SOLUSD.P trade ideas
The Great Wall of SOLSolana has held strong at around 129 since March of 2024 when it rose to 220. Right now, exactly 10 days before Breakpoint this is looking like a descending wedge pattern ripe for a massive pump beyond previous highs. I am extremely disappointed Crypto was not mentioned in IS Prez debate but perhaps it is for the better. Let the politicians keep chasing Crypto so this space can dictate more policy. Go Solana!
Is there enough juice for SOL?SOL trades around $132, just above 4HR 50MA, however, failing to stay above $135. If price stays within the current range and reclaims $135, that could be bullish. Otherwise, assuming the move to $135 was a fakeout, SOL could head back to $120.
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Classical analysis.
Supply and demand analysis.
On the daily and 4-hour time frames, the price formed an m-retracement pattern and then the price hit the neckline of the retracement pattern, which simultaneously reacted to the supply zone. Therefore, the pattern is complete and we enter the transaction.
r/r=1/2
sl:139.49
tp:109.23
SOL - 1W - Bullish pennantA pattern similar to 2021 is taking shape. A bullish pennant.
In technical analysis, a pennant is a type of continuation pattern.
It's formed when there is a large movement in a security, known as the flagpole.
Then, the flagpole is followed by a consolidation period with converging trend lines—the pennant—followed by a breakout movement in the same direction as the initial large movement, which represents the second half of the flagpole.
[SOL/USD] Solana harmonic pattern on 4 hour chartCRYPTO:SOLUSD is forming this pattern on its 4 hr chart.
Is Solana heading lower? SOL trades around $130, possibly testing 4HR 50MA as resistance. Reclaiming $130-$132 could lead to a retest of $135. Otherwise, a bearish signal at current price levels could lead to lower prices from $118 - $120.
[Crypto Currency] The forecasting of price movement of SOLUSD The forecasting of price movement of SOLUSD on Sept 9th, 2024
Buy ....?!@Solana coin is preparing to rise in the golden area for buying. There may be more manipulations. This is just an analysis and not a recommendation.
SOLANA: MINI CONSOLIDATION IS COMING?Hi guys,
I lost Solana the last bullrun but now I'm in a huge profit after the 2022 bear market.
At the moment I don't see so much strength on market due to USA election, this could potentially lead to a period of some months where profit could come mainly from shorting.
I don't like to short so I'm here to see if price drops and, in that case, add other funds to this altcoin, maybe this time 3x long.
Let's see.
SOLUSD BUY SIGNAL ANALYSIS FALLING WEDGE PATTERNHere on Solusd price has form a falling wedge pattern and is like to move up so if the line 133.33 break the chances of going rising up is high and going for LONG is needed and targeting profit should be around 142.86 and 154.49 . Use money management
(SOL) solana "resilient"Solana appears to be holding a strong flat pattern throughout the duration of the trending cycle of moving averages with the holding pattern reaching a resolute moment where the unknown may prove to be postively received, or negative if the MACD lines fall beneath the 0 neutral measurement. Solana is not immune to losing in price; it is capable of gaining too though.
Solana: Downward Pressure!We expect the downward momentum to continue into our blue Target Zone (between $85.15 and $30.79) before the same-colored wave (ii) comes to an end. Investors could open long positions within this range, whereby stops could be placed around 1% below the lower edge. With the correction low in place, the coin should finally rally decisively and break through the resistance at $210.03. Should this level be breached earlier, our 33% likely alternative scenario will come into play. This option sees the price in an extended wave alt.(i) in blue.
Look at that beautiful head and shoulders! Look!CRYPTOCAP:SOL going UP! What more do you need to see other than that beautiful head and shoulders?
SOLUSD BUY SIGNAL ANALYSIS RISING WEDGE PATTERNHere on SOLUSD price has form a rising wedge on 30 mins timeframe and is showing that there is a big chance of falling after breaking the line of 132.95 so going for SHORT is needed and targeting profit should be around 120.79 . Use money management
