Solusdtsignal
Solana back to 80?In a recent post about BINANCE:SOLUSDT I said that 80 should provide strong support for the coin and a resumption of the up trend is possible after the test of support.
Indeed, SolUsdt reversed from that zone and a rally started after.
However, the coin seems incapable of holding gains above 100 and, considering I expect a deeper correction for the overall crypto market, Sol should not make an exception.
In conclusion, I'm looking to sell rallies near 100 for this coin with a target at 80 support.
SOLUSDT FOR THE WEEKIf no anomaly occurs and bullish sentiment along with constant new developments on Solana chain continues, this current idea should stand, and will be my entries
Entry 1:98.4 - long (After break above 4hour retracement high.
Anticipate price to finally break the daily resistance. However, will secure partial profits at the resistance, and let runners run to 108 (wick high)
Entry 2: Will enter a sell position to scalp the retracement down to 102, where I'm expecting support to form between 98-102.
Entry 3: Will be placing a long entry after securing some profits on the retracement trade.
This time, anywhere within the 90's zone is a guranteed profit, I will look for a nice price action before entering, most probably 50% position size at 30x leverage, with TP at 123 and SL at 98.
sell on orderblock📊Analysis by AhmadArz:
🔍Entry: 98
🛑Stop Loss: 100.58
🎯Take Profit: 95.92 - 92.91 - 89.75
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🚧Solana(SOL) can Drop ➖15%🚧🏃♂️Solana is moving near the Support line right now.
🌊According to the theory of Elliott waves , Solana seems to be in corrective waves in the 4-hour time frame .
🌊The structure of correction waves is Triple Three Correction(WXYXZ) .
🔔I expect Solana to fall to the 🟢 Support zone($82.00-$75.20) 🟢 after breaking the Support line .
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Solana Analyze ( SOLUSDT ), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
SOLANA SOL COIN ANALYSIS AND NEXT POSSIBLE MOVES!!CRYPTOCAP:SOL Coin Update !!
• Support levels near me= (81$$-79$)-75$-67$-54$
• Possible scenerio in my mind🧠... Till Solana Coin Price Trade above 79$-81$ we are able to expect in next 2-5 days solana coin price touch 90$-95$-100$+.
• Otherwise price drop downword on there support levels that i mentioned above🙂.
FOLLOW ME FOR MORE FREE UPDATES !!
SOLUSDT - THE CORRECTION IS IMMINENT (TARGET $64)As Bitcoin has announced its breakout, it is clear to me that the general crypto market correction is happening. Solana will not be exempt. Here is my analysis:
What is on the chart? (follow the steps)
1) A daily FVG that serves as a support zone.
2) The descending trendline that is the main driver of this bearish analysis since it pushed price to form a daily descending triangle (employing the retail lingo so that everyone can understand).
3) Price wicking multiple times in the daily FVG confirming that it is indeed a 'support zone'.
4) A false breakout. This is the strongest short signal of the chart since it demonstrates how bulls failed to break the structure and pursue the rally.
5) A short structure setup which here just serves as a confirmation (I didn't personally enter there as I was waiting for BTC).
6) The imminent breakout that should be ruthless. These kind of corrections can make or break people. So I expect it to at least take out the $64 sellside level.
NOTE: Don't let it go to your head. If you are over exposed, just minimize your risk and take a break from the markets. You control your investments not the other way around.
As always, enjoy the rest of your day and happy trading!! ;)
SOL/USDT Breakout the Bullish FLAG, Ready for continue Upward ??💎 SOL's market activity has been particularly notable lately. The cryptocurrency has recently achieved a breakout from a Bullish Flag pattern, which typically signals a continuation of an upward trend. This breakout suggests that SOL may sustain its upward trajectory, potentially aiming for a significant resistance level in the market.
💎 However, there are risks to consider. If SOL's price were to close below the trendline, it might indicate a false breakout. Should this occur, SOL could reverse its gains and initiate a downward trend, potentially heading towards the demand area of around $90.40.
💎 In this demand zone, SOL must demonstrate a rebound to regain momentum. A successful bounce and reclaim above the resistance trendline could reinforce bullish sentiments.
💎 Conversely, a lack of strong response or mere consolidation within the demand zone could be a negative indicator. If SOL fails to maintain this crucial support level, it could lead to a further decline in its price, potentially reaching lower support levels.
Solana- Ready for a new leg up to 200In my earlier analysis of Solana, I mentioned that the 130-140 zone was expected to present significant resistance, and there was a high likelihood of a correction toward the 80 zone. True to that projection, SoldUsdt precisely corrected within the specified range and, on three occasions since the beginning of the year, experienced a reversal from that zone.
