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.
Solanalong
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
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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.
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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.
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.
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 $100-million fund to help support the growth of NFT, blockchain gaming, and DeFi projects in South Korea.
The blockchain registered a month-on-month increase of over 18%. Ethereum, on the other hand, saw a decline of 23.75% during this timeframe. The recent spike in these NFT volumes ultimately renders SOL to be more useful while revealing the underlying growth of its NFT projects.Also, Meta's intentions to include Solana-based NFTs on Instagram reignites recovery hopes for the token.
USD 15.54 Billion
The global Non-Fungible Token (NFT) market size was USD 15.54 Billion in 2021 and is expected to register a revenue CAGR of 34.2% during the forecast period. In 2021 North America was attributed to 52.8% of global volume.
DYOR | Not financial Advice
Solana to 60-70 USD by end of 2023Indicators point to Solana long priming strong for price discovery into 60-70$ 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.
Trading opportunity for SOLUSDT SolanaBased on technical factors there is a Buy position in :
📊 SOLUSDT Solana
🔵 Buy Now 12.95
🧯 Stop loss 11.22
🏹 Target 1 15.44
🏹 Target 2 18.33
🏹 Target 3 38.20
💸RISK : 1%
We hope it is profitable for you ❤️
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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!
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✅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 SHORTERM SCENARIO Hi guys, After solana Restart the network, still maintenance lower high and keep the uptrend move. i think in a shorterm this week at first month in october solana will reach
37$ Again if can sustain in a raging area (Green Area). If Can't sustain, solana will going to 25$. So if you solana holder.. please prepare for the worst. Becuase we all know. Uncertainly in this situation make a trader or investor confused. so don't be greedy. cheers.
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 =)