GK-ARONNO
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🤑 Solana bullish below support or additional crash-low?
#Solana #SOL #SOLUSDT #SOLUSDT!
It is red until it is red no more. We are about to see six weeks Solana trading at or below support. Support as is in the 0.786 Fib. retracement level.
Can Solana be bullish below support? Absolutely...
In March/April 2025 Solana moved below support just to recover, this same level. Here it is marked with a purple dashed line.
Throughout 2024, this same support level was challenged twelve times. What followed was a strong bullish period.
Here we have a mixed signal: Below support SOLUSDT can produce sort of a flush before reversing, just like April. Or it can recover next week right away. It is mixed but both scenarios are possible—this chart needs more time.
The buy-zone. Regardless of the short-term Solana is trading within a buy-zone. Regardless what happens in a week or a day the next major move is a bullish wave. The down-wave already ran its course, seems exhausted.
I know it is hard but is wise to buy when prices are low. We are looking at a good entry zone.
The last bearish wave lasted 84 days and the current wave already has 91 days to last week, to this week that's 98 days. This move has already been going longer than the previous one and the bullish wave preceding it was shorter. This too can reveal the end of bearish action.
Just look at the chart and let me know what you think. To me, the action is about to turn green.
Namaste.
✅ Trade here on $SOL
{future}(SOLUSDT)
It is red until it is red no more. We are about to see six weeks Solana trading at or below support. Support as is in the 0.786 Fib. retracement level.
Can Solana be bullish below support? Absolutely...
In March/April 2025 Solana moved below support just to recover, this same level. Here it is marked with a purple dashed line.
Throughout 2024, this same support level was challenged twelve times. What followed was a strong bullish period.
Here we have a mixed signal: Below support SOLUSDT can produce sort of a flush before reversing, just like April. Or it can recover next week right away. It is mixed but both scenarios are possible—this chart needs more time.
The buy-zone. Regardless of the short-term Solana is trading within a buy-zone. Regardless what happens in a week or a day the next major move is a bullish wave. The down-wave already ran its course, seems exhausted.
I know it is hard but is wise to buy when prices are low. We are looking at a good entry zone.
The last bearish wave lasted 84 days and the current wave already has 91 days to last week, to this week that's 98 days. This move has already been going longer than the previous one and the bullish wave preceding it was shorter. This too can reveal the end of bearish action.
Just look at the chart and let me know what you think. To me, the action is about to turn green.
Namaste.
✅ Trade here on $SOL
{future}(SOLUSDT)
إخلاء المسؤولية: تتضمن آراء أطراف خارجية. ليست نصيحةً مالية. يُمكن أن تحتوي على مُحتوى مُمول. اطلع على الشروط والأحكام.
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