On the daily chart of Solana, based on the equilibrium view and the equilibrium Fibonacci, on April 6, the main zone broke down and in the medium term the candles are moving towards the middle zone and the $40 range.... The equilibrium view of the chart is a macro and big image view of the market and will predict the movement of the candles on the chart, perhaps with a slight delay, but definitely and accurately... The market sentiment will soon change to a downward direction in the medium term... Solana's medium term target; the $40 range..!
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Note: My analyses are based on an equilibrium view and personal Fibonacci equilibrium settings... These analyses are based on a macro view of the chart and a big-image view of the market... This view does not take into account temporary and short-term market movements...
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.