Hi Realistic Traders, let's delve into the technical analysis of BINANCE:SOLUSDT On the Daily timeframe, the price has ascended above the EMA200 line, signifying a robust bullish trend. Recently, it has formed a bullish chart pattern (symmetrical triangle) and breached the upper trendline. Such a breakout typically indicates the continuation of a bullish...
🔄This post is in line with the "🗺️ Solana Roadmap 🗺️" post that I shared with you a few days ago( in a daily time frame ). ⏰In this post, we go to the lower time frame to check the Solana(SOL) . 🏃♂️ Solana(SOL) is moving near the Resistance lines and 🟡 Potential Reversal Zone(PRZ) 🟡 in the 4-hour time frame . 🌊According to the theory of Elliott waves ,...
#SOL We have a bearish channel pattern on a 4-hour frame, the price moves within it, adheres to its limits well, and is expected to break it upwards in a strong manner. We have a green support area at 120.00 We have a tendency to stabilize above moving average 100 We have a downtrend on the RSI indicator that supports the price higher Entry price is 145.00 The...
Solana is losing short term support and it's going to retrace till the support area at $163-167. I think we could probably see a flash crash till there and next a fast pullback that could lead the price to new local top. I am targeting the resistance level at $200
Sol is very strong as always and in bullish trend overall. That's why I will look for long oppertunities. As we can a clearly on chart a B O S in bullish side. So we will look for order block with fvg and also having sell side liquidity build up. And we got that around 175$ area which is my POI for long position.
After a sustained period of growth followed by a healthy retracement,SOLUSDT is gearing up for a significant upward movement. Market indicators suggest that the cryptocurrency has undergone a necessary correction, setting the stage for a resurgence towards its previous all-time highs. With investor sentiment buoyant and technical analyses signaling bullish...
In a significant development for the cryptocurrency landscape, Solana (SOL) has emerged as a more economically profitable blockchain than Ethereum (ETH) for the first time ever. This news comes amidst a strong year for SOL, which has significantly outperformed Ethereum in terms of price gains as well. Solana's Profitability Milestone On-chain analyst Leon...
🧠Structurally, we have successfully constructed a large double bottom bullish structure near the buy zone, so it is reasonable to maintain the bullish view and the ideal objective of this structure has not yet been achieved.📈 ⚠️But we will not chase the rise in the resistance zone. If we can have a good callback, it will be regarded as a good new participation...
Sol idea was shared few days back and it played out perfectly. Now i am looking for retest 158$ and then another push up.
📈Today, I want to analyze the Solana(SOL) project for you. Is it possible to create a New All-Time High(ATH) or not ❗️❓ 🤝Please be with me. ❌Solana(SOL) was unsuccessful in the first Attack on the 🔴 Resistance zone($259.9-$196.40) 🔴 to create a new All-Time High(ATH) . 🌊In terms of Elliott wave theory, Solana(SOL) seems to have completed the main wave...
Sol is one of my faviourite coin because of its liquidity and volatility. Its forming a clean setup OB+FVG+SSL setup. But first i will look foe liquidity sweep from supply zone then tap into sell side liquidity where is our fvg and order block. This is my setup and shown on the chart.
Solana is ranging on a strong support trendline and it's actually sitting on strong daily support. This chart is extremely bullish, and i think we are going up for the next weeks till the local top. Invalidation only below the black box
As I have reported out yesterday, technically Solana is trading in the "no man's land" and can move in either direction. A bullish move towards and a break-out of $165 will push SOL towards $205 and, possibly, higher. Below $165 , risk of bearish move towards $131 is still there and, if $131 is broken to the downside, we can see a further bearishness to...
Solana is trading in the middle of the daily range zone between $131 and $165, where (1) it can move from in either direction and (2) the price action is expected to be slow and choppy. A bullish break-out of $165 will push SOL towards $205 and, possibly, higher. It is yet to make a higher high relative for the most recent swing and until then there is a a risk...
Yesterday, Solana moved bullish in the H4 chart towards $157. 1. A bounce off $150, followed by a bullish surge to $157, could pave the way for $169-$175. However, reclaiming $157 is essential first. 2. A move to below $143 may exert further downward pressure towards $137 and $131, the key intraday support, with expectations for a slow and choppy price movement...
Join CryptoHoney Traders Kingdom on a swift expedition targeting $189. Our analysis blends technical patterns with market dynamics, suggesting a potential climb. We've spotted strong support that's been a reliable launchpad for upward trends, and with our indicators aligning, our thesis strengthens. However, we're not without caution—our stop loss at $134 is...
Solana formed a descending triangle pattern and has touched the support level. If this support is strong enough to withstand bearish movements, then the target is at level 144.83 or at the resistance pattern. However, you need to remember that this pattern is a bearish continuation pattern, which means that if this pattern breaks down, Solana will fall deeper. I...
Solana entered a key zone. It need to bounce now, otherwise it will be hard. Price crossed below main trendline, and it's entering daily support zone. If this level will not hold ($133-126) we could probably see the price to be traded again around $100