THE MOST VALUABLE #SOLANA VIDEO YOU WILL WATCH! | Solana #SOL Price Prediction and Analysis 2021

What's up everybody, welcome back to The Art Of Crypto, the birthplace of absolutely legendary gains. In this video, we are going to take a look at Solana and figure out if it's still going to keep pumping or is it going to start dumping, as well as if you want to figure out exactly where's the top for Solana or the exact levels that I'm going to be paying attention to for Solana, you're going to want to stick around till the end of this video. But right before I dive right into it, if you haven't already followed me on Twitter at underscore the art of crypto, this is where I'm sharing the latest market updates as well as any charts that I cannot share on YouTube due to time constraints. This is where you're going to find it. And at the moment, the monthly subscription is still open for about another 15 spots remaining, and then it is going to be closed. So if you are looking to get into the monthly subscription, make sure you get into it right now. So Solana. Immediately, let us jump on to the weekly so that we may figure out exactly you know where is the top for Solana if you may. So if we just draw a fib from this swing top over here to this swing low over here, we can see that Solana in general has been actually respecting this fib very well. And if you notice, I actually like increased the size of the scale text right the scale font. So So let me know, guys, if you guys can finally see the scale text on the phone. Like, I'll try zooming in later, but let me know in the comment section if this is better or do you want the scale text to be even bigger during recordings. So if you just look at this fib right here, you can see that for the most part, Solana has actually respected it quite well. You've got rejections here, you've got rejections here, you've got rejections here. Like, you understand the point. So in order to kick things off, let us first start off on the daily chart where I am going to draw a fib from this swing top this swing low over here. And as you can see, for the most part, Solana has been respecting this fib, right? It's not like perfect, but that's the thing with fibs, right? It's subjective and it never is perfect. Now based on this fib right here, you can see that this move really started from this swing low to this— from the swing high to the swing low. And then it started and, you know, Solana ran. And at the moment we are closing in on the 5.618 fib level. And for those of you who do not know This level is very significant because 5.618 is usually like the end, right? It's the end of you know any wave. And am I saying that this is going to be the exact top? That's not what I'm saying. But this is something that we want to pay attention to. Not only that, but if we do draw a Fibonacci from this swing top to this swing low over here, and you can see on the daily chart—oh sorry, on the weekly chart—it looks way more clearer. So if you draw a fib from here to here, you can see that. At the moment, if we go back onto the daily chart, the price actually respected this fib a little bit as well, right? It's not perfect. Fibs are never perfect. It's very subjective, right? You've get you're getting rejections here, right? You're getting rejections over here. You're getting support. You know, just it's not a perfect fib, but it gives us an insight into where potentially Solana might find its top at. And at the moment, the fib tells us that it could be anywhere from one eleven dollars. $120, about $160, or $200, right? And at the most, right, to $235-ish, right, for this move alone. And these are the levels that we should be expecting a pullback at. And am I saying that Solana is going to get to $235? No, absolutely not. That is a long-term target, right? Just like how the target at $111 is the 5.618 Fib retracement level— sorry, Fib extension level for this massive move upwards. The 5.618 for this massive move right here is going to take weeks. Granted, I did not expect Solana to hit this level that quickly as well, but I really like to summarize it with a tweet from Coin Bureau. That feeling when ADA and Solana are at their all-time highs and you hold both in your portfolio. This is exactly how I feel right now. So congratulations to all of you Solana holders. This is a very momentous occasion indeed. So these are the levels that immediately, right, my eyes is going to go to $111 and $120 for potential tops, right? Potential, right? you never know what is the top until, you know, until you get a break of structure. And I'm gonna get into that right now. So those are the potential tops for Solana. And now we are going to discuss, you know, in the event that a top is formed, what should you be looking out for? So to draw your attention, you're going to want to spend a lot of time in the 4-hourly chart, right, or the daily chart, whatever works. So I'm sure it would be fair to understand that as long as something is bullish, you expect, you know, the formation of higher highs and higher lows. So in the event that over here you can see that we have broken this market structure level over here to form a lower low. So in this case, are we bearish? Well, apparently not, but it doesn't take away from the fact that we should be looking for structure breakings like this in order to determine if something is bullish or bearish. In this case, back then we had a bearish order block over here and we had a break of structure over here as well. So I was saying, hey, Solana might have formed its top This looks sort of like a distribution pattern as well. So I was like, hey, Solana might have formed its top, and you know, to short in the bearish order block. Well, we did get a very tiny little rejection, but as you can see, Solana proved every one of us wrong, and it is still incredibly bullish. However, the thing that you're going to want to look out for when Solana starts to flip