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SOLUSD

Does $SOL Wanna Go To 2.618 Technical Target Again?! 🤔Hi guys, As you can see on the chart, I checked Solana's FIB Channel in the previous two bullish cycles, interestingly the final target in each cycle was at the 2.618 Fibonacci level. Also, the final high in each cycle was only slightly different from the measured FIB level. Based on this, I drew a FIB Channel for Solana's third bullish cycle, which shows a technical target of $496.27 at the Fibonacci level of 2.618. Obviously, to reach this target, CRYPTOCAP:SOL needs the help of CRYPTOCAP:BTC to continue the uptrend. Therefore, if Bitcoin's uptrend continues and CRYPTOCAP:BTC climbs above the $50,000 level, we can expect Solana's amazing uptrend to continue and not only repeat the previous ATH, but CRYPTOCAP:SOL will reach a new ATH. But if the uptrend of Bitcoin stops at the resistance level of $47,000 and CRYPTOCAP:BTC falls below $40,000, Solana's technical target will be invalidated at the Fibonacci level of 2.618 in the third cycle. Also, Solana's RSI is now at 89, which is close to Solana's ATH range at 97, which is a serious warning for users to save profits and avoid greed. Obviously this is not a financial advice & remember to do your own research. Please "Like" & "Follow" if you want to see more of these ideas. Wish you all a Merry Christmas 🌲🎅 Goodluck
by BJWiseReal
SOLANA SOL USDT Another Major Outage Means Hard To Trust SOL SOL was looking ok last week. I thought a nice run was going to play out but this recent news about the major outage that hit Solana a few days ago is showing that Solana has a lot of work to do before it can be used for any real world purpose. Solana has been plagued by outages this year, I think this is number 5 for major outages this year. At this point after doing more fundamental analysis on Solana, I believe Solana is extremely overvalued and being propped up artificially. I think that because of the outages and the problems it has that a revaluation is coming soon for Solana. I hat to say it also but Solana has also formed a major head and shoulders, and a measured move of the head and shoulders would be around $4 yikes. I think that $4 is all Solana is actually worth at the moment. Also another big deal is that SOL has been trading in this ascending broadening wedge pattern and has technically broken below the bottom support line. An ascending broadening wedge is a bearish chart pattern (said to be a reversal pattern). It is formed by two diverging bullish lines. An ascending broadening wedge is confirmed/valid if it has good oscillation between the two upward lines. The upper line is the resistance line; the lower line is the support line. If SOL fails to break back above and back into the broadening wedge then I think a swift move down is to follow. Be very cautious with this one, Ive seen many like Solana over the years and I feel like the hype is dying for this project and a major dump is coming from big bag holders. Once the selling starts itll be almost as fast as Luna. Once people realize how important it is for a project to have 100% uptime then Solana will be revalued to its true worth. Solana does not belong in the top 100 in my opinion let alone the top 10.
BINANCE:SOLUSDShort
by Bitgolder
11
SOLANA - 400% Gain!Solana has been pushing higher and higher since our Long setup September. We initially thought we'd push up 200% but when a move is this strong, why cut your profits early. Let it run! We are now up by over 400% and still climbing. Once we see price slowing down, we'll be looking to sell Solana. However for now, let's enjoy the ride! We'll be back with a Solana update once price shows signs of reversal. Hope you guys made some money out of this! Happy Holidays!
BINANCE:SOLUSD
by WicktatorFX
2
SOL (20231021In July this year, SOL experienced a round of increases, reaching a high point at 33.010. By using 33.010 and 12.680 as the high and low points for the Fibonacci retracement, it can be observed that SOL formed an inverse H&S at the 0.25 (17.763) level of the sequence, and it broke through the resistance at 25.244. Currently, attention can be focused on the price action around 28.00. - Targets: 33.010 38.093 - If SOL can successfully reach these targets, there is an opportunity for SOL to continue its upward trend. This decreases the probability of the large bear flag pattern mentioned in the previous article (). -
by noah_chen
SOLUSDT - SOLANA IdeaHey traders... In my opinion, if the price of Solana surpasses the daily resistance line at approximately $93.60, making a swift upward movement similar to the shadow in the 4-hour candle, it's likely to increase to the $100 range. After that, there might be a correction, possibly within the range of the channel's middle line. BINANCE:SOLUSDT COINBASE:SOLUSD ⚠️ Disclaimer: The viewpoints shared represent my individual outlook on the market, based on publicly accessible information and historical data. While a portion of these opinions is influenced by my actual trades, others are not. It's important to note that I am not a financial advisor, and I do not assume any responsibility for the decisions you make in your trading activities. ✅ Feel free to share your inquiries or suggestions in the comments. I am more than willing to assess and analyze any cryptocurrency, forex currency pair, or stock index that piques your interest, so, Please don't hesitate to ask or mention the specific currency chart you'd like me to review.
Long
by Arash-RK
#SOL/USDT Reacjed All Targets but I did this mistake!#Solana: Reflecting on a Regretful Trade 😔 I sold too early, around $42 – a common mistake when chasing market highs and lows. I've learned from past errors, especially in the last bull run, and won't repeat them. So, what's the best move? Hold onto your coins for the next 18 months. Skip the 4-hour and daily charts; focus on the weekly and monthly, zooming out for perspective. These upcoming 18 months could redefine your game. Choose the right path. If this resonates, repost and boost. Share your thoughts in the comments. #WAGMI  🚀 #SOL #solana #SolanaDeFi
Long
by Cryptorphic
1
[solana] is going to $1remember when i said i'd buy solana at $10, back when it was at $200+?* remember when i called out a solana buy at $8.08 last december?* if you do, then remember my words tonight: solana hits $1 in 2024. --- old: --- solana came up in 5 waves on a weekly timeframe, from 2020 into 2021. since then, it has been in a simple zig-zag, coming down in 3 waves, with an estimated downside target sitting at $1. this might seem highly improbable for a majority of the market at this time due to an enormous amount of greed, but this was all part of the og plan. now that a majority of the market has been placed strategically on one single side, a powerful strike will take place, to inflict the most painful of all inflictions. you've been warned. 👻
BINANCE:SOLUSD
by notoriousbids
33
[solana] by eloGood morning. After much contemplation, we have resolved to resume sharing public cryptocurrency posts, initiating an extensive series on the topic. @anthonysom and I will present a wide range of macro counts for the top 100 cryptocurrencies. Please note that Bitcoin and Ethereum projections will remain private. --- Solana ascended from $0.21, manifesting an ostensibly unblemished five-wave progression. Upon encountering resistance at $260.05, it plunged into another five-wave decline. Five waves down typically signal the commencement or culmination of a phase – in this instance, it marked the beginning. Remarkably, we were able to pinpoint the exact low, as our primary count received validation at this level. --- My hypothesis posits that Solana is undergoing a Simple Zig-Zag pattern for this macro corrective phase. Projected Wave B target: 90 Projected Wave C target: 2.50
CRYPTO:SOLUSD
by notoriousbids
2