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Solanashort

SOLUSDT🔍 SOL/USDT Long-Term Analysis 📉 The SOL/USDT chart provides a long-term forecast, highlighting significant dates that may present key opportunities for strategic moves in the market. • April 22, 2024 - Red Line: This date marks a potential significant peak in the market. Traders might consider this as a critical moment to take profits or reduce exposure, as the price could encounter resistance or a downturn. • March 16, 2026 - Green Line: This date indicates a potential significant low, offering favorable conditions for accumulating SOL or entering long positions, anticipating future growth. Note: The exact timing of these phases can vary by +/- a few weeks. This forecast is based on the current long-term model and should be used in conjunction with other analysis tools to confirm market trends.
Short
by trushkovskiy
I see a negative scenario for SOLANA, will we drop below $100?Hello everyone! I want to warn those who have open LONG positions on #SOLANA. In the local perspective, we can expect a decrease in the asset down to $92.5 as a head and shoulders pattern has formed on the 1-hour and 4-hour timeframes. The situation is also negative on the daily and weekly timeframes. Since the last local price high on February 14th, I have been seeing selling pressure. The week also started negatively. However, the drop may not be as deep, as we have support in the form of the 200-EMA and the strong Fibonacci 0.236 level, which is at the round number of $100. Therefore, I believe it would be wise for those trading with leverage to reduce their positions, and for those with extra funds to place buy orders at the following levels: $100 $96 $92.5 In the global perspective, after this correction, I expect growth towards $150. This is not financial advice, everything you do, you do at your own risk!
Short
by neverovv
3
SOLUSDT - THE CORRECTION IS IMMINENT (TARGET $64)As Bitcoin has announced its breakout, it is clear to me that the general crypto market correction is happening. Solana will not be exempt. Here is my analysis: What is on the chart? (follow the steps) 1) A daily FVG that serves as a support zone. 2) The descending trendline that is the main driver of this bearish analysis since it pushed price to form a daily descending triangle (employing the retail lingo so that everyone can understand). 3) Price wicking multiple times in the daily FVG confirming that it is indeed a 'support zone'. 4) A false breakout. This is the strongest short signal of the chart since it demonstrates how bulls failed to break the structure and pursue the rally. 5) A short structure setup which here just serves as a confirmation (I didn't personally enter there as I was waiting for BTC). 6) The imminent breakout that should be ruthless. These kind of corrections can make or break people. So I expect it to at least take out the $64 sellside level. NOTE: Don't let it go to your head. If you are over exposed, just minimize your risk and take a break from the markets. You control your investments not the other way around. As always, enjoy the rest of your day and happy trading!! ;)
Short
by Lexi_Is_Trading
SOL SOLANA Trade IdeaSOLANA has experienced recent downward pressure but is presently trading within a crucial support zone, as illustrated on the chart. In the event that the Dollar Index (DXY) sustains and strengthens its position, SOLANA might potentially move towards additional downside targets, given the typical inverse correlation between DXY and SOL. It is important to underscore that this analysis is offered solely for educational purposes and should not be interpreted as financial advice.
Short
by fxtraderanthony
8
SOLUSD - MY BEARISH SCENARIO (TARGET $67)I'd like to first mention that the downward breakout is only justified IF Bitcoin does the same. What do we see? (follow the steps) 1) The high that set the downtrend. 2) Price wicking in the daily FVG that will serve as our base ('support'). 3) A false breakout that is a major bearish signal, paired with the fact that BTC is in my opinion bearish too. 4) A short structure with a low taken out and retracement within a bearish FVG (in this case a 4H structure). 5) The expected dump where BTC does too. Hopefully you enjoyed this short analysis and I wish you a lovely day! Happy trading!! ;)
BINANCE:SOLUSDShort
by Lexi_Is_Trading
SOL → Solana Double Top Reversal!? Are We Going to $40 or $80?Solana is struggling at Previous Resistance showing signs that a major reversal is near. If the price fails at this level and leaves a raging red bear candle, what does that mean for the next trade? How do we trade this? 🤔 There are two ways to handle this chart, short scalp or wait to long. We cannot long at resistance, the Risk/Reward AND Probability are all bad, best to wait for a pullback to the 30EMA and look for a bounce. The RSI is above the Moving Average, but also over 61.00 and given the other data points, is weak evidence to support a long position. It may be reasonable to short-scalp this chart with a 1:1 Risk/Reward Ratio, entering the market on a smaller timeframe of the 1HR or 4HR chart looking for a bear confirmation candle. Scalp to the $52.35 area then move your stop up to the entry price, take another profit somewhere below the Daily 30EMA or whenever you see a bull reversal bar. This trade has a lower probability on this chart because we technically don't have a bear confirmation candle, which is why I recommend playing a smaller timeframe for a scalp and maybe swing the rest. Wait on the sidelines for a long. The Alt market is still relatively weak even though Bitcoin is showing some nice bullish price action, so we really need bullish confirmation candles to justify entering the market. 💡 Trade Idea 💡 Short Entry: $61.50 🟥 Stop Loss: $69.65 ✅ Take Profit #1: $52.35 ✅ Take Profit #2: $45.20 ⚖️ Risk/Reward Ratio: 1:2 🔑 Key Takeaways 🔑 1. Breakout to Downside of Bull Channel, Bias to Short. 2. Bear Breakout, Watch for Sell Signal. 3. Potential Double Top at Previous Resistance. 4. Still Above 30EMA, Watch for Support. 5. RSI at 61.00, above Moving Average. Bias to Long. ⚠️ Risk Warning! ⚠️ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like 👍 and comment if you found this analysis useful!
Short
by TraderEngineering
2
Solana and a few steps down...It seems that Solana has decided to go up with the "head and shoulders pattern" and comes down with the same pattern. A head and shoulders pattern is forming. If this pattern is formed and confirmed, the price will drop to around $52.50. Unless something extraordinary happens. Of course, these few steps down are very necessary and good in my opinion. Moving with this momentum is very dangerous. Anyway, I like Solana's moves. It moves very wildly. *** In my opinion, after this "head and shoulders", we will probably have another "head and shoulders" on a larger scale...
CRYPTO:SOLUSD
by Farid-110
#SOLBTC - Swing Down to Support (Big Short!)#SOLANA has had a couple of week right at the top of it's current trending channel, it's been testing this level of resistance but can't seem to break through! We've now received a Short signal on #Crypto #Tipster v2 so we can see the price heading down after this rejection at the top, the next layer of real support would only be after a huge 30% drop in price down to .0007 From here you can create a new small upward trend and see the price ranging this pinch point of the newly formed symmetrical triangle ~ until further notice.. If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
Short
by theCrypster
24
#SOLUSD - Get your Shorts On!#SOLANA was our trade of the day yesterday due to it netting a tickle under 70% gains in just 1 month! We've got a Short signal from Crypto Tipster v2 now.. Looks like #SOLUSD has once again been rejected by this upper trend line which would indicate a bearish move to the next level of support. The great thing about this #SOLANAUSD Short trade, there isn't much support until a decrease of over 30% has been made, hitting a newly formed upward trend line and a previous level of SR simultaneously; this would be our TP. If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
KRAKEN:SOLUSDShort
by theCrypster
26