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SOLUSD

Public trade #3 - #SOL price analysis ( Solana )The CRYPTOCAP:SOL price has already dropped into the medium-term Buy zone If you see prospects for #Solana and want to buy this coin for your investment portfolio, then the $155-190 buy zone is just for you The price of OKX:SOLUSDT shouldn't go any lower if the “planned” targets for further growth to $340, $650, and even $1100 remain relevant in MM. 📈 As for how to buy: either with limit orders at $190 and $155 or at an average price of $173, or with a “grid” in the specified range - it all depends on the amount of your deposit allocated to this asset and your trading strategy in general. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
4
BTC, TON, SOL - Heavy LONG!If you’re looking for a potential entry point, BTC, TON, and SOL are currently highlighting the same compelling pattern, making a strong case for a long position. Let’s analyze the technical and fundamental factors suggesting an upward reversal could be imminent for all three assets. Fundamentally Strong Assets Every trade begins with solid fundamentals, and BTC, TON, and SOL all exhibit strong intrinsic value. This makes them strong candidates for recovery after recent volatility. Aligning technical indicators with their fundamental strength increases the likelihood of success. Significant 3-Day Drop Each asset has experienced a sharp decline over the past three days, signaling potential overselling. Such rapid drops often push assets into undervalued territory, creating an opportunity for a significant bounce, especially when paired with key support levels. Triple-Tested Support All three assets have tested their support levels three times, solidifying these zones as strong foundations. Multiple tests without a breakdown often signal a potential reversal, as sellers struggle to push prices lower. Outside Bollinger Bands Currently, BTC, TON, and SOL are trading outside their lower Bollinger Bands, a classic indicator of oversold conditions. This suggests that bearish momentum is waning, with a likely return toward the center of the bands. Below All Major Moving Averages (MAs) Prices for all three assets are sitting below their 50 MA, 100 MA, and 200 MA. While this might initially appear bearish, it also indicates they are in extreme positions, primed for a rally when momentum shifts. MACD and RSI Signal a Reversal MACD and RSI for BTC, TON, and SOL are signaling bullish momentum: • MACD: Showing signs of convergence or a potential crossover, often a precursor to upward movement. • RSI: In oversold territory, indicating undervaluation and readiness for recovery. Too Many Bullish Factors to Ignore With these overlapping patterns, BTC, TON, and SOL present rare alignment across both technical and fundamental indicators. • Timeframe: Can be short-term or long-term, depending on your strategy. For TON, Solana you can also invest in its ecosystem and utilize DCA strategies for risk management. • Target: 100% potential gain. • Position Details: Entered with Binance x25 leverage, $30 margin, total size of $770. • Risk Level: Medium, provided you’re ready to apply DCA for better control over your position. This confluence of signals creates a high-conviction trade opportunity. Are you ready to take advantage of it? But be cautious! This is still just gambling :)
BINANCE:BTCUSDLong
by themr-im
SOLUSD: Rejection on the 1D MA50 turning to a buy opportunity.Solana turned bearish on its 1D technical outlook (RSI = 43.075, MACD = -3.090, ADX = 38.836) as it got heavily rejected yesterday on the 1D MA50. The price approached the 0 Fibonacci level which is the top of the bottom zone of the Channel Up. Technically as long as the 1D MA200 is intact, the pattern is intact and the trend remains bullish. Since the price is this close to the bottom, this 1D MA50 rejection has turned into the best buy opportunity for the short term. Once the 1D RSI dips a little lower, it will be identical to all prior RSI bottoms of the Channel Up. This is worth turning bullish right now, we are aiming for the 0.786 Fibonacci level (TP = 340.00). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:SOLUSDLong
by InvestingScope
SOL | Waiting on ETH for NEW ATHSolana has barely made a new ATH - basically topping out at nearly the exact same place as the previous ATH made in Nov 2021. As Ii said in yesterdays update on ETH, there is no way BTC makes such a dramatic new ATH and ETH (and Solana) stay behind. We can expect SOL and ETH to increase when BTC continues to trade range above 95k. This could be another multi-month playout, although ETH usually peaks rapidly at the end of the cycle, which is noteworthy from yesterday's analysis. ___________________ BINANCE:SOLUSDT COINBASE:BTCUSD
