Solanausdt
#SOL/USDT#SOL
We have a downtrend on a 12-hour frame, the price is moving within it and adhering to its limits well
We have a major support area at $170
We have a higher stability moving average of 100
We have a downtrend on the RSI that is about to break higher
Entry price is 177
First goal 183
Second goal 192
Third goal 203
SOL/USDT⏰ The Solana chart is on a 1-hour time frame
Daily resistance Zone 👇🔴
$182.9 , $189.6 , $196.2
Daily support Zone 👇🟢
$176.7 , $169.9 & $167.6 , $164.1 & $161.7
🟢Hello guys, happy Sunday. Solana needs to break the $182.9 resistance to start an uptrend. If it crosses the resistance and downward trend, it can reach its next targets ($189.6, $196.2). Support is also indicated in the chart
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🔹disclaimer This analysis is just a personal opinion.
Good luck ♥️
Why Solana Could Boom in the World of dApps! I am bullish on Solana's future due to its potential dominance in the dApp space. Here's a breakdown of the key points and some additional considerations:
Key Points:
• dApp Growth: Solana's fast transaction speeds and low fees make it attractive for developers building dApps.
• Potential Price Increase: Increased demand for SOL tokens due to dApp development could drive up the price.
• Strong Contender: Solana's performance suggests it could be a major player in the dApp market.
• Call to Action: I would consider to buy SOL tokens (long SOL) to potentially profit from this growth.
Additional Considerations:
• Technology Risk: While Solana's technology is promising, it's still relatively new and evolving. There could be unforeseen technical challenges.
• Competition: The dApp market is competitive with other platforms like Ethereum. Solana's success depends on attracting developers and users.
• Investment Risk: Cryptocurrencies are volatile, and there's no guarantee SOL will increase in value.
Before Investing:
• Research Solana's technology and its competition in the dApp space.
• Understand the risks involved in cryptocurrency investments.
• Only invest what you can afford to lose.
Overall:
This idea highlights Solana's potential as a dApp platform, but be aware of the associated risks. Do your own research before investing and prioritize a long-term strategy over short-term hype. Consider consulting a financial advisor for personalized guidance.
SOL/USD - SWING BUY OPPORTUNITYSOLANA is an awesome L2 blockchain/ crypto with plenty of future growth and potential. One of its key features I personally love is the speed at which it processes transactions, developer growth, its ease of use for developers and the whole ecosystem in itself.
Yes there are other major players out there too, but for me, SOLANA is an awesome crypto with great future prospects. I personally see this crypto to thrive in the near future and expect to see its price grow substantially/ organic growth is what I expect from this awesome coin. I can definitely see SOLANA surpassing its ATH in the future.
So here's my personal view on Solana. At its current price area, to grow organically and make its way up to its ATH. Along the way up, expect to see pullbacks (if price does dip back down to $30 or $20 area, I would DCA!
I hope to see this coin thrive in the future. Todays price is not tomorrows Price!
The future is Blockchain!
Happy trading lovely people. Stay safe.
Disclaimer: Crypto is highly volatile and risky, you may lose all your investments and not see any returns, please invest at your own risk!
SOL - UPDATE - old eth vs sol now ideaSOL - update old eth vs sol now
just an update of the old attached idea with more data now on the macro momentum.
looking like that final push coming here, the spike before the biggish pull back before ultra moon mission alpha.
or we are about to get gutted like that earlier 'fake' pump. full retrace hell.
the momentum doesnt quite look right overall for that option to me. i think first option is more likely above.
anyway keeping a close eye on all this. would like to catch a big pull back but that is notoriously difficult. :)
gl
SOL USDT BULLISH ENTRY OF 250$ READ DESCRIPTION
Solana (SOL) stands out as a notable cryptocurrency with a market capitalization of $865 billion, securing its position as the fifth-ranked cryptocurrency by market capitalization. With a 24-hour trading volume of $40 million, SOL showcases substantial liquidity and active market participation, making it an appealing asset for traders and investors alike.
Examining SOL's price action, it currently resides within a crucial historical demand zone ranging from $192 to $194. This zone is notably attractive to major players and investors, serving as a key accumulation area. Additionally, a bullish divergence is observed within the $186 to $188 range, indicating a potential reversal in trend dynamics. Despite lower lows in prices at $186, diminishing selling volume suggests a possible trend reversal or bullish divergence, adding further weight to the bullish outlook.
From a technical standpoint, various indicators including RSI, Stochastic, Stochastic RSI, Ichimoku Cloud, Bollinger Bands, Super Trend, UT Bot Alert, SMA (10 to 200), EMA (10 to 200), HMA, and MACD all signal a robust buy sentiment. This convergence of technical signals underscores a compelling bullish case for SOL's future price movement.
