SOLUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
Entry: market and lower (17-14$)
Targets: 30 - 40 - 50
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 4
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
Solusdtlong
Solana long position (NEW)SOLUSDT has been ranging since mid of January 2023. Currently the price is in the mid of the range therefore we expect the price to retest the botom of the range around 20 $ or break the ressitance and continue the bullish move towards 37 %.
The ideal scenario would be if the price breaks the resistance and retests it as a support which would be the entry for a long position.
MACD is about to cross bullishly on daily timeframe. If it happens, most likely we will see the breakout of the resistance. However, everything depends on Bitcoin.
If Bitcoin dumps hard, Solana may break the support at 20 $ and go lower towards 14-15$ support which would be still bullish as the price would create a higher low therefore 14-15$ may be an entry for long position.
3 possible scenarios are shown on the chart.
Good luck
The target price for SOLUSD is 25.50
On the four-hour chart, SOLUSD has experienced a major decline, but has recently tested the support level at 21.5 twice and confirmed its effectiveness. This has resulted in a strong rebound, indicating a demand for an upward trend and clear bullish signals.
In the short term, the 21.5-22 range presents good buying opportunities, with a final profit target of 25.5. This is a long-term position, and those with large capital may consider following suit to capture maximum profits. For those with smaller capital , it is recommended to take advantage of short-term profits, and the chart provides suggested short-term exit points.
As an individual with deep research into cryptocurrency, foreign exchange, stock, gold, crude oil, and other futures products, I often provide updates on daily operations and positions. Thank you for your attention and support. If you have any questions, please feel free to leave a message, and I will provide the most reliable advice to assist you.
BINANCE:SOLUSD
SOLUSDT: No Position, No Problem! WAIT❗Hi Traders, Investors and Speculators of the Charts 📈📉
Let's take a comprehensive look at Solana - and this analysis could hold true for many top altcoins at the moment, since we see very similar price action across the coins with the higher market cap values.
Technical Indicators:
📈Phoenix Ascending containing the RSI, LSMA, EMA and momentum (buyers or sellers control)
Indicates that short term buying pressure has run out
📈 Fibonacci Bollinger Bands
Price is currently rejected at the basis of the BBands on the weekly. Without a strong close above, the macro trend remains bearish
Chart Analysis:
Immediate support zone is around $18, a likely place for a correction to land
Fibonacci Retracement shows that should the bull run continue full steam ahead, next target after the short term correction is around $40
Remember to check out related ideas on Bitcoin and Cardano below!
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CryptoCheck
#Solana SOL/USD -Daily chart#SOL - From analysing the chart, it is clear that the overall sentiment is bullish, meaning that we expected to increase.
However, it's important to take note that the relative strength index (RSI) is quite high, which may indicate that the market is overbought and could experience a short-term pullback.
Additionally, it's important to be aware of any resistance levels that may be present on the chart and to consider the historical patterns and trends. Despite the high RSI, it's important not to jump to conclusions and to evaluate the chart with a critical eye. It's essential to not make hasty decisions out of fear of missing out (FOMO) and to take a moment to think critically in order to come to a conclusion.
Overall, it's important to be careful and to make well-informed decisions.
SOL - Buying StrategyBYBIT:SOLUSDT.P
4H time frame
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SOL retested 20.235 and broke resistance made of previous highs, an expected pullback will occur to retest 24.07~25.05
Bullish continuation is based on the valid support from 24.07~25.05.
So we open long there follow below strategy.
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Entry: 24.07~25.05
TP: 27.9, 29.3
SL: 23.725
SOLUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart. (update)
Entry: market and lower (12.5 - 9$)
Target: 15 - 20 and 25-27$ zone.
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
SOLUSDT forming Flag Pattern!!SOLUSDT (4h Chart) Technical analysis
SOLUSDT (4h Chart) Currently trading at $13.21
Buy level: Above $13.4 (Buy After Breakout)
Stop loss: Below $12.5
TP1: $14
TP2: $15
TP3: $16
TP4: $19
Max Leverage 3x
Always keep Stop loss
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SOLUSDTHello again friends,
I come up with another idea of SOLUSDT buy signal as you may already know the weekend brings both curse and blessing for Monday , with patient we can escape the curse and get blessed by the market . SOLUSDT has been dumped hugely but now it seems like it is forming a recovery sign at least in the short term . SOLANA has reached a major level that push the market higher before with that being said we get a divergence on the RSI that is also at the over sold territory, the RSI divergence that come out of the over sold region is also confirmed with the MACD divergence . what is your viewpoint on this pair. please let me know in the comment section.
never trade without stop loss
use proper risk management
risk only what you can afford to loose.
#SOL/USD The Ship is Sinking.Many OGs shilling Solana on other social media platforms.
I sold mine way back when the FTT Drama started.
I had a small bag so didn't make much difference but for those who are still holding it be careful.
The chart isn't looking good.
Whatever you see on those platforms could be just an EXIT LIQUIDITY.
Be careful who you follow.
There are many other better projects to look at.
SOL has broken its long-term uptrend whole trading at $37 on 3rd November.
Lower support is at $4.12, $1, and $0.50.
I do not see any technical or fundamental reason to hold this coin though you are free to make your own decision.
This is not financial advice.
IMHO the only best coin to accumulate is BTC right now.
We may see a new low but that will merely be an opportunity.
Stay tuned and do hit the like button, I will be posting the last Bitcoin chart of 2022 later today!
CHEERS
STAY SAFE
SOL : Bounce soon...Solana has been trading at its support zone in the daily and weekly timeframe and is also following the ETH 2018 Fractal.
Currently expecting a bounce from here to the next macro resistance zone.