Solana looks perfect right now. It is a process. It has been going for a while. And it truly looks perfect right now.
What to think; what to do; what do expect?
Can the impossible really happen?
Is there any possibility, even if only a small one, that the Cryptocurrency market starts to grow?
We've been looking at SOL many times in the past month. Market conditions continue to improve with each passing day.
Hard to believe, one of the strongest signals comes from the fact that we have a lower low in February '26 compared to April 2025.
It is possible that the bear market bottom is already in:
Price action tends to hover mainly around resistance and support. The whole chart behaviour for most projects and assets across all the financial markets.
Some assets move according to their own nature; in relation to the asset in question, its role in the world.
Crypto is young, a fresh technology, many of these projects still don't have a fully defined role. The trading tends to revolve around resistance and support.
When a support level gets tested, if it holds, the action reverses in order to ponder how the market will act or react at resistance. Kind of setting the true price of the asset in question.
Once support is hit, the market turns. That is why it is ultra-bullish to get a lower low compared to April 2025.
A bullish wave happened when the previous support zone, 0.618 Fib. retracement long-term (blue on the chart), was pierced. SOLUSDT hit a low of $95. Then it peaked at $253.
The next bearish wave went even lower, piercing the 0.786 Fib. and a price of $67.5. And here we make an educated guess.
Market conditions continue to improve overall. If buyers showed up at $95, enough to produce months of growth; won't they show up again at $67?
We will see; but, as a bull, we buy the dip/buy at support. Buy when prices are low.
Solana is trading right above a long-term support level. This a perfect entry zone.
Not a 100% guaranteed win. It doesn't exist. What we get here is low risk vs a high potential for reward.
We have a complete bearish move, an ABC correction. The next move can be an inverted correction or a bullish impulse. Both imply higher in the weeks ahead.
Thank you for reading.
Namaste.
What to think; what to do; what do expect?
Can the impossible really happen?
Is there any possibility, even if only a small one, that the Cryptocurrency market starts to grow?
We've been looking at SOL many times in the past month. Market conditions continue to improve with each passing day.
Hard to believe, one of the strongest signals comes from the fact that we have a lower low in February '26 compared to April 2025.
It is possible that the bear market bottom is already in:
Price action tends to hover mainly around resistance and support. The whole chart behaviour for most projects and assets across all the financial markets.
Some assets move according to their own nature; in relation to the asset in question, its role in the world.
Crypto is young, a fresh technology, many of these projects still don't have a fully defined role. The trading tends to revolve around resistance and support.
When a support level gets tested, if it holds, the action reverses in order to ponder how the market will act or react at resistance. Kind of setting the true price of the asset in question.
Once support is hit, the market turns. That is why it is ultra-bullish to get a lower low compared to April 2025.
A bullish wave happened when the previous support zone, 0.618 Fib. retracement long-term (blue on the chart), was pierced. SOLUSDT hit a low of $95. Then it peaked at $253.
The next bearish wave went even lower, piercing the 0.786 Fib. and a price of $67.5. And here we make an educated guess.
Market conditions continue to improve overall. If buyers showed up at $95, enough to produce months of growth; won't they show up again at $67?
We will see; but, as a bull, we buy the dip/buy at support. Buy when prices are low.
Solana is trading right above a long-term support level. This a perfect entry zone.
Not a 100% guaranteed win. It doesn't exist. What we get here is low risk vs a high potential for reward.
We have a complete bearish move, an ABC correction. The next move can be an inverted correction or a bullish impulse. Both imply higher in the weeks ahead.
Thank you for reading.
Namaste.
Trading Cryptocurrencies can be the hardest undertaking ever without the right trade-numbers, without accurate private-access information. Free is free, but the best always requires sweat, an investment. Since 2017 👇
t.me/masteranandatrades/8778
t.me/masteranandatrades/8778
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.
Trading Cryptocurrencies can be the hardest undertaking ever without the right trade-numbers, without accurate private-access information. Free is free, but the best always requires sweat, an investment. Since 2017 👇
t.me/masteranandatrades/8778
t.me/masteranandatrades/8778
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.