Did Biden call the top of the market?Hello there!
My trading positions on my previous posts are still active.
Actually, I did not take this ETH short, but it was also a very good opportunity.
So I expect a big drop.
Stay safe!
Best regards
Solanausdt
SOL/USDTStill Range bound but I think this will unfold and go to the downside in the near future.
This kind of moves happen quickly and it's hard to get the perfect entry when they start.
So I'm starting to scale in here.
Sol to single digits this year.
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Solana Path to the MoonHello Everyone, have been a while.
This is my prediction for solana path on the 12 hours chart.
History always repeats itself.
Also yesterday's drop was meant for that.
Macd, RSI are positive for solana.
Support was hit already so if we kept this price and above, will be very bullish for solana which is already late.
$SOL - H&S Pattern - 30% Drop - Target $16Bear Market Rally is over?
H&S Pattern - 30% Drop - Target $16
SOLUSDT: No Position, No Problem! WAIT❗Hi Traders, Investors and Speculators of the Charts 📈📉
Let's take a comprehensive look at Solana - and this analysis could hold true for many top altcoins at the moment, since we see very similar price action across the coins with the higher market cap values.
Technical Indicators:
📈Phoenix Ascending containing the RSI, LSMA, EMA and momentum (buyers or sellers control)
Indicates that short term buying pressure has run out
📈 Fibonacci Bollinger Bands
Price is currently rejected at the basis of the BBands on the weekly. Without a strong close above, the macro trend remains bearish
Chart Analysis:
Immediate support zone is around $18, a likely place for a correction to land
Fibonacci Retracement shows that should the bull run continue full steam ahead, next target after the short term correction is around $40
Remember to check out related ideas on Bitcoin and Cardano below!
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sol 36% to next major resistancesol 36% to next major resistance we first need to break past 37 and hold
SOL has just flashed the strong bearish signal!Hello, traders!
Solana is following the Bitcoin and has also flashed the strong bearish signal on the 1D time frame.
After reaching the 0.618 Fibonacci retracement of the previous downside impulse price got rejection. Moreover it formed the true confirmed bearish divergence with the MACD, which is the strongest signal in technical analysis.
What about targets? I expect BINANCE:SOLUSDT price at $17 , which coincides with the 0.61 Fibonacci zone of the uptrend impulse.
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solana short ideasi hope the picture is enought to explain. can type today.
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ENTRY IS 23.272
Solana shortSolana bounced off the upper boundary of horizontal channel. Bearish movement to support level at 22.25 is possible.
SOLUSDT, key zones to watch and two points to buy 📈 UpdateHello guys, This is an update of previous analysis (blow link), Everything is explained on the chart for you like always. Our first buy point has been activated and you can manage your position and profit. The price is still below its main resistance. The second buy point will be activated after breaking the resistance and pullback to 28$. The targets will be 38 and 48.
Good luck.
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Solana buyPeace be upon you, the downward channel has been hacked. In the four-hour timeframe, there is a very positive candle. Now the price is moving in a sideways area. And a high probability of going up once the liquidity enters the market. What do you think dear 🤔
APTOs is taking the place of SOLANAMuch has been said about the dramatic increase in the price of APTOS this year. Surely it looked like a good short ... as @cryptomanran said, it is up 100s of percent. But, when you consider the price behavior of Solana during this time, regress the two against each other or against ETH ... You will see that it has really been a typical pattern that indicates a bullish bet is being made for APT in favor of SOL ... look at the way they trade and you will see them get jiggy when we approach the level of 0.60 - 0.62 for the ratio of APT to SOL (APT/SOL). Seems like some big Solana bag holder is doing the swap. Not investment advice ... just what I am working on right now.
SOL positioned for breakout! (mobile phone releasing early 2023)Right shoulder is above the head and is primed to move through that ascending channel into a range of $26 USD. Don't be surprised if we achieve that before midnight Sunday. Be enthused when you see it back at the $30 USD mark. Sell pressure has waned for a reason. Fundamentals are out, Solana Mobile is releasing the worlds first and only crypto phone & every SOL based project is making a push to be in the dApp store. The major caveat being the SEED Vault.
A SEED is like having a phone in a phone. Your passwords & seed phrases are essentially air gapped. No one can access your SEED Phrase. No malicious third party can use an ad network too violate permissions. Thus making the phone & your Solana Quantum proof.
