Solana is in a medium-term uptrendIn the previous analysis, we updated Solana from the price of $25 to higher targets and the targets were hit. Now we have new update for Solana
Examining Solana's chart, we found that the recent bullish waves are for a larger pattern. After correction of wave D, around the green range, we can buy Solana towards targets above $110
For risk management, please don't forget stop loss and capital management
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Solbtc
SOL LOOKS VERY BULLISHSolana's previous scenarios have expired.
With the new data on the chart, Solana appears to be completing an ABC. Wave A and B have been hit and are now entering wave C.
The target of this wave can be the price of 39 to 44 dollars. I specified the invalidation level, closing a daily candle below this level will violate the analysis
For risk management, please don't forget stop loss and capital management
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SOL LOOKS VERY BULLISHSolana's previous scenarios have expired.
With the new data on the chart, Solana appears to be completing an ABC. Wave A and B have been hit and are now entering wave C.
The target of this wave can be the price of 39 to 44 dollars. I specified the invalidation level, closing a daily candle below this level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
SOL/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this SOL/USDT update from Crypto Sanders.
Chart Analysis:- Solana (SOL) also rallied higher in today’s session, after climbing above the 33.00 level earlier in the day.
SOL/USD climbed to a high of 33.69 on Wednesday, which comes a day after falling to a low of 29.70.
Today’s surge in price pushed solana to its highest level since last November and comes after a breakout on the RSI.
Price strength broke out of a ceiling at the 73.00 mark, with the index now tracking at a reading of 77.05.
This is a marginal decline from a high of 82.00 earlier this week, which was also a key point of resistance.
In order to move towards a possible target at 35.00, bulls will need to force a surge past the aforementioned 82.00 point.
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SOL looks bullishSOL appears to be forming a bullish QM pattern. If it returns to the green area, you can look for a buy/long position. Every position needs confirmation and trigger.
For risk management, please don't forget stop loss and capital management
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SOL/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this SOL update from Crypto Sanders.
Chart Analysis:-Solana (SOL) extended its own gains to start the weekend, as the cryptocurrency finally rose above 22.00.
SOL/USD peaked at 22.20 earlier in today’s session, which comes following Friday’s low at the 21.39 level.
Earlier gains have since eased as the day matured, which came after bulls began to close previous positions.
One reason for this can be attributed to the RSI, which collided with a ceiling around the 53.00 region.
the index is tracking at 53.02, with solana trading at 21.92, as momentum begins to shift.
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SOL IS BEARISH (12H)Solana has a lot of growth and can have a good correction ahead. Especially since it is showing confirmations.
After collecting liquidity pools and encountering a resistance SWAP, there has been a bearish CH. There is a support near the candles, if it supports the price and reaches the resistance red box, that area is a good place to open short positions.
At lower prices we have a liquidity pool that is like a magnet for candles.
The main support is where I specified below. If the decline is confirmed and a bearish CH is made with the body of the candle to the lower green zone, there can be a decline.
For risk management, please don't forget stop loss and capital management
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SOL is risky for buyers!After a bearish CH and a lot of suffering it is now back to a place full of SELL orders. Be careful, this area has a lot of sales orders! The body of the candles may mislead you, but make no mistake, this is a strong resistance zone!
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
SOL/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this SOL update from Crypto Sanders.
Chart Analysis decided to take a break this week and did not make a second attempt to break the resistance at $25. Nevertheless, it still managed to book a 15.6% price increase, making it the best performer on our list.
There is good support at $22, and buyers should return there if the price continues its current correction. Overall, SOL remains in a clear uptrend, and it could try to break the resistance at a later time after this pullback ends.
Solana still has a good opportunity to explore higher levels later in October. The current targets on the chart are $25, $28, and $30.
I have tried to bring the best possible results in this chart.
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SOL/USDT 1DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this SOL/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- solana (SOL) also rallied strongly on Friday, rising above 20.00 in the process.
SOL/USD climbed to a high of 20.32 earlier in today’s session, following Thursday’s low at 19.22.
This surge has seen solana hit a nine-day high, which comes after three straight days of bullish momentum.
the uptrend comes as the 10-day (red) moving average rose above its 25-day (blue) counterpart.
Bulls are likely now targeting a higher resistance level of 21.00, which would result in a four-week high.
I have tried to bring the best possible outcome to this chart.
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SOL/USDT 1DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this SOL/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Solana bulls pushed the token toward the 20.00 level on Monday, as markets geared up for a key week of U.S. economic data
SOL/USD peaked at 19.95 to start the week, which comes following a low of 18.65 the day prior.
