🚧SOL is Bullish now🚧 & many Traders don't see it 👀!!!Hi.
COINEX:LTCUSDT
😊Today, I want to analyze SOLUSDT for you in a Weekly time frame so that we can have a Mid-term view of SOLUSDT regarding the technical analysis. (Please ✌️ respectfully ✌️share if you have a different opinion from me or other analysts).
SOL has Created a Large Rounded Bottom. This Means The Price Can Increase as Much as the Length Between The Top and The Bottom Of the Rounded Bottom. Since the rounded bottom is Not broken. The price can have a good rally after the breakout.
✅ Due to the Ascending structure of the chart...
- High potential areas are clear in the chart.
- Rounded Bottom
- AB=CD
Stay awesome my friends.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
SOL
Solana Gaming Gem (BREAKOUT NEXT)Technicals
- Breakout observed after 18 months accumulation range
- Wave 1 complete, Wave 2 retraced to 0.618 fib level followed by Bullish RSI Divergence
- 1.618 Fib Projection for Wave 3 Target @ 0.167
Tokenomics/Fundamentals
coinmarketcap.com
FDV: 46m
Mcap: 19m
Contract Ownership Renounced: Yes
Mintable: No
Mutable Info: No
Circ: 40%
Unlike many other crypto-gaming projects, the contract is renounced without option to mint or change anything. Top 10 wallets are not holding much -- this is very similar tokenomics and contract security as alot of your premium memecoins that pump.
Recent AMA with CEO and Paul Barrons Podcast
youtu.be
Important to note: XETR:DIO will be used in multiple IP that the studio releases -- not solely the game Decimated.
I think it will be one of the largest movers this cycle.
SOL Solana Technical Analysis and Trade IdeaSolana (SOL) demonstrates a robust bullish trend, recently surpassing previous highs and clearing liquidity above a prior monthly high. A potential retracement to the 61.8 Fibonacci level could present a buying opportunity. Our targets are aligned with previous monthly highs, as illustrated in the video.
Disclaimer: This analysis offers a technical viewpoint and does not constitute direct financial advice. Trading in cryptocurrencies carries inherent risk. Always consult a qualified financial professional and carefully evaluate your individual risk tolerance before making investment decisions.
XRP MOONSHOTXRP right now is following history pretty closely.
As you can see from the main chart, XRP is potentially mirroring the same fractal formed back from 2013-2017. If history repeats, there will be a massive breakout for XRP.
There is quite a bit of evidence to support this.
First of all, the multi-year symmetrical triangle that has formed just like in 2012. It's taken years to form, but here we are in 2024 at the apex of it.
Within the triangle, even the fractal looks the same. You can see marked out points inside.
[Link 1: MACD on the weekly
is showing the same histogram readings as back then, with three big waves, two small, then a bullish cross on the MACD. Exactly the same has happened right now.
Bitcoin had just touched an all-time high again and had a pullback. It is at this moment XRP had its moonshot.
Tell me, what are the chances we have now formed a second multi-year triangle and it just happens that Bitcoin has broken all-time high at the apex?
The stars and planets seem to be aligning once again. It's just a matter of time before some big news comes out and this slingshots.
seem to be pretty crazy targets all around for the XRP community lol. No idea where they're coming up with hundreds of dollars price targets, but if you would have a mirror move, then yeah, $575.
The chances it goes to $575 this bull run are under 1%, let's be honest. The money required to get a mirror move is insane. So, a more grounded target this run would be a max of $10-14, with the first wave hitting $3-5.
Cryptolean Solana SOL Update Solana is consolidating in the narrow daily range between $144 and $147.
A daily candle closure above $147 will push Solana price towards $167 and higher.
An inability to sustain the price action above $144 will result in price declining towards $126.
Intraday Chart
The SOLUSD intraday (4-Hour) chart is teasing the key resistance zone of $149.
A bullish breakout of $149 resistance and a sustained price action above it in the 4-Hour chart will push #Solana price towards $168.
An inability to break through $149 could result in a bearish dip and a re-test of $130, the key intraday support.
I will be closely watching price action with this level, as a bullish rejection could offer a long opportunity.
SOL will follow BTC. A strong bearish rejection of $69,654-$73,422 in the BTCUSD daily chart will lead to the weakness of the whole #crypto market and Bitcoin Cash won't be an exception.
Like once read.
Thank you!
