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Solanausdt

SOLANA usdt - Weekly🔵 #SOL usdt ⏰ 1W 📅 Dec / 25 / 2023 ⚪ As you can see, Solana after it managed to stabilize above $30, it entered an uptrend. If it stabilizes above $144, the price can reach the orange box. Support levels are shown in the chart, if reversals the trend. ---------------------------------- 📛 Follow the market trend and decide to buy or sell. ⚠️ (This isn't a signal for buy or sell) ⚠️ .......................................... 👸 Analyzed by : Parisa_Alipoor ..........................................
by parisa_alipoor
Waiting for further growth on SOLANA, with the next target 108$Hello everyone! As I mentioned in my previous ideas on SOLANA, the potential for price growth was around $60. As you can see, the price has reached this zone of interest and has been in this range for the past 3 weeks. Now we can consider further price growth. Currently, we are near the golden Fibonacci level of 0.618 from which we can consider entering a position with subsequent profit-taking at the next price zone of interest - $108. The overall profit would amount to 57%. This is not financial advice, and everything you do is at your own risk.
Long
by neverovv
Solana above 100. Still worth to buy?The recent evolution of KUCOIN:SOLUSDT over the past two months has been remarkable, experiencing a staggering 600% surge from its lows in October, and a 400% rise following the breach of the 30 technical level and confirmation of a bullish trend. Amidst the heightened enthusiasm of the past week, a crucial question arises: Is Sol still a viable buy at these levels? In my perspective, the answer is a resounding NO. While the technical analysis indicates a robust bullish trend, a closer examination of the chart reveals that the price is hovering dangerously close to an exceptionally strong resistance zone ranging from 130 to 140. Considering the recent surge of approximately 80% in just the last week, it becomes evident that a substantial correction is imminent. Taking a more extended view, I would recommend considering buying opportunities during price dips/corrections within the 70-80 zone. For those with a short-term and speculative approach, selling above the 130 mark presents an attractive risk-to-reward ratio. This is the potential trade I am actively considering if the specified price level is reached within the next 1-2 weeks.
by Mihai_Iacob
4
DGB It is trying to break the resistance 0.0090-0.0092It is trying to break the resistance 0.0090-0.0092. If it is able to break it, it will have a wonderful rise, God willing ✅ ✅ Trading around weekly resistance flips involves identifying key levels on a price chart where the market has historically shown a tendency to reverse. Here are some steps to guide you through this process: 1. **Identify Weekly Resistance Levels:** - Look at a weekly price chart to identify significant resistance levels where the price has historically struggled to go higher. - These levels are typically points where the price reversed in the past or where it has shown a strong reaction. 2. **Confirmation:** - Once you identify a potential resistance flip level, look for confirmation from other technical indicators or tools such as trendlines, moving averages, or chart patterns. 3. **Monitor Price Action:** - Pay close attention to how the price behaves as it approaches the resistance level. Look for signs of price rejection, bearish candlestick patterns, or decreasing bullish momentum. 4. **Wait for a Reversal Signal:** - Wait for a clear reversal signal before taking any action. This could be a bearish engulfing pattern, a shooting star candlestick, or a strong bearish candlestick that closes below the resistance level. 5. **Risk Management:** - Set a stop-loss order to manage your risk. Place it above the resistance level to protect your position in case the price breaks through. 6. **Target Profits:** - Identify a target level for taking profits. This could be a nearby support level, the next significant support area, or a predetermined profit target based on your risk-reward ratio. 7. **Consider Fundamental Factors:** - Take into account any relevant fundamental factors that might impact the market. Economic reports, news events, and other factors can influence price movements. 8. **Practice Patience:** - Be patient and disciplined in your approach. Not every potential resistance flip will result in a profitable trade. Avoid impulsive decisions and stick to your trading plan. 9. **Risk-Reward Ratio:** - Ensure that your potential reward justifies the risk you are taking. A favorable risk-reward ratio is essential for long-term trading success. 10. **Keep an Eye on Market Sentiment:** - Monitor market sentiment through tools like the Commitments of Traders (COT) report or sentiment indicators. This can provide additional insight into the likelihood of a reversal. Remember that trading always involves risks, and past performance is not indicative of future results. It's essential to continually educate yourself, use proper risk management, and consider seeking advice from experienced traders or financial professionals.
