Get started

Solbtc

Solana (SOL) to $310 in Q3-2023 (continuation)This is an extension post about my previous idea that was well received. I'll post the initial idea down below as a related idea, for easy reading. The bear pattern seems to be broken , it's following my initial idea of a variation of the bullish falling wedge pattern. Using the Fibonacci Retracement indicator we can clearly see the that the 1.272 level of Fibonacci is our goal, that would be exactly $310. That said, it would indeed be a good time to buy if you would follow this idea. The idea is that we'll see another long triangle stretch of a variation of a bullish falling wedge , that is if we break through the current bear pattern (which we just broke through as we speak). As everyone knows, the war between Ukraine and Russia is bringing a lot of tension on the markets. These are uncertain times, and with uncertainty comes indecisiveness. We're still in the phase of resistance, the very first step into the journey of acceptance. Google it, it's worth a read and applies to many concepts like crypto. Believing that the cryptocurrency will grow in the future like it is doing now, people will keep on holding their cryptocurrencies with staking. Banks and governments will ultimately have to bend and shape into the new era of digital economy, you see this happening everywhere. Let me know what you think, thanks for reading. Thumbs up to this post are sincerely appreciated. ~ Murkemur
BINANCE:SOLUSDLong
by Murkemur
5
Solana (SOL) - March 28Hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- ** The BTC market chart for altcoins will not be published for the time being as the BTC price appears to be turning upward. (SOLUSDT 1D Chart) The indicators at 106.17 and 149.91 are inverted and are likely to swing up and down, so trade cautiously. If the price holds above 106.17, it is expected to turn into an uptrend. (buy) - After confirming the support in the vicinity of 106.17 - After confirming the support in the vicinity of 96.11 (Stop Loss) - When it falls below 96.11 When it falls below -84.57 (Sell) - When resistance is received in section 1 (127.75-143.57) - When receiving resistance in section 2 (169.99-191.02) The keypoint point is point 106.17. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for the sake of 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.) ---------------------------------
by readCrypto
💥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💰🥳🤗
Long
by PetrockFxTrading
2
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: $83.81 Let me know your ideas. Good luck.
by ShawnMCR
6
SOLANA Daily Analysis Update🟢 SOLANA broke out from long-term downward resistance and confirmed it as support. now price touched the ascending support. if the price holds the current support and heads up it can shape a reverse head and shoulders to reach a resistance zone between110$ 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
Long
by Trader_Needs
4
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.
Long
by syedhamza2135