In order to get out of the mid- to long-term investment realm...Hello?
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(SOLBTC 1W chart)
The key is whether it can rise with support around 0.0008297.
If not, it is expected to renew the recent lows.
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The HA-Low and HA-High indicators are created for trading.
Therefore, on the 1W and 1M charts, only support and resistance points are marked.
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(SOLUSDT 1W chart)
The Bollinger Bands are starting to contract.
So, we need to see if we can keep the price on 14.12 or later.
(1D chart)
I think that the range below 24.54-46.85 corresponds to the mid- to long-term investment area.
Therefore, the key question is whether the price can sustain its rise above 24.54.
If not, you need to check if it breaks out of at least the downtrend line (1).
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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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Solbtc
#SOLBTC - Reaching End of Closing Triangle, Time for a ShortWe're pretty close to the end of this closing triangle but there's time for a large Short trade to bag a good 25% taking the price to the lower support line as illustrated.
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Solana Path to the MoonHello Everyone, have been a while.
This is my prediction for solana path on the 12 hours chart.
History always repeats itself.
Also yesterday's drop was meant for that.
Macd, RSI are positive for solana.
Support was hit already so if we kept this price and above, will be very bullish for solana which is already late.
SOL/USD - Back to $20 and there is nothing you can do about it!Solana's "exciting" breakout turned into an unexciting fakeout.
With the price failing to move above the key resistance, bears took over and are now in charge.
For this reason I expect the price to revisit $20 before any hope of reversal is had.
I am also not very confident on the $20 support, but we need to wait for the price to land there to assess if that will hold or not.
Indicators also show a bearish divergence, just check the RSI. Volume also in red in the past three days.
Bias is bearish on this price action. Let me know what you think?
Like and follow if you liked this idea.
✳️ Can The Solana vs Bitcoin Consolidation End Now & Why?!Solana vs Bitcoin is likely to continue growing as the consolidation phase is reaching its end... Let's have a look.
SOLBTC peaked 15-Jan and has been consolidation since.
Prices moved below EMA50/21/10 and are now trading back above these levels, today.
While the consolidation phase takes place, the RSI stays bullish above 50.
The 0.382 Fib. retracement level has been hit. On a strong market, this is as far as corrections tend to go.
Since we have no follow through from the bears, no bear volume nor major drop, this strengthen the bulls case and after two days green, if SOLBTC closes above EMA50 next week can resume the next leg up.
Note: This analysis of a short-term move is invalidated if prices move and close daily below 0.0009200 but the bullish bias would remain intact and strong.
Namaste.
SOL's price is still inside the main descending channelSolana price increased to the resistance range of $25-26.5 after registering a solid upward wave, and at this level, it has been accompanied by reactions, which have turned its trend into a range mode in the 4-hour timeframe.
On the other hand, on the SOL chart, a strong support area was considered in the range of 18.5 to 20.4 dollars, and encounters to this level have been associated with positive reactions.
Note that the SOL's price is still inside the main descending channel and near the channel's top.
If the resistance is broken, Solana's next target will be the $35 range. In the 4-hour time frame, the range trend between the considered levels is quite clear.
Minor resistance is located at the $23.60 area, and if there is a negative reaction to this area, the price could return to the lower support area and the bottom of the channel. The main resistance can have a valid break if strong daily candles are closed above it.
SOL/USDT 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this SOL/USDT 1 DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis.
CHART ANALYSIS: Solana (SOL) prices plunged during today’s session, which comes as bears have seemingly recaptured market sentiment.
Following a high of $22.90 on Thursday, SOL/USD moved to an intraday low at $20.20 earlier in the session.
This drop resulted in the token hitting its lowest point since January 19, when Solana last collided with a floor at $20.00.
Since hitting a peak of 87.67 on the 14-day relative strength index ( RSI ) back on January 13, price strength has consistently declined.
As a result of this, the index is now tracking at 44.21, which is its weakest point since January 2 when SOL was under $10.00.
Ultimately, this has its positives, as longer-term bulls may see this as a sign that prices are gradually moving in the right direction.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Break out of the short-term downtrendHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day.
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(SOLBTC 1W chart)
The question is whether it can move above 0.0011394 and lead to a move out of the downtrend line.
A dip below 0.008297 could lead to a sharp decline, so you need to think about how to react.
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(SOLUSDT 1W chart)
The key is whether you can climb with support in the 24.54-46.85 section.
(1D chart)
It is important not to fall below the downtrend line (1).
In particular, to break out of the short-term downtrend, we need to see if the price can sustain the price by rising above 26.07.
Looking at the 'Strength' sub-indicator,
1. Overbought section: 1
2. Neutral: 2
3. Oversold section: 1
So, you can see that it is moving sideways.
I need to make sure this sideways is coming from MS-Signal or higher.
Most coins (tokens) are cup-shaped.
This type of finish usually results in a handle.
To make the handle, you need to wiggle it up and down.
It is unknown what size handles will be made, but it is predictable that they will be made, so a response is necessary.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at ().
