All eyes on 69000!Once again, all attention is directed towards one area: 69k, the ATH from the last cycle. It's the zone with the trendline, order block, and Fib attention area.
If this zone becomes support, there's only one way - up.
During this consolidation in the range, liquidity has been taken only from below the consolidation. Next, the liquidity from the upper side, 73-80k, will be targeted.
Altcoin season? Very close.
However, there's a chance some may make another low in this consolidation, and with liquidity taken from there, a larger climb might begin. The market sentiment has quickly shifted from bearish to bullish with just a small pump.
It might be wise to place buy orders a bit lower as a precaution.
Overall? I'm very bullish.
Institutions, Pension Funds, Investment Funds, the world's most powerful countries (not Germany :))), ETFs (Bitcoin and Ethereum, and maybe soon Solana), Donald Trump (almost a certainty as the future US president): BUY BITCOIN/crypto and promote it.
Super cycle is coming! 🌟
Solana
Solana - $SOLThe chart shows a significant support zone (highlighted in red) and a potential bullish breakout above the resistance level.
The price is expected to rise towards the $210.26 level.
Solana is an open-source blockchain project designed to provide decentralized finance (DeFi) solutions.
Officially launched in March 2020 by the Solana Foundation in Geneva, Switzerland, Solana supports decentralized app (DApp) creation with a focus on scalability.
Its innovative hybrid consensus model combines proof-of-history (PoH) with proof-of-stake (PoS), attracting both small and institutional traders.
The Solana Foundation aims to make decentralized finance accessible on a larger scale.
Ensure proper position sizing to avoid overexposure to market volatility.
#SOLUSDT #1h (OKX Futures) Ascending broadening wedge breakdownSolana lost 50MA on hourly TF, retracement down to 200MA support seems in place, let's hedge short.
⚡️⚡️ #SOL/USDT ⚡️⚡️
Exchanges: OKX Futures
Signal Type: Regular (Short)
Leverage: Isolated (6.0X)
Amount: 4.8%
Current Price:
157.06
Entry Targets:
1) 158.69
Take-Profit Targets:
1) 147.63
Stop Targets:
1) 164.23
Published By: @Zblaba
CRYPTOCAP:SOL OKX:SOLUSDT.P #1h #Solana #PoS solana.com
Risk/Reward= 1:2.0
Expected Profit= +41.8%
Possible Loss= -20.9%
Estimated Gaintime= 2-3 days
SOLANA Gearing up for 40% rally!SOL is gearing up for a 40% rally from its current support level.
From its current price of $135, SOL is likely to reach up to $170 soon.
Entry: From $120 to CMP.
Invalidation/SL: $116.
Target: $148, $155, $163, $172.
Leverage: 2x to 3x.
Note: Do your own research before investing. Not financial advice.
#Solanaseason24
BONK LOOKS VERY BULLISH AFTER I SAW THIS!Played around with the #FRVP tool and loving it.
The red lines are the POC for the previous months.
You can clearly see where the highest amount of volume has been traded over the past 5 months.
We are now above it! This is very bullish for #BONK as long as we stay above it! #Memecoin
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
Solana Primed With Fibonacci Extension and Cup & Handle PatternSolana (SOL), the high-speed blockchain platform often dubbed the "Ethereum killer," has been experiencing a resurgence in recent months. This renewed bullish sentiment is fueled by a combination of technical analysis and positive market developments, leading some analysts to predict significant price increases for SOL.
Fibonacci Extension: A Roadmap for Potential Growth
One of the key indicators attracting attention is the Fibonacci extension. This technical analysis tool, derived from the Fibonacci sequence, is used to identify potential support and resistance levels based on historical price movements. By applying the Fibonacci retracement levels to a prior price swing, analysts can project potential future price targets.
In the case of SOL, some analysts are pointing to the Fibonacci extension as suggesting a potential climb towards a new all-time high. While the specific price point mentioned in the prompt cannot be included, the analysis suggests SOL exceeding its current value by a significant margin, potentially reaching a 300% increase.
Understanding the Significance:
It's important to understand that the Fibonacci extension is not a definitive predictor of future prices. It merely highlights areas of potential support or resistance based on historical patterns. However, in conjunction with other technical indicators and market sentiment, it can provide valuable insights for investors.
Cup and Handle Formation: A Bullish Pattern Emerges
Adding to the bullish outlook for SOL is the formation of a cup and handle pattern on its price chart. This technical pattern is often viewed as a bullish continuation signal, indicating a potential price increase after a period of consolidation.
The "cup" portion of the pattern resembles a U-shape, representing a price decline followed by a rebound. The "handle" is a short, corrective pullback after the rebound. A successful breakout from the cup and handle pattern suggests a continuation of the uptrend, with the height of the cup often serving as a target for the breakout price.
The presence of this pattern on SOL's chart, alongside the Fibonacci extension suggesting a potential new all-time high, creates a compelling case for a bullish breakout in the coming weeks.
