Hello everyone, let's discuss and strategize for my new day! Overall, SOLUSDT has been pressing towards support on the rising channel for several hours, which increases the possibility of a trend break and support on the 1D chart. At the same time a narrowing triangle has been formed, which should theoretically break this bullish setup and consolidate the bearish...
Solana produced a multi-year high late December 2023. It proceeded to move sideways within a lower high for more than two months and then forged ahead. Solana hit yesterday its highest level since December 2021. This works in favor of the bears. This is just a friendly update/reminder to my readers/followers. While Solana hit a new high, this is always...
Hello everyone, let's discuss and strategize for the new day with me! Exiting the discount channel has prompted an impressive price increase for SOL products. At the time of writing, the market is trading at 185.74, marking a gain of 1.13% on the day. The uptrend is strong, as it consolidates at high levels with steady trading activity on the 2-hour...
Hello everyone, let's discuss and plan the SOLUSTD strategy with me! SOLUSDT trading strategy: Overall, SOLUSDT is currently facing resistance at 195.00. At the same time, a significant ascending triangle forms. Theoretically, the price should break the resistance, which would create a false break at the 195.00 level. On H1, the resistance level 195.00-195.00...
Hello dear friends, I hope you're doing well. As you can see, Wave A has completed, and we're now inside Wave B. The structure of Wave B closely resembles Wave 4, with the difference being a throw-over. Typically, it moves within a pattern like a triangle or a sideways range. In this wave, the likelihood of a fake breakout is high. Essentially, it's a wave of...
Greetings, SOLUSDT traders! Today, SOLUSDT has yet to pivot towards an uptrend and continues to indicate potential further declines, still ensnared within its downtrend channel. A new round of decreases is anticipated as it approaches the channel's upper boundary and once again breaches a marked support level. I'm leaning towards selling; what about you? Do you...
Hello, SOLUSDT traders! Are you thinking of buying or selling this cryptocurrency today? From a technical analysis standpoint, SOLUSDT is still navigating through a downtrend, marked by progressively lower highs. My strategy for today leans towards selling, targeting a first stop at $170.00 (the EMA 34 retest level), followed by a second target at...
Join the discussion on SOLUSDT's strategy with me! Today, SOLUSDT continues its noticeable downtrend, maintaining its descent within a declining price channel, currently hovering around $181.21 with a loss of 2.77% for the day. Looking ahead, a short-term recovery could be on the horizon as it receives support at the current price level. Trading with the trend...
Hello, esteemed SOLUSDT traders! After enduring a downturn last week, SOLUSDT seems to be regaining its upward momentum in the early hours of Monday, breaking past the descending trendline. The long-term uptrend remains intact as the bulls successfully defend the crucial support zone around $167.80. With the EMA 34 and 89 indicating stability, the technical...
Greetings, SOLUSDT traders! What's your stance today—buying or selling SOLUSDT? This cryptocurrency is on an upward trajectory after recently retesting the EMA 89. It has rebounded from this dynamic resistance area, reaching $190.28 at the time of writing. Although it's undergoing a minor trend adjustment, there's no cause for alarm. The 0.5 - 0.618 Fibonacci...
Certainly, let's give it a fresh spin: "Greetings traders! 🚀 SOLUSDT is riding the bullish wave this Wednesday, currently orbiting around the $187.00 mark. It's playing a bit of tug-of-war just beneath the resistance at $195.81, but fear not—the solid support at $171.58 stands its ground, promising a strong back-up for our crypto contender. Should this support...
SOL has been forming a bigger symmetrical triangle and is currently hanging just below the triangle's upper trendline. Now is the time to keep a close watch on SOL! If you're looking to trade SOL at the moment, here's a quick setup that you might find helpful! The idea is: Buy when the price breaks above 187$ and take profits at the levels shown in the chart....
Greetings, everyone! SOLUSDT has surged as we predicted, maintaining its upward trajectory today. It's currently facing resistance at $193.14, having gained 1.73% for the day. The $172.19 support level remains a strong foundation for this upward momentum. Should SOLUSDT successfully breach its current resistance, we could swiftly head towards the $210.46 peak, a...
One signal and one signal only, I promise: The last 3D session that closed, 19-22 March, produced the highest volume ever and it closed red after a multi-year high. This is a very, very strong bearish signal. Here is a nice short. Medium-risk as the move is already developing but still good. ------ SHORT SOLUSDT Leverage: 5X Buy-in: $195 - $165 | Cp:...
#SOL Possible Scenario 🤑 I expecting bounce from main trendline. Waiting for breakout of trendline Waiting for breakout of MA. After breakout and retest I will Enter long
In the daily chart, Solana could not sustain the price action above $186. A bullish break-out of $186 will push Solana price towards the key Cryptolean resistance zone of $202-$209 and, possibly, higher to $228.. An inability to sustain the price action above $167 will result in price declining towards $144-$151 the key daily support.
Solana vs ETH at major resistance and we could see Ethereum taking back some marketcap from it's main competitor. In the meantime SOLUSD chart levels are: Main support at 140$ Interim support at 174$ Main target/Resistance at 221 In case of breakout i see new ATHs at 362 News: www.cryptopolitan.com Market reacts positively to Solana’s momentum Solana’s recent...
Dive into the Trading Strategy for SOLUSDT: Amidst the narrowing wedge pattern, SOLUSDT's ascent is taking a leisurely pace, without any groundbreaking leaps yet. However, it's clear that the bullish momentum is being strategically prioritized. My optimism for SOLUSDT's forthcoming surges is sky-high, especially once it triumphantly breaks free from its current...