Solusdtlong
Solana- Great R:R trade for 300+ targetSince September's correction and 122 bottom, Solana has traded very constructively, putting in higher lows and higher highs on our chart.
Now the price is above the resistance given by the old ATH and we can expect further gains from this coin.
The target can be 300+ and only price back under 200 would negate this bullish scenario
Cup & Handle Daily. SOLANA🚀🚀Update! Update!!
Solana is bullish, more momentum to the upside imminent for new All Time High.
It earlier corrected almost 50%, formed higher lows consecutively
After new daily support , shown at previous resistance is holding strongly, from here it bounced to hit same resistance for the third time in a row.
This is now Cup and Handle pattern on the daily chart . When broken, first price target is $239 , and continue into " uncharted territory "
Previous idea on SOLANA linked below, It played out perfectly " exactly as predicted "; EAP !
Follow 🚶 @CryptonKidd for daily analysis
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💡Don't miss the great buy opportunity in SOLUSD @solanaTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (218.86).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. SOLUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 74.
Take Profits:
TP1= @ 236.00
TP2= @ 270.00
TP3= @ 280.00
TP4= @ 300.00
TP5= @ 320.00
SL= Break below S2
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💡Don't miss the great buy opportunity in SOLUSD @solanaTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (218.86).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. SOLUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 74.
Take Profits:
TP1= @ 236.00
TP2= @ 270.00
TP3= @ 280.00
TP4= @ 300.00
TP5= @ 320.00
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
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Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Solana - The Elliott Wave BlueprintThe monster that is Solana, anyone who is not already holding is looking for an entry right?
Hold fire it is long overdue an ABC correction which could see the price fall to lows of $65!! Yes $65, but not before hitting its current target in the $335 area
This correction will likely need to coincide with a large correction for #BTC #Bitcon before charging to heights of $500+ which it seems destined to reach
Giving us a potential x100 gain in a matter of months
SOLUSDT - Ready to Break ATH??SOLUSDT (12h Chart) Technical analysis
SOLUSDT (12h Chart) Currently trading at $203
Buy level :Above $200
Stop loss: Below $173
TP1: $230
TP2: $253
TP3: $275
TP4: $300
Max Leverage 2x
Always keep Stop loss
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I will be honest about SOLI'll be honest about SOL.
Yes, it has potential, but that double top I am seeing in the supply zone is not very nice to look at, which simply means: be prepared to consider this a top if the 217 levels stayed a supply zone.
now the good news: SOL retested and wicked down to the 0.786 level and bounced off from there.
Our golden ratio is still around the 145 levels and we have a major support at 123
I'm hoping to establish demand at the 177 area.
establishing demand is to basically retest 177 again or three times with significant volume to the upside, here's how you can ape in.
Anyhow, could be the calm before the storm.
I think altseason may be around the corner and if alt season is here, then SOL is not done yet.
AB = CD harmonic pattern |symmetrical triangle| W patternAB = CD harmonic pattern + symmetrical triangle market is breaking the resistance then it will create ATH or otherwise, double tops are also formed here.
The market seems bullish with a double bottom and W pattern.
Do your own analysis I am not responsible for any loss.
SOLUSD: Discounts to BuySOL continues to push aggressively into the previous highs.
Buying at an ATH is a big no for any investor.
We would like to see significant discounts in price before we load up our long term buy positions.
Once we clear the ATH, we will look for sells on a structural shift.
We will sell down until the perfect buy zone appears.
Solana (SOL) - why I'm being cautious with position size Start by saying I am Bullish on Solana, and we can see a repeating fractal and signs of strength with the inter-day breakouts. Though what I want to note is the relative weakness of volume with this recent move toward the inter-day breakout above previous high. I want to see some strong volumes in this move up and an trend of accumulation to back it up, as we have seen with the previous breaks marked on the chart. Rather we have seen a strong distribution sell off after last high and yet to see the volume trend keep pace with the price trend. We can see this in both the volume profile and the OBV.
The last significant sell off from ATH took us below support on the OBV and we have only just broken above.
This is not to say that Sol will not make some significant gains in the near future, and I am currently long on SOL, though I will be cautious with my position size. It is yet to fulfill my criteria with volume signatures to be a A trade
possible we might see some intraday weakness before strength, could speculate on a rejection from this range and possible cup and handle to confirm buyer support. All speculation - waiting for further confirmation
(Note: this post could plausible be written about BTC daily chart at ATH too. weekly is bullish, daily has some question marks)
SOLUSDT - Head and Shoulder Pattern!!SOLUSDT (4h Chart) Technical analysis
SOLUSDT (4h Chart) Currently trading at $173
Buy level :Above $169
Stop loss: Below $158
TP1: $178
TP2: $186
TP3: $195
TP4: $205
Max Leverage 3x
Always keep Stop loss
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SOL - TRADE SETUP SOLANA is forming a Bullish Bat Harmonics Pattern and the D leg will be completed at the 0.886 fibonacci level. Many indicators are also showing that this massive sell-off trend will reverse soon and this 0.886 area is by far the best area to place your orders.
