At the time of writing solana is 119-124$ looking at the daily timeframe sol seems to be oversold both on rsi and fib ret sitting under 70% with btc looking like it is following wyckoff's (distribution or accumulation *not clear yet*) the local bottom seems to be forming here.
In either case if it's a accumulation or distribution a bounce of some sort only makes...
#SOL/USDT has successfully broken out of the falling channel pattern and has shown a bullish divergence. Currently, the price is on its way towards the $190 liquidity area.
CRYPTOCAP:SOL Buying-Selling Strategy:
92$ Buy 20 %
62$ Buy 30 %
49-39$ Buy 50 %
454$ Sell 20%
742$ Sell 20%
1571$ Sell 20% (mp bull run end)
Disclaimer
This analysis is provided for informational purposes only and should not be considered financial advice. It is essential for all traders and investors to conduct their own research and risk assessment...
Solana showing steady move and weekly breakout as per the fibo retracements. First resistance of the fibo bottom has bin decisively broken. It's ready to take the next levels.
SOLUSDT Long with ascending triangle pattern
Use Time Frame - 1min
SOL forming a ascending triangle pattern which indicates Bullish Momentum in upcoming time.
i have also merged FIBB setup with Ascending Triangle
WILL #SOLANA HIT $500 IN THIS BULL MARKET?
1⃣ SOLANA 800% Up from Our Initial Entry Setup.
2⃣ 2021 Bull Market Solana did 250x
3⃣ Current 2024 Bull Market #SOL has given 17x so far
4⃣ IMO CRYPTOCAP:SOL has $500 Potential in the Current bull run
5⃣ Support = $80-$90, Major Support = $50
6⃣ If hold $115 Support Level then Next move toward $250
7⃣ Major...
💎SOL has recently broken out of a resistant zone and a cup and handle pattern, exhibiting a bullish market structure with signs of increasing momentum, as indicated by CHoCH and BOS.
💎Upon retesting the resistant area, it would be prudent to await the formation of stronger bullish candlestick patterns for confirmation. Once confirmed, we can anticipate price...
next future target of sol what i predict and follow as you can see the market with high volume so we can go for next target of sol within few months.... on the basis of these inverted head and shoulder patterns.......
SOL Analysis: Daily Time Frame with Weekly Support at $80 and Weekly Resistance at $137
1. Price Movement Analysis:
- Since October 30, 2023, the price of SOL has been trending within an upward channel.
- This upward channel signifies consistent buying pressure and bullish momentum in the market.
2. Interaction with Weekly Levels:
- Despite the upward trend,...
Decided to book profit in the scrip since the market is over-valued from a technical perspective. The upcoming recession worries and the high interest rate environment adds up to the risk of holding positions in a highly volatile and speculative asset class like Crypto.
Will consider a re-entry if price crashes and comes down to cheaper valuations from a...
SOLANA ALERT: CRYPTOCAP:SOL Calling $40
If #SOLANA fails to hold the $90 Support TL, be prepared for a potential -60% DUMP!
This could be a great buying opportunity for those looking to accumulate #SOL
I've already placed a Buy Order below $50
What about you?
AS per chart I am Bullish on SOLANA.
Before Big relly we can see retracement till $40-$50
Which will be good entry zone for long term.
I am Expecting CRYPTOCAP:SOL will hit $500 in bull market.
