After the market bottom in April Solana has been rising slowly for four months.
Look at this chart here. I am keeping it very simple because I believe simple is best. Where is Solana at now? What happens next?
Solana is trading safely above EMA89 and MA200, notice the dynamics on the chart. These levels were first conquered as resistance back in July and by the 2nd of August these levels were being tested as support, they both held.
SOLUSDT is trading safely above these levels and also a price of $172 which is the 0.382 Fib. extension of the current wave. This is an important zone and the action is happening safely above it.
Solana has room to move around, wiggle around. This is what happens as prices grow. There can be stops and retraces but this does not mean that the rise is over, there is always more.
Solana just conquered the EMA89/MA200 duo-resistance recently, we have not yet seen what is possible now that the trading is happening on the bullish zone. We are due a major advance... The market is consolidating, building up strength to be able to grow long-term.
Namaste.
Look at this chart here. I am keeping it very simple because I believe simple is best. Where is Solana at now? What happens next?
Solana is trading safely above EMA89 and MA200, notice the dynamics on the chart. These levels were first conquered as resistance back in July and by the 2nd of August these levels were being tested as support, they both held.
SOLUSDT is trading safely above these levels and also a price of $172 which is the 0.382 Fib. extension of the current wave. This is an important zone and the action is happening safely above it.
Solana has room to move around, wiggle around. This is what happens as prices grow. There can be stops and retraces but this does not mean that the rise is over, there is always more.
Solana just conquered the EMA89/MA200 duo-resistance recently, we have not yet seen what is possible now that the trading is happening on the bullish zone. We are due a major advance... The market is consolidating, building up strength to be able to grow long-term.
Namaste.
🚨 TOP FREE Trades
ETH +2050% · AAVE +1134%
XRP +749% · DOGS +868%
BTC +580% · SOL +687%
t.me/anandatrades/1350
🚨 FREE Analyses & New Results
t.me/masteranandatrades/6681
🚨 PREMIUM LIFETIME (Since 2017)
lamatrades.com
ETH +2050% · AAVE +1134%
XRP +749% · DOGS +868%
BTC +580% · SOL +687%
t.me/anandatrades/1350
🚨 FREE Analyses & New Results
t.me/masteranandatrades/6681
🚨 PREMIUM LIFETIME (Since 2017)
lamatrades.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🚨 TOP FREE Trades
ETH +2050% · AAVE +1134%
XRP +749% · DOGS +868%
BTC +580% · SOL +687%
t.me/anandatrades/1350
🚨 FREE Analyses & New Results
t.me/masteranandatrades/6681
🚨 PREMIUM LIFETIME (Since 2017)
lamatrades.com
ETH +2050% · AAVE +1134%
XRP +749% · DOGS +868%
BTC +580% · SOL +687%
t.me/anandatrades/1350
🚨 FREE Analyses & New Results
t.me/masteranandatrades/6681
🚨 PREMIUM LIFETIME (Since 2017)
lamatrades.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.