Solana
Solana may reach $38 if rates are hiked by less than 0.75%.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. This election is crucial for the current government to secure a majority in the US Senate.
SOLANA- Just thinking out loud.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 >> Price capitulation, and this scenario might be a combination of both.
More than 90% of the participants will leave. Even the strong believers would be flushed out.
I can go on and on, but chart>>words.
This, if it plays out, will bring a great opportunity to the faithful. The whole world is trying to shut Crypto down.
But the cat is out of the box, and we had a lot of attention this cycle.
Solana in particular, has matured quite well in such a short span.
I will be buying all the SOLANA I can below $20, If we get.
All you got to do is stay.
See you on the other side!
~ZER0
Solana is Ultra Pro Max Bearish Short the $SOL
Solana is going to Zero you can Short it till Zero
Max Leverage recommend is 5X
Solana long term viewHere 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 investment perspective. Incidentally, most other cryptos too show same ABC correction and chances are most of them will turn together with possibly BITSTAMP:BTCUSD turning up a little sooner than the rest.
SHORT BTC AND RECOVER YOUR CRYPTO LOSSBTC might see a strong sell-off and you can make a profit from this fall
REASONS -
1 breakout of a descending triangle and taking a retest
2 facing good resistance which is also supported by the volumes
3 overall the market sentiment is weak and tomorrow the fed will announce the rate hike
PROFIT the profit could be booked when it takes the support of the trendline
SOLANAFinal puke across all the crypto market is due IMO, various factors pointing there, lets not get into the details.
While the whole market is screaming "Cheap" "bottom" "All-in", be aware of this scenario as this holds a very good probability.
Solana to $25s while $BTC at low $20k is what I see.
Might be wrong, NFA.
Solana is ETH2.0, Always has been.There is a decent chance we might be here
We are in the process of bottoming yes, but when shit hits the fan this hard, this often can be that process.
NFA. Wud love it, if this post marks the bottom across the board. Never go full redard #SOL #ETH
I am saving my dry powder.
Trading Signal For SOLUSDT SolanaTrading Setup:
A Trading Signal is seen in the SOLUSDT Solana.
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 30.11
⭕️SL @ 27.15
🔵TP1 @ 37.60
🔵TP2 @ 44.65
🔵TP3 @ 58.65
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
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