Recent developments within the Solana ecosystem, particularly the introduction of the MANLET token on the Raydium project, highlight the growing decentralized finance (DeFi) landscape within Solana's blockchain. MANLET's liquidity and trading volume exemplify the increasing adoption of decentralized exchanges like Raydium and Orca, signaling a broader acceptance of Solana-based projects.
Analysts' anticipation of bullish momentum in MANLET's price trajectory further contributes to the positive sentiment surrounding Solana's ecosystem. The forecasted bullish waves and potential crossing of the $0.000006000 mark underscore optimistic prospects for the MANLET token and by extension, the Solana ecosystem.
In terms of trade strategy, targeting a profit margin of 33.5% presents an attractive opportunity for traders. With a favorable risk-to-reward ratio of 17.69%, traders can implement a disciplined approach to capitalize on SOL's potential upside while managing associated risks effectively.
By closely monitoring price movements within the historical demand zone and leveraging bullish signals from technical indicators, traders can aim to achieve profitable outcomes. Adhering to sound risk management principles and capitalizing on emerging opportunities within the Solana ecosystem are paramount to successful trading strategies in the cryptocurrency market.
In conclusion, SOL's promising fundamentals, coupled with bullish price action and favorable technical indicators, position it as an appealing asset for traders seeking lucrative opportunities in the cryptocurrency space. With prudent risk management and a keen eye on market developments, traders can navigate SOL's price movements effectively to realize profitable outcomes.
Get in on the action - Long Solana now!Solana has been on an absolute tear lately, pumping higher than Ether thanks to the higher volume driven by MEV bots and the rising popularity of Phoenix DEX.
If you're not already on the Solana train, now is the time to jump on board. The momentum is strong, and there's no telling how high Solana could go in the coming days and weeks. With all the exciting developments happening in the Solana ecosystem, this could be just the beginning of a major bull run.
So, what are you waiting for? Don't miss out on this opportunity to potentially profit from Solana's surge. Long Solana now and ride the wave to potential gains
SOL: Re-Accumulation After Decline (Decline already happened)Comparing Solana price action to this Wyckoff schematic known as "Re-accumulation After Decline" and it matches up beautifully. We should currently be in the LPS stages right before the next markup. Be careful with your entry obviously, because crypto doesn't always follow the rules, however we are definitely in a bull market and I'm looking long all day until proven otherwise, especially after finding this re-accumulation.
Suggested entry: At the bottom of this local consolidation range, which is currently sitting on top of our "lower accumulation" range highs. This needs to hold for the markup to play out. If we lose those highs, this idea will be invalidated
SOLANA UPDATES FOR THE BOYS
Here you go congrats to all haters who dislike my idea, I love them btw, they keep on boosting my ideas. well congrats maybe most of you got F-up since the fall and all you can say now is super bullish. well, you will not learn until you loss everything.
Bag holder @12$ not bad. sold at 95$. would I rebuy at 65-75$?
My idea is base on the previous, some comment there we go 145$, yes I agree but there is not straight line on making price predictions, maybe if you look at yearly that's a straight line.
Here is my other ideas for another buy Op, this is only my view.
This is not a financial advice. I will update CRYPTOCAP:SOL every time price goes to my analysis, because I have more haters than followers on this coin, hehe. Were the same I'm a holder too. don't be sad, I'm happy you earn too. but if you're on leveraging this then good luck with that thing.
Trade it or Hold it.
This is not a financial advice.
Follow for more.
SOLANA 200$ INCOMINGThe idea before is shorting, but most of us is bullish.
retracements on the higher demand 70-80$ as of current price demands at 105$, if price decline then the next buy op is below.
I'm expecting higher for distribution. Don't be sad if price not reach, I already made some on this coin. you either leverage it or hold it.
Follow for more.
Trade at your own risk.
This is not a financial advice.
Are you shorting without confirmations? Confirmations must be added on shorting and longing leverage products.
SOL: trade by leg📊Analysis by AhmadArz:
🔍Entry: 190.15
🛑Stop Loss: 186.06
🎯Take Profit: 194.40-198.59-209.32
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SOL - The FRACTAL you should WATCH📉Hi Traders, Investors and Speculators of Charts📈
If you've been following me for a while, you'll know that SOLANA has been on the list of my top 20 altcoins to watch in 2024.
This particular fractal has played out extremely well, and we're about to move into the next phase of this fractal.
Here's the original post I made in January when I first starting watching this fractal:
From a technical indicator analysis, we can see that the price is still extremely bullish - but the RSI is running hot:
Note that this, again, confirms the need for a pullback/drop before considering the start of impulse wave 3 /pop.
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CryptoCheck
BINANCE:SOLUSDT COINBASE:SOLUSD
SOLANA per $1000 is real and when?SOLANA has shown its resilience and dexterity of the project creators. They managed to revive a project that seemed to have drowned along with FTX
We described it in more detail here:
During 2023, the SOLUSD price approached ATH in percentage terms, closer than the price of BTC.
