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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
by CryptoSanders9563
4
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
by CryptoSanders9563
1
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. 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) Solana is one of the worst performers in 2022 after a 96% price crash since its all-time high. To make matters worse, the price of SOL also lost 22% of its valuation in the past week. Furthermore, the cryptocurrency also declined below $10 and is currently struggling to stay above $9. Considering the historical price action, Solana is unlikely to find good support until $5. Such a drop in price after reaching around $260 in 2022 is surprising. This most recent accident can be attributed to significant projects and developers choosing to move away from Solana after the FTX explosion. That has shaken investor confidence in its future, with the outlook turning grim for Solana as it enters 2023. 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
by CryptoSanders9563
1
SOL - USDT 1HChart, targets and stoplossHello everyone, let's take a look at the 1H SOL to USDT chart as you can see the price is moving in the local downtrend channel. Let's start by setting goals for the near future that we can consider: T1 - $ 31.60 T2 - $ 31.86 T3 - $ 32.06 T4 - $ 32.27 and T5 - $ 32.56 Now let's move on to the stop loss in case of further market declines: SL1 - $ 31.35 SL2 - $ 31.04 SL3 - $ 30.79 SL4 - $ 30.54 and SL5 - $ 30.19 Looking at the CHOP indicator, we can see that in the 1H range we have very little energy, while the MACD indicator shows a local downward trend.
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by cryptodailyuk
19
SOL - USDT 1HChart, targets and stoplossHello everyone, let's take a look at the 1H SOL to USDT chart as you can see the price has come sideways from the uptrend channel. Let's start by setting goals for the near future that we can consider: T1 - $ 44.85 T2 - $ 45.73 T3 - $ 46.47 T4 - $ 47.2 and T5 - $ 48.23 Now let's move on to the stop loss in case of further market declines: SL1 - $ 43.56 SL2 - $ 43.02 SL3 - $ 42.48 SL4 - $ 41.68 and SL5 - $ 40.72 Looking at the CHOP indicator, we can see that in the 1H range we have more and more energy and the MACD indicator shows a local downward trend.
by cryptodailyuk
15M Interwal - SOL/USDT - Targets and StoplossHello everyone, let's take a look at the 15M SOL to USDT chart as you can see the price has broken the local downtrend line and is now back right on top of it. Let's start by setting goals for the near future that we can consider: T1 - $ 39.58 T2 - $ 41.05 T3 - $ 42.58 T4 - $ 44.65 and T5 - $ 47.40 Now let's move on to the stop loss in case of further market declines: SL1 - $ 39.01 SL2 - $ 38.16 SL3 - $ 37.52 SL4 - $ 36.79 and SL5 - $ 35.91 Looking at the CHOP indicator, we can see that the energy has been used up on the 15-minute interval, and the MACD indicator shows a local upward trend.
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by cryptodailyuk
1
Pullback now completed in daily chart. will SOL test 35$ again?In the daily time frame, the pull back has completed the downtrend line and the price is expected to decrease to the $ 38 area, and from there, it will start its uptrend up to the $ 60 area by forming a double bottom pattern. My prediction is that with the price fluctuating in the range of $ 35 to $ 60, Solana will enter a triangle, which at the end of the triangle is expected to break the downtrend line to reach the important $ 80 range, which has very strong resistance. Keep in mind that all of these behaviors also depend on the price trend of bitcoin. These statements are only personal opinions and are not a signal to trade.
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by DarknessEmpire
2