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Solusdt

SOLUSDT → combining several patternhello guys... solana formed an upside-down head and shoulder pattern on the broken trendline! on the other hand, we can see a similar cup and maybe a handle pattern! on the other side, this coin made a top normal head and shoulders on a lower time frame! so I suppose this coin will touch the 94$ area 📉 and then will be prepared for another upward movement to 129$!📈 ___________________________ 💻📞☎️ always do your research. 💌📫📃 If you have any questions, you can write them in the comments below, and I will answer them. 📊📌❤️And please don't forget to support this idea with your likes and comment
by melikatrader94
5
Long Position on SOLUSDTAnalysis: Bullish Divergence in RSI: A bullish divergence is observed in the Relative Strength Index (RSI), indicating potential upward momentum. Stop Loss Protection: The Point of Control (POC) from the volume profile can be used to protect the stop loss, providing a key support level. Take Profit Levels: TP1: Set the first take-profit level between the 23% and 38% Fibonacci retracement levels. TP2: Place the second take-profit level between the 50% and 61% Fibonacci retracement levels. TP3: Target the third take-profit level at the 78% Fibonacci retracement level. Use of Gray Rectangles: Gray rectangles, derived from open interest and representing areas with the highest volume, are used to set the take-profit levels. Trade Plan: Entry: Consider entering a long position based on the bullish divergence observed in the RSI. Stop Loss: Protect the trade with a stop-loss order placed below the Point of Control (POC) from the volume profile. Take Profit: TP1: Close a portion of the position at the first take-profit level between the 23% and 38% Fibonacci retracement levels. TP2: Take additional profits at the second take-profit level between the 50% and 61% Fibonacci retracement levels. TP3: Target the final portion of the position at the 78% Fibonacci retracement level. Risk Management: Ensure proper risk management by allocating an appropriate portion of your capital to this trade and adjusting position size accordingly. Note: Always conduct thorough analysis and consider using additional technical indicators or confirmatory signals before executing any trades. Risk management is crucial to protect your capital in volatile markets.
Long
by ispatialresources
SOL: Support in SightSOL 's trading activity presents a testing phase at the $104.19 mark. The proximity to the lower Bollinger Band suggests we're in a critical support region — if this holds, it could signal a potential rebound. The MACD's bearish crossover, while noteworthy, lacks strong momentum, hinting that a downtrend may not be firmly established. What's pivotal here is the RSI's position near the oversold territory, which could attract buyers looking for value, potentially leading to a price recovery. However, the moderate trading volume indicates that there's not a strong consensus among traders, and we may see some indecision before the next clear trend emerges. In this scenario, keeping an eye on the Bollinger Bands and the MACD will be key. Should the MACD flatten or turn upward and the price stabilizes above the lower band, it might be the first signs of a bullish reversal. On the flip side, a break below could signal further dips, so watch for any significant volume changes to confirm the move. Enjoyed the analysis? Don’t forget to hit like, drop a comment with your thoughts, and share it with your friends.
by MonoCoinSignal
Solana Drop to 80 looks imminentA few weeks ago, I mentioned the possibility of BINANCE:SOLUSDT retracing to the 80 zone support level once more. However, Solana surged upward and triggering my stop loss in the process. Despite this turn of events, my perspective on the market remains unchanged, and I still anticipate a return to the 80 level. From a technical standpoint, the recent up move from 80 appears to be corrective rather than impulsive, with 120 emerging as a formidable resistance barrier. Confirmation of a potential downturn would materialize if the price dips back below 100 once more. I'm looking to sell again.
Short
by Mihai_Iacob
2
SOL/USDT LONG Signal - Potential for Upward Movement!Our analysis indicates a robust buying position for SOL/USDT. We use a 2x Leverage for this trade. Trading Signal Primary Entry : 110.85 USDT (Limit Order) Secondary Entry (DCA) : 106.3 USDT Stop Loss : 103.1 USDT to minimize risk Profit Targets Target 1 : 112.7 USDT, then move SL to entry point Target 2 : 114.8 USDT Target 3 : 121.9 USDT Target 4 : 134.4 USDT Helpful Tips Save Money: Use limit orders instead of market orders for lower fees. Stick To Your Plan: This is key for making progressive gains! Control Your Risk: Your stop-loss order protects you against unforseen market reversals. We aim to provide high-quality signals that guide you to success. Happy trading!