bearish is you're going to want to look for a similar structure like this. So imagine right now if Solana starts dumping, right? This last bullish candle here, this is going to become your bearish order block. Right now I'm giving you hypo— like hypothetical scenarios right here. Like I'm teaching you what to look out for, right? In the event that Solana dumps, this is going to become your bearish order block because this is your last bullish candle before a massive move downwards, right? The last bullish candle before a massive move downwards. This is all happening on the 4-hourly. I would recommend the 4-hourly at least, right? At least. Like better, yeah, if you get it on the daily chart, that's even better. But as you can see, we did not get it on the daily chart, so Let's take 34 hourly. It is short enough that you're going to get an entry, but it's long enough that you're not like you're not getting just noise, if you know what I mean. So in the event that again this is just what to look out for, right? In the event that Solana dumps, this is going to become your bearish order block, right? And you're going to want to mark down a previous swing low. And all it needs to be to be considered a swing low is for the low of this candle to be lower than the two candles right next to it. So this over here, this is your swing low. So The two conditions that you are going to want to fulfill in order to consider like that Solana is has formed the top and it is going to go down is you're going to want a break of structure, right? Basically, you're going to break a previous low because what's that? Like what's going to happen then, right? And remember, it has to be in the same move, right? If that happens, then what you're going to get is a retracement back to the bearish order block, and this right here is going to be your entry because you've already formed a lower low, right? right? If you break this low over here, that means you're going to form a lower low no matter what. So this is not where you enter, right? Over here in this bullish order block right here, which I'm going to mark out as the order block entry. I'm going to give you 2 entries for a bullish— like a bullish scenario. It's going to be at $88.8 and $88. This is going to be your 2 bullish entries with a stop loss at just underneath this order block. So if you get Solana at this level, right, the stop loss is going to be at $85.4, And the entry is going to be at 88. Let's just count it as $89 and $88. So in the event that it does dump from here— now I'm not saying it's going to dump from here, but in the event that it does, right, this is how you're going to play it. It's going to first come into a bullish order block, right? Which means if Solana does go to $111, right, let's try to play it out ahead, right? This is a price prediction after all. So if the price comes here and it starts dumping, right, you're going to hopefully want to see in order for Solana to be bearish, you're going to want to see Solana come to here first, right? At this point, it is not bearish yet because you haven't broken the swing low. So in this case, I'm going to mark out this level right here at this bullish order block as another potential entry for a long for Solana. And I hope you guys are keeping up here. This video is going to get quite technical, but this will teach you how, like, I look at the markets and potentially how to think multiple steps ahead. So in this case, I'm— in the event of a pullback, this level right here, $94.65, is going to be the immediate level that I'm going to look for in order to buy a pullback. Now, if you wanna dollar cost average just a tiny bit, you are going to wanna do it at this level right here, at $93.40. Now, if you had $8,000 to play with, then you would go in with $500 here and $500 here. That is how you dollar cost average. And that is pretty much how, you know, every single trader that knows what they're doing is doing. Okay, so that's going to be your entries for Solana in the event of an immediate pullback, and your stop loss is going to be at about $90. This is about a 4 to 5-ish stop loss. But in like, if you get this, it's, you know, this is the invalidation point, right? If you do get a break of structure, that means you just got invalidated. Now you could argue that, you know, if we were to follow the scenario that I was talking about just now, that means that Solana is likely going to come up here, right, get rejected, come come back to this bullish order block or at this level right here, which I'm going to mark out as a point of support, right? $98 is going to be a point of immediate support. So imagine if you get rejected here, you come back up here and then you bounce, right? Then Solana is absolutely, absolutely still bullish, right? That means you buy Solana here at $98. But in the event that it does get rejected, right, it forms a lower low, sorry, a lower high, and it comes down to here to break structure, right? Just as an example, and to fill in this order block entry right here. So you could argue, Because of what I mentioned just now, in the event that this happens, there is going to be a bearish order block formed somewhere around here, correct? Because you know it's going to be the last bullish candle before a massive move downwards. So in the event that that happens, you could argue that you shouldn't use a stop loss if you're buying Solana at these three levels because the stop loss over here is going to mean that you're going to get a break of structure. So you don't use a stop loss; instead, you buy more over here, right? And then you ride the wave back up to the order block. And then this is where you stop out your short position, right? If you were short, then this is where you would exit. Sorry, if you were long, right? If you were long, you would have been in a negative at this point, okay? But then if you continue buying lower, then your position is going to be pulled