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SOLUSD

SOL/USDT 1DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this SOL/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Solana bulls pushed the token toward the 20.00 level on Monday, as markets geared up for a key week of U.S. economic data SOL/USD peaked at 19.95 to start the week, which comes following a low of 18.65 the day prior. This surge in price pushed solana to its strongest level since September 8 when the price was last above 20.00. Looking at the chart, the move comes as the 14-day relative strength index (RSI) rose above a key ceiling at the 49.00 mark. the 50.45 mark with the next visible ceiling at 53.00 In the event price strength rallies beyond this point, SOL will likely be tracking around 20.50. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
SOL/USDT 1DAY UPDATE !!hello, welcome to this SOL/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Solana (SOL) rose for a third consecutive day on Thursday, as the price moved closer to the coveted 20.00 mark. SOL/USD surged by as much as 5% in today’s session, hitting an intraday peak of 19.27 in the process. This move comes a day after the world’s ninth-largest cryptocurrency traded at a bottom of 17.96. Earlier gains in price have started to ease in the last few hours after the RSI closed in on a ceiling of 43.00. it is at a reading of 41.05, with the token marginally below today’s high, sitting at 18.84. Although 20.00 is still clearly the short-term target, it will likely take a significant amount of bullish momentum to get there. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
SOL price levels, support and resistanceSOL has bounced off of .618 golden buy zone back in January. And since then it has been establishing higher lows and higher highs. We could revisit to do a double bottom around $8-$9 levels but I do think we may have the $16-19 level as the buy zone and take off from here to go visit $40 range first. This is a weekly chart so this may take some time to play out. Perhaps in the next 4-6 months. Not a financial advice. I will be adding to my SOL bag below $19 preferably at 16.9-$17 levels.
BINANCE:SOLUSD
by CryptoBreakers
SOL SOlana Price Target after Court approves FTX LiquidationGiven the recent developments in the crypto space, there are several factors that point towards a bearish outlook: FTX Liquidation of $3.4 Billion in Crypto Assets: The approval by the Delaware Bankruptcy Court for FTX to liquidate $3.4 billion in crypto assets is a significant event. This influx of a substantial amount of cryptocurrency into the market could potentially lead to an oversupply situation. When a large amount of assets is dumped into the market at once, it can put downward pressure on prices. Limited Sales in the First Week: The imposed limit of $50 million for the first week indicates a controlled release of these assets. This may imply that FTX anticipates potential market disruption if a large volume is sold at once. However, even with controlled release, the market could still experience downward pressure. Potential for Increased Limits: The provision for increasing the limit with the approval of the creditors’ committee and ad hoc committee, or potentially even up to $200 million weekly with court approval, shows that there's room for further selling pressure in the coming weeks. Binance US CEO Resignation: The resignation of Binance US President and CEO, Brian Shroder, could potentially signal internal challenges within the exchange. Leadership changes in major crypto exchanges can lead to uncertainty and can impact market sentiment. Asset List: The assets listed for liquidation include some of the major cryptocurrencies in the market such as Bitcoin, Ethereum, WBTC, WETH, USDT, SOL, XRP, STG, APT, BIT, DOGE, MATIC, FTT, TON and more. If a significant portion of these assets are sold off, it could have a widespread impact on the market. Market Sentiment and Confidence: These events combined might lead to a loss of confidence in the crypto market, especially if investors perceive them as signs of instability or potential oversupply. Regulatory Considerations: The fact that a bankruptcy court is involved in this process highlights the regulatory environment surrounding cryptocurrencies. Heightened regulatory scrutiny or intervention can have a dampening effect on the market. Considering the above, my Price Target for SOL Solana is $14.30. Looking forward to read your opinion about it.
Short
by TopgOptions
3
SOL/USDT 1DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this SOL/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Solana (SOL) was also in the green during today’s session, as it rebounded from a recent multi-month low. SOL/USD peaked at 18.66 on Tuesday, which comes a day after the token bottomed out at 17.46. Monday’s low saw solana fall to its lowest point since June 30, when the price was at a low of 17.12. Earlier gains have somewhat faded, however, as bulls were unable to penetrate the ceiling at the 19.00 mark. This has led to traders opting to secure their profits, instead of keeping positions open at this point of uncertainty. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
Is SOL about to see a big sell-off? SOL has reached a critical support level at 17.763.() Despite a minor price recovery, the daily candlestick exhibits a notable long upper shadow, indicating the prevailing strength of the bearish trend. - Analyzing the four-hour chart, there is potential for the formation of a bottoming pattern, as seen here: It's advisable to closely monitor SOL's price behavior after it reaches the resistance 19.465~20.446. - Notably, recent information from September 10th this year reveals that as of August 31, 2023, FTX holds $34 billion in crypto assets, with SOL accounting for a substantial $11.6 billion share. If FTX decides to divest its SOL holdings, the market could experience significant turbulence. Prices may have the potential to descend to a lower support level around $15.985, or potentially break the trendline, giving rise to a bearish flag pattern. In such a scenario, attention should be directed to 12.680~13.160, as this constitutes the critical support zone for SOL. -
by noah_chen
1
Is there hope for SOL? Although the last article talked about SOL reaching its inverse H&S target, it hasn't smoothly reached the expected price of 27.00 after struggling to break through 25.244. - In the chart, you can see SOL had a big drop at 25.244 and broke support levels at 22.845~23.460 and 21.979. Keep an eye on 21.979 as a tough price level since SOL continued to drop after testing it multiple times. SOL has been on a step-by-step descent since its high point at 33.010. Stronger support levels around 15.985~17.763. - Check out the daily chart here: SOL still maintains a pattern of higher lows on the daily chart, but breaking through some resistance levels is key for an upward trend. -
by noah_chen
SOL to the 27-28USDcIn the current scenario, where SOL/USDT (Solana against USDT) is forming a "bull flag" pattern, there has been observed a positive price movement that suggests a potential increase to the range between 27 and 28 dollars per SOL. The bull flag pattern is typically seen as a continuation pattern within the existing trend, which in this case could be an ongoing upward movement in Solana's price. It is anticipated that the breakout from this bull flag pattern could lead to testing resistances at higher levels. This way, SOL could move towards the target range of 27 to 28 dollars per SOL. It's crucial to monitor whether this upward trend is supported by sufficient trading volume and investor interest. In the event that the ascending trendline is breached, and SOL/USDT falls below this level, there is a risk of another downward move. This could result in disrupting the current upward trend and initiating another corrective phase downward. Therefore, it's important to keep an eye on price levels, trading volume, and technical indicators that might indicate the strength or weakness of the market movement.
CRYPTO:SOLUSDLong
by Bitcoinblockchainonline
it's time to going down forbefore buying, please check for being sure about your opinion about this CRYPTOCURRENCY!!! (in every target you want closed the position but our target is the third one) be rich... and doing and living in the best quality *-* (Guy's the entry place is importance things in enter in a position and be careful do not going up your leverage over 7x ,all things it's about risk management) ************************************************* if you want to enter in this position: Enter Price: 25.70 Target1: 24.05 Target2: 22.23 Target3(Final Target): 21.37 Stop loss: 27.42 *************************************************
Short
by MakingMoney444
4