SOL used to have hyped and is now mostly capitulated, big breach of the accumulation range with volume, now retesting the support for a clean S/R flip attempt
SOL/BTC -broke the daily resistance area -it would be healthy if the price pullback -and retest old resistance > flip to new support -upside target #1 is located at 9791s and targe #2 13793s
SOL / BTC is bouncing from the demand zone Possible +10% recover from here
Descending Triangle - Bearish - Direction is down String S/R Zone and Trend Line - Bouncing - Direction is up EMAs positions are bad - Bearish - Direction is down
SOL/BTC It seems to have broken the down trend, stuck within a range, in possible accumulation? Double bottom, possible bullish flag on the 4 hour chart. Low risk buy is 5600 area if it gets there again, easy to cut if closes below. Can wait for the S/R flip of the 7200's area. BTC dominance might be in reversal mode, so take some caution here. If BTC dominance...
SOL is very weak and moving down to 5000sts zone if it can't break the 6250-6300sts zone. Wait at 5000sts and target should be 7000sts Warning : If SOL breaks 6250-6300sts, this analysis will be invalid and need to be updated!
Buy the break above the falling wedge.
Hello everyone welcome to this update. SOL/BTC after the Listing is moving under a Curved channel. i BELIEVE THE BEST RANGE TO BY SOL could be : ENTRY RANGE: 7400 to 7800. TARGETS: Target 1: 9291 Target 2: 11101 Target 3: 12804 Stop Loss : 6903 I believe any two scenarios could play out as shown in the chart. Please hit the the like button if you agree and...
About Solana Founded by former Qualcomm, Intel, and Dropbox engineers in late-2017, Solana is a single-chain, delegated-Proof-of-Stake protocol whose focus is on delivering scalability without sacrificing decentralization or security. Core to Solana's scaling solution is a decentralized clock titled Proof-of-History (PoH), built to solve the problem of time in...
SOL/BTC -still within the bullish descending channel -50MA still acting as dynamic resistance zone -if current price levels hold, we could expect a bounce -if trendline resistance is broken, upside target is up to 11800 sats -no stoploss yet until a clear uptrend