SOL trade setup through December.Here's my recent trade set up for SOL that will go through to Jan 1st 2024.
SOL
SOl stuck on the horizon? Elliott waveIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
Turned before taking out the pivot.
IF this is a ZZ down from 68.20
and it's not done, looking for some clarity markers for a sideways correction.
Got some pivots to break here first for confidence.
SOL 🎵 Playing Out LoudHello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
Weekly : Left Chart
📊 As per our last analysis, SOL broke above the 50.0 round number signaling the start of the MarkUp phase.
H4 : Right Chart
📈 From a medium-term perspective, SOL is still bullish trading within the green rising broadening wedge.
📉 SOL will remain bullish and we will be looking for trend-following buy setups after every correction, unless the 50.0 support is broken downward, in which case a bearish correction would begin.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
$SOL Price Target: $75Solana has been on a tear the last few weeks, one of the best performing large-cap tokens this year.
How high could it go? Well, looking back to February of 2022 on the Monthly chart, $75 was the low point of the wick. Price recovered, and then fell through that level with the FTX collapse.
If CRYPTOCAP:SOL continues to climb, $75 would be a good place to take some profits.
🔥MINA Is Breaking 1-year Falling WedgeMINA fell by -95% and retailers are so scared. The 1.5 years of falling forced them to think the new traders and investors that dumps will long forever.
But I think that altcoins will reverse as fast as Bitcoin will break and hold $29,200-30,000. This is vitally importatnt for crypto growth.
💥 Now the price is trying to break 1-year falling wedge.
I suppose that MINA will accelerate after the breakout of the wedge and local pullback. The bull support will be confirmed during this pullback.
My firts idea for MINA was hidden, but I told about this even before the breakout of the wedge. My followers knows it.
MINA breaks the key level and consolidates above the first target
For 4 weeks in a row, MINA is in a small trading range after +160% pump. I think the pump will continue as far as BTC reaches $39k. Just wait and protect your profit.
like❤️ and follow
After the noise, way to 70s is still intact After Binance noise, the 70s are still achievable if the price can hold here. First stop in the low 60s and the up to 70 if market conditions are favourable.
#SOLANA #SOL Long-Term targets, until end of 2025#SOLANA #SOL Long-Term targets, until end of 2025
According to Elliott's wave count indicated on the chart, the rise from 2020 to 2021 took place during a five-wave, where either wave 1 is bigger than a five-wave or wave A is bigger than a three-wave.
Considering the possibilities ahead, we can estimate the possible goals of Link until the end of 2025 as follows:
TARGET1: 380$
TARGET2: 1100$
TARGTE3: 2150
TARGET4: 4200
ENTRY: 60-42$
STOPLOSS: 17$
Moving on a dangerous lineTwo important support ranges have been identified for this currency, as long as we are above the first range at the price of 50.00, the possibility of stronger growth is possible, but its important range is specified in the lower box at the price of 44.00.
Currently, the possibility of growth is stronger and there is a possibility of 15% growth for this currency.
If the green box is broken and stabilized, the possibility of further growth for this currency will gain strength, and we should re-analyze and update this currency when it reaches this resistance range.
Sol sideways or new degree? Elliott WaveIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
#SOL update.
Short since 63.72.
Would not mind 51.12 break,
for clarity’s sake.
Elliottwave degree wise.
Going to wait for an impulsive reaction before long, pending.
Got the direction correct, that's all you need, then TP appropriately.
C/3 setup laid out in thread.
Solana (SOL) coin completed setup for upto 27.50% pumpHey dear friends, hope you are well, and welcome to the new trade setup of Solana (SOL) coin with US Dollar pair.
Recently we caught almost 80% pump of SOL as below:
Now on a daily time frame, SOL has formed a bullish Gartley move for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Can Solana (SOL) Test The Highs of $70?Solana (SOL)
Solana has been following an upward trend. The asset has increased by 400% in the past two months, one of the best performance rates among altcoins in the top 100 by market capitalization.
SOL is currently trading between the support zone of $51.2-$54.7 and the resistance range of $62-$68. The most likely scenario remains a continuation of the growth trend. If Bitcoin's upward trend continues, SOL might test the next highs at $70 and $75.
Any correction in Bitcoin's chart is likely to similarly affect SOL's price. The next support levels for SOL lie at $47.2 and within the range of $37.80-$42. A rapid and voluminous decline in BTC could lead to Solana losing many of its support zones, thus making trading with limit orders highly risky at this moment.
