SOLANA trade ideas
SOLUSD View!!Meme coins have been sliding in recent weeks. According to Coingecko, all meme coins’ total market cap is around $42 billion.
Dogecoin remains the most valuable, with a market cap of over $15.4 billion, followed by Shiba Inu, which has a market cap of around $8 billion. It has been a turbulent few trading months for meme coins, whose valuation is down from over $65 billion in Q2 204.
SOLUSD SELL ANALYSIS RESISTANCE AND SUPPORT Looking at chat for Solusd price has made some support and resistance and now has reach a level of around 139.20 with some rejection which means there is high chance of falling and going for SHORT are expected with a target profit of 136.77 and 133.28 . Use money management
Solana Must See ASAP H&S BOTTOM ACTIVEThe head and shoulders pattern is considered one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that an upward trend is nearing its end.
Typically you short after dump and it retraces back to the neckline so pay attention to what happens in the $140 range
Clear head and shoulders on Solana with target in the 80s
1. We just touched this neckline of the H&S and it's currently active
2. You will find a wedge below that kicks off the decent
SOLANA has formed a Cup & Handle Pattern on the weekly/daily.SOLANA known for making some incredibly big moves over short periods of time. It is currently forming the handle of a large Cup & Handle formation, which could signal substantial price appreciation over the coming year or so.
Good luck, and always use a stop loss.
SOLUSD bullish scenario short termA possible bullish flag is under development, pointing to a price level 75-80$ which was the previous point of interest (Supp&Ressi). Fibonacci extension 61.8 is coming aligned with the flag pattern target at 140-145$. Additionally, the most recent resistance is coming from April 2022.
Let's see how will develop, a pullback at 75-80$ with a strong bounce back higher to 140-145$ range?
SOL USD CRYPTO: RETEST OF NECKLINE...PERFECT SETUP
About 8 hours ago I put out an alert on Bitcoin breaking out in a Head's 'N' Shoulders Pattern.
Well now it's SOL's turn and like something out of a trading manual its setup is perfect.
I believe it is on the 15m chart & its just about ready to breakout.
easy_explosive_trading
* Trading is risky. This is for illustration purposes only. But here at easy_explosive_trading, we took this trade & entered a buy-order about 3 hours ago.
The Great Wall of SOLSolana has held strong at around 129 since March of 2024 when it rose to 220. Right now, exactly 10 days before Breakpoint this is looking like a descending wedge pattern ripe for a massive pump beyond previous highs. I am extremely disappointed Crypto was not mentioned in IS Prez debate but perhaps it is for the better. Let the politicians keep chasing Crypto so this space can dictate more policy. Go Solana!
#crypto #solana #short#crypto #solana #short #1d #4h
Classical analysis.
Supply and demand analysis.
On the daily and 4-hour time frames, the price formed an m-retracement pattern and then the price hit the neckline of the retracement pattern, which simultaneously reacted to the supply zone. Therefore, the pattern is complete and we enter the transaction.
r/r=1/2
sl:139.49
tp:109.23
SOL - 1W - Bullish pennantA pattern similar to 2021 is taking shape. A bullish pennant.
In technical analysis, a pennant is a type of continuation pattern.
It's formed when there is a large movement in a security, known as the flagpole.
Then, the flagpole is followed by a consolidation period with converging trend lines—the pennant—followed by a breakout movement in the same direction as the initial large movement, which represents the second half of the flagpole.
SOLANA: MINI CONSOLIDATION IS COMING?Hi guys,
I lost Solana the last bullrun but now I'm in a huge profit after the 2022 bear market.
At the moment I don't see so much strength on market due to USA election, this could potentially lead to a period of some months where profit could come mainly from shorting.
I don't like to short so I'm here to see if price drops and, in that case, add other funds to this altcoin, maybe this time 3x long.
Let's see.