Solanalong
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
Trading Involves High Risk
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.
Solana- Great R:R trade for 300+ targetSince September's correction and 122 bottom, Solana has traded very constructively, putting in higher lows and higher highs on our chart.
Now the price is above the resistance given by the old ATH and we can expect further gains from this coin.
The target can be 300+ and only price back under 200 would negate this bullish scenario
Solana (Sol) Update 03/11/21: Solana New ATH, Next Stop $531Solana (Sol) Update 03/11/21: Solana's New ATH @ $242, Next price target @ $531 at the 161.80% fibs (123% gain from the current price). Please see previous analysis below.
Our current price Targets for Solana from the current price:
127.20% Fibs at $269 (10% Gain)
161.80% Fibs at $336 (40% Gain)
261.80% Fibs at $531 (121% Gain)
423.60% Fibs at $846 (251% Gain)
Happy Trading :)
Solana (Sol) Update 20/09/21: Solana New ATH , the road to $309. Solana looks like one of those Alt-coins that will match BTC performance and may even outperform BTC in Q4 with an already explosive growth during the last 3 quarters. From here it is important to see SOL reacts to the ATH price price around $195 to $216. Since reaching a new ATH on the 9th September @ $216, Solana been struggling to regain enough momentum to break above the 78.60% since September 11th when Sol retraced by of 40% from $190 to $115. Sol has been consolidating in the range between $168 and $138 range for over a month (36 days). From here we can expect a break above the 78.60% and a retest of the ATH at $216.
Our current price Targets for Solana from the current price:
127.20% Fibs at $257 (50% Gain)
161.80% Fibs at $309 (78% Gain)
261.80% Fibs at $459 (166% Gain)
423.60% Fibs at $702 (305% Gain)
Please see previous analysis below. Happy Trading :)
9/09/21:
Just over six days ago Solana was just 5% from the $150 price target forecasted at the beginning of the year. Within the last three days, Solana has gained over 49% in value, hitting our target at the 161.80% fibonacci level. From a quantitative, technical view It looks like Solana has topped. From here we can expect a small cool down period in the range between the 78.60% fibonacci level between $136-$121 before the next leg up on this parabolic run. Price target at the 161.80% fibonacci level @ $210 was met, the next target from here is at the 261.80% Fibonacci level (60% gain from current price level).
6/09/21:
Solana is now at a New ATH $154. The Solana Moonshot is clearly leading DeFi Summer. Three days ago Solana was just 5% from the $150 price target forecasted at the beginning of the year, It has grown over 10% since then. From here we can expect a small cool down period in the range between the 78.60% fibonacci level between $136-$121 before the next leg up on this parabolic run. Price target from here are at the 161.80% fibonacci level @ $210 (49% Gain from the current price level).
Solana Update 03/09/21: Moonshot leading DeFi Summer, Solana is currently 5% from the $150 price target forecasted at the beginning of the year. From here we can expect a small cool down period in the range between the 78.60% fibonacci level between $118-144 before the next leg up on this parabolic run. Price target from here are at the 161.80% fibonacci level @ $210 (49% Gain from the current price level). Please see previous analysis below. Happy Trading :)
We could see a $150 Solano very very soon, only 24% away from the 461.80% fibonacci extension . $150 Solano would mean If Solana had a market cap of $43.0B, 1 SOL would be worth $150.00. Since the buy signal triggered on the 3rd August with the 13EMA crossing up above the 50 SMA , Solano has grown over 400% in the past month. We forecasted a $150 EOY target for #Solano, it looks like we could reach this target Early September. Defi summer is happening and Solano, Luna, and Avax are all leading the way. We can expect similar growth moves in Polygon (Layer 2) over the next few months and We believe Solano is only just getting started here. Happy Trading :)
Key Info on Solano:
It is evident that one of the most focal dilemmas that the blockchain sphere faces is the issue of scalability and slow transaction times; Solana aims to fix this vital issue that needs to be remedied. Boasting 60,000 transactions per second, one of the fastest blockchains in the world and growing, Solana has the team, the community and the resources to propel blockchain into the mainstream sphere of influence. This is a new era for blockchain technology, an era of transaction times that rival mainstream and antiquated methods of transaction validation and processing. Solana will be a project and network that will accelerate the adoption of blockchain technology. This is just the beginning.
Solana (Sol) Update 03/11/21: Solana New ATH, Next Stop $531Solana (Sol) Update 03/11/21: Solana's New ATH @ $239, Next price target @ $531 at the 161.80% fibs (123% gain from the current price). Please see previous analysis below.
