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Solusdtidea

SOL/USD: Unsteady Range After Recovery from Flash CrashHaving recovered some of its lost value following the flash crash SOL/USD suffered this past weekend when the digital asset fell to nearly 171.000 momentarily, Solana as of this writing is around the 190.200 level. Fast trading conditions need to be anticipated by speculators within SOL/USD as the broad cryptocurrency market continues to show signs of nervous trading. A short-term high of nearly 204.000 was achieved in yesterday’s trading. However, after hitting Tuesday’s high, which essentially matched the high made on Sunday following the flash crash on Saturday, SOL/USD has faced headwinds again. Solana has correlated with the broad cryptocurrency market the past month and, after reaching an all-time record price of nearly 260.000 on the 6th of November, SOL/USD has incrementally lost value while experiencing a rather choppy price realm. However, the technical trend has certainly proven bearish. The rather unsteady price range is now near rather important support and resistance which could prove to be significant regarding behavioral sentiment. SOL/USD may have to topple the 200.000 resistance level and sustain trading over this juncture for a solid duration – at least a few days – to warm the hearts of bullish traders who are cautious and want to pursue momentum-based trading positions. Importantly, too, is the current technical support level of 186.000 which is clearly within sight of the current SOL/USD price. If this support realm proves to be vulnerable it could set off a wave of nervous selling among some Solana speculators who may believe the values seen during the flash crash this past weekend was potentially an ominous sign of developments to come. While the broad cryptocurrency market has recovered from the spikes caused by widespread selling late Friday and through Saturday, the values of cryptocurrencies remains largely below their values being traded on the 4th of December, and this includes SOL/USD. Speculators should practice some caution within SOL/USD short term; if a trader wants to aim for potentially quick hitting trades by using nearby support and resistance levels this may prove the correct wager. Traders should use strict entry orders to safeguard their price fills in the current market. Bearish speculators who believe the current support level below may be a legitimate target near term may be making a worthwhile bet on SOL/USD. Solana Short-Term Outlook Current Resistance: 197.300 Current Support: 185.800 High Target: 219.900 Low Target: 169.400
COINBASE:SOLUSD
by SmoothJB
SOLUSDT AnalysisHello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! Everything on the chart. open pos: market and lower target: 300 - 350 - 400 after first target reached move ur stop to breakeven stop: ~183 (depending of ur risk). ALWAYS follow ur RM . risk/reward 1 to 4 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 your questions or suggestions.
Long
by trytofeelpositive
6
SOLUSDT , Like of this movement can be happen Hello everybody We come back powerful than before We have a such amazing news for everybody and we will publish it very soon According to our last analysis the price was exactly break the trendline and go up but not reach to our target because the condition of the market When we break the trendline we have a breakwave and the trend was back to downward and we need some pullback and then the target that shown on chart is on our way to touch , but the condition of btc is so important for the market We will analysis btc very soon for the condition of our way Previous analysis : Be patient and dont forget use stop loss and at first take signal then take position Good Luck Abtin
Short
by Abtin00
SOL 1D Waiting for the crypto to fall? But Solana can give X up!Two months ago, we made a global idea for SOLUSDT, where we warned that another upward impulse is possible, but it will look more like a convulsion than a strong growth. And so it happened ... And then the next part of the forecast worked out and the SOLUSD price fell by -67% Let's try this time to make a forecast similarly. The May fall stopped at $19, above the liquidity zone, which is a good sign. When the BTCUSDT price updated the low on June 22, the SOLUSDT price did not repeat this maneuver, that is, theoretically, there is a strong buyer who is ready to contain the fall with his resources, so that investors do not sell out in panic. The volumes to be bought out are decent, and, accordingly, large resources were used to curb the fall. And in order to compensate for the costs, it is necessary to further push the price up to and start a strong growth. Summing up: - If the buyer does not allow the SOLUSD price to fall below $26.50, then it is worth trying to go long, since a good rally may be organized ahead. The first target is above $79-89 , and even above $115-130 - You can start to panic only when the SOL price is pushed below $20 . After that, a real price can become $12-13 for the token of the Solana project _____________________ 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 :)
by P_S_trade
27