Solanaanalysis
Solana can drop to 140Solana has recovered nicely after Monday's sell of and local low at 147. However, the price is under very important resistance from 180, old support that kept the price elevated since October.
I expect a new leg down from this coin and 140 could be the target and only a break back above resistance would change my opinion
SOLANA ROADMAP FOR THE NEXT 3-4 MONTHSEmissary over here.
Hello again everyone.
Today we take a look at SOL.
As you can see on the chart, offer and demand zones are noted by purple horizontal lines. Macrotrend support zones are noted by light-blue trend lines. We are aproaching one in the short term.
Entry zone is noted by the green box and exit zone, for me at least, is noted by the red box.
The roadmap, based on price action, is as follows.
I think from the current price well reach the 214 area. Then price will be pushed back again to 177, where I have a buy order placed at the moment. From there price will breakout local downtrend to the 239 lvl. Price then will come back to 214 or to our macro light-blue trend line at around 188. From there I think well have a clear path to reach ath once again. From there im out for the moment.
Thank you for reading the message.
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Also remember this is no financial advise, DYOR and trade at your own pace and risk.
Solana - Small Pullback then UP!Updated Idea for Solana
It can be seen that price even though bullish, moves downward out of the channel (chart on the left) and then recovers back into the channel, what I am proposing is that this occurs again (placed green oval)
On the right chart, I have plotted similar points on the 'MavilimW' indicator that support this dip hypothesis
I do think SOLANA has big potential
SOLANA LONGS 💰💰💰Expect the price to make another leg to the upside potential making new ATH's, we are in a bullish market structure on a daily timeframe. Price made the retracement move back into discount market on fibonacci,huge spike below the 200$ where i think a lot of stops of those who went long are, whales liquididated them and we have green line to the upside right now.
Comment below what you think .
SOLANA stiil in Uptrend ScenarioSOLANA stiil in Uptrend Scenario. Seem support looks strong on EMA 50 TF 1D, Trendline Area and Support Fibonacci 0,618 area.
The target around 263 and 324 for new ATH. As long as BTC calm it will happen soon. Until now is good sign of bullish eventhough there is correction.
Solana (SOL) 1H Near Future PredictionsTechnical Analysis Summary
SOL/USDT
TREND ANALYSIS
We have 3 downtrend which is currently active in red
The wider the stronger the downtrend
FUTURE PREDICTIONS
We have many resistanse and support levels that I have mentioned above.
I use thickness as an indicator of stregth of levels (ONLY FOR VISUALS).
Yellow support level are levels from the past (more for explanation purposes rather than entry points)
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
SOLANA will rise up in the following daysSolana will rise up, it's the best time to buy. as you can see it's now trading for around 195.25 dollars. and it's the best time to buy. also as I'm sure you have noticed, I don't like to do STOP LOSES or TAKE PROFITS when trading Crypto. because even if the price falls below, just give it time and it will rise up again. however, not like when you are doing CFD (contra for differences), then you need to make a stop loss. I really advise you now to buy and now since it's below 200 dollars. it will rise up to 250 dollars sooner. but when and how. let's leave them up to time.
thanks !!
Solana- Great R:R trade for 300+ targetSince September's correction and 122 bottom, Solana has traded very constructively, putting in higher lows and higher highs on our chart.
Now the price is above the resistance given by the old ATH and we can expect further gains from this coin.
The target can be 300+ and only price back under 200 would negate this bullish scenario
Solana Strategy- Did you notice that after the last run i stopped posting about Solana ? so here the reasons.
- if you followed all my Solana older analyses, normally you are rich already and no need to trade anymore, so maybe you are still trading for fun ^^.
Remember how violent was Solana Train, Brutal, raging like a formula 1 in starting blocks. But.....when a project makes a rush like that, i take my benefits and switch to another project.. one witch didn't start yet to move up.
