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FX.co ★ Technical Analysis of Intraday Price Movement of Solana Cryptocurrency, Friday November 17, 2023.

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Crypto Analysis:::2023-11-17T04:41:59

Technical Analysis of Intraday Price Movement of Solana Cryptocurrency, Friday November 17, 2023.

Technical Analysis of Intraday Price Movement of Solana Cryptocurrency, Friday November 17, 2023.

On the 4 hour chart of Solana Cryptocurrency, there is seems a deviation between price movement with MACD Histogram indicator as well as the price movement that has moving below the 20 WMA as well as the forming of Bearish Pitchfork channel where indirectly also formed Y Wave Projection, so that in the near future, as long as Solana doesn't return on correction which breaks above the level 66,03, this Cryptocurrency will try hard to breaksk below the level 56,37 if it success, then Solana will continue its weakness to the level of 51,22 as the first target and the level 47,19 as the second target.

(Disclaimer)

Analyst InstaForex
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