In my opinion, Solana is likely to revisit the area between $55 and $14 due to the current overall price action in the crypto market. Rest in peace. This trade idea is not financial advice. I am not a financial advisor of any kind. Thanks for hitting the like button and for following me!
Hello everyone! I want to warn those who have open LONG positions on #SOLANA. In the local perspective, we can expect a decrease in the asset down to $92.5 as a head and shoulders pattern has formed on the 1-hour and 4-hour timeframes. The situation is also negative on the daily and weekly timeframes. Since the last local price high on February 14th, I have...
This is the potential bearish scenario getting ready to play out on Solana. In the stated case, February 18th would bring a spring on a larger re-accumulation
Solana has recently broken structure on the 4 hour time frame. We are currently seeing a lower low and the trend bearish, possibly reaching for previous lows at 93.53 and 91.13. This idea is for educational purposes only and not to be construed as financial advice. #sol #solana #solusd
As Bitcoin has announced its breakout, it is clear to me that the general crypto market correction is happening. Solana will not be exempt. Here is my analysis: What is on the chart? (follow the steps) 1) A daily FVG that serves as a support zone. 2) The descending trendline that is the main driver of this bearish analysis since it pushed price to form a daily...
SOLANA has experienced recent downward pressure but is presently trading within a crucial support zone, as illustrated on the chart. In the event that the Dollar Index (DXY) sustains and strengthens its position, SOLANA might potentially move towards additional downside targets, given the typical inverse correlation between DXY and SOL. It is important to...
I'd like to first mention that the downward breakout is only justified IF Bitcoin does the same. What do we see? (follow the steps) 1) The high that set the downtrend. 2) Price wicking in the daily FVG that will serve as our base ('support'). 3) A false breakout that is a major bearish signal, paired with the fact that BTC is in my opinion bearish too. 4)...
I'm seeing divergence in Solana daily chart and Solana is near the 77$ that it is a resistance level.
I've told you before that we'll see a correction in Solana price by hitting to the resistance level. Now you can see this correction. this correction can continue till the supporting levels. the first supporting level is 64$ and the another is 45$.
Now Solana is arriving to the first goal that is 77$. If you have caught profit, you can save it now. you can buy it again, if it crosses 77$ resistance level well.
Solana is struggling at Previous Resistance showing signs that a major reversal is near. If the price fails at this level and leaves a raging red bear candle, what does that mean for the next trade? How do we trade this? 🤔 There are two ways to handle this chart, short scalp or wait to long. We cannot long at resistance, the Risk/Reward AND Probability are all...
When things get trending on high time frames I am a big fan of line break charts. This one here on Solana has not yet confirmed red but RSI is very sus. Setting very tight stops on longs now. Also debating on scaling out of long term swing bags. Not advise, good luck.
I am expecting a puncture of the annual triangle till white line, 41$ (approx) Final target is red brick, around 2,5$. Don't have an idea what will happen with Solana, but we know that there were some incidents. Last year Solana hiked from 8$ to 32$ but i can't see growing interest. I am seeing only many reports that whales are investing in it, made to confuse us.
It seems that Solana has decided to go up with the "head and shoulders pattern" and comes down with the same pattern. A head and shoulders pattern is forming. If this pattern is formed and confirmed, the price will drop to around $52.50. Unless something extraordinary happens. Of course, these few steps down are very necessary and good in my opinion. Moving with...
Good R/R trade ! 📐LEVERAGE SHORT 📐 Pair : SOLUSDC Exchange : DERIBIT Order : LIMIT SELL (3x) Entry : 1 - 30% @Market 🟢 2 - 30% @ $44.30🟢 3 - 40% @ $45.60 Targets : HOLD Stoploss : @ $49.64
Solana forming Bullish Flag and could make lower low. Our main target will be 7 but remember there are few area Solana still need to check before the bull run which are 3 red lines below 6.88.
💥SOLUSDT 4H-TIMEFRAME ANALYSIS 💗Hello ladies and gentlemen This is my new idea for 💥Solana I hope my idea is clear Support me by like and share thank you Stay Safe💯💲💲💲 Good luck💰😍
Sol is about to dump below 20$ again. Its in huge down trend.