Make sure to DCA when SOL goes below $140. Expecting a reversal soon especially with the completion of this bullish harmonics.
We all know about the amazing Fundamentals behind SOL and with amazing developments on SOL I do see SOL getting strength very soon.
So with SOL, the best Support Zone is between $130 - $135, buy / long SOL at those areas if you see them with confidence!
This TA is done on 4hr timeframe so it might take some time to touch the buyzone and hit the take profits so be patient.
Buy Zone: $130 - $135
Sell Zone: $144 - $200
I'll keep this chart updated.
SOL's Current Market Price: $140
Good Luck.
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SOLUSDT , Did you be with us for these profit ???Hello guys
Whats up ? congratulate to anyone for new ATH of Bitcoin
From our last analysis the 3rd target was reached and we are now ready for the 4th one , but before we are going toward the way for reach to 4th target we need pullback in our buy zone or near to it
Previous analysis :
Dont forget use stop loss and money management
Good Luck
Abtin
Solana technical analysis* Solana in 1D time frame forms a Symmetrical triangle
* Symmetrical triangle appears when the price consolidates between two trend-lines slightly sloping towards each other.
* Here the below Ascending trendline works as support for the price and the above Descending trendline as resistance
* If SOL breaks the above trendline we can see continuation of the trend.
Solana (Sol) Update 20/09/21: Solana New ATH, the road to $309 Solana (Sol) Update 20/09/21: Solana New ATH, the road to $309. Solana looks like one of those Alt-coins that will match BTC performance and may even outperform BTC in Q4 with an already explosive growth during the last 3 quarters. From here it is important to see SOL reacts to the ATH price price around $195 to $216. Since reaching a new ATH on the 9th September @ $216, Solana been struggling to regain enough momentum to break above the 78.60% since September 11th when Sol retraced by of 40% from $190 to $115. Sol has been consolidating in the range between $168 and $138 range for over a month (36 days). From here we can expect a break above the 78.60% and a retest of the ATH at $216.
Our current price Targets for Solana from the current price:
127.20% Fibs at $257 (50% Gain)
161.80% Fibs at $309 (78% Gain)
261.80% Fibs at $459 (166% Gain)
423.60% Fibs at $702 (305% Gain)
Please see previous analysis below. Happy Trading :)
9/09/21:
Just over six days ago Solana was just 5% from the $150 price target forecasted at the beginning of the year. Within the last three days, Solana has gained over 49% in value, hitting our target at the 161.80% fibonacci level. From a quantitative, technical view It looks like Solana has topped. From here we can expect a small cool down period in the range between the 78.60% fibonacci level between $136-$121 before the next leg up on this parabolic run. Price target at the 161.80% fibonacci level @ $210 was met, the next target from here is at the 261.80% Fibonacci level (60% gain from current price level).
6/09/21:
Solana is now at a New ATH $154. The Solana Moonshot is clearly leading DeFi Summer. Three days ago Solana was just 5% from the $150 price target forecasted at the beginning of the year, It has grown over 10% since then. From here we can expect a small cool down period in the range between the 78.60% fibonacci level between $136-$121 before the next leg up on this parabolic run. Price target from here are at the 161.80% fibonacci level @ $210 (49% Gain from the current price level).
Solana Update 03/09/21: Moonshot leading DeFi Summer, Solana is currently 5% from the $150 price target forecasted at the beginning of the year. From here we can expect a small cool down period in the range between the 78.60% fibonacci level between $118-144 before the next leg up on this parabolic run. Price target from here are at the 161.80% fibonacci level @ $210 (49% Gain from the current price level). Please see previous analysis below. Happy Trading :)
We could see a $150 Solano very very soon, only 24% away from the 461.80% fibonacci extension . $150 Solano would mean If Solana had a market cap of $43.0B, 1 SOL would be worth $150.00. Since the buy signal triggered on the 3rd August with the 13EMA crossing up above the 50 SMA , Solano has grown over 400% in the past month. We forecasted a $150 EOY target for #Solano, it looks like we could reach this target Early September. Defi summer is happening and Solano, Luna, and Avax are all leading the way. We can expect similar growth moves in Polygon (Layer 2) over the next few months and We believe Solano is only just getting started here. Happy Trading :)
Key Info on Solano:
It is evident that one of the most focal dilemmas that the blockchain sphere faces is the issue of scalability and slow transaction times; Solana aims to fix this vital issue that needs to be remedied. Boasting 60,000 transactions per second, one of the fastest blockchains in the world and growing, Solana has the team, the community and the resources to propel blockchain into the mainstream sphere of influence. This is a new era for blockchain technology, an era of transaction times that rival mainstream and antiquated methods of transaction validation and processing. Solana will be a project and network that will accelerate the adoption of blockchain technology. This is just the beginning.