Get started

Solana

Solana Rises Over 18% In Last 7 Days as ETF Talks Fuel OptimismSolana has gained strong upward momentum, trading around $130 in the last 24 hours. The token reached a new weekly high, outperforming many altcoins during the broader crypto market recovery. Growing speculation around the possible approval of a Solana Exchange-Traded Fund (ETF) has fueled this bullish movement. Investor attention turned sharply after Bloomberg ETF analyst James Seyffart clarified that the U.S. Securities and Exchange Commission (SEC) has until October 10 to issue a final decision on the proposed Solana ETF. However, he also pointed out that early approval is still possible, though unlikely. Under the leadership of Paul Atkins and with input from Hester Peirce's Crypto Task Force, the SEC may fast-track decisions related to digital assets. A Solana ETF could bring institutional capital into the ecosystem, similar to what happened with Bitcoin and Ethereum after their respective ETFs gained approval. Analysts believe that updated regulations, especially regarding asset custody and digital definitions, will be key in shaping the outcome. If progress continues, early approval remains a possibility, although most market watchers still expect a final decision closer to the October deadline. Technical Analysis On the chart, SOL has found support at a major demand zone around the $110–$115 range. The price is now trading above this area after reading below $100 at some point, marking an internal bearish break of structure. If the bullish momentum can sustain to trade and close above the recent lower high at around $147, that move would suggest a shift in trend. If the price fails to maintain momentum and break above $147, bearish momentum will continue, with a potential retest of the support zone below $100.
CRYPTO:SOLUSDLong
by DEXWireNews
SOLANA (SOL/USDT) – TP: 170 - 252 & 295SOLANA (SOL/USDT) is currently trading at $130.17 after rebounding from a well-defined sell-side liquidity zone between $98 and $131. The recent weekly candle shows a strong bullish recovery (+22.93%), suggesting that liquidity has been swept and buyers are stepping in. This level has historically served as a key accumulation zone, and the bounce aligns with oversold conditions on the StochRSI, which is now curling upward — indicating growing bullish momentum. If price sustains above the $125–131 level, the next immediate upside target lies between $170 and $188, where prior supply and consolidation occurred. A confirmed breakout above this range opens the path toward a higher resistance zone between $254 and $295 — a region that aligns with unfilled inefficiencies and previous price distribution. The ideal swing trade approach would be to enter on a pullback within the $110–125 range, set a stop loss below $98, and scale out at the $170 and $254 levels. This setup offers a favorable risk-to-reward ratio of approximately 1:3.5. Trade Strategy Suggestion (Swing or Positional): Entry: Ladder between $115–$125 on retrace SL: $105–110 (below wick low) TP1: $170–188 TP2: $254–295 Scaling Out: 50% at TG1, rest at TG2 or trail stops above $200 With macro tailwinds like renewed interest in Solana’s DeFi and meme coin ecosystems, institutional flow returning, and technical confirmation across multiple timeframes, this could be a high-conviction mid-term play for swing traders and positional investors alike. 🔮 Narrative & Fundamentals: ETH L2 congestion → SOL gets transactional inflows SOL’s DeFi, NFT, and memecoin activity resurging (e.g., SEED_WANDERIN_JIMZIP900:WIF , SEED_DONKEYDAN_MARKET_CAP:BONK ecosystem) Institutional flow picking up (Grayscale SOL trust rallying) SOL remains one of the fastest L1s with growing developer traction
Long
by tradeflowadvisors
SOL/USDT – Potential Final Leg Down Before Major RallyBINANCE:SOLUSDT 🚀📉🔁 We are likely approaching one of the final moves down before a significant push higher. But before that, I expect one last move up to the $142 area, forming what I believe is a Red ABC corrective structure. 🔴 Red Wave A-B-C Red Wave A has likely already completed, confirmed by a clean White ABC move. We are now inside Red Wave B. ✅ Ideal Long Entry Zone The ideal entry would be near the 88.7% Fibonacci retracement, which aligns with Green Wave B around $119.4. From that level, I expect a drop down toward $100, completing Red Wave B. 🔄 What Comes After? From the $100 zone, two possible scenarios for Red Wave C (or Wave 1 of a new impulse): A 1-2-3-4-5 impulsive wave structure to the upside Or a corrective A-B-C structure We’ll need to carefully watch the first move out of the $100 zone: A 5-wave move would suggest a new bullish impulse has begun A 3-wave move might just be a larger corrective rally 🎯 Upside Target: $142 Once we hit $142, I anticipate another corrective move downward. This could take the form of: A clean ABC A complex correction (A-B + 1-2-3-4-5) Or even a direct impulsive 5-wave drop Again, the key is watching the first leg down from $142 – whether it's impulsive or corrective will define the entire next phase. ⚠️ Summary: Current focus: Entry near $119.4 (88.7% Fib), targeting $142 Caution: Expect volatility – structure will only become clear wave by wave Watch: Reactions at $100 and $142 for structure confirmation Let me know what you think below! Like & follow if you enjoy deep EW breakdowns!
