Update SOLANA long 26 novembreNovember 26, I posted my long setup, and it’s going very well. Let’s see if it can break the grey box. As I mentioned in my analysis, I expect a new ATH for Solana.
SOLUSDT trade ideas
Update SOLANA long 26 novembreNovember 26, I posted my long setup, and it’s going very well. Let’s see if it can break the grey box. As I mentioned in my analysis, I expect a new ATH for Solana.
SOLUSDT H&SAfter 3 week of medium term trend SOL now has forming H&S pattern on 4h. will confirm if break the neckline or we are wrong if the trend exceed lift side shoulder Hight.
Thanks
Comment if you like the idea.
My Trend Following indicator is signalling buy on SOLSeems to be playing out just as expected. Now watching to see if the sell signal is right.
solana wave count#sol was the leader of the market rise in last months and actually solana made the pattern for market rising now i think its in the 5th wave and its still bullish
SPOT SOL LONG 28.11.2024🎯Purpose:
408,95
‼️We enter at 0.5% of the allocated money for spot trading.
Solana (SOL): Possible 5% Drop Incoming!Solana has broken recently from long trend holder 200EMA, which has also been successfully retested and is getting ready for another 5% move here potentially.
We wait for our entry to be reached, and then a good short position could be opened from here towards our target zone!
Swallow Team
Is Ethereum lagging behind the market and competitors?Btc is thr king and Eth is ghe queen of the cryptocurrency .
Now. Question is here, Does Ethereum want to remain queen?
I have been checking the status of 4 rival coins since September 1st.
Bitcoin
Ethereum
Cardano
Solana
====≈===================
The following section shows a comparison of prices from September 1st to now and their growth percentage.
Btc 52500 >> 99600 ≈90%🥉
Eth 2140>> 3425 ≈ 60% 🧸
Ada 0.3 >>> 1.15 ≈ 283% 🥇
Sol 120>>> 255 ≈ 112% 🥈
As we can see, Ethereum growth has been very, very low.
I think if Ethereum fails to make significant growth in this uptrend, competitors will take Ethereum's place and the crown will be taken from Ethereum's head.
What is your judgment and analyzing?
Please share your comments with me 🙏
SolanaSol usdt Daily analysis
2 strategy for Solana
Red and green
Sol will break 259$ , fall down to 250 AMEX:AREA and rise up to 290 area
SolanaSol usdt Daily analysis
2 strategy for Solana
Red and green
Sol will break 259$ , fall down to 250 AMEX:AREA and rise up to 290 area
Solana 27 Nov 2024 zonesBullish zone is above 235.5
Bearish zone is below 226
Note: This is not a buy/sell call. Use stop loss whenever trade.
Solana Eyes $290 After Testing $260 Resistance📊 Solana is trading within an ascending channel, currently targeting the key resistance at $260.
✅ If this level breaks, the price could rise further toward $290, the next major resistance.
👉🏼 A rejection at $260 might lead to a pullback within the channel.
Solana faces $6 billion short bet as price drops 12% from peakSolana (SOL) has faced increased selling pressure since it climbed to an all-time high of $264.63 on November 24. Exchanging hands at $232.72 at press time, the coin’s value has since dropped by 12%.
With waning bullish sentiment in the broader cryptocurrency market, this downward trend has prompted a surge in short positions, with traders betting on a further SOL price drop.
According to Coinglass, over the past 24 hours, the total value of Solana short positions has reached $6 billion, significantly outpacing long positions at $5.38 billion. This indicates a strong bearish sentiment among traders.
On the daily chart, SOL’s price is poised to break below its 20-day Exponential Moving Average (EMA). This indicator tracks the asset’s average price over 20 days, giving more weight to recent prices.
Since October 11, it has consistently served as a dynamic support level for SOL. Currently, the 20-day EMA provides support at $226.52, and a decisive break below this level would confirm the shift toward bearish momentum. If this happens, the SOL price drop may reach $205.56.
On the other hand, if market sentiment becomes more bullish, SOL’s price may rally toward its all-time high of $264.63.
SOLUSDT - UniverseMetta - Signal#SOLUSDT - UniverseMetta - Signal
D1 - Potential retest of the support level, in continuation of the upward movement.
H4 - Fixation behind the trend line after the 5th wave correction. You can consider entering from these levels or wait for the formation of the 3rd wave. Stop behind the minimum.
Entry: 234.82
TP: 247.84 - 272.79 - 290.47 - 306.87
Stop: 220.45
SOLUSDTDecision time.
Bullish divergence on the hourly but hasn't been able to break above the high and formed a pretty substantial hidden divergence. Break above the high would invalidate hidden divergence and we likely push back up into price discovery.
Break below the line we could see us consolidating around that box.
This is the first time SOL has been this high in the rankings so its hard to tell where it were play in the altcoin cycle and if it pumps and distribute profits at the same time as ETH or if it will have its own period of the cycle
Best to just wait until it tells you what its going to do than guess
$SOLUSDT.P ready for ATHBINANCE:SOLUSDT
Let's try Long from current.
Stop is placed at 219.69.
Take 260-264.
Coin has corrected well and closed the correction targets.
#SOL The most noteworthy support zone📊#SOL The most noteworthy support zone❓
🧠From a structural perspective, we reached the weekly resistance zone and then fell back, which is very reasonable, and a 4h-level short structure was built near the resistance zone. The target area of this structure overlaps with the neckline support area, so this will be regarded as the heaviest support area (200-212). If the price can reach here, we intend to buy back the reduced spot positions again.
➡️ So, after such a decline was expected, we closed all the long orders held on the 17th yesterday. Congratulations to friends who followed the Wolf King to print money.
💕 Follow me so you don't miss out on any signals and analyze 💯 BITGET:SOLUSDT.P
SOL/USDT BULLBACK BUY ZONESOL/USDT has huge buying volume. Now as I have marked a Sell side liquidity line below the previous low. When price will go down to grab that liquidity loop then we will buy in marked Demand Zone.
SOL DUMPBased on recent pullback expecting SOL to test the waters of $196 or lower in the coming days.
Let's see how it goes
Lingrid | SOLUSDT long from SUPPORT zoneThe price perfectly fulfilled my previous idea. It reached the target zone. BINANCE:SOLUSDT is currently forming a complex pullback from the resistance zone, while the overall market trend remains bullish creating higher highs and higher lows. This price action suggests a possible period of consolidation, similar to what we've seen in the recent moment. However, if the price rejects the support level and the channel border, we could see a continuation of the upward momentum. It’s also possible that the market may target liquidity below the equal lows, which often serves as a magnet for price action before a bullish move. My goal is resistance zone around 262.00
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
