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Solusdt

BITCOIN IS THE NEXT AMAZONMartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space. The Bull market is here Even tho the bull market is here BTC has not fully mooned yet there is still time to buy on DIPS . The market has just hit a critical level . This is a bullish structure and dips are buys, when these dips happen BTC can start its move higher . This needs to be watched carefully. BTC To The MOON Please watch the video for more information
COINBASE:BTCUSDLong
by MartyBoots
Is Solana (SOL) reclaiming $180?Solana price has displayed a similar price action by recording a significant correction in its respective portfolio. With the rising price volatility in the crypto space, will Solana price record a bullish reversal this week or plunge toward its new low? Following, the ongoing cross-border market correction, the Solana price has lost 4.61% in valuation within the past 24 hours with a trading volume of $2.265 Billion, a change of +9.53%. Further, it has plunged 10.48% during the past week and 18.90% over the past 30 days. The Solana price has been trading within a closed range since mid-April, indicating a weak price action for the altcoin in the crypto market. Moreover, the SOL price has formed a resistance zone above its resistance level of $155, highlighting a strong selling point at that level. However, strong buying pressure has also formed close to its crucial support trendline around the $120 level, indicating a high possibility of a bullish reversal for the Solana price at that point. If the market holds the SOL coin price above its crucial support level of $127, the bulls will regain momentum and head toward its resistance level of $155. Maintaining the price at that level will set the stage for Solana price to attempt to test its upper resistance level of $181.50 this month. However, if the bears continue to dominate the market, the SOL crypto will plunge toward its crucial support level of $127.00. Moreover, if the bulls fail to hold the price at that level, it will prepare to test its low of $100 during the upcoming weeks.
by paul_endeo
SOLUSDTUnderstanding the Head and Shoulders Pattern in SOL/USDT What is the Head and Shoulders Pattern? The head and shoulders pattern is a classic technical analysis formation that signals a potential reversal in the trend. It consists of three peaks: a higher peak (the head) between two lower peaks (the shoulders). This pattern is often used by traders to predict a shift from a bullish to a bearish trend. Breakdown of the Pattern Left Shoulder: The price rises to a peak and then declines. Head: The price rises again to a higher peak, forming the head, and then declines once more. Right Shoulder: The price rises once more but to a peak similar to the first peak and then declines again. The neckline, drawn by connecting the lowest points of the two troughs, is a crucial support level. Once the price breaks below this neckline, it confirms the pattern and suggests a potential bearish move. Current Situation in SOL/USDT Solana (SOL) has recently completed a head and shoulders pattern and has broken below the neckline. This indicates a potential bearish trend reversal, making it an interesting short trade opportunity. Expected Returns If the head and shoulders pattern fulfills, traders could expect about an 8.35% return on this short trade. This return is calculated based on the height of the pattern from the head to the neckline, projected downward from the point of the breakout. Technical Analysis Insights Inverse Head and Shoulders Pattern: For context, the inverse head and shoulders pattern is the opposite and signals a bullish reversal. Currently, SOL's formation is a standard head and shoulders, indicating a bearish outlook 2. Support and Resistance: Key resistance levels are around $150.77 - $158.89, with significant support around $118.69 - $120.00 2. Risk Management Risk management is crucial in trading. Always use a stop-loss to limit potential losses. For this trade, setting a stop-loss slightly above the neckline can help manage risks effectively. Conclusion The head and shoulders pattern in SOL/USDT suggests a possible bearish trend with an 8.35% return on a short trade. As always, conduct your own research and consider your risk tolerance before making any trading decisions. Further Reading Technical Analysis Basics: For those new to technical analysis, understanding the basics can provide a solid foundation. Risk Management Strategies: Implementing effective risk management can help protect your capital in volatile markets. By understanding and utilizing these patterns and strategies, traders can better navigate the complexities of the cryptocurrency market. Note: This analysis is for educational purposes only and should not be considered financial advice. Always conduct your own research before making any trading decisions.
Short
by XTradeSetup
1
Sol Long The SOL/USDT pair is currently at a crucial juncture, with bulls strongly defending critical levels amidst significant reversal signals. Liquidity has been absorbed at key support, suggesting the potential for a bounce if this level holds. It is important to conduct your own research (DYOR) and remember this is not financial advice (NFA). Price Targets: Should the bounce continue, resistance can be anticipated around $150 and $170. Conversely, if the price breaks downwards, look for support near $120 and $100. Remain attentive and trade cautiously.