Long
by ElliotXSolana
Elliott Wave Analysis 🔹 Wave Structure: The chart shows a clear corrective structure unfolded, currently developing as a complex correction (likely WXY or an ABC): Wave A: Strong impulsive move to the downside Wave B: Ongoing corrective rally (possibly a flat or zigzag) Wave C (anticipated): Final downward leg yet to unfold 🟩 A green target box marks the potential end zone of the correction, aligning with a horizontal support level around 85.35. 📊 Indicators: 🔸 MACD: Currently showing a bullish crossover (MACD line above the signal line) → supports the idea of a temporary B-wave rally. Momentum is not very strong → another hint that the move might be corrective, not impulsive. Watch for a bearish crossover as a possible trigger for the start of Wave C. 🔸 RSI: RSI is recovering from lower levels, signaling short-term strength. No overbought condition yet → allows more room for the B-wave to extend. Key Watch: If RSI enters overbought territory while MACD turns down, it could mark the start of the C-wave drop. 🎯 Summary & Outlook: We are likely in the final phase of Wave B. Expectation: One last downward move in Wave C towards the green zone. That area could offer a strong long opportunity, but only after clear confirmation (e.g., divergence, impulsive reversal, rising volume). 📌 Potential Strategy: ❌ No long entries yet – risk of another drop in Wave C. 🔔 Set alerts around 85–60 – monitor for reversal signs. 📈 Upon confirmation: potential entry for the next larger impulsive wave.
Long
by ElliotXSolana
Brett: Your Altcoin ChoiceA Solana memecoin, Brett produced a year long higher low with the classic ending diagonal pattern to signal an upcoming trend reversal. The first low happened in April 2024. The second and higher low this month, this week, 7-April 2025. The chart dynamics are very simple. Are you wondering, is the timing right? Right for a buy, maybe. Right to hold or, will a reversal happen soon? The answer is positive to all those questions. The time is right and is also ripe for a reversal to take place. This is the best possible time right now to buy and hold. The market must be bought when prices are low and red. This is the situation with the chart today. Prices are low and red but ready to turn. All the early signals are in. BRETTUSDT is showing potential for a strong bullish wave in the coming months. Being new and also trading at bottom prices, growth can go off the chart. I will not be surprised when this pair goes beyond the 1,115% shown on the chart, this target is based on the mid-term. The first target can reach 415%. This is an easy chart. This is an easy trade. I don't like memecoins, but it is not about what I like, it is about what the chart says. The chart says that this pair is bullish with huge potential for growth. If you like it, feel free to enter with force. The Cryptocurrency market is turning bullish now and this and other pairs are sure to grow. Thanks a lot for your continued support. Your timing is great. A good Altcoin Choice. Namaste.
Long
by MasterAnanda
5
Sui: Your Altcoin ChoiceThe action is happening right above 0.786 Fib. retracement level support. Above it, the actual level wasn't hit and this is a signal of strength. I looked at this chart when the action was happening above 0.618 and mentioned that it could drop further before the start of the next bullish wave. See what happened, as soon as the next support gets challenged, volume goes up. This is significant volume in comparison with the daily average. The highest volume since November 2024. This volume signal can be easily translated as support found. Support found means that the down-move is no more. The down-move being over invariably leads to change. Change means the market won't be dropping no more. If it was going down, soon, SUIUSDT should start to grow. That's my conclusion based on the data coming from the chart. Even if prices move a bit lower, the bullish bias still remains. There is an ending diagonal on the chart. This pattern tends to show up before a change of trend. The correction is over. It is only a matter of time before the next bullish wave. Thanks a lot for your amazing and continued support. It is truly appreciated. It is not possible to project an accurate ATH for this pair because the chart is too young. Relevant numbers for 2025 are $9.42 and $15.24. Namaste.
