Get started

SOLF0 / USTF0

No trades
See on Supercharts
OverviewNewsIdeasDiscussionsTechnicalsSeasonalsMarkets

SOLUST.P trade ideas

Solana Price Action AnalysisSolana Price Action Analysis The above chart of SOLUSDT laid out a falling wedge pattern.In a falling wedge pattern, both the upper trend line which connects the highs and the lower trend line which connects the lows converge downwards. The wedge pattern in general indicates a trend reversal. Especially, the falling wedge signals a bullish reversal. This pattern indicates a breakout in the price trend towards an upswing. From the above chart, we can interpret that the momentum of the downtrend is slowing down. Currently, SOLUSDT is in the range of $13.53. If the pattern continues, the price of SOLUSDT might reach the resistance levels of $14.50. If the trend reverses, then the price of SOLUSDT may fall to $12.60
Long
by TheNewsCrypto
Solana may reach $38 if rates are hiked by less than 0.75%.Solana may cross $34 and reach $38 if interest rates are hiked by 0.75% or lower. This low rate hike seems to be the probable case because of upcoming mid term elections. The Democrats in the USA are sitting on wafer thin majority in the Senate where out of 100 seats, Republicans own 50, Democrats own 48, the independents who are supporting democrats own 2 seats. This election is crucial for the current government to secure a majority in the US Senate.
Long
by dhirendradas007
1
SOLANA- Just thinking out loud.Given the macro conditions, it feels possible that there's gonna be a rather long cooldown on everything, even after the bleeding stops. A deep cleansing on everything is the need of the moment. If this is to play out, then it might take us 6-7 months to come back to the prices we recently broke down from. That feels like hell, trust me. Time capitulation >> Price capitulation, and this scenario might be a combination of both. More than 90% of the participants will leave. Even the strong believers would be flushed out. I can go on and on, but chart>>words. This, if it plays out, will bring a great opportunity to the faithful. The whole world is trying to shut Crypto down. But the cat is out of the box, and we had a lot of attention this cycle. Solana in particular, has matured quite well in such a short span. I will be buying all the SOLANA I can below $20, If we get. All you got to do is stay. See you on the other side! ~ZER0
by Degengambleh
SOLANA PRICE PREDICTION 2022An ascending channel is defined as the price action contained between two parallel upward-sloping lines. This price pattern is distinguished by higher highs and lower lows. An ascending channel is created by drawing a lower trend line that connects the swing lows and an upper channel line that connects the swing highs. Price does not always remain entirely formed within the parallel lines of an ascending channel, but instead shows areas of support and resistance that traders can use to set stop-loss orders and profit targets. A breakout above an ascending channel may indicate a continuation of the upward trend, whereas a breakdown below an ascending channel may indicate a change in trend. Currently, Solana (SOL) is at $36.18. If the pattern continues, the price of SOL might reach the resistance level of $46.85, and $68.31. If the trend reverses, then the price of SOL may fall to $32.29, and $25.67 Solana (SOL) Support and Resistance Levels From the above daily time frame, we can clearly interpret the following as the resistance and support levels of Solana (SOL). Resistance Level 1 – $42.78 Resistance Level 2 – $58.60 Resistance Level 3 – $82.70 Resistance Level 4 – $117.60 Support Level – $26.67 The charts show that SOL has performed a bullish trend over the past month. If this trend continues, SOL might run along with the bulls overtaking its resistance level at $117.60. Accordingly, if the investors turn against the crypto, the price of the SOL might plummet to almost $26.67, a bearish signal. Happy Trading !
Long
by TheNewsCrypto
2