Long $JTO JITOSolana eco popping off. Havent had time to post a chart to much going on in markets. Long JTO here. Not Advise, good luck.
Solanalong
SOL → Solana At Resistance! Will We Reverse? Or Pulling Back?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 have; a bull run with what appears to be the final leg up ending at a resistance level, an RSI over 70.00, and a massive bear signal to follow. These are the signs that the trend is about to change into a trading range then either a reversal or continuation. We need another failed attempt to break resistance to justify playing a reversal and we also need another show of support at the 30EMA or Support Zone to long.
Until then, it's reasonable to stay on the sidelines until more price action plays out.
🔑 Key Takeaways 🔑
1. At Resistance Zone after 3 Pushes Up. Pullback Likely.
2. Aggressive Selloff at Resistance, Need More Price Action.
3. RSI Over 70.00, Supports Pullback or Reversal.
4. Look for support at bottom of Resistance Zone or 30EMA.
5. Wait to Enter Market, Need Clarity on the Next Moves.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
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Solana Local Top PossibilityWhen things get trending on high time frames I am a big fan of line break charts. This one here on Solana has not yet confirmed red but RSI is very sus. Setting very tight stops on longs now. Also debating on scaling out of long term swing bags. Not advise, good luck.
SOL trade setup through December.Here's my recent trade set up for SOL that will go through to Jan 1st 2024.
$SOL Price Target: $75Solana has been on a tear the last few weeks, one of the best performing large-cap tokens this year.
How high could it go? Well, looking back to February of 2022 on the Monthly chart, $75 was the low point of the wick. Price recovered, and then fell through that level with the FTX collapse.
If CRYPTOCAP:SOL continues to climb, $75 would be a good place to take some profits.
SOL SOlANA Technical Analysis And Trade IdeaEngaging in a meticulous examination of Solana's charts uncovers a retracement pattern from its recent high, prominently evident on the 1D and 1W timeframes, we consider a further pullback. The pivotal consideration revolves around whether this retracement will escalate to a 1W entry point, or if there's a potential for a strategic entry at a 1D retracement level. Our video delves into the SOL analysis across these time frames, identifying two possible trade opportunities grounded in market structure, price dynamics, trend analysis, and other critical aspects of technical analysis.
It's crucial to emphasize that the insights presented in this content are intended strictly for educational purposes and should not be interpreted as financial advice. Participating in the cryptocurrency market inherently carries a substantial level of risk, and as such, it is imperative to judiciously integrate robust risk management strategies into your trading plan to adeptly navigate the challenges associated with these dynamic markets.
SOL next targetsNext targets for Solana BINANCE:SOLUSDT
Possible Targets and explanation idea
➡️Solana I think have a limitation for this pump till 65-81$ targets before correction
➡️Marked high of May 2021 will be like first trigger.
➡️Take profit line base on Take profit indicator exactly at M fvg
➡️Flags marked also levels for fixation profit before correction
➡️Based on Money Power indicator whales start fix step by step their positions
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.
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Solana poised to attract a million new users on Coinbase!Solana (SOL), a fast-growing blockchain platform, is anticipated to witness a significant surge in user adoption on Coinbase, and I believe it presents a unique investment opportunity worth considering.
Why should you pay attention to Solana? Here are a few key factors that make it stand out:
1. Scalability and Speed: Solana's innovative architecture allows it to process thousands of transactions per second, making it one of the fastest blockchain networks in existence. This scalability is crucial for accommodating the growing demands of decentralized applications (dApps) and ensuring a smooth user experience.
2. Developer-Friendly Ecosystem: Solana offers an extensive set of developer tools and resources, empowering creators to build decentralized applications with ease. This robust ecosystem has already attracted several high-profile projects, indicating the platform's potential for long-term growth.
3. Strong Community Support: Solana has garnered a dedicated and passionate community that actively contributes to its development and expansion. This level of engagement is a positive sign, as a strong community can drive awareness, adoption, and overall value appreciation.
While investing in any cryptocurrency involves risk, the potential Coinbase listing for Solana presents an opportunity to capitalize on the anticipated surge in user adoption. However, as cautious traders, it is essential to conduct thorough research and evaluate your risk tolerance before making any investment decisions.
Considering the promising fundamentals and the imminent Coinbase listing, I encourage you to explore Solana further and evaluate its potential as an investment option. As always, it is crucial to diversify your portfolio and seek professional advice if needed.
Feel free to reach out if you have any questions or would like to discuss this opportunity further by commenting below. Let's navigate the exciting world of cryptocurrencies together!
Call-to-Action: Invest in Solana Today!
Don't miss out on the potential gains that Solana's pump could bring. Consider investing in SOL and explore its potential for growth. Remember to conduct thorough research, diversify your portfolio, and make informed decisions. Together, let's seize this exciting opportunity in the crypto market!
Disclaimer: This idea is for informational purposes only and should not be considered as financial advice. Always do your own research and consult with a professional before making any investment decisions. Cryptocurrencies are highly volatile, and there is a risk of loss.
coinpedia.org
Can SOLANA reach 100? Is it too soon?Yes I was looking short on Solana but SEC approved BTC-ETF. That's why every crypto pumps like its Bullrun. But few coins are much more likely to go even further and one of them is Solana. If we look closely Solana hadn't make Lower High since November 2021, all we had was little pullback to 140 area. If SOL close the candle below 32.5 in 1W TF I might consider to go in long position.
