SOLUSDT range market with potential for huge gain Hello and greetings to all the crypto enthusiasts, ✌
SOLUSDT is one of the most promising assets in the crypto market and my favorite stock. I previously shared its upward charts with you, and in this analysis, we will have a brief overview of its future behaviors. 📚
As is clearly evident, the price is in a parallel channel, forming close highs and lows, indicating that the market for this asset is ranging. The most important resistances and supports are marked on the chart. 💡✌
For further upward movement, the price needs to break its main resistances. During this process, we may witness ranging candles or even some downward candles, but our overall outlook is bullish. ✔🙌📚
Our team’s perspective on this asset is that it has the potential for significant upward movement following the ranging phases. 🙌
Thank you for your attention. If you have any questions or comments, I’m here to respond to you. 🐋
SOLUSD
#SOL/USDT
#SOL
The price is moving in an ascending channel on the 1-hour frame and is sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 169
We have an upward trend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 176
First target 185
Second target 191
Third target 198
BTC and SOL Form Bullish Cup and Handle PatternBINANCE:BTCUSDT and BINANCE:SOLUSDT technical analysis update.
BTC and SOL are showing similar chart patterns, each forming a cup and handle. Currently, both SOL and BTC prices are trading within the handle, moving toward a potential breakout. If this breakout occurs, we could see a strong bullish move in both assets.
SOL has already risen 2600% from its bottom, and a breakout could potentially lead to a further 200-500% increase. BTC, on the other hand, has gained 360% from its bottom, and a breakout from this cup and handle pattern could yield an additional 100-200% upside.
ATCryptoScan: SOLUSD, Solana, the sunshineWeekly SOLUSD chart shows an indicative picture perfect Bullish burst.
1. MACD and VolDiv crossover on the bullish territories. The last time this might have happened would be about July 2021 (VolDiv had not enough data to be plotted atat that time);
2. a large consolidation since early 2024 appears to be breaking out and a potential break on the long term trendline is indicative with favourable technical indication; and
3. Fibonacci retracement saw a 61.8% pullback for the base which never broke down and during this time, VolDiv was trending up
So heads up... SOLUSD has a projected target price of about 336 around mid-2025.
SOLANA (SOLUSDT): Bullish Momentum Achieves All Targets!SOLANA (SOLUSDT) Analysis: Bullish Momentum Achieves All Targets!
Time Frame: 15-minute
Trade Type: Long
Entry: $168.54
Stop Loss (SL): $167.82
Targets (TP):
TP1: $169.43 - Achieved ✔️
TP2: $170.86 - Achieved ✔️
TP3: $172.30 - Achieved ✔️
TP4: $173.19 - Achieved ✔️
Technical Overview:
Solana (SOLUSDT) displayed a strong bullish trend, successfully hitting all projected targets in the 15-minute timeframe. The price maintained an upward trajectory supported by the Risological dotted trend line (a custom trend indicator) reflecting solid market support and increasing momentum.
Key Stats:
Volume: 2.91M (compared to an average 30-day volume of 14.55M)
Performance:
1 Week: +9.02%
1 Month: +11.98%
3 Months: -5.79% (slight retracement)
6 Months: +26.41%
Year-to-Date (YTD): +71.06%
1 Year: +448.54% (significant yearly growth)
The successful completion of all targets showcases strong buying interest and consistent volume support. With a sharp yearly growth rate, Solana’s current performance aligns well with its historical bullish trajectory. Traders who entered at the set entry point reaped the benefits as SOL maintained its bullish momentum.
SOLUSDT Cup and Handle Pattern Suggests Potential Bullish MoveSOLUSDT Technical analsysi uopdate
SOLUSDT has formed a cup and handle pattern on the weekly chart over the past 1080 days, which is a bullish signal. The price is currently forming the handle, and once it breaks above the handle's resistance, we can expect a strong upward move, signaling the continuation of the long-term uptrend.
Regards
Hexa
SOL will soon be bearishWave F of our diametric was an ABC, wave C of this diametric is ending.
In the red zone, the correction can end and the price enters the G wave.
We are looking for sell/short positions in the red range.
With Solana drop, the currencies that are on Solana network also seem to drop (MEW, MYRO, WIF, etc.).
Closing a daily candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Support Zone: 168.46-171.63
Hello, traders.
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Have a nice day today.
