What can you tell me about Solana?
Are market conditions different now? Should we worry? Are we still bullish?
Is Solana growing or will it crash based on the chart?
Good questions my friend, great questions.
Market conditions stay the same.
The bullish jump 2-March was rejected but the action continues as a higher low compared to 28-February, and Solana is still trading above a long-term support zone. Above support means bullish.
Market conditions are bullish for Solana because support was tested and support holds. Conditions are bullish because after six days of bearish action the market remains strong. There is no bearish volume, no bearish momentum, no bearish force, mute.
If there was a retrace, it is just because the last move was a reactive event. That being the case, the market erased the move and conditions revert back to before the reaction took place. This means that the basics are in place.
The low is, trading above support. Nothing changes, Solana is set to grow.
Corrections, drops, swings, shakeouts and retraces are an opportunity to buy-in, rebuy and reload. Focus on the long-term while you do so. Solana will soon trade above $700 and it can reach $1,000, $2,000 or more. It will be wild, numbers will go off the chart.
I cannot say anymore so we wait, but you will be extremely happy with the results in several months if you decide to buy and hold.
Namaste.
Are market conditions different now? Should we worry? Are we still bullish?
Is Solana growing or will it crash based on the chart?
Good questions my friend, great questions.
Market conditions stay the same.
The bullish jump 2-March was rejected but the action continues as a higher low compared to 28-February, and Solana is still trading above a long-term support zone. Above support means bullish.
Market conditions are bullish for Solana because support was tested and support holds. Conditions are bullish because after six days of bearish action the market remains strong. There is no bearish volume, no bearish momentum, no bearish force, mute.
If there was a retrace, it is just because the last move was a reactive event. That being the case, the market erased the move and conditions revert back to before the reaction took place. This means that the basics are in place.
The low is, trading above support. Nothing changes, Solana is set to grow.
Corrections, drops, swings, shakeouts and retraces are an opportunity to buy-in, rebuy and reload. Focus on the long-term while you do so. Solana will soon trade above $700 and it can reach $1,000, $2,000 or more. It will be wild, numbers will go off the chart.
I cannot say anymore so we wait, but you will be extremely happy with the results in several months if you decide to buy and hold.
Namaste.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🚨 Long-term Success & Freedom Available Now! (Avoid Mistakes) —PREMIUM Channels 👉 lamatrades.com (Since 2017)
🥇 9999% Results
t.me/alansantana1111/5935
t.me/anandatrades/971
🏆 FREE Trade-Numbers
anandatrades.com
🥇 9999% Results
t.me/alansantana1111/5935
t.me/anandatrades/971
🏆 FREE Trade-Numbers
anandatrades.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.