Solana reach a strong trendline support, and perform a symmetrical triangle pattern.
If you wanna follow bullish at solana,
this is the right moment to enter with short term target at $169,
and if this pattern break up, my target at symmetrical triangle projection at $276.99 with 89% profit
I will update this analysis if i found a new key level.
thanks.
Btw,...
Over the past few weeks, Solana (SOL) has gained significant attention as its price continues to consolidate around crucial support lines. This consolidation follows Bitcoin’s latest struggle to validate a clear trend above the psychological mark of $70K. Amid the overall stable market sentiment, Solana has seen a mood swing in key on-chain metrics, creating...
Hello Traders!
I've been analyzing the market today and I decided to open this trade.
It is a bit risky but the risk to reward ratio is big. I'm expecting this move to be a bear trap. I might be wrong as this is like trying to catch a falling knife (which almost never works as expected). I am just trying some new things and my experience allows me to try this...
Looking at the Logarithmic chart, LSE:ORCA seems to have been at a down trend since January 2024 after doing a 10x in just 63 days. The coin seems to have been going through a decent correction for the past 140-160 days. Pulling up the Fib retracement we see a clear bounce off of the 50% level(log scale) which gives an indication that the correction is coming to...
Solana (SOL), the high-speed blockchain once leading the charge in the 2023 bull run, finds itself in a state of uncertainty. Over the past few days, SOL's price has been stuck in neutral territory, oscillating between $155 and $170. This stagnant price action leaves investors both cautiously optimistic and undeniably confused about the future direction of the...
#sol #solana price has broken down the trend line and had bearish retest, then failed to reclaim the trend line zone. #solusd may have test the trend line resistance (formerly support zone). If hard declines occur, daily ichimoku cloud bottom is the support zone. Also this ~144 #usd zone is the historical support zone. Not financial advice.
From where the red arrow is placed, the SOL correction has started.
The correction looks like an ABC and wave B is a diametric.
Where the green arrow is placed on the chart, the SOL diametric starts.
It seems that we are now in wave F of this diametric.
The green range is a strong support range.
Closing a daily candle above the invalidation level will violate...
📊 In our latest video, we delve into two SOL (Solana) options: a strategic entry point for dollar-cost averaging if you’re accumulating SOL, and an intraday trade concept tailored for active traders. As usual, the video provides insights on my trade entry points, trend analysis opinions, market structure, and price action. Remember, this content is educational in...
Hello traders.
I hope you doing well.
These areas are based on my personal strategy and I will share it with you.
Open a sell position on the supply area or open a buy position on the demand area.
Your entry point, stop loss, and target point are based on money management and the amount of money in your trading account.
But I promise you that by trading in the...
Hello traders.
I hope you doing well.
These areas are based on my personal strategy and I will share it with you.
Open a sell position on the supply area or open a buy position on the demand area.
Your entry point, stop loss, and target point are based on money management and the amount of money in your trading account.
But I promise you that by trading in the...
Solana's Magic Eden, a non-fungible token (NFT) marketplace, has seen a surge in trading volumes, dominating the Solana ( CRYPTOCAP:SOL ), Ethereum, and Bitcoin networks. This surge comes as total NFT volumes have dropped in the last 30 days. The platform has surpassed NFT marketplace Blur on Ethereum, with its market share increasing to 41.39%. On Solana (...
Trade setup : Price is in an Uptrend. Pullback near $160 support and long-term up trendline ($143) could be an attractive swing trend entry in Uptrend, with +25% upside to $200. Stop Loss (SL) level at $140.
Pattern : Pullback in Uptrend . Price remains in an Uptrend but has pulled back, which could present a 'buying dip' opportunity. Traders should look for...
With the resurgence of memecoin mania, Solana also received significant momentum. The bulls used all their strength to keep the value above $180 but the growing bearish strength caused a notable pullback. As a result, the SOL price is consolidating strongly within a narrow range of $163 to $172, indicating the possibility of a large move ahead.
While the crypto...
PayPal USD ( SEED_DONKEYDAN_MARKET_CAP:PYUSD ) has gone live on the Solana blockchain, marking a significant expansion beyond the Ethereum ecosystem. This collaboration between PayPal and Solana ( CRYPTOCAP:SOL ) offers millions of users guaranteed access to the token with guaranteed speed. The integration allows PayPal to leverage Solana ( CRYPTOCAP:SOL ) and the...
Trade setup : Price is in an Uptrend. Pullback near $160 support and long-term up trendline ($143) could be an attractive swing trend entry in Uptrend, with +25% upside to $200. Stop Loss (SL) level at $140.
Pattern : Pullback in Uptrend . Price remains in an Uptrend but has pulled back, which could present a 'buying dip' opportunity. Traders should look for...
Solana (SOL), a prominent blockchain platform known for its fast transaction speeds, faces a hurdle in its current price uptrend. Despite a 5% rally on , on-chain data suggests challenges that could hinder SOL from decisively surpassing the $190 resistance level. Let's delve into the factors contributing to this hesitation.
Resistance at $190: A Psychological...
🔄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 ,...
