Solana SOL: It Could Get Really Bad
Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Solana ( SOLUSD ).
Solana price support lines shown as the price moves lower. There is major movement in Solana related to FTX and other crypto events.
My last warning on Solana was in September 2022 when the price was around $34-$35 and now I am targeting $3 price which could realistically go much lower as the VPVR shows very low traded volume below $22 which means the support may not be there. Be very careful!
The chart is self-explanatory. Included in the chart: Trend line, Support and Resistance Line, VPVR, Ichimoku Cloud, RSI, Keltner Channels and Volume.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. More ideas below!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #millionaireeconomics
Solana price support lines shown as the price moves lower. There is major movement in Solana related to FTX and other crypto events.
My last warning on Solana was in September 2022 when the price was around $34-$35 and now I am targeting $3 price which could realistically go much lower as the VPVR shows very low traded volume below $22 which means the support may not be there. Be very careful!
The chart is self-explanatory. Included in the chart: Trend line, Support and Resistance Line, VPVR, Ichimoku Cloud, RSI, Keltner Channels and Volume.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. More ideas below!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #millionaireeconomics
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