SOLUSDT are you rdy ? 🧨😉Well, well, well.
We want to do Solana analysis together.
Solana will first have a short trend from 19 dollars and 90 cents. After we started the downward trend from 19 dollars and 90 and a half cents, our target price for shorts is 16 dollars and 20 cents.
Well, after our trend took the shorts and reached our desired target, the upward trend of Solana will start from this price. So, for the long trend, from 16 dollars and 20 cents, our target will be 38 dollars and 17 cents. This was Solana's analysis.
Solusdtlong
Solana - SOLUSDT Bullish Cycle NextHi Traders, Investors and Speculators of Charts📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year 🏫
Solana / SOLUSDT has some great upside potential from this point, and SOL is no stranger to parabolic upside movements.
With the help of two technical indicators ( Bollinger Bands & CryptoCheck START V3.5 ) we can confirm the conclusion made from the analysis of the chart's macro perspective : we are currently trading in range-bound accumulation phase. It's not ideal to trade in zones between support zone and resistance zone since this is an strictive place for stop hunt algos to trade.
Even thought the price may continue to trade range bound for a period of time, the next big market cycle is clearly the bullish phase.
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CryptoCheck
CRYPTOCAP:SOL BINANCE:SOLUSDT COINBASE:SOLUSD BINANCE:SOLUSDT.P BINANCE:SOLUSD KUCOIN:SOLUSDT BINANCE:SOLBTC BINANCEUS:SOLUSD OKX:SOLUSDT.P FX:SOLUSD
SOL/USDT Price Action Analysis 1HHello Traders, Here's my price action analysis on SOL/USDT.P (Binance) in 1 Hour time frame. We broke the downtrend structure mentioned as MSBs ( Market Structure Break ) and Change of characters are also mentioned in charts. Right now we are retracing golden pocket of FIB.R after breaking the download and there's only 18% chances according to the data of 82 Trades that It will break the uptrend in first wave. Our first target is 1 Risk:Reward, and second target is previous swing highs. Don't forget to write your opinion in comment section and like the idea. Happy Trading!!!.
Solana (SOL) formed bullish Gartley for upto 25.50% pumpHey dear friends, hope you are well, and welcome to the new trade setup of Solana (SOL) coin with US Dollar pair.
Previously we caught almost 16% pump of SOL agains Bitcoin as below:
Now on a daily time frame, SOL has formed a bullish Gartley pattern for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
sol 4hr TF uptrend siganal insideHELLO friends
to day i find sol uptrend based on the demand zone reversal
trend line support break out and stop loss hunting
then reversal to the again trendline resistance
if possible to go to the downside based on bitcoin
my analysis basedon the trend line chart pattren and support and resstance
supply and demand zone
if i am wrong please suggest your valuble comment it will be help full for my trading journy
thanks .......................
SOLUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
Nothing has changed from my last idea, everything according plan.
We start to grow like i expected.
Entry: We're in pos from 17.3(look at related idea)
Targets: 30 - 40 and maybe 50 (not sure)
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
Sol Looks Promising Here Solana has recently broken out of a descending channel, and this breakout has already been confirmed. Currently, the price is in the process of retesting the breakout level. If this retest is successful, it could potentially lead to massive gains for traders who are long on $SOL.
A successful retest would mean that the price of Sol holds above the previous resistance level, indicating that the previous resistance has now become a new support level. This would be a bullish sign and could attract more buyers to the market.
If Solusdt manages to hold above the breakout level, it could potentially move towards 45$
Traders should keep an eye on the price action near the breakout level to determine if the retest is successful. It is important to note that a failed retest could lead to a drop in price, so traders should always have a stop loss in place to manage their risk.
Still Long SolanaEveryone who was going to sell is out, - 90% off ATH. This thing is established and will be a big player in whatever stupid NFT video game whatever tokens start gaining traction. As you can see after the wedge break it hasnt moved, its flat lined. This is bottom or close. Not advise.
Solana ($SOL) - Sleeping Giant | VatsikEvening Folks,
Here I provide some context around my analysis on Solana and I predominantly focus on specific technical criteria, I am a structural price action trader.
I think retail is sleeping on this giant - letting it drift away from portfolios via the uncertainty of its future, similar to that of Ethereum in 2019. This is fair, as an investor, to be wary of.
Will it recover, is the narrative of NFT's over, is FTX the collapse of Solana?
Time will tell, but from a purely objective and technical standpoint, I will let the chart speak for itself before making my ultimate decision.
Boiling it down - consolidation under resistance = bullish pressure and supply pinching -> asset appreciates in value (price).
We had bearish consolidation in Q4 of 2022 and lost support (see chart). Now? We are seeing bullish consolidation below resistance and about to lose 28 dollar area resistance imo - a major high time frame area of interest, much like 6k shelf on Bitcoin last bear market. Reclaiming this critical level is essential and powerful.
Solana is ranging within a downward sloping channel with shallow corrections, above a major market structure break (msb) at 15.5 dollars that has already been tested.
Hold the local 20 dollar support and origin of current leg breakout, hold the downward sloping channel's low, and of course hold my directional control point (DCP) at 15.5 (bears fully back in control below my DCP level) then price has no where to go but UP. Anything in the green zone, above my DCP, is bullish as bulls are in control. Higher lows on a trending asset = bullish.
Breaking red to the upside, on high time frame resistance, with multiple candle closes (Daily or H12) and we will push to the lower quarter range (QR) in the prior range we traded in mid-late 2022.
Channels don't disappear if they or broken, they tend to come back later, once price enters them again. They always exist and price likes to trade at them (up/down) - imagine your favourite spot to grab lunch, you likely frequent this location often and in turn have good and bad experiences there.
Eventually the macro range EQ and upper 50th percentile (higher QR and RH) will be tested, believe this.
If Solana survives this market and pulls out ahead, we will see new all time highs imo.
Again, while we sleep on it, it is making moves and following the above criteria, fundamentals aside, price will release with expansion on a supply pinch from initial and re-accumulation.
This range it is attempting to reclaim is only the beginning, until the real supply pinch occurs from the re-accumulation we are witnessing in front of our eyes right now.
Choose your side, I know mine.
Manage your risk and DYO! NFA
Vatsik
SOLUSDT to head up for weekly resistance around 26.10SOLUSDT is showing strength. The price is trading still significantly below the weekly resistance which is around 26.10 as marked on the chart with blue horizontal line. It is likely that the price will target for this level. Looking at the strength, a long seems favorable.
Solana offers us to get up to 22% profit from a single trade!Hello everyone! Today, Solana offers us the opportunity to gain up to 22% profit from a single trade.
As you can see on the chart, a symmetrical triangle pattern has formed, and after a sharp impulse due to the rise of Bitcoin, the asset has approached the strong Fibonacci level of 0.382.
It is possible to enter the position from this level, while also expecting a small correction of +- to the middle of the daily candle from the Fibonacci level of 0.382.
Take profit around the Fibonacci level of 0.618, which would result in approximately 22-23% profit.
This is not a financial recommendation, and everything you do is done at your own risk.
SOLUSDT on daily support, likely to head upThe price broke below the daily support but has reclaimed it back. It aimed towards the daily resistance but remained a bit short of reaching that and fell back again to the daily support. This has presented another opportunity for the long side. The probability I would say is in favor of long right now as the price is trading around support.