Solana Rising Wedge Breakout, Dec 26Solana pattern broke from bottom after it reached ATH target (4.236 Fib)
This is how I imagine Solana path
This scenario is valid till price is under the red trend line. Even it's possible that sol reach near ATH again and then go down
Anyway, I expect the wave 5th of Solana
Solanaanalysis
SOL Solana: 1D Chart ReviewHello friends, today you can review the technical analysis on a 1D linear scale chart for Solana (SOLUSD), a cryptocurrency.
Quick Analysis:
1) The price of Solana is currently in a Descending Parallel Channel which has been respected for over a month.
2) The price failed the re-test of an important support line when the price was going up, however that line will potentially be resistance going forward.
3) The price entered back into a consolidation channel which it was in for over a month in September-October 2021.
4) If the price continues to fall, keep an eye on the danger line as it would be one of the last areas of support.
5) RSI (relative strength index) is hovering around the oversold region.
6) Stochastic RSI (Stoch RSI) is in the oversold region.
7) The Volume is low compared to the recent Volume each day.
What are your opinions on this?
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments 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 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...