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Our $LAYER price forecasts are generated through a meticulous analysis of multiple technical indicators, including the moving average convergence divergence (MACD), relative strength index (RSI), average true range (ATR), moving average (MA), and bollinger bands (BB) specific to the cryptocurrency in question. By implementing advanced machine learning algorithms to process and interpret this data, we strive to predict the potential trajectory of Solayer's price movements. Our methodology is further detailed on our website's methodology page, where you can find in-depth explanations of each indicator and how they contribute to our forecasting process.

This is my 4th idea looking at $SOL with Ethereum as a pattern, benchmark, or comparison.I used this pattern to identify downside targets and potential reversals, and now I am using it to call a local high. This is basic and fundamental charting. Both charts show a 5-impulse Elliott Wave to the upside. With such a clear pattern and impulsive move, we don’t see a continuation pattern yet. Solana does not show an ascending triangle, a cup and handle, or even a symmetrical triangle. Without a continuation pattern, we must suspect price will stall at a previous support. Seeing where price flips support to resistance and vice versa at key levels is one of the basics that can take years to master. That previous support is the bear trap that was created at the beginning of the bear market. We can see on the right where it played out with Ethereum, and I strongly suspect we are seeing the initial stages of that reversal in $SOL . Of course,there are some key differences in the two charts. We can see that when we look at other indicators.I don’t want this idea to become unmanageable,so I will just look at one of the basics: the Monthly Bollinger Band It is pretty clear that, looking at the Bollinger Band, it appears Solana did a much better job than Ethereum.$SOL has pushed its head above the monthly Bollinger Band to reach the previous bull trap, whereas Ethereum didn’t even reach the baseline. Either way, whether the price is out of the monthly Bollinger Band or near the midline with weekly bearish divergence at previous support, it still presents an interesting scenario. I do hope to see the lower limit of the monthly BB snug up and flatten off to indicate a local low is in when I see Solana double bottom.

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$JUP 1.6120 Pay Attention to details.. Before Reading this please make sure, you Read it properly not only just title.. (Unqualified Stay Away from this Post) I will not Discuss useless Fundamentals to save time & energy!!! Moving to the Technical levels: In Upcoming sessions, if we able to Resist above 1.0598 for 45 Minutes then surely we are going to Hit 1.2262 now please keep that in mind and never never forget this Zone is highly Volatile and it is most likely that we will reject the price and sharply decline to 0.9511. Bonus TIP: If you see Major Support has been broken and within 15 Minutes it is recovered then we will drop down to 0.8696 by the start of coming Week. Enjoy Rides and Earn & Never Forget this post is the whole Month Potential Move. There will be many Pullbacks, Recoveries, Crashes, Pumps and dumps. Trade according to levels. (My OLD friends they know that I have told them many accurate ATH of $NOT , $FLOKI , $PEPE BB) I hope I explained everything in Simplest & Easiest way. (I update weekly or sometimes daily moves of $BTC and ALT Coins to my Members, Take it or Leave it) As always Trade Safe. Your Friend: ShowdownPRO Thanks for your love & Support.