ðToday, I want to analyze the Solana(SOL) project for you. Is it possible to create a New All-Time High(ATH) or notâïļâ
ðĪPlease be with me.
âSolana(SOL) was unsuccessful in the first Attack on the ðīResistance zone($259.9-$196.40)ðī to create a new All-Time High(ATH).
ðIn terms of Elliott wave theory, Solana(SOL) seems to have completed the main wave 3 at the Resistance zone and is currently completing the main wave 4.
ðĄBefore the result, let's look at the SOLBTC chart.
ðĄSOLBTC is moving near the Resistance line and Potential Reversal Zone(PRZ). I expect SOLBTC to fall at least to the Support line, and if SOLUSDT is also bearish, the downward momentum can increase.ð
ðI expect the main wave 4 to finish at the ðĄPotential Reversal Zone(PRZ)ðĄ or ðĒSupport zone($82.00-$56.10)ðĒ.
âïļâ ïļNoteâ ïļâïļ: An important point you should always remember is capital management and lack of greed.
Solana Analyze ( SOLUSDT ), Daily time frame â°.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the â ' like'â button ðð & Share it with your friends; thanks, and Trade safe.
ðĪPlease be with me.
âSolana(SOL) was unsuccessful in the first Attack on the ðīResistance zone($259.9-$196.40)ðī to create a new All-Time High(ATH).
ðIn terms of Elliott wave theory, Solana(SOL) seems to have completed the main wave 3 at the Resistance zone and is currently completing the main wave 4.
ðĄBefore the result, let's look at the SOLBTC chart.
ðĄSOLBTC is moving near the Resistance line and Potential Reversal Zone(PRZ). I expect SOLBTC to fall at least to the Support line, and if SOLUSDT is also bearish, the downward momentum can increase.ð
ðI expect the main wave 4 to finish at the ðĄPotential Reversal Zone(PRZ)ðĄ or ðĒSupport zone($82.00-$56.10)ðĒ.
âïļâ ïļNoteâ ïļâïļ: An important point you should always remember is capital management and lack of greed.
Solana Analyze ( SOLUSDT ), Daily time frame â°.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the â ' like'â button ðð & Share it with your friends; thanks, and Trade safe.
āļāļēāļĢāļāļ·āđāļāļāļēāļĒāļĒāļąāļāļāļāļāļģāđāļāļīāļāļāļĒāļđāđ
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
The break of the Rising Wedge Pattern's lower line can be a sign of a further fall of Solana.
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
But I still expect SOL to drop.
If SOL goes above $157.3, it is more likely to rise.
But I still expect SOL to drop.
āļāļīāļāļāļēāļĢāđāļāļĢāļ: āļāļķāļāđāļāđāļēāļŦāļĄāļēāļĒāļāļēāļĢāļāļģāļāļģāđāļĢ:
â SOL was able to move as I expected â
I closed my position, and if I find another trigger, I will open a Short position.
â SOL was able to move as I expected â
I closed my position, and if I find another trigger, I will open a Short position.
āļāļēāļĢāļāļ·āđāļāļāļēāļĒāļĒāļąāļāļāļāļāļģāđāļāļīāļāļāļĒāļđāđ:
I opened another position
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
I think the SOL is starting to fall again from one of the ðĄPRZsðĄ. The first target is the ðĒsupport zoneðĒ.
āļāļīāļāļāļēāļĢāđāļāļĢāļ: āļāļķāļāđāļāđāļēāļŦāļĄāļēāļĒāļāļēāļĢāļāļģāļāļģāđāļĢ
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