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(SOLUSDT.P 1M chart)
The important zones are three zones.
- 171.63
- 137.04-147.56
- 101.78
Therefore, you can trade depending on whether there is support near 171.63.
-
(1W chart)
The location of the BW (100) indicator is 202.68.
Therefore, the point to watch is whether it can rise from around 171.63 and rise above 202.68.
If not, since the HA-High indicator on the 1W chart is formed at the 168.46 point, we need to check for support around 168.46-171.63.
If it falls below 168.46, we need to check for support around 137.04-147.56.
-
(1D chart)
The HA-High indicator on the 1D chart is formed at the 179.77 point.
Therefore, the key is whether it can support around 179.77.
Currently, the StochRSI and StochRSI EMA indicators are in the overbought zone and the BW indicator is at the highest point (100).
Therefore, although it is showing strong upward strength, it will show a downward trend as the downward pressure increases over time.
At this time, the point to watch is whether it can receive support around 168.46-171.63.
If it receives support, I think it is highly likely that it will lead to an upward trend to rise above the 202.68 point as I mentioned earlier.
If not, and it falls, we should check whether there is support around 158.39, where the M-Signal indicator on the 1D chart is passing.
-
The arrow was created because the BW indicator touched the 100 point.
Since it has been maintaining the 100 point since then, the BW (100) line is not created.
If the price shows a downward trend, it will show a trend of creating the BW (100) line.
Therefore, it is recommended to proceed with trading according to the movement after the BW (100) line is created.
Therefore, it can be seen that the possibility of the BW (100) line being created at the 179.77 point is increasing.
Therefore, it is necessary to check whether it is possible to enter a short-term SHORT position.
-
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
It is expected that a full-scale uptrend will begin after rising above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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Solana's Surging Dominance: A New Flippening in the Making?
Solana's meteoric rise has caught the attention of the cryptocurrency world, with its price reaching a new all-time high against Ethereum. This surge, driven in part by the memecoin frenzy, has sparked speculation about a potential "flippening" – a scenario where Solana's market capitalization surpasses that of Ethereum.
Since 2023, Solana has experienced a remarkable 600% increase in value relative to Ethereum. This impressive performance can be attributed to several factors, including:
• Memecoin Mania: The popularity of memecoins like BONK and BONK Inu has significantly boosted Solana's ecosystem. These tokens have attracted a large following, driving up demand for the Solana blockchain.
• Scalability and Speed: Solana's ability to process a high number of transactions per second (TPS) has made it a popular choice for developers and users seeking faster and more efficient blockchain solutions.
• Growing Ecosystem: Solana has witnessed a rapid expansion of its ecosystem, with numerous decentralized applications (dApps) and projects being built on the platform. This growth has increased the demand for Solana tokens.
• Institutional Interest: Solana has gained traction among institutional investors, who are increasingly attracted to its potential as a scalable and high-performance blockchain.
While Solana's recent performance is undeniably impressive, it's important to consider the challenges it faces in its quest to overtake Ethereum. Ethereum, despite its current dominance, is undergoing significant upgrades, such as the transition to proof-of-stake (PoS) and the implementation of layer-2 scaling solutions. These developments could potentially enhance Ethereum's efficiency and scalability, making it a more competitive alternative.
Moreover, Ethereum's established network effects and strong developer community give it a significant advantage. Ethereum has been the dominant platform for smart contracts and decentralized finance (DeFi) applications for several years, and it has a vast network of developers and users. Overcoming this established ecosystem will be a formidable challenge for Solana.
Despite these challenges, Solana's recent surge suggests that it is a serious contender in the race for blockchain dominance. The platform's strong performance and growing ecosystem have positioned it as a potential disruptor in the cryptocurrency market. Whether Solana can ultimately achieve a "flippening" remains to be seen, but its continued success is a testament to the innovative and competitive nature of the blockchain industry.
In conclusion, Solana's price surge against Ethereum marks a significant milestone for the platform. While the road ahead may be challenging, Solana's potential for growth and innovation is undeniable. As the cryptocurrency market continues to evolve, it will be fascinating to observe the ongoing competition between Solana and Ethereum, and to see which platform ultimately emerges as the dominant force in the blockchain space.
Solana Full Analysis Everything You Need to Know Afternoon Traders
So I break down Solana for you today as its shaping up our first tp is 189 that we are heading to however if we break past that 195 is a great next tp to get to.
