๐Today, I want to analyze the Solana(SOL) project for you. Is it possible to create a New All-Time High(ATH) or notโ๏ธโ
๐คPlease be with me.
โSolana(SOL) was unsuccessful in the first Attack on the ๐ดResistance zone($259.9-$196.40)๐ด to create a new All-Time High(ATH).
๐In terms of Elliott wave theory,Solana(SOL) seems to have completed the main wave 3 at the Resistance zone and is currently completing the main wave 4.
๐กBefore the result, let's look at the SOLBTC chart.
๐กSOLBTC is moving near the Resistance line and Potential Reversal Zone(PRZ). I expect SOLBTC to fall at least to the Support line, and if SOLUSDT is also bearish, the downward momentum can increase.๐
๐I expect the main wave 4 to finish at the ๐กPotential Reversal Zone(PRZ)๐ก or ๐ขSupport zone($82.00-$56.10)๐ข.
โ๏ธโ ๏ธNoteโ ๏ธโ๏ธ: An important point you should always remember is capital management and lack of greed.
Solana Analyze ( SOLUSDT ), Daily time frame โฐ.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the โ ' like'โ button ๐๐ & Share it with your friends; thanks, and Trade safe.
์กํฐ๋ธ ํธ๋ ์ด๋
๋ ธํธ
The break of the Rising Wedge Pattern's lower line can be a sign of a further fall of Solana.
๋ ธํธ
If SOL goes above $157.3, it is more likely to rise. But I still expect SOL to drop.
๊ฑฐ๋์ฒญ์ฐ: ํ๊ฒ ๋ฟ์
โ SOL was able to move as I expected โ
I closed my position, and if I find another trigger, I will open a Short position.
์กํฐ๋ธ ํธ๋ ์ด๋
I opened another position
๋ ธํธ
I think the SOL is starting to fall again from one of the ๐กPRZs๐ก. The first target is the ๐ขsupport zone๐ข.