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Weekly forecast Solana technical chart
Symbol SOLUSD
Trade Setup

#SOLUSDT
Total Profit: 18911 pip (737%)
Closed trade(s): 6470 pip Profit (252%)
Open trade(s): 12441 pip Profit (485%)

Trade Setup:
We opened 6 BUY trade(s) @ 25.68 based on 'Valley' entry method at 2021.07.21.

Closed Profit:
TP1 @ 28.40 touched at 2021.07.23 with 272 pip Profit (11%).
TP2 @ 34.10 touched at 2021.07.31 with 842 pip Profit (33%).
TP3 @ 38.60 touched at 2021.08.06 with 1292 pip Profit (50%).
TP4 @ 43.40 touched at 2021.08.11 with 1772 pip Profit (69%).
TP5 @ 48.60 touched at 2021.08.15 with 2292 pip Profit (89%).
272 (11%) + 842 (33%) + 1292 (50%) + 1772 (69%) + 2292 (89%) = 6470 pip (252%)

Open Profit:
Profit for one trade is 150.09(current price) - 25.68(open price) = 12441 pip (485%)
1 trade(s) still open, therefore total profit for open trade(s) is 12441 (485%) x 1 = 12441 pip (485%)

Trading suggestion:

  • We have already opened Buy trades, based on Trend Hunter Strategy, trade setup is drawn on the chart and shows entry and targets.
  • If the Midterm level 115.99 is broken, we will close open trades.

DateOctober 14, 2021 - 19:48
Currentuptrend
Forecastcontinuation of uptrend

Midterm forecast:

  • 115.99 is a major support, while this level is not broken, the Midterm wave will be uptrend.
  • We will close our open trades, if the Midterm level 115.99 is broken.

Technical analysis:

  • A peak is formed in daily chart at 177.800 on 10/03/2021, so more losses minimum to Major Support (115.990) is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 50.

Take Profits:

  1. 28.400
  2. 34.100
  3. 38.600
  4. 43.400
  5. 48.600
Click on the level to view price action history.

Symbol Released Current Forecast
Solana (SOLUSD) free Fri, 22 Mar 2024
Solana (SOLUSD) Mon, 18 Mar 2024
Solana (SOLUSD) free Sun, 10 Mar 2024
Solana (SOLUSD) Mon, 4 Mar 2024
Solana (SOLUSD) Sun, 25 Feb 2024