It's pure price action and easy to understand. Disclaimer: It's not a signal it's an idea, open positions by your own responsibility Solana is trying to break its resistance continuously, it's possible if BTC.D lets altcoins breathe.
SOL with no major price movements, BTC also did not have much impact on the price of Solana and currently the trend is very quiet, I think for now, it is best to be patient
The W formation may come. It's my own education, not investment advice.
Solana is on a real good position to bounce if youre holding, just keep holding till the end of November (at least) traders will have a real good time positioning on SOL . BTW, also Keep an eye on BTC.D and BTC chart Good Luck, have fun making money
There are two patterns on this trade After candlestick and break confirmation you can join it to complete. - Head and Shoulders Pattern. - The ABCDE Elliot wave pattern forming an inverted triangle.
SNIPER STRATEGY (new version) It works ALMOST ON ANY CHART. It produces Weak, Medium and Strong signals based on consisting elements. NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear. TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON...
Solana has an interesting historical chart, you can see the formation of a second strong upward wave, I think it is an interesting observation in terms of potential profit, but a stop loss is still mandatory, because the crypto market is really unpredictable
Solana had a massive +600% run up and it was caught by the Nitro Lotus indicator in early August.
Solana is a top class project, the current price is quite high but for a long time it is a project in which you can invest without fear. I think next year could be really hot for Solana
An idea for Solana NFT's will bring great potential to projects like solana I am very bullish on Solana
check solana dominance and uprising again sol can raise again at least to 143$ and then 150$
Bullish End Of The Year, This Is A Good Spot For Longterm Bag, More To Come For Solana Ecosystem Fib Retracement Confluence With 200 Ema On 4h
Solana Update 21/09/21: Potential Corrective Move back to $99. See previous analysis below. Happy trading :) Just over six days ago Solana was just 5% from the $150 price target forecasted at the beginning of the year. Within the last three days, Solana has gained over 49% in value, hitting our target at the 161.80% fibonacci level. From a quantitative, technical...
solana breaked its trend line and now can at least back at its all time high
there is nothing much to say . just wait for the correction to be done. it's possible for SOL to react to 23.60% or 38.20% of Fibonacci , but 50% is much stronger support since it's on the channel line (white line) too. so yeah guys , just wait for that , keep an eye on SOL . our target is around 65-80 . don't forget to like and follow btw...
Solana is currently at a good demand zone and expecting a 10 - 20 % bullish wave from here... Better look for reversal structures or wait for a good green candle.
We knew a correction would most likely need to happen and it did happen. Price is now 20% higher so let's take a look at the charts and what to expect next. With Bitcoin in focus and Solana having huge potentil to stay at all time highs, we offer you our chart with 3 keay levels to buy from or buy-again from! One Love, the FXPROFESSOR Check our previous idea...
Key area is the yellow square poised intitially above 1.618 in the first circle Then the second yellow square is very comparable however this time it is above 2.618 in he second circle Both can be also assumed to be at the .236 fib retracement. Solana I expect, despite the memes, a project that will align nicely with Ethereum, a possibly act as a competitor. ~$2300