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Solanausdt

Its possible that Solana price is finding its way to the bottomToday we bring to your attention the global chart of the pair of SOLUSDT As can be seen from the graph, for a long time the price of SOLUSD is not bad enough to moving the channels of dynamic fibolevels. Also, looking at the global chart Solana token, we can assume that at the moment the figure "double bottom" is formed Based on this assumption, we can offer you the following medium-term SOL trade to comply with the profit/loss ratio 5/1 Long entrance area $89-93 Stop below $77.70 Take profit around $157 _______________________________ 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 :)
Long
by P_S_trade
36
#Solana Dumps 27% from April Peaks, #SOL Ceiling at $112 Past Performance of Solana #Solana is bearish and within last week's trade range, reading from the formation in the daily chart. Even though SOL's prospects are bullish, sellers are in the driving seat, capping advances below $112. SOL is down 27 percent from April 2022 highs at spot rates, finding support at around $99. Solana Technical Analysis From volume analysis, #SOL is bearish, finding strong resistance at $112. Notably, SOL buyers didn't unwind the losses of April 11, swinging price action to favor sellers. As per the current setup, aggressive traders may unload on pullbacks below $112 in anticipation of more losses towards Q1 2022 lows of $80. On the contrary, any sharp spikes above the middle BB and $112 nullifies the downtrend, paving the way for optimistic Solana buyers aiming for $142 in a buy trend continuation pattern. What to Expect from SOL? The Solana mainnet beta is functional with vibrant dApps cutting across DeFi and NFTs. However, after the super rally of 2021, prices are cooling off. In the immediate term, SOL is bullish above $99. Resistance level to watch out for: $112 Support level to watch out for: $99 Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer
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