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Solanaanalysis
Solana SOLUSDT Analysis: On the MoveThe BINANCE:SOLUSDT pair currently finds itself ensnared within a firm downtrend channel, signaling a potential pullback from the channel's resistance line. However, the market remains on a precipice; a breakout from this confining channel could herald a significant upward move.
At its current price at $21.9, the asset stands at a crucial juncture. In the event of an upward surge, key resistance levels to watch out for include $22.0, $24.0, and $26.0. Conversely, if the price maintains its downtrend momentum, anticipated support levels lie around $21.0 - $20.5 or perhaps slightly lower.
Monitor the price closely, exhibiting patience and vigilance. Any breakout or breakdown from the current channel could yield noteworthy trading opportunities.
Stay tuned for further updates. 📈💹
SOL - 10/10/23SOL retraced right near the DEMAND $16 and then ran up to the SUPPLY at $24, now its making its way back to $20.77 area, I will be looking for a bounce here to move back up with it the chart is still bullish till $14 is broken!
Solana and the next climb...Solana and the next climb...
Solana prepares for the next move. Market conditions are more likely to rise. The next move up to the price of around $29...
In the previous analysis, Solana moved as predicted...
SOL forming a descending wedge to $29SOL made a a new high and now consolidating and getting ready for the new legup.Each rectangle has 3 points where are important, above the mid line , mid line and below the mid line. holding above it is bullish. midline is 50/50, below mid line is leaning towards bearish and more downside.
Cya guys at $29
Solana Skyrockets: Breaking Through Resistance with $30 TargetSolana, the blockchain platform known for its lightning-fast transaction speeds and low fees, has been making waves in the crypto market lately. Its recent surge in popularity is not without reason - Solana's innovative technology and impressive ecosystem have caught the attention of both investors and developers alike.
But let's talk about the breakthrough that has everyone buzzing. Solana's price has been on an unstoppable upward trajectory, and it has now successfully broken through the resistance level that has been holding it back. This is a significant milestone that signals a potential bullish trend ahead!
With this new target of $30, Solana is poised to continue its meteoric rise in the coming days and weeks. The market sentiment surrounding SOL is overwhelmingly positive, and this breakthrough could be just the beginning of an even greater surge.
So, what does this mean for you as a trader? It's time to seize this golden opportunity and consider going long on Solana! By taking a long position, you can potentially profit from Solana's upward momentum and ride the wave of its success.
Don't miss out on this exciting chance to be part of Solana's incredible journey. Here's your call-to-action: consider opening a long position on Solana (SOL) today and position yourself for potential gains. Remember, as with any investment, it's important to conduct your own research and make informed decisions.
Reach out to me with any questions or concerns you may have by commenting below. We're dedicated to supporting you on your trading journey and helping you make the most of this thrilling market opportunity.
Stay tuned for further updates on Solana and other exciting developments in the crypto space. The world of cryptocurrency is constantly evolving, and there's never a dull moment!
Solana to 7.Solana forming Bullish Flag and could make lower low. Our main target will be 7 but remember there are few area Solana still need to check before the bull run which are 3 red lines below 6.88.
SOLUSDT - Ready for big up move!SOLUSDT (4h Chart) Technical analysis
SOLUSDT (4h Chart) Currently trading at $19.50
Buy level: Above $19.40
Stop loss: Below $18.70
TP1: $19.8
TP2: $20.40
TP3: $21.20
TP4: $22
Max Leverage 3x
Always keep Stop loss
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Solana (SOL) -> New Altcoin SeasonMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️
I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term wealth!
In today's anaylsis I want to take a look at the bigger picture on Solana.
During the year 2021 we saw a crazy rally of more than 25.000% on Solana and since the beginning of 2022 Solana perfectly dropped more than 90% towards the downside.
Following this overall long term pump and dump trend I do expect another crazy pump after Solana broke out of the current triangle formation.
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I know that this is a quite simple trading approach but over the past 4 years I've realized that simplicity and consistency are much more important than any trading strategy.
Keep the long term vision🫡
Solana- Steep falling wedge, but bulls need confirmationSince the high of the year above 30, SolUsdt started to drop and lost 30% of its value.
Now the coin is sitting on 20usd support and, considering yesterday's bullish engulfing and the steep falling wedge, it could reverse.
However, a clear confirmation comes only with the price above 22, in which instance, a rise to the 30 zone high becomes very probable.
