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Solana - Exponential growth, right now! Solana looks extremely strong at this moment, and it looks like we will have an explosive pump! But it has already begun. From a technical perspective, we need to retest the previous blue trendline, which is at 29.8 USDT. It's also the point of control for the previous price action. This is the first profit target, and I recommend selling SOL here. The second profit target is more advanced. There are a lot of stop losses above the wave (4), so the market might find enough strength to get there. It's at 48 USDT. In my previous analysis on Solana, I recommended buying SOL at 8.6 USD, so check out my previous idea in the related section down below for more details. The chart is printing a broadening falling wedge on the weekly chart, and there is definitely the possibility to touch the top of the wedge in the immediate short term! This analysis is not a trade setup; there is no stop-loss, entry point, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately. As per my Elliott Wave analysis, the major impulse wave from the previous all-time high has been completed successfully, and at this point we should look for an ABC retracement to the upside. I see a lot of signs that Solana has temporarily bottomed out on lower timeframes. The strength is currently incredible. Counter-trends tend to be steeper, so there is a possibility of hitting my price target at warp speed. If you want to trade Solana intraday, it's definitely a good opportunity because the volatility on this coin should be insane. I recommend only longs. Thank you, and for more ideas, hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
108
Solana - Buy here for a 452% PROFIT! (Best level) You are wondering why SOL is falling drastically and maybe where the best level to buy is. In this analysis, I will show you! Technically, this coin is very weak. The downtrend is steep and very impulsive, no doubt about it. But it is also a great opportunity for buyers to speculate on the midterm long position. But first of all, we need to find the best level for it. Fibonacci is a very powerful tool, and we can use the confluence of the FIB retracement and FIB extension to look for a level where there is likely to be a trend reversal point. We need to take a FIB retracement (LOG FIB) from the previous huge uptrend from 2020–2021. We can see that 0.618 FIB is at 8.52 USDT. 0.618 FIB is, of course, the strongest FIB level. Also, we need to take a FIB extension from wave 3 => 4 to predict a fifth wave. There is a pretty good chance that the trend reversal point can occur at the 1:1 FIB extension, which is around 8.74 USDT. Because we have a very strong fibonacci support between 8.52 and 8.74 USDT, we can place a buy order here and wait for the price to reach this level! Sounds pretty easy, doesn't it? I think we should see a lot of buyers here, and we can expect a major rally with a potential profit of 452%! If you bought SOL at a higher price and you want to get out, then it's good news for you! I don't have any SOL at this moment, so I am waiting for the price to come to me! The price is moving in the descending parallel channel, and this is also a great opportunity to buy SOL at the bottom of the channel, so we have another confluence to buy SOL! This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately. I hope you guys will take this trade! Take care. For more ideas, hit "Like" and "Follow", right now!
Long
by UnknownUnicorn2537518
81
SOLBTC '2D' - Long Range Forecast of 50% Gains!Just checking out the state of SOL at the moment - with a recent further dip down after huge losses throughout November. Are we now going to see the price bounce back a bit to touch the downward trend line that has formed? Or could we possibly break upward through this trend line? It's quite a long range forecast lasting until mid-April so there will be plenty of smaller term trades to be made within this overall trend back to historical levels of support.
Long
by theCrypster
2
Is a corrective wave coming?SOL has registered 18% growth in the last 24 hours. Its price, which reacted positively in a very strong support range, has grown with the support of buyers up to the previous ceiling in the range of $13.85 to $14.90. The intensity of hitting this resistance is high, and there is a possibility of breaking this area and moving toward the resistance of $18.5-20.5. This resistance overlaps with the midline of the main descending channel and could send the price into a corrective wave. In the 4-hour time frame, we still do not see a definitive upward trend, and Solana's trend is upward only in the lower time frames. If the current resistance is accompanied by an initial reaction, the probability of the price entering a range below the resistance will be high. Among Solana's most important short-term supports, if the price enters a corrective wave, we can consider the range of 11 to 11.40 dollars.
by MonoCoinSignal
11
✳️ Solana Rebound vs Bitcoin | Very Easy 65% + More PossibleEverybody is looking at Solana now and that is good... Even though there is a shakeout happening on the major altcoins Solana is giving us a clear picture. While the USDT pair is being reviewed by everybody, we chose the BTC pairing as accumulating bitcoin at low prices is the wisest choice possible for any cryptocurrency trader. You can gain more bitcoins by buying altcoins with your BTC. Ok. Solana vs Bitcoin (SOLBTC). 29-December gave the reversal signal in the form of a Doji at a new low/support. This with an oversold RSI. The signal is confirmed once prices move above EMA10 (yesterday) on high volume (today). So we can consider this a real move. Things can always change and reverse... Of course, but these signals are good and strong. Very easy target for this bounce is set at 65%. There can be much more because Solana has gone through a very strong correction. The market moves in cycles... After going down, what follows is up. Thank you for reading. Feel free to Boost 🚀🤗😄👍 for more! Namaste.
