Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (229.97).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. SOLUSDT is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
Trading 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...
$SOL has pumped more than $ADA in this bull run. It might break its all time high and make a new high near 244.
The second possibility is that it might go till golden zone of the Fibonacci for a healthy correction, following the black trendline.
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...
I am preparing for this scenario, as always great probability this plays out.
If you dont have any Solana after this, You are gonna have a hard time coping lol
* SOL in 4H time frame forms Cup and handle pattern.
* Cup and handle is a bullish continuation pattern that occurs during the bull run.
* If the price breaks its handle resistance near $160, we can see the continuation of the bullish trend .
* Solona is bearish below the handle.
Solana is forming a bull flag in my opinion on the 4H against USDT. The target of the bull flag is the pole on top of the upper wedge structure. That would take us to the blue line at around $206.
I will place a long trade if it breaks to the upside at approximately $172.
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...
Trading 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...
this pattern might turn bearish if it breaks the green arrow neckline 1st support 175 and next s2 > 168
though the trade activates only neck line could not sustain
Sol good hold 20MA in 4hrfrom 70 and bounce from MA20 multiple time .... Now sol again sitting at MA20 if hold 183 level than will see another leg up...
