sol buy midterm"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
Solana
$MLG Poised for 70% Surge as Bullish Flag Pattern EmergesBrief Overview
The ASX:MLG token, a Solana-based memecoin, has captured significant attention in the crypto community with its vibrant culture and growing ecosystem. Boasting a market capitalization of $93.88 million and a thriving Telegram community of over 4,000 members, ASX:MLG is rapidly solidifying its position as a formidable player in the memecoin space. Technical analysis suggests the token is on the verge of a 70% price surge, driven by a confirmed bullish flag pattern.
The MLG Project
360noscope420blazeit is more than just a token; it’s a nostalgic homage to classic gaming culture. The project seeks to revive the essence of early gaming days—from playing multiplayer games with friends to enjoying Mountain Dew and sharing dank memes. Leveraging this nostalgia, ASX:MLG bridges the gap between Web2 and Web3 by blending timeless gaming memories with cutting-edge blockchain technology. Its influence extends into NFT creation, meme culture, and the broader trolling community, making it a unique contender in the crypto space.
Trading and Market Performance
ASX:MLG is actively traded on decentralized exchanges (DEXs) like Raydium and centralized platforms like MEXC. On Raydium, the MLG/SOL trading pair has seen a 24-hour volume of $35.31 million, showcasing robust market activity. The token’s overall daily trading volume is $53.63 million, though this marks a 17.40% decrease from the previous day. Despite this, the token’s historical performance demonstrates resilience:
- All-Time High (ATH): $0.1586 (Jan 8, 2025), currently 38.88% lower.
- All-Time Low (ATL): $0.001175 (Oct 27, 2024), with a staggering 8,154.23% gain from the ATL.
Technical Analysis
Currently priced at $0.0888, ASX:MLG has displayed a temporary dip of 2.09% as of this writing. Despite this decline, technical indicators and chart patterns highlight significant bullish potential:
1. Bullish Flag Pattern: The chart reveals a bullish flag, a continuation pattern signalling a potential upward breakout. This pattern often leads to substantial price surges once confirmed.
2. Relative Strength Index (RSI): At 46.72, the RSI indicates a neutral to slightly bearish momentum, presenting an opportunity for accumulation before the anticipated rally.
3. Support and Resistance Levels: In case of a retracement, ASX:MLG may test the $0.063 pivot level as support. However, the bullish flag suggests a likely move toward the $0.165 mark, representing a 70% surge from the current price.
Several factors contribute to ASX:MLG ’s promising outlook:
1. Community and Culture: The project’s nostalgic appeal resonates with a broad audience, driving organic growth and engagement.
2. Limited Major Exchange Listings: With only MEXC among its centralized exchange listings, ASX:MLG has untapped potential for further exposure through additional listings.
Conclusion
ASX:MLG token’s blend of cultural nostalgia and robust technical indicators makes it a standout in the memecoin space. The confirmed bullish flag pattern, combined with its growing community and market presence, points to a likely 70% surge in the near term. For investors, the current price levels offer an attractive entry point, with potential gains outweighing the risks of a minor retracement.
As ASX:MLG continues to bridge the gap between Web2 and Web3, its impact on the crypto market—and its price trajectory—is worth watching closely. Whether you’re a nostalgic gamer or a savvy investor, ASX:MLG ’s journey is one you don’t want to miss.
Public trade #3 - #SOL price analysis ( Solana )The CRYPTOCAP:SOL price has already dropped into the medium-term Buy zone
If you see prospects for #Solana and want to buy this coin for your investment portfolio, then the $155-190 buy zone is just for you
The price of OKX:SOLUSDT shouldn't go any lower if the “planned” targets for further growth to $340, $650, and even $1100 remain relevant in MM.
📈 As for how to buy: either with limit orders at $190 and $155 or at an average price of $173, or with a “grid” in the specified range - it all depends on the amount of your deposit allocated to this asset and your trading strategy in general.
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
SOL's situationSOL has crafted an Inverse cup and handle pattern which is gonna Decrease the price.
the break out has not happened yet!
we can't be sure about the bearish movement yet cause no break out has happened!
Support zones are shown on the chart.
the strongest support zone is the ultimate comeback point for SOL if things go south.
⚠️ Disclaimer:
This is not financial advice. Always manage your risks and trade responsibly.
👉 Follow me for daily updates,
💬 Comment and like to share your thoughts,
📌 And check the link in my bio for even more resources!
