A bearish head and shoulders pattern appears to be forming on Sol. Upon the breakout below the neckline of the pattern, the anticipated target is $45✅. The current indications suggest that the price is on the verge of breaking the neckline. It's advisable to closely monitor Sol for further developments.
1h time frame - SOL is creating an ascending channel after crazy pump. 1.13 Fibonacci Extension is good to predict the resistance which is 70~74, this zone is also the structural resistance that formed from last bull market. Therefore, if you are holding long positions, should pay more attension when SOL reach the zone.
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...
BINANCE:SOLUSDT BINANCE:SOLUSD BITGET:SOLUSDT KUCOIN:SOLUSDT I guess SOLANA is going to correct around $48 - $47.6 Then Start the 3rd Elliott wave to $83. The correction will be around $71 and the final Elliott wave touch $104 (fibonacci 0.382). The A,B,C correction will dump the price to $77 after that.
dear traders, hope you all had a great week, solusdt recently have been overbought resulting in strong highs that price has created. What we are now expecting for price to touch our entry point and reject it from there. good luck and have a great weekend.
Based on technical factors there is a Buy position in : 📊 SOLUSDT 🔵 Long Now 41.10 🧯 Stop loss 36.55 🏹 Target 1 46.45 🏹 Target 2 53.00 🏹 Target 3 62.40 💸RISK : 1% We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝
Trading proposals post based on price action, technical analysis, major intraday supports and resistances, rejections, breakouts, chart patterns and other factors . Trading suggestion : 📍 SOLUSDT - solana 🔰 LONG 🟢Buy Now or Buy at : 40.35 ⛔️Stop Loss : 37.25 🌀Take Profit 1 : 50.90 🌀Take Profit 2 : 57.30 🌀Take Profit 3 : 67.30 ⛔️ Trading and...
12h time frame - SOL creating a rising channel or could be called as bearish flag, it just hit the channel top and got rejection. Also, there were two times SOL hit the upper uptrend line, and both got further dump. Both dumps satisfied 0.707~0.786 Fibonacci Retracement, so we can set target at the potential Fibonacci level around 20.5~23, this trading provides...
Yes I was looking short on Solana but SEC approved BTC-ETF. That's why every crypto pumps like its Bullrun. But few coins are much more likely to go even further and one of them is Solana. If we look closely Solana hadn't make Lower High since November 2021, all we had was little pullback to 140 area. If SOL close the candle below 32.5 in 1W TF I might consider to...
SOLUSDT There may be either the end of the ABC correction or a continuation of the local downward movement. When the correction is completed, the nearest target will be at 24.70. If we continue to move down, we can see targets at the level of 20.10 What can you expect? Upward movement - if we see a breakdown of the level of 22.47 - local targets - 22.80...
Last setup on this CRYPTO pair hit our first target zone. Awaiting for the price to drop our new zone where we can enter new position. Keep Supporting!!
1h time frame - According to our previous analysis about SOL, this Head and Shoulders has been providing lots momentum to pump. Here is the best timing to set protective stop to avoid unrealized profit gone. Adjust SL from 18 to 22 or 20 Also, if you remain partial positions, I set two higher targets at 25.1 and 28.3, which are the next resistance...
After overcoming the 2021 bearish trend line, the stock has performed a pull-back and rested on its long-term bullish trend line. From there, BINANCE:SOLUSDT restructured to the upside . Donchian channels restructured to the upside . After 127 weeks the RSI attacks for the third time its long term bearish trend line . If it breaks above it, the upward...
Dear Traders, SOLUSDT is at perfect zone to buy big, what we have to wait for first, wait for the 10 hour candle to close and enter when another 10 hour candle open.
1h time frame - SOL creating a potential bottom HS. Currently, getting support at 19, However, right shoulder hasn't formed yet, so we might see lower low of RS. Neckline of this HS is obvious at 20.5 Once SOL break neckline on upside, there are two targets as below. TP: 21.8~22.5 / 23.78
SOLUSDT W1 - The price cannot choose a clear direction, but if we say that it is a flat, the price updates both highs and lows, global movements cannot be considered. Locally, the price may reach 48.10 if it grows. When falling 12.77 What can you expect? Movements to the upper maximum - with targets 32.03 - 48.10 with possible continuation of the movement ...
Dear Traders, Price have been bearish since may weeks now and have approached a key zone of reversal, we need to wait for price to reject at our area.
The price seems to be heading towards the weekly support WS1. It has lost important support levels and the next good support is the weekly support WS1. Therefore, it seems logical and probable that the price will head there before finding any meaningful support and bounce. A long definitely will be favorable once price reaches WS1 as there should be good enough...