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Solusdt

SOL Solana Trade IdeaSOL Solana is clearly trending bullish as we can see on the 4 hour time frame with consecutive higher highs and higher lows. We look for an entry on the Fibonacci retrace down into the 50 to the 61.8% level. We can see support on a previous high to the left of the current price swing which could provide support for an entry point. Target one is the current price swing high take partial profits and move stop loss to break even, target two would be a measured move above the current price swing. This analysis is for educational purposes only and not financial advice. Always trade with a solid risk management plan.
Long
by fxtraderanthony
1
SOLUSDT.1DIn this SOL/USDT daily chart, the recent price action has taken Solana above the Ichimoku Cloud, a bullish sign. There’s a marked upward trend with resistance (R1) at a higher price point indicating a potential future target. Ichimoku Cloud: Being above the cloud is bullish, suggesting that the uptrend may continue. The cloud will now act as support. Moving Averages (Ichimoku Lines): The conversion line (blue) is above the baseline (red), which further supports the bullish sentiment. Resistance (R1): There's a resistance line drawn above the current price, signaling a level that could potentially halt or reverse the upward trend. RSI: The RSI is high, hovering just under overbought conditions. This could indicate that the price might see some consolidation or pullback soon. MACD: The MACD is positive and above the signal line, which is typically a bullish signal. However, the histogram is showing signs of decreasing momentum, so it's crucial to watch for any potential crossover that could signal a reversal. Considering these indicators, the momentum for SOL appears bullish, but the high RSI suggests caution, as there could be a pullback. If you're trading, it might be wise to look for confirmation of continued bullish momentum before entering a position and setting a stop-loss to manage potential downside. The resistance level could be seen as a target for taking profits should the price continue to rise. It's essential to consider the broader market sentiment and news that can impact price movements.
by MarsSignals
SasanSeifi 💁‍♂SOL/4DAY Long-Term 🧐 Hey there,✌ Solana's price oscillated between $10 and $27 for an extended period. After breaking the long-term downtrend line, the demand for SOL increased, resulting in an upward trend for approximately 6 months. the price has ranged and accumulated volume around $100 before surging to $207. Current Movement: The price is heading towards its previous all-time high (ATH) of $259. Scenarios: 1. If the momentum weakens around $250 and is confirmed, the price may experience a correction. After a pullback, we can expect further growth in the long term. 2. If the price faces demand and breaks above the previous ATH, the first target would be the $350 price range. The chart above illustrates the possible trends and long-term targets for Solana. Long-Term Support Levels: $130 $100 (The chart is logarithmic.) Remember, this is just a technical analysis and not financial advice. Always do your research before making any investment decisions.❗❌ I hope this analysis was helpful! If you have any questions, feel free to ask.✌
Long
by SasanSeifi
#SOL/USDT 2h (OKX Futures) Rising wedge on resistanceSolana printed an evening star, road back to 200MA support seems likely next. ⚡️⚡️ #SOL/USDT ⚡️⚡️ Exchanges: OKX Futures Signal Type: Regular (Short) Leverage: Isolated (2.3X) Amount: 5.0% Current Price: 171.72 Entry Targets: 1) 172.56 Take-Profit Targets: 1) 142.59 Stop Targets: 1) 187.58 Published By: @Zblaba CRYPTOCAP:SOL OKX:SOLUSDT.P #Solana #SPL solana.com Risk/Reward= 1:2.0 Expected Profit= +39.9% Possible Loss= -20.0% Estimated Gaintime= 1 week
Short
by TradingOn
3
Solana UP 87% - ALTSEASON upon us!📉Hi Traders, Investors and Speculators of Charts📈 Solana is up 87% in the past few weeks, and it's one of the altcoins that have seen the best gains in a 24h time frame. This is usually a good time to secure some profits. I've been bullish on Solana and other altcoins for 2024, find the other alts I am watching here: From here, I expect micro cap coins to start making their rallies. ARE YOU PREPARED FOR ALTSEASON 2024? If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck KUCOIN:SOLUSDT
Long
by CryptoCheck-
1
Solana's 2020-23: Akin to Ethereum 2017-21, Eyes New ATHWhen we take a closer look at Solana's recent history, it's hard not to draw comparisons to Ethereum's past. The price movements seem eerily similar, and it feels like we're at a pivotal point, much like where Ethereum once found itself. With this in mind, many in the crypto Twitter and TradingView are brimming with excitement, believing that Solana might just be gearing up for a remarkable journey towards a new all-time high in 2024. 💬 Your thoughts on this? I would love to hear your insights in the comments below!
