Support and resistance zone: 202.68-211.77
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(SOLUSDT.P 1D chart)
Since it is a coin that has renewed its ATH, it may be natural for it to fall.
The key is whether it can receive support near the current support and resistance zone of 202.68-211.77.
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This applies to coins where the gap between the HA-Low and HA-High indicators is unusually narrow.
Therefore, if it is supported and rises within the box range of the HA-Low indicator (173.33-218.71), it is expected to rise above the Fibonacci ratio point of 1.618 (297.94).
Otherwise, if it falls, it is expected to re-determine the trend by touching the M-Signal indicator on the 1M chart.
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(SOLUSDT 1D chart)
I think it is also good to hold SOL coins as a long-term investment.
However, I think it is wise to increase the number of coins (tokens) held by increasing the number of coins (tokens) corresponding to profits, if possible, for all altcoins.
The reason is that the volatility is quite large.
I think the only way to stabilize your psychological state in this volatility is to increase the number of coins (tokens) corresponding to profits.
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Thank you for reading to the end. I hope you have a successful transaction.
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- Big picture
I used TradingView's INDEX chart to check the entire range of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been in an upward trend since 2015.
In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend.
Accordingly, the upward trend is expected to continue until 2025.
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(LOG chart)
Looking at the LOG chart, you can see that the upward trend is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, I expect that we will not see prices below 44K-48K in the future.
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The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
That is, the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, this Fibonacci ratio is expected to be used until 2026.
-
No matter what anyone says, the chart has already been created and is already moving.
It is up to you how to view and respond to it.
Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role.
The reason is that the user must directly select the important selection points required to create the Fibonacci.
Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies.
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
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SOLUSD
SOL ANALYSIS (4H)From the point marked as "Start" on the chart, the correction of SOL has begun.
It appears that this correction is either a Diametric or a Symmetrical pattern.
Currently, it seems to be in Wave F.
It may reject downward from the red zone to complete Wave G.
A daily candle closing above the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
MOST Bullish Crypto Now? MoneroThis may come as a surprise considering how little attention it is paid but according to my most time tested analytic; the Daily Ichimoku Cloud + Chikou Confirmation, KRAKEN:XMRUSD is showing more bullish than the top cryptocurrencies.
I have written for years about this study of when price versus the Ichimoku cloud is in line with Chikou (purple line, AKA Lagging Span) versus cloud. I will include a few links below to past Tradingview ideas.
Let's look at some of the major cryptocurrencies that most pay attention to for comparison:
INDEX:BTCUSD
Bitcoin is at a precarious place. The bull trend has weakened and moved through the Ichimoku cloud. Price has breached it to the downside but that does not make it bearish yet. The final step would be Chikou to cross. At this point downward movement and/or time passing will make this true and the trend will flip bearish. Bitcoin's Ichimoku Daily analysis is what I have written most about. If followed, I have demonstrated that applying this simple strategy out performs pure HODL by a factor of 7x.
KRAKEN:SOLUSD
Solana is to me the next most interesting cryptocurrency at present because its use case is the most prevalent: meme coins. Solana just does them better and most of the popular meme coins that end up on the news go through this chain. SOLUSD is sitting in purely neutral territory like Bitcoin.
CRYPTO:ETHUSD
Ethereum is in objectively the worst shape. It has already flipped confirmed bearish.
I think people sleep on Monero because it is not considered a "get rich quick" cryptocurrency. Unfortunately, the cryptocurrency market has devolved into a space for fraud and fast wealth. Monero, being privacy focused, is the leading cryptocurrency that actually facilitates the original use case of cryptocurrency which is... a currency. It has largely acted like a stablecoin the past 3 years while slowly appreciating. Don't ignore it... but also please don't pump it. I don't want the volatility.
Trade wisely.
Another dip coming? Solana price bounced back strongly yesterday and formed a daily candle with a massive bottom wick. It is very bullish. It was a great buy the dip moment for spot buyers and intraday traders. However, if you are swing trading with leverage, the momentum is still bearish. I think it is not the time to open a long position for the following reasons:
Weekly:
1) Price is still trending up along EMA 21, but it is starting to drop below it.
2) Momentum indicators are forming negative divergence.
3) MACD and RSI are still in the bull territory, however, Stochastic had tried to move to the bull zone but failed and now moving to the downside in the bear zone.
Daily:
1) Daily MACD and RSI are pointing to the downside and they are about to enter the bear zone.
