SOLUSDT Elliott Waves Analysis (Local Setup)Hello friends.
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Everything on the chart.
Entry: market and higher
Target: 20 - 17 and maybe even ~15.5
after first target reached move ur stop in breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
Solusdtanalysis
SOL - Buying StrategyBYBIT:SOLUSDT.P
4H time frame
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SOL retested 20.235 and broke resistance made of previous highs, an expected pullback will occur to retest 24.07~25.05
Bullish continuation is based on the valid support from 24.07~25.05.
So we open long there follow below strategy.
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Entry: 24.07~25.05
TP: 27.9, 29.3
SL: 23.725
SOLUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart. (update)
Entry: market and lower (12.5 - 9$)
Target: 15 - 20 and 25-27$ zone.
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
Bump and Run Reversal - BARR FormationOn the 6H a BARR formation (Bump & Run Reversal)
A sideways price action followed by a sharp drop which then sets course towards the Lead in line. When the price breaks the Lead-in line it is desirable to spot a re-test to make the RUN... Target red box around $18
it looks like a bounce on the previous support line was there in case of losing that support i be looking at the 2 blue boxes. The Elliot Wave is included in this and I assume we are in wave 4 yes these blue boxes also fall within the margin of the wave 4 fibs, and together with the support lines based on the swing points could therefore be a solution.
Then the following... which is the MA200 which coincides with the "old support line" see story above. and the lowest blue box currently coincides with the MA50.
Keep calm, do your own research, trade safe and manage your risk.
(Disclaimer: This is not financial advice)
SOLUSDT Elliott Waves Analysis (Local Setup)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: market and lower
Targets: 14.8 - 15.5 - ~16
after first target reached move ur stop in breakeven
Stop: 12.7 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to ~2.5
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
Trading opportunity for SOLUSDT SolanaBased on technical factors there is a Buy position in :
📊 SOLUSDT Solana
🔵 Buy Now 12.95
🧯 Stop loss 11.22
🏹 Target 1 15.44
🏹 Target 2 18.33
🏹 Target 3 38.20
💸RISK : 1%
We hope it is profitable for you ❤️
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SOLUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
We're in global buy zone(15-10), good entry point for long-midterm deals.
2 possible scenarios on the chart,
orange if we will forming impulse in wave (c).
Yellow if we forming ending diagonal .
I'm tend more towards the yellow marker, because the orange implies a sideways movement in the supposed wave (iv) of (c) for another month and a half, which is too long for me.
Entry: market and lower (13-9$)
Target: 20 - 25 - 30 - 35
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
Soon will be a strong movement of SOLANA SOL price, but where ?The downtrend on the SOLUSDT price chart lasts exactly one year
The maximum in November 2021 was $260, and the minimum in June 2022 was $26. Painful 10-fold depreciation of SOL in just a year
For the last 4 months, the SOLUSD price has been in a long consolidation in the liquidity zone as in 2021. The exit from consolidation will be impulsive, strong and with a large %% value.
Fixing the SOLUSDT price above $31 will most likely give a good upward movement to $59 and $79
Fixing the price below $26-26.5 may provoke a depreciation of SOLANA by another -50%.
The culmination is coming soon - wait for it and jump on the side of the stronger ones.
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SOL 1 cycle behind ETH theory mapped outSOL 1 cycle behind ETH theory mapped out
pretty self explanatory; i think there is a very good chance this plays out. ill be following this macro wise and playing it accordingly.
we could also be a bit further along and about to make that climb back up to the 100MA,, but i think stocks crash again so we prob aren't there yet. just running on feelings and macro fractals across the board right now.
if SOL gets down there ill be accumulating for the trip to $900-1000 SOL. with my galactic geckos in tow.
patience is the name of the game right now unless your scalping dips.
gl
SOLUSD in correction channel! SOLUSDTThe uptrend initially moved upward in a channel with a low and soft slope ( The white channel).
Then the price started to grow with a jump move in an ascending channel with a high slope (more than 70 degrees) (in the blue channel)
Now, in order to reach the balance and also to continue the uptrend, it should form a channel with an angle of about 40 degrees to 45 degrees, and for this reason, it has a correction and a short downtrend ( micro-channel), and then it continues to move upwards in the Red channel...
SOLUSD/ Solana vs Tether | SOLUSDT
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SOLUSDT ! Broke rising wedge pattern, looking very bearishHello traders 👋
On Aug 18, downtrend line broke rising wedge pattern. Therefore, it is more than likely downtrend line will continue. It confirms my trading analysis that I did on aug 9. After rising wedge pattern tests resistance line, it formed strong downward price movement. The sellers were waiting for the pattern to break the support line and they ordered sell orders which executed once orders had been confirmed. There were a lot of sell orders. As rise of DXY, it might not have a good impact on crypto market. Also to confirm there is a downtrend, 50 and 200 EMA curving downward.
SOLUSD is trading rising wedge. long or short ?SOLUSDT is moving rising wedge pattern.
On the chart, I marked the strong support zone 20.00. it is worth paying attention. we can see that the price is forming a squeeze to this zone.
The short-term target on the chart is the nearest support line 35.2 ~ 37.5 and the liquidity zone 48.50, the medium-term target is 54.07, the long term target is 77.30
SOL possible double top and dump incomingI see that SOL is going on an uptrend with a very clear diagonal support.. but at one point it going to break it and go down. Also the hacking of the old wallets that have been done a few days ago, at the begining of the month of august could make this drop happen faster then anticipated, september being in general in the past a bearish month for crypto. This are my targets for SOL for the next 1-2 months.. Good luck!
PS: Always use SL. SL is your friend!
SOLUSDT 12h Solana +35% growth in 6 days and this is not the endToday we will update info about our medium-term SOLUSDT trade.
After an 8-10 month downward trend, it is hard to believe in growth, but the fact is that in just 6 days the Sol price increased by 35%
The first strong resistance level of $50 is very close.
We assume that consolidation may begin below it before continuing the upward movement.
Therefore, it is worth making a decision based on what type of trade you practice, whether the profitability is sufficient for you, how large the size of the position is, etc.
At the moment, it seems logical to partially fix the profit on the long position of SOLUSD, before the levels of $50, $59 and $79
The growth pattern is relevant if, the nearest days, buyers do not allow the Solana token price to fall below $41.
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SOLUSDT 1D Buy and sales levels of Solana in the descriptionBefore you is the global chart of SOLUSDT
For more than 8 months, the downtrend in SOLANA price continues, and the last 2 months the SOLUSDT price is in the lower part of the trend channel.
However, it seems that there is interest in the SOLANA project and there are both large and small buyers.
Buyers did not allow the SOLUSD price to fall below the liquidity area of $20-40. It was there in 2021 buyers was taken the final big long position before the pamp at x10.
Targets for SOLUSDT price growth in the coming weeks:
1) $42.50
2) $60-61
3) $79-80
If you see that the SOL price is trying to stabilize below $30-31 , then place an order to buy at $23 . Of course, you have to buy SOL if you believe in the bright future of the SOLANA project and know how to use the SOL token in your deposit.
(By the way, you can share your thoughts and experiences in the comments)
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
#SOL Analysis : #SOL broke the downtrend resistance line and #SOL Analysis :
#SOL broke the downtrend resistance line and hits the major resistance level of $40.70 - $48.44. The zone is pretty huge and currently price reacted of the major resistance and price may continue to dump. so no buys right now, better wait for the opportunities.