Solana is in the best of momwntum in Cryoto space since late last year as per my analysis outperforming BTC, ETH in % gain basis. Now, it seems to be ready for its next leg up. Have a look at the levels. Perosnal opinion only !
The case for an incoming quick Sol rebound: - Stochastic RSI is Oversold on the Daily Chart - Horizontal support from a historic low/support zone from June 2021. Additional: Current low is 15.50 , maybe room for this to go down to 13.00 level, then I'm guessing an equally large move upwards as a rebound (+30%)? Purely speculation, it's dangerous to try and...
It looks like H&S is forming on the 15 mins chart. SOL / GBP
BINANCE:SOLGBP Now I have been following and calling SOL to its current level for some time. On twitter and discord. Ill post charts below. However, after seeing oversold levels plus reasonable market depth. There's some support to see pullbacks before a continuation.
The technical chart looks like it could be in a sell model so i am expecting lower prices, targets are the blue boxes.