Popular layer-1 digital asset, Solana COINBASE:SOLUSD , looks ready to revisit its all time high, around $259. My thesis is that Solana will continue to lead the charge this Crypto Bull Cycle, coming second only to BITSTAMP:BTCUSD . Recall that in the last quarter of 2023 we saw the coin rally over 463% from mid-October to the end of the year. Over that same...
Hello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About GRT (Update) The Descending Channel Has Breakout On WEEKLY Chart✅ Expecting Massive Bullish Wave Towards 0.70$ Soon✍️
In the latest trading activity, the Solana price made a noteworthy attempt to breach the $155 resistance level. However, it encountered firm resistance, resulting in two distinct rejections from this critical threshold. Such a pattern, known as a double-tap rejection at resistance, often signals bearish sentiment, hinting at a potential downturn. Following these...
Dear Traders, I was away for a while, this mainly due to holidays, but i have also started to investigate the haul around these trashtokens in the solana ecosystem. I was shocked and surprised that how much the history repeats itself. Do you guys remember the ERC-20 trash token months back in 2021 ? Yes, the similar happening nowadays. People are getting rich...
SOL is looking strong and aiming for $111 for 1st TP and will play it until #BITCOIN hits $55.5k.
Solana (SOL) demonstrates a robust bullish trend, recently surpassing previous highs and clearing liquidity above a prior monthly high. A potential retracement to the 61.8 Fibonacci level could present a buying opportunity. Our targets are aligned with previous monthly highs, as illustrated in the video. Disclaimer: This analysis offers a technical viewpoint and...
#SOL The price was pushed strongly to achieve 6X and is currently correcting There are two possibilities: either completing the ascent directly Or fall to touch the trend at level 86 and complete the rise First goal 113.41 Second goal 126.79 Third goal 138.37 Fourth goal 150.85
Solana appears to be in a favorable position, showing a clear and rational price movement without signs of being overly pumped or in a bubble. It has retraced from previous areas and we've observed price reactions in the short-term highs, likely due to buyers starting to take profits who buys around the $20 mark. Additionally, the price retraced to $100, which...
SOL looks to be in the last stages of re-accumulation here. I'm currently watching this LPS at $138.25 to finish up the SOS/LPS stage before the next markup
#SOL The price is moving in a downward channel and is expected to continue for some time We have strong support at two areas where the entry can be distributed twice The idea of correction is supported by the correction in alternative currencies during the current period First level 60.00 Second level 42.00 With goals up to 160.00
I usually don't trade retail patterns but I do like to take measured moves for additional confluence on my levels to see which ones will be most important. In this case, I could see this playing out like this, right up into the monthly FVG
BUY SIGNAL on SOLANA Target of $188 Quick rebound from dump Comment below
At this time it would be premature to draw definitive conclusions about the situation. We need to be patient and wait for the critical crossover point. I am leaning towards reducing asset values and taking liquidity down from lower levels while addressing the "FVG" issue. I intend to explore lower time frames (LTF) of 15 minutes to 1 hour to determine a suitable...
The red box is a very important area that must be broken in the weekly time to reach the blue lines. Below are the areas that can be checked for buying.
#SOL On the 4-hour frame, we have a good bounce heading into the downtrend We are about to touch the trend and correction slightly before completing the rise This rise is supported by the breakout of the Moving Average 100 Entry price is 98.00 The first goal is 103.38 The second goal is 108.63 The third goal is 114.70 The fourth goal is 121.32
SOLANA has switched from a Bull Channel to a Bear Channel. We're now on the 7th day of this new bear channel. RSI and MACD both declining since December 25th and Volume has been declining since Nov 1 2023. If you found this interesting or helpful, click the rocket! --------->
We are in a very important area. The red lines are a very tough resistance. If it is broken with strength, it can see higher targets. Otherwise, I will wait on the lower lines.
📊Analysis by AhmadArz: Entry in high & low levels 🔗"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!