2) Daily stochastic have reset and moving to the upside, so it is a sign of recovery to the upside, but it is not supported by price action.
3) The price dropped to EMA200 and bounced, but it failed to move about the previous low ($222) and also closed just under EMA 55.
4) Today the price is starting to come down. Today's candle hasn't closed so it is too premature to make any decision on today's candle at this stage.
4H:
1) the current candle failed to close above EMA 21.
2) both MACD and RSI are still in the bear zone.
3). Stochastic has already reached the overbought territory and now it is rolling to the downside.
4) There are two layers of buy blocks below the $190 area so there is a chance the price might drop to that level.
It has been such a volatile and difficult market. Every time you think the bottom is in and the price starts to move up, it gets pushed down. It is the market that challenges you mentally.
Yesterday's dip was a great opportunity to buy spot and hold. But if you are trading, it might be better to buy the strength because dips can keep coming.
WARNING - SOLANA IS DEAD MartyBoots here , I have been trading for 17 years and sharing my thoughts on SOL here.
SOL is looking like ETH did last bull market
Do not miss out on SOL if it breaks down as this is a great opportunity to get out of the market and protect yourself
Watch video for more details
#SOL/USDT #SOL
The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it strongly upwards and retest it
We have a bounce from the lower limit of the descending channel, this support is at a price of 187
We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 203
First target 219
Second target 234
Third target 250
PEPE/USDT 1H: Bullish Accumulation – Breakout Incoming?!PEPE/USDT 1H Chart Analysis
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Current Market Structure:
• Price at 0.00001114, showing bullish momentum after recovery from the discount zone.
• RSI at 60.79, confirming strength but not yet overbought.
• Equilibrium phase suggests potential continuation toward premium zone.
Smart Money Concepts:
• Fair Value Gap (FVG) identified at 0.00001250, acting as a magnet for price action.
• Order block formation at 0.00000850, providing strong support.
• Premium zone resistance at 0.00001400, where market makers may distribute.
Key Levels:
Entry Zone: 0.00001114 - 0.00001125 (current range).
Targets:
T1: 0.00001250 (FVG fill).
T2: 0.00001400 (premium zone).
Stop Loss: Below 0.00000950 (recent swing low).
Risk Score:
6/10 - Moderate risk due to meme coin volatility but favorable risk-reward setup.
Market Maker Intent:
Accumulation phase appears complete. Market Makers likely targeting liquidity at the premium zone (0.00001400) for distribution. Hidden bullish RSI divergence on 1H suggests further upside potential.
Recommendation:
Long positions favorable within the 0.00001114-0.00001125 range. Monitor volume confirmation for continuation toward 0.00001250+. Maintain tight stops to limit downside risk.
Confidence Level:
8/10 for bullish continuation toward premium zone.
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SOLANA double bottomed on 1day MA200. Target $400.Solana / SOLUSD is trading inside a Channel Up since the July 29th 2024 high.
The price hit today the 1day MA200 for the 2nd time since January 13th and instantly rebounded.
Technically this makes it a Double Bottom formation and took place right at the bottom of the Channel Up.
The pattern is very similar with the Megaphone of May-August 2024 that was followed by a strong uptrend, the bullish wave of the Channel Up.
Their 1day RSI patterns are identical.
Buy and aim for a +140% rise from the bottom. Target 400.
Follow us, like the idea and leave a comment below!!
Analysis and analysis of Solana: the last chance to buy?hello friends
Considering the price growth we had and after that we entered the price correction, now we see a classic double bottom pattern in the price correction in the support area.
that by setting a higher ceiling, we can enter into a transaction with capital and risk management...
*Trade safely with us*
SOLUSDT - Buy with every dipBINANCE:SOLUSDT One of the strongest assets in the market and among the least affected by the recent downturn.
I highly recommend this coin for anyone looking to invest in crypto for the long term.
It’s a core asset in the market, with many projects built on its network, and currently ranks 5th by market cap, sitting at approximately $100.84B.
On the 3-day timeframe, the coin has formed an ascending channel, with price action strongly respecting the lower boundary of the pattern.
Price projection is shown on the chart, and I expect this outlined structure to play out in the coming weeks.
Best regards Ceciliones🎯
SOL/USDT 1H: Bears Pushing Lower – Can $200 Hold ?SOL/USDT 1H Chart Analysis
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Market Condition:
Price: $201.93, showing strong bearish momentum.
