SOLANA - It's not as bad as it looks.After stopping the downtrend on the chart, there is a breakout with a breakout of the historical support level. In order for this breakout to be considered false, the price needs to return above support with bars of renewed buying on rising volumes.
There are sales through the claymatic, to confirm the purchases you need a test of this buyer, which stands at 12-15. Observe.
If you liked the idea, please like it. That's the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
Solanausdt
Soon will be a strong movement of SOLANA SOL price, but where ?The downtrend on the SOLUSDT price chart lasts exactly one year
The maximum in November 2021 was $260, and the minimum in June 2022 was $26. Painful 10-fold depreciation of SOL in just a year
For the last 4 months, the SOLUSD price has been in a long consolidation in the liquidity zone as in 2021. The exit from consolidation will be impulsive, strong and with a large %% value.
Fixing the SOLUSDT price above $31 will most likely give a good upward movement to $59 and $79
Fixing the price below $26-26.5 may provoke a depreciation of SOLANA by another -50%.
The culmination is coming soon - wait for it and jump on the side of the stronger ones.
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$SOL Bottom2019 $ETH Market Cap @ Bottom
vs
2022 $SOL Market Cap @ Bottom
- Similar -95% drop.
- $5B market cap bottom on #ETH versus $7B market cap bottom (?) on #SOL after 3 drives down (purple).
- Fractal shows 1+ year accumulation for SOL here, stay #safu
Long term bag getting padded here @ <$15 per $SOL.
SOL SOLUSD
ETH ETHUSD
Stay #Safu frends,
-@CryptoCurb
Solana is in Full Selloff ??Solana is in a critical Area, everything is possible now if market continues to fall more, Solana will lost its PRZ, and will fall to 4.95 , 4.44 , 2.53 and even 1.27 ,
everything is clear if breaks below, short , and long position is not recommended, the market may have some correction, but we are in a bear market..
and also , in some exchanges Solana price is lower, check yourself
please share your opinion in the comments
I consider all analyses performed in relation to that trade position.
Our analysis is not a buy or sell referral.
If you found our analysis useful and interesting, feel free to share it so that more individuals might benefit from it.
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Solana 2024 Mission- i am not really a pure fan of Solana because despites what they say " Solana is purely centralized by their own developers "
- that said they have liquidiy, nfts, some use cases, and well it's pretty fast and cheap fees ( when their blockchain works...)
- Everything is in chart.
- check older analysis here :
- Where will you be when SOL will take off ?
- Feel free to comment wisely and don't forget everything is purely speculative, so take it easy.
Happy Tr4Ding!
Solana Analyze (Short Term, Timeframe 15min,11/07/2022)!!!Solana was able to complete wave 4 on PRZ(Price Reversal Zone), while the wave was an extended wave.
I expect Solana will go down at least to the support line.
Solana Analyze Analyze ( SOLUSDT ) Timeframe 15min⏰.
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.
IS $40 PER $SOL POSSIBLE THIS YEAR?Greetings fellow traders. In this analysis, we take a look at a possible Solana ($SOL) Buy Swing position. The Risk-to-Reward on this trade is a "No-Brainer" hence the reason I am sharing this trade setup.
My confluences for the Buy trade setup:
- Solana is well known as for its NFT ecosystem. With $SOL being the underlying currency for this ecosystem, it makes $SOL fundamentally strong for the long term.
- Now lets look at the technical analysis,
* There is a Fair Value Gap around $29.50.
* There is also a Bullish OB just below the FVG.
* There are notable equal highs/ Sell Side Liquidity around $34.50 that has to be raided.
* I will be targeting the Fair Value Gap by $42.50 as my intermediate target price. My Long term target price is $60.
- Looking at seasonal tendencies, Q4 is usually good for the Crypto market therefore there is a higher possibility of the market being Bullish than Bearish.
My Entry price is sub-$30 (preferably, $29.50). Use proper risk management.
With this said, Happy Trading Pals
SOLUSDT ShortAccording to the higher timeframes (4H, 1D), the price has been forming a rising flag ever since price touched the 26.2 support zone back in June. The price is now at the lower trendline of the channel, and it has formed another rising flag within the lower timeframe (15min, 1H).
I am anticipating the price will break out of the smaller timeframe channel, retest it, then break out of the larger channel retest it then maybe continue with the bearish momentum. My target is 22.0, which is a major support zone of this coin. So, for the next few days/weeks, let us monitor the price, wait for it to break out, and retest the zones so as to place our trades.
Entry price @32.0, Stop Loss @37.0, Tp1 @27.0, and Tp2 @22.0.
Remember, only risk 1-2 % of your account.
SOLANA - will it ever recover?In this chart we present the market cycle overview of SOLANA.
Do you think that Solana will recover? Does it have enough power? Or it will finish like LUNA?
Or it will never reach its ATH like coins from 2017 bull market? XRP, IOTA, BCH, NEO didn´t go even close to their previous all time high. Solana may be different or it may follow the trend and never reach its ath.
SOL retesting resistance prior to continuation down southThis brings me no pleasure as I'm a solana OG; been into solana since it was less than 1$
The market is weak and will bring #solana down with it. the targets are on the chart. Only hope here is for #crypto #BTC to rally but i dont think the inevitable can be avoided.
The chart pattern for BRC remains bearish and is currently in a large descending wedge. Sine its large, the downside is still large enough to hurt.