Long
by MasterAnanda
1
SOL preppin for a 300 revisit from this 100 bargain zone. SEED!SOL has been on rollercoaster ride the past few months -- going from 100 to almost 300 in a zoom when the market is at its peak. Moreso, when memes started taking over the market and everyone, including the president himself is launching one on SOL blockchain, market started pickup up pace and eliciting euphoria among all, albeit momentarily. It has stirred up some hype and frenzy skyrocketing prices only to be met with so much saturation and gravity, then the BIG BLEED happens. After a few weeks thing seem to have settled down -- a shift is gradually transpiring as we speak. SOL is now exhibiting some basing behavior at this current range at 100 levels. Net longs has started to pile up around this zone conveying a prep work of upside reversal soon. Long term metrics suggests a tap at 61.8 FIB levels - a buyers convergence zone. This is where it all starts. Ideal seeding is at the current discounted price range. Spotted at 110 Mid target 300. Long term 500. TAYOR. Trade safely.
Long
by JSAL
3
Janover Stock Spike 1100% After Completing First Solana PurchaseJanover (NASDAQ: NASDAQ:JNVR ) has invested over $9.6 million into Solana (83,000+ SOL) as part of a new digital asset treasury strategy, with plans to stake its holdings and run validators to generate onchain revenue. The move follows a $42 million funding round and has triggered a 1,100% surge in Janover’s stock price as the company positions itself as a transparent, publicly traded vehicle for crypto exposure. The company bought $4.6 million of Solana’s SOL token on Thursday. Earlier this week, Janover announced that it raised $42 million through the private offering of convertible notes and warrants, with plans to acquire SOL. Janover shares were last higher by more than 64%, after skyrocketing more than 1,100% earlier in the day. “Our aim is to be the most efficient and transparent vehicle for crypto accumulation in the public markets,” Janover CEO Joseph Onorati said in a statement Thursday. “Executing our first SOL purchase within days of completing our restructuring reflects that commitment.” Janover, a software company founded in 2018, on Monday announced a new crypto-focused treasury management strategy after a team of former executives from the popular Kraken crypto exchange acquired majority ownership of the firm. It also plans to change its name to DeFi Development Corporation and revise its ticker symbol. As of the time of writing, the stock is up 13.88% with the RSI at 58.77 there could be room for more bullish campaign. Similarly, the 45 -minute price chart depicts a cup formation with the handle still forming- this is typically identified as a bullish pattern.
NASDAQ:JNVRLong
by DEXWireNews
Solana Surges Nearly 8% As Janover Pivots to Solana Treasury The price of Solana ( CRYPTOCAP:SOL ) famously known as the ethereum killer has surged nearly 8% today as Commercial property platform Janover pivots to Solana treasury strategy, stock surges 1,100% as investors rush in prior the news. Janover has invested over $9.6 million into Solana (83,000+ SOL) as part of a new digital asset treasury strategy, with plans to stake its holdings and run validators to generate onchain revenue. The move follows a $42 million funding round and has triggered a 1,100% surge in Janover’s stock price as the company positions itself as a transparent, publicly traded vehicle for crypto exposure. Solana has lost grip of the $120 pivot for the past 2 weeks, but reclaimed the zone today currently trading at $120.54 per $SOL. The daily price chart shows Solana has been trading within an enclose rectangular zone with the Resistant and support points slightly above each other. For Solana, a break above the $170 zone could pave way for a move to the $200- $270 zone. Similarly, a break below the $100 zone could be catastrophic for Solana. However, the RSI shades a bit of a light at the end of the tunnel as it stands at 47, which is prime for a reversal.
