SOLUSDT: Triangle patternThe local correction on SOLUSDT in wave 4 continued, forming a triangle pattern.
I will buy on a breakdown of the triangle pattern with a stop loss at $24.6 and a take profit at $27.
Solanausdt
#Solana SOL/USD -Daily chart#SOL - From analysing the chart, it is clear that the overall sentiment is bullish, meaning that we expected to increase.
However, it's important to take note that the relative strength index (RSI) is quite high, which may indicate that the market is overbought and could experience a short-term pullback.
Additionally, it's important to be aware of any resistance levels that may be present on the chart and to consider the historical patterns and trends. Despite the high RSI, it's important not to jump to conclusions and to evaluate the chart with a critical eye. It's essential to not make hasty decisions out of fear of missing out (FOMO) and to take a moment to think critically in order to come to a conclusion.
Overall, it's important to be careful and to make well-informed decisions.
"SOLUSDT" NEXT MOVE!!!Here we can see that "SOLUSDT" in 1 day time frame has taken breakout from the TRENDLINE and trying to retest ont the line and if it takes a healthy retest we can see a good bounce in the price and price could rise till the zone of "31.485". And if the its a fakeout then we can see downfall in the price till the zone of "20.313". Till then keep an eye on the smaller timeframes of the market and if the price hits the support mant times then there is a high change to break the candle in the downwards direction and same things applies for the resistance zone. And according to the TRENDLINE make your TRADE ENTRIES.
ENJOY!!!!
SOLUSDT: Buying OpportunitiesA local correction in wave 4 is forming on SOLUSDT, which makes it possible to plan an excellent entry into the trade at limit levels.
I will buy SOL from the support level at $23.7 with take profit level at $27.
SOL to retrace to $9SOL just got rejected at the top of the long term descending range. I expect a revisit to to the median of the range which is at the 9-10 dollar level.
Price pattern projection is done for the 4 day chart and I'm putting it on this daily chart so we can see the higher timeframe direction on daily and see the daily price action against the 4d chart.
This is not a financial advice.
SOL (Long Term Pathway)SOL/USDT
SOL price pumped hard from 8$ to 25$ (X3) in few days
and recently price started to rejection
well, this is normal if you check my chart as price is testing strong resistance ( channel + horizontal S/R)
If you missed my entry from my last idea at 15$ (66% pump)this not the end
The next long term pathway will probably be determined in next few days according to my chart
Scenario 1 : breakout
Breakout of both resistance and closing above will send SOl directly to higher prices
Scenario 2 : rejection
Incase of hard rejection here and BTC make a bulltrap and fakeout the next best buy will be around 5$
Iam leaning more to scenario 1 but as you know this is crypto and must be ready for anything , So never trade without a plan
I hope this idea will help you in trading
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SOLUSDT 4H -TIMEFRAME ANALYSISSOLUSDT 4H -TIMEFRAME ANALYSIS
💗Hello ladies and gentlemen
This is my new idea for 💥SOLANA
I hope my idea is clear
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[Solana]Either $30 or $18.5 from hereEvery thing is clear on the chart....
SOL may not follow these path line accurately but overall scenario should be like this!
Long entry: Break of $25 zone and then holding that zone as a support will be bullish signal. And then stoploss should bd just below $23
Short Entry: If SOLbreak the the trend support line (lower black line) and then we should wait for a retest after break down of this line. If it gets rejected from the retest then we can enter for a short.
-SOL/USDTSolana did a good work since November , but as i see on HTF Price still bearish & all that move it's a part to form LH on HTF & price doesn't any HTF demand yet & left Liquidity behind & all the other markets still doing same thing NQ S&P & BTC ... . Easy invalidation is to flip the Weekly supply
Solana Analyze (Road Map)!!!🗺️Solana is running in Descending Channel. I tried to use Elliotte's wave theory to show you the Road Map🗺️ of Solana .
Solana Analyze Analyze (SOLUSDT) Daily Timeframe ⏰ (Log Scale)
Solana completed its Main wave 3 in the lower line of descending channel, and now it is on the way to the Main wave 4. The Main wave 4 can finish 49.8$-46$ OR 38.8$ & and at my TRZ (Time Reversal Zone). About Main wave 5, I showed you the targets of it in my chart.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Solana Analyze (Short term, Timeframe 15min, 01/13/2023)!!!📱Solana was moving in an ascending channel in the 15-minute time frame when Solana broke the lower line of this ascending channel, thereby confirming the end of the main wave Y above the ascending channel and PRZ(Price Reversal Zone).
I expect Solana will go down at least until the support zone.
Solana Analyze ( SOLUSDT ) Timeframe 15min⏰.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Solana update What to expect next , as i said before in BTC , ADA ,Sol
and ETH .
The was in descending channel , that is bullish sign on daily chart .
But now its confirming the down side if we dont take The previous low at 26 which is not going to happend due to inflation rate 6.5 ( still high )
I think 18 is a good target this week .
Good luck
SOLANA lOOKS ON a GOOD WAYsince the breakdown trend on so long, it seems so long are coming step by step back into the trend.
if Solana holds this view, it could recover back to its old levels where it was, Solana could need some time extra to come back to their old levels.
The good news is also on the new coin BONK since BONK coin connects to the Solana network.
