Solana formed a descending triangle pattern and has touched the support level. If this support is strong enough to withstand bearish movements, then the target is at level 144.83 or at the resistance pattern. However, you need to remember that this pattern is a bearish continuation pattern, which means that if this pattern breaks down, Solana will fall deeper. I...
We bounced off the support zone as we had expected 👊 We should try to go back up to the resistance zone🎯 Did you buy at the support zone? Boost if you agree with us!
- EWP Wave 5 impulse to start in coming days/weeks. - Target is 700USD+ before YE'24 - Global liquidity is forming a contracting falling wedge pattern, expected to break to upside in coming days/weeks, supporting upside volatility in risk assets.
Solana - Sell Stop - Cup & Handle Formation - Bullish trend to continue
A good sign that the bottom could potentially be in. Of course there’s always the possibility of some sort of unexpected bald swan to dump the market much further, but even then that could be such a temporary occurrence that by the time the weekly candle closed it still closed the candle body above this neckline. At the bare minimum I get the vibe that at least...
FTX Estate’s 3rd Round of Sales Commences for Locked SOL Tokens After concluding the second round of the auction for the locked SOL tokens, FTX estate kickstarted the third tranche on May 1. It was reported that the 1.8 million CRYPTOCAP:SOL tokens sold in the second round saw the liquidators fetch approximately $232 million after a multi-week sale. While bids...
📊Analysis by AhmadArz: 🔍Entry: 134.97 🛑Stop Loss: 130.59 🎯Take Profit: 139.35 - 143.91 🔗"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!
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...
Solana looks like it's breaking the upward trendline. 4H chart indicates it's in a overall downtrend and bouncing right now from the 200 EMA Will be shorting now with SL above the previous high $150 and TP at the lowest DEMAND ZONE
Got the red candle I was waiting for, now I'm opening a short with a tight SL and TP at demand zone SL $142 TP $131 Let's see how it goes 👀
i dont think it's really possiblehonestly but imagine?
Similar idea to DOGE Deviated beneath giga support to grab liq Runs it bacc to highs in coming weeks
The pair is making bearish flag. EP and TP are mentioned
Price target of USD 280 by 2024 year end, bouncing off trending resistance at USD140.
This idea uses elliott waves . Also it is wykoff pattern in smaller timeframes Use risk managment . Buy from bottom is better than sell now
After posting recent high of 210.18, SOLUSD was under downward trend line. After making double bottom formation and bullish divergence at 4hr and 1 hr time frame, the instrument gave breakout of downward trend line and triangle pattern. After testing back the trend line, it is expected that bulls will get strength. Entry :149.25 TP-1: 180.78 TP-2: 201.50 SL: 125.50
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.