This isn't an ad, i'm not sponsored... i own a developer test kit model so i could beta test GRIZZLY HACK-A-THON projects. For the past two weeks it's given me overwhelming confidence to UP UP UP my SOL bags. No other chain has a 512 GB phone or a Quantum seed vault. Holding Solana is like holding Tesla stock pre-split. The business venture is backed by Google & Android.
EoY prediction for SOL:
$1355 USD is what i have personally set targets for on a per unit basis. No price prediction target forecast genuinely factors in the Solana Mobile venture.
The phone is ideal for .... "Blockchain Gaming", "Solana Pay", & NFT/credential storage
An analysis of the total Blockchain-wise NFT sales volume over the last 30 days would reveal that Solana is at the second position. Recently, Solana Ventures and the Solana Foundation formed a $100-million fund to help support the growth of NFT, blockchain gaming, and DeFi projects in South Korea.
The blockchain registered a month-on-month increase of over 18%. Ethereum, on the other hand, saw a decline of 23.75% during this timeframe. The recent spike in these NFT volumes ultimately renders SOL to be more useful while revealing the underlying growth of its NFT projects.Also, Meta's intentions to include Solana-based NFTs on Instagram reignites recovery hopes for the token.
USD 15.54 Billion
The global Non-Fungible Token (NFT) market size was USD 15.54 Billion in 2021 and is expected to register a revenue CAGR of 34.2% during the forecast period. In 2021 North America was attributed to 52.8% of global volume.
DYOR | Not financial Advice
Solana shortSolana bounced off the descending trendline. Asset bounced off the resistance level. Bearish movement to support level at 19.8 is possible.
Sol log scale break outSol did a little break out and back test horizontal trend line on the log scale. I used to use log scale a lot and going back to it this cycle to see if it assists. Not advise.
Solana SOL price will reach $31, the only question is how)Now, SOLUSDT buyers have one goal: to push the price as close to $31 as possible. There is a powerful liquid zone there, which is pulling the SOLANA price towards it like a magnet.
The only question is which way they will go there:
If they can confidently fix the SOL price above $23, then the blue route is realistic.
If buyers relax even for a second, sellers will become more active. They need to defend their short positions, which were gained on the "negative news around FTX and SOLANA." As a result, the red scenario and the drop of SOL price to the $13-15 range
Which scenario do you prefer, and which is more realistic in your opinion?
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SOL: Approaching ResistanceSolana (SOL) technical analysis:
Trade setup : Price bounced off of $10 support and broke above $15 level with robust volume, making a Higher High, a sign of potential trend reversal. Price has reached our target $25-30 resistance zone, which also lines up with 200-day moving average and a long-term down trendline. That makes that a very stiff resistance zone. Hence, we could see some profit taking pullback near-term. (set a price alert). Price needs to break above this stiff resistance area to indicate that buyers have soaked up all the supply overhang.
Trend : Downtrend on Short-Term basis and Neutral on Medium- and Long-Term basis.
Momentum is Bearish but inflecting. MACD Line is below MACD Signal Line and RSI is below 45 but momentum may have bottomed since MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance Nearest Support Zone is $15 (previous resistance), then $10. The nearest Resistance Zone is $25 – $30, then $40.
SOL/USDT Trend Analysis Solana showing 2 options for a short-term trade either to the upside or downside. Do we re-test and push into the demand zone or break down back towards the Support region?
I'll be looking to short or long in the highlighted Purple areas depending on DXY / ES.
SOL: Approaching ResistanceSolana (SOL) technical analysis:
Trade setup : Price bounced off of $10 support and broke above $15 level with robust volume, making a Higher High, a sign of trend reversal. Price has reached our target $25-30 resistance zone, which also lines up with 200-day moving average and a long-term down trendline. That makes that a very stiff resistance zone. Hence, we could see some profit taking pullback near-term. Price needs to break above this stiff resistance area to indicate that buyers have soaked up all the supply overhang.
Trend : Uptrend on Medium-Term basis and Neutral on Short- and Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $15 (previous resistance), then $10. The nearest Resistance Zone is $25 – $30, then $40.
Opportunity for pending orders once price leave the channelSolana has been bouncing thru a pretty tight channel.
I see opps to put pending orders once the volatility will hit the price.
Use trailling to secure profits.
it's not a finnacial advise =D