Let’s navigate the markets together—join the journey today! 💹✨
Solana Dumpening Part II: Return of the BoxAnd back into the box she goes (as per HTF analysis posted earlier on my account (big blue line still visible):
The good thing is the box acts as strong demand area
The bad thing is -- at least short term more pain and blood from SOL holders is demanded by the markets
Pray that the box holds though...
if it doesn't... bad times (low probability though IMO)
BTC, TON, SOL - Heavy LONG!If you’re looking for a potential entry point, BTC, TON, and SOL are currently highlighting the same compelling pattern, making a strong case for a long position. Let’s analyze the technical and fundamental factors suggesting an upward reversal could be imminent for all three assets.
Fundamentally Strong Assets
Every trade begins with solid fundamentals, and BTC, TON, and SOL all exhibit strong intrinsic value. This makes them strong candidates for recovery after recent volatility. Aligning technical indicators with their fundamental strength increases the likelihood of success.
Significant 3-Day Drop
Each asset has experienced a sharp decline over the past three days, signaling potential overselling. Such rapid drops often push assets into undervalued territory, creating an opportunity for a significant bounce, especially when paired with key support levels.
Triple-Tested Support
All three assets have tested their support levels three times, solidifying these zones as strong foundations. Multiple tests without a breakdown often signal a potential reversal, as sellers struggle to push prices lower.
Outside Bollinger Bands
Currently, BTC, TON, and SOL are trading outside their lower Bollinger Bands, a classic indicator of oversold conditions. This suggests that bearish momentum is waning, with a likely return toward the center of the bands.
Below All Major Moving Averages (MAs)
Prices for all three assets are sitting below their 50 MA, 100 MA, and 200 MA. While this might initially appear bearish, it also indicates they are in extreme positions, primed for a rally when momentum shifts.
MACD and RSI Signal a Reversal
MACD and RSI for BTC, TON, and SOL are signaling bullish momentum:
• MACD: Showing signs of convergence or a potential crossover, often a precursor to upward movement.
• RSI: In oversold territory, indicating undervaluation and readiness for recovery.
Too Many Bullish Factors to Ignore
With these overlapping patterns, BTC, TON, and SOL present rare alignment across both technical and fundamental indicators.
• Timeframe: Can be short-term or long-term, depending on your strategy. For TON, Solana you can also invest in its ecosystem and utilize DCA strategies for risk management.
• Target: 100% potential gain.
• Position Details: Entered with Binance x25 leverage, $30 margin, total size of $770.
• Risk Level: Medium, provided you’re ready to apply DCA for better control over your position.
This confluence of signals creates a high-conviction trade opportunity. Are you ready to take advantage of it?
But be cautious! This is still just gambling :)
SOLUSD: Rejection on the 1D MA50 turning to a buy opportunity.Solana turned bearish on its 1D technical outlook (RSI = 43.075, MACD = -3.090, ADX = 38.836) as it got heavily rejected yesterday on the 1D MA50. The price approached the 0 Fibonacci level which is the top of the bottom zone of the Channel Up. Technically as long as the 1D MA200 is intact, the pattern is intact and the trend remains bullish. Since the price is this close to the bottom, this 1D MA50 rejection has turned into the best buy opportunity for the short term. Once the 1D RSI dips a little lower, it will be identical to all prior RSI bottoms of the Channel Up. This is worth turning bullish right now, we are aiming for the 0.786 Fibonacci level (TP = 340.00).
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
SOL | Waiting on ETH for NEW ATHSolana has barely made a new ATH - basically topping out at nearly the exact same place as the previous ATH made in Nov 2021.
As Ii said in yesterdays update on ETH, there is no way BTC makes such a dramatic new ATH and ETH (and Solana) stay behind.
We can expect SOL and ETH to increase when BTC continues to trade range above 95k. This could be another multi-month playout, although ETH usually peaks rapidly at the end of the cycle, which is noteworthy from yesterday's analysis.
___________________
BINANCE:SOLUSDT COINBASE:BTCUSD
$SWARM Token Surges 173% in 3 Days: A New Frontier for SolanaAmidst general market volatility, $SWARM, a Solana-based meme coin with a mission to redefine utility, has captured the crypto world’s attention with an impressive 173% surge over the past three days. As market conditions remain turbulent, $SWARM has emerged as a shining example of how blockchain projects can combine utility with scalability to achieve rapid growth.
What Makes $SWARM Unique?
While $SWARM may have started as a meme coin, it is proving to be much more than that. The Swarms Ecosystem is a groundbreaking platform that enables developers to build, deploy, and manage autonomous agent swarms. These swarms utilize Large Language Models (LLMs) and integrate with IoT data, providing tools for automation and scalability.
