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.
Solbtc
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.
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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.
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(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
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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.
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** 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.)
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SOL bounced from the support of $130On a daily TF, SOL tested the major support area and bounced from the $130 level. SOL will turn bullish if it breaks the resistance area and stabilizes above it. The market is recovering slowly, and we may soon see a retest of the resistance area. Keep your eyes on the support and resistance area.
SOL/USDT 12HOUR UPDATE 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 MACD bullish crossover buy green zone
Entry:- buy green zone
Traget:- 75% to 100%
Stop loss:- Greenline downside candle close
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, 70% drop, time to buy?SOl corrected 70% from its highs. Price came into a strong liquidity zone. Also, very positively, there is a lot of volume at the bottom. When to buy if not now? This is a good time to buy on a DCA strategy. Yes, the price could fall even lower, perhaps even 80 - 90% of its highs, but with a DCA strategy you will have a good average buy price.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
Solana could drop furtherSolana broke through a very small level of support at around $90. However, the next big support zone is around $70.
Ideally we want to start seeing higher lows and higher highs being formed, in which case we might consider this a fakeout from the channel it was in. As that is a descending channel, the HL's and HH's need to continue breaking the general trend.
I believe the blue case to be far more likely at this point.
What are your thoughts?
SOLANA Still $1000 Potential Because of Elliott wave Pattern?#SOLANA Exclusive Update:-
$SOL currently trading at $96
- Almost -68% down from ATH
- ATH was $267.52 and the Recent Low was $87.72
- Solana is Long Term Bullish Project.
- As per My chart Always Big Pump after Accumulation Box.
- May 2020 Low was $0.48 and Went up to $4.76 within 111 days.
- ~1000% Pumped in 111 days ( From May 2020 )
- After Hit $4.76 ATH, $SOLANA dumped hard and -75% down from ATH
- But After this Big Dumped $SOL again Pumped 4200% After Accumulation Box.
- Now 3rd Box is working as per Previous Data.
- Elliott Wave also Formed and Waiting to test the "C" Retracement wave.
- $SOL also Down -68% from Recently ATH.
- If Support 1 Hold Then This will be the best Entry.
- But For Bull zone must break $155 Resistance.
- If Break $155 Resistance then we can see $SOL price $1000 in Near Future.
- I will accumulate around $70-$80
- Must Hold $70 Support. If failed to sustain then Next Support will be $40
This is all information about $SOLANA chart Update.
This Chart took Too much time so Request Like and Support.
❤️❤️❤️
Thank you.
Solana(SOLUSD) IN CORRECTION - SHORT TO $102 or $78 The five wave impulse wave is shown in the 5 wave series (blue wave)
The corrective wave correcting the whole 5 wave is in action with a ABC correction
-------- ABC correction can be the following -------------
1) Zig-Zag
2) Flats
3) Triangles
This looks like a zig-zag correction so the zig-zag correction is a 5-3-5 correction and I believe it might end in 2 points
One at 61.8% retracement - $102
second one at 70% retracement - $78
Let's see which ones makes a turnaround, appreciate the feedback
✴️ SOL/USDTSOL gives a breakdown from the support and then aggressively pushed to upside breaking market structure. The price again broke the support and tested the lower support zone of $171 - $177. Wick indicates strong buyers, but the closing has not happened yet. If the price closes below the support, we may see more dump.