Short

Solana analysis

Updated

It is about reading the price pattern and the result of the indicators.
I will only share with you what the result of the analysis shows.

This could be wrong. MD

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bonk is also one of the coins under solana.
What does solana do when the meme coins drop?

Trade closed: target reached

Let's see what happens

Trade closed: stop reached

do you know that the volume on the market cap and the price of the coin is significantly different? My only explanation is that there are more coins in the market than in the previous pump. Market cap was ath on today's big chart pump.

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did you watch the bonk analysis?
this is a drop analysis yes, but it does not mean that there cannot be green.
since the bonk is under the sol coin, it is possible that something similar can come to the solana coin as well ;) HODL bullish I am not today just in case

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solana rise to 165 doesn't make me ULTRA BULLISH. I expect the situation to change only if the sol can overcome the top of the *SPD wave*

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Bitcoin may have a starting pump in September. then the results of the indicators (adding two macd indicators together) are the same as the previous four. **resistance pump**
This affects the entire market and also the solana pyramid. for this analysis, I assume that if there is a decline, it will be ready at x time in September. but if solana doesn't have it by then? Then it might not happen.
after a month or in the middle of September, the indicators will presumably be ready (5d). 5d red candles for bitcoin can be expected based on this.

it is common that a major macd crossing can create resistance movement, it can also happen in September. ***only macd guess and it can be wrong****

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The macd on the 5d chart with my settings is similar to the macd standard on the 3w chart. 3w is major and they are hard to fool. 3w is the risk of crossing down on bitcoin.
it takes a lot of force to influence them, but then as a result of their influence there can be resistance movement again. it's impossible for me to forecast 100k bitcoin or something like that this year with these indicators.
If bitcoin is not able to pump strongly, I don't think sol will do anything else.
btc 100k can come but I don't think this year considering many details.
It's all systematic guesswork from major indicators that are hard to fool. but of course something can always be wrong but it can be the truth.
+sol has done 1-5 and the porn after that is difficult for solan to define as a correction, but I don't know, maybe it's a correction, but it's very weird

I wait for the btc crosses and then wait for a potential resistance rise

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I've had at least 3 analysis results that show sept and oct bullish with *BS*. sol will probably be affected.
but novem and december... no comment.
BS is fresh, it will cool down on them soon, but after that 50%+ on them is acceptable. but for the sol coin, I don't know. sol stays high and I won't buy it, but I'll watch from the sidelines out of interest

Trade closed: target reached

I don't believe in Solana magic this year, because there is a risk that if September and October are green, November and December will be blood and will destroy the result of September and October.
Red a green b and red c or vice versa. so the entire btc history can be read on the rsi indicator. + rsi is sliding, I do not predict an ultra pump from such an area. any green can be b point on rsi volume even if btc goes above 74k it may not be for long

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one movement is the most suspicious in this solana area. drop it:)

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$100 in late September, how does that sound? A pyramid remains a pyramid, and a cylinder and a cube are naivety.
What if it's not late September 100$ then it will be later and this year.

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The end of Solana? maybe

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I did a comparison of *Psychology of a market cycle* after i did this sol analysis and I see that it makes a good support for my analysis.

I tried to compare the previous movement with today's situation as well and the movement between the light blue lines may be the same. Volume can be drastically different, but I mean market psychology and elliot wave strategy.

On the basis of this, a panic decline is coming. and I'm not surprised, I've had the same panic assumption with other coins.

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i read a bro on reddit who invested 40k in x coin in solana ecosystem and had 2 million when it pumped and hoped it would pump 10 million.
Waiting for the naive hope of 10m, he sold the coins for $700. he had fucking 2 million,,, but he sold it for $700(-39300loss). we call it greed.
don't expect a miracle i want to say today for this solana coin

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indicators are favorable to create more decline

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the assumption of bitcoin is -30% from October and the result may come in the next three months. I believe that -10% can easily be added to this solana scam.
-40%.

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Nothing special has changed in the bear analysis. As long as it stays below the OSD wave(200), the decline is valid👍

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A pleasant surprise. A strong sell signal leading to more declines.

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Minimum -30% in the next two months

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it seems that it can still do this point c.
will the -30% or more start from november? let's see

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MoralDisciple

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