Solana
#Crypto #Cryptotrade #Cryptosignals #Cryptotrading #SOLANASOLANA
On daily Chart, Rounding bottom formation with descending triangle BO
& Also Resistance level BO and now retracing
With all these seems to bet on Uptrend
If 120 levels sustain then buy for targets of 135-150 in short term
Chance are thr it may further will correct upto 100-110 levels, good to add on that levels also
If downtrend continues then exit at 100 levels.
Also trail SL to maximize ur profit.
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
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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 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 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!