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Solanausd

Solana Looking for Rise in its Price! {22/10/2023}Educational Analysis says SOLUSDT may go Long according to my technical. This is not an entry signal. I have no concerns with your profit and loss from this analysis. Why Long? Broker Binance Although the SOLUSDT Market is in a downward trend on a daily time frame, On 4 hours it is making higher lows and higher highs. So one trade is already on with RR is 1:4.85 Disclaimer I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS. Happy Trading, Fxdollars.
Long
by VishalBudhrani
SOL's Potential Rise of 50% - Let's Ride the Wave Together!I hope this idea finds you in high spirits and ready for some exciting news! I couldn't wait to share with you the potential rise of SOL (Solana) that experts predict could reach an incredible 50% surge in the near future. It's time to buckle up and ride this wave of opportunity together! SOL has been making waves in the crypto market lately, gaining significant traction and capturing the attention of traders worldwide. With its innovative blockchain technology and a growing ecosystem of decentralized applications, SOL has positioned itself as a serious contender in the cryptocurrency space. Now, with the potential for a 50% rise on the horizon, we have an opportunity to make some serious gains! So, why should you consider going long on SOL? Here are a few key reasons: 1. Impressive Performance: SOL has shown remarkable resilience and consistent growth, outperforming many other cryptocurrencies in recent times. Its upward trajectory is a testament to its strong fundamentals and the growing confidence of investors. 2. Expanding Ecosystem: Solana's ecosystem is rapidly expanding, attracting various developers and projects. This growth indicates a promising future for SOL, as more applications and use cases are being built on its blockchain, driving demand and adoption. 3. Scalability and Speed: Solana's blockchain boasts impressive scalability and transaction speeds, making it an attractive choice for developers and users alike. This technological advantage positions SOL as a strong player in the race for mainstream adoption. 4. Positive Market Sentiment: Experts and analysts are buzzing with optimism about SOL's future potential, with many predicting a significant surge in its value. This positive sentiment can help propel the price even further, creating a favorable environment for traders. Now that you're aware of SOL's potential, it's time to take action and seize this opportunity. I encourage you to consider going long on SOL, capitalizing on its upward momentum. However, as with any investment, it's essential to conduct your own research and make informed decisions based on your risk tolerance and investment strategy. Remember, timing is crucial in the world of trading, so don't miss out on this potentially lucrative ride. Let's join forces and make the most of SOL's upward surge!
by bryandowningqln
Solana Skyrockets: Breaking Through Resistance with $30 TargetSolana, the blockchain platform known for its lightning-fast transaction speeds and low fees, has been making waves in the crypto market lately. Its recent surge in popularity is not without reason - Solana's innovative technology and impressive ecosystem have caught the attention of both investors and developers alike. But let's talk about the breakthrough that has everyone buzzing. Solana's price has been on an unstoppable upward trajectory, and it has now successfully broken through the resistance level that has been holding it back. This is a significant milestone that signals a potential bullish trend ahead! With this new target of $30, Solana is poised to continue its meteoric rise in the coming days and weeks. The market sentiment surrounding SOL is overwhelmingly positive, and this breakthrough could be just the beginning of an even greater surge. So, what does this mean for you as a trader? It's time to seize this golden opportunity and consider going long on Solana! By taking a long position, you can potentially profit from Solana's upward momentum and ride the wave of its success. Don't miss out on this exciting chance to be part of Solana's incredible journey. Here's your call-to-action: consider opening a long position on Solana (SOL) today and position yourself for potential gains. Remember, as with any investment, it's important to conduct your own research and make informed decisions. Reach out to me with any questions or concerns you may have by commenting below. We're dedicated to supporting you on your trading journey and helping you make the most of this thrilling market opportunity. Stay tuned for further updates on Solana and other exciting developments in the crypto space. The world of cryptocurrency is constantly evolving, and there's never a dull moment!
Long
by bryandowningqln
8
SOL: Approaching ResistanceSolana (SOL) technical analysis: Trade setup : Price is in a downtrend and it dipped as low as $12 but got very oversold (RSI < 25) and bounced up. Now it’s approaching $20 resistance and 200-day moving average. We wait to see if price can break back above those key levels ($20), which would signal a trend reversal. If it gets rejected there, then this was just a bounce from oversold levels in a downtrend. Trend : Downtrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral). Support and Resistance : Nearest Support Zone is $15, then $12. The nearest Resistance Zone is $20 (previous support), then $25 – $30.
