SOLANA Expected move (SMC)The recent increase in cryptocurrency has resulted in a bullish trend persisting for several days now. By examining the 1-hour chart of SOLANA, we identify an area of high demand where we can strategically plan a long trade. To ensure greater certainty, we can transition to a shorter time frame after addressing the Order Block and carefully evaluating CHoCH.
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Solana
SOL/USDT:-A Bearish Swing leading to Long-Term Buying ?SOL/USDT:- Anticipating a Bearish Swing for Long-Term Buying Opportunity
Introduction:
In this SOL/USDT technical analysis, we'll delve into the current market conditions, potential price movements, and identify an attractive long-term buying opportunity within the cryptocurrency pair.
Liquidity Swipe Area:
Our analysis suggests that SOL/USDT may experience a liquidity swipe area around the $20.620 mark. This area could act as a pivotal point where price manipulation traps buyers before a potential fall.
Anticipated Price Decline:
We foresee SOL/USDT's price declining to the range of $12 to $14.
Traders may consider this potential dip as an opportunity to capitalize on short-term moves and manage risk accordingly.
Long-Term Buying Opportunity:
For those with a long-term perspective, the $12 to $14 price zone holds promise as a buying opportunity. Cryptocurrency markets are known for their volatility, and strategic accumulation in this range could position investors for substantial capital gains over time.
By keeping a watchful eye on these key levels and executing well-informed trades, you can navigate the dynamic cryptocurrency market with confidence.
SOL/USDT: Inverse Head & Shoulders Sparks Bullish Buzz!💎 Hey Paradisers, let's shift our focus to SOL/USDT. On the 1-hour chart, it's shaping up an inverse head and shoulder pattern, hinting at a possible bullish turnaround.
💎 Should SOL/USDT successfully breach the neckline and overcome the 26.06 supply barrier, we could be in for an upward ride with potential resistance levels at 27.22, 28.47, and 29.09. But, if it struggles to break out and slips below the critical 23.91 level, this pattern might lose its validity.
💎Stay sharp and trade smart, ParadiseSquad!
SOL/USDT:-Potential Bullish Reversal , Price Tests Key Support ?
In this technical analysis, we'll examine the recent price action of SOL/USDT, focusing on crucial support and resistance levels.
Buying Area and Expected Price Movement:
SOL/USDT has found notable support within the range of 23.50 to 24.
Traders should closely monitor this range, as it presents an optimal buying opportunity.
Bullish Signal Confirmation:
A significant sign of bullish strength is the scenario where the price breaches the lower boundary of the range, only to be reclaimed by buyers shortly afterward.
This suggests strong buying interest and the potential for an upcoming bullish reversal.
The SOL/USDT technical analysis suggests a potentially bullish scenario as the price tests the critical support range of 23.50-24. Traders should be watchful for a bounce towards the 26-27 levels. The bullish strength demonstrated by the price reclaiming the lower boundary of the range further supports this anticipated reversal.
Follow our TradingView profile for more insights into SOL/USDT and other trading opportunities.
SOLANA into Falling Wedge Pattern#SOLANA at 2hr. Chart Analysis
As per present movements of CRYPTOCAP:SOL under dual mode of Falling Wedge Pattern, its again completely Bullish to break-out pattern after completion of chart and goes towards $30k soon again in this month up to 25 to 27 July.
Whenever CRYPTOCAP:BTC goes down, it's last cycle of downtrend complete and after that it will be into bullish trend for another time break-out of $30k to reach at $32 to $35k mark.
Always #DYOR and Trade Wisely by using #StopLoss, It's #NFA
And,
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SOLANA - Bullish Pennant Pattern#Solana 4hr. Chart Analysis
As per present movement of CRYPTOCAP:SOL into Bullish Pennant Pattern, Sonn it will be cross out last target of $32 and set new mark of $35-37 this time before take another downtrend cycle towards $30k again in this month,
At present volatile situations, Whalers trying to manipulation on market, so that if market goes in Dump-Pump conditions again, then charts pattern and time will be change, but price will be up and down at this same pattern style.
