Over the last two months or so, Solana has been following a clear triangle pattern.
With SOL coming from a strong bullish phase in August, this pattern is classically a bullish pattern, so I'm expecting a bullish break out soon.
Couple of days ago we had a bullish fake-out. It seems that SOL needs more time in the triangle, although the end of the pattern is very...
Hello dear solana holders. The following seven days will be crucial for price movement, because SOL will decide on trend.
Here are two possibilities:
First, if the price will go up, I believe we will see a +35% rise to the new ATH with a target price of $230. This might be the start of a fresh rally, but I'll take my profits slowly and not get carried...
Hell, everyone! From what I can see in the chart, I think we are destined for a strong move in the upcoming days! Right now, we formed a pennant pattern. If you want to get in, I would wait a bit for confirmation. Good luck :-)
SOLANA is testing the fib retracement resistances, forming a symmetrical triangle. It seems like the 78.6% retracement line is to be tested again. If it manages to break out from that resistance, we expect to to retest the 100% fib extensions of the latest months.
Open Position @ 170.6 (at 78.6% extension resistance breaking over the symmetrical...
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(SOLUSD 1W Chart) - Mid-Long-Term Perspective
Over the 61.44-72.85 section: Expected to create a new wave.
First resistance section:...
SOL - Weekly
Found this interesting. Each of those green lines are golden fibonnaci levels. Each time that level gets claimed price runs to the next one.
Third fib level for SOL is at $2205
That's a potential 12x run in the coming blow off phase of the cycle
Frontier is looking interesting here for a bounce towards 100EMA and maybe even a bullish breakout after.
More information about that DeFi / BSC token on frontier.xyz
Current Price= 0.00002127
Buy Entry= 0.00002125 - 0.00001905
Take Profit= 0.00002617 | 0.00003335 | 0.00004160
Stop Loss= 0.00001614
Risk/Reward= 1:1.5 | 1:3.29 | 1:5.35
Solana (SOLUSDT) has been strongly bullish, always, and with the entire market set to continue growing, we see no reason why this bullish trend should stop.
Even though Solana joined us recently it is now the #7 biggest cryptocurrency project by market capitalization.
This one is good for DeFi and DApp creation.
On the chart above, we see potential for higher...
SOL has broken the support line and has now tested it as resistance, a bad signal. But that does not mean that SOL will fall right now. Below marked the level where there is a lot of liquidity and also an area of huge discount. These are the best places to buy. There is also a global trendline on the chart, if price breaks it, it will also be a very good buying...
Solana has had 2 major runs so far this bull season and I'm expecting the last one in Q4 and Q1 of 2022. I think BTC will go to 144K at it's peak and then probably crash 50-60% (if we repeat the cycle fractals) then it will trigger final alt-season and it will run from 50-60K to 100K so SOLBTC at that point should be anywhere between 0.001 - 0.0015.
- Did you notice that after the last run i stopped posting about Solana ? so here the reasons.
- if you followed all my Solana older analyses, normally you are rich already and no need to trade anymore, so maybe you are still trading for fun ^^.
Remember how violent was Solana Train, Brutal, raging like a formula 1 in starting blocks. But.....when a project makes...
In this post, I'll be taking a technical approach to Solana ($SOL) .
Disclaimer: This is not investment advice. This is for educational and entertainment purposes only. I am not responsible for the profits or loss generated from your investments. Trade and invest at your own risk.
- Solana is currently ranked #6 in terms of market cap, with a size...
* Solana in 1D time frame forms a Symmetrical triangle
* Symmetrical triangle appears when the price consolidates between two trend-lines slightly sloping towards each other.
* Here the below Ascending trendline works as support for the price and the above Descending trendline as resistance
* If SOL breaks the above trendline we can see continuation of the trend.
Solana broke up this triangle 📐 and I think there is chance for run to 237 and even higher. Setting BUY LIMIT order to catch the pullback and add to my bag. Check the other triangle breakouts in related ideas. SOL , just show us some love!💕
ENTRY : local high @ 149
SL : local low @ 128
TARGET : height of the triangle projected from midpoint of the local...
Right now Solana is looking to decide where it wants to go, I am currently more bullish than bearish on SOL as it has done a 50% retrace from its ATH to recent Lows, formed a Symmetrical Pattern which is generally a continuation of what the last trend is and on the daily time frame momentum is turning Bullish on the MACD/Signal and Histogram.