SOL/USDT expected pathhey, this is my analysis for Solana for the upcoming weeks.
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* this is NOT a financial advice.
Solanausdt
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.
SHORT SOLSHORT Signal
SOLUSDT
Entry $112 - $111
TP 1 $108
TP2 $103
SL 113.5
Sol have Head and Shoulder(bearish signal);
SOL Bullish Double BottomBullish on SOL right now double bottom, bullish on the whole market will look for a STF pullback for an entry
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
SOLANA USDT - hello crypto lovers
ahmed signals team wishes you high profits
----------- SOLANA USDT --------------------
SUPPORT : 110 - 113
SOLUSD Short term longssimple break and retest can be seen on this coin. once this simple retail move is completed we will look to sell it based on our trading rules.
SOLANA IS AT A CRITICAL LEVELSOLA has seen an unprecedented rally since the 22nd of March 2022.
this asset has brought some good fortune to its investors lately. This asset is currently consolidating around $140 to $130 zone.
Solana may pull down to $130 once again before the rally continues if fundamentals continue to favour the bullish trend.
if this bull run can break through FIB38.2, this asset will most likely hit the RESISTANCE TRENDLINE (black colour) as a profit target.
However, if the bears are powerful enough, they may drag down Solana to $120 zone (FIB 23.6) once again.
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Solana to $150 plus?Let's hold our horses. A breach of $125.86 points to $119 ish. This is now looking more likely than yesterday when I posted. If so, load up....because I expect at Least a breach of $150 afterwards. Patience. 4th Waves are meant to frustrate.
Solana taking the scenic route to 1kNote the first consolidation and where the moving averages were relative to now. Back then we had all of the moving averages crossing over the 200MA, similar to today. Looks like a breakout is imminent. If bull run starts, looking for 800+ this summer.
$SOL on the 6 hourlooks like we have a similar bar pattern with a cup and handle building
Could see ATH
SOL short bear!Solana is looking bearish after huge pump up, BTC is looking better but still I think correction will come soon.
Strong support is on cca 100-105€ after that 90-94€.
SOLANA analysis (again)This is my prediction for the next solana move.
If you have any questions just message me :)
SOLANA USD ANALYSISSolana looks super bullish right now. But be aware of entry. We are at the significant resistance, and even if we will not have a deeper correction, at least enter long on testing one of the EMAs.
SOL GO TO PUMP OR DUMP!It has reached a hard resistance.
For more pumps, it must break this resistance, otherwise it will make a severe pump!
SOL (Solana) Coin Analysis 24/03/2021Fundamentals:
Solana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions. While the idea and initial work on the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation with headquarters in Geneva, Switzerland.
The Solana protocol is designed to facilitate decentralized app (DApp) creation. It aims to improve scalability by introducing a proof-of-history (PoH) consensus combined with the underlying proof-of-stake (PoS) consensus of the blockchain.
Because of the innovative hybrid consensus model, Solana enjoys interest from small-time traders and institutional traders alike. A significant focus for the Solana Foundation is to make decentralized finance accessible on a larger scale.
One of the essential innovations Solana brings to the table is the proof-of-history (PoH) consensus developed by Anatoly Yakovenko. This concept allows for greater scalability of the protocol, which in turn boosts usability.
Solana is known in the cryptocurrency space because of the incredibly short processing times the blockchain offers. Solana’s hybrid protocol allows for significantly decreased validation times for both transaction and smart contract execution. With lightning-fast processing times, Solana has attracted a lot of institutional interest as well.
The Solana protocol is intended to serve both small-time users and enterprise customers alike. One of Solana’s main promises to customers is that they will not be surprised by increased fees and taxes. The protocol is designed in such a way as to have low transaction costs while still guaranteeing scalability and fast processing.
Combined with the longstanding professional expertise creators Anatoly Yakovenko and Greg Fitzgerald bring to the project, Solana is ranked number 42 in the CoinMarketCap ranking as of February 2021.
Anatoly Yakovenko is the most important person behind Solana. His professional career started at Qualcomm, where he quickly moved up the ranks and became senior staff engineer manager in 2015. Later on, his professional path shifted, and Yakovenko entered a new position as a software engineer at Dropbox.
In 2017, Yakovenko started working on a project which would later materialize as Solana. He teamed up with his Qualcomm colleague Greg Fitzgerald, and they founded a project called Solana Labs. Attracting several more former Qualcomm colleagues in the process, the Solana protocol and SOL token were released to the public in 2020.
Technical Analysis:
there some chance of trend retracement to the lower prices like Fibonacci Retracement 61.8% or 76.8% but ultimately This Coin will climb the higher prices as it has a very good Fundamental Potential
there are total of 3 Targets specified with Fibonacci projection where as the 3 TP gets its Confirmation as the 2 TP gets triggered followed by some price Correction.
sol first target hitsol looking great here, hopefully you got in on my previous chart when i called the bottom and you're enjoying the ride
could flag here before moving to next target or could go down to test support before moving up
Solana - Update ✅As i told you in the previous posts the 80$ price area could act as a strong area of SUPPORT and it acted. The price shifted the market strucutre from bearish into bullish and it's going now for the imbalance fill 170$. I will take a LONG entry on SOLANA COIN if price will make the retracement move to gather more long orders back into 100$ institutional figure + bullish orderblock on H4 and from there we could go higher.
What do you think ? Comment below..
SOLUSDT Bullish Trend Due to the exit of the price from the pattern, the uptrend has been confirmed.
The red trend line and the red resistance area are the areas where the market is likely to return .
This range should be well monitored to get a sell position in case of reversals.
The first target is the 148$ to 157$ price range.
The second target is in the 174$ range, which is unlikely to reach this price in this wave.
$SOL Swing Long Breaks Through Downward Wedge (TP Targets)Congrats to those who did enter Solana as it nearly retraced exactly to the 0.5 fib level.
This breakout has the potential to go move back up to the $250 zones. With the 20 EMA close to crossing over the 50 EMA and 200 EMA, Solana can potentially range between $500 to $1000 In the next upcoming months or year.
Those who entered around the 0.5 level, maybe slightly higher, or even on the break out are now over 60% in profits.
Targets for $SOL: 111.10 - 125.26 - 143.83 - 171.48 - 208.23 +
SL: Move your stop losses to 97.5
We could potentially see a move down to the 100 - 110 area however if the daily closes above the 200 days EMA, expect SOL to continue moving up even higher than its current price.
SANDBOX (sand) Long ALTCOINENTRY POINT $3.5
TP 1 $12.58 (247%)
TP2 $15.28 (333%)
TP3 $18.26 (414%)
TP4 $20.38 (478%)
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SOL/USDTLONG position/// tp1: 142, tp2: 154, tp3: 168
I enter the investment, I do not put a stop loss
If it goes down more, I'll buy it
