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Solanausd

SOLUSD Double bottom and growth at least + 80%?Almost two weeks ago, we did our previous idea for a couple SOLUSDT Then at the price of $97 per SOL we wrote that the first tasty area of ​​purchase in the area of $​​90. As of today, this trade is relevant, but you can make some adjustments in the part of additional purchase of positions and movement of stop orders. Strong straits in the cryptocurrency market in recent days have made some changes in the charts of coins. However, the structure of the pattern "Double Bottom", which was written about in the previous idea - is not violated and has the right to life. If you are impressed by the Solana token, we suggest you take into account the following data to enter the tra de: Enter the position in the area of ​​$78-80 Stop below $75.4 (-4.5% of entry point) Take profit in area $145 (+ 83% of entry point) Profit/loss ratio 18/1 It is dangerous to keep the long position SOLUSD after confidently fixing the price below $75.4! After all, in this case, the structure of the pattern "Double Bottom" will be disrupted, and the cost of SOLUSDT will be able to fall by another -18-20% in the area of ​​$60-61 _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
by P_S_trade
22
Its possible that Solana price is finding its way to the bottomToday we bring to your attention the global chart of the pair of SOLUSDT As can be seen from the graph, for a long time the price of SOLUSD is not bad enough to moving the channels of dynamic fibolevels. Also, looking at the global chart Solana token, we can assume that at the moment the figure "double bottom" is formed Based on this assumption, we can offer you the following medium-term SOL trade to comply with the profit/loss ratio 5/1 Long entrance area $89-93 Stop below $77.70 Take profit around $157 _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
Long
by P_S_trade
36
SOL - can buy it in this scenario4H trend chart - SOL is converging in the descending tunnel and it is approaching to the upper downtrend line currently. If price overcomes the downtrend line, long it with the following trading strategy. - Profit Targets: a) 110.635-----Fib(0.5) b) 118.430-----Fib(0.618) c) 129.555-----Blue horizontal ray Stop losses: a) depend on the timing of break-out - If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
by EthanTW
SOLANA IS AT A CRITICAL LEVELSOLA has seen an unprecedented rally since the 22nd of March 2022. this asset has brought some good fortune to its investors lately. This asset is currently consolidating around $140 to $130 zone. Solana may pull down to $130 once again before the rally continues if fundamentals continue to favour the bullish trend. if this bull run can break through FIB38.2, this asset will most likely hit the RESISTANCE TRENDLINE (black colour) as a profit target. However, if the bears are powerful enough, they may drag down Solana to $120 zone (FIB 23.6) once again. KINDLY comment, LIKE, Criticize and Follow.
Long
by ForexClinik
SOL (Solana) Coin Analysis 24/03/2021Fundamentals: Solana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions. While the idea and initial work on the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation with headquarters in Geneva, Switzerland. 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. Because of the innovative hybrid consensus model, Solana enjoys interest from small-time traders and institutional traders alike. A significant focus for the Solana Foundation is to make decentralized finance accessible on a larger scale. One of the essential innovations Solana brings to the table is the proof-of-history (PoH) consensus developed by Anatoly Yakovenko. This concept allows for greater scalability of the protocol, which in turn boosts usability. Solana is known in the cryptocurrency space because of the incredibly short processing times the blockchain offers. Solana’s hybrid protocol allows for significantly decreased validation times for both transaction and smart contract execution. With lightning-fast processing times, Solana has attracted a lot of institutional interest as well. The Solana protocol is intended to serve both small-time users and enterprise customers alike. One of Solana’s main promises to customers is that they will not be surprised by increased fees and taxes. The protocol is designed in such a way as to have low transaction costs while still guaranteeing scalability and fast processing. Combined with the longstanding professional expertise creators Anatoly Yakovenko and Greg Fitzgerald bring to the project, Solana is ranked number 42 in the CoinMarketCap ranking as of February 2021. Anatoly Yakovenko is the most important person behind Solana. His professional career started at Qualcomm, where he quickly moved up the ranks and became senior staff engineer manager in 2015. Later on, his professional path shifted, and Yakovenko entered a new position as a software engineer at Dropbox. In 2017, Yakovenko started working on a project which would later materialize as Solana. He teamed up with his Qualcomm colleague Greg Fitzgerald, and they founded a project called Solana Labs. Attracting several more former Qualcomm colleagues in the process, the Solana protocol and SOL token were released to the public in 2020. Technical Analysis: there some chance of trend retracement to the lower prices like Fibonacci Retracement 61.8% or 76.8% but ultimately This Coin will climb the higher prices as it has a very good Fundamental Potential there are total of 3 Targets specified with Fibonacci projection where as the 3 TP gets its Confirmation as the 2 TP gets triggered followed by some price Correction.
Long
by BitonGroup
7
BTC LONG, HOLD, ACCUMULATE to make the most of the bullish swingBitcoin we are in LONG Swing and you? Entry point aprox: $ 41k TP aprox range: $ 83k - $ 123k Some of the signs: 1) Support 100 to 1W media 2) Lows increasing January 24, February 21 3) Current increasing lows 21 January 2022 with 19 July 2021 4) Crossing RSI Ashi 50% to the upside 5) A total cancellation of 5 months and if we calculate the maximum of May 2021 it is almost one year. One year of profit-taking with solid supports and a clear long-term uptrend. Our strategy is LONG, HOLD, ACCUMULATE to make the most of the bullish swing For more information contact us privately LPI.sa
COINBASE:BTCUSDLong
by LPI_Investments
2
Solana (SOL) to $310 in Q3-2023 (continuation)This is an extension post about my previous idea that was well received. I'll post the initial idea down below as a related idea, for easy reading. The bear pattern seems to be broken , it's following my initial idea of a variation of the bullish falling wedge pattern. Using the Fibonacci Retracement indicator we can clearly see the that the 1.272 level of Fibonacci is our goal, that would be exactly $310. That said, it would indeed be a good time to buy if you would follow this idea. The idea is that we'll see another long triangle stretch of a variation of a bullish falling wedge , that is if we break through the current bear pattern (which we just broke through as we speak). As everyone knows, the war between Ukraine and Russia is bringing a lot of tension on the markets. These are uncertain times, and with uncertainty comes indecisiveness. We're still in the phase of resistance, the very first step into the journey of acceptance. Google it, it's worth a read and applies to many concepts like crypto. Believing that the cryptocurrency will grow in the future like it is doing now, people will keep on holding their cryptocurrencies with staking. Banks and governments will ultimately have to bend and shape into the new era of digital economy, you see this happening everywhere. Let me know what you think, thanks for reading. Thumbs up to this post are sincerely appreciated. ~ Murkemur
BINANCE:SOLUSDLong
by Murkemur
5