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Solana Prepares For Correction (~25% To Start)
Solana
Short
Solana Prepares For Correction (~25% To Start)
By AlanSantana
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Updated
Feb 21, 2022
6
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Nov 16, 2021
Looking at the daily chart for Solana (SOLUSD), a correction is on its way.
We have very high bear volume.
We have indicators trending lower, RSI and MACD.
We have a break below EMA10 and EMA21 (candle closure is needed for confirmation).
These bearish signals are pointing to lower prices.
The relevant support levels are marked on the chart.
Can be 22% to 28% but who knows... It is very early to say for sure.
Namaste.
Nov 26, 2021
Note
There is room for more drop/red.
Feb 21, 2022
Trade closed: target reached
altcoins
Beyond Technical Analysis
crypto
Cryptocurrency
Technical Indicators
SOL
solana
SOLUSD
Trend Analysis
AlanSantana
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