After marking itself as one of the top chains, Solana has gained huge attention, which has now become the home for developers too. This has made the investors more confident and optimistic about the SOL price. As per some data, Solana’s long-term asset retention rates have increased notably. With this, the market participants now expect a significant rise in the token’s value in the months ahead. The SOL price is holding one of the pivotal levels around $216 as support, which has offered a strong base throughout the past week. Although the bulls are trying to keep up the rally, the growing upward pressure is weakening them. Hence, defending these levels could be extremely crucial, which may help the tokens to close the yearly trade on a bullish note. In the larger timeframe, the SOL price has completed a massive cup & handle pattern and also a retest after breaking the neckline. Therefore, now it appears to be pretty obvious that the token may now trigger a strong rebound. However, the drop in the buying pressure, as indicated by MACD, raises some concerns as the volume has also dropped to some extent. Moreover, the levels display a potential bearish crossover, which could worsen the SOL price rally by dragging it below the crucial support. On the other hand, the +Di & -Di of DMI were heading towards a bearish crossover, but both have halted and are trying for a bullish reversal. Besides, the ADX, which records the strength of the rally, is rising. Therefore, the price is believed to hold support at $216 and trigger a rebound, which could pave the way for a new ATH above $400. In case of a failure, then the Solana (SOL) is feared to drop below $200, which is unlikely with the growing bullish sentiments within the markets.
Curious to see what announcements/marketing campaign come out this week related to their new THC Beverage product launch at Total Wine Stores nationwide. Looking for bounce from current levels to 1.60’s support levels.
The Solana (SOL/USD) chart shows a Bullish Flag pattern, which is a continuation signal that forms after a strong upward move (flagpole) followed by a short period of consolidation in a downward-sloping channel (flag). The yellow trendlines mark this consolidation area, and if the price breaks out above the resistance line, there's a solid chance for a big move up. The target is calculated based on the length of the flagpole, with a potential gain of 58.68%, aiming for around $311.17 (Fibonacci 161.80%). If the bullish momentum continues, the next target is $366.55 (Fibonacci 224.00%). The green zone highlights the reward potential, while the stop-loss at $182.64 limits risk to 6.62%, giving a solid risk-to-reward setup. With the main trend still bullish and strong support near $195.59, a breakout could signal the continuation of Solana's uptrend. ? #Solana #BullishFlag #CryptoAnalysis #SOLUSD #Trading
Selling due to my strategy NYSE will open at 2:30PM GMT hopefully we get a lovely push down
STRONG SUPPLY ZONE Countertrend Expecting a 2:1 Risk to Reward Let’s see!
Time to sell gold, target 2610 In my Friday analysis, I highlighted that while the 2660-2665 zone is a technical support, it is too obvious and very likely to fall. This prediction came true as the week closed with Gold trading below this level, forming a strongly bearish daily candle. Additionally, a Pin Bar from the 2700+ resistance zone appeared on the weekly chart, reinforcing the bearish outlook. During the Asian session last night, the price tested the ascending trendline, and as of now, Gold is trading at 2656, hinting at a potential rebound following the 800-pip drop from its recent peak. Looking ahead, if a deeper rebound occurs, the 2680 zone will be a key level for bears to monitor. This area presents an ideal shorting opportunity given its favorable risk-to-reward setup. At the moment, I’m out of the market, waiting to sell into signs of weakness, with 2610 support as my target.
? "Anant Raj Ltd Eyeing Key Breakout Levels - Watch for Confirmation! ?"
2 Days ago I was made this on the group that Bitcoin will increase a New ATH again as the market and sentiments are still strong buying pressure. But this time I prepared for you to be ready for the final verdict of Bitcoin as it surrounds of 3 engulfing candle at the Higher time frame. Price of the bitcoin must hunt liquidity Target around for New ATH 112K and market will create new reversal point in this area. By 2025 the welcome will be a bearish market if given large account to hunt liquidity from the retail market. Be aware of this point and will be the most exciting moment of the crypto market.
As have discussed in our Multitime frame detailed analysis that after the broke of 2665-2670 support area market in in rangbound from 2660-2630 area. What possible scenario do we have? we were expecting the market to retest that 2660 level before futher downward movement and now its happened. On the other hand if market breaks the 2670 and gives the H4 candle closes above our bearish charts will be invaild. Furthermore, we are on looking on sellers volume and our targets will be 2645 first then 2630.
Es ist nicht das erste Mal, dass Sydney Sweeney sich gegen Hass im Netz stark macht. Diesmal geht sie einen wichtigen Schritt, der viele Opfer inspirieren dürfte.