SOLAnalysis
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$SOL update
Sol respected its bullish trendline and its nearest resistance was 101 and sol broke it
Sol was bearish for short-term and was respecting its bearish trendline but today sol has broken the bearish trendline and now its ready to fly
Spot traders now you can buy sol and hold it til 125 to 140
#SolanaTrade #SolanaUpdate #SOLAnalysis #cryptochartcraft
Sol respected its bullish trendline and its nearest resistance was 101 and sol broke it
Sol was bearish for short-term and was respecting its bearish trendline but today sol has broken the bearish trendline and now its ready to fly
Spot traders now you can buy sol and hold it til 125 to 140
#SolanaTrade #SolanaUpdate #SOLAnalysis #cryptochartcraft
Alert đš #SOLAnalysis
The Real Correction now started of Solana .
we may again test the Solana at the range of 45 to 49$ level.
Depends upon BTC.
The Real Correction now started of Solana .
we may again test the Solana at the range of 45 to 49$ level.
Depends upon BTC.
#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
đ 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. đđ #BitcoinWorld #SOLAnalysis đčđđ
$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. đđ
#SOLAnalysis #cryptocurrency!!! #MarketTrends #TradeNTell #TrendingTopic
**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. đđ
#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.
#Solanađđđ #SOLAnalysis #SolanaPredictions $SOL
#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.
#Solanađđđ #SOLAnalysis #SolanaPredictions $SOL
$SOL is rejecting by its weekly resistance after a huge movement đ€
Now 48$ will work as a strong support 60$ is acting his strong resistance
#SOLAnalysis #SolanaRising #SolanaPredictions #Solanađđđ #SolanaBreakpoint
Now 48$ will work as a strong support 60$ is acting his strong resistance
#SOLAnalysis #SolanaRising #SolanaPredictions #Solanađđđ #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
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 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 #Solanađđđ #SOLAnalysis
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 #Solanađđđ #SOLAnalysis
$SOL COULD DROP TO $70 đš According To This Theory đ
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? đ€ Let Me Know In Comments đ
STAY TUNED! đ„ & Remember, Your Support Is MASSIVELY Appreciated!đđȘ - DYOR đ NFA.đ€
#SolanaPrice #SOLPricePrediction #SOLAnalysis #Altcoins2024
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? đ€ Let Me Know In Comments đ
STAY TUNED! đ„ & Remember, Your Support Is MASSIVELY Appreciated!đđȘ - DYOR đ NFA.đ€
#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
- 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
$SOL URGE MORE LAYERS 2 đš Here Is Why đ
Solana's Blockchain is facing congestion due to a massive increase in users. That's causing a "negative" impact on SOL's price. In fact, congestions cause transaction failures and many users are complaining about that. Watching at data, up to 70% of transactions have failed recently! In order to solve this problem, SOL should implement more scaling soultions. In fact, layers 2 solutions increase the network's capacity in order to handle more transactions simultaneously. Basically is like to add more lanes to a highway to reduce traffic congestion.
If you are curious about Solana Blockchain/Market Data, I recommend you to go on:
- explorer.solana.com
- theblock.co/data/on-chain-metrics/solana
- messari.io/project/solana/charts/market
DYOR & STAY SQUARED đȘđ„
#solananews #SOLUpdate #cryptoalerts #SOLAnalysis
Solana's Blockchain is facing congestion due to a massive increase in users. That's causing a "negative" impact on SOL's price. In fact, congestions cause transaction failures and many users are complaining about that. Watching at data, up to 70% of transactions have failed recently! In order to solve this problem, SOL should implement more scaling soultions. In fact, layers 2 solutions increase the network's capacity in order to handle more transactions simultaneously. Basically is like to add more lanes to a highway to reduce traffic congestion.
If you are curious about Solana Blockchain/Market Data, I recommend you to go on:
- explorer.solana.com
- theblock.co/data/on-chain-metrics/solana
- messari.io/project/solana/charts/market
DYOR & STAY SQUARED đȘđ„
#solananews #SOLUpdate #cryptoalerts #SOLAnalysis
LIVEcapital Gbnz
--
Bearish
SOL Short
Entry â Market price 97.5
Take profits
96.90
96.20
95.40
95
sl 101.20
#Sol #BTC #etf
Entry â Market price 97.5
Take profits
96.90
96.20
95.40
95
sl 101.20
#Sol #BTC #etf
$TRX IS ON FIRE! đ„ $SOL & $ETH Sit Now Behind! đ
Tron (TRX) has just overtaken ETH and SOL in daily revenue! That's an incredible record that has been achieved thanks to the success of the SunPump (SP) platform. SP is a platform that is used for creating and launching memecoins and recently it became a major driver of activity, attracting thousand users. TRX's ecosystem is clearly expanding rapidly! If we watch at data's revenue, TRX has reached $3.8 million in just 24 hours and $169 million in the last 30 days!
- Please Don't Forget to Cast Your VOTE đ!
In my opinion, TRON is becoming a significant player. It demonstrated to maintain growth by lowering transaction fees and increasing user engagement! Also, don't forget that TRON holds the second-largest supply of stablecoins, accounting for 35% of the total market!
Is TRX A Long Term Hold? đ€ Let Me Know In Comments!
STAY TUNED! đ„ & Remember, Your Support Is MASSIVELY Appreciated!đđȘ Also Don't Forget To Share It To Your Buddy! đ - DYOR đ NFA.đ€
#TronNetwork #TRXUpdate #SOLAnalysis #memecoins2024
Tron (TRX) has just overtaken ETH and SOL in daily revenue! That's an incredible record that has been achieved thanks to the success of the SunPump (SP) platform. SP is a platform that is used for creating and launching memecoins and recently it became a major driver of activity, attracting thousand users. TRX's ecosystem is clearly expanding rapidly! If we watch at data's revenue, TRX has reached $3.8 million in just 24 hours and $169 million in the last 30 days!
- Please Don't Forget to Cast Your VOTE đ!
In my opinion, TRON is becoming a significant player. It demonstrated to maintain growth by lowering transaction fees and increasing user engagement! Also, don't forget that TRON holds the second-largest supply of stablecoins, accounting for 35% of the total market!
Is TRX A Long Term Hold? đ€ Let Me Know In Comments!
STAY TUNED! đ„ & Remember, Your Support Is MASSIVELY Appreciated!đđȘ Also Don't Forget To Share It To Your Buddy! đ - DYOR đ NFA.đ€
#TronNetwork #TRXUpdate #SOLAnalysis #memecoins2024
