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FX.co ★ Technical Analysis of Intraday Price Movement of Solana Cryptocurrency, Friday September 15, 2023.

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Crypto Analysis:::2023-09-15T07:14:37

Technical Analysis of Intraday Price Movement of Solana Cryptocurrency, Friday September 15, 2023.

Technical Analysis of Intraday Price Movement of Solana Cryptocurrency, Friday September 15, 2023.

With the emergence of deviations between the movement of the osMA indicator and the price movement of the Solana cryptocurrency and supported by its price movement which moves above the WMA (20) which has an upward slope coupled with the emergence of the Bullish 123 pattern which is followed by the emergence of a Bullish Ross Hook, in the near future Solana has the potential to to appreciate upwards, which is currently trying to penetrate above level 19.31. If this level is successfully break upwards as long as there is no significant downward correction, especially until it penetrates below level 18.32, Solana will continue its strengthening until it penetrates above the SBR (Support Become Resistance) area level. as the main target and level 21.98 as the second target if the volatility and momentum are sufficient.

(Disclaimer)

Analyst InstaForex
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