Solana showing weakness in the weekly timeframe a possible -12%
Despite the strong movement in the monthly timeframe, solana seems to want to cool off a little bit before a continuation and in the weekly timeframe is showing several bearish divergences for almost the entire year of 2024.
So in resume solana could retrace around the $200 level initially and the last downside target will be between $180 to $160 , with various confluences wvap, fibonacci levels and the strong weekly bearish divergences and the retest of the bull flag.
So in resume solana could retrace around the $200 level initially and the last downside target will be between $180 to $160 , with various confluences wvap, fibonacci levels and the strong weekly bearish divergences and the retest of the bull flag.
Trade fermée manuellement
Solana got -6% move and now seems to have found an strong support at $215 and is showing momentum to the upside with bullish divergences in the lower timeframes if the 4h timeframe closes above $230 it could reach the highs again.Note
i think this region between $160 to $180 will be a great opportunity to accumulate solana.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.