Always #DYOR & Trade with using of #StopLoss
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SOLANA - Schiff Pitchfork PatternSOL 1-hr. Chart Analysis
Basically, Schiff's Pitchfork have three lines, and each line starts from one of the pivot points. The lines are called the UPPER LINE (UL), the LOWER LINE (LL) and the MEDIAN LINE (ML). The pitchfork is intended as a quick and easy way for traders to identify possible levels of SUPPORT & RESISTANCE for an asset price RANGE.
This cycle of Trend-Line i check out from 1st july to 10 july for CRYPTOCAP:SOL Supoort and Resistance signals of 18, 19 20 to 22 dollar price ranges. It indicates that soon it will be reach out again their lowest support mark of $18 price range within next 24hrs.
Always #DYOR & Trade wisely by using #StopLoss
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SOL / USDT WILL TOUCH HIGH ?Solana, SOL could hit $6.59 in 2023
Solana’s price prediction for the most bearish scenario will value SOL at $16.03 in 2023
Solana’s previous All Time High was on 7th November 2021 where SOL was priced at $259.96
Solana’s price at the same time last week was $20.57. It has moved by -3.91% in the past week and is currently at $20.04. Infact, in the past 24 hours, SOL has dumped by -7.04%. There is a slight bearish sentiment in the crypto market. The long term sentiment, however, remains bullish and SOL could hit $39.14 in 2024.
The total circulating supply of Solana as of writing this article was $397607780.16 and the marketcap of SOL remains at $7,970,200,997.
THIS IS SOLANA TETHERUS.On 4H as you see after every BOS I marked an POI to captured a good trade. As you see second POI is Mitigate with BIG RED CANDLES. Now it's time for long 1:3 If I booked with loss means if I exit market after touched of SL or price crossed my SL and went DOWN then there is my first POI which I already created.
First HIGH @26.869 with small body and big wicks.
Second HIGH @27.150 with small body and big wicks and got rejection from that area.
LETS SEE IF ITS WORK'S OR NOT!
CORRECT ME IF I'M WRONG!!!
Top 4 coins which have outperformed BTCBitcoin has increased by almost 48.97% in the year 2023. Let us have a look at the top 5 coins (based on market cap) which have outperformed BTC (we have not considered meme coins for our analysis).
1.Cardano (ADA)
YTD(%): 61.63
Price is currently moving within a range (0.385-0.421).
25% upside movement can be expected if price breaks above the range with 0.527 level acting as resistance.
Bearish RSI divergence has formed, thus, keep an eye on price movement.
2. Polygon (MATIC)
YTD(%): 86.26
Price moving within parallel channel.
21% upside movement is expected with resistance at 1.72.
If price breaks the channel, support can be found at 1.153.
3. Solana (SOL)
YTD(%): 150.57
Price is currently moving within a range (19.7-26.75). 56% upside movement can be expected if price breaks above the range with 38.95 level acting as resistance.
If price breaks below the range 14.9 level will act as support.
4. Polkadot (DOT)
YTD(%): 68.71
Price is currently trading near support (7.13 level). 10% upside movement can be expected with resistance at 8.06.
Bearish RSI divergence has formed. If price breaks 7.133 support with high volume, we can expect it to find support at 6.02.
Note: Studies are for educational purposes only.
We will not be responsible for any kind of your Profits & Losses.
Solana will bounce backHere solana took support from important support and then move upward.
Now after hitting resistance or may it will break just to trap people but you need to wait for another bounce at 14.589 something.
Instead of marginal trading, I will suggest put normal money and wait for 1 year to get 10x returns.
SOLANA- One Last Ride! (SUB $20)Are you guys ready for the final breakdown? Its gonna feel the most brutal of all and many final believers will be pushed out.
I know I am speaking in certainties, but I gave it a good chance to show it's bullishness, but it failed.
I have good confidence and reasons to believe that this has a GREAT amount of odds of playing out!
Stay wise, prepare for the worst, should not hurt.
Good Luck! See you on the other side! :D