Rahul Rathi
0 Following
6 Followers
8 Liked
0 Shared
đ $SOL Next Month Analysis
Based on recent market sentiment, here is a point-by-point summary of the outlook for Solana (SOL):
Medium-Term Trend: The medium-term trend is a falling trend channel, suggesting negative development and potentially falling buying interest.
Key Trading Range (Rectangle Formation): The price is moving within a consolidation range with Support at approximately $126 and Resistance at approximately $144.
A decisive break above $144 could signal a new bullish direction.
An established break below $126 predicts a further decline.
Current Price Action: Solana has recently been facing a critical test near the $140 level, and some analysis points to a marginal breakdown of previous support.
Technical Indicator Summary: While ratings change frequently, the summary from some technical analysis suggests a Neutral to Sell signal on the 1-month timeframe, often influenced by bearish signals from oscillators and moving averages.
#BinanceBlockchainWeek #WriteToEarnUpgrade #solana
Based on recent market sentiment, here is a point-by-point summary of the outlook for Solana (SOL):
Medium-Term Trend: The medium-term trend is a falling trend channel, suggesting negative development and potentially falling buying interest.
Key Trading Range (Rectangle Formation): The price is moving within a consolidation range with Support at approximately $126 and Resistance at approximately $144.
A decisive break above $144 could signal a new bullish direction.
An established break below $126 predicts a further decline.
Current Price Action: Solana has recently been facing a critical test near the $140 level, and some analysis points to a marginal breakdown of previous support.
Technical Indicator Summary: While ratings change frequently, the summary from some technical analysis suggests a Neutral to Sell signal on the 1-month timeframe, often influenced by bearish signals from oscillators and moving averages.
#BinanceBlockchainWeek #WriteToEarnUpgrade #solana
đ $BTC Next Month Analysis (Short-Term Outlook)
1. âď¸ Conflicting Price Predictions
Bullish/Neutral Case (Consensus): Some technical analyses suggest a slight increase, with a potential target of around $90,775 (approx. +0.5% to +5% from current levels).
Bearish Case (Specific Model): Other models project a significant short-term correction, potentially targeting the $74,200 - $85,500 range over the next 30 days.
2. đ Key Technical Indicators
Medium/Long-Term Trend: The overall trend for the medium-to-long term is generally assessed as Neutral to Bullish, despite short-term volatility.
Key Support Levels: Immediate psychological support is near the $85,000 - $86,800 range. A stronger, more critical support area is around $74,000.
Key Resistance Levels: Major resistance is around $92,000 - $94,500. Breaking and holding above the psychological barrier of $100,000 would signal strong bullish continuation.
Moving Averages (MA): Some long-term MAs (50-day, 100-day, 200-day) are currently acting as critical support levels. Sustaining a price above these often signals a bullish continuation.
#BTCVSGOLD #WriteToEarnUpgrade #BinanceBlockchainWeek
1. âď¸ Conflicting Price Predictions
Bullish/Neutral Case (Consensus): Some technical analyses suggest a slight increase, with a potential target of around $90,775 (approx. +0.5% to +5% from current levels).
Bearish Case (Specific Model): Other models project a significant short-term correction, potentially targeting the $74,200 - $85,500 range over the next 30 days.
2. đ Key Technical Indicators
Medium/Long-Term Trend: The overall trend for the medium-to-long term is generally assessed as Neutral to Bullish, despite short-term volatility.
Key Support Levels: Immediate psychological support is near the $85,000 - $86,800 range. A stronger, more critical support area is around $74,000.
Key Resistance Levels: Major resistance is around $92,000 - $94,500. Breaking and holding above the psychological barrier of $100,000 would signal strong bullish continuation.
Moving Averages (MA): Some long-term MAs (50-day, 100-day, 200-day) are currently acting as critical support levels. Sustaining a price above these often signals a bullish continuation.
#BTCVSGOLD #WriteToEarnUpgrade #BinanceBlockchainWeek
Login to explore more contents