SOL slows down before running for 80$SOL reached 72.6 and is now gathering strengths to head towards 80 $ and above.
probable levels from which the rally will start ~ 67.10 or 65.60
Solanausdt
SOLANA TO $69Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions and suggestions. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please adhere to good risk management. Also like, follow and cheer, thank you....
SOL/USD Bullish | 4 Scenarios / on the roadSince it touched 63.7 I calculate these 4 scenarios .
I'll be glad if you share your opinion on which is more plausible.
Thanks in advance
SOL/USD Bullish | 4 ScenariosSince it touched 63.7 I calculate these 4 scenarios .
I'll be glad if you share your opinion on which is more plausible.
Thanks in advance
SOLANA Need to bounce nowSOLANA hit important trendline. On daily timeframe we can see a strong bearish divergence. It's important for solana to bounce now, if broke trendline next target could be 0.59
SOLANA going to hit 250$ AGAIN!Hello guys
BINANCE:SOLUSDT
The gray area(24-26$) is our risk-free entry point and the possible targets are as follows in order of probability and time to reach these prices.
$48
$69
$107
$138
$168
$211
$266
$467
Be sure to have a stop loss , which for me is around 21-23 dollars.
What will happen to Solana?Solana is between the resistance level that it is 77 $ and the supporting line that it is ascending line. So now buying Solana is somehow risky because we must be sure that it shows react to the supporting line and crosses the resistance level or not?
Entry by trigger for sell (SOL)❤️❤️Thanks for boosting 🚀 and supporting us!
📈Enter if support is lost and be sure to break with a powerful candle.
📊 (sell) : 58.43
🔴 Stop Loss : 60.92
🎯 Take Profit : 56.66 - 54.48 - 51.82
🔗 For more communication with us, In the footnote and send a message in TradingView.
👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
Long $JTO JITOSolana eco popping off. Havent had time to post a chart to much going on in markets. Long JTO here. Not Advise, good luck.
Solana Closes Gap on Ethereum with Over $16M in NFT SalesSolana emerges as a formidable threat to Ethereum’s throne as the network looks to outshine it from different angles.
Solana’s incredible performance this year has positioned the project as a formidable threat to Ethereum’s reign as the network turns heads with its on-chain and trading activity.
After successfully surpassing Ethereum in on-chain activity, Solana outshines its rival in another important metric, NFT sales.
Solana Outpaces Ethereum
Ethereum has ruled the NFT industry for years with its trading volume, projects, user adoption, and more. However, considering its persistent issues like network congestion and rising fees, its dominance is proving fleeting as competitors like Solana close the gap.
Following Solana’s historic run this year, registering over 800% in gains and marking record DEX volumes and network transactions, the network surpassed Ethereum in NFT sales on December 9 after hosting over $16 million.
Bitcoin and Ethereum trailed closely behind with $13.4 and $11.4 million in sales, respectively. Although Solana remained the second-largest NFT protocol at the time of writing, its trajectory signals a credible threat to Ethereum’s throne.
Solana’s success in the NFT sector aligns with investors and developers slowly warming up to the network and recognizing its potential. While the network is still miles behind Ethereum when considering historical data, Solana’s uprising could signal a massive shift in the industry’s market dynamics.
Why This Matters
Solana overtaking Ethereum signals a potential shift in industry dynamics. Ethereum has long been the dominant force in the NFT sector, boasting high volumes, adoption, and sales. However, Solana is slowly closing the gap and giving the network a run for its money.
Solana's correction!I've told you before that we'll see a correction in Solana price by hitting to the resistance level. Now you can see this correction. this correction can continue till the supporting levels. the first supporting level is 64$ and the another is 45$.
SOLUSDT Breakout Signals Strong Bullish Momentum.SOLUSDT shows upward movement post breakout and retracement, aiming for $80 target.
Alternatively a potential dip to the Fibonacci .5 level might occur, with the rebound anticipated from that point.
It is essential for traders to monitor the market closely and be prepared for both bullish and bearish scenarios.
SOLUSDT (4h Chart) Technical analysis
SOLUSDT (4h Chart) Currently trading at $61
Buy level: Above $60
Stop loss: Below $55
TP1: $64
TP2: $68
TP3: $70
TP4: $80
Max Leverage 5x
Always keep Stop loss
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Solana is going to be risky!Now Solana is arriving to the first goal that is 77$. If you have caught profit, you can save it now. you can buy it again, if it crosses 77$ resistance level well.
SOL - 4H bearish in the trading rangeSOL Coin Analysis: We're seeing signs of a potential drop to the bottom of the trading range for Solana coin, leading to a consolidation zone. The upward price action is less convincing than the downward movements, and Solana coin has shown resistance zone reactions. Additionally, the RSI divergence in the 4-hour timeframe further indicates a likely fall in SOL's price. Therefore, we expect a descent to at least the lower boundary of the trading range.
SOLUSDT triangle supportCRYPTOCAP:SOL approaching fibonacci support near triangle support, this is a good opportunity to enter bullish market.
we can set 3 different target, at triangle resistance, fibonacci projection and triangle projection
My trading today :
Buy now around 60.163
Pending buy at 58.390
close 50% position at 65.451
close 25% position at 71.000
close 25% position at 88.169
happy trading
Potential Breakout for Solana with Favorable IndicatorsI wanted to bring your attention to an exciting opportunity in the cryptocurrency market, specifically regarding Solana (SOL). Based on recent market analysis, it appears that SOL is poised for a potential breakout.
