Facebook Instagram
Facebook Instagram

Market Insights

solusd Ideas

Unlocking the Potential: Cryptocurrency’s Impending Surge in Value

Dear friends I hope you are well and have had a week filled with successful and profitable transactions. My analysis text: "Cryptocurrencies and the Solana market are in the third wave, and of course, we witnessed very good growth. But currently, the fourth wave can be a zigzag pattern and it is not yet completed. It is expected to go below wave A once again, and then we will see the price action by the impulse pattern. Although the index of cryptocurrencies, in my opinion, if Bitcoin grows in its current market, then we are likely to see Solana grow, of course, this...

By NovaX
Updated 14 hours ago
  • 0

VanEck Aims for First-Mover Advantage with Solana ETF Proposal

VanEck Solana Trust: A Potential Game-Changer in the Cryptocurrency Market VanEck, a leading innovator in the exchange-traded fund (ETF) space, has made a strategic move to capitalize on the growing popularity of Solana by filing an application with the Securities and Exchange Commission (SEC) to launch the first-ever Solana ETF in the United States. This filing, announced on June 27 via the X platform, signifies VanEck's commitment to expanding its cryptocurrency investment offerings and reflects the company's belief in the potential of the Solana blockchain. About the VanEck Solana Trust The proposed ETF, named the VanEck Solana Trust, aims to directly track the...

By NovaX
Updated 5 days ago
  • 0

Ethereum Surpasses Solana: The Future of Crypto Trading

I've been monitoring various crypto charts, and it seems that the narrative surrounding SOL may be reaching its conclusion. My analysis suggests that ETHUSD and ETH-related coins are poised to surpass SOL and its related assets. While SOL and its associated assets may experience a temporary surge to retain investors, I anticipate that they will enter into longer-term downtrends. Looking ahead, the strategic move appears to be towards ETH-related assets. Despite many investors losing interest in ETH-related names like AAVE, APE, BAL, CHZ, CRV, KNC, SHIB, and others due to stagnant prices since last October, I believe a shift is imminent....

By NovaX
Updated 6 days ago
  • 0

Navigating the Cryptocurrency Rollercoaster: Solana’s Rise and Fall

In our recent analysis, we shared a contrarian view by predicting a potential decline for Solana towards the $10 level. It seems like we may have hit the peak and anticipate further downward movement. Our analysis indicates a 535 Zigzag correction pattern unfolding. Our selling confirmation came with the break of the red trendline, marking the transition from wave B to wave C. To invalidate the bearish scenario, we are monitoring levels above 210. We are on the lookout for additional shorting opportunities and will update our insights on new entry points. Wishing you success in your trades and remember...

By NovaX
Updated 7 days ago
  • 0

Solana: Unveiling TWO Bearish Signals in the Crypto Market

Solana has lost a longstanding trendline that acted as support since October 2023. The price has been unable to bounce back, and we're seeing a steep decline as bears are outweighing buyers. A Technical Indicator (which I use mainly to determine trend swings from a macro perspective) has just flashed SELL in the weekly timeframe. Now based on previous instances, this took us MUCH lower. These alerts happen in real time when a certain conglomeration of parameters are met (based on Strength, Trend, Averages, Real Time) and so naturally, the higher the timeframe the better the result. The only way we will be safeguarded...

By NovaX
Updated 1 week ago
  • 0

Solana Price Analysis: Will the Bearish Momentum Persist for Further Declines?

Entry: 140.47 Why we like it: There is a pullback resistance level that aligns with the 23.6% Fibonacci retracement. Stop loss: 151.74 There is a pullback resistance level which aligns with the 50% Fibonacci retracement. Take profit: 119.62 Why we like it: There is a pullback support level which lines up with the 100% Fibonacci projection. Please be advised that the information presented on TradingView is provided to Vantage ('Vantage Global Limited', 'we') by a third-party provider ('Everest Fortune Group'). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information...

By NovaX
Updated 2 weeks ago
  • 0
Load More

Whatever the trade

Look first

Then leap

Contact NovaX

Privacy Policy

Terms & Conditions

Facebook Instagram

© 2024 NovaX, Inc.