Long
by CryptoCheck-
Becoming a Meme Coin Millionaire in 2025 Guide ▪️Becoming a millionaire through trading Solana-based meme coins in 2025 is a high-risk and speculative endeavor that requires careful planning, research, and disciplined execution. Here's a guide to help you navigate this volatile but potentially lucrative market: 1. Understand the Meme Coin Market Meme coins are cryptocurrencies that derive value largely from community enthusiasm, social media trends, and memes rather than intrinsic utility. ▪️Key Characteristics: -High volatility and speculative value. -Often community-driven and influenced by social media hype. -Short-term opportunities with rapid price fluctuations. -Popular Solana-Based Meme Coins: Keep track of emerging and trending meme coins in the Solana ecosystem. Join Solana communities on platforms like Twitter, Reddit, and Discord to stay updated. 2. Start with Research Thorough research is critical before investing in any meme coin. ▪️Analyze the Project: -Tokenomics: Look at the coin's supply, distribution, and burn mechanisms. -Community Strength: Check the activity and size of the project's community. -Development Team: Identify whether the project has a credible team or is purely community-driven. Market Trends: Track Solana ecosystem developments and meme coin trends. Use tools like CoinMarketCap and CoinGecko to monitor meme coin performance. 3. Develop a Strategy A clear strategy can protect you from emotional decision-making. ▪️Set Financial Goals: -Decide how much you want to invest and your profit targets. -Be prepared to lose the amount you invest, as meme coins are highly speculative. Risk Management: -Diversify your investments across multiple meme coins and other crypto assets. -Allocate only a small percentage of your portfolio to meme coins. Exit Strategy: Decide in advance when to sell—whether at a specific profit percentage or when a coin reaches a particular price. 4. Master Timing Timing is critical in meme coin trading due to their speculative nature. ▪️Watch for Early Opportunities: -Participate in pre-sales or initial DEX offerings (IDOs) for meme coins in the Solana ecosystem. -Use platforms like Solana's Raydium or Serum for early access to new coins. Leverage Social Media Trends: -Monitor social media platforms and influencers who often drive meme coin popularity. -Stay alert for trending hashtags, memes, or community events. Take Advantage of Volatility: Be ready to buy low during market dips and sell high during hype cycles. 5. Use the Right Tools Tools and resources can help you stay informed and make better trading decisions. ▪️Trading Platforms: -Use decentralized exchanges (DEXs) like Raydium or Orca for Solana-based tokens. -Use Solscan or other Solana block explorers to verify transactions. Analytics Tools: Track price movements with crypto analytics platforms. Use bots or automated trading tools to take advantage of rapid price changes. 6. Stay Disciplined Discipline is crucial to survive the meme coin market. Avoid FOMO: Fear of missing out (FOMO) often leads to poor decisions. Stick to your strategy. Resist Emotional Trading: Avoid panic selling during dips or overbuying during hype peaks. Reassess Regularly: Periodically evaluate your portfolio and adjust based on performance and market conditions. 7. Be Aware of Risks The meme coin market is highly speculative, and there are significant risks. ▪️Scams and Rug Pulls: -Beware of projects with anonymous teams or no clear use case. -Verify contracts and audit reports, if available. Market Volatility: -Prices can plummet as quickly as they rise. -Only invest what you can afford to lose. Regulatory Risks: Monitor potential regulations that could affect meme coins or the broader crypto market. 8. Cultivate Long-Term Wealth Building While meme coins might offer quick gains, consider diversifying into more stable assets to build long-term wealth. ▪️Invest in Solana Ecosystem Projects: Solana-based DeFi, NFTs, and other utility-driven projects could provide steadier returns. Stake SOL or Meme Coins: Earn passive income through staking or liquidity provision. Reinvest Profits Wisely: Use meme coin profits to invest in more stable crypto assets or traditional investments. ▪️Conclusion Becoming a Solana meme coin millionaire in 2025 requires research, timing, and a strong risk management strategy. While meme coins offer exciting opportunities, they are highly speculative and risky. Balance your enthusiasm with caution, and focus on building a sustainable approach to crypto trading.
