Solana is forming a perfect ascending triangle pattern (Very bullish pattern) and Volume is decreasing wich makes a good confluence with with this pattern formation, meaning i expect accumulation and consolidation in the next days.
All will depend if Bitcoin and mainly traditional market (NASDAQ) will play out this month. Like i said I believe we are are in acumulation phase period giving altcoins like solana an opportunity to bounce or for a relief rally.
This is just a possible scenario it doesn´t mean that is going to happen. Trading is about probabilities not certainties.
All will depend if Bitcoin and mainly traditional market (NASDAQ) will play out this month. Like i said I believe we are are in acumulation phase period giving altcoins like solana an opportunity to bounce or for a relief rally.
This is just a possible scenario it doesn´t mean that is going to happen. Trading is about probabilities not certainties.