SOL
SOLUSDT$SOLANA Chart Update: Looking at the CRYPTOCAP:SOL chart, we see a very attractive and well-formed bull flag pattern. Currently, the price has reached the support level of the formation, which coincides with the Fibonacci 0.618 level. If it takes support here and rises, it would confirm the upward momentum.
Targets:
1. First Target: Fibonacci 1 level at $210
2. Second Target: Fibonacci 1.272 level at $265
Let's watch closely for a bounce from this support to validate the bullish scenario! 🚀
SOL - Wait For The Bulls!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 SOL has been overall bearish, trading within the falling channel in red.
Currently, SOL is approaching the lower bound of the channel.
Moreover, it is retesting a strong support zone and round number $100 marked in green.
🏹 Thus, the highlighted blue circle is a strong area to look for trend-following buy setups as it is the intersection of the green support zone and lower red trendline acting as a non-horizontal support.
📚 As per my trading style:
As #SOL approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
SOL buy setupThe sol symbol is now inside a correction.
It has a good support range ahead that it can react well to.
We will look for buy/long positions on the green range.
Closing a daily candle below the invalidation level will violate the analysis.
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
Bearish drop?SOL/USD is rising towards a resistance level which is a pullback resistance that lines up with the 23.6% Fibonacci retracement and could reverse4 from this level to our take profit.
Entry: 140.47
Why we like it:
There is a pullback resistance level which lines up with the 23.6% Fibonacci retracement.
Stop loss: 151.74
Why we like it:
There is a pullback resistance level which aligns with the 50% Fibonacci retracement.
Take profit: 120.66
Why we like it:
There is a pullback support level.
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 and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
The key is whether it can rise above 168.41-173.20Hello, traders.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day today.
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When trading spot, if possible, it is recommended to start trading when the M-Signal on the 1D chart > M-Signal on the 1W chart > M-Signal on the 1M chart.
That is because the uptrend is in progress.
Currently, the M-Signal on the 1D chart > M-Signal on the 1W chart > M-Signal on the 1M chart, but since the price < M-Signal on the 1D chart, it can be interpreted that it is showing signs of turning into a short-term downtrend.
Since the HA-Low indicator of the 1D chart is created and forming a low point range, you can trade around 141.07 depending on whether there is support.
In other words, if it falls below 141.07 and shows resistance, it means that there is a possibility of a stepwise downtrend.
Therefore, it is important to know in which direction it deviates from the HA-Low (141.07) of the 1D chart ~ HA-High (173.20) of the 1D chart.
Since the HA-High (136.92) indicator of the 1M chart is created near the HA-Low indicator of the 1D chart, the area around 136.92-141.07 corresponds to the support area.
And, since the HA-High (168.41) indicator of the 1W chart is created near the HA-High indicator of the 1D chart, the area around 168.41-173.20 corresponds to the resistance area.
Anyway, since it is located near the HA-High indicator of the 1W chart and the HA-High indicator of the 1M chart, that is, near the HA-High indicator, the current price can be seen as being in the high point area.
Therefore, if the price is maintained above 168.41-173.20, it can be interpreted that there is a high possibility of maintaining an upward trend.
Therefore, if you are currently trading, I think it is better to trade from a short-term perspective.
TS - Since the BW indicator of the BW indicator has touched the lowest point, the BW indicator is expected to be created in the price candle.
Therefore, if the BW indicator is created in the price candle, you can trade depending on whether there is support near that point.
Another indicator that can be verified is the StochRSI indicator.
You can reduce psychological anxiety about buying in advance by checking if StochRSI > StochRSI EMA.
The fact that the HA-Low indicator was created means that a low point has been formed.
Therefore, if it shows support near the box range (128.50-153.39) selected based on the HA-Low indicator, it is a time to buy.
If it falls below 141.07 and a step-down trend occurs,
1st: Fibonacci ratio point 0.618 (119.71)
2nd: 99.49
You should check for support near the 1st and 2nd above.
If it starts to rise above 173.20,
1st: 234.12
2nd: 297.74
You should check for support near the 1st and 2nd above.
