#SOL #SOLANA Technical Analysis & Trade IdeaSOL/USD has encountered a significant resistance level on the 1D timeframe. #SOLANA current overextended state after a sustained bullish run suggests a potential retracement as we can see currently in progress.
Trade Strategy: Target a possible buy entry near the 61.8% Fibonacci retracement level on the daily (1D) timeframe. Await confirmation of this setup through a daily timeframe #SOL price swing that aligns with the Fibonacci level. Place a stop-loss order below the previous swing low, adhering to a minimum risk-reward ratio of 1:2.
Disclaimer: This analysis serves as an informational resource and does not constitute financial advice. Conduct your own diligent research and thorough risk assessment before executing any trades.
SOLUSD
The Solana SOLUSD Road Towards the Megabull - Up to 2,000% GainsHi everyone!
I have more ALTS charts about to get published in the next few weeks, so hit up that Like and Follow buttons to receive the latest notifications!
Now lets dive in the technicals of Solana:
Short-term and Mid-term, Solana is exhibiting relative bullish strength as it is completing two bottoming bull reversal patterns which if you have been following my analysis for the past 10 years on Tradingview and old or recent publication, is very common in Crypto and Altcoins to do:
(1) Adam & Eve at $14-8
(2) Rounding bottom.
Solana has still not broken the previous ATH at $275 so buying know at $109 is still considered an early entry and you could still make a whopping 2,000% in gains if this trade plays out as expected and we top at/near $2,000 by October 2025 through December 2025.
In the incoming days / weeks, I am expecting to see a strong rally (a bit similar to the blue fractal which represents the Gold cycles in the past 10 years~ for reference) towards the previous ATH resistance block at $275. I believe that thanks to the Bitcoin ETF recent approvals by the SEC, Crypto is now mainstream and that we should see enough momentum to break up higher and hit $400-350 as a fake out before we pull back down and consolidate between that resistance and the support block at $150-100~ for the rest of the 2024 year.
Looking further ahead at the next bear market of 2026-2027, we can expect the final bottom to shape a nice rounding bottom bull reversal and double bottom buying opportunity at $150-100!
Best of luck and happy trading!
Carl M.
Solana - I hope it doesn't play out like thisI'm really hoping it doesn't play out this way, I would much prefer the accumulation and the bullish scenario, I think we all would. The thing that concerns me though is that the measured move from the high we just put in perfectly lines up with the bullish weekly OB and the monthly FVG, so stay on guard here and be careful
I Cannot Short This !!! Hi every one
➡️SOL has done a Impressive Movement recently but the odds of another bullish Movement is Pretty high because the pattern which SOL is in, Is a Bullish flag Pattern ! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens, we Can Expect a Bullish Movement as much as the Measured Price movement ( Flag pole ) to happen!
🟡 Summery:
- SOL has been Bullish Recently!
- The odds of another Bullish Movement is High!
- Bullish flag is Visible on The chart!
- No break out yet!
- Bullish Divergence
🤑 Stay awesome my friends.
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✅ 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!!
From 9.19% to 183.8%, So this is nice and beautiful, BREAKEVENSOLANA, The market Diamond.
Set SL on Entry level, Sell 50% of your position on first liquidity level (TP1). RISK FREE!
Hit TP1 and this is profits:
Spot and 1X Futures: +9.19%
2X: +18.38%
3X: +27.57%
4X: +36.76%
5X: +45.95%
10X: +91.9%
20X: +183.8%
Guys, you can add TP4 for your setup, and you can have 3 scenario:
1. RISK FREE!, move SL on Entry level and sell 50% of your position on TP1, and set Top TP on TP3.
2. RISK FREE!, move SL on Entry level and sell 50% of your position on TP1, and sell 40% of your position on TP3, and set Top TP on TP4.
3. RISK FREE!, move SL on Entry level and sell 50% of your position on TP1, and sell 20% of your position on TP3, and sell 10% of your position on TP4, and GO UP! MORE PROFIT! (I'll tell you another TPs in this scenario). (Long Term)
Which scenario do you choose?
This is SRM method \(^*^)/
STEP bullish accumulation + complex pullbackSTEP has some of the most bullish fundamentals in the solana ecosystem. chart shows perfect pump out of post-FTX accumulation zone and now giving its first pullback in early stages of the bull market. perfect long entry on the complex pullback/abcd pattern
SOLANA: Road to 105Road to 105 has been intiated for Solana. There is a big confluence of SMAs around 94-97 and all of them should be looked carefully to see if they act as support. Currently, we can see that price came really close to the 100 SMA before rebounding. I would have preferred to see a clean retest but it is what it is. I lean towards a rally to 105 once 100 is cleared.
SOL-USDT / 4H / TECHNICAL ANALYSIS BINANCE:SOLUSDT Resistance at 106.92, support at 79.16. Identified a Bullish Harmonic pattern on the chart. Established entry and stop levels.
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
Solana Bullish Scenario EW & Wyckoff AccumulationI think this is the best case scenario for Solana right now on a larger time frame. It's worth noting that I'm not totally confident that it's going to play out this way, however it's worth noting these levels anyway because they will be significant eventually regardless
Check out my other posts for all of the potential scenarios I could see playing out
SOL BUY Setup SMC or SRMHey guys,
In this position we'll BUY SOLUSDT on 93.88$, TPs is liquidity levels that shown with $$$, and $$$$. My good TPs are 105.80$, and 106.49$ with R/R above 11 and 12 :)
SL that shown on chart.
Follow me and be update and relax.
One Setup for All of your Life \(^*^)/
just for laugh! Please be careful and rely on your investment money management plan.
My suggestion is 2-5% of your balance.