Waiting for Triangle BreakoutIf any daily candle closed below the red trend line then price will go down and will not pump soon.
If price goes above the green trendline then price will pump to 30.
Solanausdt
My short setup on solana Short it from 23.899 stop loss 1HR candle close above 24.400 target 4.24RR mentioned in chart
Good luck .
SOL going bullish on the mid-and long-term TPISOL exhibits strong bullish sentiment for both the 3D (Long-term) and 1D (Mid-term) TPIs:
which indicates promising growth potential that may fill the channel fib level at 1 (~34).
Furthermore, SOL is currently displaying signs of outperformance compared to ETH:
A green SOL/ETH color implies that SOL is surpassing ETH, and if the bullish trend persists, SOL may offer higher returns in the mid-term.
Assuming that the CPI does not significantly erode market participants' confidence, alternative cryptocurrencies (altcoins) are expected to experience further growth, and SOL may be an excellent investment opportunity in such a scenario.
Still Long SolanaEveryone who was going to sell is out, - 90% off ATH. This thing is established and will be a big player in whatever stupid NFT video game whatever tokens start gaining traction. As you can see after the wedge break it hasnt moved, its flat lined. This is bottom or close. Not advise.
SOL descending channel broke out with NEWSSOLANA to launch Crypto-Focused "SAGA" smartphone on May 8th ( 2023 )
Not Financial Advice
This is for Entertainment Only
Solana offers us to get up to 22% profit from a single trade!Hello everyone! Today, Solana offers us the opportunity to gain up to 22% profit from a single trade.
As you can see on the chart, a symmetrical triangle pattern has formed, and after a sharp impulse due to the rise of Bitcoin, the asset has approached the strong Fibonacci level of 0.382.
It is possible to enter the position from this level, while also expecting a small correction of +- to the middle of the daily candle from the Fibonacci level of 0.382.
Take profit around the Fibonacci level of 0.618, which would result in approximately 22-23% profit.
This is not a financial recommendation, and everything you do is done at your own risk.
SOL/USDT 1DAY UPDATE BY CRYPTO SANDERSHello, 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) The weekend was recorded slightly higher, although price uncertainty was also higher.
SOL/USD topped out at $20.71 to start the weekend a day after sitting at a low of $20.33.
Saturday's activity shows Solana hovering near the long-term bottom at $20.15, and it follows a crossover of the moving averages (MAs).
The 10-day (red) MA moved below its 25-day (blue) counterpart at the start of the week, though it was unable to extend its distance from the trendline.
The 14-day RSI is staying close to its own support point at 46.00.
Unless there is a breakout or a move above the resistance, the SOL trend is likely to remain sideways.
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 shortSolana bounced off the upper boundary of descending channel. Bearish movement to support level at 19.65 is possible.
SOLUSDT Daily: 25/03/2023: Bull or Bear?!
You can see all the possible scenarios on the chart.
If you have questions, feel free to ask.
💡Wait for the update!
🗓️25/03/2023
🔎 DYOR
💌It is my honor to share your comments with me💌
SOL TRADEIf SOL can breakout through these levels it could make a run for $25 again. The chart broke down a bit today, but it could still turn around if the crypto market overall starts turning bullish.
Solana ready to pump 80 %Solana looks good.
We will either get a small pullback to retest the upsloping support or it will continue higher without giving a chance to load up.
Target for longs / Entry for shorts: 38,50 $
sol/usdtBased on the analysis of the #sol/usdt chart, it appears that there may be a minor decrease in value followed by a subsequent increase. It may be a
good idea to purchase and retain this asset in anticipation of meeting the next objectives outlined on the chart.
SOL needs to break and hold the red descending trend line.SOL has the capacity to move very quickly. SOL isn't without it's problems, but the true believers in this project have been stacking and waiting. The wait could soon be over!
SOL: Approaching SupportSolana (SOL) technical analysis:
Trade setup : Price was rejected $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. Price needs to break above this stiff resistance area to indicate that buyers have soaked up all the supply overhang and to signal trend reversal.
Trend : Downtrend across all time horizons (Short- Medium- and Long-Term).
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 $20, then $15. The nearest Resistance Zone is $25 – $30, then $40.
Solana long position (NEW)SOLUSDT has been ranging since mid of January 2023. Currently the price is in the mid of the range therefore we expect the price to retest the botom of the range around 20 $ or break the ressitance and continue the bullish move towards 37 %.
The ideal scenario would be if the price breaks the resistance and retests it as a support which would be the entry for a long position.
MACD is about to cross bullishly on daily timeframe. If it happens, most likely we will see the breakout of the resistance. However, everything depends on Bitcoin.
If Bitcoin dumps hard, Solana may break the support at 20 $ and go lower towards 14-15$ support which would be still bullish as the price would create a higher low therefore 14-15$ may be an entry for long position.
3 possible scenarios are shown on the chart.
Good luck
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
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.
Follow, like the idea and feel free to leave a comment.
Check out other ideas if you like this one.
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