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
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Important resistance at $48SOL entered a shallow correction over the past week after reacting to the $24.5-$26 resistance range, and the price dropped to the $20.50 range. It was again supported by the high strength of the previous bullish wave, and yesterday it recorded a strong bullish candle with a 20% increase in price. In the 4-hour period, if the strong bearish candle is not closed below the $25 range, the possibility of a complete break of the current resistance and further movement to reach the resistance ranges of $33.18 to $37.48 at the ceiling of the descending channel will be provided. This target is located exactly at the ceiling of Solana's main descending channel, but the main and important resistance from which we expect a strong negative reaction is located in the $48 range. If Solana's short-term uptrend line is broken, it can move below the current resistance range of the range trend.
SOL (Long Term Pathway)SOL/USDT
SOL price pumped hard from 8$ to 25$ (X3) in few days
and recently price started to rejection
well, this is normal if you check my chart as price is testing strong resistance ( channel + horizontal S/R)
If you missed my entry from my last idea at 15$ (66% pump)this not the end
The next long term pathway will probably be determined in next few days according to my chart
Scenario 1 : breakout
Breakout of both resistance and closing above will send SOl directly to higher prices
Scenario 2 : rejection
Incase of hard rejection here and BTC make a bulltrap and fakeout the next best buy will be around 5$
Iam leaning more to scenario 1 but as you know this is crypto and must be ready for anything , So never trade without a plan
I hope this idea will help you in trading
Please press the like button and follow for more upcoming analysis
SOL/USDT 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this SOL/USDT 1 DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis.
CHART ANALYSIS: Solana (SOL) started the week close to a two-month high, despite crypto markets starting to consolidate recent gains.
SOL/USD touched a high of $24.75 on Monday, before falling to a low of $22.68 less than a day later.
The move means the coin remains close to this weekend's high of $25.03, which was the strongest point for SOL since November 8th.
From the charts, it appears that sentiment is still somewhat bullish in Solana, which continues to track above support at 80.00 as the 14-day Relative Strength Index (RSI) continues to track.
As of writing, the index is tracking at 80.18, with Solana trading at a $23.42 price point.
If the index stays near 80.00 in the coming days, there is a possibility that SOL may once again move toward $25.00.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
In order to transition to a mid- to long-term uptrend...Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day.
-------------------------------------
(SOLBTC 1W chart)
As it rises around 0.0008 297, it appears to be gaining the power of a rise in a lifetime.
I think it needs to rise at least 0.0016623 to get the strength to rise.
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(SOLUSDT 1W chart)
In order to switch to a mid- to long-term uptrend, it should show support in the 24.54-46.85 section.
However, in order to continue the mid- to long-term upward trend, it must rise above HA-High, so you must shake it up and down to make the HA-High indicator fall.
So, be prepared for volatility.
(1D chart)
It needs to rise above 31.99 to continue the short-term uptrend.
If not, rocking it up and down will cause the HA-High to drop.
The question is whether the price can sustain it by moving above the downtrend line (1) and above 24.54.
The next period of volatility is around the 27th of January.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
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Solana Analyze (Road Map)!!!🗺️Solana is running in Descending Channel. I tried to use Elliotte's wave theory to show you the Road Map🗺️ of Solana .
Solana Analyze Analyze (SOLUSDT) Daily Timeframe ⏰ (Log Scale)
Solana completed its Main wave 3 in the lower line of descending channel, and now it is on the way to the Main wave 4. The Main wave 4 can finish 49.8$-46$ OR 38.8$ & and at my TRZ (Time Reversal Zone). About Main wave 5, I showed you the targets of it in my chart.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Solana Analyze (Short term, Timeframe 15min, 01/13/2023)!!!📱Solana was moving in an ascending channel in the 15-minute time frame when Solana broke the lower line of this ascending channel, thereby confirming the end of the main wave Y above the ascending channel and PRZ(Price Reversal Zone).
I expect Solana will go down at least until the support zone.
Solana Analyze ( SOLUSDT ) Timeframe 15min⏰.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
SOL is testing key resistant zone SOL / USDT
At 8$ mark, the price pumped hard with strongest volume entering the market since start the bear market !
Currently price is retesting the key zone (14$-15$) which act as a strong daily supply
If breakout done here … looks for 19$-20$ in short term
If rejection done here … looks for 9$-10$ in short term
So keep your eyes on the key level
SOL/USDT 4Hr UPDATE !!Hello, welcome to this SOL/USDT chart update by CRYPTO SANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Solana's price action over the past 30 days can only be described as a crypto roller coaster. After plunging below $10, it rebounded sharply and entered a significant rally on Monday, when the price rallied, closing with a 37% gain over the past seven days. This makes it the best-performing altcoin on our list this week.
After finding good support at $9.5, Solana entered a sustained rally that did not stop until $14. Key resistance is found at $15, and seeing its performance this week would be even more surprising to see a break above this level.
Looking ahead, a test of the key resistance appears probable. But for this to happen, the overall market needs to turn bullish or at least remain neutral. Otherwise, Solana could be dragged down to $10.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you