Solana's Intraday Surge: Will $157 Mark the Path to $170?Yesterday, Solana moved bullish in the H4 chart towards $157.
1. A bounce off $150, followed by a bullish surge to $157, could pave the way for $169-$175. However, reclaiming $157 is essential first.
2. A move to below $143 may exert further downward pressure towards $137 and $131, the key intraday support, with expectations for a slow and choppy price movement in this scenario.
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SOLUSDTPERP
Solana, support levelsSolana formed a descending triangle pattern and has touched the support level.
If this support is strong enough to withstand bearish movements, then the target is at level 144.83 or at the resistance pattern.
However, you need to remember that this pattern is a bearish continuation pattern, which means that if this pattern breaks down, Solana will fall deeper.
I will update this analysis if I find new key levels.
📊#SOL will rise according to the double bottom structure📈🧠We entered the correction phase after completing the cup and handle structure goal. The double top short goal has been fully achieved, and we once again obtained good support after returning to the buy zone, and successfully constructed a double bottom structure near the buy zone. There is a high probability that we will use this structure as a supporting force to continue to rise.🚀🌕
⚠️Don’t forget risk management💯
✔️Trade safe✔️
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At what price you are ready buy SOLANA in your invest portfolio?Probable wave analysis on the #SOLUSDT chart
The bottom of wave 4 has either already been formed or is yet to come.
Therefore, we have marked three points where you need to be as careful as possible when deciding whether to buy CRYPTOCAP:SOL or whether it is too early.
1️⃣ $120 - if the price does not go lower, further growth will be quite rapid, as buyers will show their strength.
2️⃣ $90 - a stop of the falling in a strong liquid zone, which can be "considered a prudent buy zone".
3️⃣ $70 - this is where the price can reach on panic sales, liquidations, and stop losses.
Interestingly, the calculations show that wherever the #SOLUSD price falls, t he chance of growth to $650-670 is the same from the three points, it's just a matter of time.
So, what price will you choose to buy #SOLANA?
SOL: back to latest renge📊Analysis by AhmadArz:
🔍Entry: 143.96
🛑Stop Loss: 125.30
🎯Take Profit: 159.64 -190.98
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SOL: sell in cycle📊Analysis by AhmadArz:
🔍Entry: 180.85
🛑Stop Loss: 187.18
🎯Take Profit: 175.44-169.76-163.92-156.88-150.02
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📊#sol has a chance to form an ascending triangle📈🧠Unfortunately, we did not continue the bullish power according to the previous cup-and-handle structure. This shows that the resistance and selling pressure above are relatively heavy, and corrections can be made through long-term consolidation.
➡️From a graphic point of view, we have the opportunity to form an ascending triangle. If we successfully break through the inflection point, then we will most likely rise according to this graphic structure. On the other hand, if we break below the bulls’ defensive level, this bullish view will be invalidated.
let's see.👀
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#SOL/USDT#SOL
We have a downtrend on a 12-hour frame, the price is moving within it and adhering to its limits well
We have a major support area at $170
We have a higher stability moving average of 100
We have a downtrend on the RSI that is about to break higher
Entry price is 177
First goal 183
Second goal 192
Third goal 203
SOL: trade by leg📊Analysis by AhmadArz:
🔍Entry: 190.15
🛑Stop Loss: 186.06
🎯Take Profit: 194.40-198.59-209.32
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📊#SOL cup handle structure🚀🌕💥I am very happy that the market has developed as expected. We entered the long market again after breaking through the upper edge of the ascending triangle. Now it has reached near the stage resistance zone. We have locked in the main profit. Congratulations to the friends who followed Wolf King to print money. Successful profit 900%+💰🚀🌕🍻
🧠As mentioned in the previous post, once we successfully break through the inflection point, the cup-and-handle structure is established. Perhaps we will use this structure as support to challenge all-time highs.📈
Let's see👀
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📊#SOL ascending triangle🚀🧠From the perspective of the macro cycle, we still have unfulfilled bullish goals. It is very reasonable to call back after encountering resistance near the stage resistance. At present, we have the opportunity to form an ascending triangle here.
➡️If we successfully break through the turning point, it means that a new long structure is established, which means that we will go higher and may even challenge historical highs.🚀🌕
Let's see👀
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This SOL Chart Makes Me Want to Cry. Black Swan EventZoom out. Pull macro fib time. Pull a monthly supply at ATH. Pull a measured move from ATH to bear market low. Measure from current high. Look at the beginning of a Wyckoff Distribution Schematic. Cry myself to sleep. In that order
We're going into a bear market until April 14th, 2025
📊#SOL reaches staged resistance zone✔️💥The spot transaction we ambush on March 6 successfully achieved the main goal and locked in the main profit after 13 days. Congratulations to the friends who followed Wolf King to print money and achieved a 57.75% increase in cost.🎉💰🎊
🧠It makes sense that we are currently stalled at the major resistance area, as we have broken the weekly level short defense points, so we may be able to continue challenging the all-time highs.🙏🎯✔️
Let's see👀
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#SOL/USDT
#SOL
The price is moving in a downward channel and is expected to continue for some time
We have strong support at two areas where the entry can be distributed twice
The idea of correction is supported by the correction in alternative currencies during the current period
First level 60.00
Second level 42.00
With goals up to 160.00
SOLUSDT at weekly resistance right nowThe price has been in uptrend since end of 2022. It has not broken the high it had set in 2021 but it has covered a significant distance from its low in 2022 end and has come close to its all time high zone. However, the price is currently trading at a weekly resistance level WR1. The price did experience a pullback from that resistance zone but quickly backed up and now trading again in that resistance zone. Looking at the momentum, the possibility of the price to break this resistance cannot be ignored, however, a bit of caution is definitely warranted. The next resistance zone is WR2 which is also a monthly resistance zone sitting around 198-208. However, I believe there would be some struggle there but the price will eventually break that and move upward. The more significant resistance is the currently weekly resistance WR1. Let us see how it plays out.