SOL 1D Waiting for the crypto to fall? But Solana can give X up!
Updated
Two months ago, we made a global idea for SOLUSDT, where we warned that another upward impulse is possible, but it will look more like a convulsion than a strong growth.
And so it happened ...
And then the next part of the forecast worked out and the SOLUSD price fell by -67%
Let's try this time to make a forecast similarly.
The May fall stopped at $19, above the liquidity zone, which is a good sign.
When the BTCUSDT price updated the low on June 22, the SOLUSDT price did not repeat this maneuver, that is, theoretically, there is a strong buyer who is ready to contain the fall with his resources, so that investors do not sell out in panic.
The volumes to be bought out are decent, and, accordingly, large resources were used to curb the fall.
And in order to compensate for the costs, it is necessary to further push the price up to and start a strong growth.
Summing up:
- If the buyer does not allow the SOLUSD price to fall below $26.50, then it is worth trying to go long, since a good rally may be organized ahead. The first target is above $79-89, and even above $115-130
- You can start to panic only when the SOL price is pushed below $20. After that, a real price can become $12-13 for the token of the Solana project
_____________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
And so it happened ...
And then the next part of the forecast worked out and the SOLUSD price fell by -67%
Let's try this time to make a forecast similarly.
The May fall stopped at $19, above the liquidity zone, which is a good sign.
When the BTCUSDT price updated the low on June 22, the SOLUSDT price did not repeat this maneuver, that is, theoretically, there is a strong buyer who is ready to contain the fall with his resources, so that investors do not sell out in panic.
The volumes to be bought out are decent, and, accordingly, large resources were used to curb the fall.
And in order to compensate for the costs, it is necessary to further push the price up to and start a strong growth.
Summing up:
- If the buyer does not allow the SOLUSD price to fall below $26.50, then it is worth trying to go long, since a good rally may be organized ahead. The first target is above $79-89, and even above $115-130
- You can start to panic only when the SOL price is pushed below $20. After that, a real price can become $12-13 for the token of the Solana project
_____________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
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🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
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