Solana Prepares For Correction (~25% To Start)

16 nov 2021

Looking at the daily chart for Solana (SOLUSD), a correction is on its way.

• We have very high bear volume.
  
• We have indicators trending lower, RSI and MACD.
  
• We have a break below EMA10 and EMA21 (candle closure is needed for confirmation).
  

These bearish signals are pointing to lower prices.

The relevant support levels are marked on the chart.

Can be 22% to 28% but who knows... It is very early to say for sure.

Namaste.

26 nov 2021

Nota

There is room for more drop/red.

21 feb 2022

Trade chiuso: obiettivo raggiunto