SOL mostly likes to move in big spurts that precede market up and down turns. The laddering up we are witnessing, moving up past the 200 week MA in lower time frames and daily and getting close on 4 and 6 HR, plus 5 days in a row closing green, is looking very very bullish to me! Still - SOL is powerful and it seems to be building some steam... The narrative is...
Solana (SOL/USD) exhibits a challenging technical landscape as the crypto asset navigates through volatile market conditions. Our technical examination, supported by various indicators and chart patterns, will provide speculative guidance on potential price trajectories. Current Price Action: As of the latest sessions, SOL is trading at $137.40, exhibiting...
Will solana win in price and surpass all time high without stopping slowing down or rejecting the new all time high prices? ...
The Solana cryptocurrency has recently experienced a significant breakthrough by surpassing the $150 resistance level, paving the way for a possible continuation of its upward trend. This is a critical milestone, as the $150 resistance level is considered a significant barrier between the bullish and bearish markets. However, despite this breakthrough, there has...
SOLANA! 1st and Effective Target is marked by arrow! IMHO - we going to go there - just matter of time... 2nd and 3rd - are only if break those. Good Luck!
Here on the COINBASE:SOLUSD chart we can clearly see an inverted cup with handle pattern near completion. Once this stock moves higher we estimate a breakout target of 246.03 by measuring the original impulse move that formed and resulted in the current formation. CCI on the daily is diverging and on the cusp of a breakout of a breakout of positive momentum from...
Waiting to see if Solana respects the lower trend chanel on this or breaks down. If lower trend line is validated in the next few days without a breach this should be a good reference chart for the next leg up.
Solana is forming a MASSIVE Cup & Handle formation that could lead to major gains over the next few years. As many know, Solana has a potentially infinite supply of coins that can be created, which is one of its major downsides, in my opinion. As far as trading, and not investment perspective, I think Solana will make some mind-boggling gains over the next 3 to 5...
The SOL/USD 1-day chart presents a complex technical picture, with both bullish and bearish signals vying for dominance. Let's delve deeper into the observed patterns: Possible Bullish Pennant Transformation: The analysis suggests the chart might be exhibiting a tight bullish pennant pattern. This pattern typically forms after a strong uptrend and indicates a...
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SOLANA recently posted a high of 2015. Now after retracing about 61.8 fib. level, it is again trying to pass recently posted LH of around 163. It is repeating its historic move of posting All time high 260 on 9th September 2021. In 2021, after gaining bullish momentum, after making first HL, it reached notable HH level of 215 within 15 days, then it retraced up...
My previous analysis assuming $60 turned out to be wrong and $80 was reached instead. The waves turned out to be true, but the volume was wrong. Many other analyzes say a further rise, I don't think that SOL will behave in the opposite way.
How to play ⏯️ Solana strategy in the current range? Long at Support zone Short at resistance Right now it's looking more 🐻 bearish and price is likely heading to the support zone
Order book is rebalanced which can signal a bullish movement, reaction off support line and still going up, the demand for buying went up,
Solana breakout is getting more bullish. Next upside price target 🎯 is $180 before it encounters any resistance. Mapped out in blue line possible price movement going forward
Here's the corrected version: Solana has demonstrated its strength in this bullish market, showcasing a long accumulation phase from Mon 30 May '22 to Mon 30 Oct '23. Subsequently, the price began breaking highs directly to $200, marking a 2500% increase from Mon 26 Dec '22. It's been quite a volatile market, and I believe Solana has the potential to become one...
I can see BULLS are getting ready to take this ack up I have buy here with sl @ 115 I will take first profit @ 170 (very important broken support which turn resistance now) If we break 170 my next target will be 259 - 399 Good luck everyone
This is a 33-40% swing trade short crypto SOLUSD. The idea is on the daily chart.