MAY 10 ’24 - SOL - FORECAST This is a prediction of the next 24 hours I use a combination of indicators from ChartPrime and luxAlgo. The Green is the daily channel extrapolation continuation ranging from the middle of the previous day’s extrapolation The Orange is the projected extrapolation forecast based on the current day Happy Trading! -MV
The Bat reversal Harmonic Pattern is forming which is going to take some time to mature as there is no divegence. Possible PRZ is 122 to 124 level so add solana in the watchlist for possible trend reversal or trade the bearish trend accordingly due to no divergence.
As momentum is building I expect a breakout from this and I've opened a long position. If the price breakouts down the trade is invalidated. Thank you and DYOR. This is not a financial advice.
bearish harmonic pattern sol/usd entry - 146 stop loss - 156
SOL is currently exhibiting signs of bearish continuation after failing to break above key resistance. We see a possible double bottom forming around the current price level, indicating a potential test of support at $115. Price action has been consolidating after a recent decline, potentially forming a double bottom pattern. Fibonacci retracement levels (not...
MAY 9 '24 -SOL- FORECAST Leeetss Gooo!!! HAPPY TRADING!
Solana/ U.S. Dollar _Under_ Trading _ Venue_ Coinbase: Once Retest is completed we will expect he following prices! Red area require a correct retest as a fake retest over the 3rd of May that supported over 30th of April! Should take 2 days for the Retest! If lower retest is not done then following strategy must be applied: (1) Prices require to confirmed...
How to play ⏯️ Solana strategy in the current range? Short at resistance Right now we are approaching the resistance area of $162 which is a confluence resistance area with the 50 day moving average. Latest candle upside wick almost touched it and went down. Time to short into the resistance area Will you be shorting?
Solana ( CRYPTOCAP:SOL ), a cryptocurrency, has experienced a 5% increase in value today, driven by significant on-chain activity and ecosystem growth. The market cap is down by 1%, but Solana's price has risen by 5.5% to $153, with a $69 billion market cap and a $3.2 billion 24-hour trading volume. The central driver behind Solana's recent success is its...
May 6 2024 - Forecast SOL Looks Fun Daily Updates
The cryptocurrency market has seen its share of volatility recently, and Solana (SOL) has been no exception. However, when we zoom out and take a look at the weekly timeframe, a clearer picture emerges. This article dives into SOL's recent price action and explores the potential for its next move. Solid Support at $149 A crucial observation from the weekly...
Although Sol is running into fierce resistance we will give the benefit of the doubt to the Bulls. If they break through we have mapped out next upside target and resistance. Are you betting on the bulls to break resistance or betting on the bears to fight back and hold the resistance line?
SOL needs to hold the upward sloping trendline as support. If not, there is trouble brewing. Potential breakdown alert. We have mapped out the downside support price targets.
Solana looks like it's breaking the upward trendline. 4H chart indicates it's in a overall downtrend and bouncing right now from the 200 EMA Will be shorting now with SL above the previous high $150 and TP at the lowest DEMAND ZONE
Solana blazing straight to hell and back LETS GET DANGEROUS
- EWP Wave 5 impulse to start in coming days/weeks. - Target is 700USD+ before YE'24 - Global liquidity is forming a contracting falling wedge pattern, expected to break to upside in coming days/weeks, supporting upside volatility in risk assets.
After posting recent high of 210.18, SOLUSD was under downward trend line. After making double bottom formation and bullish divergence at 4hr and 1 hr time frame, the instrument gave breakout of downward trend line and triangle pattern. After testing back the trend line, it is expected that bulls will get strength. Entry :149.25 TP-1: 180.78 TP-2: 201.50 SL: 125.50
sol/usd in trendline and fib retracement highrt high and higher low