In this video I go through the levels and why behind it to make sure you understand what levels to look out for when trading.
If you found this video helpful let me know with a comment, follow or boost. I appreciate it
Mindbloome Trading/ Kris
Trade What You See
SOL/USD "SOLANA" Market Money Heist Plan on Bullish Side.Ola! Ola! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist SOL/USD "SOLANA" Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss 🛑 : Recent Swing Low using 2h timeframe
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Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
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SOLUSD: Bullish Pennant Pattern on 1-Hour ChartSOLUSDT Technical analysis update
SOLUSDT is forming a bullish pennant pattern on the 1-hour chart, with the price now moving toward the breakout. Once the breakout occurs, we can expect a bullish continuation in SOL
Pennant formed inside the flag pattern, we posted flag pattern analysis in the previous idea.
SOLUSDT - the real indicator of bear market!I think everyone should take this chart as a basic reference for trading
Why is sol considered a real indicator of the market situation?
sol is one of the biggest coins in terms of market cap ( 5th in ranked with 78.2B in marketcap)
As you can see on the chart in front of you, sol rose more than 600% last October when it broke the 300 day of accumulation and it was a strong entry signal for all other currencies
Now on the weekly chart we see that sol is forming a wyckoff distribution pattern. I uploaded a picture to verify this for yourself. check it and you will find it matches what is happening on the chart
You will find the 0.786 level is the bottom, which if it is broken weekly, it is a clear and explicit signal to get out of all your money from the market and make it 100% cash
according to this data i see that will happen within 2 months
Best regards Ceciliones🎯
Solana Update: Holding $162 or Dropping to $147? Here’s the breakdown, fam – if SOL holds $162, we could see a move up to the $178-$184 take-profit zone. But if $162 doesn’t hold, expect a dip to $147 before trying for that same target again.
If $147 breaks, we could be in for a deeper bearish move. Stay sharp, manage your levels, and let’s see how it plays out!
Like, comment, or follow if you want more updates like this!
Mindbloome Trading
Trade What You See
#SOL/USDT#SOL
The price has broken the descending channel on the 1-day frame upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have an upward trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 135
Entry price 143
First target 149
Second target 155
Third target 161
SOL Looks Bullish (4H)From where we placed the red arrow on the chart, it seems that the price has entered the correction phase.
This phase seems to be a diametric, which we are now in the middle of the F wave.
From the green range, we expect SOLANA to move towards the TPs indicated on the chart.
The targets are marked on the chart.
Closing a daily candle below the invalidation level will violate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Solana SOLUSD makes official breakout from 3 month trading range
SOLUSD in the Crypto space, in terms of daily volume it is rather shallowly traded in comparison to other big-Cap Cryptocurrency's, but its rumoured to be a front-runner during the Crypto breakout, which I believe has commenced (I better pinch myself so I don't forget). Up over 4% today Monday at time of writing during Asian session.
Solana Bullish Setup Alert! Next targets are $180 and $208 🔥 Solana Bullish Setup Alert! 🔥
SOL/USD finding strong support at $159. Next targets are $180 and $208 📊. RSI momentum is climbing, and the bulls are back in control. Could we see a breakout soon? 🚀 #SOL #Solana #Crypto #Trading #Altcoins #SOLUSDT #CryptoAnalysis
SOLUSDT Long Setup Setting / It's Risky but we are traders ...BINANCE:SOLUSDT
COINBASE:SOLUSD
📈Which side you pick?
Bull or Bear
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
(If there is just one SL on the chart, I suggest, low risk status)
👾Note: The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
142.20
148.44
157.38
🔴SL:
126.23
b]🧐The Alternate scenario:
If the price stabilize against the direction of the position, below or above the trigger zone, the setup will be canceled.
SOLUSD_1Dhello
Solana digital currency analysis The formation of a top floor pattern that can be bought from this area, which is the main support of 145, and the short-term target is 161.50, and with the breaking of this number, we will enter a new rising wave that can move towards 218, which is Growth can be 35%.
SOLANA SOLUSD Breaks-Out & Leads Cryptocurrency
It was not so long ago that Solana was priced below it's 200EMA on the daily chart.
This changed at the weekend when SOLUSD bullishly exited a Triangle pattern and during Monday Asian session has broken out and up over 4%.
Bitcoin in up about 2% in the Asian Monday session