If the 4h candle closes below the trend line and support with great volumne we can expect to go 89. Feel free to comment Like if u like
Not an financial advice Its my first idea abt solana If anything wrong about my analysis please tell me Like if u like Green-weekly S/R Yellow-monthly S/R
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
With 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...
I think solana is capable of reaching 208-209 level looking at the 4hr time frame as it is in an ascending channel. On the daily chart, although it is doing fine having passed the support 194.27, low volume is still a concern. If we see some volume pump, sol can reach the 218-220 level according to fib retractment. P.S.- I am a very novice trader who has started...
After the recent fall , Solana is at the daily demand zone followed by 50EMA and trendline confluence . A good buying zone would be around 197.5 , SL below the hourly low at 176
We will have to wait to see how candle touches the resistance at $250
#-The Analysis is based on personal Knowledge of technical analysis , Please Do Not Take It as a Financial Advice, And Always Do Your Own Research. #1 Solana Just Gained New ATH 219. 05 $. #2 Solana Is now moving in an ascending parallel channel . #3 Three Important Supports are:- Support 1 = Around 152 $ Support 2 = Around 180 $ Support 3( Or may be resistance...
FTX:SOLUSD Can give good move on either side. Simple trade setup is mentioned on chart. Please refer below charts. If we apply FIB RETRACEMENT on recent uptrend then we can see that it took good support from 61.8% level range.
#-The Analysis is based on personal Knowledge of technical analysis , Please Do Not Take It as a Financial Advice, And Always Do Your Own Research. #1 Solana Just Gained New ATH 219.05 $. #2 Solana Is now moving in an ascending parallel channel. #3 Three Important Supports are:- Support 1 = Around 152 $ ...
Solana has had a spectacular run in the past 2 weeks. However, the price might correct a bit for a pullback as it is near a supply zone. The XABCD bearish Gartley and Bat patterns had set a supply zone above which the price is struggling to sustain on the weekly chart. As we can see there's a bearish divergence developing on the RSI chart, i.e., the price is...
As you can see the Solana is gonna hit its all-time High. For reference check out the Fibonacci retracement path of SOL. Next target 216$, If this point breakout, SOL could stand to create a new bull run path
SOL has been following 7% increase for 2 days now, like in its previous bull run, it might increase daily at 7% or its multiples, corrections will ofcourse be there.
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (134.33). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . SOLUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic...
solano broke its intermediate trendline, if we draw fib retracement from recent high and low we can see it retraced from 0.5 levels two times it was like a double top formation as well currently it is consolidating in a short channel, it can be the inverted pole and flag pattern the prices seems to be mean reverting towards the 50ma on daily chart it is also a...
This is what I see on SOL right now. Correct in 90's then go for 150+
Consolidating ABOVE 6h demand, MSB, 4H OB should provide a nice entry. RR=9, lets do this!