lower. And then when Solana retraces back to that bearish order block, then you can get out. And in fact, you can build a short in this bearish order block, and then you are going to ride it down to the next area of value. In this case, it is going to be Over here at this level, so which I'm going to mark out this level as $79, right? This is going to be like your next area of value, like in a midterm sort of position, right? In fact, this whole block right here, it's going to be like a key level of—it's going to be a key weekly level or even a daily level. So just pay attention to these four levels over here. In fact, I probably shouldn't write down. Yeah, let's just put it as order block entry for now. So. In this case, right, I actually wouldn't use a stop loss and I would just look for this. So this is how you determine if Solana is bearish, right? All of these, all of these conditions that I just mentioned, they all, they happen repeatedly, right? As long as something is bearish, it always happens. So just pay attention to that, right? And you might think, hey, um, this, this, this didn't work before, so what makes you think that it's going to work this time? Look, there's nothing absolute in trading, right? It's always a game of probabilities. You simply play, you know, you simply take the trade that has the higher probability to play out in the direction that, you know, you're looking for it to play out in. And in this case, this is going to be your high probability trade. So regardless of whether you are going to be wrong or not, it is perfectly fine for you to take this trade. Even if it gets stopped out, you know you have made the right move. So I hope that makes sense. So this is going to be the exact scenario that you're going to want to look for in order for Solana to be bearish and to take a short. If you didn't catch that, you're going to want to go like just 5 minutes back and just just rewatch this, right? This is really advanced stuff right now. This is exactly how I think, um, when I'm looking at the market. So if you found value from that, right, if you feel like you've learned something new from this video, I want you to just drop a like button. It's a really small gesture, but it really, really helps me a lot. So this is going to be the scenario for Solana. And just to reiterate the key levels of support, right, this wouldn't even be key level. This would— this is just going to be like the first level of support, right? If I draw a fib from this swing low to that swing high, You can see that in fact, oh, this isn't actually going to be. This isn't actually even going to be a very strong level of support. But if I do bring this up to one eleven dollars, let's see where is that. So if I bring it up to one eleven dollars, you can in fact see that the point six one eight level will lie at about ninety eight dollars. So this ninety eight dollar level should only be taken into consideration if Solana gets to one eleven and starts getting rejected. Then This 0.618 level, which I'm going to draw a little bit higher, this is going to be your first level of support for Solana, right? And you're going to want to mark this down, okay? And again, if you are confused, you're really going to want to rewatch this video. So in the event that we immediately get a pullback here, I'm not going to get Solana at $98. What I'll do is I'll focus on $94.6 and $93.4 to get Solana. And I'm not going to use a stop loss for this entry right here. Rather, I'm going to add on to my position at $89 and $88, because if you do get, you know, Solana at both of these levels, then in the event of a break of structure, you are going to get a pullback, right? And on the pullback, I'm going to take profit, right? I'm not going to be greedy and think Solana is going to do the same thing it did back here and it's going to pump, right? I'm not going to do that, because if you just take a look at Market Cipher right now— and yes, I, I still do sometimes use Market Cipher, just very rarely, once in a blue moon But you can see that Market Cipher is sort of losing steam, right? Money flow is starting to go into the red. Now, am I saying that this is the end for Solana? Absolutely not. But I'm just saying that a retracement could be in order, right? If you form a red dot here right now, this is going to be bearish divergence, right? Because you have over here at this red dot over here, the high was over here, right? But then if you form a lower low— sorry, a lower high on Market Cipher, right, like this, then then you're going to form another red dot here, but the price is up here. So when the price is going up but the indicator is going down, this is what you call bearish divergence, which means that a pullback might be in order. So just make sure you pay attention to that. I'm not saying it's absolutely going to happen, but if it happens, you are going to be ready for it. And this is like the perfect example of, you know, matching retail trading and institutional trading. And I hope you guys find value from this. So in the event that You know, we've discussed all of this already. So now let's discuss like what if Solana like goes through an absolutely massive crash, then what levels should we be paying attention to? So right off the bat, I am actually going to remove this level from here. Like I'm not going to be paying attention to this level, but I'm going to be absolutely paying attention to this block right here. So not only can you see on the VPVR that you have a lot of support at this level, right, just based on volume, But this is also like just, it's just a weekly level, right? If we, sorry, a daily level. Like if we just go onto the daily chart, you can see that there are reactions in these levels right here. So to go back onto the 4-hourly chart, in the event that Solana goes through an absolute like hard crash, then this is the level that I'm going to wanna watch for. And if I were to take a