Solana Bullish · Long-Term Growth Confirmed

Aug 16

After the market bottom in April Solana has been rising slowly for four months.

Look at this chart here. I am keeping it very simple because I believe simple is best. Where is Solana at now? What happens next?

Solana is trading safely above EMA89 and MA200, notice the dynamics on the chart. These levels were first conquered as resistance back in July and by the 2nd of August these levels were being tested as support, they both held.

SOLUSDT is trading safely above these levels and also a price of $172 which is the 0.382 Fib. extension of the current wave. This is an important zone and the action is happening safely above it.

Solana has room to move around, wiggle around. This is what happens as prices grow. There can be stops and retraces but this does not mean that the rise is over, there is always more.

Solana just conquered the EMA89/MA200 duo-resistance recently, we have not yet seen what is possible now that the trading is happening on the bullish zone. We are due a major advance... The market is consolidating, building up strength to be able to grow long-term.

Namaste.

Aug 20

Trade active

Solana Update · The Market Bulls Win, Higher Prices Next


SOLUSDT is trading above two levels of major importance short-term. $172 and $180. With these we can define the market bias in this present moment. If Solana trades above these two, the bulls are in control and prices are likely to rise next. If the action moves below, expect lower prices.

Today's action is full green with Solana moving again in the direction of resistance. It is still early in the current move, lower prices wouldn't be a surprise, the market never moves in a straight line.

What we are seeing is the possibility of an early recovery, the market turning early because we are in a bull market after all, higher highs and higher lows. If we are going to err, we are going to err on the LONG side.

When the market turns it does so fast, there is no time to act or react, only pre-planned actions yield the best results.

The chart is bullish. Solana is trading safely above EMA377 and MA200. There is plenty of room available for additional growth.

Namaste.

Aug 27

Note

Solana's Rising Triangle & $420 Target ($219 Final Barrier)


Solana has been rising slowly for more than four months, soon to be five. On this chart we can see a clear ascending triangle. A bullish consolidation signal. This pattern is looking to reach its conclusion by facing one final resistance point, $219.

SOLUSDT is on a path to hit a new all-time high, the next target being $420 in the short-term. I see the potential for Solana to hit $420 within the next month, 30 days, but it can extend. We are always cautious with time predictions and prepare to wait longer than expected. Timing is variable while the direction is easy to predict and already confirmed. Solana is going up.

This is a friendly reminder and quick update. Resistance continues to weaken; Solana continues to grow. The entire altcoins market is starting to speed up. I am seeing many pairs gaining in bullish momentum and several of our leveraged and futures trades are starting to blow up.

Look at this chart closely. Where is the retrace here? Where is the correction?
"What one does, the rest follows."

Solana has been rising steadily from its base. A rising bottom with a flat top. This is a perfect combination. The level of certainty is very strong. Solana isn't likely to end its bullish cycle at $420, it is likely to go much higher...

Thanks a lot for your continued support.

Namaste.