BINANCE:SOLUSDEducation
by ProjectSyndicate
29
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’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
SOL/USD "Solana vs USD" Crypto Market Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟 Dear Money Makers & Robbers, 🤑 💰 Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the SOL/USD "Solana vs USD" Crypto market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. Be wealthy and safe trade.💪🏆🎉 Entry 📈 : You can enter a Bull trade at anypoint, however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest. Stop Loss 🛑: Using the 4H period, the recent / nearest low or high level. Goal 🎯: 250.00 Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release. Fundamental Outlook 📰🗞️ Based on the fundamental analysis, I would conclude that the SOL/USD (Solana/US Dollar) pair is: Bullish Reasons: Growing adoption and usage: Solana's blockchain platform is gaining traction, with an increasing number of projects and applications being built on top of it. Technological advancements: Solana's technology is continuously improving, with recent updates and upgrades enhancing the network's scalability, security, and usability. Partnerships and collaborations: Solana has formed partnerships with several prominent companies and organizations, including Serum, Raydium, and Audius, which is expected to drive adoption and growth. Increasing developer activity: The number of developers building on Solana is increasing, with a growing number of GitHub repositories and commits, indicating a strong and active developer community. Improving fundamentals: Solana's fundamentals, such as its transaction volume, active addresses, and network hash rate, are improving, indicating a growing and healthy network. However, it's essential to consider the following risks: Market volatility: The cryptocurrency market is known for its volatility, and SOL/USD is no exception. Price fluctuations can be significant and unpredictable. Competition from other blockchain platforms: Solana faces competition from other blockchain platforms, such as Ethereum and Binance Smart Chain, which could potentially impact its adoption and growth. Regulatory uncertainty: The regulatory environment for cryptocurrencies is still uncertain and evolving, which could impact Solana's growth and adoption. Bullish Scenario: Growing adoption and usage, technological advancements, and partnerships drive up demand and price Increasing developer activity and improving fundamentals support the bullish case Key Fundamental Indicators: Solana's transaction volume: 100,000 transactions per day Solana's active addresses: 10,000 active addresses Solana's network hash rate: 100 GH/s Solana's GitHub repositories: 100 repositories Solana's GitHub commits: 1,000 commits Market Sentiment: Bullish sentiment: 80% Bearish sentiment: 20% Neutral sentiment: 0% Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions. Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan. Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly. 💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🫂
BINANCE:SOLUSDLong
by Thief_Trader
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
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
Get Ready for Solana’s Boost: More Gain Coming SoonHello and greetings to all the crypto enthusiasts, ✌ In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for Solana , 📚🎇 Solana has outperformed Ethereum in key performance metrics recently, thanks to its skilled development team and strategic updates that continue to solidify its leadership in blockchain innovation. With a strong foundation in place, a price target of $265—offering a 29% potential gain—seems very realistic. Technical analysis also supports this optimistic outlook, suggesting the upward trend will likely continue. 🧨 Our team's main opinion is: 🧨 Solana has outperformed Ethereum recently, with a strong foundation and strategic updates, making a $265 price target and 29% potential gain very achievable. Give me some energy !! ✨We invest countless hours researching opportunities and crafting valuable ideas. Your support means the world to us! If you have any questions, feel free to drop them in the comment box. Cheers, Mad Whale. 🐋
Long
by MadWhale
3
Solana Nears $220, ETF Approval Hopes Spark Optimism Solana (SOL), a prominent player in the blockchain arena, has been exhibiting a strong upward trajectory, nearing the $220 price mark. This surge in value is fueled by a renewed sense of optimism sweeping through the cryptocurrency market, largely driven by growing anticipation surrounding the potential approval of a spot Bitcoin Exchange Traded Fund (ETF) in the United States. While not directly related to Solana's technology, the potential approval of a Bitcoin ETF has a ripple effect across the entire crypto ecosystem, bolstering investor confidence and driving capital into the market. This article explores the factors contributing to Solana’s recent performance and the broader implications of the ETF narrative. The ETF Effect: A Catalyst for Crypto The prospect of a spot Bitcoin ETF has been a long-awaited development in the crypto space. Unlike futures-based ETFs, a spot Bitcoin ETF would directly hold Bitcoin, providing investors with a more direct and regulated way to gain exposure to the cryptocurrency. This distinction is crucial, as it opens the door for institutional investors and traditional finance players who have been hesitant to engage with the crypto market due to regulatory uncertainties and the complexities of direct ownership. The potential approval of a spot Bitcoin ETF is perceived as a significant step towards mainstream adoption of cryptocurrencies. It would provide a regulated and accessible investment vehicle, potentially attracting a massive influx of capital from traditional markets. This influx is expected to have a positive impact on the entire crypto market, including altcoins like Solana. The anticipation of this event is currently acting as a catalyst, driving positive sentiment and contributing to the recent price surge observed across various cryptocurrencies. Solana's Resurgence: Beyond the ETF Hype While the ETF narrative plays a significant role in the current market sentiment, Solana’s own developments and ecosystem growth are also contributing to its positive performance. Solana has positioned itself as a high-performance blockchain, known for its fast transaction speeds and low fees. These features have attracted a growing number of developers and projects to its platform, leading to a vibrant ecosystem of decentralized applications (dApps) and non-fungible tokens (NFTs). The Solana ecosystem has seen consistent growth in various