Solanausdt
SOL/USDT INV H&S WEEKLY TFAs we can see SOL is currently at the neckline of the inverse head and shoulders on the weekly TF. The next resistance level to break would be the $38 mark. If sol can push to this level and hold we could potentially see price return too trama by lux algo on the daily TF which is $58.385. The initial measurement of the head is approximately is 367% which is just below the 61.8% fib retracement of $102.44. I'm feeling very bullish about the status of BINANCE:SOLUSDT in the months to come.
Give me your thoughts down below I'd love to hear your thoughts on this potential bull run or constructive criticism.
Cheers
- Kaia Tait
SOLUSDT : Setting Up for a BIG MOVEHi Traders, Investors and Speculators of Charts📈📉
Solana / SOLUSDT has some GREAT upside potential from this point, and SOL is no stranger to parabolic upside movements. We know this because:
✅ SOLUSDT Macro Cycle analysis shows Accumulation Phase
✅ SOLUSDT established a clear bottom
✅ SOLUSDT is currently trading rangebound AFTER bearish cycle has completed
✅ According to market cycle / phase analysis, the next step to follow is the bullish cycle
✅ Clear support zone & resistance zone -ranges can be identified by using Technical Indicators
With the help of two technical indicators ( Marty's Moving Averages & CryptoCheck FlipMO v2) we can confirm the conclusion made from the analysis of the chart's macro perspective : we are currently trading in range-bound accumulation phase. It's not ideal to trade in rangebound zones between support zone and resistance zone since this is the ideal place for stop hunt algorithmic trading bots to trade, often causing shakeouts.
Even thought the price may continue to trade range bound for a period of time , the next big market cycle is clearly the bullish phase.
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CryptoCheck
CRYPTOCAP:SOL BINANCE:SOLUSDT COINBASE:SOLUSD BINANCE:SOLUSD BINANCE:SOLUSDT.P BINANCE:SOLBTC BINANCEUS:SOLUSD CRYPTOCAP:SOL.D OKX:SOLUSDT.P KRAKEN:SOLUSD
SOlong brudders its time Solana summer Solana summer les go bb
i need money this summer to go to the beach i need some old man sandles and a kiddie pool
Summer is here, and it's time to embrace the sun-drenched days with the spirit of adventure! Solana, the perfect destination for a memorable getaway, beckons with its inviting beaches and vibrant atmosphere. However, to make the most of this incredible experience, a few essentials are necessary. Firstly, money becomes a valuable asset to fund the exciting escapades and create lasting memories. Whether it's indulging in delicious seaside snacks or participating in thrilling water sports, having some extra cash ensures a worry-free summer. Additionally, the attire plays a crucial role in enjoying the beach vibes to the fullest. A pair of old man sandals provides comfort and style as you stroll along the sandy shores, feeling the gentle caress of the waves. Furthermore, a kiddie pool adds a touch of whimsy to the beach experience, allowing you to create your mini-oasis for relaxation and play. So, let's embrace the spirit of Solana, soak up the sun, and make this summer an unforgettable adventure by fulfilling these desires.
SOLUSDT - Falling Wedge PatternSOLUSDT (4h Chart) Technical analysis
SOLUSDT (4h Chart) Currently trading at $20.5
Buy level: Above $20.3
Stop loss: Below $18.5
TP1: $21.5
TP2: $23
TP3: $25.5
TP4: $28
Max Leverage 3x
Always keep Stop loss
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SOLUSDT are you rdy ? 🧨😉Well, well, well.
We want to do Solana analysis together.
Solana will first have a short trend from 19 dollars and 90 cents. After we started the downward trend from 19 dollars and 90 and a half cents, our target price for shorts is 16 dollars and 20 cents.
Well, after our trend took the shorts and reached our desired target, the upward trend of Solana will start from this price. So, for the long trend, from 16 dollars and 20 cents, our target will be 38 dollars and 17 cents. This was Solana's analysis.
Solana - SOLUSDT Bullish Cycle NextHi Traders, Investors and Speculators of Charts📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year 🏫
Solana / SOLUSDT has some great upside potential from this point, and SOL is no stranger to parabolic upside movements.
With the help of two technical indicators ( Bollinger Bands & CryptoCheck START V3.5 ) we can confirm the conclusion made from the analysis of the chart's macro perspective : we are currently trading in range-bound accumulation phase. It's not ideal to trade in zones between support zone and resistance zone since this is an strictive place for stop hunt algos to trade.
Even thought the price may continue to trade range bound for a period of time, the next big market cycle is clearly the bullish phase.
_______________________
📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍
We thank you for your support !
