WHATS UP GUYS!
Solana was one of those coins that, with a strong foundation behind it, could grow from $ 1.5 to about $ 250 by 2021( ๐16566 %). We could not ride the Sky Rocket from the beginning, but according to the previous analysis, we made a relatively good profit from the final wave. and In the last analysis that I posted a Long signal for SOLANA , it was be able to rise and reach my second tp and even went beyond ( > 500 % long (1X) ๐ฏ๐ฐ ).
So today we can see the pair of SOLUSDT in the Daily timeframe that has entered a strong bearish phase same as bitcoin ,ETH and other altcoins , and I expect more decline in the Mid-term or long-term !
but it doesn't mean we cant see any rise in the short term for sol/usdt , so today it reached a strong support zone thus it can start to rise from here and reach the higher EMAs or upper band of descending channel or even reach the higher resistance zone , but in this case I consider it as a pullback to higher key levels in this current situation and then it'll fall again.
so we cant predict the bottom of the sol for now , it maybe the support zone and start the next rally from there or maybe the lower support lines and it will fall more and chase the bars patterns as you can see !
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๐This analysis is my personal opinion ,not a financial advice ,so do your own research.
๐ if you're a fan of my analyses PLZ follow me and give a big thumbs ๐ OR drop comment ๐ฏ๐ญ
Solana was one of those coins that, with a strong foundation behind it, could grow from $ 1.5 to about $ 250 by 2021( ๐16566 %). We could not ride the Sky Rocket from the beginning, but according to the previous analysis, we made a relatively good profit from the final wave. and In the last analysis that I posted a Long signal for SOLANA , it was be able to rise and reach my second tp and even went beyond ( > 500 % long (1X) ๐ฏ๐ฐ ).
So today we can see the pair of SOLUSDT in the Daily timeframe that has entered a strong bearish phase same as bitcoin ,ETH and other altcoins , and I expect more decline in the Mid-term or long-term !
but it doesn't mean we cant see any rise in the short term for sol/usdt , so today it reached a strong support zone thus it can start to rise from here and reach the higher EMAs or upper band of descending channel or even reach the higher resistance zone , but in this case I consider it as a pullback to higher key levels in this current situation and then it'll fall again.
so we cant predict the bottom of the sol for now , it maybe the support zone and start the next rally from there or maybe the lower support lines and it will fall more and chase the bars patterns as you can see !
--------------------------------------------------------------------------------------------------------------------
๐This analysis is my personal opinion ,not a financial advice ,so do your own research.
๐ if you're a fan of my analyses PLZ follow me and give a big thumbs ๐ OR drop comment ๐ฏ๐ญ