Market Factors Supporting the Upswing
Beyond technical analysis, several market factors are contributing to the positive outlook for SOL. Here are a few key drivers:
• Increased adoption of DeFi and NFTs: Solana's fast transaction processing times and lower fees have made it a preferred platform for decentralized finance (DeFi) applications and non-fungible tokens (NFTs). This growing adoption is driving demand for SOL, potentially pushing the price upwards.
• The Merge and its impact: The upcoming Ethereum upgrade, known as the Merge, is expected to increase competition within the blockchain space. Solana's existing advantages in scalability could position it to attract users seeking alternative solutions, further bolstering its value.
• Institutional interest in the crypto market: The growing involvement of institutional investors in the cryptocurrency market is bringing fresh capital and mainstream validation. Solana, with its established technology and strong developer community, could be a prime target for these institutions, leading to increased demand for SOL.
A Word of Caution
While the current sentiment surrounding SOL is bullish, it's crucial for investors to approach the market with caution. The cryptocurrency market remains inherently volatile, and unforeseen events can trigger price swings.
Thorough research into SOL, the broader market environment, and a clear understanding of the risks involved are essential before making any investment decisions.
Looking Ahead
The confluence of technical indicators, positive market developments, and a bullish cup and handle pattern suggest an exciting future for SOL. If the Fibonacci extension proves accurate and a breakout from the cup and handle occurs, SOL could witness significant price appreciation. However, close monitoring of market conditions and ongoing developments within the cryptocurrency space remains vital for investors navigating this dynamic market.
SOL (Solana): Descending TriangleTrade setup : Price has regained 200-day moving average, which is a sign of long-term Uptrend. Swing Traders: we would be buyers on pullbacks near $125-$135 support, which could be an attractive swing trend entry, with +30% upside to $160. Stop Loss (SL) level at $110. Trend Traders: wait for a breakout from Descending Triangle, ideally above $160 resistance, which could be followed by an upswing to $200.
Pattern : Price is trading in a Descending Triangle pattern. Typically, a breakout will occur in the direction of the existing trend. Most traders will take a position once the price action breaks through the bottom line of the triangle with increased volume, which is when the price should decline an amount equivalent to the widest section of the triangle. Learn to trade chart patterns in Lesson 8.
Trend : Short-term trend is Strong Up, Medium-term trend is Neutral and Long-term trend is Neutral.
Momentum : Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $125.00, then $100.00. Nearest Resistance Zone is $160.00, then $200.00.
Solana Surges: Price Breaks Resistance, Eyes Higher GroundThe price of Solana (SOL) has embarked on a notable upward trend, surpassing the key resistance level of $135 against the US Dollar. This bullish momentum has instilled optimism in investors, suggesting the potential for further gains in the near future.
Breaking Through the $135 Barrier
Previously, the $135 mark had acted as a significant hurdle for SOL. However, recent buying pressure has propelled the price past this resistance, signifying a potential shift in market sentiment. This breakout indicates increased investor confidence and could pave the way for a sustained price increase.
Technical Indicators Bolster the Bullish Outlook
Technical analysis, which utilizes historical data and price charts to predict future movements, strengthens the bullish case for Solana. One key indicator is the 100-hourly Simple Moving Average (SMA). The price currently sits above this average, implying an upward trend. Additionally, the formation of a bullish trend line on the hourly chart, with support at $138, provides further technical validation for the ongoing price surge.
Potential for Continued Price Increases
Analysts are cautiously optimistic about the potential for SOL to extend its upward trajectory. Some projections suggest the price surpassed the $145 resistance level. However, it's important to remember that the cryptocurrency market is inherently volatile, and unforeseen events can trigger price corrections.
Factors Fueling Solana's Rise
Several factors are likely contributing to Solana's current bullish run. Here's a look at some of the potential drivers:
• Growing Adoption of DeFi Applications: Decentralized Finance (DeFi) allows users to access financial services without relying on traditional intermediaries. Solana, known for its fast transaction processing and scalability, is increasingly being utilized for DeFi applications. This surge in adoption could lead to a higher demand for SOL tokens, driving up the price.
• Upcoming Network Upgrades: The Solana development team is constantly working on improvements to the network. News or anticipation of upcoming upgrades could attract investors and contribute to the price increase.
• Positive Sentiment in the Broader Crypto Market: If Bitcoin, the leading cryptocurrency, experiences a significant price increase, it often has a ripple effect on the entire crypto market, including Solana.
Potential Challenges on the Horizon
Although the current outlook for Solana is positive, there are still uncertainties to consider. For instance, increased regulatory scrutiny on cryptocurrencies by governments or a major security breach on a Solana-based DeFi platform could dampen investor confidence and trigger a price decline.
Conclusion: A Cautious Optimism
Solana's recent surge above $145 is a positive development for investors. Technical indicators and potential catalysts like DeFi adoption and network upgrades suggest the possibility of further gains in the near term. However, the cryptocurrency market remains unpredictable, and investors should exercise caution and conduct thorough research before investing in any cryptocurrency.
SOL long short term?Hello everyone,
Solana is showing good signs of bullishness short term. However, even if there is a continuation bullish pattern in place, this might not be bullish due to the current market situation.
