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Riding the Solana Surge: Price Predictions Soar to $200-$240

Solana Bullish Momentum! On June 27, 2024, Solana is showing some strong bullish momentum, with a potential price target between $200-$240. The formation of a butterfly chart pattern suggests this upward movement. This pattern, often seen as a sign of a price reversal or new trend, indicates that Solana might see a significant rise before any correction happens. Increased trading volume and confirmation from other technical indicators like RSI and MACD add to this bullish outlook. Additionally, support and resistance levels suggest that Solana has room to move up before hitting overbought territory. This is definitely something to watch closely, as Solana's movements in the...

By NovaX
Updated 1 week ago
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Solana: Unveiling TWO Bearish Signals in the Crypto Market

Solana has lost a longstanding trendline that acted as support since October 2023. The price has been unable to bounce back, and we're seeing a steep decline as bears are outweighing buyers. A Technical Indicator (which I use mainly to determine trend swings from a macro perspective) has just flashed SELL in the weekly timeframe. Now based on previous instances, this took us MUCH lower. These alerts happen in real time when a certain conglomeration of parameters are met (based on Strength, Trend, Averages, Real Time) and so naturally, the higher the timeframe the better the result. The only way we will be safeguarded...

By NovaX
Updated 1 week ago
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Bitcoin and Ethereum Price Analysis: Latest Market Trends and Insights

Bitcoin and Ethereum Morning Update Good morning, we are back close to the MarchVWAP on ETH 🚨 Still needs to be flipped for the trend to reverse on the higher time frame, if we get this reclaim we are looking for scalps on some assets but thats for later. This setup on ETH with the multiple retests on the cluster reminds me of another setup on ETH just close before we saw the big increase before the ETF happening. On BTC things are looking good as we held the most important level for now the MarchVAL. But on BTC the MarchVWAP is...

By NovaX
Updated 2 weeks ago
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Bitcoin Price Prediction: A Major Shift on the Horizon

BTC has lost some key technical support levels. The weakness displayed in crypto has come while the stock markets have been incredibly strong. Its never a good sign when you see BTC getting rejected at double top. The previous ATH at 69k seems to be really keeping price action in check. BTC has 2 channels converging around 57k - 59K. Don't be surprised if we see more sellers in the next couple weeks. Until we break the bullish neckline, the 94K price is only a dream.

By NovaX
Updated 2 weeks ago
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Unveiling the Potential of Solana: A Comprehensive Analysis of the Cryptocurrency

Hello, In case of a breakout above this trendline, my strategy is to maintain the position until it reaches the diagonal trendline confirmed by the recent swing high, as indicated. I will set the stop loss below the swing low and the lower boundary of the trend channel for added protection against false breakouts. Kindly conduct your own research (DYOR) and consider entering the trade only after the price breakout occurs as described. Stay cautious and continue to profit :)

By NovaX
Updated 3 weeks ago
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