Very Bullish!!
Solana chart looks very bullish. The price is currently dropping but I think it is a very healthy correction.
Weekly chart:
1) all momentum indicators just entered the bull zone.
2) The chart is forming higher highs.
Daily:
1) EMA55 finally crossed EMA200.ย The last time they crossed w
Key stats
๏ปฟTrading activity
๏ปฟTransactions 224
BuysSells
100124
Volume โช30.06โฏKโฌUSD
Buys volumeSells volume
โช14.09โฏKโฌโช15.97โฏKโฌ
Traders 81
BuyersSellers
4041
About SOLWCRO_326D94.USD
๏ปฟRelated DEX pairs
๏ปฟSOLUSD โ Recovery Faces Wall at $193SOL broke below $198, hitting a low near $179, confirming the short trigger from the last setup. Since then, itโs building a grind-recovery, reclaiming $189 but stalling at a confluence zone ($191.84 resistance and SMA200 near $193.11). RSI at 59.41 still favors buyers โ but SOL needs a clean break
Solana Approaching Key Resistance: watch for $219Hello guys!
Solana has been trending strongly inside a rising parallel channel, recovering steadily after a significant 33% correction. The bullish momentum is clear, and the price is now approaching a key resistance zone near $219.84, which previously acted as a major turning point.
Hereโs what I
SOLANA ready for Explosion? Textbook Elliott Setup unfoldingSolana โ Textbook Elliott Wave Structure Unfolding!
Clear impulsive fractals, textbook ABC corrections, and precise Fibonacci reactions โ this 1h chart on CRYPTOCAP:SOL is a dream for any Elliottician.
Weโre currently finishing wave C of (4) within a well-formed bullish impulse. Key support lies
SOL: Clean Fakeout & Two Bearish Scenarios AheadHello guys!
Price just created a textbook fakeout above the resistance zone, grabbing liquidity and quickly dropping back into the range!
Hereโs what the chart is showing:
Price is still inside the ascending channel, but the breakout attempt failed
The MPL (maximum pain level) around $162.30 is
Opened longI opened a long position.
Ideally it is safe to wait for EMAs to line up for the bull trend (EMA21 > 55> 200) in the Daily chart. However, there are many indications that the price will start to move to the upside and the upside move might be quite aggressive. So I decided to open a long position
See all ideasย
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
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