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Solanausdt

Solana looking to form an entry around 150$Solana about to form a bottom within next week - should find support soon & retest 230$ range. likely will get rejected there and crab around the 200$ and normalise it as a line in sand for short term swingers BBANDS overextended down south. RSI still has a couple days to go into oversold MACD also looking too unsustainably red. I don't foresee a new ATH any time soon but the adoption support (new dip buyers pouring in) will make sol a good SOV thru the bear. If you're looking for the safest entry you could let it crab till it meets its 200 daily MA. Weekly indicators also suggest some patience if you're looking to enter: 150$ probably safe entry. 200 DMA & 21 WMA should converge around there + psychological round number. that could pendulum up to 200+ then just consolidate till next overall crypto wave - whenever it comes in 2022++ (my guess a longer while than most think)
FTX:SOLUSDShort
by onat_eth
SOLANA- 200$ Is Now a Pitch Resistance (with a B)SOLANA is fast and furious but the chart is the map and that 200$ mark is over the resistance. In other words, price is over support but that 200$ mark needs to be met again before we can enter (Buy Stop order). If you like Solana you may LOVE this: Solana to outperform Bitcoin and Ethereum in 2022 Cryptocurrency Solana is once again likely to outperform both Bitcoin and Ethereum, the world’s two biggest digital currencies, in 2022, according to the CEO of a $12 bln financial giant. The bullish prediction from Nigel Green, chief executive and founder of deVere Group, a leading advisory and fintech, comes amid another sharp bearish dip for leading cryptocurrencies on Friday. Bitcoin, Ethereum and Solana were down around 5.7%, 6.8%, and 8.9%, respectively, over the previous 24 hours of trading. “End of the week trading was hit by negative sentiment of high-growth stocks, which went on to impact Bitcoin, the world’s largest cryptocurrency by market cap which, in turn, weighed on the wider crypto market,” said Green. Despite this current volatility, he explained that crypto investors who have consistently stayed in the market have generally had a positive year. ok, I agree but not buying until it's over the 200$ mark again One Love, the FXPROFESSOR
FTX:SOLUSD
by FX_Professor
2
SOL is outperforming🐋🌊 Solana is a smart contract blockchain (FTX's byproduct,) made to compete with ETH. Grayscale is taking an interest in SOL and has launched a Grayscale Solana trust. This means that Solana is now one of the 16 investments Grayscale has their hands in. Expect to see new highs. 🆗 Bear targets listed as well. 🛑🛑🛑🛑🛑This is not financial advice🛑🛑🛑🛑🛑 I always recommend looking at multiple charts when making a big investment Always have a stop loss ✋🛑💲 set Any thoughts 💭💡, questions 🙋‍♀️🙋‍♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome. Thank you so much Jazerbay ☯
Long
by jazerbay
13
SOLANA ROADMAP FOR THE NEXT 3-4 MONTHSEmissary over here. Hello again everyone. Today we take a look at SOL. As you can see on the chart, offer and demand zones are noted by purple horizontal lines. Macrotrend support zones are noted by light-blue trend lines. We are aproaching one in the short term. Entry zone is noted by the green box and exit zone, for me at least, is noted by the red box. The roadmap, based on price action, is as follows. I think from the current price well reach the 214 area. Then price will be pushed back again to 177, where I have a buy order placed at the moment. From there price will breakout local downtrend to the 239 lvl. Price then will come back to 214 or to our macro light-blue trend line at around 188. From there I think well have a clear path to reach ath once again. From there im out for the moment. Thank you for reading the message. If you like my work give it a thumbs up and leave a follow for more everyday analysis. Remember the message never sleeps. Also remember this is no financial advise, DYOR and trade at your own pace and risk.
Long
by MessengerFromTheUnderworld
SOLANA in a Descending Broadening WedgeSolana is on the hour in a Falling wedge in which the bulls are now pressing against the resistance line. However, a slight negative divergence has been spotted on the hour whether that will really have an effect on the bulls remains to be seen, This could give the price another swing downward. For the time being, if the price were to break out upwards, I expect the bulls to point their horns at $211, there will be some resistance around the psychological $200 once the $211 resistance is broken (incl re-test) there is a good chance we could also break the resistance of the bigger picture pattern, the Descending Broadening Wedge. Because if we look at the Daily Chart, we see the bulls and bears created an Descending Broadening Wedge. I drew a diagonal white “support” line where secretly the hope lies that if the bears bring the price more down a bit the bulls could support at that level. In the event of a breakout on the upside, there could be an opportunity for the bulls to seek out a new All Time High. I also like to share the link to Solana where the Consensus mechanism of Solana is explained. Because instead of a Proof-of-Work or Proof-of-Stake, this is a Proof-of-History at Solana and that is of course quite interesting and is explained in a fairly accessible way. solana.com 1H Keep calm, do your own research! trade safe and manage your risk. *(Disclaimer: this is not financial advice)*
by Tims.Technische.Analyse.
SOLANA 1H Falling wedgeSolana is on the hour in a Falling wedge in which the bulls are now pressing against the resistance line. However, a slight negative divergence has been spotted on the hour whether that will really have an effect on the bulls remains to be seen, This could give the price another swing downward. For the time being, if the price were to break out upwards, I expect the bulls to point their horns at $211, there will be some resistance around the psychological $200 once the $211 resistance is broken (incl re-test) there is a good chance we could also break the resistance of the bigger picture pattern, the Descending Broadening Wedge. Because if we look at the Daily Chart, we see the bulls and bears created an Descending Broadening Wedge. I drew a diagonal white “support” line where secretly the hope lies that if the bears bring the price more down a bit the bulls could support at that level. In the event of a breakout on the upside, there could be an opportunity for the bulls to seek out a new All Time High. I also like to share the link to Solana where the Consensus mechanism of Solana is explained. Because instead of a Proof-of-Work or Proof-of-Stake, this is a Proof-of-History at Solana and that is of course quite interesting and is explained in a fairly accessible way. solana.com 1D Keep calm, do your own research! trade safe and manage your risk. *(Disclaimer: this is not financial advice)*
by Tims.Technische.Analyse.