* Solana is on the double top now
* $26.60 was previous structure resistance with the two legs of the current double top
* Correction to next 61.8% fib at $14 to $15 will be next opportunity to be involved in LONG position ALSO is set on the previous source support on the green rectangle
* RSI is in the overbought zone and a negative divergence with price is...
Hello everyone, let's look at the SOL to USDT chart on a 4-hour time frame. As you can see, the price is moving in the local uptrend channel.
Let's start with the determination of the support line and as you can see, in the first order, it is worth marking the support zone from $ 24.33 to $ 23.55, if the support is broken, then the next support is $ 22.79, then...
Yesterday I published sol/usd idea and My first and second entry orders were filled.
Solana will go from there.
We can see CPI data report in Feb 14,
Solana event grizzlython is coming, many developer are interested.
The biggest Main Changer is SAGA phone. If SAGA phone get a big success, we can see solana above 50 usd.
SOLANA: Beware of The Bearish Wave
Considering that the crypto market is taking a pause these
days it means that the market already reached a very strong resistance zone.
It has a higher chance that SOLANA can do another bearish move down
during this day.
The overall picture is still bearish and the price is under the bearish
pattern as well.
Thank you and...
Solana continues to trade near the resistance area.
The price has repeatedly failed to break through the resistance.
Trading volumes have declined.
I consider a possible reversal with a further decline.
This post is a continuation of my ongoing efforts to fine-tune a predictive algorithm based on deep learning methods.
Last post in this series:
Previously, the algorithm correctly projected SOL's breakout to the upside following SOL's consolidation at around the $16 mark.
As a next leg, the algorithm predicts that a noticeable continuation to the upside is...
Solana is currently in a wave 2 correction. We have one move left before the correction is finished.
We are currently looking for one final move lower before loading up for the next bullrun where we may see Solana hit +1000.
Our buy zone is below the structure level indicated in the chart. A move below that structure level will be a valid wave C.
Entry >>> 23.5
Stop loss >>> 21.5
Take pofi down be stupit. Pay your self!!
Take pfit >>>> 38!! Take AT LEAS5 50%.> 75% of total.
Srry for my lostig alot i cant figure you how to remove or udjust them 🙈🙅♂️🤷♂️
Let me show you a rare glimpse into the world of venture capitalists and their investments in cryptocurrency.
Click on the link below to watch the clip first.
This is how VCs think about their position in Solana this is a very very transparent example and they're already talking about their lock up and when they can dump their positions on retail...
A few days of the rapid growth of the SOLUSDT price has given many owners of the coin hope for super-strong growth.
But not everything is as good as it may seem at first glance.
Firstly, the SOLANA project is very much connected with FTX and Co (the show on this situation will last for many months, if not years). More details about the amounts involved and...
SOLUSDT is currently forming an ascending channel, a technical pattern where the price is moving between two upward-slanting parallel lines. This pattern suggests that the price is in a bullish trend and has a bullish outlook.
However, the price recently faced rejections at the 0.618 Fibonacci level resistance, which is a key technical level for traders.
i have marked out the current highs and lows of the channel we are in although the lows are around 22 i do see 24 as an entry right now to go up and test 26 area and look to break out on this test i will also take profits at 26 and hold a trailing SL
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(SOLBTC 1W chart)
The question is whether it can move above 0.0011394 and lead to a move out of the downtrend line.
A dip below 0.008297 could lead to a sharp decline, so you need to think...
A deep learning algorithm that I am currently working on predicts that the price of SOL (Solana) will experience a breakout to the upside in the coming days. I am posting this prediction to have it recorded for future reference.
Deep learning algorithms are a type of Machine Learning algorithm designed to learn and improve their performance over time through...
It looks like there is HIDDEN bullish divergence on the 4H chart. It also looks like there is a bull flag forming. I would say probably the next stop will be S32 which is the next feb level (1.618 ). $32 is also where the daily 200 EMA is sitting. The ultimate goal is to reach $36 at some point.
Happy trading and this is not a financial idea.