SOLANA First Objective $60Similar to my views on ETH - SOL is still poised to go lower and there isn't anything bullish that I'm seeing as yet.
BTC still hasn't convinced my that it's bearish . In fact - there is a lot of people talking about BTC is to go higher due to what's happen in Russia. Public sentiment is bullish - I think it would be a nice time to drop price while mainstream money starts to buy.
Drop a comment and share your thoughts.
I'm sitting on my hands & capital waiting for a hard sell off. I'm not rushing to invest, the market isn't running away so why chase it?
- Maradona Capital
Solanausd
Solana (SOL) to $310 in Q3-2023Hello everyone,
I've been studying the market for a long time, about 15 years now. Cryptocurrencies have been in my portfolio since 2015.
In my time of analysis I've noticed multiple trends in long term, they seem to be reoccurring through all cryptocurrency. They're either different styles of bear/bull wedges or flags .
Lately I've been thinking about the possibility of another bull wedge or bull flag in the long term, the shape is merely beginning, hence the possibility of this idea.
The idea is that we'll see another long triangle stretch of a variation of a bullish falling wedge , that is if we break through the current bear pattern.
I've calculated that we by Q3-Q4 of 2023 we'll see a new ATH of Solana, around $310 .
As everyone knows, the war between Ukraine and Russia is bringing a lot of tension on the markets. These are uncertain times, and with uncertainty comes indecisiveness.
We're still in the phase of resistance , the very first step into the journey of acceptance . Google it, it's worth a read and applies to many new concepts like crypto.
Believing that the cryptocurrency will grow in the future like it is doing now, people will keep on holding their cryptocurrencies with staking.
Banks and governments will ultimately have to bend and shape into the new way of digital economy, you see this happening everywhere.
Let me know what you think, thanks for reading.
~ Murkemur
SOLANA (SOL) | Let's Try To Use Psychological Break!Hi,
Not much a criterion or something but the odds should be in our favor. A full Daily close above the round number/above the psychological number $100.
The break occurred with a kind of low volume so, do not go all-in :)
Considering current situations then the major target is TP1 and the invalidation area is marked with red - Daily candle close inside or below the marked zone will gut the trade.
Do your own analysis and trade cautiously.
Regards,
Vaido
Solana 70% below ATH but the bear market is not finished yet!A clear impulse move can be identified in the SOL (3rd leg extended) .
After the 5th wave of in impulse, there should be at least an ABC for the correction.
SOL is in the middle of that ABC. A huge move could be on the way after the end of correction.
A good price for the end of correction can be around 20-21$ and it need at least one year to get there.
Notice: this is not a financial advice
SOLUSD Solano - 24 full chart pattern -i tried the Publish video idea and recorded the whole process but i must have done something wrong. I saw someone yesterday who had used it successfully so i will try again. This is the chart i created for that video. Im going to zoom in and try the video again at smaller levels. Im interested in buying more of this coin. I am just curious about its sustainability. The internet seems mixed. Any ideas out there please join in. Yes i chart weird. I am an artist, this is a process i sed to examine closely the details and patterns emerging. Right now i am marking the anticipation of the FED, I want to see what pattern they create, if they are smart they are making money on their own waves. But that remains to be seen, technically their current solution is spend more and devalue the dollar with inflation . Archaic systems are not changing properly, the correction may need to be physical shifts.
SOL Solana Price Target after the hackIf 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 support.
Looking forward to read your opinion about it.
SOLANA Expected Price Range for the week of 7 Feb to 14 Feb 2022Here is my analysis based on market profile point of control (POC; using VSFR), prices range and fair price from the week before.
Will it remain in range in expected price range, cross overbought and jump to the next range, cross oversold and fall below range?
Enjoy!
Solana can rise to 130-135 resistanceAfter dropping from November's 260 high to 80 low at the end of January, Solana, like all crypto market, has started to recover and now is trading above 100 important figure.
I expect this rebound to continue and we can see SolUsd challenging 130-135 resistance.
I'm bullish as long as 100 holds and dips towards this zone should be bought in search of a good r:r.