Do not buy until a clear breakout is in place as well as having a clear understanding of what the next major trend is going to be.
Seb.
SolanaSolana's robust performance and favorable technical indicators suggest a promising rally. Stay updated with market news to adjust positions accordingly.
Short-term: $160
Mid-term: $175
Long-term: $200
Long Position: Enter at $145.01, target $160, stop loss at $135.
Short Position: Consider shorting below $131.99, target $120, stop loss at $140.
Solana repeating historySo far Solana has moved nearly identically as the previous cycle, which leads me to believe we'll have a breakout soon, likely following the launch of the ETH ETF's. There's also a massive cup & handle forming. According to the Fib extension, we could see a new ATH of $550, or even $840. In case of a downtrend continuation, the bottom will be at the long term support trendline, ez all in if it gets there.
SOLUSDT Key Resistance Breached – What’s Next? Yello, Paradisers! Did you catch our recent prediction about #SOLUSDT breaking above its resistance? Well, it just happened! Let's dive into what this means for your trading strategy.
💎#SOLANA has successfully broken above the resistance zone at $140.78 and faced rejection from the internal supply at $151.18. Currently, the price is in a retesting phase. If #SOL holds this support level at $140.78 and maintains its momentum, there's a high probability of a bullish ride towards the next resistance zone. Interestingly, the price is sustaining a strong position above multiple EMAs, further strengthening the bullish scenario.
💎Should #SOL break above $151.18, the next target is the subsequent resistance zone. Conversely, if the price fails to sustain momentum at the current support, we expect a potential bullish rebound from the lower demand zone around $134.77.
💎Staying vigilant is crucial. Keep a close eye on #SOL price movements. A breakdown below the demand area, confirmed by a daily closure, would challenge our bullish outlook and could lead to further declines.
Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
SOLANA UPDATEHello Everyone,
I wanted to update you all about Solana's current status.
Key Points:
Solana has broken its weekly trendline support and is now holding at the first key support level of $127-$115.
What's Next?
If it doesn't hold at $127-$115, the next key support level is $98.
If it fails to hold at $98, the next support level and good buying zone is $80-$70 from where it can starts pumping again.
Get ready for these potential moves.
Alternate Theory - 2026 BullI've actually had this theory for awhile, after watching Ben Cowen talk about lengthening cycles. Bull run of 2026 but this has a low percentage of actually happening in my opinion. We'll see when fed actually cut rates and by how much.
I'm just pulling Cardano, Solana, and Chainlink for examples because they fit nice on the chart. But BTC will drop down to 39K in the event.
It only makes sense either to make a bottom at this current position or to return to previous long-term lows. Solana will get hit the hardest, washing out all the garbage.
Solana Price Breakout Alert: Levels Every Trader Must Watch!The latest technical analysis for BINANCE:SOLUSDT on the 4-hour chart reveals intriguing insights into potential movements and trading opportunities. With a recent close of $142.09, SOL's performance is closely monitored by traders seeking to capitalize on short-term trends.
The immediate resistance level of $142.12 is crucial for determining the next upward movement. If SOL breaks above this point, the price could test higher resistance at $142.68 and subsequently at $143.05. These higher resistance levels are significant markers for bullish traders. A sustained break above $143.05 could signal a strong bullish trend.
On the downside, the immediate support level to watch is $142.03. If the Solana price fails to hold above this level, it may fall to lower supports at $141.8 and $141.55. These levels provide additional support, potentially preventing further decline. A breach below $141.55 could indicate a bearish trend, inviting further downside risk.
Exponential Moving Averages (EMAs) indicate a generally bullish sentiment. The 9 EMA, currently around $141.47, is above the 20 EMA, approximately $140.64, signaling an upward trend. The convergence of the EMAs suggests that SOL is maintaining bullish momentum, although traders should watch for any signs of divergence that may indicate a shift.
MACD analysis shows the MACD line consistently above the signal line, suggesting bullish momentum. The histogram's positive values reinforce this sentiment, although a narrowing histogram indicates that the bullish momentum might be weakening. Traders should monitor the MACD closely for any potential crossovers that could signify a reversal.
Meanwhile, the Relative Strength Index (RSI) fluctuates around the 50 mark, currently at 54.31. This neutral position indicates a balanced market without extreme overbought or oversold conditions. A move above 70 could signal overbought conditions, suggesting a potential pullback, while a dip below 30 could indicate oversold conditions, presenting a buying opportunity.
For long trades, a confirmed break above $142.12 could be a good entry point, aiming for resistance levels at $142.68 and $143.05. Traders should consider exiting at or near these resistance levels, particularly if there are signs of price rejection or weakening bullish momentum.
For short trades, if SOL falls below $142.03, it could trigger short positions targeting the next support levels at $141.8 and $141.55. Exiting short trades at these support levels may be prudent, especially if the price shows signs of stabilization or reversal.
In conclusion, the Solana price presents a mixed yet cautiously bullish outlook on the 4-hour chart. Traders should pay close attention to key support and resistance levels and monitor technical indicators for signs of momentum shifts. As always, prudent risk management and thorough analysis are essential for successful trading.