Solana Showing Signs of Life Near the PCZ of a Bullish Shark
Solana after bringing us a Weekly Double MACD Bullish Divergence Below Support has managed to Spring Back into the Major Support Zone that is confluent with a 1.618 Bullish Shark and is now Preparing to Bullishly Engulf the previous weekly candle in an attempt to hook on to the zone.
This can lead to us confirming the Old Support Zone as Support Again where we could then rally off the Support and take off to the Minimum Harmonic Target of $133.86 and if things are really Bullish; All Time Highs.
My only worries for this coin are it's previous connections with FTX but perhaps the technicals are hinting here that the FTX impact is not as bad as I initially perceived.
This can lead to us confirming the Old Support Zone as Support Again where we could then rally off the Support and take off to the Minimum Harmonic Target of $133.86 and if things are really Bullish; All Time Highs.
My only worries for this coin are it's previous connections with FTX but perhaps the technicals are hinting here that the FTX impact is not as bad as I initially perceived.