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SOLUSDTPERP

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!!!.
Long
by MT1000XGOD
SOL in ascending triangle ?Hello Traders, Solana has been forming an ascending triangle since couple of weeks now! It respected its borders very well till now. - On the chart you can see the Ascending triangle with its target (move the chart to see it) Breakout should be before 15 of MAY 2023. I guess it will be before this date maybe around 5 MAY. Set your alarms! and let's trade it as it goes!! STOPLOSS: "TWO" 1D candle close UNDER 20.7$ ** Notice that ascending triangles are more bullish than bearish, but in a bear market with all of the following situations running around us worldwide, you have to trade as it does, not by a greater probability. - ,,, Tell me, do you count this as a Rising wedge? or an ascending triangle? Thumb up for more <3 Follow for more ideas on another ALTCOINS.
Long
by TANcrypt0
What kind of reward do Solana SOL holders expect?The price of SOLUSDT has weathered yesterday's "helicopters" in the cryptocurrency market quite well. However, it is still in a downward trend channel since the end of 2021. It seems that only the most steadfast holders of Sol remained, who believe in the Solana project and will not drain the token under any circumstances. And if we also take into account the fact that FTX is expected to resume operations in the second half of 2023 and early 2024 with a return of 50-70% of the lost funds, this may play a positive factor for the Solana project. Here, we have described in detail how closely Solana was connected to FTX and related entities. So, as of the time of writing the idea, it looks like $19.50-26.50 is the zone for accumulating long positions. Above $26.50, a powerful upward momentum should be generated to break the downtrend. The first target for such growth is 42-47$ , as the upper boundary of a long-term liquidity zone. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
32
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.
Long
by Crypto-By-Ghazi
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.
Long
by neverovv
Solana SOL price will reach $31, the only question is how)Now, SOLUSDT buyers have one goal: to push the price as close to $31 as possible. There is a powerful liquid zone there, which is pulling the SOLANA price towards it like a magnet. The only question is which way they will go there: If they can confidently fix the SOL price above $23, then the blue route is realistic. If buyers relax even for a second, sellers will become more active. They need to defend their short positions, which were gained on the "negative news around FTX and SOLANA." As a result, the red scenario and the drop of SOL price to the $13-15 range Which scenario do you prefer, and which is more realistic in your opinion? _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
33
#Solana SOL/USD -Daily chart#SOL - From analysing the chart, it is clear that the overall sentiment is bullish, meaning that we expected to increase. However, it's important to take note that the relative strength index (RSI) is quite high, which may indicate that the market is overbought and could experience a short-term pullback. Additionally, it's important to be aware of any resistance levels that may be present on the chart and to consider the historical patterns and trends. Despite the high RSI, it's important not to jump to conclusions and to evaluate the chart with a critical eye. It's essential to not make hasty decisions out of fear of missing out (FOMO) and to take a moment to think critically in order to come to a conclusion. Overall, it's important to be careful and to make well-informed decisions.
BINANCE:SOLUSD
by RomKriss
2
"SOLUSDT" NEXT MOVE!!!Here we can see that "SOLUSDT" in 1 day time frame has taken breakout from the TRENDLINE and trying to retest ont the line and if it takes a healthy retest we can see a good bounce in the price and price could rise till the zone of "31.485". And if the its a fakeout then we can see downfall in the price till the zone of "20.313". Till then keep an eye on the smaller timeframes of the market and if the price hits the support mant times then there is a high change to break the candle in the downwards direction and same things applies for the resistance zone. And according to the TRENDLINE make your TRADE ENTRIES. ENJOY!!!!
by Rivani2006
SOL USD Continuation of Ascending ChannelBINANCE:SOLUSD currently in a confirmed ascending channel after touching the upper trendline multiple times. Here is what I would think would happen, with CPI looming ahead. The below scenario is quite likely. We had massive pumped over the last few days and today we had a confirmed breakout from the resistance at $15. We are looking for a short retrace down to maybe $16 or even to $15 to touch the lower trendline before another big pump to $20 which is the next fib point 0.382. CPI is something to watch out for SOL, if the news is bullish we likely to see instant pump to at least to $20. Overall i would say the current sentiment is bullish and we will continue to remain this price for some time, unlikely to drop below $15 anytime soon if CPI comes out good.
BINANCE:SOLUSDLong
by wenxuan2
2