SOL - The FRACTAL you should WATCH📉Hi Traders, Investors and Speculators of Charts📈
If you've been following me for a while, you'll know that SOLANA has been on the list of my top 20 altcoins to watch in 2024.
This particular fractal has played out extremely well, and we're about to move into the next phase of this fractal.
Here's the original post I made in January when I first starting watching this fractal:
From a technical indicator analysis, we can see that the price is still extremely bullish - but the RSI is running hot:
Note that this, again, confirms the need for a pullback/drop before considering the start of impulse wave 3 /pop.
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.
_______________________
📢Follow us here on TradingView for daily updates📢
👍Hit like & Follow 👍
CryptoCheck
BINANCE:SOLUSDT COINBASE:SOLUSD
SOL
🔥ENJ Is Going To Break Channel: Targets are +140-300% Above❗️🔥Enjin Coin is trying to break the 500-days channel. I expect the massive breakout.
Now the price aproach the top of the channel and try to break it. If it happen, it will be a good bullish sign to add some ENJ on channel test as support (mark with arrow).
💥The 2 main mid-term targets are on chart. The altseason is going!
like❤️ and follow
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.
SOL - Flag pattern, next Target is $400BINANCE:SOLUSDT (4H CHART) Technical Analysis Update
SOLUSDT is currently trading at $102 and showing overall bullish sentiment
We have clear Flag pattern on the SOL 1D chart and currently we are seeing flag pattern breakout.
If the price follows the flag pattern then next target for SOL is around 400
Entry level: $ 95-102
Stop loss level $70
Target 1: $ 127
Target 2: $188
Target 3: $250
Target 4: $320
Target 4: $400
Max Leverage: 2x
Don't forget to keep stop loss.
Follow Our TradingView Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
Cheers
GreenCrypto
SOL Emeren Group Options Ahead of EarningsAnalyzing the options chain and the chart patterns of SOL Emeren Group prior to the earnings report this week,
I would consider purchasing the 5usd strike price Puts with
an expiration date of 2024-7-19,
for a premium of approximately $3.30.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
HOW To Make Money on a #ALTCOINAltcoins provide the most bang for your buck!
But very few people actually have a plan.
Apart from "I wanna make millions on S coins"
Or have a plan, but fail to stick to their plan, once the dopamine high of a bull market is in full effect!
This is based on the assumption that you already done the work, during the past year in accumulating your favourite #Altcoin
If you are just entering the market now you should be looking for coin's that had a nice pre bull market pump, and is now retesting previous accumulation zones. Basically flipped resistance into support.
This will likely halve the number of X's that you may see of course.
Some variation of this idea has been floating around for many many years.
And by no means is it a original strategy.
The only caveat being the 2017 altcoin bull markets was far easier than the 2021 edition.
There is more competition for attention than ever before.
And as we saw a whole swathe of alts did not pump as hard as certain categories or ecosystems.
Hope this helps
And I hope it encourages you to draw up a variation of this plan
for your favourite coins.
Best of luck.
Cryptolean Solana SOL UpdateIn the daily chart, Solana could not sustain the price action above $186.
A bullish break-out of $186 will push Solana price towards the key Cryptolean resistance zone of $202-$209 and, possibly, higher to $228..
An inability to sustain the price action above $167 will result in price declining towards $144-$151 the key daily support.
SOL LOOKS BEARISH (2H)After the bearish CH and hitting the inter change zone, which is a resistance, we expect to be rejected until the low demand.
We also have a bearish QM on the chart.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Solana - IMPORTANT Support Zone will be TESTEDHi Traders, Investors and Speculators of Charts
Solana is frequently trending due to steep fees of ETH. Even after a large increase, there is still great upside potential for the future. However, for the short term, a retets of a prominent support zone is likely after a near parabolic increase on SOL.
SOLUSDT is one of the altcoins I was watching for 2024 Altseason, as per previous posts in early January. ✅
👉 Technical Indicator SHORT TERM is overbought indicating a correction is overdue
👉 Support zone at $153 is critical to hold
👉 Daily candles need to keep closing ABOVE this zone to avoid a potential H&S pattern.
Overbought indicates a correction is overdue:
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.
_______________________
📢Follow us here on TradingView for daily updates📢
👍Hit like & Follow 👍
KUCOIN:SOLUSDT
SOL has broken below the last HHSOL has broken below the last HH, it can continue to go lower
🔵Entry Zone 191.76 - 195.48
🔴SL 214.54
🟢TP1 177.52
🟢TP2 155.35
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you liked our ideas, please support us with your likes 👍 and comments.
Cryptolean Solana SOL Update In the daily chart, Solana found a support at $167.
A daily candle closure above $186 will push Solana price towards the key Cryptolean resistance zone of $202-$209 and, possibly, higher.
An inability to sustain the price action above $167 will result in price declining towards $144-$151 the key daily support.
Intraday Chart
The intraday chart of #SOLUSDT is neutral.
A bullish rejection of $168 will push #Solana price towards $194, however to become bullish again, SOL has to break it to the upside and sustain price action above this level.
An inability to hold price above $168 could result in a bearish move to $154 support and, possibly, lower to $126-$138.