BINANCE:SOLUSDT should hit the FVG area which can be seen in the 15m timeframe, and from there it should head up towards the 136-138 range (most probably a double top). What do you think?
Solana’s (SOL) price nearly broke below its crucial support level of $126. Since early March, this support has prevented a significant drop in price. However, the cryptocurrency is now showing signs of recovery. Investors are keen to determine if SOL is on the verge of a price rally, especially as technical indicators point to a potential upward movement. The...
After briefly dipping below the crucial 120 support level, Solana managed to recover some of its losses from the recent high of 190, climbing back up to 160. At this point, it encountered strong resistance, and after the second attempt to breach this level, the price started to decline again. However, the drop was swiftly halted at the 120 support zone, and the...
In the weekly chart, the SOL price trend shows constant support from the 50% Fibonacci level at $129.87 and the 50 weekly EMA. Currently, the weekly chart reveals a consolidation phase between the 78.60% Fibonacci level at $198 with the bottom support of 50% Fibonacci level. The lower high formation within the consolidation range reveals a weakness in the bullish...
Solana’s (SOL) price has faced notable volatility in recent weeks, struggling to overcome resistance at $160. After multiple failed attempts to breach this level, SOL experienced a significant 20% drawdown towards the end of August. This decline has left many investors cautious, but recent shifts in behavior suggest a potential rebound. Key indicators now point...
With a 19.14% drop last week, the price for the downtrend continues for Solana this week, with a 5.47% fall last night and breaking below the $130 mark. Further, the recent double-top reversal breaks the neckline at $138 near the 200-day EMA, and the SOL price tests the bottom support zone at $121. The demand zone at $121 has provided multiple bounce-backs for...
SOLANA (SOLUSDT) Short entry at $124 on 27 August, 2024 Profit target 4 reached on 4 Sep, 2024 At 10x lev, the total profit is 170% The trailing stoploss for this trade is at $145, so if you are in profit, you can sell 50% and hold your short trade by setting the trailing stop loss at $145 Good luck and all the best. Namaste!
But today I would like to focus on the Technical Analysis CRYPTOCAP:SOL perspective: - The Weekly Stoch RSI it's as oversold as it was in early January, just before the Solana bull run. - The Daily Stoch RSI it's also quite oversold pointing for a breakout - We are reaching the final squeeze momentum against the local downtrend - The $125 support has worked...
$140 is now Resistance for Solana If the bulls continue to take charge, this coin may fall further to $135 and $130 zones. Remember that a flash may ride it down to $120 to $122 zone. Risk management is key.
SOLANA (SOLUSD) pretty one-sided trade caught using the Risological indicator. Short entry: 154.1 Take Profit 1: 149 Take Profit 2: 140 Take Profit 3: 132 Take Profit 4: 127 All profit targets done and dusted!
🔍 SOL/USDT Analysis: 15-Minute Timeframe 📉 The SOL/USDT chart on a 15-minute timeframe highlights significant upcoming times where price movements may present trading opportunities. For short-term, intraday, or scalping trades, these signals can be crucial. • August 30, 2024, 22:15, August 31, 2024, 08:45 - Red Lines: These times mark potential local peaks....
Yello, Paradisers! Have you noticed how #SOLUSDT's recent price action might be signaling a larger move ahead? Let’s dive in. 💎#Solana since its 61.8% retracement towards the recent highs of $163.50 has faced consistent downward pressure. The current price action is showing signs of congestion, with strong resistance forming between the $148 and $151 levels. This...
Solana was one of my TOP PICKS for alts in 2024. Second to Ethereum, the SOL space keeps growing as more and more dApss are being built on SOL. The market cap for Solana is looking healthy, after recently peaking at $93B: This is an incredible achievement, and I expect the market cap to continue to grow in the longer time. Naturally, we can expect SOL to...
SOLANA being sideways for several months, but overall trend still strong bullish momentum for longterm right now. Nowadays they have chance to form " Cup and Handle " pattern to bring price to higher target price at 1.272 and 1.618 fibonacci extension.
Trade setup : Price remains in an Uptrend, trading in a Sideways Channel. Swing Traders: can trade the Channel, enter near channel support of $120 and exit near channel resistance of $190. Stop Loss (SL) at $115. Learn how to trade Sideways Channel in Lesson 6 of our Trading Course. Pattern : Price is trading in a Sideways Channel , which is a neutral pattern...
On the D1 chart the trend started on April 04 (linear regression channel). There is a high probability of profit taking. Possible take profit level is 45.45 Using a trailing stop is also a good idea! Please leave your feedback, your opinion. I am very interested in it. Thank you! Good luck! Regards, WeBelievelnTrading
Solana crashed just based on FTX potential sell of FTX assets worth $3 billion. Many took this to mean that if they are approved for liquidation 1. Even if they approve, they will sell their assets in small parts once a week. 200millions worth not all 3b in one day! 2. If approved, then most likely transactions can go through the OTS, without much impact on...
SOL ~ 1W #SOL There's still a long way to go for NASDAQ:COIN CRYPTOCAP:ETH Killer,. Our target for $Solana is $400-$500. Hold and buy again if the price dips.