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Solanaanalysis

Pullback now completed in daily chart. will SOL test 35$ again?In the daily time frame, the pull back has completed the downtrend line and the price is expected to decrease to the $ 38 area, and from there, it will start its uptrend up to the $ 60 area by forming a double bottom pattern. My prediction is that with the price fluctuating in the range of $ 35 to $ 60, Solana will enter a triangle, which at the end of the triangle is expected to break the downtrend line to reach the important $ 80 range, which has very strong resistance. Keep in mind that all of these behaviors also depend on the price trend of bitcoin. These statements are only personal opinions and are not a signal to trade.
Short
by DarknessEmpire
2
Trading Signal For SOLUSDT Solana Trading Setup: A Trading Signal is seen in the SOLUSDT Solana . Traders can open their Buy Trades NOW Rank : ⭐️ ⬆️Buy now or Buy on 27.65 ⭕️SL @ 24.60 🔵TP1 @ 37.80 🔵TP2 @ 45.70 🔵TP3 @ 61.87 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands If you liked our ideas, please support us with your likes 👍 and comments .
Long
by pullbacksignal
1
#Solana Slumps 90% from Peaks, the SOL Meltdown continuesPast Performance of Solana SOL prices are crumbling in reflection of the entire state of the crypto market. Bears have been relentless, and the sell-off had a massive effect on SOL bulls. At spot rates, the coin is less than $10 from H2 2021 lows. Currently, SOL is down eight percent in the last trading day and 30 percent in the last week of trading. #Solana Technical Analysis Bears are in control, and SOL prices are trading near 2022 lows. A close above $35 would be ideal for optimistic bulls. However, at the current state and sellers doubling down, every pullback provides entries for sellers targeting $22 in a bear breakout continuation pattern. With confirmation of steep losses from early May 2022, bears are likely to fully unwind gains of the second half of 2021. Thus far, there are hints of weakness with SOL bars banding along the lower BB and diverging from the middle BB pointing to strong selling pressure and high volatility. What to Expect from #SOL? SOL is weighed down by apprehensive traders and fundamental reasons such as network failures. These could feed bears, fueling the sell-off. At the current pace, SOL prices are likely to crumble back to $22 and retest H2 2021 lows. Resistance level to watch out for: $35 Support level to watch out for: $22 Disclaimer: Opinions expressed are not investment advice. Do your research.
BINANCE:SOLUSDShort
by Bitcoin_Analyzer
SOLANA is now in for an ABC correction. Close to bottom!SOLANA is finishing up its overall correction pattern, currently in a downward (corrective) wave (v) which has already its proper 1,2,3,4,5 in place (impulsive) and is currently in the subsequent ABC correction phase which "should" bring the price in the $35.33 "ish" zone. As long as this set up is maintained (and we all know how changing this environment is!) possible alternatives in my opinion are: SOLANA already hit its low @ 35.75 and will not go lower than that level, SOLANA will hit its low peak somewhere between $35.75 and 35.33 and then initiate the long trip to recovery, and SOLANA is still in for yet another lowest low, perhaps even in the $30 zone (less likely but technically possible, in the $20 zone) and ONLY THEN, initiate its way back. What to look for? watch $40 level and $35.75 level, both crucial in determining the trend and mood (with a close eye on "Father Bitcoin") ;)
FTX:SOLUSDShort
by Ivanbole71
SOL PUMP COMMING !!!!!SOL Breaks the symmetrical triangle to the Downside and now it is Trading at the Major Support Zone of $42.5-$40 . SOL needs to Hold This Support Zone to be bullish . I'm expecting bounce from this zone . If SOL Will lost this support zone then we may see 40% More Correction in SOL . Next Good Support zone IS $23-$22 .You Can Add some SOL b/w $42-$40 With the tight StopLoss Below this zone . Targets Will be $47 ,$57 , $70 . If You like My analysis Then Hit The like button to motivate me .❤️
Long
by cryptoGuider
1
SOL/USDT Next Target $100 Solana's price amid the recent slash has dropped below the trend line largely and may take a longer time to recover. However, the price has already flipped from the bottom and currently looking out for a base to propel high Currently, the price is trading above $50 and with a significant influx of volume may eventually bring back the price above the trend line which is close to $100, only if it surpasses $65 before the end of the week.
Long
by Coinpedia-Market-Insight