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SOLUSDTPERP

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 price is in danger, read it if you have SOLANA 👇Today we will consider what prospects there may be for the SOL price Yesterday, 11/14/22, Solana's website published an extensive update on how much Solana Foundation is tied to FTX/Alameda. We will compress this information into a few paragraphs) Solana Foundation owns 1mn cash or equivalent in FTX accounts, noting that this is less than 1% of their capital. That is, we assume that the liquid capital of Solana Fondathion is +/- $100mn. - 3.24 million FTX Trading LTD ordinary shares - the value is close to zero. - 3.43 million FTT tokens - value at the time of writing +/- $7mn. - 134.54 million SRM tokens from DEX Project Serum, which Samuel Banckman-Fried created on the basis of Solana in 2020. - value +/- $37mn FTX and its cryptocurrency trading subsidiary Alameda Research (also co-founded by Bankman-Fried) have purchased more than 50.5 million SOL, which is currently valued at approximately $750 million. However, a significant portion of these SOLs is locked and have a monthly unlocking schedule that is scheduled until 2028. Solana Labs, the company that represents the founders and major contributors to the Solana network, has also sold over 7.56 million SOL (worth about $112 million) to Alameda Research. All these tokens will be unlocked for trading in 2025. Earlier, the CEO stated that Solana Labs was not affected by the FTX crash and has no assets on the exchange. But the market is not fooled , and Japanese candlesticks show the mood of market participants rather than indicators. The price of SOLUSDT fell by -57% over the past week, while the price of BTC or ETH fell by -20% Now the SOLUSD price has come to a very critical point. If Solana finds additional capital, it will probably try to push the SOL price at least to $40-50. That is, the blue scenario can be considered very positive and unlikely, analyzing the current realities. It is described above how closely SOLANA is related to FTX and its derivatives, so the price of SOL will react very strongly to any news related to FTX. Below $13 there is no liquidity for SOL and a drop to $2-4 is likely - this is a very pessimistic forecast, but in the current realities it is quite likely. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
24
SOLANA - It's not as bad as it looks.After stopping the downtrend on the chart, there is a breakout with a breakout of the historical support level. In order for this breakout to be considered false, the price needs to return above support with bars of renewed buying on rising volumes. There are sales through the claymatic, to confirm the purchases you need a test of this buyer, which stands at 12-15. Observe. If you liked the idea, please like it. That's the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
by Artem_Dishel
6
Soon will be a strong movement of SOLANA SOL price, but where ?The downtrend on the SOLUSDT price chart lasts exactly one year The maximum in November 2021 was $260, and the minimum in June 2022 was $26. Painful 10-fold depreciation of SOL in just a year For the last 4 months, the SOLUSD price has been in a long consolidation in the liquidity zone as in 2021. The exit from consolidation will be impulsive, strong and with a large %% value. Fixing the SOLUSDT price above $31 will most likely give a good upward movement to $59 and $79 Fixing the price below $26-26.5 may provoke a depreciation of SOLANA by another -50%. The culmination is coming soon - wait for it and jump on the side of the stronger ones. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
35
SOL, you look hammered, I think you might...PUKE! Like highlighted on the chart with the red circle, price grinding on a trendline in that manner could have severe consequences, to the downside. The trend is bearish and the possibility of a break to the downside is high. CPI data released on the 13th could very well be the trigger of it. I've also charted this in log scale so it would be easier to see how far Solana has actually risen, and how much lower can it go. Looking left I see major price action around levels like 15 & 4. Sharp eye might see another top pattern on the chart, let me know in the comments if you see it!
Short
by RiskCity
SOLUSDT 1D "Double bottom" or "Adam and Eve", SOL target $79-80A "Double bottom" or "Adam and Eve" trend reversal pattern is most likely formed on the SOLUSDT chart So far, all the necessary conditions have been met: - the first peak is sharp, with spikes and high volumes - the second peak has a U-shaped shape with low volumes In order to continue working out this pattern, the SOLUSD price requires: 1. Get a foothold at the top part of a global descending channel that has been going on for almost a year now 2. Break through and consolidate above $50 per SOL 3. On high volumes, break through the upper border of the global falling channel and reach the goal in the form of a strong mirror level in the area of ​​$79-80 per SOLANA token _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
by P_S_trade
18
Solana (SOL) - August 30Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (SOLUSDT 1W Chart) The interval 28.47-37.55 is the interval that determines the trend. So, the key is whether you can keep the price above 28.47. (1D chart) The key is whether the 'W' pattern can be formed by supporting and rising near the 28.47-31.81 section. However, for the short-term uptrend to begin, it must move above 37.55. A break above the 42.20-46.85 zone is required to continue the short-term uptrend. If it falls below 28.47 and finds resistance, it is likely to enter the mid- to long-term investment zone, so you need to be cautious. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
2