Cryptocurrency analyst Alan Santana predicts a potential sharp decline for Solana（SOL）due to a large ABC correctionpattern,while others remain bullish on itslong-termprospects.
Points
- AnalystAlanSantanaidentifiesabearishABCcorrectionpatterninSolana’spricechart.
- Santanapredictsapotentialdroptothe$80-$100range.
- Contrarily,altFINSpresentsabullishoutlook,suggestinganuptrendifsupportlevelshold.
- MixedsignalsindicateacomplexmarketscenarioforSolanainvestors.
Cryptocurrency analyst Alan Santana has identified a large ABC correction pattern inSolana’spricechart,suggesting a potential move towards the$80-$100pricerange.This forecast represents a significant pullback from currentlevels,potentially qualifying as what Santana terms an”SSD-Wave”（Surprise-Super-Down-Wave）due to its magnitude of40-50%.
KeyPointsfromSantana’sAnalysis
1.The top of wave B for the lastsub-ABCwave has beenreached.
2.A price target in the$80-$100range,reminiscent of January2024levels.
3.The move is characterized as having“bearishpotential”（BD-Pot）.
This bearish outlook suggests that investors should be prepared for a possible sharp correction inSolana’sprice in the nearterm.
Contrarily,technical analysis from altFINS presents a more optimistic view ofSolana’spriceaction.Their analysis suggests that while trends aremixed,thelong-termuptrend remains intact as long as the price stays above the200-daymovingaverage.
KeyElementsofaltFINS’Analysis
1.A potential buying opportunity near the$125-$135supportzone.
2.A projected20%upside to$160if supportholds.
3.A recommendedstop-losslevel at$115.
The analysis identifies the current price action as a“PullbackinUptrend,”presenting a potential‘buyingdip’opportunity fortraders.Momentum is currentlybullish,with the MACD Line having crossed above the MACD SignalLine.TheRSI-14levels indicate that Solana is neither overbought noroversold,suggesting room for movement in eitherdirection.
The contrasting analyses present a complex picture for Solana investors andtraders.WhileSantana’sanalysis warns of a potential sharpdecline,altFINS’perspective suggests the possibility of continued upward movement within the broaderuptrend.
解説
- Santana’sanalysishighlightsabearishABCcorrectionpattern,indicatingapotentialsharpdeclineforSolana.
- altFINS’bullishanalysissuggestsabuyingopportunityifSolanamaintainssupportlevelsandcontinuesitsuptrend.
- Investorsshouldweighbothanalyses,consideringtheirrisktoleranceandmarketconditions.
- Themixedsignalsemphasizetheneedforcarefulevaluationandstrategicdecision-makinginSolanainvestments.