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Solusdtlong

Waiting for further growth on SOLANA, with the next target 108$Hello everyone! As I mentioned in my previous ideas on SOLANA, the potential for price growth was around $60. As you can see, the price has reached this zone of interest and has been in this range for the past 3 weeks. Now we can consider further price growth. Currently, we are near the golden Fibonacci level of 0.618 from which we can consider entering a position with subsequent profit-taking at the next price zone of interest - $108. The overall profit would amount to 57%. This is not financial advice, and everything you do is at your own risk.
Long
by neverovv
SOL | USDT - Solana is part of my Top picks for 2024#Solana is currently in a favorable position, trading above $78 against the US Dollar. A potential substantial upswing for SOL might be on the horizon if it manages to surpass the $100 resistance level. In sync with the overall bullish sentiment in the cryptocurrency market at the start of the week, Solana appears to be in alignment with this trend. However, it's worth noting that SOL's recent price surge met resistance at the $100 mark, resulting in a reversal .
Long
by AndreKlynsmith
#SOL/USDT Reacjed All Targets but I did this mistake!#Solana: Reflecting on a Regretful Trade 😔 I sold too early, around $42 – a common mistake when chasing market highs and lows. I've learned from past errors, especially in the last bull run, and won't repeat them. So, what's the best move? Hold onto your coins for the next 18 months. Skip the 4-hour and daily charts; focus on the weekly and monthly, zooming out for perspective. These upcoming 18 months could redefine your game. Choose the right path. If this resonates, repost and boost. Share your thoughts in the comments. #WAGMI  🚀 #SOL #solana #SolanaDeFi
Long
by Cryptorphic
1
📈 Solana: Consolidation, Resistance, and Potential Scenarios! An analysis of Solana (SOL) suggests key insights related to consolidation, resistance, and potential scenarios in the market. Key Insights: Current Price: SOL is observed to be at $75. Stoch RSI: The Stoch RSI on the daily timeframe is noted as oversold. Consolidation Expectation: The analysis anticipates SOL to consolidate around the current level for a few days. Resistance Level: A potential breakout is expected through the $78 level of resistance. Support Scenario: If the daily support line around $65.00 is breached, SOL could head to $57.00 - $60.00. #Solana #CryptoAnalysis #MarketScenarios
Long
by Richtv_official
SOLUSDT long idea from 4h supportHere is another idea for long on this pair. The price has been rejected by the daily resistance DR1 and it was pushed down hard a while ago. That was a good long opportunity as the price bounced really well. However, that bounce met the daily resistance DR1 again and it is again being pushed down by the daily resistance DR1. There is 4h support 4HS1 sitting below around 69.73-70.6 zone. I think the price will visit that zone and experience another bounce which will give an opportunity for a long trade. Therefore, lets grab this long trade in case price visits the support zone 4HS1.
Long
by angela_altair
SOLUSDT heading towards 100-125Another one with impressive movement in the last few months. The price has been moving upward for several weeks. Currently it is facing some pushback but there is nothing dramatic as of now. It looks like the price is headed towards the monthly resistance MR1 on the way up. That resistance zone is sitting around 100-125 area. I expect the price to pause or pullback once it reaches there. For smaller time frame trades, we will discuss them in separate posts.
Long
by angela_altair
SOLUSDT Breakout Signals Strong Bullish Momentum.SOLUSDT shows upward movement post breakout and retracement, aiming for $80 target. Alternatively a potential dip to the Fibonacci .5 level might occur, with the rebound anticipated from that point. It is essential for traders to monitor the market closely and be prepared for both bullish and bearish scenarios. SOLUSDT (4h Chart) Technical analysis SOLUSDT (4h Chart) Currently trading at $61 Buy level: Above $60 Stop loss: Below $55 TP1: $64 TP2: $68 TP3: $70 TP4: $80 Max Leverage 5x Always keep Stop loss Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Long
by GreenCryptoTrades
4
2028 SOL in 200USDPredicting the future value of any cryptocurrency involves numerous variables and uncertainties, making it a speculative exercise. However, I can outline a hypothetical argument for Solana (SOL) reaching $200 USD by 2028, taking into account potential factors such as the Federal Reserve's interest rate releases in 2024. 1. Technological Advancements: Solana is known for its high-performance blockchain, capable of handling a large number of transactions with low fees. If the development team continues to enhance and optimize the network, attracting more developers and projects, the technological advancements could contribute to the increased demand for SOL tokens. 2. Increased Adoption: As blockchain technology gains wider acceptance across industries, Solana's scalability and efficiency might position it as a preferred platform for various decentralized applications (DApps) and projects. Increased adoption often correlates with a rise in the value of the underlying cryptocurrency. 3. DeFi and NFT Growth: The decentralized finance (DeFi) and non-fungible token (NFT) sectors have shown significant growth in recent years. If Solana continues to establish itself as a leading platform for DeFi and NFT projects, it could experience increased demand for its native token, SOL. 4. Market Sentiment and Speculation: Market sentiment plays a crucial role in the cryptocurrency space. Positive developments, partnerships, and increasing interest from institutional investors can drive speculation and attract more investors to SOL. This increased demand could potentially drive up the token's value. 5. Macro-Economic Factors: The Federal Reserve's interest rate decisions can impact the broader financial markets. If the interest rates are maintained at lower levels or follow a more accommodative monetary policy, investors might seek alternative assets like cryptocurrencies for potentially higher returns, positively affecting SOL's value. 6. Improved Regulatory Clarity: Clarity in cryptocurrency regulations can foster a more favorable environment for investor confidence. If regulatory frameworks become clearer and more accommodating, it could attract a broader range of investors to Solana and the overall cryptocurrency market. 7. Ecosystem Development: The growth and diversification of the Solana ecosystem, including partnerships, collaborations, and the launch of innovative projects, can contribute to SOL's value appreciation. This is not a financial advice.
