Solbtc
is $SOL corrceting?it looks like solana could be about to have a decent correction.
it has fallen outside of the diagonal trend on the weekly chart (we are only monday).
currently the fib cicrle is cradling the price.
solana needs to push back into the diagonal this week for bullish continuation (flat top breakout).
if it falls then $50-60 would be a miracle to scoop some up
✅ SOL - What's next?SOL is showing Buy Volumes on different platforms.
We experienced a breakout and got rejected by a static resistance level. That also formed a noise in our uptrend regression which you can see on the chart.
Right now the prices are consolidating sideways and we're close to touching the lower band of our channel and also we might get another support by hitting the local support IF ONLY the price crosses the lower band.
There is only one static resistance on the way up and I'm thinking SOL has enough buy volumes to cross that resistance or at least retest it in the next few days.
There are two support zones that can be helpful in case any drops happened.
As I've said in my last ADA and XRP chart, Watch for Bitcoin , since it looks like it's going to touch ATH or even cross it. After Bitcoin calms down SOL can perform stronger than now and might run for testing the ATH . If possible, it might cross it and touch the red resistance as I've shown on the chart.
if not successful, then it's going back down but I'll update the support when that's about to happen.
SOL isn't showing STRONG buy volumes in the market but it still has some time to build up a foundation on this support zone.
I'll keep this chart updated.
Use this chart as your trade setup for now.
Current Market Price: $156.47
Good Luck
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SOL/USDTSOL rejected from the strong resistance area of $171.5 - $177.8. Price now trading between a Strong support and resistance zone. $147.9 - $153.6 is the major support zone and the price might come to that area. You can have a long position between those areas. If BTC continues to range then alts will start gaining strength. Use proper risk management in the trade.
SOLANA LONG TERM PERSPECTIVE SCENARIO. PRICE DISCOVERYLONG TERM POSSIBLE SCENARIO FOR SOLANA
Solana about to enter Price Discovery
SOLANA (SOLUSDT) $ 500 is a possible target Solana made a huge bull rally in this bull run and currently it is in a accumulation zone. SOLANA hit golden pocket and it is going well. My 1st target is $ 350 & next $ 500 in this year.
Keep eyes on Solana.
Thank You !
#DoYourOwnResearch#
#IamNotaFinancialAdvisor#
SOL Update - Loading up for a bigger moveHere's a quick look at SOL 2 hr chart. As we can see, the price has been forming a bigger bull flag and we could se a very big move to the upside soon! Definitely one to keep an eye on.
The best entry would be, when the price breaks above the bull flag with good amount of volume .
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The idea is: Buy the breakout from the bull flag and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 163$
2. 169$
3. 177$
4. 185$
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
SOL/USDTSOL is now retesting the support area . It needs to hold this support to remain bullish . A break below this support will send SOL back in the trading range and the local support after this is $140 and $125 - $130 area. You can add some SOL near $150 with tight stop loss or wait for more confirmation here.
SOL is getting ready for a break to the upside! Here's a quick look at SOL 1 hr chart. As we can see, the price has been forming a bigger bull flag and we could se a very big move to the upside soon! Definitely one to keep an eye on.
The best entry would be, when the price breaks above the bull flag with good amount of volume .
-------------------------------------------
The idea is: Buy the breakout from the bull flag and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 169$$
2. 177$$
3. 185$
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Macro analysis of Solana $SOL #SOLANASolana has many events happening for itself in the upcoming months. I will go through them in my own channel.
But in my Own, zooming out on the daily candle and with the help fibbo and parallel lines channel, we can expect to see Solana touching $250 very soon.
You can confirm this TA on SOLBTC chart as well.
SOLUSDT , Where we are ???Hello everyone
in here we have a sensitive support zone that shown on chart , this is heavy support and according to the chart we broke the trendline and now we are in pullback , and when the price comes to our buy zone area is attractive for buyers and bullers in the market with nice R/r
Dont forget stop loss
And the market is waiting to watch what can will happen on it , we should BE CAREFUL and put SL and TP
Good Luck
Abtin
SOL long entry Solana push above the last lower high to form a new high,
there's a rally base rally supply zone.
Trade Idea: will zoom to 15mins, wait for price to reach the box
Look for buy opportunity with bullish candle confirmation,
set stop loss at minimal and target 1:3 minimal risk reward.
solana . desending triangle breakout possible in this chart you can solana have a desending triangle which is trying to breakout . target 1, 2,3,4 are listed however we are only focusing in target 1 and 2 because iam a leveraged trader .
hope you get profit from this trade . use stoploss according to your entry . if you enter brefor breakout . use can use stoploss as your entry position if it breakout
SOL - Bull Flag I am playing this with an expectation to the upside, supported by a tight stop loss, no leverage and also while keeping an eye on other macro indicators like DJI, SPY, BTC for any confluence, influence or even divergence.
Solana SOLUSDT - Bull flag! + Broadening wedge- On the chart, we can spot a bullish flag, which is currently breaking out!
- Also, the price is above the key trednline (wedge).
- Profit target is 0.618 FIB
- RSI is ready for a breakout!
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
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SOL/USDTSOL again tested the $130 support levels and bounced from there. The resistance remains the same of $153 and need to be broken to turn bullish.
It is also trading between the support and resistance and unable to break either side yet.
I'll share more updates.
SOLUSD IdeaAn idea for Solana
NFT's will bring great potential to projects like solana
I am very bullish on Solana
Solana can raise againcheck solana dominance and uprising again
sol can raise again at least to 143$ and then 150$
SOL/USD - Soon to reach $100. Can we go to $60? 😪As predicted in my SOL idea a few weeks back, Solana topped at $216. Now we're correcting and this may take a while to finish considering the massive pump we had this year.
As such, best to consider shorts in this current structure as Solana is very likely to go to $100 before we have any good hope for a reversal. Even the support at $100 is a bit optimistic at this time, we may get a dead cat bounce, but if BTC and ETH don't hold their technical support at $38k and $2.7k (ideas below) then Solana will go lower, towards $60.
Buying at $60 feels much better to me with less risk. At $100 the risk is not for my taste.
The indicators are bearish. Daily is bearish and MACD on 3 day timeframe just did a bearish cross... Last time this happened it took Solana 2 months to turn bullish again. This time, as we completed a 5 wave Elliot structure, the bearish price action may last even longer.
That is why I think we have to expect SOL to reach two digits price before throwing money at it. :)
Don't get greedy and be patient. Your buy opportunity will come, but don't rush into it. Wait for some bullish signals like a bullish divergence on RSI or MACD.
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