[Solana]Either $30 or $18.5 from hereEvery thing is clear on the chart....
SOL may not follow these path line accurately but overall scenario should be like this!
Long entry: Break of $25 zone and then holding that zone as a support will be bullish signal. And then stoploss should bd just below $23
Short Entry: If SOLbreak the the trend support line (lower black line) and then we should wait for a retest after break down of this line. If it gets rejected from the retest then we can enter for a short.
Solanaanalysis
Solana Analyze (Road Map)!!!🗺️Solana is running in Descending Channel. I tried to use Elliotte's wave theory to show you the Road Map🗺️ of Solana .
Solana Analyze Analyze (SOLUSDT) Daily Timeframe ⏰ (Log Scale)
Solana completed its Main wave 3 in the lower line of descending channel, and now it is on the way to the Main wave 4. The Main wave 4 can finish 49.8$-46$ OR 38.8$ & and at my TRZ (Time Reversal Zone). About Main wave 5, I showed you the targets of it in my chart.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
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Solana Analyze (Short term, Timeframe 15min, 01/13/2023)!!!📱Solana was moving in an ascending channel in the 15-minute time frame when Solana broke the lower line of this ascending channel, thereby confirming the end of the main wave Y above the ascending channel and PRZ(Price Reversal Zone).
I expect Solana will go down at least until the support zone.
Solana Analyze ( SOLUSDT ) Timeframe 15min⏰.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Solana SOL price may start correction in the coming daysA few days of the rapid growth of the SOLUSDT price has given many owners of the coin hope for super-strong growth.
But not everything is as good as it may seem at first glance.
Firstly, the SOLANA project is very much connected with FTX and Co (the show on this situation will last for many months, if not years). More details about the amounts involved and the number of SOLs involved with FTX we wrote in our previous ideas.
Secondly, the SOLUSD price is entering the liquidity zone of $13-16. In this zone, at least two groups of traders will sell SOL: those who unsuccessfully took a long position in November 2022 and sat through a 50% drawdown, and now will exit from the position to "zero" and those who bought SOL with limit orders at a liquidity level of $8, and now it's time to fix +70-100% profit.
In the medium term, we assume that the formation of a reversal pattern "Inverted Head and Shoulders" is possible
According to this pattern:
- risky buy zone of SOLUSDT around $10
- conservative purchase of SOLUSDT after a confident consolidation of the price above $16
The target for the development of this pattern is around $31
Given the fact that SOLANA is very much dependent on how the process of judicial proceedings over FTX and co. will take place. It is worth understanding that one news or tweet and the price of SOL can plummet.
Therefore, it is worth insuring your long positions with stops.
It is worth keeping limit orders to buy SOLUSDT around: $3.70, $2.25, $1.65 . And maybe someday you will be lucky with a super profitable purchase of SOL, like those who bought SOL a week ago at $8
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Financial Wave. SolanoVerbal speculation in the cryptocurrency market is a frequent occurrence.
One example is the news that rumors have spread online that Google is buying 2,800,000 Solana. Martin Folb, CEO of Token Dynamics, wrote about this in his microblog (twitter.com).
“Google buys 2,800,000 Solana at $10/SOL. Google now owns the 13th largest crypto wallet ,” wrote Martin Folbe.
Commentary: The reaction of the market is to pump prices, but if the news is fake, a dump occurs immediately. We look at Solana through the prism of the wave principle.
We decided to evaluate the global outlook for Solana and despite the strong decline, there is huge potential for growth. The fall in wave (2) looks complete or almost complete. Rising in wave (3) could bring Solana prices above the all-time high of $260. If the price of Solana falls below $8, our view will change.
Solana to 60-70 USD by end of 2023Indicators point to Solana long priming strong for price discovery into 60-70$ by end of 2023 or prior.
Potential run up to 1000$ by end of January 2024.
We are in accumulation period.
Short term forecast for January - February 2023 for Solana is ranging up to 27$ with occasional correction to 12$ no less.
Note: This is just idea I wish to share and comment with others, not an advice how to trade. Always do your own research.
A fast trade on solIt is a bearish market .
A fast trade on sol usd on a bearish basis .
A strong and fast sell we done . we must put a stop that shown in the graph as it couldnt pentrate the resisitance shown in the graph .
If it was broken we should leave it away
SOLANA: CREATING SUPPORTHey guys, Happy New Year to all. Here's a quick update on Solana in 12 hours timeframe.
Solana has created support at $9.13 and we can expect a bounce back toward $12. The RSI is already at the oversold zone and it is likely to move in the upward direction. Breaking down below the support trendline will invalidate the bounce back.
Have a great new year, guys.
SOL : Bounce soon...Solana has been trading at its support zone in the daily and weekly timeframe and is also following the ETH 2018 Fractal.
Currently expecting a bounce from here to the next macro resistance zone.
#Solana consolidates after dumping 65%, Resistance at $14.8Past Performance of Solana
There are glimpses of hope for Solana. However, SOL is bearish, and there needs to be a price action for this preview to change. As an illustration, the coin is down 65 percent from November highs at spot rates. Besides, despite gains across the board on December 8, SOL prices are within a bear-engulfing bar in the daily chart.
#Solana Technical Analysis
From the daily chart, Solana prices are under pressure. SOL stabilized on December 8, edging higher. However, the December 7 bearish engulfing bar defines the short term. Resistance is at $14.8, and bulls must break above the current consolidation for the uptrend to take shape. Ideally, if SOL edges above this week's highs, the coin could expand to correct the undervaluation of November 10. In that case, SOL bulls can target $18.1. Losses below $12.9 will invalidate this bearish preview.
