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Solusdtlong

SOLANA (SOL) USDT PERPERTUAL PRICE ACTION ANALYSISSolana 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 making higher highs but RSI is contradicting. The XABCD bearish Crab pattern sets us a target of 278. Trade Setup 1)Buy around 178 and put a stop loss below 137. 2)Buy on a pullback after breaking the supply zone/PRZ. Keep trailing until 278. Expect strong resistance here. Happy trading :) This is just for educational purposes.
Long
by Sanjan91
💡Don't miss the great buy opportunity in SOLUSDT @solanaTrading 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 dynamic support. . The RSI is at 49. Take Profits: TP1= @ 164.54 TP2= @ 175.26 TP3= @ 183.68 TP4= @ 195.52 TP5= @ 213.87 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
BINANCE:SOLUSDLong
by ForecastCity_ME
4
💡Don't miss the great buy opportunity in SOLUSD @solanaTrading suggestion: . There is a possibility of temporary retracement to the suggested support line (114.02). . 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 above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 58. Take Profits: TP1= @ 120.00 TP2= @ 130.14 TP3= @ 142.53 TP4= @ 155.00 TP5= @ 166.72 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
4
💡Don't miss the great buy opportunity in SOLUSD @solona". There is a possibility of temporary retracement to the suggested support line (34.15). . 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 resistance. . The RSI is at 46. Take Profits: TP1= @ 38.00 TP2= @ 41.25 TP3= @ 44.07 TP4= @ 46.96 TP5= @ 53.06 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
5