SOLANA!!!! Future OutlookSOLANA is showing signs of reversal with bearish weekly divergence. It already has made a cup pattern with potential downside is possible for completing the handle. Potential downside target based on fib level is between 82$ to 65$ at 50% to 60% respectively.
*******Trade Plan******
Take Entry @ Daily TF as soon as HL broke
Stop Loss @ Top
Take Profit 1 @ Fib 50%
Take Profit 2 @ Fib 60%
What do you think, will it create cup & handle?
Solusdt
🚧SOL is Bullish now🚧 & many Traders don't see it 👀!!!Hi.
COINEX:LTCUSDT
😊Today, I want to analyze SOLUSDT for you in a Weekly time frame so that we can have a Mid-term view of SOLUSDT regarding the technical analysis. (Please ✌️ respectfully ✌️share if you have a different opinion from me or other analysts).
SOL has Created a Large Rounded Bottom. This Means The Price Can Increase as Much as the Length Between The Top and The Bottom Of the Rounded Bottom. Since the rounded bottom is Not broken. The price can have a good rally after the breakout.
✅ Due to the Ascending structure of the chart...
- High potential areas are clear in the chart.
- Rounded Bottom
- AB=CD
Stay awesome my friends.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
DOGWIFHAT $WIF - Potential for a massive 10x move!Dear Traders,
I was away for a while, this mainly due to holidays, but i have also started to investigate the haul around these trashtokens in the solana ecosystem.
I was shocked and surprised that how much the history repeats itself. Do you guys remember the ERC-20 trash token months back in 2021 ? Yes, the similar happening nowadays.
People are getting rich and more people poor by purchasing and trading these coins. But however there is a road here also which can be followed fairly safe.
DOG WIF HAT! , this is what i am just showing to you guys. I don't want to give to much for the TA this time, morely want you to focus on the market and the power of communities here and there.
Currently WIF are traded in 0,2$. Twitter page have more than 20k followerts in just a few weeks. Crypto.com already announced the listing of it. Others are waiting now, but there is a massive chance that this will be the newest memecoin whihc will gain massive popularity.
It is still very early now to buy in. I am expecting the price will reach 1$ very fast, and then probably its peak will be at 2$. It highly depends on will it be listed on binance and other major exchange or not.
Why would be good for exchanges to list WIF to their platform? VOLUME! Exactly, trade volume, they earn money by hjaving more and more people trading there. and if there is something which gained this much popularity, it is only patience what we need, because almost 100% that it will be listed.
Lastly, the problem here that there is no clear and valuable meaning behind this token, that is true. But please ask yourself, how much cryptocurrency literally have no meaningful existence by the term of technology nowadays, but we still trade it ? :) We trade what is tradeable where there is volume. Imagine dogecoin, shib, bonk, BITCOIN is also useless with its't technology nowadays, the only thing that keep its price up is it's prestige..
Let's talk, discuss what you think about this solana trashcoin haul and especially this cutie, the Dog Wif Hat . :)
Best of luck and don't forget, this is not a financial advise and i will never share any kind of such thing.
SOL Solana Technical Analysis and Trade IdeaSolana (SOL) demonstrates a robust bullish trend, recently surpassing previous highs and clearing liquidity above a prior monthly high. A potential retracement to the 61.8 Fibonacci level could present a buying opportunity. Our targets are aligned with previous monthly highs, as illustrated in the video.
Disclaimer: This analysis offers a technical viewpoint and does not constitute direct financial advice. Trading in cryptocurrencies carries inherent risk. Always consult a qualified financial professional and carefully evaluate your individual risk tolerance before making investment decisions.
Cryptolean Solana SOL Update Solana is consolidating in the narrow daily range between $144 and $147.
A daily candle closure above $147 will push Solana price towards $167 and higher.
An inability to sustain the price action above $144 will result in price declining towards $126.
Intraday Chart
The SOLUSD intraday (4-Hour) chart is teasing the key resistance zone of $149.
