website utilities

Follow us:
+1 64 64 8000 31 (New York, USA)
You are not logged in, you need subscription to view up-to-date forecasts, please Login if you have already subscribed, otherwise please Subscribe
You can still continue browsing delayed forecasts on the sidebar list.
Weekly forecast Solana technical chart
Trade Setup

Total Profit: 324 point (10%)
Closed trade(s): 324 point Profit

Trade Setup:
We opened 11 BUY trades @ 31.26 based on 'Valley' entry method at 2022-10-26.

Closed Profit:
TP1 @ 34.50 touched at 2022-11-05 with 324 point Profit. (10%)
10 other break-even trades closed at entry price, therefore no profit no loss.

Trading suggestion:

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

DateNovember 21, 2022 - 14:42
Forecastcontinuation of downtrend

Midterm forecast:

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

Technical analysis:

  • There is a divergence in RSI and price between the trough at 30 on 2022-08-29 and the trough at 26.84 on 2022-10-21, the probability of downtrend continuation is decreased and the probability of beginning the correction wave is increased.
  • A peak is formed in daily chart at 38.80 on 11/05/2022, so more losses to support(s) 11.85 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 28.

Symbol Released Current Forecast
Solana (SOLUSD) free Sun, 26 Nov 2023
Solana (SOLUSD) Sun, 19 Nov 2023
Solana (SOLUSD) Sun, 12 Nov 2023
Solana (SOLUSD) free Sat, 4 Nov 2023
Solana (SOLUSD) free Sun, 29 Oct 2023