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Solanalong

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!~
Long
by hello_hello
2
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.
FTX:SOLUSDLong
by MarketIntel
1
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. Thank you for reading the message. If you like my work give it a thumbs up and leave a follow for more everyday analysis. Remember the message never sleeps. Also remember this is no financial advise, DYOR and trade at your own pace and risk.
Long
by MessengerFromTheUnderworld
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.
FTX:SOLUSDLong
by bishopknight
2