A bullish breakout of $149 resistance and a sustained price action above it in the 4-Hour chart will push #Solana price towards $168.
An inability to break through $149 could result in a bearish dip and a re-test of $130, the key intraday support.
I will be closely watching price action with this level, as a bullish rejection could offer a long opportunity.
SOL will follow BTC. A strong bearish rejection of $69,654-$73,422 in the BTCUSD daily chart will lead to the weakness of the whole #crypto market and Bitcoin Cash won't be an exception.
Like once read.
Thank you!
#SOL/USDT
#SOL
The price is moving in a downward channel and is expected to continue for some time
We have strong support at two areas where the entry can be distributed twice
The idea of correction is supported by the correction in alternative currencies during the current period
First level 60.00
Second level 42.00
With goals up to 160.00
🚧SOLUSDT is Bullish now🚧 & many Traders don't see it 👀!!!Hi every one
➡️SOL has done a Impressive Movement recently but the odds of another bullish Movement is Pretty high because the pattern which SOL is in, Is a Bullish flag Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens, we Can Expect a Bullish Movement as much as the Measured Price movement (Flag pole) to happen!
🟡Summery:
-BTC has been Bullish Recently!
-The odds of another Bullish Movement is High!
-Bullish Pennant is Visible on The chart!
-No break out yet!
🤑Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
SOLUSDT at weekly resistance right nowThe price has been in uptrend since end of 2022. It has not broken the high it had set in 2021 but it has covered a significant distance from its low in 2022 end and has come close to its all time high zone. However, the price is currently trading at a weekly resistance level WR1. The price did experience a pullback from that resistance zone but quickly backed up and now trading again in that resistance zone. Looking at the momentum, the possibility of the price to break this resistance cannot be ignored, however, a bit of caution is definitely warranted. The next resistance zone is WR2 which is also a monthly resistance zone sitting around 198-208. However, I believe there would be some struggle there but the price will eventually break that and move upward. The more significant resistance is the currently weekly resistance WR1. Let us see how it plays out.
Solana → an upward signalhello guys...
a Quasimodo pattern happened in the supply and demand zone so you can get a long position here.
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💻📞☎️ 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
SOL - Next target is ATH#SOL/USDT #Analysis
Description
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+ SOL is showing confirmed breakout from the resistance.
+ Next target for the SOL is its previous all time high
+ With this strong breakout, i'm expecting the price to continue the bull trend.
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VectorAlgo Trade Details
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Entry Price: 128.30
Stop Loss: 92.81
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Target 1: 147
Target 2: 175
Target 3: 218
Target 4: 263
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Timeframe:1D
Capital: 1-2% of trading capital
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
SOL proceed with caution but keep an eye on itAlthough SOL has had a lot of strength lately it's important to pay attention to the region we're in now. Based on the fib retracement from the last high to the lowest point we're approaching the 0.6 golden ratio retracement. This region being a zone of big resistance I'd watch to see how it reacts and look for this level to get flipped before going in. Following this targets are set as the orange dotted lines based on monthly key levels. Based on how price reacts to these levels if we pass the last high it's clear skies.
SOL has an x-factor which is its market of NFTs. Especially as meme coins and such are trending at the moment keep in mind this has boosted SOL's performance. Every time such digital products are transacted it's using SOL. This hype may not last so it's important to keep an eye on price but to keep emotions out of it.
SOL - Fuel Availability AssessmentAt this time it would be premature to draw definitive conclusions about the situation. We need to be patient and wait for the critical crossover point.
I am leaning towards reducing asset values and taking liquidity down from lower levels while addressing the "FVG" issue.
I intend to explore lower time frames (LTF) of 15 minutes to 1 hour to determine a suitable entry point. If an "OB" breakout occurs, I will switch to capitalize on the prevailing trend.
Conversely, if the bears show resilience and form a downward trajectory, I will position myself appropriately within the downtrend.