Solana presents the scenario we've been discussing for some time now. We might already be seeing the completion of Wave (2), with our entry point around $81. Since then, Solana has surged by 42%. However, we're still considering the possibility of an extended Wave (2) correction, now shaping into a flat structure. On closer examination, the recent upward movement...
The digital asset Solana (SOL/USD) is exhibiting bearish tendencies in its market behavior, as demonstrated by a comprehensive analysis of various technical indicators on the daily chart. Currently priced at $175.30, the asset has witnessed a 4.81% decline, signaling a potential strategic juncture for traders and investors alike. Price Trajectory and Moving...
Ahhh many thanks to the SOL fudders we have some great buying ops for sol before moonshot! DUNE came out with a report that a whopping 75% transactions fail on SOL chain :) Right… I can tell you from my experience - trading mostly on JUP that once in a while - mostly right after a launched coin or airdrop - there can be some congestion. JUP pre tests every...
SOLANA is an awesome L2 blockchain/ crypto with plenty of future growth and potential. One of its key features I personally love is the speed at which it processes transactions, developer growth, its ease of use for developers and the whole ecosystem in itself. Yes there are other major players out there too, but for me, SOLANA is an awesome crypto with great...
I believe Solana is ready for another breakout but first i think it drops to support @ $180 going to be waiting. If it does hit, next support level we're watching is $167. What are some good Solana projects you're watching?
Solana with ticker SOLUSD remains nicely bullish as expected from technical point of view and from Elliott wave perspective. Looks like it's still trading in an extended wave »v« of 3 with room for more gains, maybe even straight back to all-time highs. Currently we are tracking a lower degree consolidation within a bullish triangle pattern for subwave iv that can...
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ETF price crash had already hit luckily it doesn’t look that bad & solana had found its footing Made support around $162-$180 area such a huge move for solana to keep the bulls steady. Does it mean $300 next ( that’s a maybe) let me tell you why; so solana has to bullish move upwards and play around the resistance which is around $190-$199 area .. so in order...
Take a buy @ this strong supported area and was untested. Can move this back to test around 195.18 Let see if we get bounce from here My RR is 1:3.49
SOL - update old eth vs sol now just an update of the old attached idea with more data now on the macro momentum. looking like that final push coming here, the spike before the biggish pull back before ultra moon mission alpha. or we are about to get gutted like that earlier 'fake' pump. full retrace hell. the momentum doesnt quite look right overall for that...
According to data from CoinShares, Solana ( CRYPTOCAP:SOL ) has emerged as the leading altcoin with regards to institutional capital inflows, surpassing other competitors such as Polkadot, Cardano, and CRYPTOCAP:XRP , with $6.1 million in inflows last week. However, Solana's on-chain activity has experienced a decline, following a spike in the last week of March,...
For anyone looking to accumulate SOLANA at lower levels... The local top of Solana on the Daily timeframe and higher time frames is currently $209.64. On the measured move from SOLANA's bear market capitulation low of $7.89 to the current local top of $209.84... here are the technical levels of interest, based on fibonacci retracement levels (fibonacci math)...
Price reached our target in the 205 area and then nuked to 180s. The price had a retest of the 100 SMA and got rejected, which is short-term bearish. Shall the 100 SMA be confirmed as resistance, we could visit the 200 SMA around 170 (169 for SOL lovers). Bulls could be saved if we recover the 190 trading area. Be careful.
SOL is making New HH and HL and making the strong support at Fibonacci level, i believe that we have a probability if SOL breaks HH then we can see it moving towards 300.
Elliott 5 on a big time frame has completed in this zone of 203 USD. Now it need an abc correction which can extend until the lower support line 130 USD. The Elliott have been identified using D wave system but have not been marked on chart. This is not financial advice. Make your own research before making any decision.
It looks like BTC ETH and SOL are printing head and shoulders! Going into the weekend with this makes me feel we are going down to retest under the 163 support then bounce way up! Hopefully SOL will get above ATH this next series of moves! DIY this is NO Advice at all. Good luck!