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Solusdtsignal

SOLUSDT still at weekly resistanceHere is an LTF view of SOLUSDT. The price is trading rangebound between hourly support and resistance. This hourly resistance is a bit above the weekly resistance one WR1 which has held the upward movement of the price experienced in the past few days. The price has hit the hourly support several times only to bounce from there and has reached to the hourly resistance a couple of times only to be rejected. At present the price is bouncing from the hourly support and trading just above it. I expect that it may move up to 21.80 and then start going down. On high time frame, probabilistically it makes sense to go long only after weekly resistance is cleared. Until then short is favorable from weekly resistance on large time frame. Not in trade for this one at moment.
Short
by angela_altair
3
SOLUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Nothing has changed from my last idea, everything according plan. We start to grow like i expected. Entry: We're in pos from 17.3(look at related idea) Targets: 30 - 40 and maybe 50 (not sure) after first target reached move ur stop to breakeven Stop: (depending of ur risk). ALWAYS follow ur RM . risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions
Long
by trytofeelpositive
2
Sol Looks Promising Here Solana has recently broken out of a descending channel, and this breakout has already been confirmed. Currently, the price is in the process of retesting the breakout level. If this retest is successful, it could potentially lead to massive gains for traders who are long on $SOL. A successful retest would mean that the price of Sol holds above the previous resistance level, indicating that the previous resistance has now become a new support level. This would be a bullish sign and could attract more buyers to the market. If Solusdt manages to hold above the breakout level, it could potentially move towards 45$ Traders should keep an eye on the price action near the breakout level to determine if the retest is successful. It is important to note that a failed retest could lead to a drop in price, so traders should always have a stop loss in place to manage their risk.
Long
by Crypto-By-Ghazi
SOLUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: market and lower (17-14$) Targets: 30 - 40 - 50 after first target reached move ur stop to breakeven Stop: (depending of ur risk). ALWAYS follow ur RM . RR: 1 to 4 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions
Long
by trytofeelpositive
4
Solana long position (NEW)SOLUSDT has been ranging since mid of January 2023. Currently the price is in the mid of the range therefore we expect the price to retest the botom of the range around 20 $ or break the ressitance and continue the bullish move towards 37 %. The ideal scenario would be if the price breaks the resistance and retests it as a support which would be the entry for a long position. MACD is about to cross bullishly on daily timeframe. If it happens, most likely we will see the breakout of the resistance. However, everything depends on Bitcoin. If Bitcoin dumps hard, Solana may break the support at 20 $ and go lower towards 14-15$ support which would be still bullish as the price would create a higher low therefore 14-15$ may be an entry for long position. 3 possible scenarios are shown on the chart. Good luck
Long
by vf_investment
7
SOLUSDT Elliott Waves Analysis (Local Setup)Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: market and higher Target: 20 - 17 and maybe even ~15.5 after first target reached move ur stop in breakeven Stop: (depending of ur risk). ALWAYS follow ur RM . risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
Short
by trytofeelpositive
13