SOLUSD
SOl stuck on the horizon? Elliott waveIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
Turned before taking out the pivot.
IF this is a ZZ down from 68.20
and it's not done, looking for some clarity markers for a sideways correction.
Got some pivots to break here first for confidence.
SOLANA - 250% Gain Done! ✅Solana played out perfectly. We managed to get an entry on the trendline break and had near enough 0 drawdown. Price moved up impulsively to complete subwave c of wave B.
We are now at an inflection point. We can make an extended subwave c move. Keeping a close eye on this to see how we react now and then we'll go from there.
Hope you guys managed to make some money off our Solana analysis! See previous analysis below:
SOLANA - Ready For A 200% Move! ✨In our last post on Solana, we identified that we were in a 535 zigzag pattern.
We have almost completed the midsection - awaiting one final move up to complete wave B.
Trade Idea:
- Watch for bullish reversal patterns on lower timeframe
- Safe entry on break of red trendline
- SL below price once red trendline breaks
- Target: 32.5, 50, 60
Goodluck and as always, trade safe!
#SOLANA #SOL Long-Term targets, until end of 2025#SOLANA #SOL Long-Term targets, until end of 2025
According to Elliott's wave count indicated on the chart, the rise from 2020 to 2021 took place during a five-wave, where either wave 1 is bigger than a five-wave or wave A is bigger than a three-wave.
Considering the possibilities ahead, we can estimate the possible goals of Link until the end of 2025 as follows:
TARGET1: 380$
TARGET2: 1100$
TARGTE3: 2150
TARGET4: 4200
ENTRY: 60-42$
STOPLOSS: 17$
Sol sideways or new degree? Elliott WaveIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
#SOL update.
Short since 63.72.
Would not mind 51.12 break,
for clarity’s sake.
Elliottwave degree wise.
Going to wait for an impulsive reaction before long, pending.
Got the direction correct, that's all you need, then TP appropriately.
C/3 setup laid out in thread.
Solana (SOL) coin completed setup for upto 27.50% pumpHey dear friends, hope you are well, and welcome to the new trade setup of Solana (SOL) coin with US Dollar pair.
Recently we caught almost 80% pump of SOL as below:
Now on a daily time frame, SOL has formed a bullish Gartley move for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
SOL DEX Adds 3 Billion in New Trading Opportunities - Time to GoSOL DEX (decentralized exchanges) has recently added a staggering 3 billion in new trading opportunities, and it's time for you to take advantage of this exciting opportunity!
Imagine the possibilities that lie ahead as Soldex and Raydium, the leading decentralized exchanges, expand their trading volume by billions. This remarkable achievement not only demonstrates the growing popularity of SOL but also signifies the immense potential and trust placed in this cryptocurrency.
Now, you might be wondering, "What does this mean for me?" Well, let me tell you - this is your chance to go long on SOL and ride the wave of success! With the addition of 3 billion in new trading, SOL is poised to experience substantial growth and present you with potentially lucrative trading opportunities.
Why should you consider going long on SOL? Here are a few compelling reasons:
1. Unprecedented Trading Volume: The addition of 3 billion in new trading opportunities has catapulted SOL to new heights, attracting a diverse range of traders and investors. This surge in trading activity presents an ideal environment for profit potential.
2. Strong Market Demand: SOL has been gaining significant attention and recognition within the crypto community due to its innovative technology, scalability, and robust ecosystem. As more traders flock to SOL DEX, the demand for SOL is expected to surge, which can drive up its value.
3. Future Growth Prospects: SOL's impressive track record and continued development make it a promising investment option. With its commitment to scalability, security, and efficiency, SOL is well-positioned to become a leading force in the crypto market.
So, what are you waiting for? Seize this opportunity to get in on the action and go long on SOL today! The momentum is building, and you don't want to miss out on potential gains.
Remember, success often favors those who act swiftly and decisively. Don't let this incredible chance pass you by! Take the leap and go long on SOL now.
Journey with Sol (EMA 20 > 50 & 100, and RSI balanced at 58Solana is then a shining star that has been catching the attention of experts and investors alike.
What makes Sol truly special? Let me paint you a picture: imagine a scenario where the Exponential Moving Average (EMA) 20 is soaring above both EMA 50 and EMA 100, indicating a bullish trend. Simultaneously, the Relative Strength Index (RSI) holds steady at a balanced 58, signaling a perfect equilibrium between buying and selling pressure. Now, doesn't that make your inner trader dance with joy?
Given these promising indicators, I wholeheartedly encourage you to consider getting on board with Sol. This gem has the potential to bring some serious sunshine to your portfolio. It's time to capitalize on this golden opportunity and embark on an exciting journey towards profitability.
So, don your shades and join the ranks of successful traders who have already aligned themselves with Sol. Take action today and seize the moment to go long on Sol, setting sail on a happy and prosperous trading adventure.
Remember, opportunities like this don't come around every day. Let Sol light up your trading path and help you achieve your financial goals. Don't wait! Start your sunny journey with Sol today!
Volatility Period: Around October 13thHello?
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(SOLUSDT chart)
The key is whether the price can be maintained by rising above 24.21.
If not, you should check for support around 14.45.
From a long-term perspective, the volume profile area is formed around 4.2525, so this area is a strong support area.
(1D chart)
If you look at the entire chart, you can see that the support and resistance points are not well formed.
Therefore, I think it is a coin (token) that can fluctuate sharply at any time.