Key Features of the Swarms Ecosystem:
1. Multi-Agent LLM Frameworks: Offers developers tools to automate complex business processes.
2. Seamless Integration: Enables smooth third-party connections and IoT data processing.
3. Scalable Automation: Simplifies automation at scale for a wide range of applications.
By focusing on these advanced features, $SWARM drives utility to the Solana blockchain, positioning it as a competitor to Ethereum and solidifying Solana’s reputation as a hub for innovative projects.
This unique utility positions $SWARM beyond the traditional “pump-and-dump” meme coin narrative, aligning it with long-term value creation and community-driven innovation.
Technical Outlook
After a meteoric rise, $SWARM has cooled off, currently down 38% in the past 24 hours. However, this pullback is far from a cause for concern. Instead, it forms a bullish flag pattern, a technical indicator that often precedes a price breakout.
Key Technical Insights:
- RSI (Relative Strength Index): At 41, the RSI indicates that $SWARM is in a healthy retracement phase and far from being overbought.
- Support Level: $SWARM could retrace to the critical support point of $0.229, providing an excellent entry point for traders.
- Breakout Potential: If the bullish flag pattern holds, $SWARM could surge past its all-time high of $0.6055, recorded just 23 hours ago.
Why $SWARM Could Be a Game-Changer for Solana
Projects like $SWARM are putting Solana on the map as a legitimate contender to Ethereum. The Swarms Ecosystem bridges the gap between blockchain and real-world utility, offering a comprehensive platform for developers to simplify automation.
This aligns perfectly with the growing demand for practical applications in the blockchain space, especially as crypto enthusiasts tire of projects with no long-term vision. $SWARM stands out by combining meme coin appeal with real-world utility, creating a compelling narrative for both traders and developers.
Where Can You Buy $SWARM?
$SWARM tokens are available on several top exchanges, including:
- Bitget: The most active trading pair, SWARM/USDT, has a 24-hour volume of $44,104,362.
- Gate.io
- Raydium
These platforms provide seamless access to $SWARM for traders and investors looking to capitalize on its growth.
The Road Ahead: A Leap Toward New Highs?
With a solid technical setup and a fundamentally sound ecosystem, $SWARM is positioned for further growth. As the token approaches its support level of $0.229, traders should watch for a potential breakout that could propel $SWARM past its all-time high of $0.6055.
The Swarms Ecosystem continues to gain traction, offering developers unparalleled tools to automate business processes. This unique blend of utility and scalability ensures that $SWARM is more than just a passing trend – it’s a project with staying power.
Now is the time to keep a close eye on $SWARM as it charts its course toward becoming one of the biggest success stories of 2025.
FLORK - SPOT - Golden opportunityDon't miss out on FLORK, this could go to the moon. This is not a trade, but a project to accumulate until the billion. It will either explode or disappear. I believe it is quite transparent and will move in the right direction to avoid the worst. It is expected to reach exchanges soon and launch tools and utilities that will turn it into a utility coin. It reminds me a lot of SHIBA, and I hope it will become something similar.
My projection is as follows for where some investors will sell:
1) 50M (Fish/Squids)
2) 100M (Dolphins)
3) 500M (Sharks)
4) 1B (Whales)
Good Luck
SOL - SECRET PATTERN That Nobody Is Talking AboutMartyBoots here , I have been trading for 17 years and sharing my thoughts on SOL here.
SOL is looking beautiful , very strong chart but is into double top.
Very similar to LTC when it crashed in the last cycle
Do not miss this important video on SOL as this is a great opportunity
The bull market is very short and we need to make the most of it
Watch video for more details
Becoming a Meme Coin Millionaire in 2025 Guide
▪️Becoming a millionaire through trading Solana-based meme coins in 2025 is a high-risk and speculative endeavor that requires careful planning, research, and disciplined execution. Here's a guide to help you navigate this volatile but potentially lucrative market:
1. Understand the Meme Coin Market
Meme coins are cryptocurrencies that derive value largely from community enthusiasm, social media trends, and memes rather than intrinsic utility.
▪️Key Characteristics:
-High volatility and speculative value.
-Often community-driven and influenced by social media hype.
-Short-term opportunities with rapid price fluctuations.
-Popular Solana-Based Meme Coins:
Keep track of emerging and trending meme coins in the Solana ecosystem.
Join Solana communities on platforms like Twitter, Reddit, and Discord to stay updated.
2. Start with Research
Thorough research is critical before investing in any meme coin.
▪️Analyze the Project:
-Tokenomics: Look at the coin's supply, distribution, and burn mechanisms.
-Community Strength: Check the activity and size of the project's community.
-Development Team: Identify whether the project has a credible team or is purely community-driven.
Market Trends:
Track Solana ecosystem developments and meme coin trends.
Use tools like CoinMarketCap and CoinGecko to monitor meme coin performance.
