Solana (SOL) to $310 in Q3-2023
Hello everyone,
I've been studying the market for a long time, about 15 years now. Cryptocurrencies have been in my portfolio since 2015.
In my time of analysis I've noticed multiple trends in long term, they seem to be reoccurring through all cryptocurrency. They're either different styles of bear/bull wedges or flags.
Lately I've been thinking about the possibility of another bull wedge or bull flag in the long term, the shape is merely beginning, hence the possibility of this idea.
The idea is that we'll see another long triangle stretch of a variation of a bullish falling wedge, that is if we break through the current bear pattern.
I've calculated that we by Q3-Q4 of 2023 we'll see a new ATH of Solana, around $310.
As everyone knows, the war between Ukraine and Russia is bringing a lot of tension on the markets. These are uncertain times, and with uncertainty comes indecisiveness.
We're still in the phase of resistance, the very first step into the journey of acceptance. Google it, it's worth a read and applies to many new concepts like crypto.
Believing that the cryptocurrency will grow in the future like it is doing now, people will keep on holding their cryptocurrencies with staking.
Banks and governments will ultimately have to bend and shape into the new way of digital economy, you see this happening everywhere.
Let me know what you think, thanks for reading.
~ Murkemur
I've been studying the market for a long time, about 15 years now. Cryptocurrencies have been in my portfolio since 2015.
In my time of analysis I've noticed multiple trends in long term, they seem to be reoccurring through all cryptocurrency. They're either different styles of bear/bull wedges or flags.
Lately I've been thinking about the possibility of another bull wedge or bull flag in the long term, the shape is merely beginning, hence the possibility of this idea.
The idea is that we'll see another long triangle stretch of a variation of a bullish falling wedge, that is if we break through the current bear pattern.
I've calculated that we by Q3-Q4 of 2023 we'll see a new ATH of Solana, around $310.
As everyone knows, the war between Ukraine and Russia is bringing a lot of tension on the markets. These are uncertain times, and with uncertainty comes indecisiveness.
We're still in the phase of resistance, the very first step into the journey of acceptance. Google it, it's worth a read and applies to many new concepts like crypto.
Believing that the cryptocurrency will grow in the future like it is doing now, people will keep on holding their cryptocurrencies with staking.
Banks and governments will ultimately have to bend and shape into the new way of digital economy, you see this happening everywhere.
Let me know what you think, thanks for reading.
~ Murkemur
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