Looking at past data on Solana, we might be up for a bull run. Why?
Before the last bullish wave, price created a bull flag for a couple of weeks. With a continuous bounce at the $25 support level, the bullish impulse was aided until price got to the ATH at $260.
Now, price has continued to face bearish movements in this bear market. Lower highs and lower lows continued to form, showing us a clear downtrend since November 2021. We now have Solana bouncing off the $80 level. Price has now formed a double bottom, and this support level could really be holding. Logically, this looks like a good dip. Picking up Solana at $80-$90 is a huge discount before the next bull run, as we could see a new ATH at $600. I'm longing Solana here, and I think you should too.
Before the last bullish wave, price created a bull flag for a couple of weeks. With a continuous bounce at the $25 support level, the bullish impulse was aided until price got to the ATH at $260.
Now, price has continued to face bearish movements in this bear market. Lower highs and lower lows continued to form, showing us a clear downtrend since November 2021. We now have Solana bouncing off the $80 level. Price has now formed a double bottom, and this support level could really be holding. Logically, this looks like a good dip. Picking up Solana at $80-$90 is a huge discount before the next bull run, as we could see a new ATH at $600. I'm longing Solana here, and I think you should too.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.