#SOL/USDT
#SOL
The price is moving in a downward channel and is expected to continue for some time
We have strong support at two areas where the entry can be distributed twice
The idea of correction is supported by the correction in alternative currencies during the current period
First level 60.00
Second level 42.00
With goals up to 160.00
Solona
TRB CAN FALL SAME AS SOLANA AND BNX DID.. Below $100Thanks for reading this update, remember that this update is not trading advice, but a chart view of what we expect.
We expect that TRB is going to break down in the coming time, there is nothing riskier in trading than the fomo volume. We have added before about the increased volume since this coin is a t $48 , the most TRB Volumes that are running now are from Bika . And Bika is not a holding platform. Binance was also the top holder of BNX..
By this previous update, we did expect an increase before it happened from $48.
Since today and depending on our study on this coin seems that it has a high chance of falling, we expect that it can fall below $100
The same effect that BNX and Solana have done before, this coin can do similar.
Further, this coin doesn't have a maximum supply, which means there can be added unlimited new coins that can affect the price action, and the exchange that did pump this coin is known to take profit exchange.
Trading TRB is very risky, it can have a time of pumping when the price time frame of increase is over, and it can enter into a fall.
Our study is done with high tools, including the technical view of the coin and the data of whale transactions and volume range study.
sol Zooming out, SOL could be in a massive Flat bearish ABC to around $1,900.
This would line up with the natural BTC 1/2ing cycle as well. Hard to Imagine after everything FTX & SBF and #Solona has been through in 2022. But as far as EW goes the pattern is possible.
Breaking previous ATHS from 2021 would be a good first step. ;)
ANT: POSSIBLITY TO INCREASE INTO NEW BREAKOUTBefore the FTT news, The crypto market was on a very important level to increase, and it was building for a new uptrend.
This did change a lot as its unexpected news.
Today we did scan the ANT coin which shows that it has the possibility to break out since it's on an important level.
Know that same time it can take more time, it's more interesting to follow this period as it's on the important range.
It was a time with no trading zone, but markets can change with time.
Possibility targets 3.17 and 4.04 USD
if there is a coming time of more trend volume power it could go to higher targets.
The scan of this moment shows that this coin is interesting to follow.
Same time it can take some time before this target will get confirmed.
#SOLUSDT #SOLONATrade setup: Following a bearish breakout from Ascending Triangle, price remains stuck in a Sideways Channel ($30-45). Swing trader could enter near $30 support and exit near $45 resistance zone. (set a price alert). Solana is experiencing strong adoption by NFT projects, which is driving solid growth in transaction volumes.
Trend: Uptrend on Short-Term basis and Downtrend on Medium- and Long-Term basis.
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral).
OBV (On Balance Volume): is flat, indicating that volume on Up days is equal to volume on Down days. Hence, demand from buyers and supply from sellers are in equilibrium
Support and Resistance Nearest Support Zone is $30, then $25. The nearest Resistance Zone is $45, then $60.
INJ Decentralized Blockchain :LONG TERM BETTER THEN SOLONA INJ can become the SOLONA OVER GAME COIN with price action, and can increase over the known Solona at long term.
Its now unknown coin, but it shows that it have on side of blockchain and also on price action a great market.
Its interesting to follow INJ to see when we can expect the first breakout 3 USD, from there the area are open to 7 USD and 15 USD as high target.
This all are personally view.
Depending on price action.
INJ moving into the side of stable trend, and can make soon some price action where we are going to see some breakout trends.
At this moment INJI show healty price action and its on range.
SOLUSDT ! Broke rising wedge pattern, looking very bearishHello traders 👋
On Aug 18, downtrend line broke rising wedge pattern. Therefore, it is more than likely downtrend line will continue. It confirms my trading analysis that I did on aug 9. After rising wedge pattern tests resistance line, it formed strong downward price movement. The sellers were waiting for the pattern to break the support line and they ordered sell orders which executed once orders had been confirmed. There were a lot of sell orders. As rise of DXY, it might not have a good impact on crypto market. Also to confirm there is a downtrend, 50 and 200 EMA curving downward.
Short position for SOLUSDT- The main bearish trend is still going on
- Momentum is still bearish
- Short term trend line has just been broken
Entry Point: $33 to $34
Stop Loss: $36
First Target: $28
DO YOUR OWN ANALYSIS.
DO NOT FORGET MONEY MANAGEMENT.
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Long SolDespite the very low descending slope, but instead of a sharp upward slope in the previous wave, I expect the end of the fall and the return of the trend from this point, considering that the divergence has also been confirmed! I hold my position until the sun | Attention! This is a weekly analysis
Solana Analytic📈Analysis of Solana cryptocurrencies
The price has dropped a lot after the downward trend and the conditions related to the Luna project and the whole market have come and gone.
Considering the chart conditions and the arrival of candlesticks on the midline and the positive market conditions, if we see an upward wave, considering the start from the midline, we can have the return of this project and exit the descending channel.
✅This is a good time to invest and hold
SOLONA short position ❌🧨Based on the chart, the price is close to the trend line and the resistance area ✔️
we
expect to see more correction to the downside from here or from our trend line ❌🧨
and
our first target is close to the major support ✔️
Please, feel free to ask your question, write it in the comments below, and I will answer.🐋
SOLONA close to support area and the round number 🚀Based on the chart after long time correction to the downside, the price has reacted to the support zone ✔️
and now
we can expect brief gain to the upside 🚀
and if
we lose the round number, here we will see more correction ❌🧨
Please, feel free to ask your question, write it in the comments below, and I will answer.🐋
SOLUSDT has broken below Support $106SOLUSDT has been making LHs and LLs after massive rejection at $138. It has been on a down trend and after breaking below $106 it is expected to go lower. It has also broken below a major trend line which is another indication for us. Above $120 this signals would be invalid. the first Target profit for this trade would be at $96.00
💎 SOLUSDT
🔵 Entry zone 113.78 - 104.32
🟢 TP1 96.00
🟢 TP2 86.00
🟢 TP3 70.00
🔴 SL 120.00
Good Luck 🎲
SOLONA the round number support 🚀Based on the chart, the price is close to vital support area and the round number $100 ✔️
if
the price stays above the trend line and support area, we will see more gain 🚀
if
we lose the support here, we can see brief correction ❌🧨
and
fundamentally and technically, we expect more gain for this brilliant token 📖🐋
Please, feel free to ask your question, write it in the comments below, and I will answer.🐋
SOLONA - Depending on TA on interesting zoneHello trading friends,
Depending on the low time frame - Solona is in an interesting zone depending on TA.
Coming to time Solona could show interesting trends for new increase trends.
Have good time
# this is not a trading call - trade only depending on your setups/
- It's very hard to find great increase scan coins when BTC price action has different moves, but those who are able to find the right coins, know your do a good job.
If you are a day trader - make sure there is SL and take profit.