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
Solbtc
💥SOLANA AT BREAKOUT POINT🚀Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
As shown here, solana is at the tip of the falling wedge pattern.
The question here is, “will solana break out of the falling wedge to the upward direction or downward?”
What do you think?
Share your opinion in the comment section✍️
You can also demand for analysis of your preferred coin
Follow me stay updated about this coin and more helpful projects like this🎁
Happy Trading💰🥳🤗
SOL - Trade Setup (Mid Term)Let's see how SOL is behaving.
This is a 4H chart. (Mid Term)
Like DOGE, we can have a trade setup on SOL too.
Read the chart. Two TP areas for your long/short positions.
There are two resistance areas on the way up.
And one support level holding the price up as long as we're consolidating.
Bollinger Bands can work as support and resistance too. Here is an example:
The market is showing SELL volumes for SOL.
Two resistance levels push down on value, and one support level holds the price high and shows strength. The higher band can work as resistance.
The Upper Bollinger Band can push down the value, and the Middle band pushes the price up.
If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point.
The RSI shows that SOL is above the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $83.81
Let me know your ideas.
Good luck.
SOLANA in Support and ResistanceIt is within the important range of support and resistance that I have outlined in the chart. If the line breaks, it can have a good growth trend and if the support is lost, the analysis will be updated.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
Solana SOL Long Setting After A Long Time In My Calculation Solana Can Bounce Back From Here. Remember this Chart is Valid Only If BTC stay Stabile..
I am Not A Financial Adviser. And All Cherts Are Just My Study. So Please Do Your Own Search before open Any Trade.
If You Like My Work Just Come and Join Me.
SOLANA Daily Analysis Update🟢 SOLANA broke out from long-term downward resistance and confirmed it as support. now price touched the ascending support. if the price holds the current support and heads up it can shape a reverse head and shoulders to reach a resistance zone between110$ and 120$.
in long term, it is possible to reach 0.5 and 0.618 fib levels of Fibonacci from swing low.
breaking down from ascending support, can drop the price to next supports around 70$ and even 45$.
⚠ This Analysis Will be Updated.
📆0.3.05.2022
✍ Analyzed By Amirhossein
⚠ DYOR
Trading Signal For SOLUSDT Trading Setup:
There is a Trading Signal to Buy in SOLUSDT Solana
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 91.53
⭕️SL @ 82.72
🔵TP1 @ 112.05
🔵TP2 @ 130.78
🔵TP3 @ 157.43
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas, please support us with your likes 👍 and comments .
SOL Looks ready for another rallyFor a lot of time, SOL has been in correction/consolidation phase. We havent seen much price action on the chart. Though currently the PA developing up on SOL is indicating that it is getting ready for another upward movement in upcoming days. On BTC pair, SOL looks to have hit the 0.618 retracement level and has double bottom at that level on daily chart in BTC pair.
If the bulls manage to push the price a little more, SOL will definitely be seeing some good gains in upcoming days/weeks.
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.
SOL Solana: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Solana (SOLUSD).
The chart is self-explanatory. The price is in a Descending Channel and very close to the multi-month Support Line. There was a recent Death Cross (50/200 SMA cross) on the 1D Chart, which is bearish. The RSI and MFI are moving upwards on the support line. Volume is decreasing. Keep a close eye on the RSI and MFI support and resistance line. If price moves up, there may be resistances of the EMA Ribbons and Ichimoku Cloud.
Included in the chart: Trend line, Support and Resistance Lines, Ichimoku Cloud, Volume, RSI, MFI (Money Flow Index), Descending Channel, EMA Ribbons, and 50 and 200 Simple Moving Average.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
Play with technicalIn my opinion, a credible channel has been broken and the price is currently skyrocketing. According to the Bitcoin chart, I think we will see a decrease in the price of this currency. Of course, this analysis is valid as long as its trend line is not broken
What do you think will happen?
Weekly Levels - February 13, 2022 (Crypto, Stocks, Commodities)Yet another interesting week is past of a very volatile time of the year. There are still lots of opportunities out there in these markets if you know where to find key Support and Resistance levels each week to find trading opportunities between them! In this video we look at the price action on Bitcoin BITFINEX:BTCUSD , Ethereum BITFINEX:ETHUSD , Bitcoin Market Dominance CRYPTOCAP:BTC.D , Bitcoin cross pairs with Ethereum BITFINEX:ETHBTCLONGS and Solano FTX:SOLBTC . We look at the stock market as a whole to see where I think the upcoming week is headed using the S&P 500 CME_MINI:ES1! , Nasdaq CME_MINI:NQ1! futures and the VIX TVC:VIX Volatility Index. Finally we look at Gold COMEX:GC1! and Oil NYMEX:CL1! the latter of which was a very good trade from Tuesday this week.
HBAR today vs. Solana Last AugustWeekly charts for both create a nearly identical pattern in a right-angled ascending wedge. Solana happened faster, HBAR is taking it's time.
What do we know about things taking their sweet time to move? The longer it drags on, the bigger the move.
Pattern similarities shared:
- both in right angled ascending wedges
- both made 3 pushes higher
- push 1 follows with a higher low than push 2
- push 2 follows with our lowest low
- push 3 is significantly higher than the rest
- push 3 correction is steep, drawn-out, but ending in a higher low than all the other pushes
Let's see if HBAR continues to share similarity here when it finally decides to exit the wedge.
SOLBTC in Bull Flag - upside PT of 0.023 or $1,587This translates to a PT of nearly $1,500 for 1 SOL token. You can see the flagpole extrapolation in red and then the 2nd half push PT in orange (both align very nicely which suggest we are halfway through our entire flagpole move right now with another half to go).
Solana (SOL) - February 8Hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
Because the wave is not complete, the support and resistance points are weak.
Accordingly, please refer only to the flow level.
(SOLUSD 1W Chart)
If the price is maintained above the 60 SMA line passing through the 72.85-108.38 section, the uptrend is expected to continue (long-term view).
The 108.38-152.84 zone is an important support and resistance zone for an upward movement towards the highs.
So, if we find support in this section and move along the uptrend line (1), we would expect a move above the 152.84 point.
In order to turn into an uptrend, it must rise above the 152.84 point (medium to long-term perspective).
If the price holds above the 108.38 point, I would expect a move above the 267.52 point.
This is an extension of the ascent of section B.
-------------------------------------
(SOLBTC 1W chart)
If the price maintains above the 60 SMA line crossing the 0.0013 500-0.0019 336 section, the uptrend is expected to continue.
0.0010 000-0.0013 500 or more: An uptrend expected to continue
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------