Solana SOL DirectionI've set with red the support and resistance zones for Solana.
I Don't short this VC altcoin, too manipulated.
My next spot buy of SOL will be between 21$ and 18$, with a chance it goes even below 16$.
The RSI made a plateau of support, check the black line.
If BTC scam wicks up for a while now, SOL might retest 42$ first, before more down to come.
Have a nice day )
Solanausdt
Solana SOL Short term future - Trend analysisSOLANA is heading to the $50 dollar level within das. From there I see a short-term reversal.
#SOL Analysis : #SOL broke the downtrend resistance line and #SOL Analysis :
#SOL broke the downtrend resistance line and hits the major resistance level of $40.70 - $48.44. The zone is pretty huge and currently price reacted of the major resistance and price may continue to dump. so no buys right now, better wait for the opportunities.
ONE USDT HELLO GUYS THIS MY IDEA ABOUT Harmony One Usdt is nice to see strong volume area....
Where is lot of contract accumulated...
I thing that the buyers from this area will be defend this SHORT position...
and when the price come back to this area, strong SELLER will be push Up the market again...
DOWNTREND + Support from the past + Strong volume area is my mainly reason for this Long trade....
THANKS
TURTLE TRADER
SOL trade opportunity to make 25% ROISOL so far is giving a short-term bullish look with its main indicators showing positive indicators. One can dive in considering the resistance at the upper trend line and can come out of the trade-in case of reversal after touching the upper trendlines.
Short-term opportunity to make few bucks.
Pullback now completed in daily chart. will SOL test 35$ again?In the daily time frame, the pull back has completed the downtrend line and the price is expected to decrease to the $ 38 area, and from there, it will start its uptrend up to the $ 60 area by forming a double bottom pattern.
My prediction is that with the price fluctuating in the range of $ 35 to $ 60, Solana will enter a triangle, which at the end of the triangle is expected to break the downtrend line to reach the important $ 80 range, which has very strong resistance.
Keep in mind that all of these behaviors also depend on the price trend of bitcoin.
These statements are only personal opinions and are not a signal to trade.
$SOL long term planWe will get a relief rally sooner or later. When we get it can easily go up to 80$ and eventually coming down to form a range 20-10$ or even lower depending n the market conditions. It would be a long long time of that accumulation phase . Might accumulate some in that region. Long term $SOL will be a bangger once again provided it survives this bear market well.