ATCryptoScan: SOLUSD, Solana, the sunshineWeekly SOLUSD chart shows an indicative picture perfect Bullish burst.
1. MACD and VolDiv crossover on the bullish territories. The last time this might have happened would be about July 2021 (VolDiv had not enough data to be plotted atat that time);
2. a large consolidation since early 2024 appears to be breaking out and a potential break on the long term trendline is indicative with favourable technical indication; and
3. Fibonacci retracement saw a 61.8% pullback for the base which never broke down and during this time, VolDiv was trending up
So heads up... SOLUSD has a projected target price of about 336 around mid-2025.
Cryptocurrecies
ATCryptoScan : BTCUSD at that time before launch againLooking back at the BTCUSD weekly charts, there appears to be similar, if not the same, technical conditions before the start of a massive BTCUSD rally. This comes with both MACD and VolDiv crossovers and a breakout of a trendline after a period of consolidation.
Marked out by time lines, the Green lines are the most similar to current (yellow), and the orange has only a differing VolDiv. All are breakout points and appears to be great accumulation start points for the next year or two.
Just weeks ago, a similar technical set up was made, and today is a couple of weeks after...
Clear correlation here, so we know what the most probable for the next year going forward...
Seriously Bullish BTC
PS. this is the repeat post... the amended version.