SOLUSDT -OUTLOOKSolana has found support at 185+ area and at the same time resting on a trendline which by default means that it has a good chance of pumping to 260+ in no time.
Lets all keep watch!
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Solanalong
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 !!
A better view for SOLANAIt can be seen that Solana is being rejected along dotted line
Upon third test we will see if this pattern continues
In the first rejection price fails to find support at the 1/1 gann line
However in the second rejection price finds support at this line, a good sign
SOLANA will trade upbuy now SOL. the sol will surely start to go up from now on as sellers are out from the market and only buyers are getting in to be ready for a train up to 242 to 246 dollars !!
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.
SOL steady trendSOL continues its quiet trend and shows strong position against BTC, capitalization is slowly growing and I think that soon, SOL will fight for top 3 CMC
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..
SOL new price level or just artificial growth?There is an unusual situation on SOL when other cryptocurrencies are having a correction after BTC has flowed in, SOL is going its way, but this situation does not look completely healthy and I would be cautious about buying at these price levels on SOL
Solana (Sol) Update 20/09/21: Solana New ATH, the road to $309 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 Fib Analysis, Ramping up!!Hello everyone, as we all know the market action discounts everything :)
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Solana has started to drop on September 10th and the market started to trade between the ranges of $110 to 170$ in the last month. and in the last couple of days, the coin value has started a Bullish movement where the price jumped from 137.17 to 162.31 today an 18% increase.
It seems like the market is trading in a triangle pattern near the and now it's getting closer to the end of the pattern with early signs of a breakout happening soon.
Possible Scenarios for the market :
Scenario 1 :
The market is currently trading between the 38.20% and 50% fib level at ($158.09) with good Bullish momentum, in case the market was able to reach the 50% ($165.38) level then it will give us a sign of a breakout that will lead the market to the 61.80% fib level ($177.64) where it might see strong resistance but in case it was able to breakout that level then we could be seeing a visit to the $200 range soon.
Scenario 2 :
The first sign of a Bearish breakout will be dropping below the 50 MA line which is located near the 23.60% fib level ($139.01), By reaching that zone the Bears will try to keep the pressure on the trend but might have trouble breaking out that level. in case they were able to breakout then we could be seeing a drop in value that will reach the $115.11 level.
Technical indicators show :
1) The market is above the 5 10 20 50 100 and 200 MA and EMA (Strong Bullish Sign)
2) The RSI is at 54.04 showing good strength in the market.
3) The STOCH is trading in the upper range with a positive crossover between %K (63.09) and %D (58.57)
Daily Support & Resistance points :
support Resistance
1) 153.130 1) 167.258
2) 146.183 2) 174.439
3) 139.002 3) 181.386
Weekly Support & Resistance points :
support Resistance
1) 141.639 1) 169.256
2) 125.876 2) 181.110
3) 114.022 3) 196.873
Fundamental point of view :
The Solana blockchain has reportedly stopped processing transactions. According to the latest data from blockchain explorers SolScan and Solana Beach, the last transaction on the Solana network happened on September 14th at 11:58 UTC, creating a three-hour gap in transactions at press time.
Shortly after the issue with the transactions was first reported by users on Twitter, the Solana Foundation issued a statement acknowledging that the network was experiencing issues. The Foundation said that it has been aware of the issue and that engineers have been deployed to resolve it.
And while some noted that Solana’s mainnet was still in its beta release and was bound to experience hiccups, they failed to assure the Solana community that the blockchain would be up and running soon.
The Solana Foundation said that resource exhaustion in the network was what caused the denial of service on the blockchain. The foundation also noted that despite the fact engineers were working towards resolving the issue, network validators were preparing for a potential restart if deemed necessary.
Developers have since released a patch in Solana v1.6.23 which is set to resolve some of the resource exhaustion issues. Georgios Konstantopoulos, the research partner at Paradigm, said that the issue was most likely caused by bots spamming the reverting transactions to exploit a bug that made them almost free.
This is my personal opinion done with technical analysis of the market price and research online from Fundamental Analysts and News for The Fundamental point of view, not financial advice.
If you have any questions please ask and have a great day !!
Thank you for reading.
SOLANA long ideaWait for the bearish pattern completely done. SOL is still bullish for a long time.
Not financial advice just an idea.
Solana Ready To FlyIt's pure price action and easy to understand.
Disclaimer: It's not a signal it's an idea, open positions by your own responsibility
Solana is trying to break its resistance continuously, it's possible if BTC.D lets altcoins breathe.
SOL stability and expectationSOL with no major price movements, BTC also did not have much impact on the price of Solana and currently the trend is very quiet, I think for now, it is best to be patient
SOL is so close to an ATHSolana is on a real good position to bounce
if youre holding, just keep holding till the end of November (at least)
traders will have a real good time positioning on SOL
.
BTW, also Keep an eye on BTC.D and BTC chart
Good Luck, have fun making money
SOLANA - After This Will Be Happen , Long will Be Available
There are two patterns on this trade
After candlestick and break confirmation you can join it to complete.
- Head and Shoulders Pattern.
- The ABCDE Elliot wave pattern forming an inverted triangle.