CRYPTO:SOLUSDLong
by ArShevelev
13
Technicals Show SOL Investors Are at a CrossroadsIn the fast-paced world of cryptocurrency trading, BINANCE:SOLUSDT has been capturing the attention of traders on the 4-hour chart with its notable price actions and technical indicators suggesting a complex interplay of bullish and bearish sentiments. A critical examination of the 9 EMA (Exponential Moving Average) indicates a gradual decrease from $185.97 to $183.94, suggesting that short-term momentum has been losing steam, albeit slightly. Meanwhile, the 20 EMA has seen a consistent uptrend from $176.41 to $178.40, hinting at a stronger underlying bullish sentiment over the medium term. This divergence between the 9 and 20 EMA can often indicate potential for future volatility as the market decides on a direction. The MACD (Moving Average Convergence Divergence) values provide further insight into the market's sentiment. Initially, the MACD showed a bullish signal with a histogram value of 1.68, but this sentiment weakened over time, eventually turning bearish as indicated by the latest histogram value of -0.94. This transition suggests a shift in momentum that could lead to potential selling pressure or at least a consolidation in the near term. The RSI (Relative Strength Index) readings have also offered a roller-coaster perspective, starting at a highly overbought level of 76.41 and descending to a more neutral stance of 55.76. This decrease in RSI points towards a cooling off of buying pressure, potentially opening the door for bears to take a short-term advantage. When considering potential movements, traders should eye the support levels at $176.72, $159.30, and $141.17. These levels could serve as crucial junctures for SOL, where bulls might attempt to mount a defense against further declines. A bounce from these supports, especially if accompanied by increasing volumes and positive MACD and RSI shifts, could offer lucrative long entry points. Conversely, a break below these supports could validate short trade setups, aiming for lower price targets as the market sentiment sours. The current technical analysis of the Solana price paints a picture of a market at a crossroads, with various indicators suggesting a tug-of-war between bulls and bears. Traders should keep a close eye on the mentioned support levels, along with the evolving MACD and RSI readings, to gauge potential entry and exit points for both long and short positions. As always, it's imperative for traders to approach the market with caution and conduct their own research.
by StevenWalgenbach
Cryptolean Solana SOL UpdateSolana dipped to below the key daily resistance zone of $144-$151 however it is back into the narrow daily range, where it has been consolidating for the last 4 days. A daily candle closure above $151 will push Solana price towards $167 and higher. An inability to sustain the price action above $144 will result in price declining towards $126, the key daily support. Intraday Chart After a quick dip earlier today, the SOLUSD intraday (4-Hour) chart is back into the bullish territory. A bullish breakout of $152.6 resistance and a sustained price action above it in the 4-Hour chart will push #Solana price towards $164-$173. An inability to sustain the price action above $143 could result in a slow bearish move to $134 and, possibly, lower to the key intraday support of $124,56 A dip to either $143 and a strong bullish rejection of this level will push price to $164-$173. I will be closely watching price action with this level, as a bullish rejection could offer a long opportunity. The SOLUSD chart is holding strong and consolidating in a narrow range which is totally normal after last days bullish extension. Once Satoshi price in BNBBTC chart will find a support and reverse, the Dollar price in BNBUSD chart will extend higher. Like once read! Thank you.
