Trends aren't just linear, they should also be analyzed parabolically. In fact, parabolic trends are one step ahead of linear trends. Because they better show the slope and movement of the price.
In this chart work, I created a long-term setup for Solana using linear and parabolic trends.
Many of us may have strong bullish sentiments about the fourth quarter of 2024 and believe that things will be wrapped up in this quarter. But I think there's something we're overlooking.
The cycles have literally been completed every 4 years so far, and this hasn't changed yet. This won't change again. I believe the cycle finale will happen in the fourth quarter of 2025.
Both historical processes and the chart tell me this. Also, my bold price target for Solana is $710 - $750. But first i think we should see dump action.
In this chart work, I created a long-term setup for Solana using linear and parabolic trends.
Many of us may have strong bullish sentiments about the fourth quarter of 2024 and believe that things will be wrapped up in this quarter. But I think there's something we're overlooking.
The cycles have literally been completed every 4 years so far, and this hasn't changed yet. This won't change again. I believe the cycle finale will happen in the fourth quarter of 2025.
Both historical processes and the chart tell me this. Also, my bold price target for Solana is $710 - $750. But first i think we should see dump action.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。