A drop under 90 would negate this scenario
Solana Pay makes Solana move upwardsSignals:
Position: Long
Entry price: 103 range
Price Target: 150 range
Indicators:
Fractals: The fractals are showing a bullish trend, as the fractals are showing a red symbol.
Alligator: The alligator open downwards by the end of the 2021 and seen now in February has this alligator started to open upwards.
RSI: The RSI is showing pump upwards to the 40 level and is showing further steam in this cryptocurrency.
Analysis:
The analysis shows strong fundamentals for Solana and this is a cryptocurrency to keep an eye on as it also shows signs of keeping the uptrend in the technical analysis where the fractals are showing a bullish trend is about to start which is backed by the similar movements in the RSI and in the Alligator showing the downtrend stopping reaching its bottom and starting a new trend.
As we have seen in the cryptocurrency market has the market been consolidating and this new announcement from Solana in regards to Solana Pay.
No financial advice
SOLANA 4HOURS CHART ANALYSISHello friends,
solana for sell cause he will see a downward to 172 and then you can enter as a buyer
targets:
tp2: 255
tp3: 373
DISCLAIMER: This is not an financial advice (its my own opinion) Please only invest what you can afford to lose, and do your own research before investing and don't forget after first target reached move ur stop to breakeven (stop loss is part of profit).
Please support my work by clicking the like button and follow me on TRADINGView, if you don't want to miss my next analysis.
If you have any criticism put it in a comment we are here to learn more from each other and thanks .
SOL : the art of the pamp : expand your expectationsSOL : the art of the pamp : expand your expectations
putting this out there so when it happens i can say i told you so
also gonna sell all my sol nfts at like 700usd, become a jillionaire, retire to my super yacht with several buxom young lasses. here i will hone my dj skills.
remember what happened in 17 with xrp contesting eths 2nd position for like 48hrs... thats gonna happen very soon with sol. or ada. but i think sol.
THIS IS THE WAY
LFG you degens
Solana is correcting a larger move Larger picture first. As you can see its a logarithmic chart but fibbs are on a regular scale. Because that's how its supposed to be what I have learnt and most notable CMT traders and even RN Elliot himself pointed that very clearly.
So we have completed primary wave 1 and now primary 2 which is a corrective wave is in progress. For primary 2 a typical .618 retracement is best to go with but in crypto we see deeper retracements 80-90 % because it's a very new asset class and is in the early stages of price discovery. This primary wave 1 was 82 weeks long. Its very likely that wave 2 will at least be around 25 weeks longs or ⅓ of time taken in primary wave 1 as usually seen. But it could even last longer than wave 1 in time, the only rule is that it should not make a lower low. As of now we are in the 7th week of wave 2 formation which is a very early stage.
So now i have to give evidence for what I claim. As you can see on RSI there are 3 secular tops. Wave 2 RSI lowest reading as usual. With Highest reading in wave 3 as usual. Divergence in 5 as usual and MACD bearish crossover. Wave 1 are related to wave 5. In this case of Solana timewise wave 1 and 5 were both 133 days. In term of price intermediate 1 was 4.48 and intermediate 5 was 247.49. Divide those numbers means wave 5 was 56x of wave 1. Number 56 is is next to 55 and 55 is a 10th fibonacci number. Check the Pic below-
Subwave counts on Log scale Below -
Focus on recent Corrective Price Action
Alternate count
Thanks for reading.
What are your thoughts ?
Happy holiday seasons.
Extreme Chart Accuracy So FarAbout a month ago, I posted this chart showing the exact path I thought Solana would take. So far, it has been extremely accurate. Now is a great time to buy.
SOLANA the last dance- 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 moon, it takes long time to come back.
- i will link in comments my SOL most interesting older analysis, i recommend to check them all to understand older moves.
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Trading Plan
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Buy zone 1 : 170-160$
Buy zone 2 : 159-145$
TP1 : 295-325$ ( Security TP )
TP2 : 450-500$
SL : under 120$
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Stay Safe and always follow TheKing for safety!
Happy Tr4Ding !