Long
by Swiss_Signals
SOL Analysis - Anticipating Correction and Long Position Plan!📈 Price Movement: Rejection: SOL was rejected around $120 last week. Retracement: Since then, it has retraced to the current trading price of around $107.00. Support Level: The $105.00 level is holding as support. 💼 Trading Plan: Potential Correction: Anticipating further market correction in the next week, possibly testing the bottom range level of support at around $94.50. Long Position: If the price retraces to $94.50, considering a long position. Profit-Taking: Plan to take profit in the $140 – $150 resistance area. Risk Management: Set a stop-loss just below $90.00 to manage potential losses. 🔄🔍 Note: Keep an eye on market developments and adjust the plan accordingly. 🚀💡 #SOL #CryptoTrading #PriceAnalysis 📊📌
Long
by Richtv_official
SOL/USDT - Jumping from the Bowl - SOL had a nice cup patter and showing overall bullish sentiment. - If SOL manages to break its Previous Resistance level then its an easy run for SOL to reach new highs - Currently price is around the support zone and this consolidation is expected to continue for couple of days - Once this consolidation is over we can expect the price to bounce up, if the price breaks the support zone then we are looking at bearish trend for SOL. - lets hope SOL breaks its resistance level and reaches new Highs. Regards VectorAlgo
Long
by VectorAlgo
7
SOL after the bounce from the support zone will go to $127SOL after the bounce from the support zone will go to $127. It's the completion of the flag pattern 🔵Entry Zone 107.32 - 110.70 🔴SL 104.53 🟢TP1 127.00 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 JosephMcKenzie
BINANCE:SOL/USDT - Confirmed breakout and Long Trade entry--------------------------------------------------------------- Description --------------------------------------------------------------- + Falling wedge pattern on SOL. Clear breakout from the falling wedge + Next target for SOL is previous high at 126 range + With this clear breakout, hitting the target is an easy achievement --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 100.6 Stop Loss: 92.8 ------------------------------ Targets 1: 104 Targets 2: 108 Targets 3: 116 Targets 4: 126 ------------------------------ Timeframe: 12h Capital: 1-2% of trading capital Leverage: 5-10x --------------------------------------------------------------- Note: Don't forget to keep the stop-loss. --------------------------------------------------------------- Agree or Disagree with the ideas ? lets discuss in the comments. Like and follow us for more ideas. Regards VectorAlgo
Long
by VectorAlgo
A Technical Look at SOL's Next MovesSolana 's price movements have recently led it to confront the 4-hour chart's 0 Fibonacci level, acting as a crucial resistance point. The current price of $107 sits just below this level, after a rejection at the upper Bollinger Band, indicating a potential short-term ceiling for the price. The Bollinger Bands have widened, suggesting increased market volatility and a possible expansion phase in price action. The MACD presents a nuanced picture; while it remains in bullish territory with the MACD line (4.42) above the signal line (3.87), the histogram is very close to the baseline, hinting at a possible slowdown in momentum or an impending bearish crossover. This warrants attention as it could precede a change in the trend direction. Furthermore, the RSI at 55.38 is in the mid-range, not indicating overbought or oversold conditions, but the RSI-based MA is slightly higher at 60.13, which might suggest that the average momentum has been more bullish recently. Trading volume stands at 2.462M, which provides enough market participation to consider the recent price action as significant. Traders might look to the lower Bollinger Band around $91.27 as a key support area, as historically, prices touching this band have often found substantial buying interest. If the price were to break below, the next regions of interest would be the local and solid support levels that have been established previously. Given the recent price rejection and the MACD's hint at a potential downturn, traders should monitor for either a consolidation above the current Fib level to support a continued uptrend or a break below, which could indicate a deeper retracement is due.
by MonoCoinSignal