CryptoCheck
CRYPTOCAP:SOL BINANCE:SOLUSDT COINBASE:SOLUSD BINANCE:SOLUSDT.P BINANCE:SOLUSD KUCOIN:SOLUSDT BINANCE:SOLBTC BINANCEUS:SOLUSD OKX:SOLUSDT.P FX:SOLUSD
SOL to rally to $22.4 again?The confluence of FVG and bearish OB on H4 in the $21.8-$22.5 area meant it was a strong resistance zone.
Rising OBV and RSI showed buying pressure and upward momentum in recent days, which could see Solana rally to $22-$22.5 before reversal
Entry: $22.1
Exit: $19.8
Stop-loss: $22.8
R:R- 3.1
Solana (SOL) formed bullish Gartley for upto 25.50% pumpHey dear friends, hope you are well, and welcome to the new trade setup of Solana (SOL) coin with US Dollar pair.
Previously we caught almost 16% pump of SOL agains Bitcoin as below:
Now on a daily time frame, SOL has formed a bullish Gartley pattern for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
solana short idea Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
SOL Update 2023-5-8Its clear in chart that 20.5 DT is not a sustainable point and price could be change between 16 and 25 !
It Depends on what happens in the next point in 20!
Pay attention to the Point..
Note : This is a personal Idea and is NOT enough to trade!
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Im Chart ist klar, dass 20,5 DT kein nachhaltiger Punkt ist und der Preis sich zwischen 16 und 25 ändern könnte!
Es kommt darauf an, was im nächsten Punkt in 20 passiert!
Achten Sie auf den Punkt..
Hinweis: Dies ist eine persönliche Idee und reicht NICHT zum Handeln aus!
sol 4hr TF uptrend siganal insideHELLO friends
to day i find sol uptrend based on the demand zone reversal
trend line support break out and stop loss hunting
then reversal to the again trendline resistance
if possible to go to the downside based on bitcoin
my analysis basedon the trend line chart pattren and support and resstance
supply and demand zone
if i am wrong please suggest your valuble comment it will be help full for my trading journy
thanks .......................
SOL/USDT 1DAY UPDATE BY CRYPTOSANDERS Hello, welcome to this SOL/USDT 1 DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this CHART ANALYSIS: Solana (SOL) was another notable mover on Monday, as the token fell for a third consecutive day.
Following a high of 23.93 on Sunday, SOL/USD slipped to a bottom of 22.05 earlier in the day.
This bearish spell started after bulls were unable to force a breakout beyond a ceiling at the 24.00 mark.
One of the catalysts for this was the RSI, which also failed to surge past a key resistance level at 55.00
As of writing, price strength is tracking at 48.58, with the next visible floor at the 45.00 zone.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you.....
Solana LONG | Does this make sense to you?BINANCE:SOLUSDT
Hello all, I hope you're doing well. :)
OVERALL METHOD EXPLAINED:
In this 4H Solana/USDT Chart, I went trough the overall trend (bullish up until some point in the chart), used the Fibonnaci retracement tool (usually I use the "Golden Area" as of guidance ,from my point of view it doesn't have to be very difficult), identified key areas of support and resistance, and drawed out some waves to help understand any possible direction reversal.
A LITTLE MORE IN DEPTH:
Price has been trading sideways overall since a while ago, not really forming a decisive direction.
Therefore at this point, and after dropping so low, it was able to sustain itself for a bit around the 17 range.
After (most recently) going on up until the 21 range and maintaining the price there, with all the analysis and specially regarding the waves and the fact that it is sustaining in the 21 range, the fibonnacci helps see the TP at 34.91 and SL at 15.46 , forming a RR of 2 , which I see as safe, since upon continuation of this possible reversal there's always the possibility of moving the SL to breakeven or etc. (according to each ones methods).
What is your point of view?
Will the price do as I mentioned, or similar?
Let me know, and give me a boost if this makes sense to you!
Have a great day y'all.
What kind of reward do Solana SOL holders expect?The price of SOLUSDT has weathered yesterday's "helicopters" in the cryptocurrency market quite well. However, it is still in a downward trend channel since the end of 2021.
It seems that only the most steadfast holders of Sol remained, who believe in the Solana project and will not drain the token under any circumstances.
And if we also take into account the fact that FTX is expected to resume operations in the second half of 2023 and early 2024 with a return of 50-70% of the lost funds, this may play a positive factor for the Solana project.
Here, we have described in detail how closely Solana was connected to FTX and related entities.
So, as of the time of writing the idea, it looks like $19.50-26.50 is the zone for accumulating long positions.
Above $26.50, a powerful upward momentum should be generated to break the downtrend. The first target for such growth is 42-47$ , as the upper boundary of a long-term liquidity zone.
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