Solana's Magic Eden, a non-fungible token (NFT) marketplace, has seen a surge in trading volumes, dominating the Solana ( CRYPTOCAP:SOL ), Ethereum, and Bitcoin networks. This surge comes as total NFT volumes have dropped in the last 30 days. The platform has surpassed NFT marketplace Blur on Ethereum, with its market share increasing to 41.39%. On Solana (...
Hello traders. I hope you doing well. These areas are based on my personal strategy and I will share it with you. Open a sell position on the supply area or open a buy position on the demand area. Your entry point, stop loss, and target point are based on money management and the amount of money in your trading account. But I promise you that by trading in the...
Trade setup : Price is in an Uptrend. Pullback near $160 support and long-term up trendline ($143) could be an attractive swing trend entry in Uptrend, with +25% upside to $200. Stop Loss (SL) level at $140. Pattern : Pullback in Uptrend . Price remains in an Uptrend but has pulled back, which could present a 'buying dip' opportunity. Traders should look for...
With the resurgence of memecoin mania, Solana also received significant momentum. The bulls used all their strength to keep the value above $180 but the growing bearish strength caused a notable pullback. As a result, the SOL price is consolidating strongly within a narrow range of $163 to $172, indicating the possibility of a large move ahead. While the crypto...
📊 In our latest video, we delve into two SOL (Solana) options: a strategic entry point for dollar-cost averaging if you’re accumulating SOL, and an intraday trade concept tailored for active traders. As usual, the video provides insights on my trade entry points, trend analysis opinions, market structure, and price action. Remember, this content is educational in...
#sol #solana price needs to reclaim the trend line zone, therefore #solusd will perform a bearish retest. Unsuccesful retest will likely bring a dump or reclaiming the zone will invalidate.
Trade setup : Price is in an Uptrend. Pullback near $160 support and long-term up trendline ($143) could be an attractive swing trend entry in Uptrend, with +25% upside to $200. Stop Loss (SL) level at $140. Pattern : Pullback in Uptrend . Price remains in an Uptrend but has pulled back, which could present a 'buying dip' opportunity. Traders should look for...
Solana, SO FAR, has been following in the same path as ETH 2020-21. This DOESN NOT mean it will continue. It will likely deviate in it's own way but so far, it's very similar. $700 - $1000 is not too entirely off the table. $777 is my personal target. NFA. I will keep this updated as we go and will show when or if we invalidate this altogether. No panic either...
Solana (SOL), a prominent blockchain platform known for its fast transaction speeds, faces a hurdle in its current price uptrend. Despite a 5% rally on , on-chain data suggests challenges that could hinder SOL from decisively surpassing the $190 resistance level. Let's delve into the factors contributing to this hesitation. Resistance at $190: A Psychological...
COINBASE:SOLUSD SOL is flashing some bullish signs on the indicator and it seems that we're gearing up for another move towards the upside. This is the indicator that I used to call the new BTC bullish cycle in November last year, as seen below: In 3 short minutes, we'll discuss the functionality of this technical indicator and why it's really helpful when...
If you have been following me, you know I have been tracking CRYPTOCAP:SOL since $8 CRYPTOCAP:SOL does everything CRYPTOCAP:ETH does, except at instantaneous speed and 0 transaction fees ( CRYPTOCAP:ETH takes 10 seconds+ and costs $10+ each transaction). I have been following this CRYPTOCAP:ETH fractal since $8 on CRYPTOCAP:SOL (see prior posts). We...
🔄This post is in line with the "🗺️ Solana Roadmap 🗺️" post that I shared with you a few days ago( in a daily time frame ). ⏰In this post, we go to the lower time frame to check the Solana(SOL) . 🏃♂️ Solana(SOL) is moving near the Resistance lines and 🟡 Potential Reversal Zone(PRZ) 🟡 in the 4-hour time frame . 🌊According to the theory of Elliott waves ,...
Sol is looking very eye catching and bullish. Did C H o C H and turned bullish, Which legup move caused C H o C H is important so we will look for order block and fair value gap. As marked on the chart. Main reason for trade is bullish trend with OB+FVG+SSL.
CNBC's Brian Kelly, a crypto investor and "Fast Money" trader, recently ignited a debate by suggesting Solana (SOL) could be the next cryptocurrency to get a spot exchange-traded fund (ETF) in the US. While this news might sound bullish for SOL, the decision to "go long" – meaning buying and holding for a price increase – requires careful consideration. Here's a...
#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 is losing short term support and it's going to retrace till the support area at $163-167. I think we could probably see a flash crash till there and next a fast pullback that could lead the price to new local top. I am targeting the resistance level at $200
#sol #solana chart has formed ascending megaphone channel for days. A tiny deviation is occuring, but with today's news will bring #solusd price to 200$ (top of the channel) or cause a dump. Not financial advice.
In this video we cover two SOL (Solana) options, an entry point if you are looking to dollar cost average in as an investor, and a scalping and or intraday trade idea if you are looking to trade this. As always the video covers my trade entry points my opinion in terms of the trend, market structure and price action, and as always this information is educational...