- so now you have to remember the first rule of Fibonacci, " Everything going up, have to go down! ". i am not saying that SOL bull run is over yet but i can feel in movements some incertitude and a lack of power for now. SOL have to grow with BTC and if the power of SOL trend starts to be weak, it would mean if BTC dip, it will be a bloodbath, and you don't want to be there.
- i always do everything for free and try to protect my followers from a brutal REKT, i am here to grow peoples and learn also from the others.
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So this is my trade recommendation for SOLANA :
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- now have ABSOLUTELY NOTHING TO BUY, SOL is in a Triangle and the price is more closer from the downside.
- i do not recommend to buy between 150$ and 110$, it could be dangerous.
- if the triangle is broken up again, Buy SOL around 185$++ ( BUY BREAKOUT in Graph )
- if the triangle is broken down, Buy SOL around 100$ ( REBUY ZONE 1 in Graph )
- Keep some Juice in case of more Dip and Rebuy SOL around 65$ ( REBUY ZONE 2 in Graph )
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- TAKE PROFIT : before 335$ ish
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Stay Safe, Armor yourself with Patience and play Wisely !
i will post some of my older analyses in comments.
Happy Tr4Ding !
Solana Bullish Projection for Xmas Day 2021This analysis demonstrates a sheer bullish trend up until xmas day 2021. The analysis merely justifies what a common spot-holder should expect as we enter a massively rewarding season for altcoin hodlers. The projection is limited to a value of certainty, disregarding inevitable news articles and media attention that may increase the interest of others into purchasing Solana. Based on my technical analysis, the positive infrastructure and the NFT blockchain, Solana is among the most promising altcoins that you could buy in this latter part of the year! For context, I've been involved in Solana since it was worth single figures. Enjoy!
AB = CD harmonic pattern |symmetrical triangle| W patternAB = CD harmonic pattern + symmetrical triangle market is breaking the resistance then it will create ATH or otherwise, double tops are also formed here.
The market seems bullish with a double bottom and W pattern.
Do your own analysis I am not responsible for any loss.
Sol Chart Analysis ? Solana #SOL USDT 4H Chart SIGNAL by CryptolernersBD
♻️ Sol Here Looking Juicy But I Will Suggest All Of You , Buy After Breakout $165 Price. If Price Successfully Close Above Then We Will Take Entry. At This Moment Lot's If Trader Taken Entry After Breakout The Triangle Pattern. Now Price Can Br Manipulated To Hit Their SL Or Complete The Head & Shrouder Chart. If You Are Following My Chart Than Wait For Breakout My Price Range. And Our Stop-Loss Will Be The 4H Candle Closing Below The $149.5.
Don't Forget To Manage Your Risk. Always Use Stop-Loss & Wait For Breakout ...✅
1D Chart...
Solana (Sol) Update 20/09/21: Solana New ATH, the road to $309 Solana (Sol) Update 20/09/21: Solana New ATH, the road to $309. Solana looks like one of those Alt-coins that will match BTC performance and may even outperform BTC in Q4 with an already explosive growth during the last 3 quarters. From here it is important to see SOL reacts to the ATH price price around $195 to $216. Since reaching a new ATH on the 9th September @ $216, Solana been struggling to regain enough momentum to break above the 78.60% since September 11th when Sol retraced by of 40% from $190 to $115. Sol has been consolidating in the range between $168 and $138 range for over a month (36 days). From here we can expect a break above the 78.60% and a retest of the ATH at $216.
Our current price Targets for Solana from the current price:
127.20% Fibs at $257 (50% Gain)
161.80% Fibs at $309 (78% Gain)
261.80% Fibs at $459 (166% Gain)
423.60% Fibs at $702 (305% Gain)
Please see previous analysis below. Happy Trading :)
9/09/21:
Just over six days ago Solana was just 5% from the $150 price target forecasted at the beginning of the year. Within the last three days, Solana has gained over 49% in value, hitting our target at the 161.80% fibonacci level. From a quantitative, technical view It looks like Solana has topped. From here we can expect a small cool down period in the range between the 78.60% fibonacci level between $136-$121 before the next leg up on this parabolic run. Price target at the 161.80% fibonacci level @ $210 was met, the next target from here is at the 261.80% Fibonacci level (60% gain from current price level).
