Solanausdt
SOL/USDT : Possible Entries in any case of drop ! BINANCE:SOLUSDT
Hello everyone 😃
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it !
I'm going to search for possible directions and opportunities into the lower supports and we approach the possibility of drop below $20K.
So; The ideas are based on the rejection of $52K and breaking $29K on $BTC, In any other case I won't use this analysis to spot the possible entries.
There're two spots that I'm looking for SHORTs on $BTC; $46500 and $51000. Based on the mentioned levels I'm going to analyze my $SOL's chart !
There's an opportunity for $SOL to pullback above $100 and more at the current support zone into LTF charts :
But so, In this case; We'll search for our SHORT entries into $120 - $130's resistance zone and from macro view; Aimed target for mid-term should be $65.
- In any case of break below $85 before a retest into $120's resistance, You have to sell out your bags and aim for $65.
For further rejection we need that break below $65 which makes us this opportunity to set our buy limits on the mentioned levels at $30 and $20 !
📑 Conclusion :
- There're two levels to watch for :
- $85; Any rejection below will lead the pair into $65's Demand zone.
- $95; Any pullback above will lead the pair into $120's Supply zone.
Also there're two main zones to watch for macro movement :
- $120; Any rejection from this level will lead the pair into $65's Demand.
- $65; Any rejection from this level will lead the pair into $30's support lines..
🔴 Unfortunately analyzing the crypto pairs before any major movement's confirmation is more risky with less success rate; So I would be pleased to play the chart with more carefulness !
Hope you enjoyed the content I created, You can support us with your likes and comments !
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
Solana, is it time for a breakup?SOL/USDT Binance Weekly Chart
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Orange = EMA 21
Green = SMA 50
Red Lines = Predicted resistance and or support areas.
Purple Lines = My limit buy orders.
Greetings fellow crypto enthusiasts and fellow traders,
NFTS have been raging hot with such euphoric buying and while there will likely be a future for NFTS, I believe the immediate uptrend on Solana is over. While there is a current consolidation in the price action, it does not mean SOL is out of the woods yet.
With the Stock market looking to pullback next year and the strong corelation between crypto and the SPY, there is a greater chance of a pullback to retest lower levels, perhaps even as low as $80.00.
However, I don't think this move will happen unless there is a pullback in BTC and the SPY, along with the price action piercing the EMA 21 again.
Currently the price action remains undecided, does it go towards testing $200? Or does it retest the Weekly EMA 21? Whichever the case, If I were trading this, I would probably DCA and stay away from position sizes that are too large.
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Price Action Analysis:
-The uptrend from June to Nov, appeared to tighten and trade in a rising wedge.
-The Drop so far has resembled a potential Broadening Ascending Wedge.
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Current Trade ideas:
Trade idea#1 - Buy as close to the Weekly EMA 21 as possibile, Take partial profits at $180 or higher.
Trade idea#2 - DCA, no one knows where the bottom will be after the euphoric phase has run out. However, this NFT network and NFTS in general are too large to ignore, but do consider position size and risk when entering.
Good Luck out there,
May your portfolio reach Luna and beyond
SOL/USDT 1DAY UPDATE BY CRYPTOSANDERS Welcome to this quick SOL/USDT analysis.
I have tried my best to bring the best possible outcome to this chart.
Reason of trade:- SOL/USDT 12hour analysis look bullish chart and buy green zone
Entry:-CMP and GREEN zone
Traget:- $120
$140
$155
$170
$190
$230
$260
Stop loss:- $68
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language
Do hit the like button if you like it and share your charts in the comments section.
Solana 70% below ATH but the bear market is not finished yet!A clear impulse move can be identified in the SOL (3rd leg extended) .
After the 5th wave of in impulse, there should be at least an ABC for the correction.
SOL is in the middle of that ABC. A huge move could be on the way after the end of correction.
A good price for the end of correction can be around 20-21$ and it need at least one year to get there.
Notice: this is not a financial advice
SOLUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. There is the S1 line which the price hit 2 times and could not break it but did so on the third try. It has made a pullback to it and we have set the Buy order. There is the R1 resistance which confluences with the R2 resistance and turn it into an important resistance area. If this area is broken, it can move up to R3. But if the price goes below the S1 line, it will fall down to the S2 line.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
SOL Solana Price Target after the hackIf you haven`t sold SOL here, when it formed the Head and Shoulders Bearish Chart Pattern:
Or here, when a small bounce was obvious:
Then you should know that after Solana Wormhole hack, Polygon Network hacked last August and Crypto.com’s hack last month, the security of crypto institutions such as DeFi platforms is questionable.
My price target is the $70 support.
Looking forward to read your opinion about it.
$SOL in medium termThis is my points of view about the medium term for $SOL.
Following the downtrend channel, the price has just finished 5 corrective waves and now turns to ABC or ABCDE in accumulation zone.
So, we need to consider about
1/ the breakout zone to get over the downtrend totally (>137), this resistance is very strong.
2/ the resistance zone to confirm the uptrend (>157)
3/ In case, the price can not get over the resistance, it will pullback to the accumulation zone to retest and confirm C (>100<) or D-E in the range of 80
NFA
SOL/USDT - Potential 74% SetupHello Traders!
The price of SOL found support near the level of $88.00. The sellers' bid was bought out by the market, after which the buyers began to actively move the price up.
On the 12H timeframe, the price is testing the MA50, the RSI indicator went into the bullish zone.
We can observe purchases in the range of $100 - $112 with a stop loss below the price level of $88.
The targets are at levels $171 and $195
The current price levels provide an opportunity to open a trade with good risk/profit potential.
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
SOL/USDT ChartHi, I try to post often so if you could follow and like it would mean a lot to me.
Before I start to talk about SOL I would like to point out the market conditions that allows me to say that we are going up in the short term. BTC going up with a bullish divergence in the 4H and SPX rebounding are favorable to markets to go up.
SOL is looking nice and after being undervalued for some days I expect a retest to 110$. The coin has a bullish divergence in the 4H chart that shows the target. Volume is also looking preety consistent so I can only hope for the best. Not the best trade to use a lot of leverage. (I am not a financial advisor).
I startes to stream weekly on TradingView so if you want me to answer all your questions about crypto come on my stream on the next friday (I will post the hour in the updates of the idea). Thanks!