Im showing you my personal prediction for solana/eur.
As BTC and ETH strungle to gain more power in short term, solana is looking weak too.
I suspect solana falling to 132€ level as there was previous support and fibbonaci level.
After that there are two options
1. market will be really bearish and...
Hi guys, Im Fazol.
Solana got back on high prices, if she will maintain support on cca 200-195€ level she will look really bullish.
First price target will be ofc ATH and then cca 260€ level (+-5€) as we see from fibbonacci and raising pattern.
Our enemy could be scared market and unstable bitcoin.
I hope this will help. This is only my analysis. I don´t know...
guys please comment on my idea. is this a legit analysis or not. feel free to correct on an orderly manner. just trying to improve my trading skills and knowledge!
in my perspective i see that there is a possibility of forming a bearish crab pattern.
whitin the crab pattern we can see there is an ascending elliot wave forming what can be seen as an indicator the...
Explaining my thoughts.
solana has failed to brake the the 3 times confirmen uptrend, by marking it with a 4th time. the 4th cinfirmed poing hapens to be an new ATH
after creating a new ATH sol has created als a new ATH trens that is less agresive.
meanwhile all the hightes low point are conectes with a triangle giving a small layer of security.
so based on past...
Potential handle forming for Solana BINANCE:SOLEUR BINANCE:SOLUSD for continuation of bull trend.
Potential profit 30% if price breaks above handle downtrend.
Let's hear you thoughts in the comments.
And like if you appreciate the post.
Solana has formed a bullish divergence and I expect it to break above down trend very soon and meet higher prices.
As always confirmation is key. Wait for candle close above down trend-line (the big long one) and quite possibly a retest to it too.
Sell targets are market in red areas which are the areas I expect to see resistance and...