#Solana is currently in a favorable position, trading above $78 against the US Dollar. A potential substantial upswing for SOL might be on the horizon if it manages to surpass the $100 resistance level. In sync with the overall bullish sentiment in the cryptocurrency market at the start of the week, Solana appears to be in alignment with this trend. However, it's...
This currency is in an upward trend, so we can consider the strength by rising. For safe entry, after the price break of 80 dollars, we can start buying, the future target is clear. The most important support range of this currency is at $65. Possible growth for this currency is up to 6%
#Solana: Reflecting on a Regretful Trade 😔 I sold too early, around $42 – a common mistake when chasing market highs and lows. I've learned from past errors, especially in the last bull run, and won't repeat them. So, what's the best move? Hold onto your coins for the next 18 months. Skip the 4-hour and daily charts; focus on the weekly and monthly, zooming out...
🟢 SOL - 4H Just toying with this SOL long idea as I see a bull flag here - took small long at 68.742 and will add to it at 66.742 if given. I will target 72.000 (just before the 4H local resistance). Idea invalidates at 62.541 because if this breaks then next buy zone is around 54.000 😆 Let's see how we do - high risk so using low leverage and low margin.
Solana reports a terrible climb during the weekly time. Make sure that if we get past the $80 resistance, it will be uproar.
Last long trade order could not be filled as the price moved further up without coming to our buy zone. However, now there is another opportunity for a long trade on this pair. The price broke out through daily resistance and now it is retracing . Currently it is visiting 4h support 4HS1 and I expect it to bounce. The target of this trade should be close to the...
An analysis of Solana (SOL) suggests key insights related to consolidation, resistance, and potential scenarios in the market. Key Insights: Current Price: SOL is observed to be at $75. Stoch RSI: The Stoch RSI on the daily timeframe is noted as oversold. Consolidation Expectation: The analysis anticipates SOL to consolidate around the current level for a few...
Here is another idea for long on this pair. The price has been rejected by the daily resistance DR1 and it was pushed down hard a while ago. That was a good long opportunity as the price bounced really well. However, that bounce met the daily resistance DR1 again and it is again being pushed down by the daily resistance DR1. There is 4h support 4HS1 sitting below...
The price has visited 4h support 4HS1 and has alrready bounced from there. This support zone 4HS1 presents a long opportunity towards the next resistance 4Hr1. Any dip to the zone is for the buy towards 4h resistance zone. If it manages to break 4Hr1, then the next traget would be daily resistance DR1. In case it breaks down from 4HS1, the next support level is...
Since it touched 63.7 I calculate these 4 scenarios . I'll be glad if you share your opinion on which is more plausible. Thanks in advance
Here is a long trade idea on lower time frame. The price may head towards the low time frame support which when realized, will present an opportunity for a long trade. The target of the trade should be the top of this low time frame range which is around 71.25.
Another one with impressive movement in the last few months. The price has been moving upward for several weeks. Currently it is facing some pushback but there is nothing dramatic as of now. It looks like the price is headed towards the monthly resistance MR1 on the way up. That resistance zone is sitting around 100-125 area. I expect the price to pause or...
SOLUSDT shows upward movement post breakout and retracement, aiming for $80 target. Alternatively a potential dip to the Fibonacci .5 level might occur, with the rebound anticipated from that point. It is essential for traders to monitor the market closely and be prepared for both bullish and bearish scenarios. SOLUSDT (4h Chart) Technical analysis SOLUSDT (4h...
12h time frame - SOL is creating a potential cup and handle pattern, which is a continuation structure. The handle part hasn't been completed until breaking above 65.5, but we can set up a trading plan here that provides nice risk to reward ratio around 2.7. TP: 79.8 SL: 58.79
Predicting the future value of any cryptocurrency involves numerous variables and uncertainties, making it a speculative exercise. However, I can outline a hypothetical argument for Solana (SOL) reaching $200 USD by 2028, taking into account potential factors such as the Federal Reserve's interest rate releases in 2024. 1. Technological Advancements: Solana is...
CRYPTOCAP:SOL approaching fibonacci support near triangle support, this is a good opportunity to enter bullish market. we can set 3 different target, at triangle resistance, fibonacci projection and triangle projection My trading today : Buy now around 60.163 Pending buy at 58.390 close 50% position at 65.451 close 25% position at 71.000 close 25% position at...
Breaking the resistance zone. It is pulling back to the resistance zone. Meanwhile, it is moving in a medium-term ascending channel with the change of slope, which is still available as a target if it is supported and confirmed by the candlestick.
I wanted to bring your attention to an exciting opportunity in the cryptocurrency market, specifically regarding Solana (SOL). Based on recent market analysis, it appears that SOL is poised for a potential breakout. Several key indicators suggest a favorable outlook for SOL's price movement. Firstly, the Relative Strength Index (RSI) is currently in a neutral...