- While many of others altcoins struggled to a -75%+ while the King was falling and struggling, Solana dipped around 25$ ( -50% ). - While others dipped on down under EMA200, Solana Took support on this EMA - While i saw Theking make some small bounces trying to back on track, i saw Solana brutally raging. - Of Course everything is depending on TheKing, When...
Expecting BTC To make a bounce from the bottom of the wedge as discussed earlier... so Solana should follow BTC As well after meeting the liquidity support area...
On the SOL chart, we can see that the price has approached the $36 level several times, and at the moment it has failed to close higher. If the price continues to squeeze and trade near this level, it could mean that the price is very likely to break this level. And a good entry point could be when it breaks and tests the level as support with the targets noted...
Update on Solana! After a big drop of 40%, Solana is trying to return to the value area noted above. So far it did not manage to test this area, but if it makes higher highs, tests the sell zone and the volume rises, it could be a good point to open a short position with the target indicated below! Write in the comments all your questions and instrument analysis...
Solana ecosystem will need to make some bumps to keep market attentions. And seems RAY is ready to coming back on the race. A break out is expected by end of this week then the bullish will follow. FTX:RAYUSD
After this china fud dip auto-repeat, it's time to go shopping. no danger no glory like they said. Solana ecosystem is a monster. ----------------------------------------------------------------------------- Trading Parts : ----------------------------------------------------------------------------- - Buy Zone : 29-30$ (not all in!) - Rebuy Zone : 25.15$ -...
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. ------------------------------------------------------------------- Trading Parts : - Buy Zone now 50$ - Rebuy Zone 45$ (Strong Buy there) -...