Let's look at the Solana price pattern from different angles, and see what possible price patterns we can find
Scenario 1: A Double Top: Bearish
Scenario 2: A Sine wave sideway: Neutral:
Scenario 3: A bullish Upward channel, rejection from the top border: a possible correction to the lower border in the coming days: Bearish
Scenario 4: A bearish Bat harmonic pattern: Bearish
Scenario 5: a flat Top: Neutral
Scenario 6: a finished 5 wave cycle:
Scenario 7: decreased volume as price goes up, possible return to 160 level:
Conclusion:
Moving toward 160 is more probable than breaking above 215 in short term..!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Scenario 1: A Double Top: Bearish
Scenario 2: A Sine wave sideway: Neutral:
Scenario 3: A bullish Upward channel, rejection from the top border: a possible correction to the lower border in the coming days: Bearish
Scenario 4: A bearish Bat harmonic pattern: Bearish
Scenario 5: a flat Top: Neutral
Scenario 6: a finished 5 wave cycle:
Scenario 7: decreased volume as price goes up, possible return to 160 level:
Conclusion:
Moving toward 160 is more probable than breaking above 215 in short term..!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
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Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.