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Solanausd

Pullback now completed in daily chart. will SOL test 35$ again?In the daily time frame, the pull back has completed the downtrend line and the price is expected to decrease to the $ 38 area, and from there, it will start its uptrend up to the $ 60 area by forming a double bottom pattern. My prediction is that with the price fluctuating in the range of $ 35 to $ 60, Solana will enter a triangle, which at the end of the triangle is expected to break the downtrend line to reach the important $ 80 range, which has very strong resistance. Keep in mind that all of these behaviors also depend on the price trend of bitcoin. These statements are only personal opinions and are not a signal to trade.
Short
by Reza_Samiee
2
SOL on the resistance zoneHello fellow traders! Currently SOL is on the verge of a possible break out of the month long downtrend channel. The pros are; the WEEKLY bullish divergence taking place. (shown on last chart) The MFI has support at 70. Price has support at 100 ma (4 hr) *opinion* undervalued project The cons are; SOL is at the top of a month long resistance channel RSI showing resistance at 60 Currently in downtrend Let me know you're opinions :) Good luck and set stop losses!
FTX:SOLUSDLong
by KYLEKILLJOY
Solana poised to take off soonHello fellow traders. Just a comparison to a previous bear market Sol was in, and I noticed there's a bit of similarity to how its structured. Not saying this is the bottom, but if past history will rhyme this time, we might see some bullish sentiment take over. Also note the rising MFI and falling price, indicating that the selling pressure is decreasing and gives us a clue that a turn in the market might be close. Sol currency can be used to purchase NFTS for many projects. Seeing that NFTs are seemingly taking of in the metaverse, this alt coin seems undervalued as it stands today. Comment your opinions! Good luck and set stop losses!
FTX:SOLUSD
by KYLEKILLJOY
7
Solana Analyze (Short Term)!!!😉Solana is on the last wave of its Zigzag Correction. The Structure of the main wave C can be Ending Expanding Diagonal. The end of microwave 4 of main wave C can make Bullish Gartley Harmonic Pattern. The end of microwave 4 can be around 39.3$ until 39$. Also, I tried to show you the end of main wave C (Zone) in my chart. Solana Analyze ( SOLUSDT ) Timeframe 15min⏰ (Log Scale) Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
Long
by pejman_zwin
5
SOLANA is now in for an ABC correction. Close to bottom!SOLANA is finishing up its overall correction pattern, currently in a downward (corrective) wave (v) which has already its proper 1,2,3,4,5 in place (impulsive) and is currently in the subsequent ABC correction phase which "should" bring the price in the $35.33 "ish" zone. As long as this set up is maintained (and we all know how changing this environment is!) possible alternatives in my opinion are: SOLANA already hit its low @ 35.75 and will not go lower than that level, SOLANA will hit its low peak somewhere between $35.75 and 35.33 and then initiate the long trip to recovery, and SOLANA is still in for yet another lowest low, perhaps even in the $30 zone (less likely but technically possible, in the $20 zone) and ONLY THEN, initiate its way back. What to look for? watch $40 level and $35.75 level, both crucial in determining the trend and mood (with a close eye on "Father Bitcoin") ;)
FTX:SOLUSDShort
by Ivanbole71
AT CryptoScan: SOLANA PotentialJust looked into Solana and can’t help but notice a triangle formation. The recent crypto rout dislodged it out the bottom of the triangle, and it appears to have popped back in. Noted that typical failures of pattern failures indicates the direct opposite; for this case, exit and Dee try into the triangle at the bottom suggests that it should find the exit of the opposing side (a break out). MACD is supportive of a recovery post-reen try into the triangle; and this comes in the form of a bullish divergence observation. What needs to happen is no further breakdown (and instead recovery) for the next 14 hours to the close of the weekly candle.
FTX:SOLUSD
by Auguraltrader