Bonk can become the new meme hype coin coming time since it shows some views, and we did an update about it in the below chart.
Let's see coming time how SOANA will play out, until now it seems on a good way.
Solana SOL price may start correction in the coming daysA few days of the rapid growth of the SOLUSDT price has given many owners of the coin hope for super-strong growth.
But not everything is as good as it may seem at first glance.
Firstly, the SOLANA project is very much connected with FTX and Co (the show on this situation will last for many months, if not years). More details about the amounts involved and the number of SOLs involved with FTX we wrote in our previous ideas.
Secondly, the SOLUSD price is entering the liquidity zone of $13-16. In this zone, at least two groups of traders will sell SOL: those who unsuccessfully took a long position in November 2022 and sat through a 50% drawdown, and now will exit from the position to "zero" and those who bought SOL with limit orders at a liquidity level of $8, and now it's time to fix +70-100% profit.
In the medium term, we assume that the formation of a reversal pattern "Inverted Head and Shoulders" is possible
According to this pattern:
- risky buy zone of SOLUSDT around $10
- conservative purchase of SOLUSDT after a confident consolidation of the price above $16
The target for the development of this pattern is around $31
Given the fact that SOLANA is very much dependent on how the process of judicial proceedings over FTX and co. will take place. It is worth understanding that one news or tweet and the price of SOL can plummet.
Therefore, it is worth insuring your long positions with stops.
It is worth keeping limit orders to buy SOLUSDT around: $3.70, $2.25, $1.65 . And maybe someday you will be lucky with a super profitable purchase of SOL, like those who bought SOL a week ago at $8
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SOL: shorting area is closeSo basically I'd short SOL once price reaches that OB and grab some liquidity. I think SOL won't recover much after FTX debacle and I think this market pump is just BTC making another bear flag before another dump. 1+1=2, I think this SOL pump is just a dead cat bounce.
At 4h we can already see a bearish DIV in formation but if BTC keeps staying over 17K I think alts will keep going so bearish DIV won't play out. If BTC goes down alts will dump even harder. Here the 4h chart:
Good luck
SOLNot financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
A fast trade on solIt is a bearish market .
A fast trade on sol usd on a bearish basis .
A strong and fast sell we done . we must put a stop that shown in the graph as it couldnt pentrate the resisitance shown in the graph .
If it was broken we should leave it away
SOL is testing key resistant zone SOL / USDT
At 8$ mark, the price pumped hard with strongest volume entering the market since start the bear market !
Currently price is retesting the key zone (14$-15$) which act as a strong daily supply
If breakout done here … looks for 19$-20$ in short term
If rejection done here … looks for 9$-10$ in short term
So keep your eyes on the key level
SOLUSDT forming Flag Pattern!!SOLUSDT (4h Chart) Technical analysis
SOLUSDT (4h Chart) Currently trading at $13.21
Buy level: Above $13.4 (Buy After Breakout)
Stop loss: Below $12.5
TP1: $14
TP2: $15
TP3: $16
TP4: $19
Max Leverage 3x
Always keep Stop loss
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Bump and Run Reversal - BARR FormationOn the 6H a BARR formation (Bump & Run Reversal)
A sideways price action followed by a sharp drop which then sets course towards the Lead in line. When the price breaks the Lead-in line it is desirable to spot a re-test to make the RUN... Target red box around $18
it looks like a bounce on the previous support line was there in case of losing that support i be looking at the 2 blue boxes. The Elliot Wave is included in this and I assume we are in wave 4 yes these blue boxes also fall within the margin of the wave 4 fibs, and together with the support lines based on the swing points could therefore be a solution.
Then the following... which is the MA200 which coincides with the "old support line" see story above. and the lowest blue box currently coincides with the MA50.
Keep calm, do your own research, trade safe and manage your risk.
(Disclaimer: This is not financial advice)
Solana dump goodbyeWith FTX exchange collapse the whole crypto market has been collapsing.
Most likely Solana will dump hard as FTX which was the biggest Solana supporter / Investor did exit scam.
It may become very ugly for Solana holders.
We may see some scam pump but the main direction is south.
Be careful.
SOLANA: CREATING SUPPORTHey guys, Happy New Year to all. Here's a quick update on Solana in 12 hours timeframe.
Solana has created support at $9.13 and we can expect a bounce back toward $12. The RSI is already at the oversold zone and it is likely to move in the upward direction. Breaking down below the support trendline will invalidate the bounce back.
Have a great new year, guys.
#SOL/USD The Ship is Sinking.Many OGs shilling Solana on other social media platforms.
I sold mine way back when the FTT Drama started.
I had a small bag so didn't make much difference but for those who are still holding it be careful.
The chart isn't looking good.
Whatever you see on those platforms could be just an EXIT LIQUIDITY.
Be careful who you follow.
There are many other better projects to look at.
SOL has broken its long-term uptrend whole trading at $37 on 3rd November.
Lower support is at $4.12, $1, and $0.50.
I do not see any technical or fundamental reason to hold this coin though you are free to make your own decision.
This is not financial advice.
IMHO the only best coin to accumulate is BTC right now.
We may see a new low but that will merely be an opportunity.
Stay tuned and do hit the like button, I will be posting the last Bitcoin chart of 2022 later today!
CHEERS
STAY SAFE