3. Develop a Strategy
A clear strategy can protect you from emotional decision-making.
▪️Set Financial Goals:
-Decide how much you want to invest and your profit targets.
-Be prepared to lose the amount you invest, as meme coins are highly speculative.
Risk Management:
-Diversify your investments across multiple meme coins and other crypto assets.
-Allocate only a small percentage of your portfolio to meme coins.
Exit Strategy:
Decide in advance when to sell—whether at a specific profit percentage or when a coin reaches a particular price.
4. Master Timing
Timing is critical in meme coin trading due to their speculative nature.
▪️Watch for Early Opportunities:
-Participate in pre-sales or initial DEX offerings (IDOs) for meme coins in the Solana ecosystem.
-Use platforms like Solana's Raydium or Serum for early access to new coins.
Leverage Social Media Trends:
-Monitor social media platforms and influencers who often drive meme coin popularity.
-Stay alert for trending hashtags, memes, or community events.
Take Advantage of Volatility:
Be ready to buy low during market dips and sell high during hype cycles.
5. Use the Right Tools
Tools and resources can help you stay informed and make better trading decisions.
▪️Trading Platforms:
-Use decentralized exchanges (DEXs) like Raydium or Orca for Solana-based tokens.
-Use Solscan or other Solana block explorers to verify transactions.
Analytics Tools:
Track price movements with crypto analytics platforms.
Use bots or automated trading tools to take advantage of rapid price changes.
6. Stay Disciplined
Discipline is crucial to survive the meme coin market.
Avoid FOMO:
Fear of missing out (FOMO) often leads to poor decisions. Stick to your strategy.
Resist Emotional Trading:
Avoid panic selling during dips or overbuying during hype peaks.
Reassess Regularly:
Periodically evaluate your portfolio and adjust based on performance and market conditions.
7. Be Aware of Risks
The meme coin market is highly speculative, and there are significant risks.
▪️Scams and Rug Pulls:
-Beware of projects with anonymous teams or no clear use case.
-Verify contracts and audit reports, if available.
Market Volatility:
-Prices can plummet as quickly as they rise.
-Only invest what you can afford to lose.
Regulatory Risks:
Monitor potential regulations that could affect meme coins or the broader crypto market.
8. Cultivate Long-Term Wealth Building
While meme coins might offer quick gains, consider diversifying into more stable assets to build long-term wealth.
▪️Invest in Solana Ecosystem Projects:
Solana-based DeFi, NFTs, and other utility-driven projects could provide steadier returns.
Stake SOL or Meme Coins:
Earn passive income through staking or liquidity provision.
Reinvest Profits Wisely:
Use meme coin profits to invest in more stable crypto assets or traditional investments.
▪️Conclusion
Becoming a Solana meme coin millionaire in 2025 requires research, timing, and a strong risk management strategy. While meme coins offer exciting opportunities, they are highly speculative and risky. Balance your enthusiasm with caution, and focus on building a sustainable approach to crypto trading.
SOL - Time to Short?For traders looking to capitalize on short opportunities, it’s essential to evaluate the market using technical signals. Here are four critical indicators suggesting it might be time to consider shorting:
Weak Volumes
Volume is one of the most reliable measures of market strength. When an asset is trading on low or weakening volumes, it indicates a lack of conviction among buyers to push the price higher. This could signify a potential reversal or that upward momentum is running out of steam, providing a signal for short-sellers to take notice.
50 MA Acting as Resistance
The 50-day moving average (50 MA) is a widely followed indicator in technical analysis. When the price approaches the 50 MA from below and fails to break above it, the line acts as a resistance level, signaling a potential barrier for further upward movement.
Upper Bollinger Band Line
Bollinger Bands are used to measure market volatility and overbought/oversold conditions. When the price hits or hovers near the upper Bollinger Band, it often suggests the asset is overbought and may face downward pressure. Combined with other bearish signals, this strengthens the short bias.
50% Fibonacci Retracement Level
Fibonacci retracement levels are crucial for identifying potential reversal zones in an asset’s price movement. The 50% retracement line is a key level where many traders expect the price to encounter resistance during a correction within an overall trend. If the price struggles at this level, it’s often seen as confirmation of a bearish move.
Be Cautious!
My mantra is to never short, but this time, I’ve decided to enter the trade alongside this analysis.
I opened a position on the SOL/USDC pair with 25x leverage, a total size of $309, and a margin of $15.
However, please note that SOL is fundamentally strong and could defy all the technical indicators mentioned above.
SOLANA - 900% profit?main idea:
An upward momentum is forming.
