CryptonKidd

SOLANA Bullish Week Ahead, Ahoy! 🚀

Long
BINANCE:SOLUSDT   SOL / TetherUS
SOLUSDT | Weekly:

FUNDAMENTALS:
Solana is a public blockchain platform. It achieves consensus using the proof of stake mechanism. Its internal cryptocurrency is SOL. In 2021, Bloomberg journalist Joanna Ossinger described Solana as "a potential long-term rival for Ethereum", citing superior transaction speeds and lower associated costs

Solana is a high-performance blockchain supporting builders around the world creating crypto apps that scale today


TA:
Pay close attention
** Second 20 MA pullback since 19th July 2021, when $SOL price was at $22-$24
** Ultimate Fibonacci reversal level hit
** RSI divergence in progress
** SFP move expected for RSI before bullish week resumes
** BTC price swing low may only bring SOL near POC at $154 if that happens

Bullish week ahead ahead! Ahoy!!


Follow 🚶 @CryptonKidd for daily analysis.
Share with friends if you like this idea

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.