Have a good time.
Thank you.
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- Big picture
It is expected that a full-scale rise will start when it rises above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 13401.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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SOL ( Solana ) - Time to Invest NowBINANCE:SOLUSDT (1W CHART) Technical Analysis Update
SOL is currently trading at $133 and recently had around 35% crash and currently trading around the support zone, if the price correction continues then we can expect the price to reach 110$ and in the worst case it can fall to 78$ range. We will keep our StopLoss below 78$
Entry level: $ 132
Stop Loss Level: $70
TakeProfit 1: $ 154.85
TakeProfit 2: $ 200.26
TakeProfit 3: $ 268.70
TakeProfit 4: $ 393.75
TakeProfit 5: $ 603.01
TakeProfit 6: $ 800.77
TakeProfit 7: $1000 <-- Peak of the bull run
Max Leverage: 2x
Position Size: 1% of capital
Remember to set your stop loss.
Follow our TradingView account for more technical analysis updates. | Like, share, and comment your thoughts.
Cheers
GreenCrypto
Solana has a stron bearish momentum, could it fall further?Price is rising towards a resistance level which is a pullback resistance that lines up with the 23.6% Fibonacci retracement and could reverse from this level to our take profit.
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 and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
SOLANA - Macro DistributionThis is an idea I had posted about a while back that is starting to play out. Now that we have a full picture, it's pretty safe to say that this is a macro distribution. The weekly & monthly TD sequential have both printed 789, which also marked the macro top last cycle. As much as it pains me to consider this possibility, this bull run may get cut short if this plays out
Falling towards 50% Fibonacci support?SOL/USD is falling towards a support level which is an overlap support that lines up with the 50% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 146.10
Why we like it:
There is an overlap support that lines up with the 50% Fibonacci retracement.
Stop loss: 142.83
Why we like it:
There is a pullback support level.
Take profit: 152.83
Why we like it:
There is an overlap resistance level which aligns with the 61.8% Fibonacci retracement.
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 and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
ALTSEASON = A MONTHLY CLOSE above the previous ALL TIME HIGH...for Bitcoin
This is what has set off a general Altcoin season based on the previous two cycles.
We have not done that yet!
We might do it, this month.. and it seems likely
We wait till Sunday at midnight to see if it does.
However don't get too excited because we are running ahead of schedule.
And notice BTC dominance drops only for a few months before we start distributing out
when everyone is partying after waiting for 3.5 years holding their shit coins
Than the party basically comes to an end.
Basically Q4 2024 this crypto cycle is likely over and done with.
And you should have converted a good portion of your chips into #stablecoins.
best of luck
Alikze »» SOL |Continuation of scenario 5 bullishAccording to the previous analysis, now with more than 110% growth since the time of the analysis, which is in the ascending wave 5, it can continue until the area of 2.618 or the next supply area of this extension of the wave, which will reach the major ceiling area, which is an important supply area. It will be and after that I expect a correction wave after which we have to do the update. But for now, a short-term trend can be imagined for it.
If the behavior and structure of the post changes, it will be updated.
»»»«««»»»«««»»»«««
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SOLUSD Not the time to buy yet.Watch the 1WRSI. Is 4k realistic?Solana (SOLUSD) has been on a correction mode since the March 2024 High, in an attempt to technically harmonize the massive rally of 2023. The 1W RSI Double Topped in the same month and this is where all the essence of the current price action is.
The 1W RSI peaked on the exact same level (86.00) back on the week of August 24 2020. It didn't find a bottom before entering into bearish territory again around 41.50. That correctional Channel was more aggressive than the current, so this time we may only seek confirmation from the 1W MA50 (blue trend-line), which has been supporting ever since the late September 2023 bullish break-out.
In any case, we believe that the RSI's Bull Cycle Buy Zone, will again give the most optimal buy entry, so we haven't bottomed yet. In any case, we are well within the Mayer Multiple Bands, in fact March's rejection came on its 2 SD above, at the bottom of the Red Wave.