At the moment we are in the corrective 4 wave, if we look at the daily candlestick signal, we can assume that we have completed it.
Further I expect growth and formation of the 5th wave, which completes the whole impulse.
The growth target is the area of 656.00 - 1380.00$.
In percentage ratio 400 - 900%. Quite impressive figures.
I'm going in to buy.
I'm targeting maximum targets
As it approaches the designated area, I will keep a close eye on it, so as not to miss the reversal and fix the profit.
Stop - below 121.81
SL/TP ratio - 1/70.
P.S. - who is with me, click on the rocket and subscribe.
Phemex Analysis #50: How to Trade SOLANA Like A ProSolana ( PHEMEX:SOLUSDT.P ) has been relatively subdued during the recent November and December 2024 bull run, rising approximately 100%, a stark contrast to its explosive growth of over 1000% during the October 2023 to March 2024 rally. However, the fundamentals of Solana remain robust, with its Total Value Locked (TVL) increasing from $0.3 billion in October 2023 to an impressive $9.5 billion today—a staggering 3166% rise. This demonstrates that Solana’s ecosystem is stronger than ever.
In this article, we’ll analyze possible scenarios for SOL’s price movement over the next few days and provide actionable trading strategies to help you trade like a pro.
1. Bullish Breakout Scenario
Since January 1, 2025, SOL has rebounded by 17%, currently consolidating around the $210 level as it gathers momentum for its next potential move. If SOL manages to break through the $234 resistance level and subsequently surpass $247, there’s a high probability that it could continue its upward trajectory and form a new all-time high (ATH). This bullish momentum could be fueled by developments such as the launch of Solana ETFs or advancements in AI agent integrations within its ecosystem.
Trading Strategy:
If SOL breaks above $234 with high trading volume, consider opening a Long position. And set your stop-loss at $210 to manage risk effectively.
Remember to monitor key news or announcements that could act as catalysts for further price surges.
2. Bearish Drop Scenario
On the downside, if SOL fails to hold above $210 and breaks below this level with significant volume, it could trigger a drop toward the $180 or $175 support levels. Should overall market sentiment turn bearish—especially if Bitcoin also declines—SOL might test deeper support zones at $155 or even $135.
Trading Strategy:
For advanced traders, consider opening a Short position if SOL drops below $210 with substantial volume. Take profits at key support levels such as $180 or $175.
For long-term holders, these levels ($180, $175, $155, and $135) present potential buy-the-dip opportunities based on your risk tolerance.
Key Considerations for SOL Traders
I. Fundamental Strength: Solana’s growing TVL and ecosystem development are strong indicators of its long-term potential. Keep an eye on updates such as ETF launches or institutional adoption.
II. Technical Indicators: The Relative Strength Index (RSI) is currently above the midpoint, signaling potential bullish momentum. Watch closely for price action around key resistance levels ($234 and $247) and support levels ($210, $180).
III. Market Sentiment: Recent data shows a net inflow of $224 million in SOL to centralized exchanges over the past week—a trend that could signal increased selling pressure or preparation for derivatives trading. Be cautious of sudden shifts in sentiment.
Conclusion
Trading SOL like a pro requires adapting your strategy to evolving market conditions. Whether you’re aiming to capitalize on a bullish breakout or hedge against a bearish drop, understanding key price levels and market dynamics is crucial. Always combine technical analysis with fundamental insights and practice disciplined risk management.
By staying informed and prepared for multiple scenarios, you can navigate Solana’s market movements with confidence and precision.
Tips:
Trade Smarter, Not Harder with Phemex. Benefit from cutting-edge features like multiple watchlists, basket orders, and real-time strategy adjustments. Our unique scaled order system and iceberg order functionality give you a competitive edge.
Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
Fartcoin - it is a bit deflatedI was anticipating the price to continue to move up higher when it broke above the previous month high. However, I need to acknowledge that the daily RSI is showing a clear negative divergence. 4H MACD is also starting to dive into bear territory. RSI and Stochastic also are pointing downwards. The candle closed below 1.2932 zone (strong resistance/support level) and the recent 4h candle closed below the buy block.
It is still too early to conclude it is the start of the bear trend. The price is still travelling along the ascending trendline. I will wait to see what the price will do around $0.95 area where Fib 0.786 meets the trendline.
I intend to hold the tokens for this bull cycle. I won't be considering to sell the tokens or open a short position. I will just wait for an opportunity for re-entry. The blue rectangular area in chart might be the area of interest for re-entry. The most important condition for me personally is that I won't go long when MACD in 4H (time frame I am trading in) and Stochastic in Daily (time frame I get a confirmation from) are not moving upwards. The angles of these momentum indicators are very important in my experience.