We had a great last call on SOL, 77-82 range was indeed a buy the dip opportunity. The price recovered well from there, but I am expecting at least one retest of the 100 SMA (currently at 92.7) or the 50 SMA (ca. 90) before exploding higher.
Solana is breaking towards $26. Can we break the trend?
News from today: BlackRock stated today that crypto is the digital gold. Is Solana a potential investment?
And please note that this is not financial advice
Solana completed five primary waves up, from $22 to $215$, with the fifth primary wave being the extended one. When it is the case, Robert Pretcher says the price tend to correct to the bottom of the second secondary wave (see orange line level). From the peak of $215 to a local bottom of $135, Solana finished a primary wave A. Price bounced from $135 to $170 as a...
Quick update on SOL. When everything is dipping and SOL is Pumping it means only 1 Thing. When BTC will pump back SOL will M00n.
BTC have a small Market Dominance Right now so every BTC pumps will be more bargains on alts.
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Trading Parts :
- Buy Zone now 50$
- Rebuy Zone 45$ (Strong Buy there)
-...
![SOLUSD: [UPDATE SOL] I'm ready.](https://s3.tradingview.com/s/S1R9d4TO_mid.png "[UPDATE SOL] I'm ready.")