COINBASE:SOLUSDLong
by DEXWireNews
1
Solana Update: To Buy Or Not To Buy? Hold Or Sell?Here is an update on Solana. The chart has the same numbers as before but the support line has been moved to match the 5-August 2024 low. The action is happening right above this level. While Solana trades above its August 2024 low, the action is considered bullish. Below this level and we are certainly bearish. Being bearish in this way does not change the long-term outlook, bias and perspective, we are set to grow long-term based on a broader trend and bigger cycle. This is a closer look. The low in April is a shy lower low compared to March. This is always important. Notice the steep decline. This is a bearish impulse, prices tend to move down fast and strong. When bearish momentum starts to die down, we see patterns like the one we have on the chart above. Some shaky action and then a lower or higher low. The market (SOLUSDT) is preparing to change course. The correction is present since November 2024. For Solana, the higher high in January 2025 is part of a complex correction, an extended flat. 3-3-5 wave in Elliott terms. This is irrelevant. The point is that once the correction is over prices tend to grow. Consider this, between June and September 2024 we have more than three months of consolidation. The market garnered enough strength to produce a bullish wave. It took a while but it happened. Then there is a correction and this bullish wave was erased by more than 100%. If buyers showed up at a price of $100, $120, $130 and even $150 in the past, they can definitely show up again. Now that the bullish move has been erased, we are back to square one, the starting point, the base; from this point forward Solana can grow again. Solana looks weak right now on the very, very short-term. But do not let this deceive you, we are going up next. Focus on the long-term. Accumulation can be done each time prices hit support. What happens if I buy and prices move lower? Wait patiently. If you have capital available, buy more. And if it drops again? Keep waiting, continue buying. You will be happy with the results once the market turns. Thank you for reading. Patience is absolutely key. If you didn't sell at $290, $280 or $250, why would you sell when prices trade at $100? It makes no sense. Buy when prices are low and hold. Only sell when prices are moving higher. Namaste.
Long
by MasterAnanda
SEI: Your Altcoin ChoiceThe last session produced the highest volume since November 2024 and activated the baseline of a rounded bottom pattern that launched the first SEIUSDT bullish wave. SEI's first bullish wave produced more than 1,101% growth. The peak happened in March 2024. After this peak, bearish all the way. The next major low happened on the 7-April 2025 trading session, 3D. More than a year of bearish action. I say this is enough. A long-term higher low is present vs October 2023. The chart is clear and easy. Market conditions are about to change. The high volume on the more than a year strong higher low indicates that buyers were present. Support is activated but still early. Confirmation comes when multiple sessions close green without the last low, 0.1303, getting challenged again. I don't think we should wait for confirmation. The wise move would be to do like the whales and start an accumulation phase. Instead of waiting for a certain market condition to be met, once support is hit we start to buy as much as we can. Prices will always fluctuate and fake signals are the norm. The market can move down and pierce support just to produce a fake bearish signal and then grow. It is very hard if not impossible to predict the short, short-term. When focusing on the bigger picture, we know the market is set to grow next. Knowing this, we buy, accumulate, as much as we can in anticipation of this bullish wave. It is early but a long-term correction is over. What follows, is growth. Thank you for reading. Namaste.
Long
by MasterAnanda
SOLANA on its huge Bull Cycle Support.Solana / SOLUSD just hit the Rising Support that started back on the December 26th 2022 Bear Cycle Bottom. Meanwhile, it hit for the first time in its history its 1week MA200. This is a huge Support cluster. Having declined by -68.21% from its January All Time High, it looks identical to the last correction (also -68.21%) of the last Bull Cycle in May-June 2021. A +1278% rally followed and it since we now enter the final phase of the Bull Cycle with the most aggressive rallies historically made, a new +1278% increase is technically possible. Target 1200. Follow us, like the idea and leave a comment below!!
CRYPTO:SOLUSDLong
by TheCryptagon
2
SOL LONG????🔍 Overall Market Structure The price recently saw a sharp drop from the $120.69 high and is currently consolidating around the $108–110 area. A bullish structure is forming, suggested by the potential for a reversal pattern from a support zone. 🧠 Key Technical Components 📉 Fibonacci Levels (retracement from $101.21 to $120.69): 0.236 – $115.78 (resistance) 0.382 – $112.84 0.5 – $110.53 0.618 – $108.25 ← Current support 0.786 – $105.20 Price is bouncing from the 0.618 zone, a strong reversal area. 🟣 RSI (Relative Strength Index): RSI is near oversold (31.15) and showing bullish divergence: Price made lower lows. RSI made higher lows. This divergence suggests momentum is weakening on the downside, signaling a potential bullish reversal. 🟪 Support & Resistance Zones: Demand Zone (support) around $107–108 (marked with purple box). Supply Zone (resistance) around $118–120. Price could bounce from support, targeting higher fib levels and possibly retesting the supply zone. ✏️ Projected Price Action (Black Curve): Anticipated short-term reversal from $108. Price might climb through: $110 (0.5 fib) $112.84 (0.382 fib) Potentially to $115.78 (0.236 fib) or even back to the $120.69 high. Shown within a larger wedge structure, so upper trendline resistance around $120. ✅ Conclusion: Bullish reversal likely from $107–108 support. RSI divergence + Fibonacci confluence supports the reversal thesis. Next targets: $110.50 → $112.84 → $115.78 with final resistance near $120.69.