Market Structure: Lower highs & lower lows confirm bearish trend.
RSI: 35.89, oversold but not extreme yet.
Key Levels:
Major Resistance: $216 (Previous support turned resistance).
Current Support: $200 (Psychological level).
Next Major Support: $196 (Discount Zone).
Smart Money Analysis:
Market Makers likely engineering liquidity below $200.
Hidden Bearish Divergence on RSI, signaling continuation of downtrend.
Risk Score: 8/10 (High-risk environment).
Recommendation:
📌 Wait for confirmation before entering longs. Look for:
Price reclaiming $208.
Bullish RSI divergence forming.
Volume spike confirming reversal.
Potential Long Setup If Reversal Happens:
Entry: Above $208 (only if confirmation is present).
Targets:
T1: $216.
T2: $224.
T3: $232.
Stop Loss: Below $196.
Confidence Level: 6/10 (Not high enough for full position recommendation in current conditions).
📉 Follow me on TradingView if you respect our charts! 🚀Daily Charts!
Will Solana break $300 soon? What factors influence its price?Hello 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 , 📚🎇
The price is currently in need of a pause and consolidation phase to form a well-defined parallel channel. This period of rest will provide the market with the necessary time to stabilize and absorb recent volatility. Once the price successfully establishes this pattern, we can expect a renewed upward trajectory. This consolidation is crucial, as it will create a solid foundation for sustainable growth. Following this, a target of $300 becomes more achievable, as the market regains momentum and confidence. This methodical approach ensures a more reliable and stable progression. Ultimately, we anticipate a clear path toward reaching the $300 milestone. 📚💡
🧨 Our team's main opinion is: 🧨
The price needs a break to stabilize and form a solid pattern. Once that happens, we can expect a steady rise, with $300 as a realistic target.
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. 🐋
Skyrexio | Solana SOL Started CorrectionHello, Skyrexians!
Recently we told about the potential pump for BINANCE:SOLUSDT to $300 where price was $170. The main reason was the bullish reversal bar at the bottom of the wave 4. After that price reached almost $300 agains the entire crypto market. Will Solana continue pumping or it's over.
Looking at the time frame we can see that wave 5 has been potentially over. This fact is confirmed by the red dot on the Bullish/Bearish Reversal Bar Indicator . This is very strong bearish signal which tells us that Elliott waves cycle has been finished and asset is entering into correction phase. The first target for correction is $160 at 0.61 Fibonacci zone. There we will look at the price action again and make a decision if price will continue to go down or not.
Best regards,
Skyrexio Team
___________________________________________________________
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Rotation from Solana to Base and Sui?Previous Solana breakouts have seen strength in performance for Sui and Base following. Americoins will need to be balanced by Trump. He has shown signs of supporting across the board. Rather than one or two picked winners. Supporting Base and Sui will likely be something Trump is interested in.
Trumps exposure now to Solana is massive and he likely wants to achieve two things. Liquidity to take profit. Massive tax reduction on those profits. Two birds with one stone if he brings down taxes on specifically made in america coins.
He is building exposure in Ethereum too.
We have many signs that there will be rotation. Regardless of long term dominance.. there becomes a point rotation is too hard to ignore. Bases leading dex Aerodrome has ~2x revenue to market cap. Perp/spot dex on Sui also has a ~2x revenue to market cap.
I rather wait to buy the strength for trading (not investing)My overall bias for Solana is super bullish. I like the weekly price setup. Weekly MACD, RSI and Stochastic are all showing the clear (not strong enough) bullish momentums.
If you are interested in investing in Solana for the duration of the current crypto cycle, it is a good time to buy. However, if you are interested in swing trading (medium term), I will wait for daily stochastic to reset and move to the upside, and 4H MACD lines cross and enter the bull zone (0 level). Last week, there were three occasions where 4H MACD lines almost crossed but failed and ended up moving downside. A strong bullish trend usually happens with MACD moving upside in the bull zone.
It is tempting to buy the dip, but I will wait to buy the strength.
Still a Buy for SolanaWe see that Solana experienced a correction following the Trump token, which is completely normal as many investors wanted to realize their profits. Now that this phase is over , we have already observed strong support at the resistance zone. We remain optimistic about reaching the target.
SOL Vs ETH - Make Life Changing Money MartyBoots here , I have been trading for 17 years and sharing my thoughts on SOL here based on ETH fractal.
