Are Solana lovers here?BINANCE:SOLUSDT Did you get high from how Solana held the most powerful historical level?
But we need to stand a little longer to go into space.At the moment, the chart is very favorable.Who can we thank for this positive development in the market?⚡️
Very strong purchases at the 200 level.I think 300 won't take long to wait.🚀🚀🚀
One small correction and people's market goals change dramatically. They forget about the action plan and how this market works in general.
Don't let your emotions control you. It's not going to do any good. Both in this market and in life.
Solsignals
Solana has made a new ATH (market cap). What's next?In crypto trading, most traders focus on price, but this approach can be misleading—especially since most coins and tokens, except Bitcoin (BTC), are inflationary.
In my view, market capitalization (market cap) is a more critical metric and should play a significant role in our analysis.
For Solana, recent optimism in the market pushed its market cap to an all-time high above $100 billion, and now it is undergoing a normal correction.
Technically, support for Solana's market cap is around $90 billion; if it holds above this level, bulls can anticipate continued growth and potentially a new ATH in both market cap and price, possibly reaching around $150 billion.
However, if Solana cannot maintain support above $90 billion, it may signal that the project’s perceived value is lower, leading to a potential decline.
In this scenario, we could see support levels at $75 billion, followed by $60 billion. Corresponding price levels might drop to around $160, then $120.
SOL (1M_Journey) Entry ( 168.8 ) Target ( 190) Stop ( 160 )BINANCE:SOLUSDT
1 Million Journey.
It is a long journey with NO FOMO & NO RUSH.
In those trades i will try to make 1 million USD from 1000 USD.
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(4)
Entry ( 168.8) 1000$
Target ( 190)
Stop ( 160 )
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General information
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1. throw this challenge i will try to make 1 million USD from 1000 USD
2. It will be very long journey not fixed by time with NO FOMO & NO RUSH.
3. I will take this challenge by my personal money and my personal decisions so please if you need to follow ( do your own plan).
4. May be i can achieve that target and may be not.
5. I think it will be educational challenge.
6. May be a lot of challenges Throw the journey, i will try to correct the path every fall.
6. I do not need 1000X in one coin but i need small profit with a lot of successful trades depend on the following formula for 10% Profit
NST= ( IN(FV/C) ) / ( IN (1+P) )
NST = Number of successful trades (NST)
FV = Final value
C = Capital
P = Profit percentage
IN = Natural logarithms ( IN from calculator)
NST = ( IN ( 1000 000 / 1000 ) / ( IN ( 1 + 10% ) ) = 6.908 /.09531 = 73.5 Successful trade. with no loses.
Risk management
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1. Entry by 50% or 75% depend on the market situation.
2. Maximum 5% loses per trade.
3. Maximum 1 lose per day.
4. Maximum 2 loses per week.
5. Maximum 2 trades per day.
6. Minimum rewards has to be 5% and the maximum depends the coin targets & market situation.
Trading rules
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1. Figuring the best entry point.
2. After achieving more than 5% profit moving stop loss to secure 5% profit .
3. Trading available opportunities in the market ( everyday - every week - every month)
4. Trading will be spot only.
5. Trading will be with trusted & high liquidity platform ( Binance coins).
6. (Monitoring coins - low liquidity coins) will not be traded .
7. (High rewards -low risks - fast trades - lower time frames ) will be traded.
Notes
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1. these rules can be changed due to the market situations and new challenges.
Remember always, NO FORMO - NO RUSH It is a long journey.
Thank you for reading,
@Crypto_alphabit
The last bullish chance of SOLANA !!SOLUSDT is in the ascending phase by the cup and handle.
SOL is in a large C&H if it follows these pattern, the price will have a nice rally.
⭐The pattern increases the price by the amount of the measured price movement (AB=CD).