During the previous Cycle, Solana rose by 51250% from the time is started to form the current long-term Fibonacci Channel Up. If we measure the same % growth from the recent Bear Cycle bottom, then we are looking at a peak a little above $4000.
Odd as it may look, keep in mind that Solana has already rose by +2500% up to March's High and if it indeed reaches 4k this Cycle, the rise will be less (+1900%) from March's High than it was from December 2022 to March 2024.
Unrealistic or not, it is up to your mind and capital to judge that but it is a fact that the market is only now entering the most aggressive phase of it Bull Cycle.
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Bullish rise?SOL/USD is currently reacting off the support level which is a pullback support and could potentially rise to our take profit.
Entry: 145.30
Why we like it:
There is a pullback support level
Stop loss: 138.32
Why we like it:
There is a pullback support level which aligns with the 138.2% Fibonacci extension.
Take profit: 161.68
Why we like it:
There is an overlap resistance level which is slightly below the 61.8% Fibonacci retracement.
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 and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
SOL AnalysisHello,
Here is my plan IF we see a breakout from this trendline to the upside.
I am planning to hold it until it reaches the diagonal trendline that was validated with the recent swing high. I've marked it for you.
Stop loss is below the swing low and the downside of the trend channel for more security and to avoid fake outs.
Please dyor and enter only if the price breaks like mentioned above.
Stay safe and keep earning :)
$CRYPTO Total Market Cap to ~$9.69T$CRYPTO TOTAL MARKET CAP PROJECTION:
CRYPTOCAP:TOTAL Crypto Market Cap en route to my target this cycle: $9.69 Trillion
current $Crypto Total Market Cap: $2.37 Trillion
eyes on the prize. zoom out.
CRYPTOCAP:BTC CRYPTOCAP:ETH CRYPTOCAP:SOL
based on diminishing cycle returns, fib extensions, and some other tricks up my sleeve.
let me hear your feedback!
-@CryptoCurb
Bearish drop?SOL/USD is reacting off the resistance level which is a pullback resistance and could potentially fall to our take profit.
Entry: 149.31
Why we like it:
There is a pullback resistance level.
Stop loss: 157.34
Why we like it:
There is a pullback resistance level which aligns with the 38.2% Fibonacci retracement.
Take profit: 138.24
Why we like it:
There is a pullback support level.
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 and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
SOL AnalysisHello Traders!
I've been analyzing the market today and I decided to open this trade.
It is a bit risky but the risk to reward ratio is big. I'm expecting this move to be a bear trap. I might be wrong as this is like trying to catch a falling knife (which almost never works as expected). I am just trying some new things and my experience allows me to try this from time to time. I'll keep you updated. I do not recommend taking this trade, but I want to show you that I am fully transparent and I will show you all of my trades. No matter losing or winning. Stay safe, do not risk more than 3% of your portfolio and keep earning! :)
Potential for upward momentum if support holdsFor Solana, the $150 to $155 range serves as a strong support level. This range has historically provided a foundation where buying interest has emerged, preventing further declines and often leading to upward momentum. After testing this support area, we anticipate a potential advance towards the $170 resistance.
Solana price analysisSolana is currently at $158.79 and the price is holding at support $156.94.If the price successfully holds this level we could see a bounce back to the upper level at $204.79 after that if it breaks this level we could see the price at All-Time High again.
At the moment the price of sol is looking very bullish in the daily chart.
If the price could not hold the support level at $156.94 we might see the price fall to the next level at $118.39.
Everything is on the chart and all the levels are marked.
Potential bearish drop?SOL/USD is reacting off a resistance level which is a pullback resistance that lines up with the 38.2% Fibonacci retracement and could fall to our take profit.
Entry: 161.79
Why we like it:
There is a pullback resistance level which lines up with the 38.2% Fibonacci retracement.
Stop loss: 169.58
Why we like it:
There is an overlap resistance level which lines up with the 78.6% Fibonacci retracement.
Take profit: 153.90
Why we like it:
There is a pullback support level.
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 and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.