Long
by altFINS
SOLUSDT : Setting Up for a BIG MOVEHi Traders, Investors and Speculators of Charts📈📉 Solana / SOLUSDT has some GREAT upside potential from this point, and SOL is no stranger to parabolic upside movements. We know this because: ✅ SOLUSDT Macro Cycle analysis shows Accumulation Phase ✅ SOLUSDT established a clear bottom ✅ SOLUSDT is currently trading rangebound AFTER bearish cycle has completed ✅ According to market cycle / phase analysis, the next step to follow is the bullish cycle ✅ Clear support zone & resistance zone -ranges can be identified by using Technical Indicators With the help of two technical indicators ( Marty's Moving Averages & CryptoCheck FlipMO v2) we can confirm the conclusion made from the analysis of the chart's macro perspective : we are currently trading in range-bound accumulation phase. It's not ideal to trade in rangebound zones between support zone and resistance zone since this is the ideal place for stop hunt algorithmic trading bots to trade, often causing shakeouts. Even thought the price may continue to trade range bound for a period of time , the next big market cycle is clearly the bullish phase. _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck CRYPTOCAP:SOL BINANCE:SOLUSDT COINBASE:SOLUSD BINANCE:SOLUSD BINANCE:SOLUSDT.P BINANCE:SOLBTC BINANCEUS:SOLUSD CRYPTOCAP:SOL.D OKX:SOLUSDT.P KRAKEN:SOLUSD
Long
by CryptoCheck-
41
SOLUSDT are you rdy ? 🧨😉Well, well, well. We want to do Solana analysis together. Solana will first have a short trend from 19 dollars and 90 cents. After we started the downward trend from 19 dollars and 90 and a half cents, our target price for shorts is 16 dollars and 20 cents. Well, after our trend took the shorts and reached our desired target, the upward trend of Solana will start from this price. So, for the long trend, from 16 dollars and 20 cents, our target will be 38 dollars and 17 cents. This was Solana's analysis.
by ManochehrAzar
Solana: Check! ✔️✏️As planned, Solana has worked its way through the turquoise zone between $22.45 and $17.82 and completed wave 2 in green. Now that this to-do is checked off, our crypto-friend should gather some upwards momentum, which should propel it out of the turquoise zone and further northwards to finish wave 3 in green. However, there is a 20% chance that Solana might not be able to activate the necessary drive and thus slips below the support at $16.01. In that case, we would expect the altcoin to develop a new low in the form of wave alt.ii in orange first before heading upwards.
BINANCE:SOLUSD
by MarketIntel
$sol continuation? Final target $111?Not going to lie. Today was a rough trading day for me. After a full month of feeling in the zone and catching both upside and downside moves, I had a pretty large loss today trying to short the S&P thinking we'd go down (I mean to be fair, I was right premarket - down over 1% but didn't anticipate a bounce). All that to say, the day made me reassess market structures across asset classes and I realized that the move down was just a fake out in a consolidation pattern and that we're likely to head higher. I was looking at smaller timeframes and while there were head and shoulders patterns all over the place, none of them materialized and the bounced higher off their downtrend lines. Then I zoomed out. If you look at the chart of $SOL, it actually looks extremely bullish. It's been consolidating in a bullish flag since the middle of January and looks poised to break out. On top of that, it's consolidating outside of the downtrend line. I think the final target of this move is $111 (or strech target $135 -50% retracement), and while I know that sounds extremely bullish (for me in a bear market), I think price can get there just because of how oversold it was and how that would take us into the midpoint of the breakdown. I don't think getting up there would be that crazy. I took a position here at $24.60. Let's see what happens over the coming weeks/months.
COINBASE:SOLUSDLong
by benjihyam
14
Solana LONG | Does this make sense to you?BINANCE:SOLUSDT Hello all, I hope you're doing well. :) OVERALL METHOD EXPLAINED: In this 4H Solana/USDT Chart, I went trough the overall trend (bullish up until some point in the chart), used the Fibonnaci retracement tool (usually I use the "Golden Area" as of guidance ,from my point of view it doesn't have to be very difficult), identified key areas of support and resistance, and drawed out some waves to help understand any possible direction reversal. A LITTLE MORE IN DEPTH: Price has been trading sideways overall since a while ago, not really forming a decisive direction. Therefore at this point, and after dropping so low, it was able to sustain itself for a bit around the 17 range. After (most recently) going on up until the 21 range and maintaining the price there, with all the analysis and specially regarding the waves and the fact that it is sustaining in the 21 range, the fibonnacci helps see the TP at 34.91 and SL at 15.46 , forming a RR of 2 , which I see as safe, since upon continuation of this possible reversal there's always the possibility of moving the SL to breakeven or etc. (according to each ones methods). What is your point of view? Will the price do as I mentioned, or similar? Let me know, and give me a boost if this makes sense to you! Have a great day y'all.
Long
by harfi7520
1
What kind of reward do Solana SOL holders expect?The price of SOLUSDT has weathered yesterday's "helicopters" in the cryptocurrency market quite well. However, it is still in a downward trend channel since the end of 2021. It seems that only the most steadfast holders of Sol remained, who believe in the Solana project and will not drain the token under any circumstances. And if we also take into account the fact that FTX is expected to resume operations in the second half of 2023 and early 2024 with a return of 50-70% of the lost funds, this may play a positive factor for the Solana project. Here, we have described in detail how closely Solana was connected to FTX and related entities. So, as of the time of writing the idea, it looks like $19.50-26.50 is the zone for accumulating long positions. Above $26.50, a powerful upward momentum should be generated to break the downtrend. The first target for such growth is 42-47$ , as the upper boundary of a long-term liquidity zone. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
32
Solana offers us to get up to 22% profit from a single trade!Hello everyone! Today, Solana offers us the opportunity to gain up to 22% profit from a single trade. As you can see on the chart, a symmetrical triangle pattern has formed, and after a sharp impulse due to the rise of Bitcoin, the asset has approached the strong Fibonacci level of 0.382. It is possible to enter the position from this level, while also expecting a small correction of +- to the middle of the daily candle from the Fibonacci level of 0.382. Take profit around the Fibonacci level of 0.618, which would result in approximately 22-23% profit. This is not a financial recommendation, and everything you do is done at your own risk.
Long
by neverovv