Where is the current high? - Perhaps it is already there, or perhaps there will be another attempt to make another breakout to the $148-158 range - there is a strong liquid zone there.
It is worth remembering that the "large FTX stocks" are in SOL and still have to be sold off to pay off creditors.
Therefore, just in case, you can and should set up buckets to buy SOLUSDT at $70-80 and $45-50.
And from there, only x15-x20 growth during the next possible bull cycle will bring the coveted $1000-1100 for SOL
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Cryptolean Solana SOL UpdateIn the daily chart, Solana could not sustain the price action above $186.
A bullish break-out of $186 will push Solana price towards the key Cryptolean resistance zone of $202-$209 and, possibly, higher to $228..
An inability to sustain the price action above $167 will result in price declining towards $144-$151 the key daily support.
Market Update - March 22, 2024
BTC drops below $61K for the first time since the start of March: Investor confidence dwindled as the market saw the first consecutive negative outflow days for the Bitcoin ETFs this month, with Grayscale Bitcoin Trust (GBTC) experiencing its biggest outflow since launch of $642.5M on Monday, followed by another sizeable $443.5M outflow on Tuesday.
Fed keeps interest rates unchanged: The US Federal Reserve held interest rates at the May FOMC meeting, but is still anticipating three cuts by the end of the year. This was widely celebrated by markets as the S&P 500 and Nasdaq set a new all-time high and bitcoin reclaimed $67K.
Hope for ETH ETF approval by the Securities and Exchange Commission (SEC) dwindling: The price of Ether (ETH) experienced a fairly dramatic fall this week from $3.64K to as low as $3.06K on Wednesday morning. The fall was in response to a recent sentiment shift around the possible ETH ETF approval in the coming months. Recent SEC delays to proposals from VanEck, Ark, Hashdex and Grayscale, along with comments from prominent ETF analyst James Seyffart suggesting the SEC will decline these approvals, have lowered confidence among investors.
SOL defies market downward trend and breaks above $200: For the first time in two years, Solana (SOL) broke above $200 this week, with analysts suggesting this could be linked to the large surge in activity on the Solana network, which has been driven by a frenzy for newly launched Solana-based memecoins.
AI fascination continues as NVIDIA AI conference kicks off this week: The conference caused a short-lived rally in AI tokens, despite the overall downward market trend in the market this week, with Render (RNDR), Akash (AKT), Fetch.AI (FET) and Bittensor (TAO) all posted double-digit gains.
🌸 Topic of the Week: The Solana Blockchain
👉 Read more here
Solana - IMPORTANT Support Zone will be TESTEDHi Traders, Investors and Speculators of Charts
Solana is frequently trending due to steep fees of ETH. Even after a large increase, there is still great upside potential for the future. However, for the short term, a retets of a prominent support zone is likely after a near parabolic increase on SOL.
SOLUSDT is one of the altcoins I was watching for 2024 Altseason, as per previous posts in early January. ✅
👉 Technical Indicator SHORT TERM is overbought indicating a correction is overdue
👉 Support zone at $153 is critical to hold
👉 Daily candles need to keep closing ABOVE this zone to avoid a potential H&S pattern.
Overbought indicates a correction is overdue:
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KUCOIN:SOLUSDT
$SOL Market Cap Long to $500B - '21 $ETH vs '24 $SOL2021 CRYPTOCAP:ETH
VS
2024 CRYPTOCAP:SOL
from: 10B Market Cap
to: 500B Market Cap
enjoy the ride, the cycle is young ✨
#SOLANA ⚡️
--- this is a study on fractals and market cycles. I have studied this '20-'21 ETH fractal in comparison with the '23-'24 CRYPTOCAP:SOL chart in great depth going back 2 years to when SOL was $8.
---REFERENCE my prior publishings to learn more. links to some of them are BELOW! GL HF NFA <3
TLDR - CRYPTOCAP:SOL is going to give CRYPTOCAP:ETH a run for its money. Enjoy the show. Been in since $8 and still just as bullish as before.
-@CryptoCurb
Cryptolean Solana SOL Update In the daily chart, Solana found a support at $167.
A daily candle closure above $186 will push Solana price towards the key Cryptolean resistance zone of $202-$209 and, possibly, higher.
An inability to sustain the price action above $167 will result in price declining towards $144-$151 the key daily support.
Intraday Chart
The intraday chart of #SOLUSDT is neutral.
A bullish rejection of $168 will push #Solana price towards $194, however to become bullish again, SOL has to break it to the upside and sustain price action above this level.
An inability to hold price above $168 could result in a bearish move to $154 support and, possibly, lower to $126-$138.