$SOL update

Sol respected its bullish trendline and its nearest resistance was 101 and sol broke it

Sol was bearish for short-term and was respecting its bearish trendline but today sol has broken the bearish trendline and now its ready to fly

Spot traders now you can buy sol and hold it til 125 to 140
#SolanaTrade #SolanaUpdate #SOLAnalysis #cryptochartcraft

Alert 🚨 #SOLAnalysis
The Real Correction now started of Solana .
we may again test the Solana at the range of 45 to 49$ level.
Depends upon BTC.

first tp triggered 🤑

#sol #Solana-SOL #SOLAnalysis

$SOL WILL RETEST
SO WE HAVE TO SHORT FROM HERE TILL 55 -56

#sol #SOLAnalysis

📊💡 Decoding SOL Trends: Insights You Can't Miss!

Crypto enthusiasts, here's a quick dive into the SOL dynamics that demand your attention!

🔍 Chart Analysis Unveiled: Key Rejections Signal Shifts
Zoom into the chart's bottom, and you'll spot 4 rejections clustering around a specific price point. SOL is currently lingering in this zone. A crucial juncture indeed! If it closes below this resistance, brace for impact – the next target could be $67. In such scenarios, opening short positions might be the strategic move.

💼🔄 Two Sides of the Coin: Break or Hold
Flip the coin, and there's another narrative. Should SOL triumph over this resistance level, a triumphant return to $100 is on the cards. Long positions might just be the winning strategy here.

📈📉 Stay Informed, Trade Smart:
As the $SOL story unfolds, keep a watchful eye on these critical levels. Market dynamics can swiftly shift, and being informed positions you for smarter trading.

💬🚀 Your Thoughts Matter!

#TradeNTell #Write2Earn #CryptoInsights #SOLAnalysis #solana $BTC $ETH

#altcoins #SOL #SOLAnalysis is trying hard to reverse and will succeed. Top of channel will certainly reverse in my opinion. 2 more brutal modules left. Making new lows process kicking off

Fibonacci
#SOLAnalysis
#imbalances #PriceAction #OrderBlocks #SMC
Vamos...

📈 SOL soars 80% in a month, with FTX selling 2.14M SOL, Coinglass data shows long positions dominating Binance futures market, and 30 whale addresses hold 16.74% of total supply. 🚀📊 #BitcoinWorld #SOLAnalysis 💹🐋🔝

$SOL is so back! 🚀
#SolanaPredictions #SolanaInsights #SOLAnalysis #Solana📈🚀🌐 #ETF

$SOL

**Solana (SOL) vs. US Dollar (USDT) Analysis**

Solana (SOL) is currently undergoing a consolidation phase within the confines of a descending triangle pattern. This geometric formation typically signifies a period of indecision in the market, with potential implications for future price movements.

Presently, SOL maintains a trading position above the critical horizontal support level, indicative of a degree of resilience among buyers. Adding to this perspective, the 200-day Moving Average (MA 200) paints a positive picture by signaling a bullish trend.

To gain clearer insights into SOL's future trajectory, market participants should remain vigilant and await a decisive breakout or breakdown from the descending triangle pattern. This key event will likely provide a more definitive direction for SOL against USDT, guiding traders and investors in making informed decisions.

In essence, the current consolidation phase demands patience and careful observation, with the MA 200 and horizontal support acting as essential reference points. A successful breakout could usher in bullish momentum, while a breakdown may signal a shift in market sentiment. 📉📊

#SOLAnalysis #cryptocurrency!!! #MarketTrends #TradeNTell #TrendingTopic

#SOL/USDT ANALYSIS

#SOL pumped with a decent volume after the breakout of the ascending triangle.

Currently, it is facing horizontal resistance.

A solid breakout of the horizontal resistance would be the bullish confirmation.

However, if it faces rejection, a correction may be anticipated.
#Solana📈🚀🌐 #SOLAnalysis #SolanaPredictions $SOL

$SOL is rejecting by its weekly resistance after a huge movement 🤑

Now 48$ will work as a strong support 60$ is acting his strong resistance
#SOLAnalysis #SolanaRising #SolanaPredictions #Solana📈🚀🌐 #SolanaBreakpoint

Though $SOL , native token of Solana, is down 11.3% in just 2 days, it holds a robust position with strong derivatives markets and on-chain metrics.

