SOLANA LONGS ACTIVE 📉📉📉📉 Expecting bullish price action on the SOLANA as price shifted the market strucutre from bearish into bullish and for now price is finish the retracement move back into the bullish orderblock on the D1, we have a clear confirmation and right now i think we will see higher price action right into 166$ price area where we have a BIG IMBALANCE AREA to be filled.
What do you think ? Comment below..
Solanausdt
Update on Solana Bullish ScenarioIn another scenario, Solana can create Higher low on that small bull channel or Bear flag (green channel). The crucial price for Solana to rebound is around the Fibonacci Area of 0.382 and 0.236. We can try to Buy On Weakness on that area.
Don't forget to focus on the dynamic resistance.
BINANCE:SOLUSDT
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.
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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.
SOLANA - Will it Lead a Rebound?Cryptos ahve taken a beating early Monday but this could be time to change:
Bitcoin will attempt a rebound and Solana could follow:
Bitcoin should go higher..if not today on technical support then tomorrow on Fundamentals ( inflation ).
Solana has had it's time of correction and this could now reverse. In any acse, we see support on the chart and will attempt a LONG position now.
One Love,
the FXPROFESSOR
SOLANA (SOL) | Approaching $100 - Possible Higher Low Formation!Hi,
Quite a similar idea as my previous one with ADA . These two have made solid higher highs and also they have quite decent support which allows forecasting that these boxes might print a new higher low for further growth. Is it a short-, or mid-term, this is your call but still, worth trying these areas to make some gains.
Do your own analysis and good luck!
Vaido
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.
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
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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