When things get trending on high time frames I am a big fan of line break charts. This one here on Solana has not yet confirmed red but RSI is very sus. Setting very tight stops on longs now. Also debating on scaling out of long term swing bags. Not advise, good luck.
Here's my recent trade set up for SOL that will go through to Jan 1st 2024.
Solana has been on a tear the last few weeks, one of the best performing large-cap tokens this year. How high could it go? Well, looking back to February of 2022 on the Monthly chart, $75 was the low point of the wick. Price recovered, and then fell through that level with the FTX collapse. If CRYPTOCAP:SOL continues to climb, $75 would be a good place to take...
Engaging in a meticulous examination of Solana's charts uncovers a retracement pattern from its recent high, prominently evident on the 1D and 1W timeframes, we consider a further pullback. The pivotal consideration revolves around whether this retracement will escalate to a 1W entry point, or if there's a potential for a strategic entry at a 1D retracement level....
Next targets for Solana BINANCE:SOLUSDT Possible Targets and explanation idea ➡️Solana I think have a limitation for this pump till 65-81$ targets before correction ➡️Marked high of May 2021 will be like first trigger. ➡️Take profit line base on Take profit indicator exactly at M fvg ➡️Flags marked also levels for fixation profit before correction ➡️Based...
Solana (SOL), a fast-growing blockchain platform, is anticipated to witness a significant surge in user adoption on Coinbase, and I believe it presents a unique investment opportunity worth considering. Why should you pay attention to Solana? Here are a few key factors that make it stand out: 1. Scalability and Speed: Solana's innovative architecture allows it...
Yes I was looking short on Solana but SEC approved BTC-ETF. That's why every crypto pumps like its Bullrun. But few coins are much more likely to go even further and one of them is Solana. If we look closely Solana hadn't make Lower High since November 2021, all we had was little pullback to 140 area. If SOL close the candle below 32.5 in 1W TF I might consider to...
Solana has been battered heavily by recent events and overall market price action. Fundamentals stay unchanged, SOL GMI. Even the darkest night will end and the sun will rise.
SOL retraced right near the DEMAND $16 and then ran up to the SUPPLY at $24, now its making its way back to $20.77 area, I will be looking for a bounce here to move back up with it the chart is still bullish till $14 is broken!
It doesn't get any better than this as far as accumulations go. Straight out of a textbook. Link to the schematic below www.google.com
SOL has already made a good move from the $15 range, but I think we will see a move to the $24 - $25 range in the short-term. Keep tight stops if you are using leverage.
Potential Bullish Entry Dow Theory In Place - Higher High and Higher Low Expected in Place Formation of double bottom coupled with bullish divergence (Bullish reversal pattern) Entry, SL & TP Levels are defined.
Potential Bullish Entry Dow Theory In Place - Higher High and Higher Low Expected in Place Formation of double bottom coupled with bullish divergence (Bullish reversal pattern) Entry, SL & TP Levels are defined.
This is my analysis and idea only. Do not take this as financial advice, and please do not base any trades based on this chart, or any content I post. These are my thoughts only. Operating in crypto is dangerous and can quickly stack up big losses. Always study, and do your due diligence.
Quick purchase. SOLANA coin. scalping. With a breakthrough flag
Peace be upon you, the downward channel has been hacked. In the four-hour timeframe, there is a very positive candle. Now the price is moving in a sideways area. And a high probability of going up once the liquidity enters the market. What do you think dear 🤔
Right shoulder is above the head and is primed to move through that ascending channel into a range of $26 USD. Don't be surprised if we achieve that before midnight Sunday. Be enthused when you see it back at the $30 USD mark. Sell pressure has waned for a reason. Fundamentals are out, Solana Mobile is releasing the worlds first and only crypto phone & every SOL...
Solana wrapped up the green wave 4 within the green target zone within $22.41 and $17.78 and should be good to go to start an upwards trend. Imminently, we’re expecting the coin to exceed the resistance line at $26.55 and pulse further North to complete the green wave 5.