The cryptocurrency market has seen its share of volatility recently, and Solana (SOL) has been no exception. However, when we zoom out and take a look at the weekly timeframe, a clearer picture emerges. This article dives into SOL's recent price action and explores the potential for its next move. Solid Support at $149 A crucial observation from the weekly...
sol/usd buy limit at 143 confirmed with entry on fib retracement 0.38
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 $131 Let's see how it goes 👀
We bounced off the support zone as we had expected 👊 We should try to go back up to the resistance zone🎯 Did you buy at the support zone? Boost if you agree with us!
Similar idea to DOGE Deviated beneath giga support to grab liq Runs it bacc to highs in coming weeks
Looking for a coil, if breaks support 135$ or $125 then it is no longer a valid idea
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...
Solana - Sell Stop - Cup & Handle Formation - Bullish trend to continue
Solana ( CRYPTOCAP:SOL ) has become the top performer among the top 10 crypto tokens, with Popcat (POPCAT) hitting a new all-time high of $0.6100 and market capitalization upwards of $577.58 million. This surge is attributed to the growing popularity of projects launched on the CRYPTOCAP:SOL blockchain, which have consistently posted remarkable success. Meme...
Price is falling towards a support level which is an overlap support and could potentially bounce from this level to our take profit. Entry: 138.77 Why we like it: There is an overlap support level. Stop loss: 128.26 Why we like it: There is a pullback support level which aligns with the 78.6% Fibonacci retracement. Take profit: 153.98 Why we like it: There is...
SOL needs to hold the upward sloping trendline as support. If not, there is trouble brewing. Potential breakdown alert. We have mapped out the downside support price targets.
sol/usd in trendline and fib retracement highrt high and higher low
entry price ,stop loss and lot size in solana /usd in trending market according to doiw theory
Solana daily chart break out 👀 Price target near $162 Right now we have a breakout from the red downward sloping trendline. Next up resistance zone and 50 day moving average Will you Short at resistance?
SOLUSD has recently formed a bearish reversal pattern known as a rising wedge. In alignment with this pattern, the RSI is synchronized with the price action, displaying no divergence, further confirming the potential bearish outlook. Consequently, it is advisable to consider placing a sell stop order below the recent higher low at 136.39, with a stop loss...
As noted in my Tradingview status, I have decided to stop actively trading The Leap Tradingview contest in light of the massive fraud perpetrated by COINBASE:SOLUSD This contest having limited position sizing, tight restrictions and a list of 6 mostly unsuitable tickers to trade has recently lost its appeal. While I agree the contest can be maintained, due...
SOL price is trading in no man's land and is not worth to trade until a trigger happens. My bias would be for a sweep of low $130 (likely touching $128 in a liquidation event) and restart the growth. First target 140 second target 150 if we get that.