Gk_Aronno
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Solana Bullish Based On Volume & Support, Or Crash?
$SOL
Solana is now bullish, I shall explain. Many signals are pointing to this fact, these are easy to see. Once I share them here, below, you will agree with me 100%. Correct?
Let's start with the easy part. Volume is rising and has been very strong lately. A significant rise in trading volume after a major drop and as prices grow is a signal that confirms any bullish development. The bullish development is the move and recovery above support.
Support is found as the 0.148 Fib. extension level, Solana trades above it. Support is the early August 2024 low. SOLUSDT trades above it. Support is EMA34, Solana closed daily above this level after resistance was met. Support found, bullish.
The RSI is bullish with a reading of 55. A bottom formation is present, v shaped pattern. Do you want more?
One signal is good but not enough. Two signals are good but we need more. Three signals can count toward reaching certain conclusions about what will happen next. When you have 5, 6, 7 strong signals all combined, it is hard to miss what the chart has to say. Too many signals now are pointing toward higher prices. Do you see any bearish signals?
You can say bearish only if you ignore the bullish signals.
Or you can say bearish if you don't have a chart.
If you are with me now โthanks for the supportโ you already know that Solana is set to grow.
Solana will soon trade above $400. Very easy, I know you agree with me because I showed you data to support my point of view. It is not done blindly. Everything I wrote can be confirmed by anyone, at any point in time. Now.
You can check each signal for yourself; what do you see?
I see a low 7-April followed by a quick recovery. I see the market now turning green.
Do you agree?
If you do, follow me.
Namaste.
Solana is now bullish, I shall explain. Many signals are pointing to this fact, these are easy to see. Once I share them here, below, you will agree with me 100%. Correct?
Let's start with the easy part. Volume is rising and has been very strong lately. A significant rise in trading volume after a major drop and as prices grow is a signal that confirms any bullish development. The bullish development is the move and recovery above support.
Support is found as the 0.148 Fib. extension level, Solana trades above it. Support is the early August 2024 low. SOLUSDT trades above it. Support is EMA34, Solana closed daily above this level after resistance was met. Support found, bullish.
The RSI is bullish with a reading of 55. A bottom formation is present, v shaped pattern. Do you want more?
One signal is good but not enough. Two signals are good but we need more. Three signals can count toward reaching certain conclusions about what will happen next. When you have 5, 6, 7 strong signals all combined, it is hard to miss what the chart has to say. Too many signals now are pointing toward higher prices. Do you see any bearish signals?
You can say bearish only if you ignore the bullish signals.
Or you can say bearish if you don't have a chart.
If you are with me now โthanks for the supportโ you already know that Solana is set to grow.
Solana will soon trade above $400. Very easy, I know you agree with me because I showed you data to support my point of view. It is not done blindly. Everything I wrote can be confirmed by anyone, at any point in time. Now.
You can check each signal for yourself; what do you see?
I see a low 7-April followed by a quick recovery. I see the market now turning green.
Do you agree?
If you do, follow me.
Namaste.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.ย See T&Cs.