Solana just like Rune saw impressive bull run in the past year.
Market is currently under heavy correction however Solana seems to be holding best against many other Defi coins but for how long?
Check the video for my overall thoughts on macro price structure.
Solana price action is currently looking weak specially when we observe the declining volumes.
It's currently sitting right under a important resistance range.There not are good place to place new longs.
Remember that everything is probability and we need to look for places where odds and risk-reward is more favorable.
In the video I walk through some technical...
*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should...
Use of Phoenix Ascending indicators and Bad Ass Bollinger Bands (publicly available) to provide TA for SOLUSD using the near term group of TFs (1D, 2D, 3D, 4D) as a compass and the short term group of TFs (90 min, 3H, 6H, 12H) for more precise exit and entry. There is potential for higher highs in many of these TFs. My technical analysis is based on those of David...
