the price action analysis on solana fastest chain by itself and i think it has the most powerfull chain , nice project make it interesting (buying crypto coins has FINANCIAL RISK)
The 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
Solana looks super bullish right now. But be aware of entry. We are at the significant resistance, and even if we will not have a deeper correction, at least enter long on testing one of the EMAs.
Fundamental Analysis: Solana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions. While the idea and initial work on the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation with headquarters in Geneva, Switzerland. The...
this chart emphasizes the above chart, we have been in a position like this before (purple rectangles) Growth for Solana should be huge A new indicator that im trying
📉 Expecting bullish price action on SOLANA as price rejected an important area of institutional figure somewhere around 80.00 zone, a risk long entry should be from there. But a more conservative entry would be if price will go above the last highs that will shift the strucutre from bearish into bullish. BITCOIN is very bullish meaning altcoins could go higher...
If you haven`t sold SOL at the beginning of the pattern: Then you could see in the chart that it is close to the $55 price target of the bearish chart pattern.
After A Long Time In My Calculation Solana Can Bounce Back From Here. Remember this Chart is Valid Only If BTC stay Stabile.. I am Not A Financial Adviser. And All Cherts Are Just My Study. So Please Do Your Own Search before open Any Trade. If You Like My Work Just Come and Join Me.
If you haven`t sold SOL here, when it formed the Head and Shoulders Bearish Chart Pattern: Or here, when a small bounce was obvious: Then you should know that after Solana Wormhole hack, Polygon Network hacked last August and Crypto.com’s hack last month, the security of crypto institutions such as DeFi platforms is questionable. My price target is the $70...
When i wrote this article i haven`t thought it would correct so fast: now i expect a small bounce up, before fulfilling the bearish chart pattern. Looking forward to read your opinion about it.
- this could be the last run for SOL in this bullmarket, i always liked to stay preservative in my predictions, but SOL was something... - if you stayed with me from the start when Solana was a few bucks, you already made a bunch of money, so don't be greedy and trade wisely. - now Solana went down and retraced for a long period of time, because after touching the...
let see what it does with this channel,two ways shown on the chart
From what we can see Sol has been trending bearish within a channel. The higher marked zone as acted as a very strong support once, however if we come back to it for a second time, it may not be as strong and be more likely to break. The lower zone we have marked which lines up with that $120 region, also has the 200MA and 320 EMA, which if we look back, have...
As explained on the chart, price has hit a key support zone and bounced which may now indicate a push higher may be coming
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...
SOLANA 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.
Since 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
Update! Update!! Solana is bullish, more momentum to the upside imminent for new All Time High. It earlier corrected almost 50%, formed higher lows consecutively After new daily support , shown at previous resistance is holding strongly, from here it bounced to hit same resistance for the third time in a row. This is now Cup and Handle pattern on the...