SOL Accumulation - Nailed the Bottom, Now Take Profits!Another one where we nailed the exact bottom. February 23rd, 2024 @ 11:04 PM
Now make sure you take profits on the way up!
SOLUSDTPERP
#SOL/USDT#SOL
The price is moving in a bearish channel on a 1-day frame, and it has now been penetrated and is being retested
We have a strong support area at 75.00 if the channel is broken down
Therefore, there are two possibilities that it will continue to rise directly from the current level
Current price 97
First goal 107
Second goal 116
Third goal 126
If the pattern breaks down, we will go to the main support area 75 and thus bounce from it
#SOL/USDT#SOL
The price is moving in a downward channel and sticking to its limits well
It was hacked upwards and is being retold now
We have respect for the lower border of the channel at the 100 level
We have an uptrend on the RSI that the price is following well
The first entry price is 107.41
The second entry price is 102.00
First goal 111
Second goal 115
Third goal 119
SOLUSDT: This way trade in 1 hr timeframeHello friends . Long So Short with me by SOLUSDT ;
according to the chart we expected the price touch the 103.89 so start downtrend by this way in the chart .
1.Long Position :
entry : 102.78 $
target : 103.89 $
sl:102.78$
2.Short position
entry : 103.89
sl :104.66
target: 100.59
Better days are coming for Solana.If you take a medium-term look at the Solana chart (4-hour or daily), you'll see a very impressive flag formation. Flag formations are usually indicative of an upcoming upward movement, with the condition that our flag's upper resistance needs to be broken for the rise to occur. In this chart, you can observe two different buying approaches. The first way is to make a purchase when the flag is broken, or as a second approach, you can wait a bit longer and buy when it reaches the range of 77 to 78. There is no reason to buy at the current level. Please be patient; money will come to you eventually. Good day and profitable trading.
📊#SOL will rise according to smiley face structure📈🧠We started to rebound after completing the correction at the daily level, and formed a smiling bullish structure in the subsequent consolidation. Yesterday we successfully broke through the short defense point, which means that the double top short structure was destroyed, which means that we The bullish trend will continue
Let's see👀
🤜If you like my analysis, please like 💖and share it💬
💕 Follow me so you don't miss out on any signals and analyze 💯
SOL Reaccumulation Ready to RipI don't think I even need to label this - here's a picture instead to compare
Solana - I hope it doesn't play out like thisI'm really hoping it doesn't play out this way, I would much prefer the accumulation and the bullish scenario, I think we all would. The thing that concerns me though is that the measured move from the high we just put in perfectly lines up with the bullish weekly OB and the monthly FVG, so stay on guard here and be careful
SOL Updated EW Targets/Wyckoff AccumulationHere's what I'm seeing on SOL right now for the bullish case
$167.67 Weekly FVG lines up with the 1.618 from Waves 1 + 3 and happens to land right on a very macro fib time
SOL Potential Re-Distribution LocallyThis is the other scenario I'm watching today over the next few hours - this could turn into a re-distribution. Obviously I would prefer if it went ahead with the accumulation but we may need to come down lower before we see a real spring
SOL Local WyckoffLooks to me like we're setting up the beginning stages of a distribution, or a re-accumulation. Here's the next couple steps. I'll update once we see how they shake out and let you know where I think it's headed next
Solana 2 of 2 Local Possibilitiesor... We continue up into this daily supply for the SOS on this larger accumulation
Solana 1 of 2 - Local PossibilitiesNow there's 2 possibilies I see from here. We either SFP this local SOS high and re-distribute, or.... (See related)
Solana Bullish Scenario EW & Wyckoff AccumulationI think this is the best case scenario for Solana right now on a larger time frame. It's worth noting that I'm not totally confident that it's going to play out this way, however it's worth noting these levels anyway because they will be significant eventually regardless
Check out my other posts for all of the potential scenarios I could see playing out
Solana EW & WyckoffThis is one of the possibilities that I like the most right now - C wave of the correction into the GP of the whole 5 wave impulsive structure, also the SOW on the distribution or re-accumulation (we'll see which one soon)
More Solana Dubious SpeculationThis one is the more bullish of the two because the AR would bring us up into the 170s before crashing back down. Again though I'm just messing around with the major macro fib time and some macro Wyckoff possibilities on this one
Solana Weekly - Dubious Wyckoffian SpeculationI'm kind of just messing around on this one with the major macro fib time - I think we all would prefer that it just kept pumping and we had a bull run but from a Wyckoff point of view that just wouldn't make sense. Be careful here
SOLUSDT FOR THE WEEKIf no anomaly occurs and bullish sentiment along with constant new developments on Solana chain continues, this current idea should stand, and will be my entries
Entry 1:98.4 - long (After break above 4hour retracement high.
Anticipate price to finally break the daily resistance. However, will secure partial profits at the resistance, and let runners run to 108 (wick high)
Entry 2: Will enter a sell position to scalp the retracement down to 102, where I'm expecting support to form between 98-102.
Entry 3: Will be placing a long entry after securing some profits on the retracement trade.
This time, anywhere within the 90's zone is a guranteed profit, I will look for a nice price action before entering, most probably 50% position size at 30x leverage, with TP at 123 and SL at 98.
🚧Solana(SOL) can Drop ➖15%🚧🏃♂️Solana is moving near the Support line right now.
🌊According to the theory of Elliott waves , Solana seems to be in corrective waves in the 4-hour time frame .
🌊The structure of correction waves is Triple Three Correction(WXYXZ) .
🔔I expect Solana to fall to the 🟢 Support zone($82.00-$75.20) 🟢 after breaking the Support line .
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Solana Analyze ( SOLUSDT ), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
SOL/USDT Looking BullishA bull flag formation is evident in SOL/USDT. I'm watching for a breakout, and if today's daily candle closes above $96.30, the next target could be $102. Keep an eye on it.
Sol/USDT: Preparing for a Bullish Move
The Sol/USDT pair is currently exhibiting signs of price accumulation within a defined zone. Based on my analysis, there are indications of a significant upward movement in the near future. Specifically, the 8-hour time frame appears strongly bullish, suggesting a potential rise of 25-40% for Solana's price in the coming days.
Please note that the information provided here should not be considered financial advice. Remember to conduct your own research and consult with a professional financial advisor before making any investment decisions.
