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Solanaanalysis

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
SOLUSD Double bottom and growth at least + 80%?Almost two weeks ago, we did our previous idea for a couple SOLUSDT Then at the price of $97 per SOL we wrote that the first tasty area of ​​purchase in the area of $​​90. As of today, this trade is relevant, but you can make some adjustments in the part of additional purchase of positions and movement of stop orders. Strong straits in the cryptocurrency market in recent days have made some changes in the charts of coins. However, the structure of the pattern "Double Bottom", which was written about in the previous idea - is not violated and has the right to life. If you are impressed by the Solana token, we suggest you take into account the following data to enter the tra de: Enter the position in the area of ​​$78-80 Stop below $75.4 (-4.5% of entry point) Take profit in area $145 (+ 83% of entry point) Profit/loss ratio 18/1 It is dangerous to keep the long position SOLUSD after confidently fixing the price below $75.4! After all, in this case, the structure of the pattern "Double Bottom" will be disrupted, and the cost of SOLUSDT will be able to fall by another -18-20% in the area of ​​$60-61 _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
by P_S_trade
22
#Solana Consolidates, #SOL Finds Support at $90Past Performance of #Solana Despite the crypto-wide dump, Solana bulls are comparatively firm. As per the formation in the daily chart, SOL is within a tight trade range, posting small losses against the rampant USDT. Nonetheless, sellers remain in charge since the coin is within a bear breakout formation, retracing from April 2022 highs. Solana Technical Analysis Solana bears are in charge, forcing SOL 30 percent from April 2022 peaks. Technically, SOL is within a bear breakout formation following the losses of April 8. As SOLUSDT consolidates with caps at $100—flashing with the 20-day moving average--and $90 on the lower end, the downside is the path of least resistance. Traders may wait for a clear trend definition, either above $100 or below $90, before aligning position with the merging price trajectory. A close below this week's low may force liquidation to Q1 2022 lows of around $80. Conversely, a refreshing lift-off above $100 may attract buyers in a move that may see SOL expand to $110 and even $140 in the medium term. What to Expect from #SOL? Solana's ecosystem is active, which may prop SOL in the medium term. At present, sellers have the upper hand with resistance at $100. Resistance level to watch out for: $100 Support level to watch out for: $90 Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer
Its possible that Solana price is finding its way to the bottomToday we bring to your attention the global chart of the pair of SOLUSDT As can be seen from the graph, for a long time the price of SOLUSD is not bad enough to moving the channels of dynamic fibolevels. Also, looking at the global chart Solana token, we can assume that at the moment the figure "double bottom" is formed Based on this assumption, we can offer you the following medium-term SOL trade to comply with the profit/loss ratio 5/1 Long entrance area $89-93 Stop below $77.70 Take profit around $157 _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
Long
by P_S_trade
36