Solanausdt
Trading Signal For SOLUSDT Solana Trading Setup:
A Trading Signal is seen in the SOLUSDT Solana .
Traders can open their Buy Trades NOW
Rank : ⭐️
⬆️Buy now or Buy on 27.65
⭕️SL @ 24.60
🔵TP1 @ 37.80
🔵TP2 @ 45.70
🔵TP3 @ 61.87
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
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SOL can go upstairsat the moment, we are completing the ABC-correction with a bullish wedge, wave C has almost reached the golden ratio of 1.618, it is possible that the wedge will descend and break down to or below 1.618, this will be the culmination of sales. It is also possible that the exit immediately upwards is possible, is MA200 on 1D TF and, in combination, the resistance of frequency waves A. (Low targets in case the bearish trend continues and the condition is that the available ABC is only 123 inside the global wave A)
Position set.
The first order is with the current next grid, the second order is at the channel border, the third is at 1.618. If the price does not reach 2 or the third, or before the destruction of orders, switch to a set of positions, you should execute the second order with a trial wedge up, the third one with a retest of the channel from top to bottom.
Closing a position.
With the exception of expected takes, the first take is 20% of the amount at 59.38 (there is resistance), the second take is 70% of the amount at 69.89, and the last 10% is left in case resistance is tested and a new up cycle begins (from trailed stop in plus)
Stops.
If your terminal allows you to set a virtual stop order at the close of a daily candle below 31.41, the order is -20% from the current one, but much less in case of a grid position. Also, in the event of a breakdown of the wedge, the stop can be pulled up.
Long SolDespite the very low descending slope, but instead of a sharp upward slope in the previous wave, I expect the end of the fall and the return of the trend from this point, considering that the divergence has also been confirmed! I hold my position until the sun | Attention! This is a weekly analysis
Solana Analyze (Short Term)!!!😉Solana is on the last wave of its Zigzag Correction. The Structure of the main wave C can be Ending Expanding Diagonal. The end of microwave 4 of main wave C can make Bullish Gartley Harmonic Pattern. The end of microwave 4 can be around 39.3$ until 39$. Also, I tried to show you the end of main wave C (Zone) in my chart.
Solana Analyze ( SOLUSDT ) Timeframe 15min⏰ (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.
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SOL closer to our price targetWhen i wrote this article, people were joking that SOL Solana will RIP $800 :):
Guys, the head and shoulders chart patterns tend to complete. Look at PTON for example:
Now we are close to finish the head and shoulder price target on Solana.
My prediction is $31 soon.
Looking forward to read your opinion about it.
SOL/USDT - Potential Short ScenarioHello Traders!
The price of SOL continues to move within the downtrend.
After the momentum, the price tested the support level of $37.30, where the rebound to the resistance level of $55.90 followed, which formed the consolidation range.
If the price leaves and fixes under the support level of $37.30, we can assume the continuation of downward pricing.
A set of medium-term purchases should be considered if the price enters the range of $25.70 - $16.50. Buy orders are best placed in several parts between $16.50 and $20.00.
The targets will be the levels of $37.30 and $55.90
Good luck, and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
SOLANA Short Incoming @41.5Quick trade idea on SOL/USDT on Bybit. This is a high risk one, but the area looks strong with a .618 fib, 50 EMA and general KL coming together in a resistance level for an already weak Solana. This should be a quick trade, shouldn't last longer than 2 days and will become invalid if we get a rejection of off the level around it or if the crypto market gets some bullish impulses, such as BTC going up to 31,500
ENTRY: 41.495
SL: 42.250
TP: 39.985
RR: 2
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