What to Expect from #SOL?
Solana is plagued by their exposure to FTX and projects losing confidence in the network. The combination of these events could slow down SOL's uptrend.
Resistance level to watch out for: $14.8
Support level to watch out for: $12.9
Disclaimer: Opinions expressed are not investment advice. Do your research.
Solana descending triangle to 5 dollarBINANCE:SOLUSDTPERP
Next potential target and last station for Solana in this bear market
Pretty simple pattern. If we not break and hold with retest 17$ most likely we can see 5$ for Solana before next FED hike rate 14Dec. So drop according to size of descending triangle we can see around 7-10 Dec. Also with this drop we will close gap on Weekly candle 2021 =)
All targets and simple explanation on chart =)
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SOL price is in danger, read it if you have SOLANA 👇Today we will consider what prospects there may be for the SOL price
Yesterday, 11/14/22, Solana's website published an extensive update on how much Solana Foundation is tied to FTX/Alameda.
We will compress this information into a few paragraphs)
Solana Foundation owns 1mn cash or equivalent in FTX accounts, noting that this is less than 1% of their capital.
That is, we assume that the liquid capital of Solana Fondathion is +/- $100mn.
- 3.24 million FTX Trading LTD ordinary shares - the value is close to zero.
- 3.43 million FTT tokens - value at the time of writing +/- $7mn.
- 134.54 million SRM tokens from DEX Project Serum, which Samuel Banckman-Fried created on the basis of Solana in 2020. - value +/- $37mn
FTX and its cryptocurrency trading subsidiary Alameda Research (also co-founded by Bankman-Fried) have purchased more than 50.5 million SOL, which is currently valued at approximately $750 million. However, a significant portion of these SOLs is locked and have a monthly unlocking schedule that is scheduled until 2028.
Solana Labs, the company that represents the founders and major contributors to the Solana network, has also sold over 7.56 million SOL (worth about $112 million) to Alameda Research. All these tokens will be unlocked for trading in 2025.
Earlier, the CEO stated that Solana Labs was not affected by the FTX crash and has no assets on the exchange.
But the market is not fooled , and Japanese candlesticks show the mood of market participants rather than indicators. The price of SOLUSDT fell by -57% over the past week, while the price of BTC or ETH fell by -20%
Now the SOLUSD price has come to a very critical point.
If Solana finds additional capital, it will probably try to push the SOL price at least to $40-50. That is, the blue scenario can be considered very positive and unlikely, analyzing the current realities.
It is described above how closely SOLANA is related to FTX and its derivatives, so the price of SOL will react very strongly to any news related to FTX.
Below $13 there is no liquidity for SOL and a drop to $2-4 is likely - this is a very pessimistic forecast, but in the current realities it is quite likely.
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Soon will be a strong movement of SOLANA SOL price, but where ?The downtrend on the SOLUSDT price chart lasts exactly one year
The maximum in November 2021 was $260, and the minimum in June 2022 was $26. Painful 10-fold depreciation of SOL in just a year
For the last 4 months, the SOLUSD price has been in a long consolidation in the liquidity zone as in 2021. The exit from consolidation will be impulsive, strong and with a large %% value.
Fixing the SOLUSDT price above $31 will most likely give a good upward movement to $59 and $79
Fixing the price below $26-26.5 may provoke a depreciation of SOLANA by another -50%.
The culmination is coming soon - wait for it and jump on the side of the stronger ones.
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Solana SOL: Bad Days AheadHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Solana ( SOLUSD ).
The chart is self-explanatory. With the crypto market going through a correction, Solana may still have downside to go. See where I believe there may be strong support and possible bottom.
Included in the chart: Trend line, Support and Resistance Line, VPVR, Ichimoku Cloud, RSI, MFI and Volume .
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. More ideas below!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
Solana 2024 Mission- i am not really a pure fan of Solana because despites what they say " Solana is purely centralized by their own developers "
- that said they have liquidiy, nfts, some use cases, and well it's pretty fast and cheap fees ( when their blockchain works...)
- Everything is in chart.
- check older analysis here :
- Where will you be when SOL will take off ?
- Feel free to comment wisely and don't forget everything is purely speculative, so take it easy.
Happy Tr4Ding!
Solana Analyze (Short Term, Timeframe 15min,11/07/2022)!!!Solana was able to complete wave 4 on PRZ(Price Reversal Zone), while the wave was an extended wave.
I expect Solana will go down at least to the support line.
Solana Analyze Analyze ( SOLUSDT ) Timeframe 15min⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
SOLANA and Mass Adoption drive the coinBINANCE:SOLUSDT
Solana make a partnership with Google Cloud and in next year we probably can see a digital EURO based on Solana blockchain
✅Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it.
Thank you.
Possible Targets and explanation idea
➡️This is a global chart. Downtrend line broke and 22 August wee saw retest on D1
➡️Long time period in accumulation zone -0.27 zone by fib usually investments area
➡️In case if SOL capitulate by my opinion last stage for SOL is 19-17 yearly support zone
➡️Strong signal to buy on Direction indicator confirmed
➡️Not sure in middle term if Sol will break previews ATH so minimal target where you can take a profit is 160-168$ per Sol
➡️Mass Adoption for next bull run can push price higher for SOL but remember - the big investors bought this coin on pre sale at 0.20 cents!
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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