Solana to breakout in 7 daysI've been studying this rounded bottom and its important demand zones, already taken some profits of an entry I did earlier. I want to share new entries as trend continues to be bullish and becoming parabolic. Currently sitting at 200MA support and only waiting for confirmation of this being the new demand zone, if this happens we can almost guarantee a breakout to the upside. Entries at 40.5, 39.5 and 38.5 , stop loss at 34.23 and targets you can spot those in the diagram.
Do your own research !
Solanausdt
Solana (SOL) formed bullish Cypher for upto 11.50% pumpHey dear friends, hope you are well, and welcome to the new trade setup of Solana (SOL) coin with Bitcoin pair.
Recently I shared a long-term trade plan for SOL, which is still in play:
Now on a daily time frame, SOL has formed a bullish Cypher pattern.
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.
Solana (SOL) 12Hr UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
SOL/USDT UPDATE :-
Solana failed to break above $47 despite several attempts to date. Now, the price is back at this key resistance level after a sustained rally from the key support at $40.
The price has also formed a large ascending triangle (in blue) and is quickly approaching the end of this formation, which will make a breakout very likely. The question is if SOL can manage to move above the key resistance at $40 and allow the price to rally higher towards $47.
While this formation gives a bullish bias, Solana has been left behind compared to other cryptocurrencies like ETH. For example, while ETH has made a higher high, Solana has failed to produce it. This shows weakness. Nevertheless, a break above the triangle appears more probable in the current market.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
#Solana To $70 then $80Looking very good indeed. And not ruling out higher targets once these are made.
But only once a clear structure presents itself.
The caveat being this move is a strong reaction post absolute carnage, and you should be booking profits on your doubles and triples if you have been long from lower levels.
We don't need to call THE bottom... but we can take advantage of up moves. Taking it a level at a time.
Putting ourselves in stronger positions to take advantage of any declines post reaction to this past crash.
#Crypto's are momentum led.
with momentum leading prices in my experience.
SOL USDThello guys this is my trading idea about SOL .
MY idea if we want stay on bullish trend on daily time frame we have to make another HL
IF we do LL so i will considering our bullish trend is end for the moment on daily time fame
if like my trading idea please like and share and follow
Thanks Turtle Trader .
SOL falling wedge pattern. Forecast where the price will go?#sol
▪️ Deadline for the deal is 7 days. Solana has formed a Falling Wedge pattern. On the graph, he depicted what the working out will look like!
In order not to miss a buy signal, subscribe and stay tuned for new ideas. Every day I post 10 profitable ideas a day.
SOLUSDT 12h Medium-term trade - our target $79Last week, we published the idea of the SOLUSDT trading pair, where we highlighted the main liquidity zones for the last 2 years.
Over the past week, the SOLUSD price has been consolidating above the important price zone $30-31. Even yesterday, when they tried to spill prices in the entire cryptocurrency market, the buyers of the Solana token were able to hold the SOL price.
This behavior of buyers and sellers at SOLUSDT chart price allows us to take a medium-term long position under the following conditions:
Entry 33,11-33,51
Stop 27,84
TP1 - 58,80
TP2 - 78,84
By the way, yesterday we already published the conditions for the selection of two medium-term long positions:
AVAXUSDT:
SANDUSDT:
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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 :)
SOLUSDT 12h Solana +35% growth in 6 days and this is not the endToday we will update info about our medium-term SOLUSDT trade.
After an 8-10 month downward trend, it is hard to believe in growth, but the fact is that in just 6 days the Sol price increased by 35%
The first strong resistance level of $50 is very close.
We assume that consolidation may begin below it before continuing the upward movement.
Therefore, it is worth making a decision based on what type of trade you practice, whether the profitability is sufficient for you, how large the size of the position is, etc.
At the moment, it seems logical to partially fix the profit on the long position of SOLUSD, before the levels of $50, $59 and $79
The growth pattern is relevant if, the nearest days, buyers do not allow the Solana token price to fall below $41.
Subscribe to us and always receive timely updates on the technical analysis of cryptocurrencies.
_______________________________
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 :)
SOLANA (SOLUSDT) breakout or antoher dump?SOLANA has shown signs of strength recently, first by stopping its constant fall on a historic support level with significant volume (2nd biggest trading volume in SOL's history on Binance).
Also the descending channel of the past few weekshas been broken. While these are all bullish signs to me, another historically proven resistance area is just above the price and a long-term decending resistance line is very close too. If the price was to close above 60-61 USD, then I would start hoping for a longer-term uptrend - though not necessarily a new All-TIme High in one go ;-)
On the other hand, the aforementioned two resistance factors can justify a short positionif the price failsto holdabove 60 dollars.
SOLANA Short SetupSolana is likely to go down as it has broken down the trendline support, and now it has become resistance level, make sure to take more evidence before taking entry on it.
Use the MAEE formula to take trades.
- Market Structure (Bullish-Bearish)
- Area of value (support-resistance)
- Entry trigger (candlestick pattern evidence, moving average, etc.)
- Exit trade (risk management, stop loss, and take profit)
You can use this proven formula to reduce losses and make more profit!
Note: This is not financial advice, you are responsible for your trades.
Thank you!
SOLUSDT 1D Buy and sales levels of Solana in the descriptionBefore you is the global chart of SOLUSDT
For more than 8 months, the downtrend in SOLANA price continues, and the last 2 months the SOLUSDT price is in the lower part of the trend channel.
However, it seems that there is interest in the SOLANA project and there are both large and small buyers.
Buyers did not allow the SOLUSD price to fall below the liquidity area of $20-40. It was there in 2021 buyers was taken the final big long position before the pamp at x10.
Targets for SOLUSDT price growth in the coming weeks:
1) $42.50
2) $60-61
3) $79-80
If you see that the SOL price is trying to stabilize below $30-31 , then place an order to buy at $23 . Of course, you have to buy SOL if you believe in the bright future of the SOLANA project and know how to use the SOL token in your deposit.
(By the way, you can share your thoughts and experiences in the comments)
_______________________________
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 :)