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
SOLANA Close to breaking above the 1-year Channel Up.Solana (SOLUSD) made a bulls eye on our $65.00 July 27 target (see chart below) and is now attempting a critical break-out:
More specifically is it the second time it makes a marginal breach at the top (Higher Highs trend-line) of the 1-year Channel Up. The 1D MA50 (blue trend-line) has been in absolute Support during October - November's parabolic run. Technically if SOL does close the candle above the Channel Up, it opens the way for a 144.00 Resistance 1 (April 02 2022 High) test, as long as the 1D MA100 (green trend-line) supports.
However it has to pointed out that this is the first time on a Channel Up top that the 1D RSI's Lower Highs are flashing a Bearish Divergence. DUring the other two tops, it was alighed with the Lower Highs of the price.
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SOL/USDT Price Action Analysis 1HHello Traders, Here's my price action analysis on SOL/USDT.P (Binance) in 1 Hour time frame. We broke the downtrend structure mentioned as MSBs ( Market Structure Break ) and Change of characters are also mentioned in charts. Right now we are retracing golden pocket of FIB.R after breaking the download and there's only 18% chances according to the data of 82 Trades that It will break the uptrend in first wave. Our first target is 1 Risk:Reward, and second target is previous swing highs. Don't forget to write your opinion in comment section and like the idea. Happy Trading!!!.
SOLUSD +200% new year rally facing the most important ResistanceSolana (SOLUSD) has been on a tremendous +200% rally since the December 29 market bottom. The 1D RSI has turned extremely overbought, dwarfing the previous 80.000 of April 01 2022. That was a Lower High on the Channel Down pattern that has been in effect since the November 08 2021 market top, practically dictating the trend of this Bear Cycle.
The price now hit the top (Lower Highs) of this Channel with the 1D MA200 (orange trend-line) right above it. This is the most important Resistance for SOL as it is where it failed on November 05 2022 and April 02 2022 (been unbroken since January 20 2022, so almost 1 year).
A 1D candle closing above it would basically be the strongest buy signal into the new Bull Cycle, targeting the 1W MA50 (red trend-line) on the short-term. On the long-term, after a pull-back to the 1D MA50, and when it closes above the 48.90 Resistance (which had 4 rejections within May - August), we can target 144.00.
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SOLUSD a break above the 1D MA50 can target $1400.Solana has been too quite in 2022, contrary to its impressive 2nd half of 2021. The chart is pretty much self-explanatory so I will not go into much detail.
As you see, the price has been trading below the 1D MA50 (blue trend-line) since December 04 2021. Today SOL is testing this MA. A break above would be a strong break-out buy signal as this is consistent to both previous phases which formed the same pattern. In both phases SOLUSD started correcting the rally that led to Fibonacci peaks with Channel Down patterns. Those Channels formed clear Double Bottoms (or near) after a first 1D MA50 break (which was a fake break-out). After the bottom, a 2nd break above the 1D MA50 initiated a hyper strong rally. The last two peaks came on Fib 2.5 and Fib 3.5 extensions. It is possible that if the price breaks the 1D MA50 again now to see a rally of similar aggression towards the 4.5 Fibonacci extension around $1400.
Note that from an LMACD perspective, the current phase is more similar to that of late 2021.
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SOLUSD is repeating a pre-rally pattern. $1000 real possibility.I haven't updated SOLUSD since July and the upper break-out which gave me a $130 target:
Well the target got quickly hit according to the Fibonacci levels provided with Solana trading within a Channel Down (blue pattern) ever since its November All Time High (ATH) and since December 04 has been trading entirely below its 1D MA50 (blue trend-line). This is not a unfamiliar set-up for SOL as the very same pattern has took place before every major rally.
As this 1D chart shows, SOLUSD's usual growth sequence involves a Channel Up (green pattern), which leads to its blow-off top followed by the Channel Down that eventually breaks below the 1D MA50. When then breaks above the 1D MA50 for the first time, it is a signal that the next low is SOL's bottom. Right now the price has already made its 1st break above the 1D MA50 and also printed a Lower Low. Based on the pattern above, a second break above the 1D MA50 should kickstart the new rally, the target of which could be the 4.5 Fibonacci extension. Notice also how even the RSI and the LMACD are on their respective 12-month Support Zones.
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