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Solana

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 $15. However, please note that SOL is fundamentally strong and could defy all the technical indicators mentioned above.
BINANCE:SOLUSDShort
by themr-im
SOLANA - 900% profit?main idea: An upward momentum is forming. At the moment we are in the corrective 4 wave, if we look at the daily candlestick signal, we can assume that we have completed it. Further I expect growth and formation of the 5th wave, which completes the whole impulse. The growth target is the area of 656.00 - 1380.00$. 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.
CRYPTO:SOLUSDLong
by Trade_Hive_Signals
2
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.
by Phemex
1
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.   
CRYPTO:FARTCOINUSD
by EbonyFalcon
Solana’s Big Moment: Will the Ascending Triangle Ignite a Rally?Yello, Paradisers! #Solana is gearing up for action as it charges inside an ascending triangle pattern, inching closer to the critical neckline resistance. If bulls can deliver a convincing breakout here, a trending move could be on the cards, setting the stage for a significant rally. 💎For #SOLUSDT the first test lies at the $197–$198.50 range, a moderate resistance zone that has effectively capped its price since December 19th. A breakout above this level, supported by strong volumes, could signal the start of a trending move, initially pushing the price toward the $210–$212 zone, where some profit-taking is likely to occur. 💎If bullish momentum remains strong beyond this point, Solana could set its sights on the next major resistance at $220–$225.50. This key level has the potential to define the next phase of its upward movement and will be critical for assessing whether the bulls can sustain the rally. 💎On the downside, Solana is supported by the ascending trendline in the $188–$186 range, with additional horizontal support at $186–$183.80. As long as these levels hold, the bulls remain in a strong position to keep the momentum alive. Paradisers, stay sharp—Solana is at a critical turning point, and the next few moves could be decisive! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
1
SOLANA - Conservative trade for long My most conservative way to enter long based on technical analysis: 1) Daily chart 2) Identify the prolong range bound area and draw Fibonnaci line  3) Wait for daily candle to clearly break and close above Fib 0.786.   4) MACD crosses above 0 line, 1st green histogram shows up5) both RSI and Stochastic (9,3,3) cross, point upwards in 50 zone.   The price on Nov 7th 2024 (blue vertical line) is a good example.  Fib 0.786 often works as the very last line of defence for the bear.  The price often struggles to move above it and often gets pushed down.  When it breaks decisively above and momentum indicators support that move,  it often is a high probability trade in my experience. I know Solana will go up sooner or later, but if you are going to trade and want a very conservative entry point, I wiill wait for a daily candle to break and close above $246 where Fib 0.786 and the previous month high are.  It also clears the large sell block.   But MACD, RSI, Stochastic all need to be in agreement for the bull move. 
BINANCE:SOLUSDLong
by EbonyFalcon
Nosana - it is about to move up. Nosana has been struggling to go above $4.45 area since Oct 2024.  There is a large sell block sitting above it.   However. MACD and RSI in the daily chart are entering the bull zone and the weekly stochastic has crossed and is rolling back up entering the bull zone.   The price still needs to go above the previous week high and the previous month high, but I think the price will soon break to the upside if weekly stochastic remains to move upwards.   One note: Stochastic in the daily chart is in the overbought territory, so the price is likely to get pushed down once more when it reaches where the sell block is sitting above.  
by EbonyFalcon
SOLANA - one more minor dip before going up?I just published my analysis on BTC.  The set up for Solana is quite similar to BTC.    The price broke and close above descending trendline.  All momentum indicators are starting to move upwards.  However, when I analyse major cryptos such as BTC, ETH and SOLANA, MACD seems to be the most reliable indicator to analyse the direction of the price (for me at least).  Solana will eventually start going up, however, there is a sell block sitting above $220 area which is 0.5 Fib level.  When RSI and Stochastic reach above 50 level, I interpret it as the beginning of the bull trend.  However, if MACD is still below 0 line, the price often moves up to key Fib level such as 0.5 and 0.618 and gets pushed back down again.  The price move on the 3rd July 24 (red vertical line on the chart) is a good example.   I think Solana will go up eventually, but it is possible to have another minor dip before moving up. 