by Trade-Lean
6
Solana (SOL) Faces Resistance at $190: Sell or Hold?SOL is currently grappling with resistance at $190. This price point presents a key decision point for traders and investors, with the potential for both profit-taking and further gains. Breakout Potential: A breakout is on the horizon. If SOL can decisively overcome the $190 hurdle, it could pave the way for a surge toward $400, another historical resistance level. Downside Risks Remain: The possibility of a pullback cannot be ignored. If SOL fails to breach the $190 resistance, a decline toward $155 or even lower is a potential outcome.
by Z4F4R
#SOL Elliott wave 5 scenarioIn the daily time, according to the short-term analysis mentioned in the previous post, it had a complex double correction, which ended after the completion of the 4th wave of the corrective erosion after the break of $87.5, and the current wave will be the 5th wave of this cycle, which can reach at least 100%. The range of the previous ceiling should continue to grow, and if it continues, it should be as long as wave 3. According to the current momentum, we should probably face a long upward wave, which I will update in the future. ------- Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.
Long
by alikze
108
SOLUSDT Is it time for a correction before further growth?Hello everyone, welcome to SOLUSDT. Currently, SOLUSDT continues to trade in an uptrend. However, the price is currently struggling with the resistance zone around $185. Trading volume increases as resistance levels are broken, indicating that the market is ready to recognize the potential for accumulation or a potential correction. On the D1 interval, we are interested in a correction before a further upward move above $185, but we must wait for a breakout and price consolidation in this area, which will confirm the market's increased readiness for further growth.
Long
by cryptodailyuk
SOL/USDT - Solana: Trend Reversal◳◱ On the $SOL/ CRYPTOCAP:USDT chart, the Trend Reversal pattern suggests a pause in volatility, potentially gearing up for a breakout. Traders might observe resistance around 163.02 | 181.65 | 229.29 and support near 115.38 | 86.37 | 38.73. Entering trades at 171.1 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Solana ▣ Rank: 5 ▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc ▣ Category/Sector: Infrastructure - Smart Contract Platforms ▣ Overview: Solana is a public base-layer blockchain protocol that optimizes for scalability. Its goal is to provide a platform that enables developers to create decentralized applications (dApps) without needing to design around performance bottlenecks. Solana features a new timestamp system called Proof-of-History (PoH) that enables automatically ordered transactions. It also uses a Proof of Stake (PoS) consensus algorithm to help secure the network. Additional design goals include sub-second settlement times, low transaction costs, and support for all LLVM compatible smart contract languages. ◰◲ Technical Metrics : ▣ Mrkt Price: 171.1 ₮ ▣ 24HVol: 1,461,279,730.244 ₮ ▣ 24H Chng: 11.277% ▣ 7-Days Chng: 18.68% ▣ 1-Month Chng: 51.91% ▣ 3-Months Chng: 135.81% ◲◰ Pivot Points - Levels : ◥ Resistance: 163.02 | 181.65 | 229.29 ◢ Support: 115.38 | 86.37 | 38.73 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: 6.72 ▣ Last 90D: 4.00 ▣ Last 1-Y: 2.72 ▣ Last 3-Y: 1.24 ◲◰ Volatility : ▣ Last 30D: 0.71 ▣ Last 90D: 0.90 ▣ Last 1-Y: 0.87 ▣ Last 3-Y: 1.20 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.57 - Bullish ▣ Reddit sentiment score is 0.76 - V. Bullish ▣ In-depth SOLUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
CAH target is $1B plus market cap! O_oIt's one of my best dark horse picks; I've been tracking #CAHUSDT on TTR since $.60c! And so far, it was nothing else but success! This is a token of the Moontropica game project We are still holding it strong from much lower levels and not even taking a penny off, as my main target is way above $300-380. But this coin has a high potential to hit even a MUN:10B market cap when the game is out on PC and especially for mobile devices! So, buy and hold is the only winning strategy! So many are biting their elbows by selling it below $2, and some are still waiting for $2 to enter lmao they will never get it! Look at this weekly bullish chart; it's just begun its run. The price should be taking a briefer at $60-80 and correct into wave 2, then it will be an unstoppable move in wave 3 of the Mega Cycle (the game launch on PC?)
CLong
by TheTradersRoom