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Solusdtlong

Solana (SOL) - why I'm being cautious with position size Start by saying I am Bullish on Solana, and we can see a repeating fractal and signs of strength with the inter-day breakouts. Though what I want to note is the relative weakness of volume with this recent move toward the inter-day breakout above previous high. I want to see some strong volumes in this move up and an trend of accumulation to back it up, as we have seen with the previous breaks marked on the chart. Rather we have seen a strong distribution sell off after last high and yet to see the volume trend keep pace with the price trend. We can see this in both the volume profile and the OBV. The last significant sell off from ATH took us below support on the OBV and we have only just broken above. This is not to say that Sol will not make some significant gains in the near future, and I am currently long on SOL, though I will be cautious with my position size. It is yet to fulfill my criteria with volume signatures to be a A trade possible we might see some intraday weakness before strength, could speculate on a rejection from this range and possible cup and handle to confirm buyer support. All speculation - waiting for further confirmation (Note: this post could plausible be written about BTC daily chart at ATH too. weekly is bullish, daily has some question marks)
by jamoooo
SOL - TRADE SETUP SOLANA is forming a Bullish Bat Harmonics Pattern and the D leg will be completed at the 0.886 fibonacci level. Many indicators are also showing that this massive sell-off trend will reverse soon and this 0.886 area is by far the best area to place your orders. Make sure to DCA when SOL goes below $140. Expecting a reversal soon especially with the completion of this bullish harmonics. We all know about the amazing Fundamentals behind SOL and with amazing developments on SOL I do see SOL getting strength very soon. So with SOL, the best Support Zone is between $130 - $135, buy / long SOL at those areas if you see them with confidence! This TA is done on 4hr timeframe so it might take some time to touch the buyzone and hit the take profits so be patient. Buy Zone: $130 - $135 Sell Zone: $144 - $200 I'll keep this chart updated. SOL's Current Market Price: $140 Good Luck. If you liked the idea please give like and follow.
Long
by TychonTrades
9
Solana (Sol) Update 20/09/21: Solana New ATH, the road to $309 Solana (Sol) Update 20/09/21: Solana New ATH, the road to $309. Solana looks like one of those Alt-coins that will match BTC performance and may even outperform BTC in Q4 with an already explosive growth during the last 3 quarters. From here it is important to see SOL reacts to the ATH price price around $195 to $216. Since reaching a new ATH on the 9th September @ $216, Solana been struggling to regain enough momentum to break above the 78.60% since September 11th when Sol retraced by of 40% from $190 to $115. Sol has been consolidating in the range between $168 and $138 range for over a month (36 days). From here we can expect a break above the 78.60% and a retest of the ATH at $216. Our current price Targets for Solana from the current price: 127.20% Fibs at $257 (50% Gain) 161.80% Fibs at $309 (78% Gain) 261.80% Fibs at $459 (166% Gain) 423.60% Fibs at $702 (305% Gain) Please see previous analysis below. Happy Trading :) 9/09/21: Just over six days ago Solana was just 5% from the $150 price target forecasted at the beginning of the year. Within the last three days, Solana has gained over 49% in value, hitting our target at the 161.80% fibonacci level. From a quantitative, technical view It looks like Solana has topped. From here we can expect a small cool down period in the range between the 78.60% fibonacci level between $136-$121 before the next leg up on this parabolic run. Price target at the 161.80% fibonacci level @ $210 was met, the next target from here is at the 261.80% Fibonacci level (60% gain from current price level). 6/09/21: Solana is now at a New ATH $154. The Solana Moonshot is clearly leading DeFi Summer. Three days ago Solana was just 5% from the $150 price target forecasted at the beginning of the year, It has grown over 10% since then. From here we can expect a small cool down period in the range between the 78.60% fibonacci level between $136-$121 before the next leg up on this parabolic run. Price target from here are at the 161.80% fibonacci level @ $210 (49% Gain from the current price level). Solana Update 03/09/21: Moonshot leading DeFi Summer, Solana is currently 5% from the $150 price target forecasted at the beginning of the year. From here we can expect a small cool down period in the range between the 78.60% fibonacci level between $118-144 before the next leg up on this parabolic run. Price target from here are at the 161.80% fibonacci level @ $210 (49% Gain from the current price level). Please see previous analysis below. Happy Trading :) We could see a $150 Solano very very soon, only 24% away from the 461.80% fibonacci extension . $150 Solano would mean If Solana had a market cap of $43.0B, 1 SOL would be worth $150.00. Since the buy signal triggered on the 3rd August with the 13EMA crossing up above the 50 SMA , Solano has grown over 400% in the past month. We forecasted a $150 EOY target for #Solano, it looks like we could reach this target Early September. Defi summer is happening and Solano, Luna, and Avax are all leading the way. We can expect similar growth moves in Polygon (Layer 2) over the next few months and We believe Solano is only just getting started here. Happy Trading :) Key Info on Solano: It is evident that one of the most focal dilemmas that the blockchain sphere faces is the issue of scalability and slow transaction times; Solana aims to fix this vital issue that needs to be remedied. Boasting 60,000 transactions per second, one of the fastest blockchains in the world and growing, Solana has the team, the community and the resources to propel blockchain into the mainstream sphere of influence. This is a new era for blockchain technology, an era of transaction times that rival mainstream and antiquated methods of transaction validation and processing. Solana will be a project and network that will accelerate the adoption of blockchain technology. This is just the beginning.
SLong
by CryptocurrencyMagnet
1
SOLUSDT Daily TimeframeSNIPER STRATEGY (new version) It works ALMOST ON ANY CHART. It produces Weak, Medium and Strong signals based on consisting elements. NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear. TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL. ENTRY PRICE BLACK COLOR MOST PROBABLE SCENARIOS TARGETS GREEN COLOR LEAST PROBABLE SCENARIOS TARGETS RED COLOR DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING. It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave. The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe. Consider those points and you will have a huge advantage in the market. There is a lot more about this strategy. It can predict possible target and also give you almost exact buy or sell time on the spot. I am developing it even more so stay tuned and start to follow me for more signals and forecasts. START BELIEVING AND GOOD LUCK HADIMOZAYAN
Long
by hadimozayan
breakout after a fakeout ?Hi traders, I have observed many times that before a reversal move, there will be likely a fakeout. As you see, it does first a fakeout. And now it is making a breakout and re-test. In my opinion, it will bounce from there. In case of the movement becomes a fakeout, I will stop loss below the trend line in 4 hour close. Besides it, Blue lines are the strong levels, Black lines are relatively weak levels. Based on your strategy, you may close your position around every black level partially, or may close your position around blue line totally. Stay safe.
FTX:SOLPERPLong
by bahadirkisbet