BINANCE:SOLUSD
by EbonyFalcon
SOL's situation+next targets and expected movements.It can now be said that the cup and handle pattern has broken well, and from a technical perspective, the price can rise from here. previous analysis Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
SOL Cup & Handle pattern approaching the key breakout area.SOLANA has been building a massive cup-and-handle pattern for over four years and has yet to break out. There was a small, false breakout after the November 5th election of President Donald Trump, but the pattern has not yet played out to its full potential. I believe that during the upcoming 'alt-coin' season, up until mid-2025, we will see SOL, at a minimum, 2X to 3X in value. On the extreme side, it could even rise as high as 10X. Either way, SOLANA holders will be more than satisfied, assuming there are no unpredictable events that could hinder SOL's inevitable rise through price discovery to new all-time highs. Good luck, and always use a stop loss!
COINBASE:SOLUSDLong
by MetaShackle
GOAT - long opportunity coming soon? Since reaching its ATH on 17th Nov,  GOAT has been moving downwards in the descending parallel channel in the daily chart.  However, there are some signs of recovery:  1) MACD is still in the bear zone (below 0), however, the MACD lines clearly crossed and now pointing upwards;  2) RSI also still in the bear zone (below 50), but the lines clearly crossed and moving upwards;  3) Stochastic (9,3,3) formed positive divergence and has entered into the bull zone (above 50); 4) Weekly stochastic reached oversold territory, the lines have crossed (higher timeframe confirmation)  0.75 zone is a good area of entry for long (blue rectangular area in the chart), IF the price clearly breaks and closes above the channel,  decisively moves above the closing price on Oct 26th, daily MACD enters the bull zone and ideally weekly stochastic are moving upwards. There are many IFs, but I think a long opportunity is coming.
Long
by EbonyFalcon
Solana 05.01.2025COINBASE:SOLUSD Hello Traders, I hope you all have great success in 2025! Currently, I’m analyzing Solana, focusing on the potential for its third position within the larger wave 3 to 4. At the moment, we can identify a 1-2-3 wave structure. Within wave 2, there’s a slightly messy 1-2-3-4-5 sub-wave setup, which is fairly common. We’ve observed significant volume and a strong bullish push from sub-wave 2 to 3. However, sub-wave 4 to 5 is moving sideways, forming what’s typically seen as a diagonal pattern. Within this diagonal, we can clearly recognize an ABC formation, and the transition from wave B to C aligns perfectly with a 1-2-3-4-5 setup. Currently, sub-wave 5 is still unfolding, but the chart is becoming increasingly messy. Many traders appear to be selling their positions. Using the MACD indicator, we can see that the buying volume is decreasing, and the red selling volume is approaching dominance. I hope you find my analysis helpful, and I’m always happy to receive your feedback! Best regards
COINBASE:SOLUSDShort
by NeptenFX
2
SOLANA // primary long trendThe daily countertrend has reached the weekly breakout, and turned long, breaking the last clean daily breakdown. As long as the daily impulse base holds, the primary long trend is valid. ——— Orange lines represent impulse bases on major timeframes, signaling the direction and validity of the prevailing trend by acting as key levels where significant momentum originated. ——— Stay grounded, stay present. 🏄🏼‍♂️ <<boost🚀 if you enjoy💚
COINBASE:SOLUSDLong
by TheMarketFlow
SolAna "🌟 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! 📊💡"
by Golden_candle
$me magic eden $MEUSDmoving forward i am bullish on magic eden... we are traveling in a nice uptrend in a nice channel.... we currently have a fib resistence at $3.77 which i personally think we will retest before the weekend is over...the channel support line is in the low 3.20's if you are looking to add on a pullback...as we approach the $3.776 range keep an eye on !total to see what the marketcap is doing.... if btc dominence is going down and money is flowing into alts, i expect volume to pick up as we push thru the resistence area. if marketcap starts to drop though i can see the price here coming back down to retest the $3.12 current swing low that was created last week. Price for this token dumped hard after an initail luanch of the token sent out 1,000s to some holders, which where dumped onto the market....a lot of investors into this project tho are staking as many coins as possible to maximize the sites rewards. lockup period is thru mid march to end of march....Stay tuned as i will keep you updated on this chart. Give me a like and follow....Share on X.com also if you like my TA and have found it helpful. Thanks
COINBASE:MEUSDLong
by JTess