Previously, $SOL had clocked a remarkable 58.6% surge in just five days, reaching a $64 high on Nov. 11

Despite the fall, it maintains a seven-day gain of 35%.

#SOL #SolanaInsights #SOLAnalysis

SOL: Expectations as Always?
The Solana network has had many good news stories in the last few weeks. Despite a drop in price and then a prolonged rise, SOL remains resilient. As we all know, where BTC goes, the market goes. SOL seems to have held its own in this volatile market cycle. TA specialists will have noticed that most cryptocurrencies have had their prices fall below the 200-day moving average, which includes Bitcoin. SOL did this only very briefly and then a steady rise.

To some, there is now an expectation of only good news when it involves SOL. We have had the announcement of blinks (Blockchain Links), which is a game changer. There is the fact that Solana has now surpassed ETH in weekly on-chain trading volume. Solana has also surpassed ETH and Arbitrum combined in 24-hour DEX volume. We must not forget that Solana has now captured 38% market share of all on-chain volume, underscoring its growing influence.

Another development is the major TWAP alert. TWAP, or Time-Weighted Average Price, is a trading algorithm that spreads a large order into smaller chunks and executes them over a specified period. This method helps minimize the market impact of large trades by averaging the execution price over time. It is also the method used by institutional investors to help in avoiding unfavourable market prices. Sol trading patterns have emerged that a lot of TWAP is taking place on Coinbase, Gate_io, Okx, and Binance. In this case, automated orders amounting to US$6.5 million per hour. The Whales, ladies, and gentlemen are stacking!

Finally, testing Solana Firedancer has begun. Solana Firedancer is a high-performance validator client for the Solana blockchain network. Firedancer seeks to improve transaction throughput and reduce latency, scaling the network and handling a larger volume of transactions. We have a game-changer, ladies and gentlemen.

So, when is the price going to improve? I hear you asking. I wish I knew when. And as always, your guess is as good as mine.
$SOL #Write2Earn #SOLAnalysis

The Significant Solana Update $SOL

TF: 1W

ID: Resistance

Meaning: Solana is at a vital obstruction around $50. As we can check in the outline, the cost is dismissed from this definite point before. It is extremely basic to break this obstruction, generally descending value development is normal.

The Solana (SOL) cost has flooded to a 14-month high as financial backers recapture trust in the blockchain.

The meeting has blown some minds that Solana would keep exchanging sideways until the end of 2023, with $SOL currently exchanging over the pivotal $40 level.

While $SOL proceeds with its upswing, financial backers are as yet searching for the following under-the-radar a coin that could detonate in November.

#SolanaPredictions #Solana📈🚀🌐 #SOLAnalysis

$SOL COULD DROP TO $70 🚨 According To This Theory 👇

According to the Elliott Wave Theory, Solana (SOL) could fall to $70. This theory is often used by investors/traders that aims to identify the stages of market trends and potential reversal points. The Elliott Theory includes wave patterns and market psychology. 5 wave pattern (1, 2, 3, 4, 5, see picture) and 3 corrective wave patter (A, B, C). Basically these waves reflect the collective investor behavior and emotions. Up waves = periods of optimism and growth; Down waves = pessimism and consolidation.

Personally I don't think SOL will fall to $70 because this theory does not include factors like: community strength, tech advancements, global economic policies and fundamental analysis. Basically, this theory should be combined with additional external data to make informed decisions.

What Price Will SOL Reach During This Correction? 🤔 Let Me Know In Comments 👇

STAY TUNED! 🔥 & Remember, Your Support Is MASSIVELY Appreciated!👍💪 - DYOR 🙏 NFA.🤝

#SolanaPrice #SOLPricePrediction #SOLAnalysis #Altcoins2024

$SOL has bounced twice in the support zone, forming a double bottom pattern. It's currently at the neckline, poised to break above. The market shows strong bullish momentum due to the following reasons:

- The 200MA is trading below the daily candles.
- A double bottom pattern has formed on the chart.
- There is a strong support level in place.

This confluence of factors suggests a potential breakout and continued upward movement for $SOL.

#SOLAnalysis #BinanceTournament