SOLANA CLOSING IN ON BUY ZONESolana has been battered heavily by recent events and overall market price action. Fundamentals stay unchanged, SOL GMI. Even the darkest night will end and the sun will rise.
SOL - 10/10/23SOL retraced right near the DEMAND $16 and then ran up to the SUPPLY at $24, now its making its way back to $20.77 area, I will be looking for a bounce here to move back up with it the chart is still bullish till $14 is broken!
Solana - Textbook AccumulationIt doesn't get any better than this as far as accumulations go. Straight out of a textbook. Link to the schematic below
www.google.com
SOL looks to be getting ready for a run to $24SOL has already made a good move from the $15 range, but I think we will see a move to the $24 - $25 range in the short-term. Keep tight stops if you are using leverage.
SOLANA BULLISH IDEA (DOUBLE BOTTOM)Potential Bullish Entry Dow Theory In Place -
Higher High and Higher Low Expected in Place
Formation of double bottom coupled with bullish divergence (Bullish reversal pattern)
Entry, SL & TP Levels are defined.
W10-32 SOLANA BULLISH IDEAPotential Bullish Entry Dow Theory In Place -
Higher High and Higher Low Expected in Place
Formation of double bottom coupled with bullish divergence (Bullish reversal pattern)
Entry, SL & TP Levels are defined.
long idea for $SOL - hoping to play in the next 4h - 1.49 R:RThis is my analysis and idea only. Do not take this as financial advice, and please do not base any trades based on this chart, or any content I post. These are my thoughts only. Operating in crypto is dangerous and can quickly stack up big losses. Always study, and do your due diligence.
Solana buyPeace be upon you, the downward channel has been hacked. In the four-hour timeframe, there is a very positive candle. Now the price is moving in a sideways area. And a high probability of going up once the liquidity enters the market. What do you think dear 🤔
SOL positioned for breakout! (mobile phone releasing early 2023)Right shoulder is above the head and is primed to move through that ascending channel into a range of $26 USD. Don't be surprised if we achieve that before midnight Sunday. Be enthused when you see it back at the $30 USD mark. Sell pressure has waned for a reason. Fundamentals are out, Solana Mobile is releasing the worlds first and only crypto phone & every SOL based project is making a push to be in the dApp store. The major caveat being the SEED Vault.
A SEED is like having a phone in a phone. Your passwords & seed phrases are essentially air gapped. No one can access your SEED Phrase. No malicious third party can use an ad network too violate permissions. Thus making the phone & your Solana Quantum proof.
This isn't an ad, i'm not sponsored... i own a developer test kit model so i could beta test GRIZZLY HACK-A-THON projects. For the past two weeks it's given me overwhelming confidence to UP UP UP my SOL bags. No other chain has a 512 GB phone or a Quantum seed vault. Holding Solana is like holding Tesla stock pre-split. The business venture is backed by Google & Android.
EoY prediction for SOL:
$1355 USD is what i have personally set targets for on a per unit basis. No price prediction target forecast genuinely factors in the Solana Mobile venture.
The phone is ideal for .... "Blockchain Gaming", "Solana Pay", & NFT/credential storage
An analysis of the total Blockchain-wise NFT sales volume over the last 30 days would reveal that Solana is at the second position. Recently, Solana Ventures and the Solana Foundation formed a $100-million fund to help support the growth of NFT, blockchain gaming, and DeFi projects in South Korea.
The blockchain registered a month-on-month increase of over 18%. Ethereum, on the other hand, saw a decline of 23.75% during this timeframe. The recent spike in these NFT volumes ultimately renders SOL to be more useful while revealing the underlying growth of its NFT projects.Also, Meta's intentions to include Solana-based NFTs on Instagram reignites recovery hopes for the token.
USD 15.54 Billion
The global Non-Fungible Token (NFT) market size was USD 15.54 Billion in 2021 and is expected to register a revenue CAGR of 34.2% during the forecast period. In 2021 North America was attributed to 52.8% of global volume.
DYOR | Not financial Advice
Solana: Here Comes the Sun 🌞Solana wrapped up the green wave 4 within the green target zone within $22.41 and $17.78 and should be good to go to start an upwards trend. Imminently, we’re expecting the coin to exceed the resistance line at $26.55 and pulse further North to complete the green wave 5.
Solana , 20% chance în the next hours
SOL’s price has surged 114% so far this year, slowly recovering from losses from early November.
Solana to 60-70 USD by end of 2023Indicators point to Solana long priming strong for price discovery into 60-70$ by end of 2023 or prior.
Potential run up to 1000$ by end of January 2024.
We are in accumulation period.
Short term forecast for January - February 2023 for Solana is ranging up to 27$ with occasional correction to 12$ no less.
Note: This is just idea I wish to share and comment with others, not an advice how to trade. Always do your own research.
SOLBTC '2D' - Long Range Forecast of 50% Gains!Just checking out the state of SOL at the moment - with a recent further dip down after huge losses throughout November. Are we now going to see the price bounce back a bit to touch the downward trend line that has formed? Or could we possibly break upward through this trend line?
It's quite a long range forecast lasting until mid-April so there will be plenty of smaller term trades to be made within this overall trend back to historical levels of support.