sectors, including decentralized finance (DeFi), gaming, and NFTs. New projects are constantly launching on the Solana blockchain, contributing to its overall network activity and attracting new users. This organic growth within the Solana ecosystem further strengthens its value proposition and attracts investor interest. Furthermore, the Solana network has been actively addressing past challenges related to network stability and outages. These efforts to improve the network’s reliability have instilled greater confidence in the platform’s long-term viability. Addressing these issues has been crucial in regaining trust within the community and attracting new investors. Technical Analysis and Market Dynamics From a technical analysis perspective, Solana’s recent price action has been encouraging. The cryptocurrency has broken through key resistance levels, indicating strong buying pressure. This positive price movement, coupled with increasing trading volume, suggests a growing interest in Solana from both retail and institutional investors. The overall market dynamics are also playing a role in Solana’s performance. The cryptocurrency market is known for its interconnectedness, with Bitcoin often acting as a leading indicator. When Bitcoin experiences positive price movement, it tends to have a ripple effect on the rest of the market, including altcoins like Solana. The current positive momentum in the broader market is thus contributing to Solana’s upward trajectory. Challenges and Future Outlook Despite the current optimism, it’s important to acknowledge potential challenges that Solana may face. The cryptocurrency market remains highly volatile, and sudden price swings are always a possibility. Regulatory developments, technological advancements in competing blockchains, and shifts in market sentiment can all impact Solana’s future performance. However, the long-term outlook for Solana remains positive. The platform’s strong technological foundation, growing ecosystem, and increasing adoption suggest that it has the potential to become a major player in the blockchain space. The potential approval of a spot Bitcoin ETF could further accelerate this growth by bringing more institutional capital into the market and increasing mainstream awareness of cryptocurrencies. Conclusion Solana’s recent surge towards the $220 mark is driven by a combination of factors, including the broader market optimism fueled by ETF hopes and the platform’s own ecosystem growth. While the ETF narrative provides a significant boost to the entire crypto market, Solana’s technological advancements and expanding ecosystem are also playing a crucial role in its positive performance. While challenges remain, the future looks promising for Solana as it continues to develop and attract new users and projects to its platform. The potential approval of a spot Bitcoin ETF could be a game-changer for the entire crypto industry, and Solana is well-positioned to benefit from this potential shift in the market landscape.
COINBASE:SOLUSD
by bryandowningqln
Scalp in 4hKey Points: Price Trend: SOL is currently in a downward trend but nearing a support zone, hinting at possible reversal or further decline based on breakout direction. Strategy : Patience is key; traders should wait for clear breakout signals before entering trades, with attention to Fibonacci levels for setting targets or stops. Risk Management : Important in volatile markets like crypto; setting stop-losses near key Fibonacci levels or recent lows/highs is advised.
Long
by ehsancrypto72
Solana $SOLUSD Trend line Break Out Solana COINBASE:SOLUSD Trend line Break Out ### Trend Line Breakout: A Technical Analysis Description A **trend line breakout** is a key concept in technical analysis used by traders and investors to identify potential shifts in market trends and price momentum. Here's an in-depth explanation: #### 1. **Understanding Trend Lines** - **Definition**: A trend line is a straight line drawn on a price chart that connects at least two significant price points, acting as a support in an uptrend or resistance in a downtrend. - **Purpose**: Trend lines help to visualize the direction of the market (uptrend, downtrend, or sideways movement) and provide a framework for understanding price behavior. #### 2. **What is a Breakout?** - A **breakout** occurs when the price moves decisively above a resistance trend line (in a downtrend) or below a support trend line (in an uptrend). - The breakout signifies a potential change in the prevailing trend, which could lead to the beginning of a new trend or an acceleration of the existing trend. #### 3. **Types of Breakouts** - **Bullish Breakout**: When the price breaks above a resistance trend line, indicating a potential upward move. - **Bearish Breakout**: When the price breaks below a support trend line, signaling a possible downward move. #### 4. **Key Characteristics of a Trend Line Breakout** - **Volume Confirmation**: Breakouts accompanied by high trading volume are considered more reliable as they reflect stronger market participation. - **Retest of Trend Line**: After a breakout, the price often retests the trend line before continuing in the direction of the breakout. - **Magnitude of Move**: The strength of the breakout can indicate the potential magnitude of the subsequent price move. #### 5. **How to Use Trend Line Breakouts** - **Entry Points**: Traders often enter positions in the direction of the breakout, buying during bullish breakouts or selling short during bearish breakouts. - **Stop-Loss Placement**: Stops are typically placed just below the breakout level (for bullish breakouts) or above (for bearish breakouts) to manage risk. - **Target Price**: Measured moves or projections based on prior price patterns or Fibonacci extensions can guide profit-taking. #### 6. **Common Pitfalls** - **False Breakouts**: Sometimes, the price moves briefly beyond the trend line but fails to sustain momentum. These are referred to as false breakouts and can trap traders. - **Over-reliance on Trend Lines**: Trend lines are just one of many tools; confirmation from other technical indicators (e.g., RSI, MACD) enhances reliability. #### 7. **Examples and Real-World Applications** - **Uptrend Breakout**: In an uptrend, a breakout above a consolidating resistance trend line may signal the continuation of the bullish momentum. - **Downtrend Breakout**: In a downtrend, breaking below a support trend line can indicate further bearish pressure. Trend line breakouts are integral to many trading strategies. By understanding their mechanics and combining them with other analytical tools, traders can effectively capitalize on market opportunities while managing risks.
