Solanalong
Solana possible LONG target $127.5/$128Folks,
Here is the chart for Solana..
A possible buy around $109.. depending on how price action unfolds.
There is this possibility of a reversal because of the resistance we hit.. (double top)
The 1st reversal was minor and was bought up immediately and followed with 2 bull bars.
That is buying pressure. But still I want confirmation of higher probability and at least price to close around or above $109.
Always do your own due diligence.
Feel free to comment, share and hit the like and follow..
SOLANA LONGS ACTIVE 📉📉📉📉 Expecting bullish price action on SOLANA as price rejected an important area of institutional figure somewhere around 80.00 zone, a risk long entry should be from there. But a more conservative entry would be if price will go above the last highs that will shift the strucutre from bearish into bullish. BITCOIN is very bullish meaning altcoins could go higher because of that, fear/greed index and market seasonality tells us its the best time of the year to enter TRADES.
We also have a lot of bearish imbalances aka price inefficicency somewhere around 133 / 166 and price should be magnetized there
What do you think ? Comment below..
Solana - 0.786An idea for Solana showing on the USD pair (left) a brief touch on the 0.786 fib level
I think we will see a bullish reversal from this fib level
On the right I have analyzed the BTC pair which shows a flat 200MA, comparable to another point (in red) earlier on in the evolution of price
Moving averages will recover the same, after a small dip.
I am very bullish on Solana and the NFTS on their platform
Solana SOL Long Setting After A Long Time In My Calculation Solana Can Bounce Back From Here. Remember this Chart is Valid Only If BTC stay Stabile..
I am Not A Financial Adviser. And All Cherts Are Just My Study. So Please Do Your Own Search before open Any Trade.
If You Like My Work Just Come and Join Me.
Solana (SOL) to $310 in Q3-2023Hello everyone,
I've been studying the market for a long time, about 15 years now. Cryptocurrencies have been in my portfolio since 2015.
In my time of analysis I've noticed multiple trends in long term, they seem to be reoccurring through all cryptocurrency. They're either different styles of bear/bull wedges or flags .
Lately I've been thinking about the possibility of another bull wedge or bull flag in the long term, the shape is merely beginning, hence the possibility of this idea.
The idea is that we'll see another long triangle stretch of a variation of a bullish falling wedge , that is if we break through the current bear pattern.
I've calculated that we by Q3-Q4 of 2023 we'll see a new ATH of Solana, around $310 .
As everyone knows, the war between Ukraine and Russia is bringing a lot of tension on the markets. These are uncertain times, and with uncertainty comes indecisiveness.
We're still in the phase of resistance , the very first step into the journey of acceptance . Google it, it's worth a read and applies to many new concepts like crypto.
Believing that the cryptocurrency will grow in the future like it is doing now, people will keep on holding their cryptocurrencies with staking.
Banks and governments will ultimately have to bend and shape into the new way of digital economy, you see this happening everywhere.
Let me know what you think, thanks for reading.
~ Murkemur
Solana Pay makes Solana move upwardsSignals:
Position: Long
Entry price: 103 range
Price Target: 150 range
Indicators:
Fractals: The fractals are showing a bullish trend, as the fractals are showing a red symbol.
Alligator: The alligator open downwards by the end of the 2021 and seen now in February has this alligator started to open upwards.
RSI: The RSI is showing pump upwards to the 40 level and is showing further steam in this cryptocurrency.
Analysis:
The analysis shows strong fundamentals for Solana and this is a cryptocurrency to keep an eye on as it also shows signs of keeping the uptrend in the technical analysis where the fractals are showing a bullish trend is about to start which is backed by the similar movements in the RSI and in the Alligator showing the downtrend stopping reaching its bottom and starting a new trend.
As we have seen in the cryptocurrency market has the market been consolidating and this new announcement from Solana in regards to Solana Pay.
No financial advice
Solana Falling Wedge LONGHere we can see that solana is hitting critical support level (yellow line), where we can expect it to find local bottom and bounce.
Solana has dropped pretty well, like 50% down olnly, coinciding with BTC almost to the point and it has been falling for almost 80 days now. I expect both BTC and Solana create at least a local bounce.
Also Solana is currently sitting on 200 MA, this is the first touch of both support level and 200 ma. add falling parabolic wedge and you can see a local bounce.
Risk is very small, if we break ~130$ with volume Solana can plunge like 50% very fast, so keep it in mind.
Also recently I posted Matic rising wedge short, Idea is in full play and even in a great profit now, I think if Bitcoin pumps, Matic can simply underperform to Bitcoin and Solana outperform, simple as that.
Good Luck!~
Solana: Finally Made It 👏 Solana has finally managed to touch upon the upper edge of the magenta-colored area between $129.9975 and $55.6400. Although it has shied away from entering it so far, we still expect the price to go lower and reach our provisional yellow trading-zone within the magenta area. There, wave in red should end and offer an attractive entry opportunity. Afterwards, we look forward to Solana taking off again and aiming for the resistance at $259.
However, if it decides not to linger below the $178 mark, there is a 25% chance that Solana could go for $259 earlier already.