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 ;)
Solanausdt
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..
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