solana analyse*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
SOLUSD trade ideas
SOL - Brave Bearish AttemptSOL is currently trading near its LH and fter formtion of bearish candle )tweezer top followed by red candle) a risky trade can be taken with entry price of 187 and stoploss @ 193
SOL To short only 1 to 4 hours tradeSOL Making LH and LL in 1 hour candle, i believe that it can give you profit in short term if you follow my strategy which i have provided in the chart.
SOLUSD GOOD AREA TO SELL 1HAs we can see market came to test important area and looks like its rejected
If we close this 1H below 194 i will take this sell and target 145.38
Will take profit along the way, will update wile doing so
Thanks for stop by
SOL Taking the corrective swing structure from 210.14 -162.39 we are approaching the golden pocket. We are sitting above the Icho cloud on a 4 hr time frame which lets me lean on the long side of the trade atm. Will not be surprised if we see a move to 176.57 which allow falls in place with the 100 ema.
SOL RIDE - Where we have been and where we are going!I am amazed how people are calling for massive SOL drops randomly without basis....
Back up - Look at the SOL history - NOT JUST PRICE - Fading SOL is a big mistake! SOL is not a mere MEME coin. This is a Facilitator Protocol that supports a whole universe of activity. SOL began with high valuation BECAUSE it seemed like a game changer that would make things 10,000 times faster - RIGHT OUT OF THE GATE!
Solana Labs has DELIVERED and the SOL universe continues to GROW. If SOL were a tree in the rain forrest it would be a massive ecosystem unto itself. HOWEVER - SOL like every single asset REAL or NOT in Crypto FOLLOWS BTC price action. Historically - When BTC went to 69k, SOL hit it's ATH of 260. A month before FTX scandal went mainstream Crypto Rumors sent BTC down to 15900 and SOL went down to 8.90! And now look where we are and where we are going ........ 🚀🛸🚀 right along with BTC and really - beyond!
But SOLANA team only got more focused and stronger. I got into Crypto Space back then after watching on sidelines for some time. I was very impressed by the resiliency I was hearing from these Devs at SOLANA who were on the total brink of collapse. They were undeterred in their mission and conviction. Now we are seeing some of the fruits of their work and we are enjoying super fast super cheap trading across platforms and exciting developments in pipeline that might compete with IG and Facebook and ZOOM - on SOLANA chain.
Look at history. Look at the REASON why the thing exists. Retracements and Corrections happen, but SOLANA will not fall all of the sudden on it's own without a black swan or a BITCOIN major Fail. IF the crypto industry flourishes - SOLANA will continue to be a diamond. If this happens Price will likely be 1000-2000 or more next few years and SOL will compete and maybe eclipse ETH. For sure the competition will make them and other spaces better.
STOP FUDDING SOL WITH NO BASIS! Study !
FOR SOME OF THE SOL HISTORY I rec this little timeline - timepath.org Happy Trading!
SOL:: Stay positive There is no reason to turn bearish on SOL. Price action is now consolidating and ready for the next push. Price is now trading on support (185) and could rebound from here. Even better for the mid-term bullishness would be a test of the 50 and the 100 SMA, which are just below. This would give the tailwind to push through what has been a short-term resistance (195).
Sol/Usd SOLANA Hello traders and investor!
In my opinion, Solana should make a price reassessment of $57 and then wait for the increase to $217. I think the best price to buy should be 57 dollars. Be careful!
MAKE MONEY AND ENJOY LIFE 💰
THANK YOU!
GOOD LUCK!
🙏🏻🙏🏻🙏🏻
Solana retracement Solana Fibonacci retracement levels have setup massive gains this month. Will the trend continue into April? CRYPTOCAP:SOL Fib .786 buy
BTC needs to be healthy.
Price target solana 220
SOLUSD Neutral Outlook CRYPTOCAP:SOL is at a unique point in its recent breakout. As you can see with the blue lines we broke out of a bull flag recently. This move has since shown higher lows and higher highs being put in. The yellow line is the current uptrend and unless it is invalidated this may be a good entry for the bulls. Otherwise the bears can look for their opportunity when the yellow trend line is broken and we push lower.
