You can short here it will go something around 17 dollars and then it will bounce back.
It can dip to 14 dollar which is good price to buy long but it will take around 2 week to go there, You can short here with minimal margin.
Here solana took support from important support and then move upward. Now after hitting resistance or may it will break just to trap people but you need to wait for another bounce at 14.589 something. Instead of marginal trading, I will suggest put normal money and wait for 1 year to get 10x returns.
Are you guys ready for the final breakdown? Its gonna feel the most brutal of all and many final believers will be pushed out. I know I am speaking in certainties, but I gave it a good chance to show it's bullishness, but it failed. I have good confidence and reasons to believe that this has a GREAT amount of odds of playing out! Stay wise, prepare for the...
Prefer small leverage, good for swing traders PS;- its a prediction, Use your own analysis and trade at your own risk.
AT 1 hour timeframe, divergence happened but don't buy in fomo Wait for target and then short it.
This complete chart was explained inside our CITA platform for upcoming potential move into SOLANABTC pair.
This chart explained in details inside our CITA Investment journey, which suggest important support & resistance line on USD pair.
On 4 hour time frame, bear is activated. It will break the trend line and touch the point 1 and then hit point 2.
It is moving inside its trend line and is also following well wherein the market price seems to be coming down which may move above the earlier support zone and trendline support.
Solana may cross $34 and reach $38 if interest rates are hiked by 0.75% or lower. This low rate hike seems to be the probable case because of upcoming mid term elections. The Democrats in the USA are sitting on wafer thin majority in the Senate where out of 100 seats, Republicans own 50, Democrats own 48, the independents who are supporting democrats own 2 seats....
Cryptocurrencies are still in a downtrend with SOLANA looking very weak structure wise, If there is a breakdown, I don't think these prices will ever come back again. ITS TIME TO EXIT. Period.!! Rest you can consult other analysts!!
Given the macro conditions, it feels possible that there's gonna be a rather long cooldown on everything, even after the bleeding stops. A deep cleansing on everything is the need of the moment. If this is to play out, then it might take us 6-7 months to come back to the prices we recently broke down from. That feels like hell, trust me. Time capitulation >>...
Short the $SOL Solana is going to Zero you can Short it till Zero Max Leverage recommend is 5X
Short the $SOL Solana is going to Zero you can Short it till Zero Max Leverage recommended is 5X Follow for more updates
SOL has more to dump after breaking the significant support next levels to watch below are 26.1 - 24 - 20.75.
Here is monthly chart of FTX:SOLUSD . It shows clear 5 wave impulse followed by ABC correction that is still not complete. Once we get a positive monthly close then we can expect the next 5 waves impulse on the upside that the size of it should be at least same as the upmove of previous 5 impulse waves (1-2-3-4-5). It's a wait and watch game from long term...
Cardano broke out of its crucial resistance with good volume then next time whenever it comes to the resistance buy because support acts as resistance