The 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...
Hello friends, welcome to this SOL update from Crypto Sanders. Chart Analysis:-Solana (SOL) extended its own gains to start the weekend, as the cryptocurrency finally rose above 22.00. SOL/USD peaked at 22.20 earlier in today’s session, which comes following Friday’s low at the 21.39 level. Earlier gains have since eased as the day matured, which came after bulls...
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! 22.50 is my new level, 22.05 is the start of the area. Broke down and found resistance under. Bulls need to break and flip. Either #Sol is the strongest or the...
Based on the market data provided, the SOL/USDT pair is currently trading at a price of $21.54. From a technical analysis perspective, the Relative Strength Index (RSI) for the 4-hour chart is at 36.61, indicating that the pair is nearing oversold territory. This could suggest a potential upward price movement in the short term. The Moving Average Convergence...
ICP fell by -99.8% after the listing! I condole with its investors. But the downward movement is fading, which is good, because in such conditions, the accumulation phase usually begins. ICP still has $1.5B of capitalization and lots of developers work on it. 💥I'm pretty sure ICP will show it's potential dugring Bitcoin bull market. like❤️ and follow Check the...
EOS fell by -97% from highs and now its going to break the 500 days wedge. The crypto market feels like dead and I don't know better time to take a look on altcoins and Bitcoin for the long term. The targets are on the chart. 💥 BTW one more shake out is still possible. But will we see it? This is a big question. like❤️ and follow Check the links and get a...
BINANCE:SOLUSDT.P In general, we have a favorable situation for a strong level breakout, as only stop orders of other market participants are sitting below the level. The strong impulse will likely come from them. There are no other nearby levels that could halt the movement, with the closest one being at 221.118. In such situations, you NEVER know WHEN the...
Solana has been showcasing a robust performance despite recent market pullbacks, gaining around 20% over the past 30 days, compared to Bitcoin's 5% rise. The price action for SOL has seen a pullback to the $22 mark, after facing rejection at the $25 level, which now acts as a key resistance point. This pullback phase is seen as a retest of the upside breakout,...
OP long with HSL 1.2 can do spot and futures. Support level holding, the chart is very clear, the risk to reward is good and odds are looking nice.
After a bearish CH and a lot of suffering it is now back to a place full of SELL orders. Be careful, this area has a lot of sales orders! The body of the candles may mislead you, but make no mistake, this is a strong resistance zone! For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
Hello friends, welcome to this SOL update from Crypto Sanders. Chart Analysis decided to take a break this week and did not make a second attempt to break the resistance at $25. Nevertheless, it still managed to book a 15.6% price increase, making it the best performer on our list. There is good support at $22, and buyers should return there if the price...
Solana / SOLUSD is pulling back significantly today despite being on a bullish leg for the past 30 days. The long term pattern is a Channel Up and September's Low could be the first out of two before the price goes for a Higher High, much like the one that started after the June 10th Low. The 1day RSI patterns of January-April and so far July-now are very...
The bankruptcy court has taken measures to ensure that the liquidation of FTX assets won’t become a burden for the crypto market, demanding the sale to occur through an investment adviser in weekly batches in accordance with preestablished rules. Following the initial impact, which drove SOL’s price down to a two-month low of $17.34 on Sept. 11, some degree of...
Solana BINANCE:SOLUSDT is currently in the consolidation phase within a Descending Triangle pattern, signaling a potential breakout on the horizon. Key levels to watch within this triangle include: Resistance at $23.6. Support at $22.5. Once this triangle pattern breaks out, we can anticipate new key levels: Resistance: Likely at $27. Support: Expected...
💎 Paradisers, pay attention! SOLUSDT is on our radar for making intriguing moves, especially after its recent breakout from a descending channel, setting the stage for a bullish trajectory. 💎 Another key point to note is that the VRVP (Volume-Related Volatility Profile) is currently acting as a support level, bolstered by significant trading volume, which further...
Earlier this week, when concerns started to grow over the state of the two businesses’ finances, crypto market analysts began to speculate that Alameda might need to sell some of its SOL tokens to raise liquidity. The fears sent the SOL price tumbling – as traders rushed to get ahead of the selling pressure.
We could see SOL bleed on it's BTC pair over the next time period; it could go to the bottom of the channel again; this would happen if BTC were to fall significantly (because of the higher beta of SOL)
Looking at the Solana chart on the weekly we can see momentum and money flow is rising with clear curvature to the upside. There is a wall of resistance at $27 and a clear uptrend respected nearly to the dollar 3 separate times giving a nice clear bullish rising wedge pattern. Typically this is viewed as bullish price action and taking a measured move from out...