Long
by Rogcrypto
Elliott Wave Update – Clean Count DevelopmentBINANCE:SOLUSDT We are currently tracking a developing (B) wave as part of a larger corrective structure. The move up from the local low unfolds as a classic 5-wave impulse (yellow), where wave 3 is completed, wave 4 is forming as an A-B-C flat correction, and wave 5 is still expected to follow, completing wave (C) of (A). After that, we anticipate a drop into wave (B) of the corrective sequence before a potential final push into the green target zone to complete wave (C) of (B). Once this entire correction is done, the expectation remains for a larger 5-wave decline to complete the macro structure. Wave count stays valid as long as internal rules of Elliott Wave Theory are respected.
Long
by ElliotXSolana
$DAKU Set for A 50% Surge Amidst Bouncing From Support Point Der Daku ($DAKU) a token created and deployed on the Solana blockchain from the pump.fun platform has graduated from a bonding curve and transition to Raydium a DEX on the Solana ecosystem is set to break with an estimated 50% surge. The asset is trying to find support in the $0.045 pivot. Should $DAKU consolidate from that point, a breakout is imminent without major CEX listings and a thriving community with about 19300 members on Telegram and about 1039 followers on X. This Dog-themed memecoin on Solana ecosystem could be the next big thing with the RSI at 44.52 this only proffers more room for a breakout albeit the crypto market is highly volatile. The $0.07 pivot is acting as a resistant point should buyers break above this point, $DAKU will be setting course for a new all time high price.
RAYDIUM:DERDAKUSOL_DTAGDC.USDLong
by DEXWireNews
Elliott Wave Analysis – Focus on Wave StructureBINANCE:SOLUSDT The current setup shows a completed green (A) wave, followed by a corrective (B) wave unfolding as an A-B-C structure. Within wave (C) of (B), we can clearly identify a 5-wave impulse: Wave 1 is complete Wave 2 formed as a correction Wave 3 extended strongly Wave 4 is currently developing Wave 5 is expected to complete wave (C) of (B) Once this move finalizes, a larger downward (C) wave is anticipated to complete the overall corrective pattern. This setup remains valid as long as the internal structure respects the rules of Elliott Wave Theory.
by ElliotXSolana
3
Elliott-Wellen Analyse 1-2-3-4-5 incomingBINANCE:SOLUSDT 🧠 Elliott Wave Analysis 🔍 Market Structure & Wave Count: After a strong bearish impulse, the market completed a complex corrective (A)-(B)-(C) structure. The recent move up appears to be wave (2) of a larger downward impulse and seems to have finished. We are currently in the early stages of wave 3 to the downside, aiming for a full 5-wave structure (1-2-3-4-5) within wave (C). The final wave 5 is expected to complete in the demand zone (gray box) around 90–95 USDT. 📉 Short-Term Bearish Target: Target zone for the completion of wave (C)-(B) lies around 97 USDT. 📈 Next Bullish Move (Rebound Target): After completing wave (C), a new upward move in the form of wave (A) is expected. This bullish corrective wave could reach up to 115 USDT, completing a larger A-B-C structure. 📊 Indicators: MACD shows weakening bullish momentum – potential confirmation for wave 3 downside continuation. RSI is near the oversold zone (~27) – supporting the idea of a wave 5 bottom and a bullish reversal afterward. 🧭 Conclusion: ➡️ Focus is on a final move down to complete wave (C) around 90–95 USDT. ➡️ After that, a possible long setup is expected for a corrective rally. ➡️ Great setup for swing or scalp trades using Elliott Waves + demand zone confluence.
