13.09.202405:33 Forex Analysis & Reviews: Technical Analysis of Intraday Price Movement of Solana Cryptocurrency, Friday September 13, 2024.

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From what we can see on the 4-hour chart of the Solana cryptocurrency, we can conclude that Sellers are dominating, which can be seen from the price movement which moves harmoniously in the Bearish Pitchfork coupled with the appearance of the Rising Wedge pattern, so in the near future as long as there is no strengthening that breas above the 137.97 level, Solana will continue its weakening to the 128.26 level and if the momentum and volatility support it, it is not impossible for Solana to continue its weakening to the 120.45 level.

(Disclaimer)

Arief Makmur
Analytical expert of InstaForex
© 2007-2024

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