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Solanausdt

#SOL/USDT 1DAY UPDATE !Hello, welcome to this SOL/USDT 1 DAY chart update by CRYPTOSANDERS. I have tried my best to bring the best possible outcome to this chart. Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis. CHART ANALYSIS : Solana (SOL) If ADA failed at its key support this past week, Solana did not. Yesterday, buyers rescued the cryptocurrency at the $30 support level and even managed to push the price toward $32 today. This was a show of strength that was unexpected. Despite these efforts, SOL still lost 5.6% of its valuation in the past seven days. The resistance is at $34, and Solana appears keen to return on the uptrend considering yesterday’s price action. It may take a while for it to reach $34, but this seems more likely at this point. To do so, it is very important for its price to close in the green today and maintain this momentum. Looking ahead, Solana has only one mission: defend the $30 support level at all costs. If bears show any weakness, then the cryptocurrency can even attempt a break above $34, which would put an end to this consolidation that lasted since September. Sorry for my English it is not my native language. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
1
SOL USDT Price AnalysisYou can easily see that the left draws a clear harmonic pattern. There is only one problem. What price will point C correspond to? Although the C leg of the pattern also seems to be complete, there still does not seem to be complete price stability. There is a possibility that the price will fall to fibonacci 1.13 and change the current harmonic pattern to shark or another harmonic pattern. Even so, we can think that the start of the uptrend will be close. But we have another problem. If you are not an experienced investor, we see that you are trying to complete a harmonic pattern of the bear market, whatever its name. So even if there is an upward movement, strong downward sales will start again in the coming times. In this case, I think it will be safe to make piecemeal trades and enter stop loss orders. When you examine the bollinger bands and solana movements in the chart below, you see that the prices are stuck between the bollinger bands. The triangle on the chart does not indicate a pattern. Just consider it a geometric shape to show that prices are shrinking. The triangle has no meaning. It just marks how the depth of the bollinger bands has narrowed. The upper line of the Bollinger bands may be in an angular downward acceleration. This may be a confirmation that prices are still not pointing to an upward trend. It's not reliable, but I wanted to say it in terms of ideas. When we examine the movements of prices in the last week, we can think that this indicates an ascending wedge. Accordingly, we can expect a decrease of the same depth. You can also observe that the levels indicated in this chart and the previous supply zones are on the same plane. The important thing here is to determine whether the C leg will be at lower levels. If the area I pointed out with the current C is crossed, you can expect prices to return from fibonacci 1.13. Because the existing marked C leg will be invalid. As a result, even if the C pillar is crossed, we can foresee that we will not wait too long for prices to start an upward trend. Because the AB areas of the formation have been formed. For C, we can predict that enough time has passed, or even that it may have occurred. I think it would be a safe trade to buy and accumulate from here piece by piece and wait for the formation of the D leg. When we measure the resistance areas where the selling reaction may come during the uptrend of the harmonic pattern with the fibonacci levels of the harmonic pattern, you can predict that it coincides with the previous supply regions and that there will definitely be a sales reaction from here. Note: This is not investment advice.
Long
by CryptoBrainn
SOL/USDT 1DAY ANALYSISHi all, Solana is making a predicted move to the upside today. It's currently trading in a Unilateral triangle so we might still see a bearish push in the future to break down, but like everyone else I'm hoping it will break upwards. The analysis shows us that the current move is following a cup and handle pattern, with a Buy order just indicated by the 7day crossing over the 25day moving average. We are hoping that his will be enough of a push to break past the 99day moving average and up to the next major resistance at $48. If we however get rejected at the 99day we will see it drop back down to the bottom of this triangle before more consolidation at around $32. Good luck all and happy trading.
FTX:SOLUSDLong
by MikesCryptoTrading
#SOL/USDT 1DAY UPDATE !Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. Solana (SOL) 1DAY UPDATE:- The most recent rejection at the $38 resistance has pushed Solana’s price into a downtrend which lost 3% of its valuation in the past seven days. Now, SOL is found at critical support with the price hovering just above $30. Buyers will have to do all that they can to protect the key support, because otherwise, Solana will enter a very dangerous area that could lead the price towards a significant drop. In August and September, buyers were successful to defend the $30 support, but the current market does not favor them. The indicators do not give any clear hits on where Solana could go next and are rather neutral. This shows market participants are hesitating. Usually, this type of price action precedes a major move one way or the other. Therefore, best to be prepared for that. Sorry for my English it is not my native language. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
5
Solana Analyze (Road Map)(update)!!!🗺️First, let's take a look at the previous analyzes of Solana👇 Solana seems to be doing 😎well😎 on my waves. Currently, Solana is above the descending channel, and at the same time, it has managed to form a Bearish Engulfing Pattern in this area. I expect this decline to continue until the targets I specified in the chart. Solana Analyze Analyze (SOLUSDT) Daily Timeframe ⏰ (Log Scale) 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 be glad to 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
13
SOLUSDT 1D "Double bottom" or "Adam and Eve", SOL target $79-80A "Double bottom" or "Adam and Eve" trend reversal pattern is most likely formed on the SOLUSDT chart So far, all the necessary conditions have been met: - the first peak is sharp, with spikes and high volumes - the second peak has a U-shaped shape with low volumes In order to continue working out this pattern, the SOLUSD price requires: 1. Get a foothold at the top part of a global descending channel that has been going on for almost a year now 2. Break through and consolidate above $50 per SOL 3. On high volumes, break through the upper border of the global falling channel and reach the goal in the form of a strong mirror level in the area of ​​$79-80 per SOLANA token _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
by P_S_trade
18
SOLUSD in correction channel! SOLUSDTThe uptrend initially moved upward in a channel with a low and soft slope ( The white channel). Then the price started to grow with a jump move in an ascending channel with a high slope (more than 70 degrees) (in the blue channel) Now, in order to reach the balance and also to continue the uptrend, it should form a channel with an angle of about 40 degrees to 45 degrees, and for this reason, it has a correction and a short downtrend ( micro-channel), and then it continues to move upwards in the Red channel... SOLUSD/ Solana vs Tether | SOLUSDT -------------------------------------------------------------- Please write any advice or suggestions. Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed and ask any questions. Thanks for your attention
by Arash-RK