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SOLUSD

SOL SOLANA SOLUSD Update Jan 25 2024Sharing Solana update here from TTR: I havent updated SOL since after I took nice profits on it. Here is a potential wave 2 setup down, which should bottom around April or May. It seems that ABC down is in play now, with A being in place on that 23rd Jan low, or it can be printed anytime now, not later than the end of the month or so. The B wave is expected to hit around the middle of Feb, and the C wave down into the Apr low - B wave target is 108-116 - C down should bottom at or below 68.50 I will update the bull targets when we are near the C wave low. Everyone should be making money on all of our crypto updates; just don’t use any leverage and options!!! As the timing is always an issue, the best way is to accumulate when the price is going down at support levels and hold for the rally to begin.
COINBASE:SOLUSDLong
by TheTradersRoom
SOL macro analysis 📌 2024/25 ♉ I think COINBASE:SOLUSD completed mark down phase 📍 ( wyckoff theory ) Present we are in accumulation zone 📌 🙄 #DYOR I have 2 scenario based on my technical analysis ⏰ #TA 👉 expecting no new low 🔅 making new high 📌 atleast return to previous top 🔝 👉 expecting new low 🔅 based on FTX and FUD news 🗞️ selling , no new High 📌 Solution :: 👉 I am using 60-70% liquid at 1st phase 📍 if above i got confirmation 🙂 remaining 40-30% I keep in correction 🤝 if not 🚫 making new low 🔅 I use that liquid 💰 there 📌 So making new low 🔅 atleast I book +500% ( 5X ) Not making new low 🔅 i will make more than +1000% ( 10x++ ) This is my planning based on chart 📉📈 make ur plans 🙌 Technical analysis is always risk management 📌 tool 🔥 not only predictor tools 📌 Buy -> Phase 1 📌 $10 - $15 Phase 2 📍 $2.5 - $5 Weekend candle close above $60 no new low 🔅 confirmation 😸 Then phase 2 📍 $40-48 ( not making new low buy at correction ) This is plan of accumulation on COINBASE:SOLUSD 🤝 and with confirmation 👌 zone 📌 Sell -> $244 - $600 ( distribution area ) 👉 clear target's provided time bull 2025 just follow article and boosting 🚀 If making new low 🔅 then bull target will be $48-50 ( exit but i will update that time ) 🤝 Anything else comment and give me private text 🙂 🤝 check ✅ my profile and follow article for future updates 🤝 When COINBASE:SOLUSD trade at $200 I said 2022 nov it will reach below $10 ( it was done ✅ ) 🤝 boosting 🚀 and following article is ur requirement and sharing with ur PPL 📌 is supporting 🔥 my responsibility is update 📌 at crucial movement i will do under this post 🤠 Be happy 😊 be safe 🙂 ( then don't get married 😉 )
Long
by raj5_7_5
4
SOL SOLANA Trade IdeaSOLANA has experienced recent downward pressure but is presently trading within a crucial support zone, as illustrated on the chart. In the event that the Dollar Index (DXY) sustains and strengthens its position, SOLANA might potentially move towards additional downside targets, given the typical inverse correlation between DXY and SOL. It is important to underscore that this analysis is offered solely for educational purposes and should not be interpreted as financial advice.
Short
by fxtraderanthony
8
SOLUSD Bearish chart patternCOINBASE:SOLUSD 📉 Solana Analysis: Descending Triangle Alert! 🚨💔 Hey Solana traders! 🌐📉 Ready for a deep dive into the charts? Let's unravel the current Solana scenario. 🕵️‍♂️💹 📉 Descending Triangle: 🐻 Brace yourselves – we're in a descending triangle, a bearish chart pattern signaling potential downward pressure. 📉🔻 🧐 Bollinger Band Indicator: Trending below the middle Bollinger Band, a bearish signal that could suggest further downside. 📊📉 🎯 Fibonacci Analysis: Fibonacci doesn't lie! A potential price target of $62 is on the radar, with rejections in the golden pocket indicating a crucial resistance zone. 🎯💰 📉 200-Day EMA: Eyes on the 200-Day Exponential Moving Average (EMA) – a key indicator that could influence the overall trend. 📉📈 🤔 What's Next?: As we navigate these chart patterns, share your thoughts! What's your take on Solana's potential moves? Let's discuss strategies and insights. 💬🚀 Remember, this isn't financial advice – just chart analysis in the crypto jungle. 🌐🔍 Comment below with your Solana predictions and let's trade smart! 🚀📈 #SolanaAnalysis #CryptoCharts
BINANCE:SOLUSDShort
by MasterChef23
2
SOLUSD - MY BEARISH SCENARIO (TARGET $67)I'd like to first mention that the downward breakout is only justified IF Bitcoin does the same. What do we see? (follow the steps) 1) The high that set the downtrend. 2) Price wicking in the daily FVG that will serve as our base ('support'). 3) A false breakout that is a major bearish signal, paired with the fact that BTC is in my opinion bearish too. 4) A short structure with a low taken out and retracement within a bearish FVG (in this case a 4H structure). 5) The expected dump where BTC does too. Hopefully you enjoyed this short analysis and I wish you a lovely day! Happy trading!! ;)
BINANCE:SOLUSDShort
by Lexi_Is_Trading
SOLANA ⇒ Still RUNNINGHello guys... as you can see at the first place btc touched the supple and demand zone and after that made a hidden QM pattern! at the same time, the price broke up the descending channel with full body candle! I believe the main target is at DP so I mean 116$ level! let's see what happens! ______________________ always do your research. If you have any questions, you can write them in the comments below, and I will answer them. And please don't forget to support this idea with your likes and comment
Long
by melikatrader94
16
Solana, another 100% pump in the next weeksSolana is very bullish. The uptrend is strong, and continuation to the upside is very likely because the ascending parallel channel holds the current price. I do not want to see a breakdown below this channel because that would be a very bearish sign on the other side. From the Elliott Wave perspective, we need to complete the impulse wave 12345. I am expecting a final wave (5) with a 100% profit in the next few days or weeks. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades! Solana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions. While the idea and initial work on the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation with headquarters in Geneva, Switzerland. To learn more about this project, check out our deep dive of Solana. The Solana protocol is designed to facilitate decentralized app (DApp) creation. It aims to improve scalability by introducing a proof-of-history (PoH) consensus combined with the underlying proof-of-stake (PoS) consensus of the blockchain. Because of the innovative hybrid consensus model, Solana enjoys interest from small-time traders and institutional traders alike. A significant focus for the Solana Foundation is to make decentralized finance accessible on a larger scale.
Long
by Xanrox
5
SOLUSD approaching 3 month trend support. Move likely soon.Solana is approaching the med-term trend line which is also at the point of a huge symmetrical wedge. Solana is going to make a BIG move soon. History says trend is your friend so if that holds true look for a test of the top of the channel. If it breaks through the top of the channel and resistance trendline and closes above on the daily, look for a big move higher, while testing the two previous recent highs. If the price breaks below the trend on the daily, look for the price test next support area down. #Solana #SOL #SOLUSD #SOLUSDT
CRYPTO:SOLUSD
by tradepsych