Solana SOL price can rise. Do you believe at miracle?)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 block in the south, etc.
But the project survived, the price has remained at a good level, and technically, it doesn't look the worst for an altcoin.
And now, perhaps, there is a light at the end of the black streak: there are rumors that $7 billion of FTX has been restored, and the exchange will be relaunched in the next six months. And Solana's developers say they will rewrite the blockchain so that the SEC has no complaints and the community votes in favor.
Hmm, maybe another miracle will happen and the SOLUSDT price will shoot up?)
There are a lot of liquidity zones above, so it will be difficult for buyers to push the price up, but the positive news background may help.
We believe that the medium-term target for t he SOL price of $50 is more than fair, and we'll see what happens next.
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Solana: Off you go! 🙌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 $64.63, where wave iii in orange should end.
Solana: Check! ✔️✏️As planned, Solana has worked its way through the turquoise zone between $22.45 and $17.82 and completed wave 2 in green. Now that this to-do is checked off, our crypto-friend should gather some upwards momentum, which should propel it out of the turquoise zone and further northwards to finish wave 3 in green. However, there is a 20% chance that Solana might not be able to activate the necessary drive and thus slips below the support at $16.01. In that case, we would expect the altcoin to develop a new low in the form of wave alt.ii in orange first before heading upwards.
solana short idea Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Solana LONG | Does this make sense to you?BINANCE:SOLUSDT
Hello all, I hope you're doing well. :)
OVERALL METHOD EXPLAINED:
In this 4H Solana/USDT Chart, I went trough the overall trend (bullish up until some point in the chart), used the Fibonnaci retracement tool (usually I use the "Golden Area" as of guidance ,from my point of view it doesn't have to be very difficult), identified key areas of support and resistance, and drawed out some waves to help understand any possible direction reversal.
A LITTLE MORE IN DEPTH:
Price has been trading sideways overall since a while ago, not really forming a decisive direction.
Therefore at this point, and after dropping so low, it was able to sustain itself for a bit around the 17 range.
After (most recently) going on up until the 21 range and maintaining the price there, with all the analysis and specially regarding the waves and the fact that it is sustaining in the 21 range, the fibonnacci helps see the TP at 34.91 and SL at 15.46 , forming a RR of 2 , which I see as safe, since upon continuation of this possible reversal there's always the possibility of moving the SL to breakeven or etc. (according to each ones methods).
What is your point of view?
Will the price do as I mentioned, or similar?
Let me know, and give me a boost if this makes sense to you!
Have a great day y'all.
SOLANA: CREATING SUPPORTHey guys, Happy New Year to all. Here's a quick update on Solana in 12 hours timeframe.
Solana has created support at $9.13 and we can expect a bounce back toward $12. The RSI is already at the oversold zone and it is likely to move in the upward direction. Breaking down below the support trendline will invalidate the bounce back.
Have a great new year, guys.
SOLANA and Mass Adoption drive the coinBINANCE:SOLUSDT
Solana make a partnership with Google Cloud and in next year we probably can see a digital EURO based on Solana blockchain
✅Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it.
Thank you.
Possible Targets and explanation idea
➡️This is a global chart. Downtrend line broke and 22 August wee saw retest on D1
➡️Long time period in accumulation zone -0.27 zone by fib usually investments area
➡️In case if SOL capitulate by my opinion last stage for SOL is 19-17 yearly support zone
➡️Strong signal to buy on Direction indicator confirmed
➡️Not sure in middle term if Sol will break previews ATH so minimal target where you can take a profit is 160-168$ per Sol
➡️Mass Adoption for next bull run can push price higher for SOL but remember - the big investors bought this coin on pre sale at 0.20 cents!
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
* Look at my ideas about interesting altcoins in the related section down below ↓
* For more ideas please hit "Like" and "Follow"!
SOLUSDT ShortAccording to the higher timeframes (4H, 1D), the price has been forming a rising flag ever since price touched the 26.2 support zone back in June. The price is now at the lower trendline of the channel, and it has formed another rising flag within the lower timeframe (15min, 1H).
I am anticipating the price will break out of the smaller timeframe channel, retest it, then break out of the larger channel retest it then maybe continue with the bearish momentum. My target is 22.0, which is a major support zone of this coin. So, for the next few days/weeks, let us monitor the price, wait for it to break out, and retest the zones so as to place our trades.
Entry price @32.0, Stop Loss @37.0, Tp1 @27.0, and Tp2 @22.0.
Remember, only risk 1-2 % of your account.
SOLANA $SOL #SOL - DOUBLE BOTTOM Accumulation SchematicI've Highlighted a possible double bottom here on Solana.
This is a accumulation schematic, not suggesting all time highs but if solana chops sideways here, I believe a break-out will occur for a bear market pump.
Drop your thoughts in the comments =)
Solana (SOL) formed bullish Gartley for upto 1047% huge moveHi dear friends, hope you are well and welcome to the new trade setup of Solana (SOL) coin.
On a monthly time frame chart, SOL has formed a huge bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Big opportunity in Solana supported coin -SRMThe buying levels are very good in this coin , for long term you can start invest now, if you looking for short term , check your risk analysis & grab this coin
Let's see how it will go