SOLUSDHELLO TRADERS ..
Wait for sell for solana, and personally I'm wait for price action as a confirmation/confluence for entry to the market....thanks 🙏
SOLUSD trade ideas
sol long idea sol inverse h&h on m 15 and berish divergence possible reversal if it breaks the neckline
SOL 65.75 reached, now heading up . Prediction ~75.5 $ As it has reached 65.75 I predict it will head up to 75 (Yellow) or 76.5 (white)
I'll be thankful if you comment :)
SOL/USD Bullish | 4 ScenariosSince it touched 63.7 I calculate these 4 scenarios .
I'll be glad if you share your opinion on which is more plausible.
Thanks in advance
Solana price predictionSolana has a very impressive impulsive move. The price has to correct with the wave 4 of a smaller degree and then will continue to complete the move with the wave 5 that means wave iii of a larger degree.
The price didn't break the high of $78 where bears are pushing the price down. The next support level would be around $51.
SOL textbook momentumSol is a textbook momentum play. One for the books. If you enter on any of these drawdown breakouts you could have done VERY well. I myself plan on capitalizing on this dip as Sol and Ava are two of the strongest tokens in the market. I added a demand for another supportive demand on the 4-hour. RSI and volume saw a good reset here especially with BTC taking a dumperola. I am long here. I also have a decent sized free bag of spot I got a while back from airdrops that I plan to hold long-term.
SOLUSD Big PictureExpecting a run to $100 and then a retrace back to support to form the larger cypher pattern.
Main channels are noted along with price pivot points.
Solana Closes Gap on Ethereum with Over $16M in NFT SalesSolana emerges as a formidable threat to Ethereum’s throne as the network looks to outshine it from different angles.
Solana’s incredible performance this year has positioned the project as a formidable threat to Ethereum’s reign as the network turns heads with its on-chain and trading activity.
After successfully surpassing Ethereum in on-chain activity, Solana outshines its rival in another important metric, NFT sales.
Solana Outpaces Ethereum
Ethereum has ruled the NFT industry for years with its trading volume, projects, user adoption, and more. However, considering its persistent issues like network congestion and rising fees, its dominance is proving fleeting as competitors like Solana close the gap.
Following Solana’s historic run this year, registering over 800% in gains and marking record DEX volumes and network transactions, the network surpassed Ethereum in NFT sales on December 9 after hosting over $16 million.
Bitcoin and Ethereum trailed closely behind with $13.4 and $11.4 million in sales, respectively. Although Solana remained the second-largest NFT protocol at the time of writing, its trajectory signals a credible threat to Ethereum’s throne.
Solana’s success in the NFT sector aligns with investors and developers slowly warming up to the network and recognizing its potential. While the network is still miles behind Ethereum when considering historical data, Solana’s uprising could signal a massive shift in the industry’s market dynamics.
Why This Matters
Solana overtaking Ethereum signals a potential shift in industry dynamics. Ethereum has long been the dominant force in the NFT sector, boasting high volumes, adoption, and sales. However, Solana is slowly closing the gap and giving the network a run for its money.
Buy Sol undervalued at 18 target 74Sol is one of my favourite cryptos due to its fast processing speeds on transfer. Its lagged a lot compared to other second tier cryptos this week like BCH and LTC. I think we could be about to see a pump into the mid 20's.
For longer term holders 74 is a nice target as shown
That was the SOL topthanks for playing soylana soyboys now your beloved coin is about to eat shit
thanks for playing and remember to enjoy the show
Sol still rejecting the golden fibSol is rejecting the golden fib and looking to give entrants a small window of a pullback here. I doubt the token allows a full correction back to the main trend line but this is possible. The momentum here has been very strong and a big correction should come at some point. My short-term price target is 78$, but when will we get the pullback? I am giga long Solana because I got my entire bag for free with two airdrops that I converted to Sol back under2 0$.
Solusd buyBullish trend, made a higher lowas it reaction to the support line by the higher low, usd is weak and will continue to be weak, 4 ascending triangles, bullish caustic structure as well
SOLAbove 69 (mid range) I believe this trends toward 100.
Reassess if starts closing lower than 69.
It looks like it will close the week above 69 however, which is a convincing indication that the bullish momentum of last week will continue into next.
Solana to Rocket to $75. It's timeSolana been moving a bit boring for a while now but I think it's Time to rocket to $75 to retest prior weekly support.
Entry right now is at a good support area with at least 2RR to the most recent high - 3 RR for me with entry at 62.956...And we trending, sure you can find other confluences including the fibs and MA.
Tp is 50% at $68...however might take 30% at the highs if price hesitates to break.
Next TP $75k
Pullback for Solana? #SOl finds resistance around $75 dollars. I expect a pullback around $50 dollars. Let's see how this plays out.
