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Solusdtlong

SOLUSDTPERP - no activityThere are no active buys on the chart, so far the price is moving in a narrow range. The cryptocurrency is expected to continue its decline. "Traders are nervous about the value of SOL and the possibility of massive liquidations. SOL is a pledged asset that is likely to be liquidated as FTX/Alameda needs to raise cash. The entire Solana ecosystem has also been affected, affecting tokens created in the blockchain of the same name. In particular, the decentralized funding protocol Solend experienced a spike in liquidations, causing $3.5 million in debt on the platform. After the previous impulse movement the price of the instrument fell by 75%. For the given period of time we see the formation of the 9-18 range, we watch for the development of the situation. If you liked the idea, please like it. That's the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your your loved ones.
by Artem_Dishel
1
SOLANA - It's not as bad as it looks.After stopping the downtrend on the chart, there is a breakout with a breakout of the historical support level. In order for this breakout to be considered false, the price needs to return above support with bars of renewed buying on rising volumes. There are sales through the claymatic, to confirm the purchases you need a test of this buyer, which stands at 12-15. Observe. If you liked the idea, please like it. That's the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
by Artem_Dishel
6
$SOL TO $20 OR $40 NEXT?We have witnessed a huge dump in the price of $SOL after Alameda sold off their $SOL. This has certainly shaken the market. In my previous analysis (link is attached to this analysis) I explained my confluences as to why I am bullish on $SOL in this last Quarter of 2022. My bias remains unchanged since the dump was due to a firm selling off their $SOL to rescue their investment in $FTT . If you look at current $SOL analysis you will see that price has raided the major Sell-Side Liquidity. I can see no further reason for price to drop further from a Price Action point of view. In my opinion, this is the best time to accumulate $SOL on Spot market and low leverage trades. Use proper Risk Management. N.B: This is for Educational purposes and Not Financial Advice. With this said, Happy Trading Pals
Long
by Evaliste
#SOLUSDT #SOLONATrade setup: Following a bearish breakout from Ascending Triangle, price remains stuck in a Sideways Channel ($30-45). Swing trader could enter near $30 support and exit near $45 resistance zone. (set a price alert). Solana is experiencing strong adoption by NFT projects, which is driving solid growth in transaction volumes. Trend: Uptrend on Short-Term basis and Downtrend on Medium- and Long-Term basis. Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral). OBV (On Balance Volume): is flat, indicating that volume on Up days is equal to volume on Down days. Hence, demand from buyers and supply from sellers are in equilibrium Support and Resistance Nearest Support Zone is $30, then $25. The nearest Resistance Zone is $45, then $60.
by Cryptbergofficial
SOL/USDT 4 Hour Chart Possible Ascending Triangle In this idea I see a possbile ascending triangle forming. From what I can see this is a pretty bullish pattern being expressed and we will see if it plays out over the next couple days. Obviously Bitcoin will have to cooperate. The pattern preceding the ascending triangle is the reason for this chart idea as you can see I have no real touches on my lines which I have placed to illustrate what I see. I will update this idea with projections of the top of the this leg of the bullrun in the digital assets market. If you agree throw me a like and follow me for more unique concepts and ideas that keep you in the gains.
Long
by The_New_Disciple
6