The R2 range is a daily resistance range According to the acceleration of the last break of this range downwards and Such a decrease in the upward acceleration in the time of 4 hours, we can expect the price to fall after entering this range.
After correcting 44% following its new high on March 18, the Solana found its bottom at $117. It is now back on the rise. It has retraced into its OTE zone and recovered large areas of liquidity. I'm long the Solana, with a first target at $176. I think it's within reach by the end of the month. Feel free to subscribe and boost this post if you enjoyed my...
BINANCE:SOLUSDT Observation: Broken from above of the hidden trend, expecting to see a small continuation to the downside, and then from there we will see a reversal with a good strong bullish momentum that will take us back around the price of $170.
A rising wedge is a bearish chart pattern in technical analysis. Here's a brief overview: 1. **Formation:** - A rising wedge forms when the price consolidates between two upward-sloping trendlines that converge towards each other. - The upper trendline connects the higher highs, while the lower trendline connects the higher lows. - The slope of the...
Entry price 158 Stop loss :161 Target 150 Making divergence and it making double top in 1hour pattern
Solana next prices: $173.03, $173.55 $177.27 New support over 1st week of April= $182.27 Follow by $187.04 $197.23 We will have a mid Retest as $197.23 will create a bearish price. Then a new support over 1st day of April = $198.89. First Distribution price for Accumulation Stage. $209.45, it may arrive at $211.24 to also support week 3 of the March....
SOLUSDT trading strategy for today: SOLUSDT is currently continuing its consolidation after hitting a high of 155.85, with a slight decline of 0.62% on the day. Despite the price decrease, the price uptrend is still maintained stable within the 2-hour time frame. On the short-term side, the support of the bulls is still very strong, as shown by the EMA lines 34...
SOLUSDT is a clear downtrend and it is a very strong one at that, we have our break of structure and retest to mitigate the imbalance and we going short
📉Hi Traders, Investors and Speculators of Charts📈 SOLANA is on the list of my top 20 altcoins to watch in 2024. From a macro chart perspective, I'd like to point out a large-scale fractal that I'm labelling as the "drop-and-pop". What we observe here is 1)accumulation phase followed by 2)first impulse up after which we se a 3)correction and then finally...
SOLana broke down the upper trend, looking bearish right now. Time to open a short position. Target 140$ 100$ 50$
Please review and leave a comment for Daily trading plan for BTC and SOL. I am viewing Daily and Hourly trading patterns
I am also confused about what problems might arise in SOL. But the technical chart on the daily time frame is indicating that SOL will crash in the coming time and could go below $50. I would be happy in the future if my analysis proves wrong. But if you are long in SOL futures or margin, you should definitely reconsider this once. SAFE TRADING.. SOL IS NOT SAFU..
The daily chart for Solana (SOL/USDT) displays a retracement following a strong uptrend. The price has formed a peak around $210.18 and has since pulled back to current levels at $153.36. The first resistance level (R1) is now at $184.67, which could act as a ceiling for any upward moves. The next resistance level (R2) is at $211.52, just above the previous high,...
The end of the rise and the beginning of the descent until the support of 80
Overall performance rank (1 is best): 17 out of 39 Break even failure rate: 12% Average rise: 43% Throwback rate: 67% Percentage meeting price target: 69% The Adam & Eve double bottom pattern is a bullish reversal pattern that has been identified on the SOL Intraday price charts. Initially, SOL experienced a sharp decline from $180 to $155, forming the 'Adam'...
📉Hi Traders, Investors and Speculators of Charts📈 Solana has made some great increases, and it's retraced back to support levels. By looking at the Drop-and-Pop fractal we've been watching, we can conclude tat for the short term, the support zones should hold at $140, with wicks as low as $120. We can also take a look at moving averages to get an idea of...