SOL is looking beautiful , very strong chart for more upside
Very similar to ETH which on the new monthly
Do not miss out on SOL as this is a great opportunity
Watch video for more details
SOL Trade Setups: Key Levels to Watch for Big Moves!Solana has been on an impressive run, hitting a new all-time high (ATH) at $295. The previous ATH from 2021 at $260, along with the recent swing high of $264.63 (December 2024), are now acting as key resistance levels. Bulls are struggling to break above the $260 range and we’re seeing some bearish control as SOL trades below the weekly open, never a great sign for upward momentum.
Short Trade Setup
It’s looking like SOL could be in an ABC pattern, working on wave C. Here’s a potential short trade setup:
Entry: Around $260 if price revisits that zone.
Stop Loss: Above $270.
Take Profit: $220, where strong support lies.
R:R Ratio: About 3:1.
If you’re already short, congrats! If not, $260 could be your next chance to jump in.
Support Zone and Long Setup
There’s plenty of support stacking up between $220 and $217, making it a great zone to consider for a long position:
Point of Control (POC): At $218.50, from the November-January range
Fib Levels:
The 0.786 trend-based Fib extension is at $220.23
The 0.618 retracement (low of $169 to high of $295) is at $217.27
EMAs: The 200 and 233 EMAs on the 4H chart line up nicely with the $217 level
Channel Support: The median line from $264 to $169 also lands around $217
Long Setup Plan
Entry: Ladder longs between $220 and $217
Stop Loss: Below $217, maybe around $214
Take Profit 1: $239 for a mid-range bounce
Take Profit 2: Move your SL to entry and let the rest ride for bigger gains
Patience is Key
Whether you’re waiting for $260 to short or $220 to long, the setups are there, now it’s about watching the levels and being patient. Both trades offer solid risk-to-reward ratios, so no need to rush in.
Stay ready and let’s see how this plays out!
Solana rollercoaster ride and wild swings🔸Hello traders, today let's review 8hour price chart for SOLUSD . pullback/correction in progress with limited upside currently, let's review the market in more detail.
🔸Trading right now at 225 usd, broke the structure after tripping over SL cluster near 280.
The wild swings in SOLANA are caused by the launch of the Trump's meme coin, the angle
of attack on the 8 hour chart is not sustainable, gone up too much too fast, currently
expecting more wild swings in SOL.
🔸As everyone rushed to BUY TRUMP meme coins, this spiked demand for SOL
and generated a massive spike of onchain activity. Once the hype started to subside
and the TRUMP coin started to fade, same thing happened to SOL.
🔸We tripped over SL cluster at 280 USD this caused massive volatility spike and
reversal off the highs. Currently bullish SL cluster located at 160 USD. I'm expecting
re-test of the SL cluster at 160 USD before a decent reversal in SOL prices. Currently
limited upside and expecting most rallies/rips to get faded.
🔸The massive artificial spike produced an unsustainable rally in SOL, more swing
required now in order for the prices to even out / become stable again. This implies
that we will witness more volatility in this market with bearish bias mid-term.
🔸Recommended strategy: Short sell rips/rallies targeting SL cluster at 160 USD.
price is currently not stable and I see limited upside in this market. If you want
to BUY/HOLD, sit out the current volatility and BUY LOW later near SL cluster.
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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.
SOLANA: gives us another chance to get ithello guys!
Triangle Formation
Top Line of the Triangle: A descending trendline forming the upper boundary of the triangle, showing a gradual decline in lower highs.
Bottom Line of the Triangle: An ascending trendline forming the lower boundary of the triangle, highlighting higher lows, indicating potential consolidation.
Support and Resistance Zones
Support Area: Around $248 to $244, providing strong buying interest as price approached the bottom of the triangle.
Resistance Area: Between $264 to $268, acting as a ceiling where selling pressure is evident.
Flip Area
Located near $223 to $233. This zone was a previous resistance level and has flipped into support, reinforcing the bullish structure below.
Price Expectation
A potential bounce is expected off the bottom trendline of the triangle near $248.
Once price consolidates and breaks above the resistance area at $264–$268, it may surge toward the upper target zone around $277 to $282.
Key Levels to Monitor
Support: $248 to $244
Resistance: $264 to $268
Target Area: $277 to $282
Conclusion
The current market is consolidating within a triangle. A breakout above the resistance area could signal a bullish continuation to higher levels.
If price fails to hold the support, the next significant zone to watch is the FLIP area near $223–$233.