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SOL’s Clean Breakout Leaves Popular Trader Extremely Bullish

Published 18/07/2023, 11:36
SOL’s Clean Breakout Leaves Popular Trader Extremely Bullish
SOL/USD
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  • The crypto trader and analyst Blunts revealed in a tweet yesterday that he is bullish on SOL.
  • In the post, Bluntz shared that he is considering going “full blown on SOL.”
  • A major bullish technical flag was on the verge of triggering on SOL’s daily chart at press time.

A popular crypto trader and analyst tweeted yesterday that he is very bullish on Solana (SOL) for the next few months. In the post, a trader that goes by the name Bluntz shared that he is considering going “full blown SOL” for the next few months.

According to him, the altcoin entered into one of the cleanest “upward channel breakouts” that he has ever seen over the past few weeks. The last time the trader witnessed a positive move like this was that of the market leader Bitcoin (BTC) at the start of this year, when the crypto was trading at around $18K.

Daily chart for SOL/USDT (Source: TradingView)

SOL had broken out of a positive price channel on Th…

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