Currently, the coin has retraced to the 100 zone and appears poised to resume its upward movement. Sustaining stability above 100 would place bulls back in complete control, signaling a potential commencement of a new upward trend. While the 125-135 zone might pose some resistance, I believe it would merely serve as a temporary obstacle. Once this zone is surpassed, the path seems clear for an ascent toward the 200 zone.
However, it's important to note that a drop below 80 would interrupt this scenario and necessitate a reevaluation of the market outlook.
Sol/USDT: Preparing for a Bullish Move
The Sol/USDT pair is currently exhibiting signs of price accumulation within a defined zone. Based on my analysis, there are indications of a significant upward movement in the near future. Specifically, the 8-hour time frame appears strongly bullish, suggesting a potential rise of 25-40% for Solana's price in the coming days.
Please note that the information provided here should not be considered financial advice. Remember to conduct your own research and consult with a professional financial advisor before making any investment decisions.
📈💰 SOL/USDT: $150 Target! 🎯🚀🌱🔮 January: The Month for SOL! 🌙🌟
🔥💰 February: BNB Takes the Spotlight! 💥💥
🤑💡 Hey there, crypto enthusiasts! Buckle up because things are about to get exciting! 🚀 We've got some great news to share! 📢💫
📈💸 SOL/USDT is gaining serious momentum, and we predict it's heading straight for the $150 mark! 📈🎯🤑 This fantastic cryptocurrency pair is gaining popularity, and it's showing all the signs of a lucrative investment opportunity! 📈💰💎
✅ But remember, we're not financial advisors! 🙅♂️⚠️ So, always do your thorough research and make informed decisions. Your financial journey is unique, and it's crucial to take charge of your investments. 🧐📚
⚡️💫 That being said, January is expected to be an exciting month for SOL! 🌱🌙 The cryptocurrency's growth potential is attracting a wider investor base, and market trends indicate an upward trajectory! 📈🚀 Get ready for some major gains! 💥📈💸
✨🚀 February, on the other hand, will be all about BNB's stellar rise! 💰🔥 This cryptocurrency has been making waves lately, with exciting developments and increased adoption. It's set to rock the crypto world! 🌟💸✨
⏳ So, time is ticking, and the opportunity to catch SOL/USDT at $150 is just around the corner! 🌅⌛️ Don't miss out on this potentially profitable ride! 📈🤑💰
SOLUSDT PRE<>POST ETF NEWSKeeping the analysis simple, leverage only demand-supply zones and fibs to chart the solana-trader's emotions.
At the time of posting, SOLUSDT is at month support - resist zone.
DAY: SOLUSDT respected the supply zone on the day timeframe, and retraced downward.
With volatility, I'm expecting some whiplashes. But with overall bullish optimism from the market, buy limits will be set at $89, $85 and $80.50.
Stop losses at $69
Take profits at $174
sol long setuphello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
buy in breakout(SOL)📊Analysis by AhmadArz:
buy in breakout trendine
🔍Entry: 95.1
🛑Stop Loss: 93.57
🎯Take Profit: 96.67
🔗"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."
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Solana's Warning Signs: Brace for Impact as Market Signals DumpSolana is sizzling hot, but for the bulls, get ready for another descent. The next target is the $65-$53 support range. Despite remaining within the bullish trend channel, recent rejections at $127 (top of the channel) and $107 (midline – Blue line) suggest a probable visit to the bottom of the channel at $84. In the worst-case scenario, a break or breach of the channel's lower trendline may lead to Solana dropping to $68-$64. For those in short positions, exercising patience is crucial given the current range. Despite optimism about Solana outperforming ETH in the long run, its volatility is on par with ETH, and it's susceptible to Bitcoin's price movements. Brace yourself for potential fluctuations from February to April 2024.
Am I Right to Short Solana? Let's See! {07/Jan/2024My first trade analysis of 2024 on Crypto Currency.
Educational Analysis says SOLUSD may move in this range for some time according to my technical.
Broker - Binance
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why this range?
Because Solana Made a lot of gains last year 2023, May is a time to push down a bit and there will be a lot of liquidity.
Although it is in an uptrend, the market may come down to collect sell-side liquidity and fill fair value gaps. Then shoots up to the new high.
Let's see what this pair brings to the table in the future for us.
Please check Comment section how it turned out for this trade.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS,
Happy Trading, Fx Dollars.
wait for break-trendline (SOL)❤️❤️Thanks for boosting 🚀 and supporting us!
📈analytics by priceaction
📊 (Entry) : 99.72
🔴 Stop Loss : 94.51
🎯 Take Profit : 104.40 -109.08 -114.90
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👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
SOLANA And the Full Picture ( More informative chart )Hi Everyone;
today we have one of the best risk to reward Investment opportunity
it is more than 1000 times the risk and the chart is look very promising.
I expect breaking the previous bear market key point will clear the way to the final target
Note: this not the right time to jump on the project, I am just showing the full picture for Solana for the current market Cycle (where it was and where it going)
good luck everyone.