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Solanausdt

SOL/USDT : Formed a bearish pennant ! KUCOIN:SOLUSDT Hello everyone 😃 Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it ! $SOL has formed a bearish pennant at current level, So the majority is with bears. But as always; We have to be ready for both phase of market ! That's why I mentioned two trading setups on the chart. - If we get the rejection below the pennant, Then I'll located my Short on a proper retest of marked blue zone and aim for $84 . Trading Setup have been mentioned on chart ! - If we get the break-out above the pennant, Then I'll wait for another confirmation of break-out above the local S/R zone a $106; I'll locate my Long on a proper retest of broken S/R zone and aim for $19.5 . Trading Setup have been mentioned on chart ! Hope you enjoyed the content I created, You can support us with your likes and comments ! Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
by Helical_Trades
16
SOL - can buy it in this scenario4H trend chart - SOL is converging in the descending tunnel and it is approaching to the upper downtrend line currently. If price overcomes the downtrend line, long it with the following trading strategy. - Profit Targets: a) 110.635-----Fib(0.5) b) 118.430-----Fib(0.618) c) 129.555-----Blue horizontal ray Stop losses: a) depend on the timing of break-out - If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
by EthanTW
Going Long SOLAfter a bearish trend, we are now expecting the next bull run, the BTC is showing some bullish divergence and SOL also, and so other alt coins. I am now waiting for other confirmations before setting up a long position. =================== Divergence is when the price of an asset is moving in the opposite direction of a technical indicator, such as an oscillator, or is moving contrary to other data. Divergence warns that the current price trend may be weakening, and in some cases may lead to the price changing direction. Divergence signals tend to be more accurate on the longer time frames. You get fewer false signals. Divergences on shorter time frames will occur more frequently but are less reliable. READ THIS NOTE!! Market can do anything specially on crypto, because of Bitcoin, investors often consider Bitcoin as the reserve currency of the cryptocurrency market, similar to the USD in the global stock markets. When bitcoin (BTC), the largest cryptocurrency by market cap, goes up, other digital tokens tend to increase in value as well. When BTC declines, it's likely that other players in the space will drop at the same time.
Long
by CallMeBeginnerTheExplorer
2
Bullish Solana (SOL) will Reach $300 SoonSolana has displayed a bullish trend with an increase in price and volume. The month of November has been successful for SOL prices. We can expect SOL to surge close to $300 levels. Recently, Solana has displayed a bullish trend with an increase in price as well as in volume. If this bullish trend is continuous, for sure we can expect Solana to reach $300 soon. Accordingly, the month of November has been successful for SOL prices. Eventually, Solana is a descent into the gaming space. That could impart immense value to the blockchain and the NFT space. Meanwhile, traders are looking forward to SOL price gaining leaps and bounds ahead of its current valuation. Solana venture is entering into the world of gaming and NFTs, and many blockchains are moving towards the revolution. More so, Solana ventures, FTX, Lightspeed are creating a $100 million Web3 gaming investment. The initiative has already directed $21 million to a gaming project based on Solana. The first investment in faraway games raised $30 million. Henceforth, the project aims to expand new decentralized models for gaming as well as the tools which are required to develop the same. As per some sources, the representatives are in association with the fund. Expecting that Solana could thrive in the crypto gaming space, Owing to its high speed, cheaper cost, performance, and its capabilities.
Long
by UnknownUnicorn36647227
is SOLANA to the moon ?! $800 ?!After squeezing the price in the range of $ 80 to $ 100 in 4 out of 5 of Elliott's 5 main moves and creating the ABCDEFG pattern, we saw the price move upwards, which is 1 in 5 of Elliott's second move for the coming days. The price is currently adjusting in the range of 0.5 to 0.618 Fibonacci If the price can stabilize above the $ 190 range, it can move towards the price targets, which is first the previous price ceiling and then move towards the end of wave 5. To move the price to $ 800, it is necessary to stabilize the price above $ 450 To continue moving, it is necessary to break the downward trend line (red line) of the previous ceilings! I have used RSI here to validate the movements Zoom in on the chart for more details
Long
by hamidrezakhosravi1374
2