DLong
by Crypto-Adda_Official
#SOL/USDT Reacjed All Targets but I did this mistake!#Solana: Reflecting on a Regretful Trade 😔 I sold too early, around $42 – a common mistake when chasing market highs and lows. I've learned from past errors, especially in the last bull run, and won't repeat them. So, what's the best move? Hold onto your coins for the next 18 months. Skip the 4-hour and daily charts; focus on the weekly and monthly, zooming out for perspective. These upcoming 18 months could redefine your game. Choose the right path. If this resonates, repost and boost. Share your thoughts in the comments. #WAGMI  🚀 #SOL #solana #SolanaDeFi
Long
by Cryptorphic
1
Solana (SOL) Flips XRP As It Tops Ethereum In 24-Hr DEX VolumeSolana's surge propels it to surpass XRP while achieving a milestone by leading Ethereum in 24-hour DEX volume. In a compelling twist of events, Solana ( CRYPTOCAP:SOL ) has soared to become the 5th top cryptocurrency by market capitalization, surpassing XRP on December 20. Over recent weeks, the bullish momentum in CRYPTOCAP:SOL ’s price has propelled it into the spotlight, posing a challenge to XRP’s position amidst choppy market conditions. Catalyst Behind The Surge Meanwhile, this surge is intricately linked to the rising popularity of the meme coin, BONK, flourishing on the Solana blockchain. So, let’s take a look into the factors behind Solana’s recent ascent and its price performance. Here’s Why Solana Poses Challenge On CRYPTOCAP:XRP The meteoric rise of Solana in the crypto hierarchy finds its roots in the success of the meme coin, BONK. Over the past weeks, the BONK price has experienced a remarkable surge, marking a substantial 80% increase in its weekly price. Meanwhile, the catalyst for this surge lies in the meme coin’s recent listings on major exchanges, including Binance and Coinbase. The support from these global platforms has catapulted $BONK into mainstream recognition, contributing significantly to Solana’s market cap ascent. In addition, Solana’s recent milestone of surpassing Ethereum’s 24-hour decentralized exchange (DEX) volume marks a pivotal moment in its journey. Solana’s proof-of-stake (PoS) blockchain has outperformed Ethereum’s chain for the first time since its launch in 2020. This achievement is attributed to several factors, including a surge in Solana Mobile purchases, substantial trading volumes associated with $BONK, and a prevailing bullish sentiment within the Solana ecosystem. As Solana continues to disrupt the crypto landscape, the industry eagerly watches its trajectory in the coming days.
COINBASE:SOLUSDLong
by DEXWireNews
🗺️Solana(SOL) Roadmap🗺️🚀Today, I want to analyze the Solana(SOL) project, which has grown more than ➕380% in the last 90 days . Does Solana continue to grow, or does it need to Rest ❗️❓ 🙏Please stay with me. 🌐In terms of Fundamentals and News/Rumors for Solana(SOL), Solana(SOL) is in good position, as: 🔸Collaboration with Amazon . 🔸Launch the Firedancer protocol . 🔸Solana's Total Value Locked ( TVL ) has grown well. ⚠️Of course, we saw the impact of all the above during these 90 days in the Solana(SOL) project chart. 🏃‍♂️Regarding Technical Analysis, Solana(SOL) is moving in the Ascending Channel for about a year, and now it is in the 🔴 Heavy Resistance zone($80.90-$56.20) 🔴 and near the upper line of the ascending channel. 🌊According to the theory of Elliott waves , Solana can be associated with 2-3 scenarios , which means that the grouping of waves with each other can be done in different ways, that Solana's falling wave structure from $260 to $8 was five waves ( main wave A ), so these rising waves created by Solana can eventually continue until the All-Time High(ATH=$260) , and there will be a fall again. In fact, all these waves that have been created in Solana during one year are in the form of the main wave B should be considered. 🌊The point that I can mention about Solana waves is that Solana seems to have completed its impulse wave 5 in the last 3 months soon and needs to be corrected to grow again. 📈Before the conclusion , it is better to take a look at the SOLBTC chart. 💡SOLBTC is moving near the 🔴 Resistance zone 🔴, and according to Elliott wave theory , it seems to be completing the main wave B with a Zigzag Correction(ABC/5-3-5 ). 💡From the SOLBTC chart, we can understand that if the cryptocurrency market falls , Solana will probably suffer more than Bitcoin in the future. If the cryptocurrency market grows , Solana will grow less than Bitcoin. 🔔As a result, according to the above explanation, I expect Solana(SOL) to Fail to break the 🔴 Heavy Resistance zone($80.90-$56.20) 🔴 and probably increase to around $81 at the most and then start to fall to one of the Fibonacci levels or 🟢 Support zone($30.50-$25.80) 🟢. ❗️⚠️Note⚠️❗️: If the 🔴 Heavy Resistance zone($80.90-$56.20) 🔴 is broken, I still think that Solana can increase (maximum) up to $260 , which of course, can be attractive considering the current price. ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. Solana Analyze ( SOLUSDT ), Daily time frame ⏰. 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 gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
79