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Solusdtlong

SOL/USDT : Noticing some similarities.BINANCE:SOLUSDT Hello everyone 😃 Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it ! #SOL is moving in a different based range zones since 17th September. There are some similarities between this zones and movement ! - On every range zone, There was a deviation below the zone and it's went to retest the swing low level for it. - After a retest on the range high zone, It's went back to the range low level. - All of them have the based mid-rang S/R zone as an affective level on chart. - After a retest on the swing low level, There's a same scale for uptrend to the next range ! 📚 Now based on given data above, I'm expecting another leg up on #SOL's chart to the same scale level located at $295. Also it's logical level for public trades and they would set their ASK near to that level below $300. - Based on FIB extension levels, 0.718's FIB level is located near to $295 too ! 📊 But along with the fractal idea, There are some other factors that can make #SOL aggressive bullish in short-term : In another view, We have the ascending channel and the Support level and support zones. Based on the current retest of support level, There's a chance for the #SOL to continue the movement and limit the downtrend here ! 📑 Conclusion : There's a repetition on range zones on 4H's time-frame, Which lead #SOL to $295 after a retest on swing low level. But also there's will be another aggressive bullish movement, Which is need to be confirmed by a hold above the resistance zone on 1H's time-frame. Hope you enjoyed the content I created, You can support us with your likes and comments ! Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
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by Helical_Trades
75
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.
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by trytofeelpositive
6
Solana (SOL) - Daily analysis 500 or 35?What might we expect from Sol in the coming weeks? I have a decent position in SOL and wanted to assess again where we might be headed. Key things I want to note: 1. Macro Rising wedge pattern. Attempt to break the top side of the wedge occurred with the first push through 200 but was rejected. We are currently in between trends. Low side is 145, Low side break could see a return to 35 if market dives 2. Daily OBV trend is currently touching, this trend has held for the entire bull run of SOL, a break of this line would for me be a big Break in confidence 3. Many similarities noted with Mar '21 leg up 4. NB, as above price trend support is 145 range, which is confluent with previous value area, level to watch if we pull back. But hoping we can hold above previous ATH retest Details: On the negative side of things momentum with SOL has not unexpectedly dropped after such an big run. This produces the rising wedge pattern and also prints the bearish divergence on both OBV and MACD indicators. Importantly, OBV and price trend are intact, and we saw similar divergences before the Mar '21 leg up. RSI has repeated a pattern of double bottom, followed by a significant hidden bullish divergence, before rocketing up. Can we expect a similar move from SOL again in the coming weeks? My Bias is bullish here, and want to read the Hidden bullish divergences over the more obvious bearish tops on both OBV and MACD, but we can't ignore the massive extension SOL has seen in the recent months and the precarious position the OBV trend is in, if I see this OBV trend break I will halve my risk and watch price action from there. Watching for RSI to print a high low and trends to remain intact, while regaining the 220 level Upside target is 500 range, downside targets are 145 and if price and OBV trends break down possible revisit to 35 (I hope not!) SOL has strong fundamentals, and I hope this can hold its momentum. Anything is possible though, ETH has seen similar deep dives
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by jamoooo
Solana (SOL) - Trend following tradeBeen watching a few coins in particular on this dip, for this confluence of factors: dip back into trend and key supports, I opened a position on ROSE for the same criteria, and XRP, now looking for SOL to find support in this region and reverse to continue its macro bullish movement. All in the Chart, confirmed trend support approaching, resistance turned to support with previous ATH. Daily RSI approaching oversold, both RSI swing low and MACD histograms can be read as hidden bullish div, Daily 50MA approaching this zone as support. 4H MACD histogram about to cross zero Note that historically, this dip to retest ATH has occurred prior to SOL going on a significant bull leg up (see previous ideas for some charting of this in relation to OBV) If bitcoin shakes-out down to the 55-54k Zone we may see SOL return to lower supports in the 168-150 range, but hoping we see a relief rally on BTC which may carry SOL back up towards upper trend. Taking profits prudently as I still expect the shake out to come, after/if BTC revisits 62k range TP 255, 300
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by jamoooo
2
SOLUSDT CHART DUE FOR BULLISH MOVESOLUSDT has had its healthy correction yesterday. Now it's time for the bullish move to happen. Buy zone is indicated by the green rectangle, between $174 and $185. The various Take profit points are indicated by the black horizontal lines above till we ride to All-Time High. You can sell at those levels and rebuy at retracements or ride from the major buy zone to All-Time High. Happy Trading BUY ZONE: $174 -$185 Take Profit 1: $216.9 Take Profit 2: $243.77 Stop-Loss; $153.99
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by Brickelsmart
1
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 Like 👍 if you agree with this idea
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by CryptonKidd