I am also confused about what problems might arise in SOL. But the technical chart on the daily time frame is indicating that SOL will crash in the coming time and could go below $50. I would be happy in the future if my analysis proves wrong. But if you are long in SOL futures or margin, you should definitely reconsider this once.
SAFE TRADING.. SOL IS NOT SAFU..
Solana and the next climb...
Solana prepares for the next move. Market conditions are more likely to rise. The next move up to the price of around $29...
In the previous analysis, Solana moved as predicted...
SOL made a a new high and now consolidating and getting ready for the new legup.Each rectangle has 3 points where are important, above the mid line , mid line and below the mid line. holding above it is bullish. midline is 50/50, below mid line is leaning towards bearish and more downside.
Cya guys at $29
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...
Update! Update!!
Solana is bullish, more momentum to the upside imminent for new All Time High.
It earlier corrected almost 50%, formed higher lows consecutively
After new daily support , shown at previous resistance is holding strongly, from here it bounced to hit same resistance for the third time in a row.
This is now Cup and Handle pattern on the...
Solana recovering from nosediving after last ATH. It went perfectly down to Golden pocket and bounced nicely off it. Broke sym. triangle
Now it is on the rise again to test previous heights . Where I expect another pullback before making a new ATH
BTC Dominance will play a role in this unless a bullish drop for Solana in terms of partnership.
The flat...