Solana: 70s in the cards? Solana is currently consolidating; should it maintain support at 59, there's potential for a surge into the 70s.
SOL DEX Adds 3 Billion in New Trading Opportunities - Time to GoSOL DEX (decentralized exchanges) has recently added a staggering 3 billion in new trading opportunities, and it's time for you to take advantage of this exciting opportunity!
Imagine the possibilities that lie ahead as Soldex and Raydium, the leading decentralized exchanges, expand their trading volume by billions. This remarkable achievement not only demonstrates the growing popularity of SOL but also signifies the immense potential and trust placed in this cryptocurrency.
Now, you might be wondering, "What does this mean for me?" Well, let me tell you - this is your chance to go long on SOL and ride the wave of success! With the addition of 3 billion in new trading, SOL is poised to experience substantial growth and present you with potentially lucrative trading opportunities.
Why should you consider going long on SOL? Here are a few compelling reasons:
1. Unprecedented Trading Volume: The addition of 3 billion in new trading opportunities has catapulted SOL to new heights, attracting a diverse range of traders and investors. This surge in trading activity presents an ideal environment for profit potential.
2. Strong Market Demand: SOL has been gaining significant attention and recognition within the crypto community due to its innovative technology, scalability, and robust ecosystem. As more traders flock to SOL DEX, the demand for SOL is expected to surge, which can drive up its value.
3. Future Growth Prospects: SOL's impressive track record and continued development make it a promising investment option. With its commitment to scalability, security, and efficiency, SOL is well-positioned to become a leading force in the crypto market.
So, what are you waiting for? Seize this opportunity to get in on the action and go long on SOL today! The momentum is building, and you don't want to miss out on potential gains.
Remember, success often favors those who act swiftly and decisively. Don't let this incredible chance pass you by! Take the leap and go long on SOL now.
SOL/USDT Likely to Go For a Correction? Solana Analysis💎 Yello, Paradisers! Let's focus on SOLUSDT – it's currently on an upward trajectory within an ascending channel, indicating the possibility of an adjustment due to an imminent supply zone.
💎 Of late, Solana has been consistently ascending within this channel. However, we may see a shift or correction soon. It's important to note that SOL is approaching a critical support level at $53.4.
💎 Beyond this level lies a significant supply zone, marked by an untouched Order Block (OB). Should SOL break below this support, it's likely to head towards the demand zone, as outlined in our charts.
💎 Elevate your trading strategy for Solana with ParadiseFamilyVIP. Gain deeper insights on SOL and other promising cryptocurrencies to enhance your approach to the crypto market.
Journey with Sol (EMA 20 > 50 & 100, and RSI balanced at 58Solana is then a shining star that has been catching the attention of experts and investors alike.
What makes Sol truly special? Let me paint you a picture: imagine a scenario where the Exponential Moving Average (EMA) 20 is soaring above both EMA 50 and EMA 100, indicating a bullish trend. Simultaneously, the Relative Strength Index (RSI) holds steady at a balanced 58, signaling a perfect equilibrium between buying and selling pressure. Now, doesn't that make your inner trader dance with joy?
Given these promising indicators, I wholeheartedly encourage you to consider getting on board with Sol. This gem has the potential to bring some serious sunshine to your portfolio. It's time to capitalize on this golden opportunity and embark on an exciting journey towards profitability.
So, don your shades and join the ranks of successful traders who have already aligned themselves with Sol. Take action today and seize the moment to go long on Sol, setting sail on a happy and prosperous trading adventure.
Remember, opportunities like this don't come around every day. Let Sol light up your trading path and help you achieve your financial goals. Don't wait! Start your sunny journey with Sol today!
Volatility Period: Around October 13thHello?
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(SOLUSDT chart)
The key is whether the price can be maintained by rising above 24.21.
If not, you should check for support around 14.45.
From a long-term perspective, the volume profile area is formed around 4.2525, so this area is a strong support area.
(1D chart)
If you look at the entire chart, you can see that the support and resistance points are not well formed.
Therefore, I think it is a coin (token) that can fluctuate sharply at any time.
The HA-High indicator is falling, showing a stepwise decline.
Accordingly, if the price cannot be maintained by rising above 22.63 quickly, it is expected to touch near the bottom of the rising channel.
