SOLUSD
SOL Solana Technical Analysis and Trade IdeaSolana (SOL) demonstrates a robust bullish trend, recently surpassing previous highs and clearing liquidity above a prior monthly high. A potential retracement to the 61.8 Fibonacci level could present a buying opportunity. Our targets are aligned with previous monthly highs, as illustrated in the video.
Disclaimer: This analysis offers a technical viewpoint and does not constitute direct financial advice. Trading in cryptocurrencies carries inherent risk. Always consult a qualified financial professional and carefully evaluate your individual risk tolerance before making investment decisions.
Cryptolean Solana SOL Update Solana is consolidating in the narrow daily range between $144 and $147.
A daily candle closure above $147 will push Solana price towards $167 and higher.
An inability to sustain the price action above $144 will result in price declining towards $126.
Intraday Chart
The SOLUSD intraday (4-Hour) chart is teasing the key resistance zone of $149.
A bullish breakout of $149 resistance and a sustained price action above it in the 4-Hour chart will push #Solana price towards $168.
An inability to break through $149 could result in a bearish dip and a re-test of $130, the key intraday support.
I will be closely watching price action with this level, as a bullish rejection could offer a long opportunity.
SOL will follow BTC. A strong bearish rejection of $69,654-$73,422 in the BTCUSD daily chart will lead to the weakness of the whole #crypto market and Bitcoin Cash won't be an exception.
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#SOL/USDT
#SOL
The price is moving in a downward channel and is expected to continue for some time
We have strong support at two areas where the entry can be distributed twice
The idea of correction is supported by the correction in alternative currencies during the current period
First level 60.00
Second level 42.00
With goals up to 160.00
🚧SOLUSDT is Bullish now🚧 & many Traders don't see it 👀!!!Hi every one
➡️SOL has done a Impressive Movement recently but the odds of another bullish Movement is Pretty high because the pattern which SOL is in, Is a Bullish flag Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens, we Can Expect a Bullish Movement as much as the Measured Price movement (Flag pole) to happen!
🟡Summery:
-BTC has been Bullish Recently!
-The odds of another Bullish Movement is High!
-Bullish Pennant is Visible on The chart!
-No break out yet!
🤑Stay awesome my friends.
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
SOLUSDT at weekly resistance right nowThe price has been in uptrend since end of 2022. It has not broken the high it had set in 2021 but it has covered a significant distance from its low in 2022 end and has come close to its all time high zone. However, the price is currently trading at a weekly resistance level WR1. The price did experience a pullback from that resistance zone but quickly backed up and now trading again in that resistance zone. Looking at the momentum, the possibility of the price to break this resistance cannot be ignored, however, a bit of caution is definitely warranted. The next resistance zone is WR2 which is also a monthly resistance zone sitting around 198-208. However, I believe there would be some struggle there but the price will eventually break that and move upward. The more significant resistance is the currently weekly resistance WR1. Let us see how it plays out.
#NEON EVM to $10#Alts on #solana
Could still give nice returns
as we saw yesterday when I highlighted #PYTH
Will this giant cup & handle play out for NEON?
That would be close to 200X from it's all time low.
New entries could possibly give over a 5X
It's broken and retraced and seems to be ready to go on another run.
Solana → an upward signalhello guys...
a Quasimodo pattern happened in the supply and demand zone so you can get a long position here.
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SOLUSD Can $5000 become a reality??Solana is overbought on the 1D technical outlook (RSI = 75.694, MACD = 9.354, ADX = 24.946) and even more so on 1W (RSI = 84.892) but that doesn't seem to stop its remarkable uptrend as it broke over the R1 level (144.00) today and the only Resistance standing now is the ATH (261.50). The price action is so far quite similar to the very beginning of Sol's trading days and the CCI supports that.
Consequently, if the long term pattern is a Channel up, we can see a Bull Cycle up to early 2025 and peak near its top (TP = 5,000).
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SOL proceed with caution but keep an eye on itAlthough SOL has had a lot of strength lately it's important to pay attention to the region we're in now. Based on the fib retracement from the last high to the lowest point we're approaching the 0.6 golden ratio retracement. This region being a zone of big resistance I'd watch to see how it reacts and look for this level to get flipped before going in. Following this targets are set as the orange dotted lines based on monthly key levels. Based on how price reacts to these levels if we pass the last high it's clear skies.
SOL has an x-factor which is its market of NFTs. Especially as meme coins and such are trending at the moment keep in mind this has boosted SOL's performance. Every time such digital products are transacted it's using SOL. This hype may not last so it's important to keep an eye on price but to keep emotions out of it.
SOLUSDT| Potential ABC Correction Wave Wave Analysis - weekly timeframe with a possible ABC correction wave
> Target: Fibonacci retracement 61.8 - 78.6% +30% upside
> Entry: TFD Falling downtrend channel breakout
Key support: WMA20W - target correction zone
Indicator: RSI Week - overbought but still no signs of divergence
#SOL/USDT#SOL
On the 4-hour frame, we have a good bounce heading into the downtrend
We are about to touch the trend and correction slightly before completing the rise
This rise is supported by the breakout of the Moving Average 100
Entry price is 98.00
The first goal is 103.38
The second goal is 108.63
The third goal is 114.70
The fourth goal is 121.32
SOLANA Traders.....Have you ZOOMED OUT lately? SOLANA has switched from a Bull Channel to a Bear Channel.
We're now on the 7th day of this new bear channel.
RSI and MACD both declining since December 25th and Volume has been declining since Nov 1 2023.
If you found this interesting or helpful, click the rocket! --------->
SOLANA: Approach to important support areaHi everyone!
Solana's main trend is up in the long term. After completing the bullish structure in the $265 area, SOL triggered an important corrective structure which correctly reached the first support area around 8.50. That said, a consolidation is possible in short term but from a technical point of view, it should be interpreted as an opportunity to take a long position.
NB: Analysis shown is on a logarithmic scale. Trade with care....
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SOL trade in best zones📊Analysis by AhmadArz:
Entry in high & low levels
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Solana to the moon?Another in a series of ideas, I'm posting it so I don't forget about it, so if it keeps up we'll see a solana around 500 +? I think one day yes =D hold on and watch out if it wants to fall on our heads for the whole summer. Maybe we'll see saltwater around 10-+usd down the road, so maybe not