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Solanasignals

SOLUSDT forecast and idea | SOLANA✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view, And only some of these analyzes are my actual real trades. I hope Traders consider I am Not responsible for your trades and investment decision. ------------------------------ ✅ Please write any advice or suggestions. Dear friends request any cryptocurrency pair, currencies pair for forex, and any index you want to be analyzed, and ask any questions about chart analysis. Thanks for your attention
Long
by Arash-RK
1
SOLUSD Channel Up valid targeting $60.00.Solana (SOLUSD) has been trading within a Channel Up pattern since the June 13 Low. As long as its Higher Lows (bottom) trend-line holds, it is a buy opportunity targeting its Higher Highs (top) trend-line. Technically it resembles, in 1D RSI terms also, the last rebound towards the ATH Lower Highs trend-line, which stopped just below the 1D MA200 (orange trend-line). That gives us a rough target zone of 58.00 - 62.00. A break below the Support Zone, invalidates this pattern and if no higher point is made than the July 19 High, the selling can target the 2.0 2.0 Fibonacci extension at 14.35. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
BINANCE:SOLUSDLong
by TradingShot
3
SOLUSD Broke above its Triangle. Bullish bias ahead.Solana (SOLUSD) broke yesterday above the Lower Highs (top) trend-line of the Triangle pattern that it has been trading in for the past 1 month. The pull-back that followed has been quicly contained today above the 4H MA50 (blue trend-line), which has established itself as Support, with the 4H MA200 (orange trend-line) being right below on the 0.618 Fibonacci retracement level. Still, there is a clear Resistance and Support Zone to consider. As a result, it would be best to trade this on a break-out approach. A break above the Resistance targets the -0.5 and 1.0 Fibs in extension, while a break below the Support targets the 1.5 and 2.0 levels. The RSI Res and Higher Lows can also help us trade on the short-term within a range. -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
BINANCE:SOLUSDLong
by TradingShot
2
SOLUSD Approaching a buy levelSolana (SOLUSD) hit today the Lower Lows trend-line (bottom) of the Bearish Megaphone pattern that started after the November 08 2021 High (and All Time High). It is now closer to the 2.0 Fibonacci extension, which as shown on the chart play a major role in determining Lower Lows (rebounds) and Lower Highs (rejections). With the 1D RSI on Lower Highs, traders can either look to buy near the 2.0 Fib or upon confirmation, when the RSI Lower Highs trend-line breaks. Medium-term target, the 1.5 Fib (44.40). -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
BINANCE:SOLUSDLong
by TradingShot
4
SOLUSDT Sideways at best, bearish if this level breaks.*** *** For this particular analysis on SOLANA we are using the SOLUSDT symbol on the Phemex exchange. *** *** The idea is on the 1D time-frame where the 1D RSI broke into the heavy oversold zone, which last revisited back in late January 2022. The price then entered a long-term consolidation, trading sideways until the 1D MA50 (blue trend-line) broke but still got rejected on the 1D MA200 (orange trend-line). It was that rejection that brought us to where we are today. It is therefore possible to see a similar monthly sideways trade. However, if yesterday's low breaks, the long-term Channel Up that has been in effect since Solana's All Time High, will break and should push the price towards the lower Fibonacci extensions. In that case, the targets will be the 2.0 Fibonacci extension around 24.720 and the 2.236 extension around 18.725. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
by TradingShot
5
SOLUSD a break above the 1D MA50 can target $1400.Solana has been too quite in 2022, contrary to its impressive 2nd half of 2021. The chart is pretty much self-explanatory so I will not go into much detail. As you see, the price has been trading below the 1D MA50 (blue trend-line) since December 04 2021. Today SOL is testing this MA. A break above would be a strong break-out buy signal as this is consistent to both previous phases which formed the same pattern. In both phases SOLUSD started correcting the rally that led to Fibonacci peaks with Channel Down patterns. Those Channels formed clear Double Bottoms (or near) after a first 1D MA50 break (which was a fake break-out). After the bottom, a 2nd break above the 1D MA50 initiated a hyper strong rally. The last two peaks came on Fib 2.5 and Fib 3.5 extensions. It is possible that if the price breaks the 1D MA50 again now to see a rally of similar aggression towards the 4.5 Fibonacci extension around $1400. Note that from an LMACD perspective, the current phase is more similar to that of late 2021. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
BINANCE:SOLUSDLong
by TradingShot
13
SOLUSD is repeating a pre-rally pattern. $1000 real possibility.I haven't updated SOLUSD since July and the upper break-out which gave me a $130 target: Well the target got quickly hit according to the Fibonacci levels provided with Solana trading within a Channel Down (blue pattern) ever since its November All Time High (ATH) and since December 04 has been trading entirely below its 1D MA50 (blue trend-line). This is not a unfamiliar set-up for SOL as the very same pattern has took place before every major rally. As this 1D chart shows, SOLUSD's usual growth sequence involves a Channel Up (green pattern), which leads to its blow-off top followed by the Channel Down that eventually breaks below the 1D MA50. When then breaks above the 1D MA50 for the first time, it is a signal that the next low is SOL's bottom. Right now the price has already made its 1st break above the 1D MA50 and also printed a Lower Low. Based on the pattern above, a second break above the 1D MA50 should kickstart the new rally, the target of which could be the 4.5 Fibonacci extension. Notice also how even the RSI and the LMACD are on their respective 12-month Support Zones. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
BINANCE:SOLUSDLong
by TradingShot
9