Time to pay attention, SolanaGoing to take this long with a tight stop, worth a punt.
This is making sense on many levels.
If not, it will get a lot worse before getting any better.
GL
Solana
SOLANA, Why is it so heavy?I think its at the verge of a decision, personally think it is brewing up for a up-move.
Clear invalidation if it were to not play out.
I am heavy in spot. Give me $150
sol analysisthe price is trying to reject the resistance in red
and it has formed a pennant which is not yet clear is it a bull sign or bear sign considering the market where the bitcoin dominance is decreasing
and total market cap is increasing after breaking the resistance we can see a good pump in this coin till 100 and further resistance at 106
happy trading and manage the risk according to market bye
SOLANA: Is it the starting of a stormy wave 3 ?Upon observing we can count five waves up from the inception and a corrective fall forming LL LH from the top. The recent price action suggests that the correction is completed and the crypto is ready to move into the strongest phase of the cycle. If our assumption is correction then the low of 75 is going to be intact and the crypto will be moving up higher in the third wave for a new all time high.
#Sol scalp zone eith sup. & resis. in 4 hr TFSOL bounced after testing the major support of $80 area. SOL give a good upward rally from there. Hoping you added some SOL near the major support area. You can book some profit from the position or increase your stop loss to $125 support. The next resistance is $155 area.
#SOl target achieved provided in afternoon#sol hit all target which i provided in afternoon, its time to trail your stoploss
SOL long idea for a target of 100SOL formed a Inverse H & S bottom pattern. and expecting it to reach at least 100. It got rejected from the trend line resistance area and at came down to support level at 89-88.
OBV gives more confidence in the Inverse H & S pattern.
#Sol scalp zone 4 hr TF with sup & resis#Sol scalp zone 4 hr TF with sup & resis, if you guys have accumulated some #sol in its accumulation zone on my call in previous charts then you are in a profit its your call book the profit or trade your stoploss. if you ask to me whats my plan i gonna trail my stoploss
#SOlANA daily time frame Morning Star on support we found #morning_star on support zone in #solana daily time frame but market is very volatile, don't trade in future but do scalp in spot.
#Sol Scalp zone 4 hr TF, profitIf you accumulate some #solana from my marked zone then you are in good profit as i always said trail your stoploss and keep your stoploss tight in volatile market.
NOW ENJOY
Solana, SOLUSDTThis feels fairly possible.
We have a poor low, lot of liquidity rests there.
Given the macro conditions of the world, this becomes quite possible.
Take the liquidity resting below then a big squeeze to ~$160-170 is what I imagine.
Good luck
solana short if rejected by trend line in 1hr TF bearishsolana short if rejected by trend line in 1hr TF, descending triangle continuation bearish
#solana scalping zone support & resis. 4hr TF#solana scalping zone support & resis. 4hr TF, no call untill market get stable
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!
Solana coin+ 5% move , after formation of symmetric triangle pattern on solana chart (as per last post)
Breakout trading on Cryptocurency (solana) Solana has given a breakout on 1 hr timeframe from here it can go above to hit its first target of 145 and after that second target of 148 we can put stop loss of 140.5
Solana, the elephant in the room!I think there's a high probability, although unpopular, that solana gives a great amount of shaking out.
Only 2 things 2 do;
1. Not get liquidated
2. Accumulate a lot of cheap SOL
NFA, Good Luck!
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.
