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Weekly forecast Solana technical chart
Symbol SOLUSD

Trading suggestion:

Price is in the Trend Hunter Buy Zone (20.30 to 19.30).

We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

  • Beginning of entry zone (20.30)
  • Ending of entry zone (19.30)

DateMay 20, 2023 - 15:07
Currentrange bound
Forecastcontinuation of uptrend

Midterm forecast:

  • While the price is above the support 16.00, continuation of uptrend is expected.
  • We make sure when the resistance at 27.10 breaks.
  • If the support at 16.00 is broken, the short-term forecast -continuation of uptrend- will be invalid.

Technical analysis:

  • While the RSI uptrend #1 is not broken, bullish wave in price would continue.
  • A peak is formed in daily chart at 26.00 on 04/17/2023, so more losses to support(s) 19.30 and minimum to Major Support (16.00) 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 41.

Take Profits:

  1. 23.90
  2. 27.10
  3. 38.80
  4. 48.40
  5. 59.30
  6. 76.00
  7. 110.90
  8. 143.50
  9. 204.75
  10. 234.30
  11. 259.97
Click on the level to view price action history.

Symbol Released Current Forecast
Solana (SOLUSD) free Fri, 22 Mar 2024
Solana (SOLUSD) Mon, 18 Mar 2024
Solana (SOLUSD) free Sun, 10 Mar 2024
Solana (SOLUSD) Mon, 4 Mar 2024
Solana (SOLUSD) Sun, 25 Feb 2024