Solana (Sol) Update 20/09/21: Solana New ATH, the road to $309. Solana looks like one of those Alt-coins that will match BTC performance and may even outperform BTC in Q4 with an already explosive growth during the last 3 quarters. From here it is important to see SOL reacts to the ATH price price around $195 to $216. Since reaching a new ATH on the 9th September...
Here is my first technical analysis on Solana vs USD. :-)
As you can see on this daily chart, there is a triangle formation which is in progress to upside breakout; this, of course should be confirmed on a daily closing basis !
Looking at shorter time frames, after the recent sharp upside move towards an intraday high so far @ 189.8250 reached earlier today, it...
Solana is breakout out of the bullish consolidation, and bullishly engulfing on the daily. Bullish convergence on the MACD
A little overbought on the 4HR, maybe a good one to wait for a pullback, or laddering into.
Crypto Solana may be headed if the current bullish flag confirms. Weekly Chart.
Thanks to @peekysnipes for pointing this one out.
Price target = 329.79$
Stay humble, have fun, make money!
SOL followed the impulsive path and is currently breaking the 180$ resistance area which is a good sign for a bullish continuation.
MACD daily is opening and so is the upper BB, if tonight close is above 180$, MACD and BB stay as they are now to me the door is open to go on 220$ resistance area.
Too risky to buy now but it will be possible to pay a pullback of...
Solana has had an amazing run today , forming a head and shoulders pattern and looking to break past the neckline and pump to new all time highs , targets are shown on fibonacci extension:
-100% or 190 usd
-127.2% or 205 usd
-161.8% or 223usd
DISCLAIMER: This is not financial advice , always do your own due diligence!
Happy trading :)
FTX:SOLUSD broke the last top from 2021-10-03 at 178 to the upside. also the downtrend line was broke to above.
This is a good sign, intermediate correction is over and new highs are in sight.
After my EW analysis, I assume this could be the end of the 4th wave down, and mark the beginning of a wave 5 up. this would mean a potential price target at around 307 if...
A lot of altcoins broke through a symmetrical triangle they have formed. Solana is also one of them. I like big volume. Target is around previous all time high. If you want to enter it is wise to wait for the retest of the support line - if it's going to hapen.
To be honest, I am taking some big risks in crypto. Everything is a risk, you know?
But, I do not have enough money in the world to buy this beautiful chart.
A break above $170, and... it is going to be fire, as the young generation would say?
Clearly breaking out of a wave 3 triangle to the upside, have an inverse head and shoulders pattern, best project in...
It looks like price is forming a symmetrical triangle on the SOL/USD Daily chart. If Price breaks the upper line then that is very bullish and we could expect price to go to around 230 USD next.
This is no financial advise and no trade recommendation.
Solana is poised for gains. The yellow rays are my DCA points thus far. I am using this simple chart to track its trajectory.
*Professional Wyckoffian VSA crypto swing trader. I regularly seek out the most lucrative swings on all major crypto exchanges.
All my charts are clean, straightforward, and easy to follow. No junk, no needless indicators, just solid...
The more I look at this chart the more it looks to have topped and is in the process of a big bull trap, Maybe I'm wrong and we have 1 more leg up but not that likely imo, Prices look set to fall really hard here like $20-60~ area > once our trendline is broken we can start looking for potential buys as that will confirm wave 5 top is in. This reminds me of the...