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SOL

Solana UpdateHey everyone, Here is a short analysis on SOL, I'm still bearish. Here you can see that the price is ranging between -0.618 to 1.618 of the Fib Channel. It has been rejected by the 0 level of the Channel. To learn how to make the channel, read my previous idea through the link at the end. Forming lower lows and lower highs on the four hourly chart. Perfectly following the lines of the channels. Let's check the Pitchfork on AVAX too. It got rejected from the median line. I have marked the demand zones, they might be our targets. What TradingView says? TradingView has some awesome features which can give you technical analysis on any crypto, forex and stocks chart. Check the photo below to get an idea. This image is showing an excessive bearish pressure. This analysis is done by oscillators and MA. There is another cool feature which can give you the pivot points. How to trade pivot points? Whenever a pivot points is coming, you can set up a trade order for the opposite side at the price of the pivot points. Usually, whenever the prices hit the pivot point, they take a pullback on smaller timeframes. You can earn easy profits on these pivots. Hope you like the idea Goodbye for now, trade safe!
Short
by theTAguy
Solana Price Prediction: SOL’s Recovery Depends On The 200 SMAWith the exemption of a few selected cryptocurrencies in the green on Friday, the entire cryptocurrency market continued to wade in deep-sea waters, unable to stay afloat. Solana’s downside potential was impossible to contain at $150 and $144, resulting in another flash drop below $140. Meanwhile, TRON had slipped below $0.07 bringing the accrued weekly losses to $11.5% according to CoinGecko. Solana Briefly Holds The 200-day SMA Support Investors have quickly come to the realization that the downside potential was far from being exhausted. A break under $144 catalyzed more losses as people offloaded more of the token, perhaps to invest in more stable assets now that COVID Omicron was spreading like wildfire across the world causing mayhem. The 200-day Simple Moving Average (SMA) was in line to provide SOL with the much-needed support to possibly prevent losses from stretching further. As elucidated in the daily chart below, Solana’s downtrend has been following a descending parallel channel. Since the middle boundary already gave in to the overhead pressure, the focus shifted to the lower limit of the channel. If the 200-day SMA caved, this line of support would come in handy but if push came to shove, SOL may break down below $124 and head to $100, respectively.
BINANCE:SOLUSD
by CryptoChartMagic
Solana, The way of the Future.If the bull market is to stay, this is one of the best time to be loading up on cheap Solana. Prices are down >50% and majority is in panic, 'derisking', or busy making narratives about FEDs and inflation. Trade the charts not opinions. SOL is ideally on it's macro 5th wave. It's clear as a crystal. So if it were to print that impulse and this really is whales loading up (they are), then this would look something like this chart. If not, lose/tap $100 and this perspective goes out the window and price nukes another 50% Sell all bounces after that, if at all it happens. Until then; HOOT HOOT ARE YOU IN?? NFA, GL
Long
by Degengambleh
2
💡Don't miss the great buy opportunity in SOLUSD  @solanaTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (218.86). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . SOLUSD  is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 74. Take Profits: TP1= @ 236.00 TP2= @ 270.00 TP3= @ 280.00 TP4= @ 300.00 TP5= @ 320.00 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
10
💡Don't miss the great buy opportunity in SOLUSDT @solanaTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (150.48). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . SOLUSDT is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 49. Take Profits: TP1= @ 164.54 TP2= @ 175.26 TP3= @ 183.68 TP4= @ 195.52 TP5= @ 213.87 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
BINANCE:SOLUSDLong
by ForecastCity_ME
4