Solanausd
SOl - global trendline broken 😲😏A strong trend line has formed on the SOl chart on the higher timeframes. At the same time, the price has broken it, but there is no strong buyer reaction. If price tests the trend line as support, it could be a good buying opportunity with little risk.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
SOLETH hypothesis about 1/5 of Eth before 2022SOLETH graph made so bull filling for all the crypto till 2022
I think it will keep under redline in next future
But fib is showing that 1/5 of ETH for SOL is already in code, in a market, in technology, in psychology of us.)
MY NOT SO MINIMALIST ANALYSIS OF $SOLANA9.22.21
My Minimalist Analysis of $SOLANA
ENTRY ALERT: POSSIBLE UPCOMING ENTRIES
HOW TO READ MY CHART
Indicated are key support and resistance levels using small and large trading range boxes for ENTERING A SWING TRADE (Short - Long.)
Watch out for Patterns, Divergence, EMA, Candlestick Math, and your Fibs.
Further Analysis on price action is required on a 1HR-4HR chart when entering or closing a trade, depending on your risk appetite and trading style.
Disclaimer:
The findings/predictions of the following analysis are the sole opinions of the publisher of this idea and must not be taken as investment advice.
Thank You for your appreciation and support.
Solana Update 21/09/21: Potential Corrective Move back to $99Solana Update 21/09/21: Potential Corrective Move back to $99. See previous analysis below. Happy trading :)
Just over six days ago Solana was just 5% from the $150 price target forecasted at the beginning of the year. Within the last three days, Solana has gained over 49% in value, hitting our target at the 161.80% fibonacci level. From a quantitative, technical view It looks like Solana has topped. From here we can expect a small cool down period in the range between the 78.60% fibonacci level between $136-$121 before the next leg up on this parabolic run. Price target at the 161.80% fibonacci level @ $210 was met, the next target from here is at the 261.80% Fibonacci level (60% gain from current price level).
SOL , ABC correction.there is nothing much to say . just wait for the correction to be done. it's possible for SOL to react to 23.60% or 38.20% of Fibonacci , but 50% is much stronger support since it's on the channel line (white line) too.
so yeah guys , just wait for that , keep an eye on SOL .
our target is around 65-80 .
don't forget to like and follow btw...
SOLANA - 20% Correction Happened as Posted HereWe knew a correction would most likely need to happen and it did happen.
Price is now 20% higher so let's take a look at the charts and what to expect next.
With Bitcoin in focus and Solana having huge potentil to stay at all time highs, we offer you our chart with 3 keay levels to buy from or buy-again from!
One Love,
the FXPROFESSOR
Check our previous idea below and how we went short with a textbook analysis and trade
Solana Idea. Big IncreaseKey area is the yellow square poised intitially above 1.618 in the first circle
Then the second yellow square is very comparable however this time it is above 2.618 in he second circle
Both can be also assumed to be at the .236 fib retracement.
Solana I expect, despite the memes, a project that will align nicely with Ethereum, a possibly act as a competitor.
~$2300
Solana (Sol) Update 09/09/21: Solana New ATH $210Just over six days ago Solana was just 5% from the $150 price target forecasted at the beginning of the year. Within the last three days, Solana has gained over 49% in value, hitting our target at the 161.80% fibonacci level. From a quantitative, technical view It looks like Solana has topped. From here we can expect a small cool down period in the range between the 78.60% fibonacci level between $136-$121 before the next leg up on this parabolic run. Price target at the 161.80% fibonacci level @ $210 was met, the next target from here is at the 261.80% Fibonacci level (60% gain from current price level).
SOLANA looks tired hereI think the ride with SOL has ended but who knows, this chart could be horribly wrong. I'm just paying attention to the fib levels and it seemed like SOL just topped. As I see a lot of overhang here it may tank or continue sideways. But I think I favor the tanking scenario with many bag holders left in the short term as size buyers sit on sidelines until dust settles down. Perhaps $80 a good level to reload.
SOLANA- At Some point There Needs to Be a CorrectionIt's the third time attempting to go short on SOLANA, one once it went well so far.
Price has soared, the Fomo is growing, the media have discovered it and everyone now knows it...
so it's time to be careful.
Check my previous idea with Tokens built on SOLANA and know that I prefer those at this stage than the SOL coin itself.
One Love,
the FXPROFESSOR