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 $48 range. If Solana's short-term uptrend line is broken, it can move below the current resistance range of the range trend.
Solbtc
SOL (Long Term Pathway)SOL/USDT
SOL price pumped hard from 8$ 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
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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.
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(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.
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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
SOL fluctuated wildly last weekSOL fluctuated wildly last week. After a fake breaking the support of $8.70-$9, buyers started to buy Solana with a high volume of trades. A stunning 50% gain took the price to the $13.5-$15 resistance range. After four days of war between buyers and sellers in this range, a negative reaction has been observed today.
But note that the power of buyers could have made the trend bullish in the 4-hour time frame. Therefore, after the correction wave ends, we expect another attempt by buyers to test the specified resistance break. Solana's closest valid support is considered to be in the range of $11.75-$12, which can also bring a positive reaction. If the blue area on the chart is broken, it can create signs of a trend change in the medium term.
Solana - Exponential growth, right now!
Solana looks extremely strong at this moment, and it looks like we will have an explosive pump! But it has already begun.
From a technical perspective, we need to retest the previous blue trendline, which is at 29.8 USDT. It's also the point of control for the previous price action. This is the first profit target, and I recommend selling SOL here.
The second profit target is more advanced. There are a lot of stop losses above the wave (4), so the market might find enough strength to get there. It's at 48 USDT.
In my previous analysis on Solana, I recommended buying SOL at 8.6 USD, so check out my previous idea in the related section down below for more details.
The chart is printing a broadening falling wedge on the weekly chart, and there is definitely the possibility to touch the top of the wedge in the immediate short term!
This analysis is not a trade setup; there is no stop-loss, entry point, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
As per my Elliott Wave analysis, the major impulse wave from the previous all-time high has been completed successfully, and at this point we should look for an ABC retracement to the upside.
I see a lot of signs that Solana has temporarily bottomed out on lower timeframes. The strength is currently incredible.
Counter-trends tend to be steeper, so there is a possibility of hitting my price target at warp speed.
If you want to trade Solana intraday, it's definitely a good opportunity because the volatility on this coin should be insane. I recommend only longs.
Thank you, and for more ideas, hit "Like" and "Follow"!
Solana - Buy here for a 452% PROFIT! (Best level)
You are wondering why SOL is falling drastically and maybe where the best level to buy is. In this analysis, I will show you!
Technically, this coin is very weak. The downtrend is steep and very impulsive, no doubt about it.
But it is also a great opportunity for buyers to speculate on the midterm long position. But first of all, we need to find the best level for it.
Fibonacci is a very powerful tool, and we can use the confluence of the FIB retracement and FIB extension to look for a level where there is likely to be a trend reversal point.
We need to take a FIB retracement (LOG FIB) from the previous huge uptrend from 2020–2021. We can see that 0.618 FIB is at 8.52 USDT. 0.618 FIB is, of course, the strongest FIB level.
Also, we need to take a FIB extension from wave 3 => 4 to predict a fifth wave. There is a pretty good chance that the trend reversal point can occur at the 1:1 FIB extension, which is around 8.74 USDT.
Because we have a very strong fibonacci support between 8.52 and 8.74 USDT, we can place a buy order here and wait for the price to reach this level!
Sounds pretty easy, doesn't it? I think we should see a lot of buyers here, and we can expect a major rally with a potential profit of 452%!
If you bought SOL at a higher price and you want to get out, then it's good news for you! I don't have any SOL at this moment, so I am waiting for the price to come to me!
The price is moving in the descending parallel channel, and this is also a great opportunity to buy SOL at the bottom of the channel, so we have another confluence to buy SOL!
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
I hope you guys will take this trade! Take care.
For more ideas, hit "Like" and "Follow", right now!
SHORT SETUP FOR SOLANAHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the SOL symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
SOLBTC '2D' - Long Range Forecast of 50% Gains!Just checking out the state of SOL at the moment - with a recent further dip down after huge losses throughout November. Are we now going to see the price bounce back a bit to touch the downward trend line that has formed? Or could we possibly break upward through this trend line?
It's quite a long range forecast lasting until mid-April so there will be plenty of smaller term trades to be made within this overall trend back to historical levels of support.
Is a corrective wave coming?SOL has registered 18% growth in the last 24 hours. Its price, which reacted positively in a very strong support range, has grown with the support of buyers up to the previous ceiling in the range of $13.85 to $14.90. The intensity of hitting this resistance is high, and there is a possibility of breaking this area and moving toward the resistance of $18.5-20.5. This resistance overlaps with the midline of the main descending channel and could send the price into a corrective wave. In the 4-hour time frame, we still do not see a definitive upward trend, and Solana's trend is upward only in the lower time frames. If the current resistance is accompanied by an initial reaction, the probability of the price entering a range below the resistance will be high. Among Solana's most important short-term supports, if the price enters a corrective wave, we can consider the range of 11 to 11.40 dollars.
✳️ Solana Rebound vs Bitcoin | Very Easy 65% + More PossibleEverybody is looking at Solana now and that is good...
Even though there is a shakeout happening on the major altcoins Solana is giving us a clear picture.
While the USDT pair is being reviewed by everybody, we chose the BTC pairing as accumulating bitcoin at low prices is the wisest choice possible for any cryptocurrency trader.
You can gain more bitcoins by buying altcoins with your BTC.
Ok. Solana vs Bitcoin (SOLBTC).
29-December gave the reversal signal in the form of a Doji at a new low/support.
This with an oversold RSI.
The signal is confirmed once prices move above EMA10 (yesterday) on high volume (today).
So we can consider this a real move.
Things can always change and reverse... Of course, but these signals are good and strong.
Very easy target for this bounce is set at 65%.
There can be much more because Solana has gone through a very strong correction.
The market moves in cycles...
After going down, what follows is up.
Thank you for reading.
Feel free to Boost 🚀🤗😄👍 for more!
Namaste.
Solana dump goodbyeWith FTX exchange collapse the whole crypto market has been collapsing.
Most likely Solana will dump hard as FTX which was the biggest Solana supporter / Investor did exit scam.
It may become very ugly for Solana holders.
We may see some scam pump but the main direction is south.
Be careful.
#SOL/USD The Ship is Sinking.Many OGs shilling Solana on other social media platforms.
I sold mine way back when the FTT Drama started.
I had a small bag so didn't make much difference but for those who are still holding it be careful.
The chart isn't looking good.
Whatever you see on those platforms could be just an EXIT LIQUIDITY.
Be careful who you follow.
There are many other better projects to look at.
SOL has broken its long-term uptrend whole trading at $37 on 3rd November.
Lower support is at $4.12, $1, and $0.50.
I do not see any technical or fundamental reason to hold this coin though you are free to make your own decision.
This is not financial advice.
IMHO the only best coin to accumulate is BTC right now.
We may see a new low but that will merely be an opportunity.
Stay tuned and do hit the like button, I will be posting the last Bitcoin chart of 2022 later today!
CHEERS
STAY SAFE