Get started

Solanaanalysis

#Solana Slumps 90% from Peaks, the SOL Meltdown continuesPast Performance of Solana SOL prices are crumbling in reflection of the entire state of the crypto market. Bears have been relentless, and the sell-off had a massive effect on SOL bulls. At spot rates, the coin is less than $10 from H2 2021 lows. Currently, SOL is down eight percent in the last trading day and 30 percent in the last week of trading. #Solana Technical Analysis Bears are in control, and SOL prices are trading near 2022 lows. A close above $35 would be ideal for optimistic bulls. However, at the current state and sellers doubling down, every pullback provides entries for sellers targeting $22 in a bear breakout continuation pattern. With confirmation of steep losses from early May 2022, bears are likely to fully unwind gains of the second half of 2021. Thus far, there are hints of weakness with SOL bars banding along the lower BB and diverging from the middle BB pointing to strong selling pressure and high volatility. What to Expect from #SOL? SOL is weighed down by apprehensive traders and fundamental reasons such as network failures. These could feed bears, fueling the sell-off. At the current pace, SOL prices are likely to crumble back to $22 and retest H2 2021 lows. Resistance level to watch out for: $35 Support level to watch out for: $22 Disclaimer: Opinions expressed are not investment advice. Do your research.
BINANCE:SOLUSDShort
by Bitcoin_Analyzer
SOLANA is now in for an ABC correction. Close to bottom!SOLANA is finishing up its overall correction pattern, currently in a downward (corrective) wave (v) which has already its proper 1,2,3,4,5 in place (impulsive) and is currently in the subsequent ABC correction phase which "should" bring the price in the $35.33 "ish" zone. As long as this set up is maintained (and we all know how changing this environment is!) possible alternatives in my opinion are: SOLANA already hit its low @ 35.75 and will not go lower than that level, SOLANA will hit its low peak somewhere between $35.75 and 35.33 and then initiate the long trip to recovery, and SOLANA is still in for yet another lowest low, perhaps even in the $30 zone (less likely but technically possible, in the $20 zone) and ONLY THEN, initiate its way back. What to look for? watch $40 level and $35.75 level, both crucial in determining the trend and mood (with a close eye on "Father Bitcoin") ;)
FTX:SOLUSDShort
by Ivanbole71
SOL PUMP COMMING !!!!!SOL Breaks the symmetrical triangle to the Downside and now it is Trading at the Major Support Zone of $42.5-$40 . SOL needs to Hold This Support Zone to be bullish . I'm expecting bounce from this zone . If SOL Will lost this support zone then we may see 40% More Correction in SOL . Next Good Support zone IS $23-$22 .You Can Add some SOL b/w $42-$40 With the tight StopLoss Below this zone . Targets Will be $47 ,$57 , $70 . If You like My analysis Then Hit The like button to motivate me .❤️
Long
by cryptoGuider
1
SOLUSD Double bottom and growth at least + 80%?Almost two weeks ago, we did our previous idea for a couple SOLUSDT Then at the price of $97 per SOL we wrote that the first tasty area of ​​purchase in the area of $​​90. As of today, this trade is relevant, but you can make some adjustments in the part of additional purchase of positions and movement of stop orders. Strong straits in the cryptocurrency market in recent days have made some changes in the charts of coins. However, the structure of the pattern "Double Bottom", which was written about in the previous idea - is not violated and has the right to life. If you are impressed by the Solana token, we suggest you take into account the following data to enter the tra de: Enter the position in the area of ​​$78-80 Stop below $75.4 (-4.5% of entry point) Take profit in area $145 (+ 83% of entry point) Profit/loss ratio 18/1 It is dangerous to keep the long position SOLUSD after confidently fixing the price below $75.4! After all, in this case, the structure of the pattern "Double Bottom" will be disrupted, and the cost of SOLUSDT will be able to fall by another -18-20% in the area of ​​$60-61 _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
by P_S_trade
22