In a significant development for the cryptocurrency landscape, Solana (SOL) has emerged as a more economically profitable blockchain than Ethereum (ETH) for the first time ever. This news comes amidst a strong year for SOL, which has significantly outperformed Ethereum in terms of price gains as well. Solana's Profitability Milestone On-chain analyst Leon...
🧠Structurally, we have successfully constructed a large double bottom bullish structure near the buy zone, so it is reasonable to maintain the bullish view and the ideal objective of this structure has not yet been achieved.📈 ⚠️But we will not chase the rise in the resistance zone. If we can have a good callback, it will be regarded as a good new participation...
Sol idea was shared few days back and it played out perfectly. Now i am looking for retest 158$ and then another push up.
Sol is one of my faviourite coin because of its liquidity and volatility. Its forming a clean setup OB+FVG+SSL setup. But first i will look foe liquidity sweep from supply zone then tap into sell side liquidity where is our fvg and order block. This is my setup and shown on the chart.
Solana is ranging on a strong support trendline and it's actually sitting on strong daily support. This chart is extremely bullish, and i think we are going up for the next weeks till the local top. Invalidation only below the black box
As I have reported out yesterday, technically Solana is trading in the "no man's land" and can move in either direction. A bullish move towards and a break-out of $165 will push SOL towards $205 and, possibly, higher. Below $165 , risk of bearish move towards $131 is still there and, if $131 is broken to the downside, we can see a further bearishness to...
Solana is trading in the middle of the daily range zone between $131 and $165, where (1) it can move from in either direction and (2) the price action is expected to be slow and choppy. A bullish break-out of $165 will push SOL towards $205 and, possibly, higher. It is yet to make a higher high relative for the most recent swing and until then there is a a risk...
Yesterday, Solana moved bullish in the H4 chart towards $157. 1. A bounce off $150, followed by a bullish surge to $157, could pave the way for $169-$175. However, reclaiming $157 is essential first. 2. A move to below $143 may exert further downward pressure towards $137 and $131, the key intraday support, with expectations for a slow and choppy price movement...
Solana formed a descending triangle pattern and has touched the support level. If this support is strong enough to withstand bearish movements, then the target is at level 144.83 or at the resistance pattern. However, you need to remember that this pattern is a bearish continuation pattern, which means that if this pattern breaks down, Solana will fall deeper. I...
Solana entered a key zone. It need to bounce now, otherwise it will be hard. Price crossed below main trendline, and it's entering daily support zone. If this level will not hold ($133-126) we could probably see the price to be traded again around $100
🧠We entered the correction phase after completing the cup and handle structure goal. The double top short goal has been fully achieved, and we once again obtained good support after returning to the buy zone, and successfully constructed a double bottom structure near the buy zone. There is a high probability that we will use this structure as a supporting force...
Probable wave analysis on the #SOLUSDT chart The bottom of wave 4 has either already been formed or is yet to come. Therefore, we have marked three points where you need to be as careful as possible when deciding whether to buy CRYPTOCAP:SOL or whether it is too early. 1️⃣ $120 - if the price does not go lower, further growth will be quite rapid, as buyers...
📊Analysis by AhmadArz: 🔍Entry: 143.96 🛑Stop Loss: 125.30 🎯Take Profit: 159.64 -190.98 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!
📊Analysis by AhmadArz: 🔍Entry: 180.85 🛑Stop Loss: 187.18 🎯Take Profit: 175.44-169.76-163.92-156.88-150.02 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!
Long Solana coin here. 50% of position. Will scale in rest over next 1-3 hours. Solana double top was obvious but got distracted fishing. Think we test 200$ sol in next 2-8 days. Let's see what happens.
We've seen a bounce off the support level!** Currently showing bullish divergence, so it looks like a good opportunity to buy based on the support level.
The last bottom zone of solana is $ 80 for me and I think I will buy from there if it falls. I think these two scenarios will develop, stay tuned. fibonacci levels are very important.
🧠Unfortunately, we did not continue the bullish power according to the previous cup-and-handle structure. This shows that the resistance and selling pressure above are relatively heavy, and corrections can be made through long-term consolidation. ➡️From a graphic point of view, we have the opportunity to form an ascending triangle. If we successfully break...