We need to decide whether to go long or short on SOL based on thWe've seen a bounce off the support level!**
Currently showing bullish divergence, so it looks like a good opportunity to buy based on the support level.
SOLUSDTPERP
SOLANA LONG SCENARIOS. BULLISH The last bottom zone of solana is $ 80 for me and I think I will buy from there if it falls. I think these two scenarios will develop, stay tuned. fibonacci levels are very important.
📊#sol has a chance to form an ascending triangle📈🧠Unfortunately, we did not continue the bullish power according to the previous cup-and-handle structure. This shows that the resistance and selling pressure above are relatively heavy, and corrections can be made through long-term consolidation.
➡️From a graphic point of view, we have the opportunity to form an ascending triangle. If we successfully break through the inflection point, then we will most likely rise according to this graphic structure. On the other hand, if we break below the bulls’ defensive level, this bullish view will be invalidated.
let's see.👀
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#SOL/USDT#SOL
We have a downtrend on a 12-hour frame, the price is moving within it and adhering to its limits well
We have a major support area at $170
We have a higher stability moving average of 100
We have a downtrend on the RSI that is about to break higher
Entry price is 177
First goal 183
Second goal 192
Third goal 203
SOL Expecting more downsideSolana looks ready to make a retrace. I am expecting a little bounce here till 189.34 where i placed my sell limit order. The target for my short is the h4 support zone on $176
SOL: trade by leg📊Analysis by AhmadArz:
🔍Entry: 190.15
🛑Stop Loss: 186.06
🎯Take Profit: 194.40-198.59-209.32
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
📊#SOL cup handle structure🚀🌕💥I am very happy that the market has developed as expected. We entered the long market again after breaking through the upper edge of the ascending triangle. Now it has reached near the stage resistance zone. We have locked in the main profit. Congratulations to the friends who followed Wolf King to print money. Successful profit 900%+💰🚀🌕🍻
🧠As mentioned in the previous post, once we successfully break through the inflection point, the cup-and-handle structure is established. Perhaps we will use this structure as support to challenge all-time highs.📈
Let's see👀
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📊#SOL ascending triangle🚀🧠From the perspective of the macro cycle, we still have unfulfilled bullish goals. It is very reasonable to call back after encountering resistance near the stage resistance. At present, we have the opportunity to form an ascending triangle here.
➡️If we successfully break through the turning point, it means that a new long structure is established, which means that we will go higher and may even challenge historical highs.🚀🌕
Let's see👀
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SOL - Lower High Here Will Mean DistributionIf SOL makes a lower high here, this is a distribution. Count the waves and compare. UT, 5 waves down, 9 waves up for a UTAD, lower high for a test will confirm it
This SOL Chart Makes Me Want to Cry. Black Swan EventZoom out. Pull macro fib time. Pull a monthly supply at ATH. Pull a measured move from ATH to bear market low. Measure from current high. Look at the beginning of a Wyckoff Distribution Schematic. Cry myself to sleep. In that order
We're going into a bear market until April 14th, 2025
📊#SOL reaches staged resistance zone✔️💥The spot transaction we ambush on March 6 successfully achieved the main goal and locked in the main profit after 13 days. Congratulations to the friends who followed Wolf King to print money and achieved a 57.75% increase in cost.🎉💰🎊
🧠It makes sense that we are currently stalled at the major resistance area, as we have broken the weekly level short defense points, so we may be able to continue challenging the all-time highs.🙏🎯✔️
Let's see👀
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SOL to 172 targetHi, this is my new SOLANA target which is 172
Apparently SOL is extremely bullish lately and it's not stopping at all.
Currently already passed Fib 0.50 and at price 100. Next stop would be 130-140 and then to my target 172.
SOLANA $SOL is shiningSolana weekly view. Obviously a lot of room for upside, we'll have to see and witness how that gets exploited and when. it could happen like this, probably too ideally. lots of other possibilities as well. ->The main levels are trade entries and exits
#SOL/USDT
#SOL
The price is moving in a downward channel and is expected to continue for some time
We have strong support at two areas where the entry can be distributed twice
The idea of correction is supported by the correction in alternative currencies during the current period
First level 60.00
Second level 42.00
With goals up to 160.00
SOLUSDT at weekly resistance right nowThe price has been in uptrend since end of 2022. It has not broken the high it had set in 2021 but it has covered a significant distance from its low in 2022 end and has come close to its all time high zone. However, the price is currently trading at a weekly resistance level WR1. The price did experience a pullback from that resistance zone but quickly backed up and now trading again in that resistance zone. Looking at the momentum, the possibility of the price to break this resistance cannot be ignored, however, a bit of caution is definitely warranted. The next resistance zone is WR2 which is also a monthly resistance zone sitting around 198-208. However, I believe there would be some struggle there but the price will eventually break that and move upward. The more significant resistance is the currently weekly resistance WR1. Let us see how it plays out.
SOL Inverse H&S Target - Monthly FVG $147.96I usually don't trade retail patterns but I do like to take measured moves for additional confluence on my levels to see which ones will be most important. In this case, I could see this playing out like this, right up into the monthly FVG
#SOL/USDT#SOL
On the 4-hour frame, we have a good bounce heading into the downtrend
We are about to touch the trend and correction slightly before completing the rise
This rise is supported by the breakout of the Moving Average 100
Entry price is 98.00
The first goal is 103.38
The second goal is 108.63
The third goal is 114.70
The fourth goal is 121.32
Solana Re-Accumulation - Look out for the spring!Watch this re-accumulation, the spring should take out the SOW low and bounce back hard. A spring should be a fast manipulation move meant to take out all of the liquidity before moving back the other way. If it doesn't bounce back fast, it's invalidated! Keep an eye out for it and if you play your cards right, you get a fantastic entry for the next move
SOL Accumulation - Nailed the Bottom, Now Take Profits!Another one where we nailed the exact bottom. February 23rd, 2024 @ 11:04 PM
Now make sure you take profits on the way up!
#SOL/USDT#SOL
The price is moving in a bearish channel on a 1-day frame, and it has now been penetrated and is being retested
We have a strong support area at 75.00 if the channel is broken down
Therefore, there are two possibilities that it will continue to rise directly from the current level
Current price 97
First goal 107
Second goal 116
Third goal 126
If the pattern breaks down, we will go to the main support area 75 and thus bounce from it
#SOL/USDT#SOL
The price is moving in a downward channel and sticking to its limits well
It was hacked upwards and is being retold now
We have respect for the lower border of the channel at the 100 level
We have an uptrend on the RSI that the price is following well
The first entry price is 107.41
The second entry price is 102.00
First goal 111
Second goal 115
Third goal 119
SOLUSDT: This way trade in 1 hr timeframeHello friends . Long So Short with me by SOLUSDT ;
according to the chart we expected the price touch the 103.89 so start downtrend by this way in the chart .
1.Long Position :
entry : 102.78 $
target : 103.89 $
sl:102.78$
2.Short position
entry : 103.89
sl :104.66
target: 100.59
Better days are coming for Solana.If you take a medium-term look at the Solana chart (4-hour or daily), you'll see a very impressive flag formation. Flag formations are usually indicative of an upcoming upward movement, with the condition that our flag's upper resistance needs to be broken for the rise to occur. In this chart, you can observe two different buying approaches. The first way is to make a purchase when the flag is broken, or as a second approach, you can wait a bit longer and buy when it reaches the range of 77 to 78. There is no reason to buy at the current level. Please be patient; money will come to you eventually. Good day and profitable trading.
