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
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Solbtc
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.
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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.
SOL - Large negative divergenceGood afternoon. On a daily chart, We see a large negative divergence, and if you plan to enter, the range of $174 to $183 is suitable for entry for the lower intervals. If it loses this range and the positive trend line, the fall is in the range of $140, and if you want to hold, enter only in the range of $120 to $140. In case of an increase, enter only by breaking the negative trend line.
SOL - When to enter?On a daily timeframe, SOL breaks the positive trend it has had in recent weeks. If it can break the 217 static range, the negative dynamic resistance will break and return to the top of the dynamic support. In this case, you can enter for the targets of 235, 250, and 280.
To enter, be sure to wait for stabilization above 217.
SOL/USDTThe negative trend line is broken on a daily timeframe, and the pullback is in progress. Weakness is observed in the upward movement. The $ 200 to $ 212 range is strong resistance. If it fails to break this resistance, we will have another fall, in this case, enter at the support levels of $ 145 and $ 120.
Keep an eye on support and resistance levelsOn a daily TF, It breaks the major support of $ 150 and now trading below it. The first resistance for SOL is the $ 148 - $ 152 area, and it needs to go above it to gain some bullish momentum. If it is rejected from the $ 148 - $ 152 resistance area, we see a test of the major support of the $ 125 - $ 130 area. SOL needs to hold the support. Otherwise, we may see the price going below the $100 area.
May find support soonLooking at SOL vs BTC, we can see that price has broken down as expected (see linked ideas) and is currently looking for support. My initial thought is that it would likely test the 200 EMA, but price appears to be finding some support at these levels. If it can hold here, I would consider it very bullish and would expect a break above the smaller resistance line.
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These are my personal views and not financial advice. Please do your own research before investing.
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SOL, are there any good buying opportunities? SOL has been in a downtrend for a long time. The price has already broken this trend line several times, but all have ended in traps.
There are two possible scenarios for buying:
-first scenario, a breakdown of the trend line.
-second scenario, a false breakout of the 116$ level
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.
SOL, mid of the range is broken, follow these scenarios!In the last idea, we marked the mid-range level.
Which acted as support. We said that in case the middle of the range was broken down, there would be a continuation of the fall.
Which it did.
Now we can mark the trend line and lower limit of the trading range.
- In the case of breakout the trend line, there may be a good buying opportunity.
- In case of a false breakout of the level of 220$, there could also be a good buying opportunity.
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.
Solano Trading Close to Major SupportLike the rest of the crypto market, it's been a tough few weeks for Solano. Price has come down so much that it's only a few points above the major support level. For this reason, there is a good chance that price will come down and test the major support level at 125.00 and 115.00 respectively. Will buyers jump back in at these levels?
Solana (SOL) - January 12Hello?
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(SOLUSD 1W Chart) - Mid-Long-Term Perspective
Above the 61.44 point: the uptrend expected to continue.
Above 108.38 point: Expected to create a new wave.
I think the 108.38-152.84 section or higher is more likely to be the high point section.
Therefore, it is necessary to confirm whether the support section will be formed by receiving support in the section 108.38-152.84.
(1D chart)
First resistance section: around 191.01
Second resistance section: 238.46-254.28
First support section: around 96.10
Second support section: 48.65-64.47
The 127.74-143.56 interval is an important interval that determines the trend.
So, you need to check if there is any movement out of the 127.74-143.56 section.
However, a trend is expected to form as it deviates from the 108.38-152.84 section.
To continue the uptrend, it must rise above the 172.99 point.
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(SOLBTC 1W chart)
Since the wave is not complete, it is difficult to establish an accurate support and resistance interval.
Accordingly, careful trading is required.
Above 0.0019336 point: Expected to create a new wave.
If the price declines from the 0.0031426 point, it may move towards the 0.0026815 point, so a short stop loss is required.
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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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Will Solana get his original price back?I predict Solana's currency will have an upward trend to $ 128. From $ 128 to $ 180, the upward trend can start again and the next drop is up to $ 146 and again we will see a short profit up to $ 169 and again a downward trend up to $ 130. We have from $ 130 to $ 219 can give a good profit to the buyers of this code and this period will last 81 days from the point of view of my analysis. put
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