SOL to the 27-28USDcIn the current scenario, where SOL/USDT (Solana against USDT) is forming a "bull flag" pattern, there has been observed a positive price movement that suggests a potential increase to the range between 27 and 28 dollars per SOL. The bull flag pattern is typically seen as a continuation pattern within the existing trend, which in this case could be an ongoing upward movement in Solana's price.
It is anticipated that the breakout from this bull flag pattern could lead to testing resistances at higher levels. This way, SOL could move towards the target range of 27 to 28 dollars per SOL. It's crucial to monitor whether this upward trend is supported by sufficient trading volume and investor interest.
In the event that the ascending trendline is breached, and SOL/USDT falls below this level, there is a risk of another downward move. This could result in disrupting the current upward trend and initiating another corrective phase downward. Therefore, it's important to keep an eye on price levels, trading volume, and technical indicators that might indicate the strength or weakness of the market movement.
Solana could drop to supportFrom the 7.5 back in December last year to the 32 high in mid-July, Solana has has a very good run with a gain of more than 400%.
However, after this recent high, the coin started to roll back down and now is trading at 21.32.
I believe more losses will come and we can see a test of 15 zone support.
I'm looking to sell rallies with negation above 27
SOLUSDTBINANCE:SOLUSDT SHORT
"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
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Sol short scalp#sol will go down to retest blue line. Short scalp exists. This idea will become invalid if price goes above the redline
SOL/USDTThe price moves in a valid resistance range between bears and bulls. Considering the weakness in the CCI, I expect the price to drop to the $18 range and form a twin bottom pattern for the bottom of the channel and restore energy to reach the first target. DYOR
SOLUSDT Weekly Analysis after taken liquidity of the sell side and change of character and retracement to fill fvg we will see a continuation to taken liquidity of the buy side and retest of the supply zone so in low time frame we will see many opportunities for buy
- Trading is probability control your risk management
Good luck !
solusdtDue to the recent growth, the Solana currency is in a tight spot and we expect the price to rise. If the price floor is maintained, it has the ability to rise from this range, otherwise, the failure of the current price floor will react to the specified range.
I hope it will be noticed.
$SOL long-term price prediction. Next cycle top in 2026?I don't think Solana has bottomed yet. I think we'll see panic selling below the low we had last year, however, if you buy at sub $10 levels, I think there reward will be massive.
Here's a 3 year projection of price.
Let's see what happens.
Solana: Off you go! 🙌Quite commendably, Solana has placed the low of wave ii in orange in our target zone and has started the expected ascent. Now, the altcoin should keep up this trend to make it above the resistance at $26.55. This should provide our crypto friend with further upward momentum, which should help Solana to reach the next goal: the orange zone between $46.05 and $64.63, where wave iii in orange should end.
SOLANA, plausible a WXY correction in the endThis Sunday I erased all of my TA regarding SOLANA.
In the end, it was a shaky friday-saturday and SOLANA totally changed its course.
From a "bottom reached" market consensus to a.... falling knife!
My personal position was that an ABC was in place, that it could have already reached its first target of a C, but that it was also a very "short" C.
Never did I expect such a collapse taking us to $12 bucks?????
I did - however- expect a $17-17.25 bottom, perhaps stretching to $15 - AND THAT WAS IT!.
So yes, I erased it all and found that it made sense to redraw as... a WXY!
Look at the targets, it seems to fit like a new sock.
If this is so we should see a reversal.
Time to wait for a first robust sign and then climb in. Too early now, in my personal view.
We could still see yet another impulse down, hopefully NOT making a lower low and still within WXY (else ABC) limits.
Let´s see what´s in next for SOLANA...
💥SOLUSDT 4H-TIMEFRAME ANALYSIS💥SOLUSDT 4H-TIMEFRAME ANALYSIS
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This is my new idea for 💥Solana
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SOLUSDT are you rdy ? 🧨😉Well, well, well.
We want to do Solana analysis together.
Solana will first have a short trend from 19 dollars and 90 cents. After we started the downward trend from 19 dollars and 90 and a half cents, our target price for shorts is 16 dollars and 20 cents.
Well, after our trend took the shorts and reached our desired target, the upward trend of Solana will start from this price. So, for the long trend, from 16 dollars and 20 cents, our target will be 38 dollars and 17 cents. This was Solana's analysis.
