SOL macro analysis 📌 2024/25 ♉ I think COINBASE:SOLUSD completed mark down phase 📍 ( wyckoff theory )
Present we are in accumulation zone 📌 🙄 #DYOR
I have 2 scenario based on my technical analysis ⏰ #TA
👉 expecting no new low 🔅 making new high 📌 atleast return to previous top 🔝
👉 expecting new low 🔅 based on FTX and FUD news 🗞️ selling , no new High 📌
Solution :: 👉
I am using 60-70% liquid at 1st phase 📍 if above i got confirmation 🙂 remaining 40-30% I keep in correction 🤝 if not 🚫 making new low 🔅 I use that liquid 💰 there 📌
So making new low 🔅 atleast I book +500% ( 5X )
Not making new low 🔅 i will make more than +1000% ( 10x++ )
This is my planning based on chart 📉📈 make ur plans 🙌
Technical analysis is always risk management 📌 tool 🔥 not only predictor tools 📌
Buy ->
Phase 1 📌 $10 - $15
Phase 2 📍 $2.5 - $5
Weekend candle close above $60 no new low 🔅 confirmation 😸
Then phase 2 📍 $40-48 ( not making new low buy at correction )
This is plan of accumulation on COINBASE:SOLUSD 🤝 and with confirmation 👌 zone 📌
Sell -> $244 - $600 ( distribution area )
👉 clear target's provided time bull 2025 just follow article and boosting 🚀
If making new low 🔅 then bull target will be $48-50 ( exit but i will update that time )
🤝 Anything else comment and give me private text 🙂
🤝 check ✅ my profile and follow article for future updates
🤝 When COINBASE:SOLUSD trade at $200 I said 2022 nov it will reach below $10 ( it was done ✅ )
🤝 boosting 🚀 and following article is ur requirement and sharing with ur PPL 📌 is supporting
🔥 my responsibility is update 📌 at crucial movement i will do under this post 🤠
Be happy 😊 be safe 🙂 ( then don't get married 😉 )
SOL
#SOL Continuing the analysis of the previous postConsidering that this currency is the favorite of many enthusiasts, I decided to share the possible Elliott scenario with you so that you have a better view of investing in this currency. In the last part of the movement of this currency in time H4, a complete cycle has been completed, and this last correction is a double zigzag correction. Therefore, this corrective movement can be planned in the form of a three-wave or wave 4, which can at least move up to its minor ceiling. Its classic pattern type is also the flag view.. So if it does not enter the wave range of a specified range, it can at least retest the minor ceiling.
pay attention:
Penetration into the range of wave 1 or overlap analysis will be invalidated
SOL SOLANA Trade IdeaSOLANA has experienced recent downward pressure but is presently trading within a crucial support zone, as illustrated on the chart. In the event that the Dollar Index (DXY) sustains and strengthens its position, SOLANA might potentially move towards additional downside targets, given the typical inverse correlation between DXY and SOL. It is important to underscore that this analysis is offered solely for educational purposes and should not be interpreted as financial advice.
SOL/USDT Ready for Explosive Bull Run? 🚀 SOL Analysis💎Paradisers, gear up for an exciting trading opportunity with SOLUSDT. It's showing a breakout from its descending channel, suggesting a shift towards an upward trend.
💎In the 4-hour timeframe, SOL has been consistently following a descending channel pattern. Now that it has broken above this channel, we expect it to rise towards a resistance level, then likely experience a rapid pullback, adhering to its established pattern.
💎There's a high probability of a bullish movement beginning from the support level at around $98. SOL is now poised to target resistance levels near $128.
💎For savvy Paradisers, timing is crucial. Pinpointing the most advantageous entry points during this rise is key. It's prudent to avoid buying at the peak of the movement.
💎Exercise caution: there's also a possibility of SOL dropping below the $85 support level. A descent below this pivotal point could lead to doubts about the continuation of the upward trend.
SOLANA ⇒ Still RUNNINGHello guys...
as you can see at the first place btc touched the supple and demand zone and after that made a hidden QM pattern!
at the same time, the price broke up the descending channel with full body candle!
I believe the main target is at DP so I mean 116$ level!
let's see what happens!
______________________
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
SOL Short-Term 1HLet's look at the SOL to USDT chart on a one-hour time frame. As you can see, the price is moving above the local uptrend line.
After unfolding the trend based fib extension grid, you can see support at $99, and then a zone from $95 to $93.
