Solana [SOL] Cryptocurrency Price Prediction and Analysis - Jan 19 2022
Solana SOL Cryptocurrency Price Prediction, Forecast and Technical Analysis. This analysis reviews Solana SOL without Solana SOL news or other explained fundamental analysis. This analysis is strictly technical in nature and focuses on Solana SOL prices action only in a live market setting.
The Solana SOL Cryptocurrency Price Prediction, Forecast, and Technical Analysis methods are varied. Price predictions for Solana SOL are developed through the use of Point and Figure, Ichimoku Kinko Hyo, and Gann Analysis. However, the forecasting and price prediction of Solana SOL is not limited to just those methods and theories. Solana SOL news and other fundamental data are almost never utilized in my analysis as it is strictly technical. Trade ideas, if identified, can be found below and present buy opportunity, sell or short opportunities with theoretical and hypothetical profit targets and stop losses identified. Any Solana SOL price trade ideas with Point and Figure identify the box size and reversal amount. Any Solana SOL price trade ideas with Japanese Candlestick charts have the timescale identified. The dates in the trade idea description are when the original Solana SOL price trade idea was developed. Also, I hate how Google SEO for crypto works but is necessary to attract people. So dumb.
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The trade idea from Jan 7th triggered, moved up nearly two boxes and then fell to hit the stop loss. That prior trade entry is still valid and was re-initiated. A new short entry was identified based on the weekly Ichimoku chart.
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Trade-Ideas
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($10.00/3-box P&F Chart) - Jan 19th
Buy Stop @ $155
Stop Loss @ $135
Profit Target @ $260
(Weekly Ichimoku Chart) - Jan 19th
Sell Stop @ $135.50 (weekly close must be or slightly below)
Stop Loss @ $145.00
Profit Target @ $96.50
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Dollar-Cost Average - Update Oct 18th
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Buy Limit $70.54
Buy Limit @ $106
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