Solana can rise to 130-135 resistanceAfter dropping from November's 260 high to 80 low at the end of January, Solana, like all crypto market, has started to recover and now is trading above 100 important figure.
I expect this rebound to continue and we can see SolUsd challenging 130-135 resistance.
I'm bullish as long as 100 holds and dips towards this zone should be bought in search of a good r:r.
A drop under 90 would negate this scenario
Solanausd
Solana Pay makes Solana move upwardsSignals:
Position: Long
Entry price: 103 range
Price Target: 150 range
Indicators:
Fractals: The fractals are showing a bullish trend, as the fractals are showing a red symbol.
Alligator: The alligator open downwards by the end of the 2021 and seen now in February has this alligator started to open upwards.
RSI: The RSI is showing pump upwards to the 40 level and is showing further steam in this cryptocurrency.
Analysis:
The analysis shows strong fundamentals for Solana and this is a cryptocurrency to keep an eye on as it also shows signs of keeping the uptrend in the technical analysis where the fractals are showing a bullish trend is about to start which is backed by the similar movements in the RSI and in the Alligator showing the downtrend stopping reaching its bottom and starting a new trend.
As we have seen in the cryptocurrency market has the market been consolidating and this new announcement from Solana in regards to Solana Pay.
No financial advice
SOLANA 4HOURS CHART ANALYSISHello friends,
solana for sell cause he will see a downward to 172 and then you can enter as a buyer
targets:
tp2: 255
tp3: 373
DISCLAIMER: This is not an financial advice (its my own opinion) Please only invest what you can afford to lose, and do your own research before investing and don't forget after first target reached move ur stop to breakeven (stop loss is part of profit).
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If you have any criticism put it in a comment we are here to learn more from each other and thanks .
SOL : the art of the pamp : expand your expectationsSOL : the art of the pamp : expand your expectations
putting this out there so when it happens i can say i told you so
also gonna sell all my sol nfts at like 700usd, become a jillionaire, retire to my super yacht with several buxom young lasses. here i will hone my dj skills.
remember what happened in 17 with xrp contesting eths 2nd position for like 48hrs... thats gonna happen very soon with sol. or ada. but i think sol.
THIS IS THE WAY
LFG you degens
Solana is correcting a larger move Larger picture first. As you can see its a logarithmic chart but fibbs are on a regular scale. Because that's how its supposed to be what I have learnt and most notable CMT traders and even RN Elliot himself pointed that very clearly.
So we have completed primary wave 1 and now primary 2 which is a corrective wave is in progress. For primary 2 a typical .618 retracement is best to go with but in crypto we see deeper retracements 80-90 % because it's a very new asset class and is in the early stages of price discovery. This primary wave 1 was 82 weeks long. Its very likely that wave 2 will at least be around 25 weeks longs or ⅓ of time taken in primary wave 1 as usually seen. But it could even last longer than wave 1 in time, the only rule is that it should not make a lower low. As of now we are in the 7th week of wave 2 formation which is a very early stage.
So now i have to give evidence for what I claim. As you can see on RSI there are 3 secular tops. Wave 2 RSI lowest reading as usual. With Highest reading in wave 3 as usual. Divergence in 5 as usual and MACD bearish crossover. Wave 1 are related to wave 5. In this case of Solana timewise wave 1 and 5 were both 133 days. In term of price intermediate 1 was 4.48 and intermediate 5 was 247.49. Divide those numbers means wave 5 was 56x of wave 1. Number 56 is is next to 55 and 55 is a 10th fibonacci number. Check the Pic below-
Subwave counts on Log scale Below -
Focus on recent Corrective Price Action
Alternate count
Thanks for reading.
What are your thoughts ?
Happy holiday seasons.
Extreme Chart Accuracy So FarAbout a month ago, I posted this chart showing the exact path I thought Solana would take. So far, it has been extremely accurate. Now is a great time to buy.
SOLANA the last dance- this could be the last run for SOL in this bullmarket, i always liked to stay preservative in my predictions, but SOL was something...
- if you stayed with me from the start when Solana was a few bucks, you already made a bunch of money, so don't be greedy and trade wisely.
- now Solana went down and retraced for a long period of time, because after touching the moon, it takes long time to come back.
- i will link in comments my SOL most interesting older analysis, i recommend to check them all to understand older moves.
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Trading Plan
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Buy zone 1 : 170-160$
Buy zone 2 : 159-145$
TP1 : 295-325$ ( Security TP )
TP2 : 450-500$
SL : under 120$
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Stay Safe and always follow TheKing for safety!
Happy Tr4Ding !
Solana: Finally Made It 👏 Solana has finally managed to touch upon the upper edge of the magenta-colored area between $129.9975 and $55.6400. Although it has shied away from entering it so far, we still expect the price to go lower and reach our provisional yellow trading-zone within the magenta area. There, wave in red should end and offer an attractive entry opportunity. Afterwards, we look forward to Solana taking off again and aiming for the resistance at $259.
However, if it decides not to linger below the $178 mark, there is a 25% chance that Solana could go for $259 earlier already.
SOL, mid of the range is broken, follow these scenarios!In the last idea, we marked the mid-range level.
Which acted as support. We said that in case the middle of the range was broken down, there would be a continuation of the fall.
Which it did.
Now we can mark the trend line and lower limit of the trading range.
- In the case of breakout the trend line, there may be a good buying opportunity.
- In case of a false breakout of the level of 220$, there could also be a good buying opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
solusd to 175-180 from here.Hello traders, solusd is currently at the golden pocket area of fibonacci, previously the price bounced from this area up to 94%. For long term traders, you can hold till it reaches the last high but for short term, take profits at 175-180. You can also set a buy limit at 104 but its unlikely that the price will go down to 104 level. Remember always buy in parts. The trend has exhausted and its due to move up. I also drew a trendline so thats an another indication. Not a financial advice, have fun guys and hodl ;)
Will Solana get his original price back?I predict Solana's currency will have an upward trend to $ 128. From $ 128 to $ 180, the upward trend can start again and the next drop is up to $ 146 and again we will see a short profit up to $ 169 and again a downward trend up to $ 130. We have from $ 130 to $ 219 can give a good profit to the buyers of this code and this period will last 81 days from the point of view of my analysis. put
I will do my best for you to achieve the best benefits and my name will be in your language everywhere in the world and introduce it to your friends. Thank you very much.
Solana Analyze (Counting Waves_Double Zigzag Correction)!!!😉What is Solana doing these days? although Grayscale added Solana to its portfolio . I have a suggestion for you, if you want to add Solana to your portfolio please read this post and do not forget to ✅ like ✅ it.
Solana Analyze ( SOLUSDT ) Timeframe 8h ⏰ ( Log Scale )
Location 🌊( Long term ): about the location of Solana , please read my post with the topic '' Solana Analyze (Road Map)!!!🗺️ ''
Location 🌊: Solana passed microwave 5 of the Main wave 3 by the ending diagonal pattern and then it has started the main corrective wave A from 260$ . The corrective structure of main wave A is Double Zigzag Correction . I tried to show you the end of the main wave A zone . Probably the end of wave A will be at my ⏰ TRZ ⏰ ( Time Reversal Zone ).
The end of the main wave A 🎯 Zone 🎯 :
Target🎯 : 142$_137.8$
Target🎯 : 117$_113$
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅ 'like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
Solana strong predisposition to growthSOLANA has one of the strongest price rebounds of many other cryptocurrencies after the BTC correction stopped, this is a very good sign, it shows that SOL has a strong predisposition to growth, if in addition BTC changes the main trend to growth, SOL can gain a lot, much more than other cryptocurrencies