1/3 of the depth of the bowl), forming a "handle". This pullback looks like a small downtrend or a sideways movement.

How does the pattern work?

• Bowl: An accumulation phase where sellers lose control and buyers gradually strengthen their positions.

• Handle: The final correction phase, where weak hands (uncertain traders) exit positions, and strong players continue to accumulate assets.

• Breakdown: After the handle is completed, the price breaks through the resistance level formed by the upper edge of the bowl, which signals the continuation of the uptrend.

How to trade with this pattern?

• Entry point: Open a long position after the breakdown of the resistance level formed by the upper edge of the bowl.

• Stop Loss: Set the stop loss below the handle level or the bottom point of the bowl.

• Target level: Usually calculated as the height of the bowl, deferred from the breakdown point. For example, if the depth of the bowl is 10 , and the breakdown occurs at 10, and the breakdown occurs at 100, the target level will be $110.

For $SOL it’s maybe $3800 is this pattern definitely will work.

Anyway use stop loss when trading cuz market is unpredictable now.

And of course: NFA, DYOR.

Good luck!