reminds me of Tech Stocks and Late Buyers in innovation where the early adopters quietly sold on the way to the top while PUBLIC has always been FOMOED into buying in - Back Tested and Traded for reference
Ignore the ABCDE count if you wish to, lets just focus on the liquidity and sideways formation while looking at the trend. The safest of plays would be the first break of either range and it can still lead to a 30% move on the breakout/breakdown. This setup alone is enough to print in May.
On the hourly timeframe, we can see that EMA50 is acting as resistance If we can't get above 148 to 150, we could see SOLANA dropping to 128 (first level of support) Lose 128 support, then we might fill the down wick and hit $100
According to the previous analysis, now with more than 110% growth since the time of the analysis, which is in the ascending wave 5, it can continue until the area of 2.618 or the next supply area of this extension of the wave, which will reach the major ceiling area, which is an important supply area. It will be and after that I expect a correction wave after...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📉 After rejecting the $200 round number, SOL has been bearish as a correction phase. 🏹 The $100 - $115 range is a massive demand zone to look for buy setups and capture the next bullish impulse movement. 📚 As per my trading style: As #SOL nears the demand zone, I will be...
📊 Due to the decrease in the downward momentum of the price movement, if the support of 135 units is maintained, the price may increase to the range of 160 units🎯, and in the case of strength, the range of 175 units🎯🎯. 📊 Otherwise, the price may fall to the range of 125 units.
Hi Realistic Traders, let's delve into the technical analysis of BINANCE:SOLUSDT On the Daily timeframe, the price has ascended above the EMA200 line, signifying a robust bullish trend. Recently, it has formed a bullish chart pattern (symmetrical triangle) and breached the upper trendline. Such a breakout typically indicates the continuation of a bullish...
Solana Break Down For Demand Last Time Solana Break Down For Demand Last Time Solana Break Down For Demand Last Time Solana Break Down For Demand Last Time Solana Break Down For Demand Last Time
Solana had made a nice resistance zone near $160 where we had so far 2 full rejections and 1 smaller one (at the beginning). We are now monitoring the EMAs that are trying to perform a change of trend, which would mean a nice movement to lower zones towards our target line (red). Swallow Team
Solana successfully break triangle to up and accumulated down liquidity and now going up for accumulat up liquidity. Tp1 = 237$ Tp2= 279$ Tp3 = 300$
Sol is looking good after a much needed retrace. Currently at a strong support with the 100ma supporting. Expecting a bounce. Keep a tight SL if we loose this level on the daily we will most likely visit 127 again. TP1 170 TP2 200 SL: Daily close under support under +/- 140 R:R 12.5
Time for Solana to make a major retracement. It is my prediction that the buy zone will be between $79 and $114 if you are viewing things on the weekly time frame. I'm happy to hear from folks if you think I am wrong, and if so, please provide links to other charts or provide information to discredit my idea. All the best. Thank you.
💎 Paradisers, #SOL is indeed a coin worthy of close observation. 💎 Its successful breakout from the descending resistance is a bullish signal for SOLANA. However, there's a potential for price retracement to the demand area around $145 before resuming its upward trajectory. 💎 Confirmation of further bullish movement would require SOL to breach the bearish OB...
Major rejections of downtrend. As per Fibonacci 0.5 golden zone rule. I will wait for breakout of today high and but trade for long.
#SOL We have a bearish channel pattern on a 4-hour frame, the price moves within it, adheres to its limits well, and is expected to break it upwards in a strong manner. We have a green support area at 120.00 We have a tendency to stabilize above moving average 100 We have a downtrend on the RSI indicator that supports the price higher Entry price is 145.00 The...
Solana (SOLUSDT) is now trading below EMA10 weekly but we are going to be looking at a different signal right now, one that came out recently before last week's drop. Whale alert! — Whales are moving around billions of dollars worth of SOL. 👉 Transactions in the tune of $817M (2x), $782M and $682M are exchanging hands right now and the last time this happened...
On the daily timeframe there is an impulse correction impulsive phase I'm expecting solana to buy a little bit before a big sell
it the Bulls month may; possible retracement 137 and then start to gain back it bullish momentum just my bais opinion an upward movement to 165 is possible... but lets see how this plays out #fingerscrossed #breakpoint