Several key indicators suggest a favorable outlook for SOL's price movement. Firstly, the Relative Strength Index (RSI) is currently in a neutral position, indicating that the cryptocurrency is not overbought or oversold. This suggests a balanced market sentiment and potential room for upward movement.
Additionally, the Commodity Channel Index (CCI) is in the upper band, further reinforcing the positive outlook for SOL. This indicates that SOL's price is trending higher than the average price over a given period, signaling potential bullish momentum.
Furthermore, the moving average combination displays a buy signal for SOL. This combination of moving averages is widely regarded as a reliable indicator for determining market trends. In this case, the moving average combination indicates a potential upward movement for SOL's price.
Considering these indicators, it is reasonable to conclude that SOL is presenting a compelling opportunity for investors. The combination of a neutral RSI, CCI in the upper band, and a buy signal from the moving average combo suggests a potential breakout shortly.
I wanted to share this information with you, as I believe it could be of interest to you and align with your investment strategy. However, I encourage you to conduct your research and consult with your financial advisor before making any investment decisions.
Should you have any questions or require further information, please do not hesitate to comment away. I am here to assist you.
#SOL/USDT 3 Days chart pointing for a correction.#SOL (On request): If I were you, I would wait for a correction to enter if not holding yet.
If you have it on spot, better hold it for the next 18 months or so.
The green box aligns with the .618 golden pocket, which will be the point where buyers are likely to show interest.
Not Financial advice, DYOR
Solana Local Top PossibilityWhen things get trending on high time frames I am a big fan of line break charts. This one here on Solana has not yet confirmed red but RSI is very sus. Setting very tight stops on longs now. Also debating on scaling out of long term swing bags. Not advise, good luck.
SOL - Solana BUY and SELL TargetsHi Traders, Investors and Speculators of Charts📈📉
As you know, we're trading in the opening moments of a new bullish cycle.
If you're trading Solana, this is the ONLY PLAN you need. In this analysis:
📢 Short Term Targets / highs and lows
📢 Near Term Targets / highs and lows
📢 Longer Term Targets / highs and lows
📢 Technical Indicator, short and near term
📢 Fractal / percentage increase to dump analysis
It's important to note that any cycle takes months to complete, sometimes even stretching over a year. Keeping this in mind helps you set realistic timeframe-goals for price targets.
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.
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CryptoCheck
Solana (SOL) Eyes Dangerous BreakthroughSolana (SOL) is eyeing a dangerous breakthrough since it fell below the $60 support zone on Nov. 20. At the time of writing, Solana is trading at a price of $58.21, up 2.36% in the past 24 hours. The core Solana metrics are bullish and suggest recapturing the $60 price level is imminent in the near term.
Since Solana was rejuvenated this year, its price has been on a meteoric rise that saw it push past the psychologically important threshold at $60 on Nov. 15. Bears did not allow Solana to form a support above this threshold, and as such, it lost its grip and retraced back to a low of $51.6 on Nov. 22.
The attempt to reclaim $60 has become a key hurdle that SOL bulls have been unable to work their way past in recent times. With the current outlook and resolve as showcased in the 6.64% jump in trading volume to $1,374,937,101, a consistent increase in the trading volume is a sign retail investors are flooding the market. Notably, their presence can help stabilize the price as SOL makes an attempt to reclaim its lost mandate.
Solana (SOL) Price Riding on History
While in the immediate term, the $60 price target may seem an ambitious level to breach, it is worth noting that Solana has traded at a level far higher than this in the past. Prior to the FTX collapse of 2022, Solana traded at an all-time high (ATH) of $260. This implies that the ultimate goal is to retest this ATH by first conquering as many immediate price levels as possible.
Solana is no longer tied to the pangs or negative impacts of the FTX implosion, and though the bankrupt exchange continues to sell off the coin in its liquidation spree, Solana has made a crucial anchor that naturally attracts other liquidity to it.
SOL trade setup through December.Here's my recent trade set up for SOL that will go through to Jan 1st 2024.
SOLANA Good Long SetupSolana shows good setup for a long entry. If SOL doesn't decide to chop till Monday, we could see something like this.
Solana (SOL) in a Bearish ScenarioSolana's price has exhibited a bearish 'head and shoulders' pattern over the last ten days in a 4-hour timeframe. This technical formation suggests a potential reversal from its previous bullish trend.
The crucial aspects of this pattern are:
Solana's price has exhibited a bearish 'head and shoulders' pattern over the last ten days in a 4-hour timeframe. This technical formation suggests a potential reversal from its previous bullish trend. The crucial aspects of this pattern are:
Neckline Position: The neckline of the pattern is at $51. A break below this level could lead to a downward movement towards a target price around the strong support zone near $40. Currently, Solana is trading at $54.
EMA 200 Influence: The 200-period Exponential Moving Average (EMA 200) is at $46. A fall below this average could confirm the bearish trend.
