SOLUSDT.P trade ideas
Formation of Cup & Handle in SOLUSDT* 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 trade idea buying $sol Again at this area at $150
reason:
After breaking downtrend trendline its its become bullish scenario for $sol and $145-$150 is the first pullback after strong breakout pullbacks are for the fresh money flow iam buying huge my all buy orders $145-$150 #Solana
Bull flag on SolanaSolana 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.
Sol The ETH Killer!!Sol has same features as Eth but its a step further with also the proof of time.
now the way sol was blasting and saw the small correction holding the 170 levels....
stop loss : 170(can hold for long term as well) Target : 500(sky is the limit).
💡Don't miss the great buy opportunity in SOLUSD @solana
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 resistance.
. The RSI is at 51
Take Profits:
TP1= @ 169.09
TP2= @ 188.65
TP3= @ 215.44
TP4= @ 250.03
TP5= @ 271.75
SL= Break below S2
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IH&S forming ?BINANCE:SOLUSDT inverse H&S forming ?
Long when shoulder completes.
NOT FINANCIAL ADVICE.
I M A NEWBIE
solano overviewsolano 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 round fig 100
Sol Chart, seems like a bearish pattern currentlyOverall bullish, but currently following bearish pattern
SOL Breakout (Descending Triangle)This descending triangle chart pattern obeys the identification guidelines set for the pattern. At point A, price peaks below the horizontal trendline but few chart patterns are perfect. At point B, price stages a breakout and that results in a swift upward move. Such a strong advance is unusual.
-- Thomas Bulkowski
solano new trade setup155 is good support area with good risk to reward going long
target based on fib retracement
target based on fib retracement of 0.5-0.6
buying based on demand zone
Sol update for long term I'm a new in crypto
Always focus to get a knowledge from every one and interested in a learning and sharing what's in mind
solano bearish?!!!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
#SOLANA $SOL NEXT MOVEMENTThis analysis is just an idea. It's not an investment advice.
please if you liked my analysis give me a like and leave me your feedback!
solano new outlookon daily time frame it looks like forming evening star (bearish) it can come down to 161-160 as a mean reversion of 9 ema.
4h time frame it indicates higher high, higher lows
pitchfork and fib speed resistance fan shows confluence levels at 172-160
140 could be the last major support after this level it can go sideways or bearish
240 might be possible based on this analysis might be positional pick (this might need good momentum and healthy structures formations)
SolSol good hold 20MA in 4hrfrom 70 and bounce from MA20 multiple time .... Now sol again sitting at MA20 if hold 183 level than will see another leg up...
waiting for another discounsoalno after another recent high of 216 it may take a exhaustion pullback. 182-188-190s levels can be seen buying happening with fair risk to reward
quick update on solano price seems to be making wicks on lower time frame on 0.5 fib levels
150 and 130 roundoff support areas if it breaks down
will update after other structure formation
do let me know if you need any other coins update and analysis
happy trading.......
SolBounce from support and target complete ... 15% profit enjoy... Trying uptrend channel breakout if this happen than will see another upside movement...
#SOLUSDT .. First Target met .. Time to retraceSOL should retrace now to 100-110 as per my analysis.. Can be added on dips for higher targets..
Update: I forgot to mark a level at 125 .. Which can also act as potential support .. So overall watch for 125, then 110 then 99 as potential buyer supports
If price closes below 99, It is a bearish sign.
SolSolona : uptrend channel will buy trendline support area around 130-132$ ...
Sl 121$
TP 147-155-162
