Solusdtidea
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.
wave v of (iii) was completed,
im waiting for decreasing in wave of (iv) and continuation of growth.
Entry zone: 120 - 90
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
DYOR!
SOLUSDT: Price is likely to continue to rise! SOLUSDT: Our previous analysis of SOLUSDT was conducted when the price was at $20. Given the current bullish sentiment in the cryptocurrency market, we believe that the price will continue to rise. Our revised target range is $240 to $300. However, due to the low trading volume during the Easter holidays, we recommend waiting for the market to return to normal volume before executing any trades. Please note that this analysis is specific to SOLUSDT and should not be compared to our previous analysis of BTCUSD, as the market dynamics and biases are different.
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.
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 Bullish Scenario EW & Wyckoff AccumulationI think this is the best case scenario for Solana right now on a larger time frame. It's worth noting that I'm not totally confident that it's going to play out this way, however it's worth noting these levels anyway because they will be significant eventually regardless
Check out my other posts for all of the potential scenarios I could see playing out
SOL BUY Setup SMC or SRMHey guys,
In this position we'll BUY SOLUSDT on 93.88$, TPs is liquidity levels that shown with $$$, and $$$$. My good TPs are 105.80$, and 106.49$ with R/R above 11 and 12 :)
SL that shown on chart.
Follow me and be update and relax.
One Setup for All of your Life \(^*^)/
just for laugh! Please be careful and rely on your investment money management plan.
My suggestion is 2-5% of your balance.
SOLUSDT FOR THE WEEKIf no anomaly occurs and bullish sentiment along with constant new developments on Solana chain continues, this current idea should stand, and will be my entries
Entry 1:98.4 - long (After break above 4hour retracement high.
Anticipate price to finally break the daily resistance. However, will secure partial profits at the resistance, and let runners run to 108 (wick high)
Entry 2: Will enter a sell position to scalp the retracement down to 102, where I'm expecting support to form between 98-102.
Entry 3: Will be placing a long entry after securing some profits on the retracement trade.
This time, anywhere within the 90's zone is a guranteed profit, I will look for a nice price action before entering, most probably 50% position size at 30x leverage, with TP at 123 and SL at 98.
SOLUSDT - THE CORRECTION IS IMMINENT (TARGET $64)As Bitcoin has announced its breakout, it is clear to me that the general crypto market correction is happening. Solana will not be exempt. Here is my analysis:
What is on the chart? (follow the steps)
1) A daily FVG that serves as a support zone.
2) The descending trendline that is the main driver of this bearish analysis since it pushed price to form a daily descending triangle (employing the retail lingo so that everyone can understand).
3) Price wicking multiple times in the daily FVG confirming that it is indeed a 'support zone'.
4) A false breakout. This is the strongest short signal of the chart since it demonstrates how bulls failed to break the structure and pursue the rally.
5) A short structure setup which here just serves as a confirmation (I didn't personally enter there as I was waiting for BTC).
6) The imminent breakout that should be ruthless. These kind of corrections can make or break people. So I expect it to at least take out the $64 sellside level.
NOTE: Don't let it go to your head. If you are over exposed, just minimize your risk and take a break from the markets. You control your investments not the other way around.
As always, enjoy the rest of your day and happy trading!! ;)
📈💰 SOL/USDT: $150 Target! 🎯🚀🌱🔮 January: The Month for SOL! 🌙🌟
🔥💰 February: BNB Takes the Spotlight! 💥💥
🤑💡 Hey there, crypto enthusiasts! Buckle up because things are about to get exciting! 🚀 We've got some great news to share! 📢💫
📈💸 SOL/USDT is gaining serious momentum, and we predict it's heading straight for the $150 mark! 📈🎯🤑 This fantastic cryptocurrency pair is gaining popularity, and it's showing all the signs of a lucrative investment opportunity! 📈💰💎
✅ But remember, we're not financial advisors! 🙅♂️⚠️ So, always do your thorough research and make informed decisions. Your financial journey is unique, and it's crucial to take charge of your investments. 🧐📚
⚡️💫 That being said, January is expected to be an exciting month for SOL! 🌱🌙 The cryptocurrency's growth potential is attracting a wider investor base, and market trends indicate an upward trajectory! 📈🚀 Get ready for some major gains! 💥📈💸
✨🚀 February, on the other hand, will be all about BNB's stellar rise! 💰🔥 This cryptocurrency has been making waves lately, with exciting developments and increased adoption. It's set to rock the crypto world! 🌟💸✨
⏳ So, time is ticking, and the opportunity to catch SOL/USDT at $150 is just around the corner! 🌅⌛️ Don't miss out on this potentially profitable ride! 📈🤑💰
SOLANA And the Full Picture ( More informative chart )Hi Everyone;
today we have one of the best risk to reward Investment opportunity
it is more than 1000 times the risk and the chart is look very promising.
I expect breaking the previous bear market key point will clear the way to the final target
Note: this not the right time to jump on the project, I am just showing the full picture for Solana for the current market Cycle (where it was and where it going)
good luck everyone.