Fellow Solana Investors, ๐๐ฐ please drop your thoughts on my analysis ๐ง ๐ฌ.
I've been tracking Solana's price ๐๐, and on the Weekly chart ๐ , SOL is showing a bullish setup ๐ with confluence between the RSI/RSI-MA14 and MACD crossing the Signal Line โ๏ธ๐ (above the histogram, which is a bullish signal ๐).
Additionally, Solana's price movements ๐๐ seem to reflect patterns from previous bullish and bearish market cycles ๐๐๐ over the past year. The current price action and indicators ๐ appear to suggest a potential breakout of the top resistance trendline โฌ๏ธ๐.
To me, this signals an upcoming bull run ๐๐ฅ, especially if it breaks that trendline, which could lead to a new leg up ๐ and possibly a new All-Time High (ATH) ๐๐ for Solana.
I donโt track Bitcoin as closely ๐ง, but it's also nearing a breakout of its own top trendline ๐ฅ๐. Since Solana tends to follow Bitcoin's price action pretty well ๐ชโก๏ธ, this could further support a bullish case for SOL ๐ช๐.#BinanceLaunchpoolHMSTR #BTCPredictedNewATH #BTCReboundsAfterFOMC #CATIonBinance #NeiroOnBinance