6/09/21:
Solana is now at a New ATH $154. The Solana Moonshot is clearly leading DeFi Summer. Three days ago Solana was just 5% from the $150 price target forecasted at the beginning of the year, It has grown over 10% since then. From here we can expect a small cool down period in the range between the 78.60% fibonacci level between $136-$121 before the next leg up on this parabolic run. Price target from here are at the 161.80% fibonacci level @ $210 (49% Gain from the current price level).
Solana Update 03/09/21: Moonshot leading DeFi Summer, Solana is currently 5% from the $150 price target forecasted at the beginning of the year. From here we can expect a small cool down period in the range between the 78.60% fibonacci level between $118-144 before the next leg up on this parabolic run. Price target from here are at the 161.80% fibonacci level @ $210 (49% Gain from the current price level). Please see previous analysis below. Happy Trading :)
We could see a $150 Solano very very soon, only 24% away from the 461.80% fibonacci extension . $150 Solano would mean If Solana had a market cap of $43.0B, 1 SOL would be worth $150.00. Since the buy signal triggered on the 3rd August with the 13EMA crossing up above the 50 SMA , Solano has grown over 400% in the past month. We forecasted a $150 EOY target for #Solano, it looks like we could reach this target Early September. Defi summer is happening and Solano, Luna, and Avax are all leading the way. We can expect similar growth moves in Polygon (Layer 2) over the next few months and We believe Solano is only just getting started here. Happy Trading :)
Key Info on Solano:
It is evident that one of the most focal dilemmas that the blockchain sphere faces is the issue of scalability and slow transaction times; Solana aims to fix this vital issue that needs to be remedied. Boasting 60,000 transactions per second, one of the fastest blockchains in the world and growing, Solana has the team, the community and the resources to propel blockchain into the mainstream sphere of influence. This is a new era for blockchain technology, an era of transaction times that rival mainstream and antiquated methods of transaction validation and processing. Solana will be a project and network that will accelerate the adoption of blockchain technology. This is just the beginning.
Solana Will Visit $90.00 as Imperfection FitsSolana has claim to have the fastest blockchain in existense.
Starting on March 2020 and the register price at $25 on August 4th 2021. Skyrocket up to $200 in just a few week.
Now currently trading around $145 (when the article is written)
With the lowest average cost of transaction, perhaps SOL could be the next Ethereum as their build has a promising capability.
Grape Network raised with over $1.2 million from venture capital firms.
Solana, which is often billed as a next-gen “Ethereum killer”
—a faster, cheaper, more user-friendly version of the blockchain network that gave birth to programmable money
In the made for the perfection has come to the imperfection when its the price has to find the other symmetry to pair with the system
for the the developing price as for the ATH on above $200.
Yet we have seen the price has climbed so quickly, the price will still find its support for the stable base foundation.
The price of SOL is the price of development.
The price will not same to the development progress but the anticipation is there waiting for the system to be able functioning in real life project
as it got more than 400 project spinning alongside with the NFT.
As the anticipation rising, the price devalued gradually.
I am predicting the price will once visit $90.00 again after it reached its ATH at $200.
Stability is a must as the environment of the SOLANA it has once broke the system rules when it did not follow the Bitcoin and crypto rules due to the massive pump over time by massive hype speculative and investor.
SOLANA How dip it can go?!In fact SOLANA one of the most performing and reached top of the alt list this season. Only by summer the price increased by an enormous 800% percent.
I think this could be the possible end of the growth for this project at least for this year.
Now I am expecting a correction movement in the range of 130$ and 100$ USD.
I cannot recommend any long term buys in this price action, cause things can be extra choppy in the range.
Best regards
Artem Shevelev