SOLETH
SOLETH OpportunitySolana (SOLETH) pair weekly chart is presenting us with a great opportunity to grow our ETH holdings with a SOLETH trade over the next several months.
This is based on the weekly chart so it will take 2-3 months to play out. Solana is getting ready to gain against ETH. This could happen in several ways. One way simply is that SOL gains in price in a significantly faster pace against the ETH .
Another way it could happen is that ETH falls while SOL stays pretty stable range bound.
The right side of the chart is showing possible USD valuation of the move while the chart on the left side is the SOLETH pair. Either way I'm expecting an exponential move in SOL price on the way to .618 fib retracement levels.
I'm exchanging some of my ETH to take this trade. Again regardless of the USD price, the goal is to accumulate more ETH in the long run. And if it doesn't work I have a great allocation of SOL that I don't mind holding for the long term.
My initial price target for SOL is $30. If we break that on a weekly close, my next target is $46. I will be taking profits back to ETH, if we hit those levels.
Not a financial advice so DYOR.
SOL/USDT 1DAY UPDATE BY CRYPTOSANDERS Hello, welcome to this SOL/USDT 1 DAY chart update by CRYPTOSANDERS.
CHART ANALYSIS:- Solana (SOL) also climbed higher in today’s session, with prices colliding with a key resistance level in the process.
Following a low of 20.38 on Thursday, SOL/USD surged to a peak at 21.30 earlier in the day.
Since hitting the aforementioned ceiling at 21.30, momentum has somewhat weakened, due to bulls securing earlier gains.
Another reason for this is that the RSI is close to a resistance level of its own at 55.00, leading traders to act more tentatively.
The index is currently tracking at 53.64, and should it eventually cross the hard line at 55.00, bullish pressure will likely increase.
Some may expect this to happen over the weekend, as traders continue to digest today’s economic data.
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/USDT 1DAY UPDATE BY CRYPTOSANDERS
Hello, welcome to this SOL/USDT 1 DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this CHART ANALYSIS: Solana (SOL) remained in the red as the coin extended its recent decline to a third session.
After hitting a high of 22.74 on Sunday, SOL/USDT fell to a low of 21.01 earlier in the day.
Monday's price drop has sent SOL to its long-term support point of 21.00, resulting in its lowest level since April 26.
The coin has rebounded from the previous lows as the RSI has found its own floor at the 44.00 mark.
As of writing, price strength is tracking at 44.57, with a range of 49.00 a potential target for the bulls.
If momentum picks up, and more bulls re-enter the market, this could lead SOL to climb above 22.00.
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.....
SOL going bullish on the mid-and long-term TPISOL exhibits strong bullish sentiment for both the 3D (Long-term) and 1D (Mid-term) TPIs:
which indicates promising growth potential that may fill the channel fib level at 1 (~34).
Furthermore, SOL is currently displaying signs of outperformance compared to ETH:
A green SOL/ETH color implies that SOL is surpassing ETH, and if the bullish trend persists, SOL may offer higher returns in the mid-term.
Assuming that the CPI does not significantly erode market participants' confidence, alternative cryptocurrencies (altcoins) are expected to experience further growth, and SOL may be an excellent investment opportunity in such a scenario.
LONG SOLANA - SOL/ETH$SOL / $ETH
I would not be fading #Solana (aka "for the poor")
#SOL
-@CryptoCurb
SOL/ETHSOL/ETH
$SOL showing high relative strength vs $ETH.
If this were to happen, would #SOL still be considered "for the poor" by die hard ETH-heads?!
-@CryptoCurb
SOLETH is looking interestin right now. What do you guys think?Sol is currently at the bottom channels of the pitchfork and testing interesting areas of support.
SOLETHwhat a chart mostly
so bullish its almost hard to want to buy some as the pullbacks look like they could be tremendous
yet its around the sentiment low here
interesting at least hadnt seen this chart before
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 triangle breakoutSolana broke up this triangle 📐 and I think there is chance for run to 237 and even higher. Setting BUY LIMIT order to catch the pullback and add to my bag. Check the other triangle breakouts in related ideas. SOL , just show us some love!💕
ENTRY : local high @ 149
SL : local low @ 128
TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 237
RRR : 4.3
INVALIDATION : when SL level hit
Please like👍, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
SOLETH hypothesis about 1/5 of Eth before 2022SOLETH graph made so bull filling for all the crypto till 2022
I think it will keep under redline in next future
But fib is showing that 1/5 of ETH for SOL is already in code, in a market, in technology, in psychology of us.)
Ethereum terms apply. Do not rush.The domino effect applies.
BTC+ ETH+ rise ALLCOINRise
BTC+ ETH+ down ALLCOINDown
We compared it to Ethereum. But Ethereum is not. Solana, Ethereum Classic, Neo, Ada,Dot, etc. as smart contracts.
They will leave it in the middle like a doge coin.
I will not let anyone else destroy the tower.
Me and my team will destroy it personally.
This pain is unbearable. It will not fall. It will crash.
Identify non-falling places. We're going to lower it.
Good luck with our new Doge coin.
Lots of gains.
Trading Cycle |Optimism.
Slowly, without fear.
without pain,
We're planning to explode it at once.
3 times more than in the past. We will enter such an open position. that there will be no such thing as Stop.
Is the decrease 10%, 15%, 20% or 25%? 50%? %80?
Let it rise, let's fall harder. Open your way up.
Get harder, get tougher.
If Ethereum goes down, don't pity any coin. (SHORT)
Fire Everything. (SHORT)
The fire is close to extinguish. Throw wood on the fire. (SHORT)
You saw that the fire was going out.(LONG)
This time, pour Water on the Fire. (LONG)
Plant Saplings in the Ashes. (LONG)