Looking the other way, we see a resistance zone from $103 to $105, and then resistance at $110.
The RSI shows room for the price to go higher, but the STOCH indicator indicates a needed price recovery.
SOLANA: strong PA 111 if breakout confirmed Solana has recently encountered strong support at the 200 SMA and has initiated a rebound from this key level. Currently, there is a convergence of multiple moving averages in this area. Should this level hold, particularly if Bitcoin holds, we can anticipate a rally, potentially reaching 111 or even surpassing this threshold.
Solana Mobile's Second Crypto Smartphone: A Game-ChangerSolana Mobile is set to make waves once again with the upcoming launch of its second crypto-ready smartphone. Building on the unexpected success of its predecessor, Saga, the new device promises to retain the essential features that made Saga a hit among crypto enthusiasts while introducing new hardware and a more affordable price point.
The Saga Phenomenon:
Saga, Solana Mobile's first foray into the crypto-ready smartphone market, faced initial challenges with struggling sales and a $1000 launch price. However, the tides turned when crypto traders discovered the device's hidden gem—a generous allocation of $BONK tokens that more than covered the phone's cost. In a matter of weeks, Saga phones sold out, creating a red-hot secondary market with prices skyrocketing to five times the original cost.
The Airdrop Bonanza:
What set Saga apart was not just its hardware but the ongoing benefits for its users. Airdrops from various projects delivered lucrative tokens and NFTs to the 15,000 Saga phones in circulation. This unexpected windfall not only bolstered the Saga community but also prompted Solana developers to explore mobile application development, showcasing the device's potential to influence the broader Solana ecosystem.
The Successor: What to Expect
Solana Mobile's decision to launch a second smartphone is a strategic move to capitalize on Saga's success. The upcoming device will retain the core features that made Saga popular—a built-in crypto wallet, custom Android software, and a dedicated "dApp store" for crypto applications. However, the company aims to address the challenges faced by Saga by introducing new hardware and offering the device at a more accessible price point.
The Impact on the Secondary Market:
With the announcement of a new and improved Solana Mobile device, the secondary market for Saga smartphones is likely to witness significant shifts. The anticipation surrounding the successor may influence current Saga owners to upgrade, creating a fluid market dynamic. The lower price point also hints at a more inclusive approach, potentially expanding the user base beyond the initial niche of crypto traders and NFT collectors.
The Future of Solana Mobile:
As Solana Mobile prepares to unveil its second crypto-ready smartphone, the crypto community eagerly awaits more details on the device's specifications, features, and potential partnerships. The success of Saga demonstrated the demand for crypto-integrated mobile solutions, and the upcoming release could mark a turning point in the adoption of blockchain technology in the mobile space.
Unibot on Solana Exceeds Expectations
The Unibot, a Telegram-based cryptocurrency trading bot that has recently made its debut on Solana, is outperforming with a trading volume that, as of now, nearly triples that of its Ethereum counterpart, demonstrating $2.5 million against $900,000.
Conclusion:
Solana Mobile's journey from initial struggles to the unexpected success of Saga showcases the resilience and adaptability of the crypto market. With the impending launch of its second smartphone, Solana Mobile aims to solidify its position as a key player in the crypto-ready mobile market, promising users an enhanced experience at a more accessible price. As the crypto community eagerly watches for updates, the future of Solana Mobile appears poised for continued innovation and influence in the ever-evolving blockchain landscape.
Top Is Likely In , I'm Out.Today, I'm going to present to you my thesis on why this rally is over and why the Bitcoin top is in for now, marking the weekly lower high that everyone will be setting as resistance in the coming months.
This rally has reminded me a lot of 2019 in many ways; it has played out the same, especially with Chainlink. I have been following a bar pattern fractal from 2019 that played out almost 1:1 for 358 days.
As you can see, LINK should have had a blowoff top by now, or has it? Something that I have learned a lot in this space is that blowoff tops are really anticlimactic. Prices go up, pull back, we all think it's just a small pullback, and then before you know it, it's a full-blown correction. When you look back, you realize, "Damn, that was the top."
The main chart you see above is one of many reasons why I think the top is highly likely. In 2019, we hit the 0.75 Fan Fib and topped out. So far, at this moment, it's finding resistance at this Fan Fib.
I have documented on my channel how the 2015 cycle macro structure is a lot like this cycle's structure, especially the cycle low. What happened in 2015 with Fib levels and Gann Fann.
