This one is the more bullish of the two because the AR would bring us up into the 170s before crashing back down. Again though I'm just messing around with the major macro fib time and some macro Wyckoff possibilities on this one
We see Head & Shoulders pattern on Solana H4 chart, This coin had big uptrend, so now it's time to make some corrections. 83 level is the first target. Risk reward 1:3
Solana is about to hit the first targets, I expect a slight pull back to the "scene of the crime" (yellow line) or lower to find some support/liquidity for the next move.
This is the bullish scenario for Solana right now From here to 125.84 supply & extension on wave 1. that's gonna be wave 3. Either there or the 1.618 at 128.08 Afterwards we retrace back down to the top of wave 1 at 106.56 and from there make one last push up into this daily FVG at 146.16 $146.48 is also the bearish OB that broke structure causing the bear...
In a recent post about BINANCE:SOLUSDT I said that 80 should provide strong support for the coin and a resumption of the up trend is possible after the test of support. Indeed, SolUsdt reversed from that zone and a rally started after. However, the coin seems incapable of holding gains above 100 and, considering I expect a deeper correction for the overall...
In time H4, as mentioned in the previous post, if it is not able to break the range of $100, it will correct to the range of $81. Therefore, at present, the important resistance barrier for the growth of the currency will shift to the range of $87.5. So, if it corrects upward, the range of the red box can be confirmed to continue the downward trend to the range of...
Solana really has a bear makeup. Now it has hit a supply, but it would have been better to reach the optimized range, then we could look for sell/short positions with much less risk. We do not expect the sol to rise and our view is a bearish one. We expect to have specified targets on the drop chart. Closing 1 daily candle above the optimized range will...
📊Analysis by AhmadArz: 🔍Entry: 98 🛑Stop Loss: 100.58 🎯Take Profit: 95.92 - 92.91 - 89.75 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!
🏃♂️Solana is moving near the Support line right now. 🌊According to the theory of Elliott waves , Solana seems to be in corrective waves in the 4-hour time frame . 🌊The structure of correction waves is Triple Three Correction(WXYXZ) . 🔔I expect Solana to fall to the 🟢 Support zone($82.00-$75.20) 🟢 after breaking the Support line . ❗️⚠️Note⚠️❗️: An...
Solana has broken down out of a rising channel only to create a new channel. Volume falling for 2 days. What's next? BINANCE:SOLUSDT COINBASE:SOLUSD
Sharing Solana update here from TTR: I havent updated SOL since after I took nice profits on it. Here is a potential wave 2 setup down, which should bottom around April or May. It seems that ABC down is in play now, with A being in place on that 23rd Jan low, or it can be printed anytime now, not later than the end of the month or so. The B wave is expected to...
CRYPTOCAP:SOL Coin Update !! • Support levels near me= (81$$-79$)-75$-67$-54$ • Possible scenerio in my mind🧠... Till Solana Coin Price Trade above 79$-81$ we are able to expect in next 2-5 days solana coin price touch 90$-95$-100$+. • Otherwise price drop downword on there support levels that i mentioned above🙂. FOLLOW ME FOR MORE FREE UPDATES !!
Trading Setup: A Trading Signal is seen in the SOLUSDT Solana (futures) Traders can open their Sell Trades NOW ⬇️ Sell now or Sell on 90.20 ⭕️SL @ 100.45 🔵TP1 @ 66.50 🔵TP2 @ 51.50 🔵TP3 @ 31.75 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning...
Considering that this currency is the favorite of many enthusiasts, I decided to share the possible Elliott scenario with you so that you have a better view of investing in this currency. In the last part of the movement of this currency in time H4, a complete cycle has been completed, and this last correction is a double zigzag correction. Therefore, this...
Short Position Forecast for Solana: Analyzing MACD and Trend Reversal In the ever-evolving landscape of the cryptocurrency market, Solana (SOL) appears to be facing a potential shift in its trajectory. A comprehensive analysis, incorporating the Moving Average Convergence Divergence (MACD) indicator and recent trend developments, suggests that a short position...
As Bitcoin has announced its breakout, it is clear to me that the general crypto market correction is happening. Solana will not be exempt. Here is my analysis: What is on the chart? (follow the steps) 1) A daily FVG that serves as a support zone. 2) The descending trendline that is the main driver of this bearish analysis since it pushed price to form a daily...
SOLANA has experienced recent downward pressure but is presently trading within a crucial support zone, as illustrated on the chart. In the event that the Dollar Index (DXY) sustains and strengthens its position, SOLANA might potentially move towards additional downside targets, given the typical inverse correlation between DXY and SOL. It is important to...
In time H4, after a zigzag correction, it is placed in a density that can have a retest to the previous supply area. Therefore, if it can break the range of 100 dollars, it can grow up to the specified supply area. Otherwise, I envision a break from the bottom to the $81 area.