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Solanausd

SOLANA in a Descending Broadening WedgeSolana is on the hour in a Falling wedge in which the bulls are now pressing against the resistance line. However, a slight negative divergence has been spotted on the hour whether that will really have an effect on the bulls remains to be seen, This could give the price another swing downward. For the time being, if the price were to break out upwards, I expect the bulls to point their horns at $211, there will be some resistance around the psychological $200 once the $211 resistance is broken (incl re-test) there is a good chance we could also break the resistance of the bigger picture pattern, the Descending Broadening Wedge. Because if we look at the Daily Chart, we see the bulls and bears created an Descending Broadening Wedge. I drew a diagonal white “support” line where secretly the hope lies that if the bears bring the price more down a bit the bulls could support at that level. In the event of a breakout on the upside, there could be an opportunity for the bulls to seek out a new All Time High. I also like to share the link to Solana where the Consensus mechanism of Solana is explained. Because instead of a Proof-of-Work or Proof-of-Stake, this is a Proof-of-History at Solana and that is of course quite interesting and is explained in a fairly accessible way. solana.com 1H Keep calm, do your own research! trade safe and manage your risk. *(Disclaimer: this is not financial advice)*
by Tims.Technische.Analyse.
SOLANA 1H Falling wedgeSolana is on the hour in a Falling wedge in which the bulls are now pressing against the resistance line. However, a slight negative divergence has been spotted on the hour whether that will really have an effect on the bulls remains to be seen, This could give the price another swing downward. For the time being, if the price were to break out upwards, I expect the bulls to point their horns at $211, there will be some resistance around the psychological $200 once the $211 resistance is broken (incl re-test) there is a good chance we could also break the resistance of the bigger picture pattern, the Descending Broadening Wedge. Because if we look at the Daily Chart, we see the bulls and bears created an Descending Broadening Wedge. I drew a diagonal white “support” line where secretly the hope lies that if the bears bring the price more down a bit the bulls could support at that level. In the event of a breakout on the upside, there could be an opportunity for the bulls to seek out a new All Time High. I also like to share the link to Solana where the Consensus mechanism of Solana is explained. Because instead of a Proof-of-Work or Proof-of-Stake, this is a Proof-of-History at Solana and that is of course quite interesting and is explained in a fairly accessible way. solana.com 1D Keep calm, do your own research! trade safe and manage your risk. *(Disclaimer: this is not financial advice)*
by Tims.Technische.Analyse.
SOLANA will rise up in the following daysSolana will rise up, it's the best time to buy. as you can see it's now trading for around 195.25 dollars. and it's the best time to buy. also as I'm sure you have noticed, I don't like to do STOP LOSES or TAKE PROFITS when trading Crypto. because even if the price falls below, just give it time and it will rise up again. however, not like when you are doing CFD (contra for differences), then you need to make a stop loss. I really advise you now to buy and now since it's below 200 dollars. it will rise up to 250 dollars sooner. but when and how. let's leave them up to time. thanks !!
by SHYDRA777
MY NOT SO MINIMALIST ANALYSIS FOR SOLANA$SOL LOOKING FOR BEST EXIT 11.13.21 2109H +8 SINGAPORE Disclaimer: The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice. ALERT: NEARING TO OUR TARGET AREA OF VALUE (END OF OUR SWING TRADE): EXIT/MAXIMIZED APPLYING THE ELLIOT WAVE IMPULSE THEORY (CAUTION: VERY SUBJECTIVE) The Market has amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION. Congratulating all those who have climbed the SWING together with me. The BULL SEASON for CRYPTOS is dictated PRIMARILY by the BULLISH STRENGTH of BITCOIN and then ETHEREUM. We still have more room for the UPSIDE. Happy Trading! REMINDER: INDICATED ARE ENTRIES, PARTIAL EXITS/TOP-UPS, EXITS, and MAXIMIZED AREAS OF VALUE "FOLLOW THE WHITE RABBIT!" Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE where the MARKET will take you. HOW TO USE THIS MINIMALIST CHART Created on a MONTHLY, WEEKLY & DAILY Analysis (The Dynamics of the Market.) It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it. You can CLICK AND hold THE CHART and PAN or DRAG IT. TARGET ZONE IDENTIFICATION The LARGE BOXES (Tops and Bottoms) are MAJOR pivot points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR pivot points. These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS, and, if you wish to hold longer for a MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.) At times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market (CRYPTOS ONLY). Watch out for your Volume, Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology. Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work. Much thanks to My 3 Mentors. They are so much of a Blessing that I also wish to Share. Vive Le Autist! Vive Le Egalitarianism!
FTX:SOLUSD
by The_Crypto_Samurai
SOL/USDT ChartIf you follow, like and leave a comment about the idea or crypto in general I would be grateful. Now let's talk about SOL. The coin has been showing great strength in the market, and I think that there is large possibilities that a new ATH is going to happen. In the 4H chart I already identified 2 bearish deivergences. In the 1st one we can see that the coin had two corrections and easily bounced back to new ATH, and the same scenario can happen again. BTC reached a new ATH today and, from previous bitcoin ATH at 67k we saw altcoins catching up when BTC was stale. Currently BTC reached a new ATH. If the coin go down, alts will correct immediatly, but will slowly catch up to this new BTC ATH. The next few weeks are about to be crazy for crypto, and I think its important to mention that you should be trading with a safe risk/reward management. Please take my advice and don't trade with insane leverage at this time, mainly because the volatility will be huge. Comment your thoughts about the idea in general. Thanks.
Long
by Devan-CryptoCharts
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