Solanausd
SOL SOLANA Trade IdeaSOLANA has experienced recent downward pressure but is presently trading within a crucial support zone, as illustrated on the chart. In the event that the Dollar Index (DXY) sustains and strengthens its position, SOLANA might potentially move towards additional downside targets, given the typical inverse correlation between DXY and SOL. It is important to underscore that this analysis is offered solely for educational purposes and should not be interpreted as financial advice.
sol long setuphello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Am I Right to Short Solana? Let's See! {07/Jan/2024My first trade analysis of 2024 on Crypto Currency.
Educational Analysis says SOLUSD may move in this range for some time according to my technical.
Broker - Binance
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why this range?
Because Solana Made a lot of gains last year 2023, May is a time to push down a bit and there will be a lot of liquidity.
Although it is in an uptrend, the market may come down to collect sell-side liquidity and fill fair value gaps. Then shoots up to the new high.
Let's see what this pair brings to the table in the future for us.
Please check Comment section how it turned out for this trade.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS,
Happy Trading, Fx Dollars.
wait for break-trendline (SOL)❤️❤️Thanks for boosting 🚀 and supporting us!
📈analytics by priceaction
📊 (Entry) : 99.72
🔴 Stop Loss : 94.51
🎯 Take Profit : 104.40 -109.08 -114.90
🔗 For more communication with us, In the footnote and send a message in TradingView.
👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
SOLANA And the Full Picture ( More informative chart )Hi Everyone;
today we have one of the best risk to reward Investment opportunity
it is more than 1000 times the risk and the chart is look very promising.
I expect breaking the previous bear market key point will clear the way to the final target
Note: this not the right time to jump on the project, I am just showing the full picture for Solana for the current market Cycle (where it was and where it going)
good luck everyone.
SOLANA And the Full Picture Hi Everyone;
today we have one of the best risk to reward Investment opportunity
it is more than 1000 times the risk and the chart is look very promising.
I expect breaking the previous bear market key point will clear the way to the final target
Note: this not the right time to jump on the project.
I anticipate a rise in SOL to $160 following the consolidationHello everyone!
Congratulations to all on the upcoming new year! I wish you and your loved ones health, prosperity, and success!
Now, let's move on to the idea.
I suggest considering entering a position on SOLANA either at the current values or by placing buy orders around $100-101.
This is a good quote in terms of the round value of $100, so many people are buying the asset in this area, as can be seen on the chart. Additionally, there is a Fibonacci level of 0.236 in this area, and you can see how the price reacts to this zone of interest on the chart.
The expected profit is 42-58%.
Place sell orders from $150 to $160.
This is not financial advice; everything you do is at your own risk!
Solana(Sol) Is The Maze Runner ?!?After the heavy fall that led to the sharp downward correction of Solana to the price range of 8 dollars, it seems that this currency faced a suitable demand and accumulation for growth, which led to its rise to the range of 30 dollars and now to the point of 21 dollars is fixed and fluctuating.
Considering that there are 8 hours left until the closing of the weekly candle and 11 days until the closing of the monthly candle, if the price can stabilize itself above the $26 area, there is an amazing possibility that this currency will reach higher areas.
If this analysis is of interest to you, please support me with a boost and comment.Thank you
Solana (SOL) completed a setup for upto 30% pumpHey dear friends, hope you are well, and welcome to the new trade setup of Solana (SOL) coin with US Dollar pair.
Recently we caught almost 140% pump of SOL as below:
Now on 4-hr time frame, SOL is about to complete a bullish Cypher move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
SOL - Another perspective ; momentum - part 1SOL - Another perspective ; momentum - part 1
Looking at SOL here, comparing pumps from one indicator perspective (momentum).
$100 top on this fractal/lens.
Lets see how this plays out.
Going to do part 2 which will be an update to my old ETH/SOL comparison idea. That one pretty much played out exactly so far over the last few months.
[solana] is going to $1remember when i said i'd buy solana at $10, back when it was at $200+?*
remember when i called out a solana buy at $8.08 last december?*
if you do, then remember my words tonight:
solana hits $1 in 2024.
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old:
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solana came up in 5 waves on a weekly timeframe, from 2020 into 2021.
since then, it has been in a simple zig-zag, coming down in 3 waves, with an estimated downside target sitting at $1.
this might seem highly improbable for a majority of the market at this time due to an enormous amount of greed, but this was all part of the og plan. now that a majority of the market has been placed strategically on one single side, a powerful strike will take place, to inflict the most painful of all inflictions.
you've been warned.
👻
SOLUSDT Breakout Signals Strong Bullish Momentum.SOLUSDT shows upward movement post breakout and retracement, aiming for $80 target.
Alternatively a potential dip to the Fibonacci .5 level might occur, with the rebound anticipated from that point.
It is essential for traders to monitor the market closely and be prepared for both bullish and bearish scenarios.
SOLUSDT (4h Chart) Technical analysis
SOLUSDT (4h Chart) Currently trading at $61
Buy level: Above $60
Stop loss: Below $55
TP1: $64
TP2: $68
TP3: $70
TP4: $80
Max Leverage 5x
Always keep Stop loss
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SOL - 4H bearish in the trading rangeSOL Coin Analysis: We're seeing signs of a potential drop to the bottom of the trading range for Solana coin, leading to a consolidation zone. The upward price action is less convincing than the downward movements, and Solana coin has shown resistance zone reactions. Additionally, the RSI divergence in the 4-hour timeframe further indicates a likely fall in SOL's price. Therefore, we expect a descent to at least the lower boundary of the trading range.
SOLUSDT triangle supportCRYPTOCAP:SOL approaching fibonacci support near triangle support, this is a good opportunity to enter bullish market.
we can set 3 different target, at triangle resistance, fibonacci projection and triangle projection
My trading today :
Buy now around 60.163
Pending buy at 58.390
close 50% position at 65.451
close 25% position at 71.000
close 25% position at 88.169
happy trading
Potential Breakout for Solana with Favorable IndicatorsI wanted to bring your attention to an exciting opportunity in the cryptocurrency market, specifically regarding Solana (SOL). Based on recent market analysis, it appears that SOL is poised for a potential breakout.
Several key indicators suggest a favorable outlook for SOL's price movement. Firstly, the Relative Strength Index (RSI) is currently in a neutral position, indicating that the cryptocurrency is not overbought or oversold. This suggests a balanced market sentiment and potential room for upward movement.
Additionally, the Commodity Channel Index (CCI) is in the upper band, further reinforcing the positive outlook for SOL. This indicates that SOL's price is trending higher than the average price over a given period, signaling potential bullish momentum.
Furthermore, the moving average combination displays a buy signal for SOL. This combination of moving averages is widely regarded as a reliable indicator for determining market trends. In this case, the moving average combination indicates a potential upward movement for SOL's price.
Considering these indicators, it is reasonable to conclude that SOL is presenting a compelling opportunity for investors. The combination of a neutral RSI, CCI in the upper band, and a buy signal from the moving average combo suggests a potential breakout shortly.
I wanted to share this information with you, as I believe it could be of interest to you and align with your investment strategy. However, I encourage you to conduct your research and consult with your financial advisor before making any investment decisions.
Should you have any questions or require further information, please do not hesitate to comment away. I am here to assist you.