Short
by ElliotXSolana
Solana vs. Ethereum: Why Investors Are Turning to Solana in 2025In recent months, a growing shift in sentiment has been observed among crypto investors: many are increasingly eyeing Solana (SOL) as a strong alternative to Ethereum (ETH). The comparison chart above, plotting Solana’s price action alongside Ethereum's, reveals that despite ETH retracing back to October 2023 levels, SOL is still holding higher support zones—a sign of relative strength and growing market confidence. But why exactly is Solana capturing investor attention more than Ethereum in 2025? Let’s dive into the technical, fundamental, and sentiment-driven reasons behind this evolving preference. ___________________ 📊 Technical Outlook: Solana Holding Strong Ethereum (red line) has dropped back to its October 2023 price levels (~$1500), reflecting a broader altcoin weakness. Solana, on the other hand, is still trading above $100, even though the macro market has turned bearish. SOL has tested and respected the long-term ascending trendline that began in early 2023, while holding above a key horizontal support near $68–$82. This divergence in structure suggests stronger buy-side interest and support zones forming on Solana, while Ethereum appears to be losing momentum. ___________________ 🧬 Fundamental Comparison: Solana vs. Ethereum Solana’s technical design gives it a speed and cost edge that appeals to users and developers building consumer-facing applications like NFTs, GameFi, and micro-transactions. Ethereum remains the institutional and DeFi heavyweight, but it’s starting to feel the pressure of competition in usability and scalability. ___________________ 💬 Investor Sentiment: What’s Driving the Shift? User Experience Solana offers near-instant confirmation and negligible fees, making it ideal for gaming, NFTs, and mainstream use cases. Ethereum's scaling solution rollouts are still clunky and fragmented (Layer 2s like Arbitrum, Optimism, etc.), creating friction. Vibrant Ecosystem Growth Solana’s ecosystem is experiencing a boom in dApps, especially with high-profile launches like Jupiter, Marinade, and Phantom wallet integration. The mobile-first approach (Saga phone initiative) and deeper ties with consumer apps are also pushing adoption. Performance During Market Pullbacks As seen in the chart, SOL is showing relative strength during market corrections, indicating long-term accumulation rather than panic selling. Narrative Momentum The "ETH killer" narrative has found new life with Solana's resurgence. While Ethereum focuses on L2 scaling and abstract complexity, Solana is betting on a simpler, high-performance monolithic chain.
by melikatrader94
9
Samoyedcoin: Your Altcoin ChoiceSamoyedcoin (SAMOUSD) is trading within a long-term buy-zone with a long-term higher low. The market bottom was hit in December 2022 and the higher low comes now, March 2025. The long-term buy-zone is marked with a purple box on the chart. This zone launched two bullish jumps. One a short move that was quickly erased, +490% within days, and the second one a bullish cycle with total growth reaching 1,165%. The same level now can lead to an even bigger wave. Can be 2-3 times bigger. I am very optimistic and that is because I've been around Cryptocurrency for long. I know how the market works and I've seen how prices tend to go beyond expectations all the time. Many people are new and have not experienced a bull market and so they have big doubts, this is understandable. They weren't around in 2021 and joined the market only after. Even three years in the market means no bull market experience. A bull market tends to produce new All-Time Highs all across. Not only 2021 but we also have 2017 and 2013 and these were the same. Back in 2013 there weren't that many choices nor many exchanges but still growth was off the chart. In 2017 things were great but many of the coins were new. Still, the growth that happened was always in the same proportions as with every Crypto bull market, simply surprising. This time it won't be different, we are set to experience something great. Even if the bull market is weak, we are going to see 10-30X growth on most pairs. I thought this was a real project but it seems to be a doggy coin. Nothing changes, this pair can still be bought. For a long-term strategy and portfolio, we prefer actual cryptos, actual companies with an actual function and real products, but, if you like you can always buy for profits and to trade. Just know that having a real Altcoin makes for a completely different experience and you support the market along the way. The SAMOUSD chart looks great. Buy-zone, accumulation phase. A great entry price. Can be approached with patience and a simple strategy. Timing is of the essence. If you are reading this now, you are literally looking at bottom prices. It doesn't get any better. After this period, a bottom tend to last between 2-3 months, we will be green and going up. The best Cryptos are ones that are more decentralized and based on proof of work. Bitcoin is a great example. Its price says it all. Namaste.
