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SOLUSD

SOL/USDT 1DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this SOL/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Solana (SOL) was also in the green during today’s session, as it rebounded from a recent multi-month low. SOL/USD peaked at 18.66 on Tuesday, which comes a day after the token bottomed out at 17.46. Monday’s low saw solana fall to its lowest point since June 30, when the price was at a low of 17.12. Earlier gains have somewhat faded, however, as bulls were unable to penetrate the ceiling at the 19.00 mark. This has led to traders opting to secure their profits, instead of keeping positions open at this point of uncertainty. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
Is SOL about to see a big sell-off? SOL has reached a critical support level at 17.763.() Despite a minor price recovery, the daily candlestick exhibits a notable long upper shadow, indicating the prevailing strength of the bearish trend. - Analyzing the four-hour chart, there is potential for the formation of a bottoming pattern, as seen here: It's advisable to closely monitor SOL's price behavior after it reaches the resistance 19.465~20.446. - Notably, recent information from September 10th this year reveals that as of August 31, 2023, FTX holds $34 billion in crypto assets, with SOL accounting for a substantial $11.6 billion share. If FTX decides to divest its SOL holdings, the market could experience significant turbulence. Prices may have the potential to descend to a lower support level around $15.985, or potentially break the trendline, giving rise to a bearish flag pattern. In such a scenario, attention should be directed to 12.680~13.160, as this constitutes the critical support zone for SOL. -
by noah_chen
1
Is there hope for SOL? Although the last article talked about SOL reaching its inverse H&S target, it hasn't smoothly reached the expected price of 27.00 after struggling to break through 25.244. - In the chart, you can see SOL had a big drop at 25.244 and broke support levels at 22.845~23.460 and 21.979. Keep an eye on 21.979 as a tough price level since SOL continued to drop after testing it multiple times. SOL has been on a step-by-step descent since its high point at 33.010. Stronger support levels around 15.985~17.763. - Check out the daily chart here: SOL still maintains a pattern of higher lows on the daily chart, but breaking through some resistance levels is key for an upward trend. -
by noah_chen
SOL to the 27-28USDcIn the current scenario, where SOL/USDT (Solana against USDT) is forming a "bull flag" pattern, there has been observed a positive price movement that suggests a potential increase to the range between 27 and 28 dollars per SOL. The bull flag pattern is typically seen as a continuation pattern within the existing trend, which in this case could be an ongoing upward movement in Solana's price. It is anticipated that the breakout from this bull flag pattern could lead to testing resistances at higher levels. This way, SOL could move towards the target range of 27 to 28 dollars per SOL. It's crucial to monitor whether this upward trend is supported by sufficient trading volume and investor interest. In the event that the ascending trendline is breached, and SOL/USDT falls below this level, there is a risk of another downward move. This could result in disrupting the current upward trend and initiating another corrective phase downward. Therefore, it's important to keep an eye on price levels, trading volume, and technical indicators that might indicate the strength or weakness of the market movement.
CRYPTO:SOLUSDLong
by Bitcoinblockchainonline
it's time to going down forbefore buying, please check for being sure about your opinion about this CRYPTOCURRENCY!!! (in every target you want closed the position but our target is the third one) be rich... and doing and living in the best quality *-* (Guy's the entry place is importance things in enter in a position and be careful do not going up your leverage over 7x ,all things it's about risk management) ************************************************* if you want to enter in this position: Enter Price: 25.70 Target1: 24.05 Target2: 22.23 Target3(Final Target): 21.37 Stop loss: 27.42 *************************************************
Short
by MakingMoney444
4
SOLANA - Lower Timeframe Overview ✨In our Higher Timeframe post on SOLANA, we identified that we were in Wave B and we were looking for one more move higher to complete the pattern. We can see that wave B is divided into 3 subwaves. We are now in subwave C = 5 waves. We've already seen wave 1 and now in wave 2 of wave C. We are looking to catch the rest of wave C on break of the red trendline and ride it up 200% to our target of around 60. Trade Idea: - Watch for bullish reversal patterns on lower timeframe - Safe entry on break of red trendline - SL below price once red trendline breaks - Target: 32.5, 50, 60 Goodluck and as always, trade safe!
BINANCE:SOLUSD
by WicktatorFX
5
SOLANA - Higher Timeframe Overview ✅On a higher timeframe, Solana looks perfect from an Elliott Wave perspective. We have a nice 5 wave impulse for wave 1 and now we're in an ABC correction for wave 2, which appears to a zigzag pattern. Zigzag patterns consist of 3 major waves subdivided into the following subwaves: 5(A), 3(B), 5(C). We are currently in Wave B and looking for a move higher for completion of the correction. See below for our lower timeframe analysis: Goodluck and as always, trade safe!
BINANCE:SOLUSD
by WicktatorFX
6