Solana is still outperforming other cryptos and has a lot of potential for the price to go ATH. It has completed wave iii and has been heading towards wave iv. The wave iv is a 38% fib ratio of a wave iii and the next likely target is around $59.
Short term price movement: The next price target for this huge crypto project is around $1925 which is almost the 50% of the fib ratio. If the price hit that target and bears sentiment still continue then the second target is around $1795, a 61.8% of a fib ratio.
It almost broke out with a nice volume. The symmetrical pattern has already formed where ABCD waves has completed. The last leg E has to go further down to a level of around $0.75-$0.69 from where the next rally begins. The price has supported 200ma and 50ma. One of the good reason for the upside trend. This is my only prediction. Not for trade. DYOR
Solana has a very impressive impulsive move. The price has to correct with the wave 4 of a smaller degree and then will continue to complete the move with the wave 5 that means wave iii of a larger degree. The price didn't break the high of $78 where bears are pushing the price down. The next support level would be around $51.
Huge rejection indicate that the bulls are facing a failure to breakout the upper resistance. Wave B has completed with retracement of all the wave A. The wave B has retraced about 123% of wave A. That means wave C might not retrace the whole of wave B. If it does that the pattern would be irregular flat. wave C always ends with an impulse in a flat pattern. A...
The price has ease down from its strong resistance level of 0.45. It has reached three times to the upper trend line to break but eventually it fell off. The next support might be the lower trend line where the price must come to fill the runaway gap.
After completing diagonal pattern of wave 1, the price is likely to get into correction forming wave 2. I am hoping that the price pattern- H&S will form with the wave A and wave B. Then the price tends to move towards the fib ratio of 0.618.
the price movement is very impulsive. It has completed the wave 3 of a smaller degree which is now correction in terms of wave 4. If the price move according to this analysis , then the next price target would be $13.50. Wave 4 is hovering just around the 200ma indicating that the price is go flat for a while. The next resistance to break is the high of the...
The impulse wave has completed and now forming wave ABC. Wace c has to be an impulse wave because the wave B has retraced nearly to the start of the wave A. The correction pattern is a (335) Flat wave where 5 is a wave C. The next price target of wave c is at 1.45.
Impulsive Wave A and wave B completed with a triangle. The next leg to the upward swing is a wave C. If the price has broken above the resistance, then the pattern would form as an impulse wave. This currency pair is seeming to be a bullish as it has been accompanied by high volume with RSI and MACD is also positive.
The following market is an uptrend that how the trend line shows. After correction to a wave (iv), the price is ready to go to form an (v) impulse wave. If the price has broken out from that resistance zone of 96.117, then we go for long.
-Bearish trend -Double correction pattern with a leading diagonal on wave (a) of a second zigzag pattern. It indicates a bearish on this market. the last leg that is forming is a wave (c) which could be either impulse or ending diagonal. -Second pattern taking longer time than the first one to form. - Wave (c) if impulse will form double bottom pattern as shown...
-ABC correction with a zigzag pattern. The first wave (a) is an impulsive wave . -Wave (b) is a correction of any type. -Wave (c) is an impulsive wave which is now forming. The 5th wave of wave (c) needs to make a divergence with the wave 3 of larger wave (c). ******This is just my analysis. Wave count might be wrong. Take Risk. cut losses.
-The very first correction is an impulsive wave denoted by (I). The 2nd wave (II) is flat pattern where wave c is a failure. - This market seems very bullish to me. After the flat correction, the market will go for another impulsive move. The next entry would be around to the previous resistance located at B. **** This is just my assumption. Wave count might be...
The price touched the upper resistance zone forming HANGING MAN candlestick pattern for a reversal. A leading diagonal with a 5th wave failure intend market to form flat pattern for the 2nd wave. The next wave for the reversal if happen, would be a impulsive move. Sell begins.
This bearish market structure has nearly come to an end. The price has completed double correction pattern with ABC zigzag and ABC flat with an ending diagonal at the end. It shows somehow that it will consolidate. To form the bullish structure, the price has to penetrate the upper resistance zone and after the confirmation, we can see the probability of having an...
This currency pair is going for a correction. After completed a leading diagonal pattern, it has formed ABC flat pattern where AB is completed, and wave C is about to form. Wave C has to completely retrace its wave B. Overall a bullish scenario.