By analyzing the Solana chart on the daily timeframe, we can see that, as expected, the price started a correction and entered the $220 demand zone. After that, some buying pressure appeared, and SOL is now trading around $220.5.
If the price can hold above this level, we can expect the start of the next bullish wave. The possible upside targets are $230, $242, $254, and $262.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
If the price can hold above this level, we can expect the start of the next bullish wave. The possible upside targets are $230, $242, $254, and $262.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Trade active
By analyzing the Solana chart on the daily timeframe, we can see that the price is trading around $215. Today it corrected down to $212, and I expect that if the price can hold above $218, Solana could soon start moving higher toward new targets.The possible mid-term targets are $230, $242, $254, and $262.
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⚜️ Free TG Channel : t.me/PriceAction_ICT
✅ Trade directly on TradingView with Opo 👉 bit.ly/4nw4Dzz
TradingView x WhiteBIT x Tether joint activity,where traders can receive up to 30% of their fees back. More : bit.ly/3MyeSqk
✅ Trade directly on TradingView with Opo 👉 bit.ly/4nw4Dzz
TradingView x WhiteBIT x Tether joint activity,where traders can receive up to 30% of their fees back. More : bit.ly/3MyeSqk
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.