Solusdlong
SOLANA to move upDon't forget to click on the follow button for more daily detailed analysis. Also, should you have any questions please do ask them,
We are looking LONG on Solana. Entry taken on smaller TFS for a zoom into the market.
Trade safely amongst HVAs they can move fast. Smaller positions and TIGHT Risk management.
Exit is noted at the eclipse symbol for intraday gains.
Solana Short-term Trade 16.7% Reward to 5.1% Risk.Solana broke an ascending triangle and gave us a clear target and a clear stop loss. The reward to risk ratio for this trade is 3.28 with 16.7% potential gain to 5.1% potential loss. Enter, set your stop loss and let it ride. Don't forget to set alerts for when it goes up about halfway (about 7% up) so that you move your stop loss up.
SOLUSDT breakout & retest setup looks to target 260Structure break on LTF and now re-testing support. Maybe not yet the best timing as alts continue to be suppressed by BTC dominance and BTC not yet breaking out to new ATH but this looks like it's worth the risk if we're targeting 260 (measured target for a pennant breakout).
Solana (Sol) Update 03/11/21: Solana New ATH, Next Stop $531Solana (Sol) Update 03/11/21: Solana's New ATH @ $242, Next price target @ $531 at the 161.80% fibs (123% gain from the current price). Please see previous analysis below.
Our current price Targets for Solana from the current price:
127.20% Fibs at $269 (10% Gain)
161.80% Fibs at $336 (40% Gain)
261.80% Fibs at $531 (121% Gain)
423.60% Fibs at $846 (251% Gain)
Happy Trading :)
Solana (Sol) Update 20/09/21: Solana New ATH , the road to $309. Solana looks like one of those Alt-coins that will match BTC performance and may even outperform BTC in Q4 with an already explosive growth during the last 3 quarters. From here it is important to see SOL reacts to the ATH price price around $195 to $216. Since reaching a new ATH on the 9th September @ $216, Solana been struggling to regain enough momentum to break above the 78.60% since September 11th when Sol retraced by of 40% from $190 to $115. Sol has been consolidating in the range between $168 and $138 range for over a month (36 days). From here we can expect a break above the 78.60% and a retest of the ATH at $216.
Our current price Targets for Solana from the current price:
127.20% Fibs at $257 (50% Gain)
161.80% Fibs at $309 (78% Gain)
261.80% Fibs at $459 (166% Gain)
423.60% Fibs at $702 (305% Gain)
Please see previous analysis below. Happy Trading :)
9/09/21:
Just over six days ago Solana was just 5% from the $150 price target forecasted at the beginning of the year. Within the last three days, Solana has gained over 49% in value, hitting our target at the 161.80% fibonacci level. From a quantitative, technical view It looks like Solana has topped. From here we can expect a small cool down period in the range between the 78.60% fibonacci level between $136-$121 before the next leg up on this parabolic run. Price target at the 161.80% fibonacci level @ $210 was met, the next target from here is at the 261.80% Fibonacci level (60% gain from current price level).
6/09/21:
Solana is now at a New ATH $154. The Solana Moonshot is clearly leading DeFi Summer. Three days ago Solana was just 5% from the $150 price target forecasted at the beginning of the year, It has grown over 10% since then. From here we can expect a small cool down period in the range between the 78.60% fibonacci level between $136-$121 before the next leg up on this parabolic run. Price target from here are at the 161.80% fibonacci level @ $210 (49% Gain from the current price level).
Solana Update 03/09/21: Moonshot leading DeFi Summer, Solana is currently 5% from the $150 price target forecasted at the beginning of the year. From here we can expect a small cool down period in the range between the 78.60% fibonacci level between $118-144 before the next leg up on this parabolic run. Price target from here are at the 161.80% fibonacci level @ $210 (49% Gain from the current price level). Please see previous analysis below. Happy Trading :)
We could see a $150 Solano very very soon, only 24% away from the 461.80% fibonacci extension . $150 Solano would mean If Solana had a market cap of $43.0B, 1 SOL would be worth $150.00. Since the buy signal triggered on the 3rd August with the 13EMA crossing up above the 50 SMA , Solano has grown over 400% in the past month. We forecasted a $150 EOY target for #Solano, it looks like we could reach this target Early September. Defi summer is happening and Solano, Luna, and Avax are all leading the way. We can expect similar growth moves in Polygon (Layer 2) over the next few months and We believe Solano is only just getting started here. Happy Trading :)
Key Info on Solano:
It is evident that one of the most focal dilemmas that the blockchain sphere faces is the issue of scalability and slow transaction times; Solana aims to fix this vital issue that needs to be remedied. Boasting 60,000 transactions per second, one of the fastest blockchains in the world and growing, Solana has the team, the community and the resources to propel blockchain into the mainstream sphere of influence. This is a new era for blockchain technology, an era of transaction times that rival mainstream and antiquated methods of transaction validation and processing. Solana will be a project and network that will accelerate the adoption of blockchain technology. This is just the beginning.