As always manage your risk and ask questions!!
Potential Top Coming?This is a little conflicting because I have other counts showing things in wave 3/4 still - so there is a chance I'm wrong here and we're putting in a wave 3 top and we dive off there then have 1 more high left which will put in the cycle top sometime the middle of this year, besides all that there is a very real possibility this count is correct and we're approaching a final top sooner than people think.
SOL, THE POWER OF THE SUN WITHIN MY HANDDid I get the spiderman line right? It must be close to that.
idk.
Either way, a neat trend setup on SOL to share.
A drop to 83 can spike to 115.
This is per technicals.
I would say there is a greater than 50% chance we see a move to the upside soon on this trend break, and then a big retracement down to the mega trend, but again, it doesn't have to go anything like that.
Either way, expect support at mega trend or just below mega trend, which is a great buy zone. Expect a move to the upside on the breakout of the smaller trend.
Resistance comes in around 115. It doesn't have to get to 83 before it goes up, it can break trend before. However, it can also go down lower before the breakout, watch the trend.
Good luck
Quick chart as I'm trying to get more earnings charts done for the week.
Solana Super Highway System - Toll Expressway - Race to 210Good evening ladies and gentleman.
On the chop block tonight is this lovely bootleggers race to 210. The moonshine must be delivered ASAP and check point charlie is already on the hunt.
The monorail has a secret tunnel underneath so be sure to check that out on your way to the checkered flag.
Racers, start your engines, ...
Solana Going to hit 65 UsdSona is showing long on monthly and weekly
daily created fresh demand
for long time it s going to hit 400 USD
but for short term first target at near 65 USD
SOLANA's Correction Phase Sets Stage for Long EntryIn the last few days, SOLUSD quickly reached new highs - only to correct even faster since yesterday. Following the Elliott Wave Theory, SOLUSD is currently in a corrective wave that should end in the current price range and transition into a preliminary final upward wave 5. This gives us the opportunity for a long entry with a good risk-reward ratio of around 1.7:1.
Solana (SOL) Chart Analysis: Observing a Bullish Flag PatternThe SOL/USD 3-hour chart exhibits a pattern resembling a bullish flag. If this pattern is confirmed, technical analysis suggests a possible price target exceeding $190.
SOL MAKING BEARISH PATTERN SOLUSDT: sell now?reface: I'm still bearish on the SOL I still think it's likely we're going to make new LOWS in the near future. This is a more short-term oriented trade and will only be activated under certain conditions.
SOL - Consolidation PhaseAfter print a higher low and higher high, solana is in consolidating phase. Have to wait for cyrptocurrency to breakout from this consolidating phase before any clear direction can be taken. A long setup might get trigered and entry can be taken at the mentioned prices
Sol in Bearish trend Sol making fresh L.L and L.H. short Entry can be token on break of 163 i,e its previous L.L
With Sl @195 previous L.H
$250 next for SOLsupport holding strong. currently in Area where buys are being placed after sell of at 200-2006. trend should continue this week.
Solana- price correctionThe price is correcting within the wave (4) of larger wave 5. In the lower time frame, it is forming a kind of triangle. As a wave rule, triangle is always form only on the wave (4). The expectation is that the price could break the pattern and will continue towards wave (5).
sol hit price targetSol hit my short-term price target and is bleeding down like many of the larger layer-1s. I expect a retest of the teal momentum trend line. Maybe around 155$. We will likely get some scary price action below this briefly if my BTC bearish thesis plays out before mid April.
-I am sitting tight and slowly averaging into my mighty 3
-I expect a huge move past all-time highs late April or early May
-Bearish for 30ish days, bullish for the year
SOL SolanaPOssible move up to bounce off resistance... Riding a bull flaf on the 15 min and 1 hour for fuel to possibly bounce off that key resistance. Always want 2 to 1 for reward vs risk and this does not match however with bitcoin holding the key support of $62,300 yesterday it could provide more fuel with a move up iteself.
