$SOL Price is in an uptrend but after reaching $200 resistance, it got very overbought (RSI ~ 85). Hence, near-term, we’re likely to see it pause here on some profit taking. We would patiently wait for a pullback opportunity for a swing trade entry in Uptrend. (set a price alert). Trend: Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish but extremely overbought. ( MACD Line is above MACD Signal Line). RSI is bullish (> 55) but extremely overbought (> 80) which
Trade setup: Bullish break above $125 resistance, where it got rejected in late Dec 2023, signals continuation of Uptrend with +12% upside potential to $140 near-term and +28% to $158 mid-term. Stop Loss (SL) at $115. (set a price alert).
Trend: Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish ( MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance Nearest Support Zone is $100 (previous resistance
BlackRock's recent moves in the cryptocurrency market, as the investment giant withdrew 11,500 $BTC from the supply within just two days. The approach of buying the dip reflects confidence in the value of Bitcoin. BlackRock's acquisition removed 11,500 BTC from the system in just two days, equivalent to roughly 13 days of the usual daily supply. The impact of BlackRock's iShares Bitcoin Trust (IBIT) was scrutinized. Despite managing only 25% of the volume over two days, when factoring in the in
Google bard prediction for Solana in 2024: Analysts expect the price to continue to increase throughout 2024, reaching a high of $244.72. by the end of the year. 📈 Of course, it is important to keep in mind that the cryptocurrency market is very volatile. The price of SOL could be affected by a number of factors, including economic, political, and technological factors. However, based on current trends, I believe that Solana has good growth potential in 2024. Here are some specific factors that
As you can see in the graph, the lines are about to cross. $SOL is moving from the sales area to a new buying area.📈 Take advantage before it's too late! It's time for Solana! 🚀
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$SOL Now it’s consolidating in a Bullish Flag pattern 📈. Whith an important support zone near $85. Swing Traders: can trade between the Flag trendlines, enter near $80-$85 support and exit near $100 resistance. Stop Loss (SL) level at $75. ⚠️ Trend Traders: wait for a breakout from the Flag pattern, above $105, with upside potential back to $125 medium-term. (set a price alert). 🔝