empty
 
 
You are about to leave
www.instaforex.eu >
a website operated by
INSTANT TRADING EU LTD
Open Account

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

Relevance up to 22:00 2024-09-13 UTC--4
This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Exchange Rates 13.09.2024 analysis

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

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.

Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade



You are now leaving www.instaforex.eu, a website operated by INSTANT TRADING EU LTD
Can't speak right now?
Ask your question in the chat.

Turn "Do Not Track" off