Solana : is the down trend over ? Or could it go much lower I am overall bullish on solana, but much lower dip could happen before a confirming uptrend
Key data points
No news here
Looks like there's nothing to report right now
SOL/EUR going further down to 130€ !Will solana plunge further down to reach a key resistance ? That's what I believe will happen, the chart is pretty self explanatory as usual. Solana needs to go down a little more before rebouncing.
This should happen very soon , I am writing this the 21st of february , i am pretty confident this
Trade Signal: Buy SOLEURAttention traders! Utilizing the EASY Quantum Ai strategy, we have identified a promising opportunity in the SOLEUR currency pair. Here is the detailed signal for your trading action:
Direction: Buy
Enter Price: 120.89
Take Profit: 123.07333333
Stop Loss: 116.56333333
Rationale:
SOLEUR: Long PositionChart is going down most likely to make it to the lowest support level and come back up as it did twice already. Also, this is backed up by the RSI which is already at 33.17 which is quite low and I believe this will go down a little further before coming back up. Also, this indicates that there is
Obvious pump ahead. SOL is ready to take off soon. 🚀On May 1st, the price reached a low point before preparing for a new upward movement.
- There was a bullish divergence in the RSI on May 1st.
- The middle trend line (blue) and the long trend line (green) on the three-line indicator crossed bullish.
- The price broke above the purple trend line.
A rapid BTC and SOL uptrend worries me for my behaviour.For me as a swing trader, it's the first time I am dealing with uncomfortable emotions while the uptrend is remarkable going on and on... My thoughts are dealing with a mix of unbelief and trust issues. For all those traders with similar awareness, I put a list together of psychologic behaviour I ha
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.