SOL/USDT - Potential 120% SetupHello Traders!
SOL price finished its drop due to the loss of momentum by the sellers. At the moment, we observe the beginning of the asset consolidation in the range of $88 - $122.
It is better to consider purchases once the price moves above the level of $122 and to consolidate there.
A more risky variant is buying near the current price level in the range of $88 - $100.
In case the price goes under $71 the deal will have to be closed by a stop loss.
The targets are the price levels of $171 and $195
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
Solanausdt
Solana long target idea - please critiqueSolana crossed the daily 200MA after a few attempts over the last couple of weeks. I've mapped the 200MA in black and key levels of resistance in purple. I'm assuming if we see a retest and bounce from the 200MA, a conservative long target would be the underside of the next level of resistance. Please let me know your thoughts.
SOL/USDTHello Dear Traders, Hope everyone is doing well with profitable trade as per technical analysis.
Guys, Exactly as we predicted Solana tested the Strong Resistance Trend Line for the 4th Time, unfortunately resulted a fakeout !
and also got supported successfully by the Strong Support Trend Line.
So here is the consequence, we have still our two scenarios ahead as usual, from here we will test the Strong Resistance Trend line once more and we will break it and breakout happens we will go for 96.00 and 104.50 where the Resistance and Supply zone located. otherwise we will have another Fakeout and we will fall back to the Strong Support Trend Line and maybe we break it below and fall to 87.40 and 79.00.
So it's always good to trade after breakout and pullback for confirmation or else always its risky.
Trade is easy and profitable if you just move as per CORRECT technical analysis !
Enjoy Guys ;)
Solana (SOL) formed bullish Gartley | A good buying opportunityHey dear friends, hope you are well, and welcome to the new trade setup of Solana (SOL) coin with Bitcoin pair.
Previously we had a nice harmonic trade of SOL:
Now on a 4-hr time frame, SOL has formed bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Solana - 0.786An idea for Solana showing on the USD pair (left) a brief touch on the 0.786 fib level
I think we will see a bullish reversal from this fib level
On the right I have analyzed the BTC pair which shows a flat 200MA, comparable to another point (in red) earlier on in the evolution of price
Moving averages will recover the same, after a small dip.
I am very bullish on Solana and the NFTS on their platform
Step Finance is the best Solana project.This project has an extremely low market cap of $700000 and almost 10 million volume, has a 1000X potential in NFT projects.
SOLUSDT FOR A BULL RUN!Looking at past data on Solana, we might be up for a bull run. Why?
Before the last bullish wave, price created a bull flag for a couple of weeks. With a continuous bounce at the $25 support level, the bullish impulse was aided until price got to the ATH at $260.
Now, price has continued to face bearish movements in this bear market. Lower highs and lower lows continued to form, showing us a clear downtrend since November 2021. We now have Solana bouncing off the $80 level. Price has now formed a double bottom, and this support level could really be holding. Logically, this looks like a good dip. Picking up Solana at $80-$90 is a huge discount before the next bull run, as we could see a new ATH at $600. I'm longing Solana here, and I think you should too.
Solana SOL Long Setting After A Long Time In My Calculation Solana Can Bounce Back From Here. Remember this Chart is Valid Only If BTC stay Stabile..
I am Not A Financial Adviser. And All Cherts Are Just My Study. So Please Do Your Own Search before open Any Trade.
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SOL/USDT ChartHi, I try to post often so if you could follow and like it would mean a lot to me. I am also posting FTM and LUNA charts today.
SOL has been going down for a while, and I think that we might see a comeback in the mid term. The coin has a bullish diverngence in the 1D chart, which makes me believe that the coin will go up. MACD is also crossing with the EMA's showing strenght for long positions. Comment what you thing and go check my other ideas.
I stream weekly on TradingView, and my next stream is on Friday at 4 pm UK time. Be there!
Solana BearishToday I noticed something very beautiful on 4 times, I am still bulish because the indicators show very well how each abc arm is formed of 3 waves, the last time that vc abc reached the interval between 0.716 and the neutral zone, it seems that this trend follows until in 68-62 usdt!
a beautiful day
This is my analysis and not financial advice.
$SOL - WHERE WE ARE HEADING$SOL is holding at support at the moment and we see a good long trade possibility for an 18% upward move.
However, the trend is still bearish and we do have two downtrends to break out from before we can consider being bullish again.
Key levels to watch are :
between 80-85$
between 40-50$
between 18-25$
SOL, will this level withstand resistance? The SOL is inside a large value area between the $80-105 levels. The important key levels are the upper and lower boundaries of the range. At the moment, the price has tested the lower boundary of the trading range as support.
Price squeezing and breakout of the lower boundary of the trading range may be a good opportunity to sell. In case of a false breakout it is worth to open a position in the opposite direction.
Write in the comments all your questions and the instruments you want to see analyzed.
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P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.