CRYPTOCAP:SOL
Solana has just touched an important Fibonacci level that may signal the start of a bull market.
The Fibonacci trend, which concludes launch price, ath, and atl, may signal the start of a new cycle. While currently being rejected, these are the levels to watch out for.
Fib Trend: 63.800 USDT
Expecting Solana to settle around these levels that...
AKRO forming a (mega) bullish channel.
Bounced off to the upside from 0.382 FIB, moved its way towards almost 0.618 FIB, right where the resistance is starting to be notable.
If 0.0709 is rejected in the upcoming 30/90 minutes, I'm expecting a retest to 0.065 cents following by a potential 0.06 cents.
Otherwise; enjoy the ride.
Upcoming 5 days may become even...
As I'm quite new to bull markets, these movements have surprised me several times.
In this TA I'm looking for potential breakouts, to the upside as well as to the downside .
While I'm a bit bearish on REEF due to the lack of major updates from the project, I'd like to stay neutral, looking at the current chart.
Perhaps my personal expectations for REEF were...
Currently, $REEF is trading on the trend line. Two scenarios in this TA.
TBA; REEF staking baskets. - January / February
Bullish Scenario
Rule; Sell pressure should be less after finishing Binance Farming, REEF staking baskets are live and working;
Looking for a swing back to 0.026 USDT
Bearish Scenario
Rule; Volume declines, REEF staking baskets...
Looking for a bounce to 259 - 260, to remain neutral.
Bullish if breakout to 276 - 277, and closes on 12hr
Bearish as long as we continue to stay below 259 - 260
Looking for a drop all the way down to 220ish regions with stops in between (245 and 236)
Blue line is what I believe to be the trendline.
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My last TA worked out well for me. , but I'm new to...
Looking for a short term retest to ~269 - 272 region today.
To the downside looking at 240 - 243 regions, and expecting further downside.
To the upside, if 269-272 holds, looking for a retest to the 280 regions.