SOLUSDT at weekly resistance right nowThe price has been in uptrend since end of 2022. It has not broken the high it had set in 2021 but it has covered a significant distance from its low in 2022 end and has come close to its all time high zone. However, the price is currently trading at a weekly resistance level WR1. The price did experience a pullback from that resistance zone but quickly backed up and now trading again in that resistance zone. Looking at the momentum, the possibility of the price to break this resistance cannot be ignored, however, a bit of caution is definitely warranted. The next resistance zone is WR2 which is also a monthly resistance zone sitting around 198-208. However, I believe there would be some struggle there but the price will eventually break that and move upward. The more significant resistance is the currently weekly resistance WR1. Let us see how it plays out.
Solana: Bulls are Back! 🐂Although SOL briefly slipped below $118.65 last Tuesday, it recovered quickly and made another bullish advance. We continue to see the altcoin in the beige-colored wave (3). It should expand a good deal further before it is followed by an intermediate wave (4) correction. Afterward, there should be another upward thrust, which should then bring the green wave to an end.
#NEON EVM to $10#Alts on #solana
Could still give nice returns
as we saw yesterday when I highlighted #PYTH
Will this giant cup & handle play out for NEON?
That would be close to 200X from it's all time low.
New entries could possibly give over a 5X
It's broken and retraced and seems to be ready to go on another run.
Winner winner Sol to pay for my Dinner!Hi All,
Sol has finally broken free from it's shackles in the $130, breaking out into the late $140's before coming back to retest.
As you can see there's a hidden divergence with the confluence of an inverse H&S.
I expect the next area of resistance to be in the $160's.
If you zoom out into the weekly you can see Sol's just broken out from a multi-month inverse H&S. If it plays out Sol' price action should move to the mid $200's without too much trouble.
Cheers
BB
SOLUSD Can $5000 become a reality??Solana is overbought on the 1D technical outlook (RSI = 75.694, MACD = 9.354, ADX = 24.946) and even more so on 1W (RSI = 84.892) but that doesn't seem to stop its remarkable uptrend as it broke over the R1 level (144.00) today and the only Resistance standing now is the ATH (261.50). The price action is so far quite similar to the very beginning of Sol's trading days and the CCI supports that.
Consequently, if the long term pattern is a Channel up, we can see a Bull Cycle up to early 2025 and peak near its top (TP = 5,000).
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SOL - Next target is ATH#SOL/USDT #Analysis
Description
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+ SOL is showing confirmed breakout from the resistance.
+ Next target for the SOL is its previous all time high
+ With this strong breakout, i'm expecting the price to continue the bull trend.
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VectorAlgo Trade Details
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Entry Price: 128.30
Stop Loss: 92.81
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Target 1: 147
Target 2: 175
Target 3: 218
Target 4: 263
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Timeframe:1D
Capital: 1-2% of trading capital
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
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Best Regards,
VectorAlgo
Total Crypto Marketcap --- PLan Your Exit#TOTAL Crypto has already doubled from it's bear bottom, to it's most recent high.
We are almost in 2024, well into crypto summer now
time is really running out to prepare your portfolio for the inevitable Bull market euphoria phase.
I bring this chart up just to remind everyone, that this cycle has potential to be one of the worst in terms of multiple expansions we have seen so far.
We have gone from exploding 340X in one cycle.. to 33X the last cycle.
I expect this time round it will be a single digit multiplier.
We have to hope and pray we do indeed break the previous ATH , and we don't double top at 3 trillion.. of which there is no guarantee!
My realistic target is around 5 Trillion Dollars, which may sound pessimistic at only 3.5X from here ... but that means your Altcoins adding at least a Trillion dollars of value from here!
Optimistically i'm looking at around 7 trillion dollars, no mean feat!
BTC.d at 30% would equal BTC 2.1 Trillion or $110k per coin.
Solana 🚨🚀🚨 - New All Time High, when...Solana 🚨🚀🚨
I guess SOL direction new All Time High is in when we see a clear weekly candle close above $147👀
All not finished yet... and any correction would be healthy on first view😎
Your thoughts dear Crypto Nation?
Crazy times dear Solana Community 🚀🤘
Comments💭, Likes♥️ & Follow🔗appreciated🤗
Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
>$140 SOLANA AFTER BTC ETF APPROVAL
Macro-wise SOLANA is currently in the top 5 based on market cap and is performing extremely well in terms of active users and DEX volume. The BTC ETF approval is on the horizon and institutional money is getting ready to pump spot BTC purchases which is going to bring everything up in the coming weeks.
On the day chart the trend remains strong. The cRSI is within an oversold area while the price remains within the trend. RedK indicator is showing that selling energy is comparatively low to the buying energy. Interest in selling is declining along with the volume. Its likely that we're seeing some profit-taking at this level of the rally and buyers are waiting for a better entry.
Given that the recent dump in BTC cleared up a large amount of over-leveraged positions, I think its normal to see SOL cool-off for a bit before we resume momentum to the upside.