Senior analyst analysts say Solana can dominate the market next month

The daily price movement in the Sol/BTC pair began to draw a different image of the image that dominated the first quarter, according to the graphic drawing by veteran merchant Josh Olzwich on Sunday.

One day graph Put IHS textbook that has been formed since early March and is now approaching the neck line about 0.00162 BTC. At screen time, Sol was transferred 0.001588 BTC. With bitcoin changing hands near 94,765 dollars, Solana places about $ 150 for the coin.

It is difficult to miss the pattern dissection: decrease on March 19 at 0.00127 BTC ($ 120), which is the head, surrounded by the highest level in the left shoulder on March 11). The left shoulders are currently in the formation phase. The horizontal neckline is in line with the late floor that collapsed in February, and turns strong support into strong resistance on an equal footing. It is measured from the head to the neck line, the capacity is about 0.00033 BTC; Clean degradation will mean a technical target near 0.00195 BTC – the lower border of the distant edge of Kumo Cloud.

Solana bulls has a goal

The chart is overcome by long -out Ichimoku composition (20/60/120/30). At the last closure, Tenkan-Sen sat on 0.00150 BTC, Kijun-Sen, exactly on the neckline at 0.00162 BTC, and Senkou stretching 0.001742 BTC while SPN holds higher at 0.002159 BTC. The cloud itself remains declining – thick, red and general expenses – the difference in the difference began to pressure, indicating the height of the momentum down. The crucial batch in the como will lead to the classic Ichimoku trade to the edge, which targets SPAN B about 0.00216 BTC (about $ 205).

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The bullish preparation occurs just two months after the market completion of the mirror image of the same style. From mid -December to early February, Sol/BTC photographed a prominent head and shoulder, lost the neckline in early February and was collected directly to IHS in March. This leaked symmetry gives additional weight to the current training by clarifying the extent of the spouses’ respect for classical engineering during the past half.

“1D Sol/BTC-IHS + E2E at some point but not soon, perhaps in late May,” Olszewicz wrote on X. Analysty warning reflects the fact that the price is still under both the neckline and Kijun-Sen, and that Kumo does not descend financially until the last week of May. Early rest attempt to reject the final right shoulder re-test near 0.00151 BTC ($ 143), and is also where Tenkan-Sen is currently residing.

It is worth noting that Chico (late line) is still less than price and cloud, with confirmation that the confirmation of the direction is suspended; Thus, both Ichimoku’s traditions and patterns trading can agree that 0.00162 BTC is the line that Solana Bulls must turn decisively.

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If the goal is achieved from the edge to the edge, then Sol will add about 26 % against Bitcoin from the current levels and restore the land that was last seen in early February. If the neckline rejects again, protect the negative side to the twin shoulders on 0.00145-0.00148 BTC; The break of this shelf will nullify the ups and reopen the march basin.

Currently, the market is satisfied with the file under the resistance while the watch is heading towards the cloud turning. Whether the delayed schedule of Olzwich proves that Presscient will depend on the Bitcoin’s special path and the broader risk environment, but the price structure on the Solana/Bitcoin chart is clear: after winter bruises, Bulls finally has a style worth defense.

At the time of the press, Sol was traded at $ 149.

Distinctive image created with Dall.e, Chart from TradingView.com