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Weekly forecast Solana technical chart

Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateSeptember 17, 2022 - 20:54
Forecastcontinuation of downtrend

Midterm forecast:

  • 48.40 is a major resistance, while this level is not broken, the Midterm wave will be downtrend.

Technical analysis:

  • While the RSI downtrend #1 is not broken, bearish wave in price would continue.
  • A peak is formed in daily chart at 39.00 on 09/13/2022, so more losses to support(s) 30.00, 25.85, 20.00 and more depths is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 47.

Symbol Released Current Forecast
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