Solana (Sol) Update 03/11/21: Solana New ATH, Next Stop $531Solana (Sol) Update 03/11/21: Solana's New ATH @ $239, Next price target @ $531 at the 161.80% fibs (123% gain from the current price). Please see previous analysis below.
Our current price Targets for Solana from the current price:
127.20% Fibs at $269 (10% Gain)
161.80% Fibs at $336 (40% Gain)
261.80% Fibs at $531 (121% Gain)
423.60% Fibs at $846 (251% Gain)
Happy Trading :)
Solana (Sol) Update 20/09/21: Solana New ATH , the road to $309. Solana looks like one of those Alt-coins that will match BTC performance and may even outperform BTC in Q4 with an already explosive growth during the last 3 quarters. From here it is important to see SOL reacts to the ATH price price around $195 to $216. Since reaching a new ATH on the 9th September @ $216, Solana been struggling to regain enough momentum to break above the 78.60% since September 11th when Sol retraced by of 40% from $190 to $115. Sol has been consolidating in the range between $168 and $138 range for over a month (36 days). From here we can expect a break above the 78.60% and a retest of the ATH at $216.
Our current price Targets for Solana from the current price:
127.20% Fibs at $257 (50% Gain)
161.80% Fibs at $309 (78% Gain)
261.80% Fibs at $459 (166% Gain)
423.60% Fibs at $702 (305% Gain)
Please see previous analysis below. Happy Trading :)
9/09/21:
Just over six days ago Solana was just 5% from the $150 price target forecasted at the beginning of the year. Within the last three days, Solana has gained over 49% in value, hitting our target at the 161.80% fibonacci level. From a quantitative, technical view It looks like Solana has topped. From here we can expect a small cool down period in the range between the 78.60% fibonacci level between $136-$121 before the next leg up on this parabolic run. Price target at the 161.80% fibonacci level @ $210 was met, the next target from here is at the 261.80% Fibonacci level (60% gain from current price level).
6/09/21:
Solana is now at a New ATH $154. The Solana Moonshot is clearly leading DeFi Summer. Three days ago Solana was just 5% from the $150 price target forecasted at the beginning of the year, It has grown over 10% since then. From here we can expect a small cool down period in the range between the 78.60% fibonacci level between $136-$121 before the next leg up on this parabolic run. Price target from here are at the 161.80% fibonacci level @ $210 (49% Gain from the current price level).
Solana Update 03/09/21: Moonshot leading DeFi Summer, Solana is currently 5% from the $150 price target forecasted at the beginning of the year. From here we can expect a small cool down period in the range between the 78.60% fibonacci level between $118-144 before the next leg up on this parabolic run. Price target from here are at the 161.80% fibonacci level @ $210 (49% Gain from the current price level). Please see previous analysis below. Happy Trading :)
We could see a $150 Solano very very soon, only 24% away from the 461.80% fibonacci extension . $150 Solano would mean If Solana had a market cap of $43.0B, 1 SOL would be worth $150.00. Since the buy signal triggered on the 3rd August with the 13EMA crossing up above the 50 SMA , Solano has grown over 400% in the past month. We forecasted a $150 EOY target for #Solano, it looks like we could reach this target Early September. Defi summer is happening and Solano, Luna, and Avax are all leading the way. We can expect similar growth moves in Polygon (Layer 2) over the next few months and We believe Solano is only just getting started here. Happy Trading :)
Key Info on Solano:
It is evident that one of the most focal dilemmas that the blockchain sphere faces is the issue of scalability and slow transaction times; Solana aims to fix this vital issue that needs to be remedied. Boasting 60,000 transactions per second, one of the fastest blockchains in the world and growing, Solana has the team, the community and the resources to propel blockchain into the mainstream sphere of influence. This is a new era for blockchain technology, an era of transaction times that rival mainstream and antiquated methods of transaction validation and processing. Solana will be a project and network that will accelerate the adoption of blockchain technology. This is just the beginning.
SOLUSD - Possible long positionSOLUSD is reaching the support line of the AAD pattern. On the other hand, this touch is on the crossroads with the long term support line.
Possible risk entry for a successful long position.
Disclaimer: this is for educational purposes only. Any risk related to trading this pair is on you. Thanks.
SOLUSDT - Channel Breakout!SOLUSDT(4h Chart) Technical analysis
SOL/USDT(4h Chart) Currently trading at $137.4
Buy level :Above $141.5
Stop loss: Below $115
TP1: $153
TP2: $170
TP3: $190
TP4: $214
Max Leverage 2x
Always keep Stop loss
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
SOLUSD(SOLANA) only will took trade if Hi, nothing to explain more about solusd as you all know about solusdt and its progress in the last month
I will took trades only if it comes to my area and will risk my 50% portfolio on it otherwise i will wait
I am not eying on getting 5-10% gains
Like and comment
If your are new check my previous analysis if you like them then follow me for more
Solana facing a resistance* Past from the few days solana is in hype and trading in a high volume.
* Solana is in a clear bull run creating higher-highs and higher-lows with respecting the below trend-line as support and has a resistance around $117.
* If solana breaks the resistance we can see the continuation of the bull rally.