Solanalong
Solana strong predisposition to growthSOLANA has one of the strongest price rebounds of many other cryptocurrencies after the BTC correction stopped, this is a very good sign, it shows that SOL has a strong predisposition to growth, if in addition BTC changes the main trend to growth, SOL can gain a lot, much more than other cryptocurrencies
Solana down to $120 as i described earlierAs discussed earlier, the price is moving down and now sitting on our first support zone. As this zone was previously hit, it is more likely for it to break so I would be very cautious about buys from where we currently are. Looking at moving into the 200MA and 320 EMA along with the demand zone.
Solana Rising Wedge Breakout, Dec 26Solana pattern broke from bottom after it reached ATH target (4.236 Fib)
This is how I imagine Solana path
This scenario is valid till price is under the red trend line. Even it's possible that sol reach near ATH again and then go down
Anyway, I expect the wave 5th of Solana
SOLANA ROADMAP FOR THE NEXT 3-4 MONTHSEmissary over here.
Hello again everyone.
Today we take a look at SOL.
As you can see on the chart, offer and demand zones are noted by purple horizontal lines. Macrotrend support zones are noted by light-blue trend lines. We are aproaching one in the short term.
Entry zone is noted by the green box and exit zone, for me at least, is noted by the red box.
The roadmap, based on price action, is as follows.
I think from the current price well reach the 214 area. Then price will be pushed back again to 177, where I have a buy order placed at the moment. From there price will breakout local downtrend to the 239 lvl. Price then will come back to 214 or to our macro light-blue trend line at around 188. From there I think well have a clear path to reach ath once again. From there im out for the moment.
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SOL important price rebound and building of new price levelsThe SOL chart looks very good, strong and confident price breakouts show how much potential there is on the chart, the situation is getting more interesting by the day
Solana - Small Pullback then UP!Updated Idea for Solana
It can be seen that price even though bullish, moves downward out of the channel (chart on the left) and then recovers back into the channel, what I am proposing is that this occurs again (placed green oval)
On the right chart, I have plotted similar points on the 'MavilimW' indicator that support this dip hypothesis
I do think SOLANA has big potential
SOLANA LONGS 💰💰💰Expect the price to make another leg to the upside potential making new ATH's, we are in a bullish market structure on a daily timeframe. Price made the retracement move back into discount market on fibonacci,huge spike below the 200$ where i think a lot of stops of those who went long are, whales liquididated them and we have green line to the upside right now.
Comment below what you think .
SOLANA stiil in Uptrend ScenarioSOLANA stiil in Uptrend Scenario. Seem support looks strong on EMA 50 TF 1D, Trendline Area and Support Fibonacci 0,618 area.
The target around 263 and 324 for new ATH. As long as BTC calm it will happen soon. Until now is good sign of bullish eventhough there is correction.
The sky is open $SOLLike many, the thought of selling solana this past month has not once crossed my mind. Solana has revolutionized this space and is growing a speeds I have not seen before. As someone who has stopped using ethereum altogether because of the simplicity and ease of Solana, I have become a loyal supporter to this project. I am very bullish and it's hard to tell where Solana will go, but in my opinion it's up. Should ethereums market cap be 8.34x more than Solana? Is ethereum that much better? Is there more value in Solana?
These are questions I ask myself. I do not believe ethereum is worth that much more and find more value in Solana.
Solana (SOL) 1H Near Future PredictionsTechnical Analysis Summary
SOL/USDT
TREND ANALYSIS
We have 3 downtrend which is currently active in red
The wider the stronger the downtrend
FUTURE PREDICTIONS
We have many resistanse and support levels that I have mentioned above.
I use thickness as an indicator of stregth of levels (ONLY FOR VISUALS).
Yellow support level are levels from the past (more for explanation purposes rather than entry points)
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
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Not Financial Advice
Exercise Proper Risk Management
SOLANA will rise up in the following daysSolana will rise up, it's the best time to buy. as you can see it's now trading for around 195.25 dollars. and it's the best time to buy. also as I'm sure you have noticed, I don't like to do STOP LOSES or TAKE PROFITS when trading Crypto. because even if the price falls below, just give it time and it will rise up again. however, not like when you are doing CFD (contra for differences), then you need to make a stop loss. I really advise you now to buy and now since it's below 200 dollars. it will rise up to 250 dollars sooner. but when and how. let's leave them up to time.
thanks !!
SOLANA IS GOING TO OUTPERFORM ETHEREUM!Solana is in the bottom of an ascending channel. If it reach the tops, it can bring the price of SOL much higher.
RSI broke the downtrend in TF 4 hrs.
My entry price: $225 USD
SOL/USD Tp1: $260 USD
SOL/USD Tp2: $290 USD.
Use your own Risk/Reward Ratio.
What Is Solana (SOL)?
Solana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions.
The Solana protocol is designed to facilitate decentralized app (DApp) creation. It aims to improve scalability by introducing a proof-of-history (PoH) consensus combined with the underlying proof-of-stake (PoS) consensus of the blockchain.
Trade Safe, WAGMI.