The HA-High indicator is falling, showing a stepwise decline.
Accordingly, if the price cannot be maintained by rising above 22.63 quickly, it is expected to touch near the bottom of the rising channel.
Therefore, it is necessary to check whether there is support or resistance at any point or section between October 12th and 14th.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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SOLANA. BIG SHORT of SOLUSD
I am expecting a puncture of the annual triangle till white line, 41$ (approx)
Final target is red brick, around 2,5$.
Don't have an idea what will happen with Solana, but we know that there were some incidents.
Last year Solana hiked from 8$ to 32$ but i can't see growing interest.
I am seeing only many reports that whales are investing in it, made to confuse us.
Solana and a few steps down...It seems that Solana has decided to go up with the "head and shoulders pattern" and comes down with the same pattern.
A head and shoulders pattern is forming. If this pattern is formed and confirmed, the price will drop to around $52.50. Unless something extraordinary happens.
Of course, these few steps down are very necessary and good in my opinion. Moving with this momentum is very dangerous.
Anyway, I like Solana's moves. It moves very wildly.
*** In my opinion, after this "head and shoulders", we will probably have another "head and shoulders" on a larger scale...
Long Sol Strong Support As we can see the green line is still forming a big support every time the price hits it.
Also the Smart money concept is showing a POS to BUY, which is colored in green due to forming higher highs.
Also Lux Algo that depends on similarities of waves showing the price going back to 68 or higher on the 2,3,4 and 10 Hours time frames.
there is A reversal candle on the 10 hours time frame
Solana might be at riskIn evaluating the current state of Solana, it's important to acknowledge certain risks within the framework of the Elliott Wave Theory. Presently, there are uncertainties and volatility risks in Solana's price level and recent movements, based on market dynamics and potential wave patterns.
According to the Elliott Wave Theory, market cycles and wave structures often follow specific patterns, but identifying and interpreting these patterns can be complex. Particularly, complex corrective waves and anticipated price movements can carry specific risks for investors. Therefore, it is crucial to exercise caution regarding Solana's current market position and its future movements, while effectively employing risk management strategies.
It's always advisable to conduct comprehensive market analysis before making any investment decisions and consider your personal financial situation and risk tolerance. This is equally applicable when utilizing analyses based on the Elliott Wave Theory.
Based on my analysis of the Solana coin, the rise observed since the beginning of the year does not constitute an impulsive wave. Instead, it appears to be a complex correction in the form of a double zigzag. Currently, Solana is testing a channel resistance at around $68. According to Elliott Wave theory, this level could prompt a correction, initiating the B wave of the second zigzag.
This corrective phase might see Solana's price retracting to the range of approximately $28 to $35. This prediction is based on the Elliott Wave principle, which suggests that following the completion of an A wave in a zigzag, a B wave typically retraces a significant portion of the initial wave. Given the current market dynamics and wave patterns observed, this retracement seems to be a likely scenario.
I have shared this analysis on TradingView.com, highlighting the expected trajectory and potential retracement levels for Solana in the coming period, based on the Elliott Wave framework.
SOL Elliott Wave Continuation counts. If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
#SOL DOOM count! 👻
But first, some continuation patterns to keep an eye on.
Last time it just rocketed up,
Shorters beware.
There are some possible down counts shorter term.
$48 break and $40 would be in sights.
Mooner...😏...or Doomer?🤔
Doomer count elsewhere.
SOLUSDTSOLUSDT
The coin began to grow well from the end of September and is now trading in the green channel, which began to form in April 2021. There are quite large volumes in the channel itself. This creates some problems for the buyer, because it is very difficult to break through such volumes quickly. Perhaps we will remain in this green range for a long time. For further growth, you need to break through the channel resistance and gain a foothold higher.
In this case, we will consider the goals:
1 - 56.53
2 - 67.36
3 - 77.4
There are almost no volumes up to the level of the last target. In case of growth, do not forget that the higher the goal, the more dangerous it is. Don’t be greedy and fix parts of your profits on time, so that a sharp drop doesn’t eat up your entire profit.
Don't forget to show your support by like(rocket) and comment✅
Also you can ask for only 1 altcoins analysis and i will try to do my best to cover as much as i can✍️
Bitxer's SOL/USDT Analysis - Spot On🌟 Bitxer's SOL/USDT Analysis - Spot On! 💥📊
🎯 Analysis Validation:
SOL/USDT's recent movement aligns perfectly with Bitxer's analysis.
As anticipated, SOL/USDT hit the projected mark at 66.52.
🔍 Accuracy at Its Finest:
Bitxer's insights continue to deliver 100% accurate predictions.
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SOLUSD: Thoughts and Analysis Today's focus: SOLUSD
Pattern – Failed high and HL.
Support – 51.71
Resistance – 57.70 - 58.20 - 59.00
Hi, and thanks for checking out today's update. Today, we are looking at SOLUSD on the daily chart.
Today's video asks if SOLUSD will continue its run or if it could see further selling enter the market. Buyers continue to push in today's session but continue to be met with decent selling from 57.70 and above up to $61.
There's also an interesting price set-up we have run over, as it looks a lot like the current price action we are seeing at the moment, and the last time this occurred, we saw a solid run-up.
Good trading.
SOL beginning to set? Elliott WaveIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
Getting a deeper retrace, which will hopefully lead to some #Elliottwave clarity of count degree wise.
Some areas I am looking for a reaction at.
Below $40, sus for this count.