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.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.