📈Solana analysis, Weekly insight into price behavior📉BINANCE:SOLUSDT
COINBASE:SOLUSD
Hello Traders, please check out my previous ideas.
In the next few days, Solana is expected to stabilize between near the red area.
If the price breaks below the mentioned area, the price will drop to the level of 14$ (probably price receive support here) and then 13-12 area.
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Solusdtsignal
Can SOLANA reach 100? Is it too soon?Yes I was looking short on Solana but SEC approved BTC-ETF. That's why every crypto pumps like its Bullrun. But few coins are much more likely to go even further and one of them is Solana. If we look closely Solana hadn't make Lower High since November 2021, all we had was little pullback to 140 area. If SOL close the candle below 32.5 in 1W TF I might consider to go in long position.
Solana's Potential Breakout to $55 - It's Time to Long!
If you've been keeping an eye on the market lately, you might have noticed Solana's impressive performance. This blockchain platform has been making waves and gaining significant attention from both investors and traders alike. With its lightning-fast transaction speeds and low fees, Solana is proving to be a formidable competitor in the crypto space.
But what's got me truly pumped up is the recent price action and technical analysis surrounding Solana. The charts are indicating that SOL is ready to embark on a remarkable journey towards the upper target of $55. This breakout could be a game-changer for those who take advantage of the opportunity to long Solana at its current price levels.
So, why am I so confident about Solana's potential? Let's dive into the details:
1. Bullish Momentum: Solana has been exhibiting strong bullish momentum, with consistent higher highs and higher lows on the charts. This upward trend suggests that there is a growing demand for SOL, and the market sentiment is overwhelmingly positive.
2. Supportive Volume: The recent surge in trading volume for Solana is a clear indication of increased market interest. Higher trading volume often accompanies significant price movements, and it reinforces the likelihood of a breakout to the upper target.
3. Technical Indicators: Various technical indicators, such as moving averages and oscillators, are aligning favorably for Solana. These indicators suggest that SOL is currently undervalued and poised for a potential upward movement.
Now, here comes the exciting part - the call-to-action!
If you're as enthusiastic as I am about Solana's potential breakout, I strongly encourage you to consider taking a long position on SOL. By doing so, you'll be well-positioned to ride the wave of this anticipated price surge and potentially reap substantial profits.
However, as with any investment, it's crucial to conduct your own research and make informed decisions. Keep a close eye on the market, study the charts, and evaluate your risk tolerance before making any trading moves.
Remember, timing is key when it comes to seizing opportunities in the crypto market. So, don't delay! Take action now and position yourself for a potentially rewarding journey with Solana.
Feel free to reach out if you have any questions or if you'd like to discuss further trading strategies. Let's make the most of this exciting opportunity together!
Solana Looking for Rise in its Price! {22/10/2023}Educational Analysis says SOLUSDT may go Long according to my technical.
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why Long?
Broker Binance
Although the SOLUSDT Market is in a downward trend on a daily time frame, On 4 hours it is making higher lows and higher highs.
So one trade is already on with RR is 1:4.85
Disclaimer
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS.
Happy Trading, Fxdollars.
SOLUSDT - H4SOLUSDT
There may be either the end of the ABC correction or a continuation of the local downward movement. When the correction is completed, the nearest target will be at 24.70.
If we continue to move down, we can see targets at the level of 20.10
What can you expect?
Upward movement - if we see a breakdown of the level of 22.47 - local targets - 22.80 - 23.14 - 23.57 - 24.70. Cancellation of the idea when the level of 21.69 is broken
Downward movement - if we see a breakdown of the level of 21.69 - local targets - 21.39 - 21.00 - 20.66 - 20.10. Cancellation of the idea when the level of 22.47 is broken
Long
Targets – 22,80 - 23,14 - 23,57 - 24,70
Short
Targets – 21,39 - 21,00 - 20,66 - 20,10
SOL reach all Targets and here is higher one1h time frame
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According to our previous analysis about SOL, this Head and Shoulders has been providing lots momentum to pump.
Here is the best timing to set protective stop to avoid unrealized profit gone.
Adjust SL from 18 to 22 or 20
Also, if you remain partial positions, I set two higher targets at 25.1 and 28.3, which are the next resistance zones.
Previous post as below.
[EN] Solana restructures to the upside // GaliortiTradingAfter overcoming the 2021 bearish trend line, the stock has performed a pull-back and rested on its long-term bullish trend line. From there, BINANCE:SOLUSDT restructured to the upside .
Donchian channels restructured to the upside .
After 127 weeks the RSI attacks for the third time its long term bearish trend line . If it breaks above it, the upward stretch would be considerable, with its first target at $49 . Medium-term target: $140 .
Pablo G.
SOLUSDT - Ready for big up move!SOLUSDT (4h Chart) Technical analysis
SOLUSDT (4h Chart) Currently trading at $19.50
Buy level: Above $19.40
Stop loss: Below $18.70
TP1: $19.8
TP2: $20.40
TP3: $21.20
TP4: $22
Max Leverage 3x
Always keep Stop loss
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SOL bottom Head and Shoulders1h time frame
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SOL creating a potential bottom HS. Currently, getting support at 19, However, right shoulder hasn't formed yet, so we might see lower low of RS. Neckline of this HS is obvious at 20.5
Once SOL break neckline on upside, there are two targets as below.
TP: 21.8~22.5 / 23.78
SOLUSDT - AnalysisSOLUSDT
W1 - The price cannot choose a clear direction, but if we say that it is a flat, the price updates both highs and lows, global movements cannot be considered. Locally, the price may reach 48.10 if it grows. When falling 12.77
What can you expect?
Movements to the upper maximum - with targets 32.03 - 48.10 with possible continuation of the movement
Long
Targets – 24.81 - 29.10 - 35.31
Long-term perspective – goals 24.81 - 32.03 - 48.10
SOLUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
Entry: market and lower
Targets: 27.5 - 33 - 39
after first target reached move ur stop to breakeven
Stop: ~18 (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
SOLUSDT Weekly Analysis after taken liquidity of the sell side and change of character and retracement to fill fvg we will see a continuation to taken liquidity of the buy side and retest of the supply zone so in low time frame we will see many opportunities for buy
- Trading is probability control your risk management
Good luck !
solusdtNew update of Solana currency
According to the previous analysis, the price did not have the necessary resistance and crossed the lower line of the triangle, and I expect further correction to the specified range. The number specified in the picture is my intention to enter the purchase transaction. When the price reaches the specified number, please check carefully. As a rule, below the green range is your loss limit. And I tried my best to make the picture self-explanatory.
With thanks for your attention.
Good luck.