COINBASE:SOLUSDLong
by AlgoTradeAlert
SOLUSD charging for the 1D MA50. New rally started.Solana (SOLUSD) made a new 10-day High as it is rising aggressively today towards the 1D MA50 (blue trend-line), which is the first level of Resistance. We expect this rally to be the start of the new Bullish Leg of the 5-month Channel Up for three reasons. Firstly, last week's Low was exactly on Support Zone 2, which is the pivot level of the October 29 High. We've had the same bounce on Support Zone 1 when the previous Bullish Leg of the Channel Up started on September 06 2024. Secondly, the December Low almost tested the 1D MA200 (orange trend-line) before rebounding, which is the long-term Support. This is now exactly on the bottom of the Channel Up. Thirdly, the December 22 Low also made the 1D RSI rebound on the oversold barrier (30.00). As you can see, every time the RSI touched this oversold level since April 13 2024, it was a strong buy signal to at least the 0.786 Fibonacci retracement level. As a result, our short-term Target 1 is $242.00 (the 0.786 Fib). Beyond that, if the price breaks above Resistance 1 (265.00), we will buy the bullish break-out and target the top (Higher Highs trend-line) of the Channel Up at $380 (Target 2). As you can see, that would be a +119% rise from the December Low, similar to the % rise of the first Bullish Leg. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:SOLUSDLong
by TradingShot
1
UpdaSolana Ute on Solana - Breakout Has Happened! Where To Next?👀 👉 As highlighted in yesterday's video, we can now observe that Solana has broken structure to the upside on the 4-hour timeframe. This move is unfolding as anticipated, and I’m currently watching for a retracement into the 50-61.8% Fibonacci zone for a potential buy setup. Any buy decision will depend on price action aligning with the analysis discussed in the video. Please note, this is not financial advice. 📉✅
Long
by fxtraderanthony
SOLUSDT on Fire: $200 Resistance Broken, Next Stop $300?BINANCE:SOLUSDT has shown remarkable strength, bouncing sharply from its major support level at $175. After a period of consolidation below the $200 resistance, it successfully broke out, signaling a strong bullish trend. This breakout paves the way for further upside, with the next major target set at $300, potentially reaching a new all-time high. Always manage your risk carefully by setting a stop loss below $175 to protect your capital. As momentum builds, BINANCE:SOLUSDT could deliver significant gains, but caution and proper risk management are crucial. BINANCE:SOLUSDT Currently trading at $205 Buy level : Above $200 Target : $300 Stop loss : $175 Max leverage 3x Always keep Stop loss Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Long
by GreenCryptoTrades
SOL 4H Chart Insights: Solana on the Verge of a Move!👀👉 On the 4-hour chart, Solana appears to be trading within a defined range for now, offering no immediate trade opportunities. However, a closer analysis reveals that a market structure breakout in either direction is imminent. When this occurs, it could present a promising opportunity to profit from the breakout. I’m monitoring this setup closely and will provide updates in future videos as we move into 2025. Please note, this content is for educational purposes only and should not be interpreted as financial advice. 📉✅
by fxtraderanthony
The Best Level to BUY/HOLD MYRO 600% gains🔸Hello guys, today let's review daily price chart for MYRO. Noteworthy compression in progress right now, bullish 3 drives pattern pending completion in January 2025. 🔸Three drives defined by subsequent lows at 12 cents, 6 cents, final low incoming at 3 cents, get ready to BUY LOW for massive gains in the next 4-8 weeks. 🔸Recommended strategy bulls: bullish structure and compression in progress. Accumulate near 3-4 cents, TP bulls is +600% gains, final exit at 24/25 cents. good luck traders! 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
CRYPTO:MYROUSDLong
by ProjectSyndicate
13