Our current price Targets for Solana from the current price:
127.20% Fibs at $269 (10% Gain)
161.80% Fibs at $336 (40% Gain)
261.80% Fibs at $531 (121% Gain)
423.60% Fibs at $846 (251% Gain)
Happy Trading :)
Solana (Sol) Update 20/09/21: Solana New ATH , the road to $309. Solana looks like one of those Alt-coins that will match BTC performance and may even outperform BTC in Q4 with an already explosive growth during the last 3 quarters. From here it is important to see SOL reacts to the ATH price price around $195 to $216. Since reaching a new ATH on the 9th September @ $216, Solana been struggling to regain enough momentum to break above the 78.60% since September 11th when Sol retraced by of 40% from $190 to $115. Sol has been consolidating in the range between $168 and $138 range for over a month (36 days). From here we can expect a break above the 78.60% and a retest of the ATH at $216.
Our current price Targets for Solana from the current price:
127.20% Fibs at $257 (50% Gain)
161.80% Fibs at $309 (78% Gain)
261.80% Fibs at $459 (166% Gain)
423.60% Fibs at $702 (305% Gain)
Please see previous analysis below. Happy Trading :)
9/09/21:
Just over six days ago Solana was just 5% from the $150 price target forecasted at the beginning of the year. Within the last three days, Solana has gained over 49% in value, hitting our target at the 161.80% fibonacci level. From a quantitative, technical view It looks like Solana has topped. From here we can expect a small cool down period in the range between the 78.60% fibonacci level between $136-$121 before the next leg up on this parabolic run. Price target at the 161.80% fibonacci level @ $210 was met, the next target from here is at the 261.80% Fibonacci level (60% gain from current price level).
6/09/21:
Solana is now at a New ATH $154. The Solana Moonshot is clearly leading DeFi Summer. Three days ago Solana was just 5% from the $150 price target forecasted at the beginning of the year, It has grown over 10% since then. From here we can expect a small cool down period in the range between the 78.60% fibonacci level between $136-$121 before the next leg up on this parabolic run. Price target from here are at the 161.80% fibonacci level @ $210 (49% Gain from the current price level).
Solana Update 03/09/21: Moonshot leading DeFi Summer, Solana is currently 5% from the $150 price target forecasted at the beginning of the year. From here we can expect a small cool down period in the range between the 78.60% fibonacci level between $118-144 before the next leg up on this parabolic run. Price target from here are at the 161.80% fibonacci level @ $210 (49% Gain from the current price level). Please see previous analysis below. Happy Trading :)
We could see a $150 Solano very very soon, only 24% away from the 461.80% fibonacci extension . $150 Solano would mean If Solana had a market cap of $43.0B, 1 SOL would be worth $150.00. Since the buy signal triggered on the 3rd August with the 13EMA crossing up above the 50 SMA , Solano has grown over 400% in the past month. We forecasted a $150 EOY target for #Solano, it looks like we could reach this target Early September. Defi summer is happening and Solano, Luna, and Avax are all leading the way. We can expect similar growth moves in Polygon (Layer 2) over the next few months and We believe Solano is only just getting started here. Happy Trading :)
Key Info on Solano:
It is evident that one of the most focal dilemmas that the blockchain sphere faces is the issue of scalability and slow transaction times; Solana aims to fix this vital issue that needs to be remedied. Boasting 60,000 transactions per second, one of the fastest blockchains in the world and growing, Solana has the team, the community and the resources to propel blockchain into the mainstream sphere of influence. This is a new era for blockchain technology, an era of transaction times that rival mainstream and antiquated methods of transaction validation and processing. Solana will be a project and network that will accelerate the adoption of blockchain technology. This is just the beginning.
I will be honest about SOLI'll be honest about SOL.
Yes, it has potential, but that double top I am seeing in the supply zone is not very nice to look at, which simply means: be prepared to consider this a top if the 217 levels stayed a supply zone.
now the good news: SOL retested and wicked down to the 0.786 level and bounced off from there.
Our golden ratio is still around the 145 levels and we have a major support at 123
I'm hoping to establish demand at the 177 area.
establishing demand is to basically retest 177 again or three times with significant volume to the upside, here's how you can ape in.
Anyhow, could be the calm before the storm.
I think altseason may be around the corner and if alt season is here, then SOL is not done yet.
AB = CD harmonic pattern |symmetrical triangle| W patternAB = CD harmonic pattern + symmetrical triangle market is breaking the resistance then it will create ATH or otherwise, double tops are also formed here.
The market seems bullish with a double bottom and W pattern.
Do your own analysis I am not responsible for any loss.
Solana $SOL #SOL The most bullish coin in cryptoSolana, the beast is heavily overextended currently after an impressive run.
The measured move will be to come back down to $150 where it has continued to find support, before breaking out of structure to a new ATH.
This move back to $150 will need to coincide with a larger #BTC #Bitcoin correction which is anticipated.
Once we have broken out of structure $345, yes $345 is the target of the wedge bouncing off $150 & $175, both major support zones to create a large double or triple bottom.
Worth noting that $346 is just the 1st target for the monster that is Solana..