Looking into it, we can see that Bitcoin topped out between the 0.5-0.618 Fib and around the 2/1 Gann Fann.
If you take a look at today's price action, you can see that we are in exactly the same spot as we were in 2015 before a big correction. A pre-halving 50% correction is always in the books.
A 55% correction to the 20k CME gap is very possible, no doubt, within the first 4 months of the year. This would be normal for a Bitcoin cycle.
The Mayer Multiple band 1.4 has predicted tops in Bitcoin for 2 years its been a very big resistance.
Finally we come to the chart I personally trust the most , the one chart and channel that has put me ahead of the curve most of the time and that is the USDT dominance chart.
You can clearly see that when the price comes to the bottom of the channel, we get a top in the market. It has predicted all the tops in the past few years. I cannot ignore this signal. Not only that, but the greed indicator fired off like the April top 2021. It's undeniable that the channel is strong and unbreakable.
Maybe this time it's different? Maybe this time it breaks down, and we go to an all-time high. Maybe I'm wrong, but I'm not taking the risk. I'm out.
SOL vs ADA - A Market Cap Risk Comparison SOL vs ADA - A Market Cap Risk Comparison
CRYPTOCAP:ETH , CRYPTOCAP:SOL & CRYPTOCAP:ADA can all rise together & one may win out over the other but I think this chart emphasizes the increased potential -92% downside risk in CRYPTOCAP:SOL
CRYPTOCAP:BTC , CRYPTOCAP:ETH & CRYPTOCAP:ADA have c.60% downside to their recent lows by comparison.
This also highlights just what an incredible run CRYPTOCAP:SOL has had. To be clear. I am not stating anything other than this.
▫️ SOL has increased downside risk vs BTC, ETH & ADA based on market cap increase
▫️ That Risk may never materialize but it is there and its better to know than not know.
▫️ There is room for all 3 in your portfolio, allocating based on downside risk avoidance may be beneficial.
Taking "some profits" when SOL hit $120 was clever and leaving something on the table for the larger long term move is also clever. Its not about being right, its about protecting yourself and trying to stay on the right side of probability. Allocate accordingly.
If you are a long term investor all this short term noise does not matter and you might be looking for SOL to make a new low to continue to DCA. Also fine.
I am presenting this visual to offer perspective to help you with your own personal portfolio decision. Its just a perspective worth considering.
PUKA
SOL/USDT 4H Chart ReviewI invite you to review the SOL chart in the USDT pair. We will start by defining the yellow line as an upward trend line from which the price has broken out at the bottom, creating an ongoing downward trend channel in which we are approaching the upper border.
Going further, we can move on to marking support areas when we start a larger correction. And here the first support is at the price of $89.78, but further we can define a very strong support zone from $80 to $67.
Looking the other way, once again after unfolding the fib retracement saitka, we see that the price has reached the resistance level at $100.73, only when it overcomes it and exits the upper channel, will it move towards the resistance zone from $118 to $126, which is held price before moving towards $151.
Please look at the RSI indicator, which has returned to the middle of the range, making it difficult to indicate the direction, while the STOCH indicator shows a downward movement with room for the price to recover more.
📉📈 SOLUSDT Price Analysis 📊💹📆 Recent Correction:
Over the last two weeks, SOL has been undergoing a correction.
🔍 Potential Retracement:
Possibility of further retracement to test support at $85 or the next support area at $75 - $80.
📈 Trade Opportunity:
Long trade opportunity may arise in the support area, contingent on a successful test and hold.
📣 Key Levels:
If it breaks through the $105 - $110 resistance on a higher time frame, the next level is at $140 - $150.
🔄 Market Dynamics:
SOL's movements are contingent on testing and holding key support and resistance levels.
📰💡 Conclusion:
Potential long trade opportunity if support holds at $85 or $75 - $80.
Breakthrough of $105 - $110 resistance may signal further upward movement.
#SOLAnalysis #CryptoTrading #MarketWatch
🔥BNB Will Dump: Everyone Expects It, Right?🤔Binance have not the best year according to the paid media. BTW, this is a largest and most regulated crypto exchange in the world, which have 100% proven reserves backed by BTC, stablecoins etc.
The return of BNB inside the triangle will be a bullish signal. I recommend you to take a look on the Binance Coin weekly candle close.
The targets are on chart.
💥 I think it is too early to bury Binance and BNB. What do you think?
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