Therefore, it is necessary to check whether there is support or resistance at any point or section between October 12th and 14th.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
SOL/USDT - Solana: Trend Reversal◳◱ On the $SOL/ CRYPTOCAP:USDT chart, the Trend Reversal pattern suggests a pause in volatility, potentially gearing up for a breakout. Traders might observe resistance around 66.93 | 77.59 | 101.88 and support near 42.64 | 29.01 | 4.72. Entering trades at 60.28 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Solana
▣ Rank: 6
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: Solana is a public base-layer blockchain protocol that optimizes for scalability. Its goal is to provide a platform that enables developers to create decentralized applications (dApps) without needing to design around performance bottlenecks. Solana features a new timestamp system called Proof-of-History (PoH) that enables automatically ordered transactions. It also uses a Proof of Stake (PoS) consensus algorithm to help secure the network. Additional design goals include sub-second settlement times, low transaction costs, and support for all LLVM compatible smart contract languages.
◰◲ Technical Metrics :
▣ Mrkt Price: 60.28 ₮
▣ 24HVol: 456,568,655.028 ₮
▣ 24H Chng: 5.219%
▣ 7-Days Chng: 7.22%
▣ 1-Month Chng: 123.40%
▣ 3-Months Chng: 184.97%
◲◰ Pivot Points - Levels :
◥ Resistance: 66.93 | 77.59 | 101.88
◢ Support: 42.64 | 29.01 | 4.72
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 8.67
▣ Last 90D: 4.44
▣ Last 1-Y: 1.91
▣ Last 3-Y: 1.47
◲◰ Volatility :
▣ Last 30D: 1.35
▣ Last 90D: 0.98
▣ Last 1-Y: 0.97
▣ Last 3-Y: 1.32
◳◰ Market Sentiment Index :
▣ News sentiment score is 0.48 - Bearish
▣ Twitter sentiment score is 0.57 - Bullish
▣ Reddit sentiment score is 0.48 - Bearish
▣ In-depth SOLUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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SOL1h time frame
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SOL is creating an ascending channel after crazy pump. 1.13 Fibonacci Extension is good to predict the resistance which is 70~74, this zone is also the structural resistance that formed from last bull market. Therefore, if you are holding long positions, should pay more attension when SOL reach the zone.
SOL close to a correctionThat blue line is a level price bounced off from many times, on daily it's also a liquidity gap so I suppose there'll be a reaction there. Should price drop a lot it can go below in that zone but I don't think since SOL is among the most bullish coins around, however I proposed it as "second scenario".
Moreover if weekly closes like this I still see a push forward before the dump and that's why I've drawn this trajectory with a new high before going down.
In general the entire market looks like it's consolidating before another push.... damn bullish sentiment, I need to add my last buys to my bag!
If you wanna add more on your SOL bag or if you wanna buy some I suppose 48 USDT is a reasonably safe price.
SOL: Pullback in UptrendSolana (SOL) technical analysis:
Trade setup : Following a bullish breakout from Falling Wedge pattern, price rallied over 200% to $60 resistance where it paused briefly and broke through it. There was a Bearish RSI Divergence that formed after price made a Higher High but RSI made a Lower High. Price could pullback to $47 support area, which is close to a 50% Fibonacci retracement level as well. That could be an attractive swing trade entry in Uptrend. Price appears poised to continue its run and revisit $80 resistance.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening.
Support and Resistance : Nearest Support Zone is $47 (previous resistance), then $38. The nearest Resistance Zone is $60, then $80.
Solana and a few steps down...It seems that Solana has decided to go up with the "head and shoulders pattern" and comes down with the same pattern.
A head and shoulders pattern is forming. If this pattern is formed and confirmed, the price will drop to around $52.50. Unless something extraordinary happens.
Of course, these few steps down are very necessary and good in my opinion. Moving with this momentum is very dangerous.
Anyway, I like Solana's moves. It moves very wildly.
*** In my opinion, after this "head and shoulders", we will probably have another "head and shoulders" on a larger scale...
SOL - SOLANA Strategy performance since 2022Looking back at 2022. Although the cryptocurrency market is in a difficult process. But there has been some pretty good growth recently. This is the backtest result from the beginning of the 2022 until now of SOLUSDT.P (SOLANA) perp. It can be automated.