Long
by AlanSantana
#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
BINANCE:SOLUSDShort
by Cryptorphic
11
In order to start trading, it must rise above HA-Low...Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (SOLBTC 1W chart) The price needs to stay above 0.0008 297 to gain strength. ------------------------------------- (SOLUSDT 1W chart) The question is whether it can break out of the downtrend channel and rise above 24.54-33.39. If not, there is a possibility of touching around 6.70, so you need to think about countermeasures against it. (1D chart) Trading is possible only when it rises above HA-Low and shows support. Therefore, it is necessary to check whether it can rise above 13.04. If not, I expect it to fall around 6.70. There is a significant volume proifle at 4.25, so it's good to see if volatility develops as you get closer to this point. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator includes indicators that indicate points of support and resistance. ** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor). ** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100). (Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.) ---------------------------------
by readCrypto
1
Solana Analyze (Short term, Timeframe 4H, 12/19/2022)!!!📱Solana was able to break the support zone by Breakout Candle. I expect that the pullback to the lost support zone is still ongoing, and after Solana's pullback, it will drop to the target I specified on the chart. Solana Analyze ( SOLUSDT ) Timeframe 4h⏰ (Log Scale). 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.
Short
by pejman_zwin
5
It is still a downward trend in all time frames!We have considered support in the past for Solana at $12.25-$12.75, and in this area if buyers find good support, we can see a positive swing from Solana for the coming weeks. For the short term, the resistance range of 14 to 14.2 dollars for Solana is the resistance that has prevented the upward trend in the 1-hour time frame, so Solana's trend is still downward in all time frames, and for the price to grow, it must be within the mentioned support range. Look for signs of reaction, or we should wait for the current resistance to break and the price to stabilize above this level.
by MonoCoinSignal
2
The point where you can get the power to rise is...hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (SOLBTC 1W chart) The key is whether it can rise above 0.0008 297 to gain momentum. -------------------------------------- (SOLUSDT 1M Chart) Whether it can rise above 38.79 is the key. (1W chart) The key question is whether it can rise above 24.54 and break out of the downtrend line. So, you need to make sure you can get support in the 24.54-38.79 interval. (1D chart) The key is whether it can be supported by rising above 13.04-14.32 and rising above 19.12. If not, you should be cautious as there is a possibility of a decline around 6.70. Importantly, the interest is in how to lead to breaking through the two trend lines that need to be broken upward. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator includes indicators that indicate points of support and resistance. ** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor). ** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100). (Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.) ---------------------------------
by readCrypto
Positive divergences of RSI!SOL had quite a range trend during the last week. The price is still on the support zone that has been temporarily broken. Last week, resistance in the range of $13.95 to $14.5 was considered for Solana, and there was no attempt by buyers to break this resistance. Therefore, if the market corrects and prices decrease, Solana will be one of the vulnerable currencies, which can break its support in the $12 range. In this case, we can expect the next target for sellers to be in the range of $8.7 to $8.13. The positive divergences detected in the 4-hour time frame by the RSI could be a sign of price growth, but buyers need to at least push the price back above the $14.5 range so that we can expect short-term upside for Solana. The resistances in the $17.7, $20, and $24 ranges could each be associated with a reaction, as the previous bearish wave was very strong. The closest support to the current price is in the $12.25-$12.50 range; if this level is broken, the decline could continue.
by MonoCoinSignal
4
The price trend in the daily time frame is still bearish!After the continued pressure of sales in the market, the price of Solana fell to $11, but the increase in demand and the entry of a good amount of capital into the market caused this level to be fake broken. Currently, Solana is trading on support in the range of 14 dollars. There is upside potential in the 4-hour timeframe. If it happens, we can expect further price growth after the pullback to the support levels in the $14 and $13 channels. Short-term targets for Solana are in the range of $16, $18, and $19.5. Considering the positive divergence identified for Solana in the 4-hour time frame, this price increase is possible up to the desired resistance levels. Also, with the Fibonacci retracement in the downtrend, the ranges of $17.7-$20 will be identified as serious short-term resistances, which can be profit-saving areas for short-term buyers. But if the power of buyers and their support continues after the price hits this resistance, we can expect the possibility of breaking this resistance and continuing to move up to the $24 resistance. Note that the price trend in the daily time frame is still bearish.
by MonoCoinSignal
5
Solana (SOL) - November 23Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (SOLBTC 1W chart) Whether it can rise above 0.0008 297 is the key. Receiving resistance at 0.0008 297 means that the uptrend is waning, so you should be careful with your trades. -------------------------------------- (SOLUSDT 1W chart) In order to turn into an uptrend, it must rise above the HA-Low and above the MS-Signal indicator. So, the question is whether it can rise above 32.87. In order to do that, it is important to be able to sustain the price by rising above 19.12. (1D chart) The key is whether it can rise above 14.32 and receive support. If not, it is expected to lead to further declines. Since the upward force is waning, when the price soars, it is judged that it is necessary to sell to preserve the profit and loss of the holdings. If the upside power is lacking, I don't expect it to rise above 19.12. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator includes indicators that indicate points of support and resistance. ** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor). ** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100). (Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.) ---------------------------------
by readCrypto
1