Solana The Monster
Updated
- While many of others altcoins struggled to a -75%+ while the King was falling and struggling, Solana dipped around 25$ ( -50% ).
- While others dipped on down under EMA200, Solana Took support on this EMA
- While i saw Theking make some small bounces trying to back on track, i saw Solana brutally raging.
- Of Course everything is depending on TheKing, When TheKing down altcoins are crying and die like snow under the sun, but when Theking back stronger, they shine like new stars in the galaxy.
- if you notice most of my analyses, i focused many times on Solana and Polkadot, why ? because they are ECOSYSTEMS, no matter if some coins will die with some scammy project, Ecosystems are here to stay. Solana is fast and Polkadot is huge.
Solana looks like a Nervous Formula1 waiting on Starting Blocks, and when they will release the beast, nothing will stop it.
Final conservative : TP 150$ ( +361.8% Fibo )
i will link here some of my most interesting olders SOL analyses.
Happy Tr4Ding!
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Analyse with the Dip :
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Global First Analyse :
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i kept on graph my "Old TP" analyses to show how Solana stayed strong.Comment
notice the perfect stop and retrace from 161.8%. Can conclude that the Real Bottom now is 20$.Comment
100$. Solana reached 3 digits!Comment
one of my first Solana analyse to come back in the past :
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i didn't name this post " Solana the Monster " For nothing.exponential move! Solana destroyed 261.8% Fibo !
Trade closed: target reached
150$ Reached. Don't be greeedy if u entered this trade at the good time. SOL is a beast but remember everything goes up have to go down, Fibonnacci rule.
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