- Did you notice that after the last run i stopped posting about Solana ? so here the reasons.
- if you followed all my Solana older analyses, normally you are rich already and no need to trade anymore, so maybe you are still trading for fun ^^.
Remember how violent was Solana Train, Brutal, raging like a formula 1 in starting blocks. But.....when a project makes...
- While many of others altcoins struggled to a -75%+ while the King was falling and struggling, Solana dipped around 25$ ( -50% ).
- While others dipped on down under EMA200, Solana Took support on this EMA
- While i saw Theking make some small bounces trying to back on track, i saw Solana brutally raging.
- Of Course everything is depending on TheKing, When...
SOLETH graph made so bull filling for all the crypto till 2022
I think it will keep under redline in next future
But fib is showing that 1/5 of ETH for SOL is already in code, in a market, in technology, in psychology of us.)
TA On SOL 1H TF (Extended)
it formed a lower high, however, it is not considered enough imo that it's the end of its rally.
That being said, the golden ratio is super important for further upside
the major support zone had a previous supply and demand action with sell off along with buying power (yellow dots confirming supply and demand previous action)...
Solana Update 21/09/21: Potential Corrective Move back to $99. See previous analysis below. Happy trading :)
Just over six days ago Solana was just 5% from the $150 price target forecasted at the beginning of the year. Within the last three days, Solana has gained over 49% in value, hitting our target at the 161.80% fibonacci level. From a quantitative, technical...
A strong trend line has formed on the SOl chart on the higher timeframes. At the same time, the price has broken it, but there is no strong buyer reaction. If price tests the trend line as support, it could be a good buying opportunity with little risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the...
Solana has many events happening for itself in the upcoming months. I will go through them in my own channel.
But in my Own, zooming out on the daily candle and with the help fibbo and parallel lines channel, we can expect to see Solana touching $250 very soon.
You can confirm this TA on SOLBTC chart as well.
As you know Cryptocurrency is Train and Bitcoin is engine of that train, as it moves all other altcoin move accordingly.
Sol was trading between 127(support) and 151(resistance), 20MA is above 50MA and it’s approaching to cross 200MA which shows sign of strong uptrend.
Without doing retest price is moved up is good sign of further up movement and now it should...