This surge in price pushed solana to its strongest level since September 8 when the price was last above 20.00.
Looking at the chart, the move comes as the 14-day relative strength index (RSI) rose above a key ceiling at the 49.00 mark.
the 50.45 mark with the next visible ceiling at 53.00
In the event price strength rallies beyond this point, SOL will likely be tracking around 20.50.
I have tried to bring the best possible outcome to this chart.
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SOL/USDT 1DAY UPDATE !!hello, welcome to this SOL/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Solana (SOL) rose for a third consecutive day on Thursday, as the price moved closer to the coveted 20.00 mark.
SOL/USD surged by as much as 5% in today’s session, hitting an intraday peak of 19.27 in the process.
This move comes a day after the world’s ninth-largest cryptocurrency traded at a bottom of 17.96.
Earlier gains in price have started to ease in the last few hours after the RSI closed in on a ceiling of 43.00.
it is at a reading of 41.05, with the token marginally below today’s high, sitting at 18.84.
Although 20.00 is still clearly the short-term target, it will likely take a significant amount of bullish momentum to get there.
I have tried to bring the best possible outcome to this chart.
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SOL/USDT 1DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this SOL/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Solana (SOL) was also in the green during today’s session, as it rebounded from a recent multi-month low.
SOL/USD peaked at 18.66 on Tuesday, which comes a day after the token bottomed out at 17.46.
Monday’s low saw solana fall to its lowest point since June 30, when the price was at a low of 17.12.
Earlier gains have somewhat faded, however, as bulls were unable to penetrate the ceiling at the 19.00 mark.
This has led to traders opting to secure their profits, instead of keeping positions open at this point of uncertainty.
I have tried to bring the best possible outcome to this chart.
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2023-08-22, Tue: SOLANA 4H (must stay above >$18 or ...)A sudden change of narrative in many major market including crypto market have rocked globally. Double top reached on RSI can be observed on 4H.
Focus on the support line which is critical now. More bearish sentiment than bullish this 3rd quarter of 2023.
SOL/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this SOL/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Solana (SOL) remained in the green for a third consecutive session, as it continued its push towards 25.00.
SOL/USD jumped to a high of 24.91 on Wednesday, a day after falling to a bottom at the 23.21 level.
this saw the cryptocurrency climb to a ten-day high, and close in on a collision with the 25.00 ceiling.
This comes as the price strength nears its own resistance point at 60.00. It is currently reading at 58.27.
In the event it hits the 60.00 zone, there is a strong possibility solana will be trading above 25.00.
I have tried to bring the best possible outcome to this chart.
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SOL/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this SOL/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Solana (SOL) also made strong gains on Tuesday, with bulls pushing price towards the 24.00 level.
After starting the week at a low of 22.49, SOL/USD raced to an intraday peak of 23.68, earlier in the day.
Momentum seems to have shifted in favor of the bulls, with solana now trading at its highest point since last Wednesday.
This is now the third consecutive day that SOL has edged higher, resulting in the RSI nearing a collision with a ceiling at 53.00
Currently, price strength is tracking at 51.87, with a move to the aforementioned target likely to result in SOL moving above 24.00.
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Detect change in trend (meaning of point 22.13)Hello?
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(SOLUSDT chart)
The decline is showing that the HA-High indicator on the 1W chart is about to fall and be created.
Therefore, it is necessary to check whether the HA-High indicator of the 1W chart is created at the point of 22.13.
If the HA-High indicator of the 1W chart is created at the point of 22.13, if it is supported around this area, it is expected to continue the mid- to long-term upward trend.
Accordingly, if support is confirmed around 19.49-22.13, it is time to buy.
However, since the first selling section is around 29.77, you need to think about countermeasures against this.
therefore,
1st: 19.49-22.13
2nd 29.77-33.39
In the first and second sections above, it can be seen that this corresponds to the split purchase section.
(1D chart)
The 24.54-46.85 section corresponds to the boundary section of the bottom section, so the rise may be limited in this section.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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SOL/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this SOL/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Solana (SOL) returned to the green during today’s session, snapping a two-day losing streak in the process.
After falling to a bottom of 22.52 on Thursday, SOL/USD climbed to a high of 23.13 earlier in today’s session.
Despite today’s rebound in price, Solana is still trading almost 7% lower than at the same point last week.
The rally began after the RSI bounced from a support level at the 45.00 mark, rising to a current reading of 49.04.
Bulls are likely targeting a move back above the 25.00 level, however, they will first need to move beyond an upcoming wall of 50.00 on the indicator.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you