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Solanausdt

slowing down of SolanaHi Guys, I'm back after long time hope you all doing great and this is my view about Solana as you can see SOL stuck in a very bearish down trend, but clearly the 4h time frame RSI indicator has broken the trend. If the market hold on to the support after retest we have a small buy opportunity 128.30 will be our first target. However if the market for whatever reason couldn't hold on to the support line it will drop down to 59.02 trade carefully guys. good luck
Long
by Zwr_Abdullah23
3
SOLANA (SOL) | Let's Try To Use Psychological Break!Hi, Not much a criterion or something but the odds should be in our favor. A full Daily close above the round number/above the psychological number $100. The break occurred with a kind of low volume so, do not go all-in :) Considering current situations then the major target is TP1 and the invalidation area is marked with red - Daily candle close inside or below the marked zone will gut the trade. Do your own analysis and trade cautiously. Regards, Vaido
BINANCE:SOLUSDLong
by VaidoVeek
2
SOL/USDT : Possible Entries in any case of drop ! BINANCE:SOLUSDT Hello everyone 😃 Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it ! I'm going to search for possible directions and opportunities into the lower supports and we approach the possibility of drop below $20K. So; The ideas are based on the rejection of $52K and breaking $29K on $BTC, In any other case I won't use this analysis to spot the possible entries. There're two spots that I'm looking for SHORTs on $BTC; $46500 and $51000. Based on the mentioned levels I'm going to analyze my $SOL's chart ! There's an opportunity for $SOL to pullback above $100 and more at the current support zone into LTF charts : But so, In this case; We'll search for our SHORT entries into $120 - $130's resistance zone and from macro view; Aimed target for mid-term should be $65. - In any case of break below $85 before a retest into $120's resistance, You have to sell out your bags and aim for $65. For further rejection we need that break below $65 which makes us this opportunity to set our buy limits on the mentioned levels at $30 and $20 ! 📑 Conclusion : - There're two levels to watch for : - $85; Any rejection below will lead the pair into $65's Demand zone. - $95; Any pullback above will lead the pair into $120's Supply zone. Also there're two main zones to watch for macro movement : - $120; Any rejection from this level will lead the pair into $65's Demand. - $65; Any rejection from this level will lead the pair into $30's support lines.. 🔴 Unfortunately analyzing the crypto pairs before any major movement's confirmation is more risky with less success rate; So I would be pleased to play the chart with more carefulness ! 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
Short
by Helical_Trades
17
Solana, is it time for a breakup?SOL/USDT Binance Weekly Chart ================================= Orange = EMA 21 Green = SMA 50 Red Lines = Predicted resistance and or support areas. Purple Lines = My limit buy orders. Greetings fellow crypto enthusiasts and fellow traders, NFTS have been raging hot with such euphoric buying and while there will likely be a future for NFTS, I believe the immediate uptrend on Solana is over. While there is a current consolidation in the price action, it does not mean SOL is out of the woods yet. With the Stock market looking to pullback next year and the strong corelation between crypto and the SPY, there is a greater chance of a pullback to retest lower levels, perhaps even as low as $80.00. However, I don't think this move will happen unless there is a pullback in BTC and the SPY, along with the price action piercing the EMA 21 again. Currently the price action remains undecided, does it go towards testing $200? Or does it retest the Weekly EMA 21? Whichever the case, If I were trading this, I would probably DCA and stay away from position sizes that are too large. ================================= Price Action Analysis: -The uptrend from June to Nov, appeared to tighten and trade in a rising wedge. -The Drop so far has resembled a potential Broadening Ascending Wedge. ================================= Current Trade ideas: Trade idea#1 - Buy as close to the Weekly EMA 21 as possibile, Take partial profits at $180 or higher. Trade idea#2 - DCA, no one knows where the bottom will be after the euphoric phase has run out. However, this NFT network and NFTS in general are too large to ignore, but do consider position size and risk when entering. Good Luck out there, May your portfolio reach Luna and beyond
by gendark2
SOL/USDT 1DAY UPDATE BY CRYPTOSANDERS Welcome to this quick SOL/USDT analysis. I have tried my best to bring the best possible outcome to this chart. Reason of trade:- SOL/USDT 12hour analysis look bullish chart and buy green zone Entry:-CMP and GREEN zone Traget:- $120 $140 $155 $170 $190 $230 $260 Stop loss:- $68 Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Happy trading. Sorry for my English it is not my native language Do hit the like button if you like it and share your charts in the comments section.
Long
by CryptoSanders9563
1