Solanausdt
Solana: This coin will follow the path of LunaSolana has shown relative weakness compared to other cryptos in the recent rally. Luna went bust on 20th May a few days after the lunar eclipse (Luna means moon in Italian) There is a solar eclipse occurring on the 25th October 2022, I predict that Solana will be trading at zero by then.
SOL/USDT weekçy chartHi, I am back posting so if you could follow and boost it would mean a lot to me.
I am focusing on the overall analysis today, so this is a solid SOL chart where we can predict the future of the altcoin.
I think that in the near future SOL will perform good alongside other alts (I am posting them today), so I am bullish for this one. I don't think we will close weekly above 49$ so we can wait until we have a better enter position. 40$-42$ would be our ideal entry. MACD just crossed on the weekly so we might go up in the following weeks. Comment what you think.
I am going back to streaming on TradingView. I don't know if I should do a daily late night stream (on UK time) or just do video ideas. My first stream since april will be on tuesday. at 2pm UK time. See you soon! I am a little washed up on trading but I promise to be more active.
SOL 30% PUMP ON THE WAY?SOL is looking bulllish on daily timeframe and 4 hr timeframe , It formed a symmetrical triangle and breaked it on daily timeframe upside which means sol is ready for a take off to the next resistance of 60-69$ which also a region of daily 200 MA and also technically target of symmetrical triangle of around 30-39% . We just want a retest for confirmation, BUT BUT BUT...... still fundamentals will play a major rule for solana future for more and regular update follow our account.
SOL @ 18 days TFTell me what you think about it
- Inverted
- Forming a setup for a breakout to 50 ~ 80 SOL price range
SOLUSD is trading rising wedge. long or short ?SOLUSDT is moving rising wedge pattern.
On the chart, I marked the strong support zone 20.00. it is worth paying attention. we can see that the price is forming a squeeze to this zone.
The short-term target on the chart is the nearest support line 35.2 ~ 37.5 and the liquidity zone 48.50, the medium-term target is 54.07, the long term target is 77.30
Solana long after low retestIf the market gives an opportunity to buy at 26 $ , it would be a good entry for long .
Wait for a pullback.
From another hand , if we break above the resistance (red line) , it could be an opportunity to go long too.
Currently price remains below the resistance so no entry.
SOLUSDT -Why Solana Is The Biggest Scam💀Hi Traders, Investors and Speculators📈📉
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.
In this video analysis, we discuss potential ways to still make money with SOLUSDT / Solana , even though the fundamentals for this coin is pretty much non existent at this point. Read on if you're interested in some of the latest news on this altcoin, as well as why many developers call it a scam.
After yet another attack earlier this week, Sol is trading -21% lower. Solana users have been urged to move their funds to cold storage and be alert to possible scams after a major exploit of thousands of wallets sees more than $8 million stolen. The Solana ecosystem has once again encountered a widespread exploit targeting Solana wallets that have been ongoing since Wednesday. Phantom and Slope, two Solana-based wallet services, initially flagged the attack on their social media platforms. A handful of commentators noted that attackers had gained access to user private keys, as transactions were signed on the chain legitimately.
This BEGGS the question - why is Solana targeted so often?
Solana could be replaced with a SQL database at this point, you’d get as much scalability as you want, and there would be no tradeoff in decentralization because the chain has none, to begin with. People who create new cryptocurrencies don’t want to get rid of the banks; they want to be the first to get to the bank. It’s been said here before, but Solana is a scam. It's almost as if it was built to be vulnerable, and no one is saying it. In the crypto world full of anons, opportunists and phenomenal hackers - would it really be a surprise if this was an inside job? Takes me back to MT Gox...
Solana clearly wasn't built in the makings of a blockchain, which is decentralized by definition. If you have a ledger that can be rolled back at the discretion of an influential group of authorities, then it’s a glorified database being run by a glorified bank. Solana has a closed validator set, a closed-source protocol, and a literal Discord channel where it's openly and explicitly scheduled network shutdowns with validators whenever it became inconvenient to fight D/DoS attacks.
Does this seem like a good investment to you? HOWEVER - this is crypto after all. If you have a high appetite for risk, you could always treat it like a meme coin and hope your funds will be there when you want to withdraw your profits...
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Solana Analyze (Road Map)(update)!!!🗺️Solana moved as I expected in my previous 👇(Profit:+45%💪)
Solana is running in Descending Channel. I tried to use Elliotte's wave theory to show you the Road Map🗺️ of Solana.
Solana Analyze Analyze (SOLUSDT) Daily Timeframe ⏰ (Log Scale)
It seems Solana could find the end of Main wave 4 in the resistance zone. And if Solana breaks the support line, we can verify the end of main wave 4.
Also, I showed you the end of Main wave 5(zones) in my chart.
🔴Bad news: Ongoing Solana attack targets thousands of crypto wallets, costing users more than $5 million so far.
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.
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Solana to breakout in 7 daysI've been studying this rounded bottom and its important demand zones, already taken some profits of an entry I did earlier. I want to share new entries as trend continues to be bullish and becoming parabolic. Currently sitting at 200MA support and only waiting for confirmation of this being the new demand zone, if this happens we can almost guarantee a breakout to the upside. Entries at 40.5, 39.5 and 38.5 , stop loss at 34.23 and targets you can spot those in the diagram.
Do your own research !
Solana (SOL) formed bullish Cypher for upto 11.50% pumpHey dear friends, hope you are well, and welcome to the new trade setup of Solana (SOL) coin with Bitcoin pair.
Recently I shared a long-term trade plan for SOL, which is still in play:
Now on a daily time frame, SOL has formed a bullish Cypher pattern.
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 (SOL) 12Hr 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.
SOL/USDT UPDATE :-
Solana failed to break above $47 despite several attempts to date. Now, the price is back at this key resistance level after a sustained rally from the key support at $40.
The price has also formed a large ascending triangle (in blue) and is quickly approaching the end of this formation, which will make a breakout very likely. The question is if SOL can manage to move above the key resistance at $40 and allow the price to rally higher towards $47.
While this formation gives a bullish bias, Solana has been left behind compared to other cryptocurrencies like ETH. For example, while ETH has made a higher high, Solana has failed to produce it. This shows weakness. Nevertheless, a break above the triangle appears more probable in the current market.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
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