Long
by Mat_cl
Potential Breakout for Solana with Favorable IndicatorsI wanted to bring your attention to an exciting opportunity in the cryptocurrency market, specifically regarding Solana (SOL). Based on recent market analysis, it appears that SOL is poised for a potential breakout. Several key indicators suggest a favorable outlook for SOL's price movement. Firstly, the Relative Strength Index (RSI) is currently in a neutral position, indicating that the cryptocurrency is not overbought or oversold. This suggests a balanced market sentiment and potential room for upward movement. Additionally, the Commodity Channel Index (CCI) is in the upper band, further reinforcing the positive outlook for SOL. This indicates that SOL's price is trending higher than the average price over a given period, signaling potential bullish momentum. Furthermore, the moving average combination displays a buy signal for SOL. This combination of moving averages is widely regarded as a reliable indicator for determining market trends. In this case, the moving average combination indicates a potential upward movement for SOL's price. Considering these indicators, it is reasonable to conclude that SOL is presenting a compelling opportunity for investors. The combination of a neutral RSI, CCI in the upper band, and a buy signal from the moving average combo suggests a potential breakout shortly. I wanted to share this information with you, as I believe it could be of interest to you and align with your investment strategy. However, I encourage you to conduct your research and consult with your financial advisor before making any investment decisions. Should you have any questions or require further information, please do not hesitate to comment away. I am here to assist you.
Long
by bryandowningqln
SOLUSD Next Leg UpSolona been ripping, last ATH was around $250ish, retraced a little over 95% due to the retracement. Some considered it was a dead project as some of the FUD(SBF, Broken chain, VC etc...) and the retracement. However.... I don't think this mofo is done. The price movement has outcompeted all of the top 20 MRKTCAP. $70 is resistance and the new consolidation levels if broken, seems to want to reclaim that $250 mark sooner than later. The trend lines are point up, the FA is impenetrable at this point as alot of it is silence and a product just gets released. Risk is low given the potential upside....... $250 will be chump change if the price action continues. "Maybe this honey badger isn't my wife." -k3wLk47
COINBASE:SOLUSDLong
by kewlkat
SOL → Which Way Solana? Let's Answer That Question With a Chart.Solana is at a crucial decision point; fail to break resistance or rocket to the next level? Right now it's failing to get back into the bull channel, but hasn't yet broken to the downside. How do we trade this? If you're not already in a trade, wait to enter one! For a long, we need a test of Support at the 30EMA, or a break of the Previous Resistance line followed by a support test and confirmation. To short, we need a failed breakout attempt of Previous Resistance and preferably, a confirmation bear candle closing on or near its low below the 30EMA. Until then, let's see where the price action goes. FOMO (Fear of Missing Out) is your worst enemy. You're making more money by not falling for the seduction of market profit. Trade Idea Short Entry : $48.00 Stop Loss: $54.15 Take Profit: $35.70 Risk/Reward Ratio: 1:2 Long Entry : $73.00 Stop Loss: $107.00 Take Profit: $61.65 Risk/Reward Ratio: 1:3 Key Takeaways 1. Bull Channel, Bias to Long. 2. Bear Breakout, Watch for Sell Signal. 3. Still Above 30EMA, Watch for Support. 4. Do not Long until we break Previous Resistance. 5. RSI at 61.00, below Moving Average. Supports Short. You are solely responsible for your trades, trade at your own risk! If you found this analysis helpful, click the Boost button and let us know what you think in the comment section below!
by TraderEngineering
1