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Solanashort

SOLUSDT ShortAccording to the higher timeframes (4H, 1D), the price has been forming a rising flag ever since price touched the 26.2 support zone back in June. The price is now at the lower trendline of the channel, and it has formed another rising flag within the lower timeframe (15min, 1H). I am anticipating the price will break out of the smaller timeframe channel, retest it, then break out of the larger channel retest it then maybe continue with the bearish momentum. My target is 22.0, which is a major support zone of this coin. So, for the next few days/weeks, let us monitor the price, wait for it to break out, and retest the zones so as to place our trades. Entry price @32.0, Stop Loss @37.0, Tp1 @27.0, and Tp2 @22.0. Remember, only risk 1-2 % of your account.
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by Vapari_Inc
SOL - USDT 4HChart, targets and stoplossHello everyone, let's take a look at the 4H SOL to USDT chart as you can see the price is moving in the local downtrend channel. Let's start by setting goals for the near future that we can consider: T1 - $ 33.20 T2 - $ 33.70 T3 - $ 35.03 and T4 - $ 37.20 Now let's move on to the stop loss in case of further market declines: SL1 - $ 32.86 SL2 - $ 32.37 SL3 - $ 31.97 SL4 - $ 34.58 and SL5 - $ 31.00 Looking at the CHOP indicator, we can see that in the 4H range the energy started to rise, while the MACD indicator shows a local upward trend.
by cryptodailyuk
#Solana Consolidates, #SOL Finds Support at $90Past Performance of #Solana Despite the crypto-wide dump, Solana bulls are comparatively firm. As per the formation in the daily chart, SOL is within a tight trade range, posting small losses against the rampant USDT. Nonetheless, sellers remain in charge since the coin is within a bear breakout formation, retracing from April 2022 highs. Solana Technical Analysis Solana bears are in charge, forcing SOL 30 percent from April 2022 peaks. Technically, SOL is within a bear breakout formation following the losses of April 8. As SOLUSDT consolidates with caps at $100—flashing with the 20-day moving average--and $90 on the lower end, the downside is the path of least resistance. Traders may wait for a clear trend definition, either above $100 or below $90, before aligning position with the merging price trajectory. A close below this week's low may force liquidation to Q1 2022 lows of around $80. Conversely, a refreshing lift-off above $100 may attract buyers in a move that may see SOL expand to $110 and even $140 in the medium term. What to Expect from #SOL? Solana's ecosystem is active, which may prop SOL in the medium term. At present, sellers have the upper hand with resistance at $100. Resistance level to watch out for: $100 Support level to watch out for: $90 Disclaimer: Opinions expressed are not investment advice. Do your research.
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by Bitcoin_Analyzer
#Solana Dumps 27% from April Peaks, #SOL Ceiling at $112 Past Performance of Solana #Solana is bearish and within last week's trade range, reading from the formation in the daily chart. Even though SOL's prospects are bullish, sellers are in the driving seat, capping advances below $112. SOL is down 27 percent from April 2022 highs at spot rates, finding support at around $99. Solana Technical Analysis From volume analysis, #SOL is bearish, finding strong resistance at $112. Notably, SOL buyers didn't unwind the losses of April 11, swinging price action to favor sellers. As per the current setup, aggressive traders may unload on pullbacks below $112 in anticipation of more losses towards Q1 2022 lows of $80. On the contrary, any sharp spikes above the middle BB and $112 nullifies the downtrend, paving the way for optimistic Solana buyers aiming for $142 in a buy trend continuation pattern. What to Expect from SOL? The Solana mainnet beta is functional with vibrant dApps cutting across DeFi and NFTs. However, after the super rally of 2021, prices are cooling off. In the immediate term, SOL is bullish above $99. Resistance level to watch out for: $112 Support level to watch out for: $99 Disclaimer: Opinions expressed are not investment advice. Do your research.
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by Bitcoin_Analyzer
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
by husseindergham
Solana Will Visit $90.00 as Imperfection FitsSolana has claim to have the fastest blockchain in existense. Starting on March 2020 and the register price at $25 on August 4th 2021. Skyrocket up to $200 in just a few week. Now currently trading around $145 (when the article is written) With the lowest average cost of transaction, perhaps SOL could be the next Ethereum as their build has a promising capability. Grape Network raised with over $1.2 million from venture capital firms. Solana, which is often billed as a next-gen “Ethereum killer” —a faster, cheaper, more user-friendly version of the blockchain network that gave birth to programmable money In the made for the perfection has come to the imperfection when its the price has to find the other symmetry to pair with the system for the the developing price as for the ATH on above $200. Yet we have seen the price has climbed so quickly, the price will still find its support for the stable base foundation. The price of SOL is the price of development. The price will not same to the development progress but the anticipation is there waiting for the system to be able functioning in real life project as it got more than 400 project spinning alongside with the NFT. As the anticipation rising, the price devalued gradually. I am predicting the price will once visit $90.00 again after it reached its ATH at $200. Stability is a must as the environment of the SOLANA it has once broke the system rules when it did not follow the Bitcoin and crypto rules due to the massive pump over time by massive hype speculative and investor.
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by Zezu_Zaza
3
Solana Update 21/09/21: Potential Corrective Move back to $99Solana Update 21/09/21: Potential Corrective Move back to $99. See previous analysis below. Happy trading :) 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).
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by CryptocurrencyMagnet