Categories: Technical analysis

Solana Wave Analysis – 20 February 2025

– Solana reversed from the support zone

– Likely to rise to the resistance level 186.60

Solana cryptocurrency recently reversed up from the support zone between the support level 165.65 (the previous monthly low from January) and the lower daily Bollinger Band.

The upward reversal from this support zone will likely form the daily Japanese candlesticks reversal pattern Morning Star – if Solana closes today near the current levels.

Given the strength of the support level 165.65, Solana can be expected to rise to the next resistance level 186.60 (former support from the start of February).

The FxPro Tech Analysis Team

The FxPro technical experts prepare a daily analysis of the most active currency pairs (majors, crosses, exotics) and commodities. Selected instruments are reviewed on daily trends (D1, H4), using the active Elliott Wave setups, Japanese candlesticks, indicators, and support/resistance levels.

Share
Published by
The FxPro Tech Analysis Team
Tags: Solana

Recent Posts

CHFJPY Wave Analysis – 9 January 2026

CHFJPY: ⬆️ Buy - CHFJPY reversed from support area - Likely to rise to resistance…

23 hours ago

Exxon Mobil Wave Analysis – 9 January 2026

Exxon Mobil: ⬆️ Buy - Exxon Mobil reversed from support area - Likely to rise…

23 hours ago

Pro News Weekly: Dollar Rebounds as Markets Test New Limits

Welcome to Pro News Weekly! Here’s what is shaping the markets: 💵 The U.S. dollar…

1 day ago

Geopolitics will destroy the euro

•    EURUSD falls due to geopolitics and expectations of tariff removal •    Gold returns to…

1 day ago

Platinum Wave Analysis – 8 January 2026

Platinum: ⬇️ Sell - Platinum reversed from pivotal resistance level 150.00 - Likely to fall to…

2 days ago

Baidu Wave Analysis – 8 January 2026

Baidu: ⬇️ Sell - Baidu reversed from resistance zone - Likely to fall to support level…

2 days ago

This website uses cookies