On the D1 chart the trend started on April 04 (linear regression channel). There is a high probability of profit taking. Possible take profit level is 45.45 Using a trailing stop is also a good idea! Please leave your feedback, your opinion. I am very interested in it. Thank you! Good luck! Regards, WeBelievelnTrading
#Solana chart update: Solana is currently one of the most significantly dropped coins, having fallen almost 50% from its ATH. However, it has reached what seems to be its lowest point. We've arrived at the Fibonacci 0.5 support. I don't think it will go any lower from here. It might hover around these levels for a bit until the Iran-Israel issue calms down, and...
SOL / USDT SOL reclaimed the key support on HTF and showing clear bullish pennant As long as the above details are intact likely it is heading towards a new ATH soon
Based on the previous analysis I had done earlier, I anticipated that a bullish momentum will build. This coin is now forming a bearish flag, which IMO is a strong indicator for a potential bull run Let us wait for the price to test the resistance zone so that we can have a clear entry position.
$SOLANA Chart Update: Looking at the CRYPTOCAP:SOL chart, we see a very attractive and well-formed bull flag pattern. Currently, the price has reached the support level of the formation, which coincides with the Fibonacci 0.618 level. If it takes support here and rises, it would confirm the upward momentum. Targets: 1. First Target: Fibonacci 1 level at $210 2....
Solana (SOL), a prominent blockchain platform known for its fast transaction speeds, faces a hurdle in its current price uptrend. Despite a 5% rally on , on-chain data suggests challenges that could hinder SOL from decisively surpassing the $190 resistance level. Let's delve into the factors contributing to this hesitation. Resistance at $190: A Psychological...
Solana is struggling to break bullish $157, the key intraday resistance and needs support from SOLBTC chart. A bullish break-out of $157 will offer more upside towards $169-175. Another re-test of $150 followed by a bullish rejection and a break-out of $157 will lead to SOL price moving towards $169-175. More details are in the signature.
Another little gem on the Solana network is Shadow. While all the Layer 2 coins have had their chance to pump, Shadow has really waited patiently behind the scenes. Not many people know about it because it's not listed on any of the CEX's. I used Jupiter (a Solana Dex) to get mine. Anyway, I think SHDW could pump soon. I am setting my target to around 2.40, taking...
Solana dipped to below the key daily resistance zone of $144-$151 however it is back into the narrow daily range, where it has been consolidating for the last 4 days. A daily candle closure above $151 will push Solana price towards $167 and higher. An inability to sustain the price action above $144 will result in price declining towards $126, the key daily...
Solana appears to be in a favorable position, showing a clear and rational price movement without signs of being overly pumped or in a bubble. It has retraced from previous areas and we've observed price reactions in the short-term highs, likely due to buyers starting to take profits who buys around the $20 mark. Additionally, the price retraced to $100, which...
BONKUSDT finally broke the descending triangle after almost 2 months of consolidation. The ideal would be for the price to retest and continue its upward movement, I am bullish wizards with altcoin season coming.
CRYPTOCAP:SOL Coin Update !! • Support levels near me= (81$$-79$)-75$-67$-54$ • Possible scenerio in my mind🧠... Till Solana Coin Price Trade above 79$-81$ we are able to expect in next 2-5 days solana coin price touch 90$-95$-100$+. • Otherwise price drop downword on there support levels that i mentioned above🙂. FOLLOW ME FOR MORE FREE UPDATES !!
Solana is at a key resistance level from what used to be Support in March of 2022. This resulted in a hard selloff throughout the crypto market, leaving us wondering what comes next. Are we pulling back then continuing? Or are we heading back down to the $32 area? How do we trade this? 🤔 More price action is required to justify a market entry. Here's what we do...
Here's my recent trade set up for SOL that will go through to Jan 1st 2024.
Solana pulled back to the bull channel support after ripping to $68.00. We're seeing some strong bull channel support at $51.00, but is it enough to continue the trend? There are a few ways we can look at this chart, let's explore. How do we trade this? Entering a trade at this level is weak. Bull channel support and the previous resistance levels are very...
Solana has broken out of the 4HR bull channel and is beginning to pull back to the channel top. Contact with the channel top is a crucial moment in deciding which direction the price is likely to go. A bull signal bar followed by a 4HR confirmation bar (bull bar closing near its top) is what we're looking for to remain long. A bear bar closing near its low below...
We are impressed by the Solana project, at least because of the way its creators, developers, and holders are fighting for its existence. The last year has been difficult: either the closest possible connection with FTX, or recently Sol was included in the list of "securities" from the SEC. There were also many minor breakdowns, such as the absence of a mined...
Quite commendably, Solana has placed the low of wave ii in orange in our target zone and has started the expected ascent. Now, the altcoin should keep up this trend to make it above the resistance at $26.55. This should provide our crypto friend with further upward momentum, which should help Solana to reach the next goal: the orange zone between $46.05 and...