Solana Crash Target Updated ($55 & $33)
SOL / TetherUS BINANCE:SOLUSDT
AlanSantana
I am updating my Solana crash target to $55, making it a bit lower than what it used to be. With that said, this level doesn't hold much support so prices can drop even lower. Think of how Ethereum behaved earlier this month. Then think that Solana is smaller than Ethereum and has less attention; the crash can be bigger.
This is just a friendly share, crypto-riches are about to evaporate.
Keep your eyes on the price...
Consider this, 3 weeks has 21 days.
Say the downward move starts around the 29 of August and goes straight down for three weeks. This would reach a date of 19-September for the final low. This is highly speculative guessing, but there you have a map... There can be a bounce followed by a lower or higher low.
The second move after the bounce will be the end of the bearish wave.
These things are hard to predict so let's forget about all these details, let's simplify things; Solana is going down. Bitcoin, Ethereum, Toncoin, XRP, Tron, AVAX, Bitcoin Cash, LINK, Kaspa and the rest, are on the crash list as well. Only those small and medium sized projects that we've been looking at might recover right away. Only because these already crashed; they moved ahead.
What one does, the rest follows... We are reaching the end of the bearish wave.
Once the bearish wave is over... Up we go!
Up, up, up, up, up, up, up... Long-term!
Namaste.
