#sol #solana price has broken down the trend line and had bearish retest, then failed to reclaim the trend line zone. #solusd may have test the trend line resistance (formerly support zone). If hard declines occur, daily ichimoku cloud bottom is the support zone. Also this ~144 #usd zone is the historical support zone. Not financial advice.
From where the red arrow is placed, the SOL correction has started. The correction looks like an ABC and wave B is a diametric. Where the green arrow is placed on the chart, the SOL diametric starts. It seems that we are now in wave F of this diametric. The green range is a strong support range. Closing a daily candle above the invalidation level will violate...
SOL ~ 1D #SOL Make purchases gradually in this pattern, with a minimum target of 20%++
📊 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...
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...
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...
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 (...
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...
PayPal USD ( SEED_DONKEYDAN_MARKET_CAP:PYUSD ) has gone live on the Solana blockchain, marking a significant expansion beyond the Ethereum ecosystem. This collaboration between PayPal and Solana ( CRYPTOCAP:SOL ) offers millions of users guaranteed access to the token with guaranteed speed. The integration allows PayPal to leverage Solana ( CRYPTOCAP:SOL ) and the...
Looking at the Logarithmic chart, LSE:ORCA seems to have been at a down trend since January 2024 after doing a 10x in just 63 days. The coin seems to have been going through a decent correction for the past 140-160 days. Pulling up the Fib retracement we see a clear bounce off of the 50% level(log scale) which gives an indication that the correction is coming to...
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 (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...
🔄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 ,...
Solana's Phantom Wallet, a popular app for accessing Solana's web3 ecosystem, has surpassed Facebook and ChatGPT in the Google Play Store's U.S. rankings. Currently ranked #11 behind Cash App and Snapchat in the free download category, it saw an estimated 770,000 downloads in April. Phantom Wallet, originally designed to hold only Solana ( CRYPTOCAP:SOL ) tokens,...
FTX's bankruptcy estate has completed the sale of $2.6 billion worth of Solana ( CRYPTOCAP:SOL ) tokens at significant discounts. Figure Markets and Pantera Capital were among the latest buyers, acquiring a block of 800,000 tokens for approximately $80 million, equating to about $102 per token. Solana ( CRYPTOCAP:SOL ) is down 3.3% on the day. Pantera Capital also...
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...
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...