Long
by Kat-Crypto-Street1
8
Solana Hits Big Resistance and Drops to SupportGood Morning Traders, It's important to review price action on Solana because it is our fourth largest altcoin (excluding stables) and does lead much of our altcoin market now in this position. The inverse head and shoulders pattern is playing out thus far. Solana touched my $122 support precisely before bouncing and rounding the bottom of our right shoulder. The 200 day SMA helped to hold price for support. Price then exceeded our .618 Fib fan level which intersected with a level I had drawn at $145. This now becomes support. Price had attempted to move higher but there is great resistance ahead on both our price chart and the RSI chart below. Both charts show big areas of confluence that are acting as major resistance. If the bulls can get above these, we are then safe to tackle that neckline. Once broken, we should have a price target of $235-245 before more rest. Don't forget, holiday weekends often give crypto a big boost. With the 4th of July being a big holiday here in the U.S., I would not be surprised to see price movement float up over the long weekend. Stew
COINBASE:SOLUSDLong
by stewdamus
Which ETF is next? ---- SOLAfter the ETH ETF, VanEck and 21Shares submitted application documents for the Solana ETF, and Solana saw a pump. We believe it is unlikely that the SEC will approve the SOL ETF, and even if it does, it will not be until 2025. As early as 2023, the SEC defined many Altcoins as securities, and SOL was one of them. Perhaps more and more Altcoin ETFs will be mentioned in the future, but they may not be confirmed and approved until 2024. If you are a trader, you can capture short-term long gains on these messages. Although the SOL ETF will not be passed in the near future, Solana is undoubtedly one of the most active ecosystems. Meme coins are growing like crazy on Solana, DEX trading volume is rising, and SOL is rising as a gas token. From the perspective of price performance, at the 4h level, after ending a successful downward prediction, the TSB indicator prompted an increase on June 27. After that, SOL started pumping again. The column is currently falling close to the wavy zone, which will provide support to SOL. Introduction to indicators: Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated. KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits. Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies. Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
by sypool-AI-TradeGenius
SOL : wait for buy Detailed Analysis of SOL/USDT Chart By AhmadArz📊 Key Levels and Zones Support and Resistance Zones: Support Zones: 118.69 - 120.00 USDT: This is the lower major support zone marked in red. 🔴 130.93 - 132.00 USDT: Another support zone where price action might find support. 🟢 Resistance Zones: 150.77 - 158.89 USDT: This is the first major resistance zone marked in red, with the grey shaded area indicating a potential supply zone. 🔴 170.02 - 175.60 USDT: This is a higher resistance zone indicating potential targets if the price breaks above the lower resistance. 🔴 Signal : 💲 Entry :136.65⬅️ Stop Loss : 130.93🔴 TP 1: 141.94 USDT 🎯 TP 2: 146.40 USDT 🎯 TP 3: 150.77 USDT 🎯 TP 4: 158.89 USDT 🎯 TP 5: 163.98 USDT 🎯 TP 6: 170.02 USDT 🎯 Trend Analysis Downtrend: The chart shows a general downtrend, with lower highs and lower lows being formed. 📉 Current Pullback: The price recently pulled back from the resistance zone around 150.77 USDT and is now testing lower levels. 🔄 Price Action Current Price: The current price is around 137.92 USDT, and it appears to be testing the minor support level at approximately 136.65 USDT. 🔍 Possible Rebound: If the price holds above the minor support level, it could attempt to bounce back and test the resistance levels again. 🔄 Potential Scenarios Bullish Scenario: Hold Above Support: If the price holds above the 136.65 USDT support, it might attempt a rebound towards the first resistance level at 150.77 USDT. 📈 Break Above Resistance: If the price breaks above 150.77 USDT, it can target higher levels, potentially reaching the subsequent take profit levels (TP 2 to TP 6). 🚀 Bearish Scenario: Failing Support: If the price fails to hold above the 136.65 USDT support, it could move down to the next support zone around 130.93 - 132.00 USDT. 📉 Further Downside: A break below the 130.93 USDT support could lead to a further decline towards the major support zone around 118.69 - 120.00 USDT. 🛑 Indicators and Patterns Candlestick Patterns: Observe for any bullish reversal patterns at support levels or bearish continuation patterns near resistance levels to gauge potential price movements. 🔍 Volume: Higher trading volumes near support or resistance levels can provide additional confirmation of potential breakouts or breakdowns. 📊 Conclusion The chart indicates critical support and resistance zones that can guide trading decisions. The next move will depend on the price action around the current support level at 136.65 USDT. Traders should look for confirmation signals to determine whether the price will rebound or continue its downward trend. ⚖️
Long
by ahmadarz
2
Solana: Signs of the end of the Correction waveTrading Setup: There is a Trading Signal to Buy in SOLUSDT Solana (4h) (futures) Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 140.10 ⭕️SL @ 127.90 🔵TP1 @ 170.40 🔵TP2 @ 188.90 🔵TP3 @ 241.70 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments .
Long
by pullbacksignal