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SOLUST.P trade ideas

Solana UpdateHey everyone, Here is a short analysis on SOL, I'm still bearish. Here you can see that the price is ranging between -0.618 to 1.618 of the Fib Channel. It has been rejected by the 0 level of the Channel. To learn how to make the channel, read my previous idea through the link at the end. Forming lower lows and lower highs on the four hourly chart. Perfectly following the lines of the channels. Let's check the Pitchfork on AVAX too. It got rejected from the median line. I have marked the demand zones, they might be our targets. What TradingView says? TradingView has some awesome features which can give you technical analysis on any crypto, forex and stocks chart. Check the photo below to get an idea. This image is showing an excessive bearish pressure. This analysis is done by oscillators and MA. There is another cool feature which can give you the pivot points. How to trade pivot points? Whenever a pivot points is coming, you can set up a trade order for the opposite side at the price of the pivot points. Usually, whenever the prices hit the pivot point, they take a pullback on smaller timeframes. You can earn easy profits on these pivots. Hope you like the idea Goodbye for now, trade safe!
Short
by theTAguy
💡Don't miss the great buy opportunity in SOLUSD @solana Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (98.36). . 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 68 Take Profits: TP1= @ 119.15 TP2= @ 130.07 TP3= @ 142.95 TP4= @ 157.17 TP5= @ 167.07 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
2
💡Don't miss the great buy opportunity in SOLUSD @solana Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (145.7). . 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 62 Take Profits: TP1= @ 158.1 TP2= @ 167.8 TP3= @ 177.4 TP4= @ 186.3 TP5= @ 204.0 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
Solana, The way of the Future.If the bull market is to stay, this is one of the best time to be loading up on cheap Solana. Prices are down >50% and majority is in panic, 'derisking', or busy making narratives about FEDs and inflation. Trade the charts not opinions. SOL is ideally on it's macro 5th wave. It's clear as a crystal. So if it were to print that impulse and this really is whales loading up (they are), then this would look something like this chart. If not, lose/tap $100 and this perspective goes out the window and price nukes another 50% Sell all bounces after that, if at all it happens. Until then; HOOT HOOT ARE YOU IN?? NFA, GL
Long
by Degengambleh
2
Solana looks bullish in the short termI 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 very recently. I might be very wrong with my analysis. Any help in the form of advice, knowledge, criticism is welcome. Please let me know what you think about this. That will only help me get better. Thank You
Long
by dg21101997