trade over there, then I'm going to be setting my stop loss right about there. So I'm going, in the event of an absolute crash, I'm going to try to catch Solana wicks at about $75.70, $74, and $73 with a stop loss at about $69. So the way you're going to want to use all of these entries, remember, you always want a dollar cost average. If you had $1,000 to play with, you're going to go in with about, I don't know, $200 here, $300 here, and about $500 here. Now again, this is simply my opinion. I'm not trying to tell you guys what to do. In fact, I would highly suggest you guys to just paper trade this, right? to just get a feel for how it works. But I'm just telling you guys that, you know, in the event of a crash, this is where you're gonna find the most support. And let's just say that if you break, like if you break below this level right here at $66, then it's not gonna be pretty, right? Solana is absolutely instantly going to go back to $45. So just be aware of that. Like this is going to be the other entry that you're gonna wanna watch for. A break of $66 is going to bring you straight down to $45. Just look at the amount of inefficiency in this level. Like, it's ridiculous. Like, just look at the VPVR on just this block over here, right? There's nothing, zero support. So if you break $66, that could be a signal for you to take a short all the way down here as well. And over here is going to be where you want to go long, right, at about $46. So this should cover all, pretty much all contingency plans for Solana, and it should give you a very clear understanding of what Solana is going to do over Over the next like weeks, and for now, I always like to say when you are bullish, like when you are when the trend is bullish, you lean towards bullish, right? You buy. You don't try to short. You don't try to catch the tops. I've given you like the exact scenarios that will play out when you are trying to catch the tops, but do not try to catch the exact top, right? You can always jump in after you get a confirmed break of structure and just sentiment change, right? You don't need like you don't need to catch the exact tops and the bottoms. to make money. Like, most of the money is made in the middle. So just be aware of that. And right now, if you feel like, hey, this guy seems to know what he's talking about, and if you just wanna learn how to, you know, just trade the way, you know, the way that I do, then you're gonna wanna really check out the private Discord group. Over here, you're gonna get access to the trading education where I lay down everything that I've learned over the years. You're gonna learn what works. You're gonna learn— you're gonna learn to discard 90% of the things that don't work. And as a bonus, you're gonna get access to profitable trading setups every single day. As well as very in-depth market analysis, right? Daily. Like, even if I'm not on YouTube, I will definitely update the private group. But anyways, right now monthly is open for just about another 15 members or so. So if you want to get in, you better get in soon. The link will be in the description. We have had already a lot of people who have paid off their memberships real quick. Like, we're making profits every single day. So let's just say it's going to pay itself off real quick. So for your bonus trading setup for today, you're going to want to pay attention to Rune. Okay, right now I'm going to use the BTC chart for this, but you can absolutely trade this in the USDT pair, right? You're going to want to pay attention to this setup right here. Over here you have a bullish order block on the 4-hourly, and the VPVR suggests this. Over here I already went long at 1967 satoshis, but in the event that you do get another re-entry of these 2 points right here You can absolutely go in. So the two points are going to be 1967 satoshis and 1926 satoshis, and your stop loss over here is going to be at about 1854 satoshis. And in this case, this is going to be your two entries. Otherwise, you're going to want to mark down this level at 2020 satoshis, right? Or maybe just a tiny bit higher. Yeah, just a tiny bit higher would work better. So you're going to want to mark down this level at 2032 satoshis, and you're going to want to buy the breakout of that level. So that means you're going to enter over here, or you're going to enter on the bullish retest. Now the reason why I suggest both of these entries is because it is safe, right? Usually a breakout is supposed to break out, right, to, to the moon. You're not supposed to come back down. So by setting your stop loss, right, by entering here, you can set your stop loss right below here, or even just right below here. So you know that in the event that the price does fall back down and stop you out, then that's perfectly fine, right? Even the best traders in the world are wrong about half the time. And yet they are still wildly, wildly profitable. So the TPs for this trade is going to be at 2151, 2255, 2419, and 2535. Now this is a very quick 15% trade, so I hope this works out for you. If you watch until this point so far, I really want to know who— like, I just want to know, like, who gained the most value out of this video. I want you to comment down in the comment section Rune so that I know who watched through that entire Solana analysis and figured out, like, just smart trading, right? Just thinking multiple steps ahead. So make sure you comment down in the comment section below. I will make sure to get back to you. And at the moment, I've given you all the levels, like the exact levels that you should pay attention to. So make sure you mark those down and let me know if the increased font size makes it easier for you guys to see, you know, just what's going on on the charts. And remember, monthly signups, it's only going to be open for another 15 members. And for now, I'm gonna see you in the Discord group. May the gains be with you, and peace. Peace.