GEMINI:SAMOUSDLong
by MasterAnanda
6
SOL Trade Plan: Daily Support, Liquidity Grab & Trade Idea.Solana (SOL) is currently navigating a challenging market environment, with broader sell-offs across the crypto space weighing heavily on its price action. On the daily and 4-hour timeframes, SOL has traded into a significant support zone, marked by previous swing lows. This area has historically acted as a magnet for buyers, but the recent dip below these levels suggests a liquidity grab is underway. This move has likely triggered sell stops sitting below the lows, creating the potential for a reversal as smart money steps in. ⚡ Zooming into the 15-minute timeframe, SOL is consolidating within a tight range, reflecting a period of indecision. This range-bound behavior often precedes a breakout, and a bullish break above the range could signal the start of a recovery. A shift in market structure—marked by higher highs and higher lows—would provide further confirmation of bullish intent. Key Insights: Daily Timeframe: SOL has dipped below key support levels, sweeping liquidity. 4-Hour Timeframe: Price is overextended, trading into a critical demand zone. 15-Minute Timeframe: Consolidation within a range, awaiting a breakout for directional clarity. Trading Plan: Patience is Key: Wait for SOL to break out of the 15-minute range to the upside. 🚀 Market Structure Confirmation: Look for a clear shift to bullish market structure (higher highs and higher lows). 📊 Entry Strategy: Enter long positions after confirmation, with a stop-loss placed below the range low. 🛡️ Profit Targets: Focus on resistance levels on the 4-hour and daily timeframes for potential take-profit zones. 🎯 Levels to Watch: Support Zone: Previous daily swing lows, now acting as a liquidity zone. Resistance Zone: The upper boundary of the 15-minute range and key levels on the 4-hour chart. This setup highlights the importance of waiting for confirmation before entering a trade. While the liquidity grab below support is a promising signal, a breakout and bullish structure are essential to avoid false moves. As always, this is not financial advice—traders should conduct their own analysis and manage risk appropriately. ⚠️
by fxtraderanthony
The key is whether it can rise to around 136.74 Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (SOLUSDT 1M chart) In terms of Fibonacci ratio, the key is whether it can rise after receiving support near 0.5 (98.71). In order to continue the uptrend, the price must be maintained above the M-Signal indicator on the 1M chart. Accordingly, we need to see whether it can rise above 136.92 and receive support. If not, and it falls, you should go up again and check if it is supported near the Fibonacci ratio 0.5 (98.71) or if the HA-Low indicator on the 1M chart is generated, and then create a trading strategy. - (1D chart) Therefore, if possible, it is more important to check if it is supported near the HA-Low indicator on the 1D chart, that is, near 136.74. - Fibonacci ratio 0.5 (98.71) should be interpreted as having an important meaning because it is in the middle of the overall chart. Fibonacci ratio is a chart tool that helps with chart analysis, but it is not recommended to trade with it. - (30m chart) The indicator that can create a trading strategy on my chart is the HA-Low, HA-High indicator. Therefore, you can create a trading strategy by looking at the movement of the HA-Low, HA-High indicator formed on the time frame chart that you mainly view and trade. - Thank you for reading to the end. I hope you have a successful trade. -------------------------------------------------- - ​​This is an explanation of the big picture. I used TradingView's INDEX chart to check the entire range of BTC. I rewrote it to update the previous chart while touching the Fibonacci ratio range of 1.902(101875.70) ~ 2(106275.10). (Previous BTCUSD 12M chart) Looking at the big picture, it seems to have been following a pattern since 2015. In other words, it is a pattern that maintains a 3-year bull market and faces a 1-year bear market. Accordingly, the bull market is expected to continue until 2025. - (Current BTCUSD 12M chart) Based on the currently written Fibonacci ratio, it is displayed up to 3.618 (178910.15). It is expected that it will not fall again below the Fibonacci ratio of 0.618 (44234.54). (BTCUSDT 12M chart) I think it is around 42283.58 when looking at the BTCUSDT chart. - I will explain it again with the BTCUSD chart. The Fibonacci ratio ranges marked in the light green boxes, 1.902 (101875.70) ~ 2 (106275.10) and 3 (151166.97) ~ 3.14 (157451.83), are expected to be important support and resistance ranges. In other words, it seems likely to act as a volume profile range. Therefore, in order to break through this section upward, I think the point to watch is whether it can rise with support near the Fibonacci ratios of 1.618 (89126.41) and 2.618 (134018.28). Therefore, the maximum rising section in 2025 is expected to be the 3 (151166.97) ~ 3.14 (157451.83) section. To do that, we need to look at whether it can rise with support near 2.618 (134018.28). If it falls after the bull market in 2025, we don't know how far it will fall, but considering the previous decline, we expect it to fall by about -60% to -70%. So, if the decline starts near the Fibonacci ratio 3.14 (157451.83), it seems likely that it will fall to around Fibonacci 0.618 (44234.54). I will explain more details when the downtrend starts. ------------------------------------------------------
by readCrypto