$SOL Price Target: $75Solana has been on a tear the last few weeks, one of the best performing large-cap tokens this year.
How high could it go? Well, looking back to February of 2022 on the Monthly chart, $75 was the low point of the wick. Price recovered, and then fell through that level with the FTX collapse.
If CRYPTOCAP:SOL continues to climb, $75 would be a good place to take some profits.
Solusdtlong
Solana (SOL) coin completed setup for upto 27.50% pumpHey dear friends, hope you are well, and welcome to the new trade setup of Solana (SOL) coin with US Dollar pair.
Recently we caught almost 80% pump of SOL as below:
Now on a daily time frame, SOL has formed a bullish Gartley move for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Time for consolidation? So as we know Solana made higher and went straight to 68 without even consolidating in last month and hit our first and second Take Profit target. There could be H&S pattern might be forming in 4H TF which means we could see 40-39 area or even go down to 33 area. But remember there is a huge support zone at 48-45 area. I wouldn't go into short position. Once Bitcoin Dominance goes down every alts will move like its bull-run.
SOL DEX Adds 3 Billion in New Trading Opportunities - Time to GoSOL DEX (decentralized exchanges) has recently added a staggering 3 billion in new trading opportunities, and it's time for you to take advantage of this exciting opportunity!
Imagine the possibilities that lie ahead as Soldex and Raydium, the leading decentralized exchanges, expand their trading volume by billions. This remarkable achievement not only demonstrates the growing popularity of SOL but also signifies the immense potential and trust placed in this cryptocurrency.
Now, you might be wondering, "What does this mean for me?" Well, let me tell you - this is your chance to go long on SOL and ride the wave of success! With the addition of 3 billion in new trading, SOL is poised to experience substantial growth and present you with potentially lucrative trading opportunities.
Why should you consider going long on SOL? Here are a few compelling reasons:
1. Unprecedented Trading Volume: The addition of 3 billion in new trading opportunities has catapulted SOL to new heights, attracting a diverse range of traders and investors. This surge in trading activity presents an ideal environment for profit potential.
2. Strong Market Demand: SOL has been gaining significant attention and recognition within the crypto community due to its innovative technology, scalability, and robust ecosystem. As more traders flock to SOL DEX, the demand for SOL is expected to surge, which can drive up its value.
3. Future Growth Prospects: SOL's impressive track record and continued development make it a promising investment option. With its commitment to scalability, security, and efficiency, SOL is well-positioned to become a leading force in the crypto market.
So, what are you waiting for? Seize this opportunity to get in on the action and go long on SOL today! The momentum is building, and you don't want to miss out on potential gains.
Remember, success often favors those who act swiftly and decisively. Don't let this incredible chance pass you by! Take the leap and go long on SOL now.
Journey with Sol (EMA 20 > 50 & 100, and RSI balanced at 58Solana is then a shining star that has been catching the attention of experts and investors alike.
What makes Sol truly special? Let me paint you a picture: imagine a scenario where the Exponential Moving Average (EMA) 20 is soaring above both EMA 50 and EMA 100, indicating a bullish trend. Simultaneously, the Relative Strength Index (RSI) holds steady at a balanced 58, signaling a perfect equilibrium between buying and selling pressure. Now, doesn't that make your inner trader dance with joy?
Given these promising indicators, I wholeheartedly encourage you to consider getting on board with Sol. This gem has the potential to bring some serious sunshine to your portfolio. It's time to capitalize on this golden opportunity and embark on an exciting journey towards profitability.
So, don your shades and join the ranks of successful traders who have already aligned themselves with Sol. Take action today and seize the moment to go long on Sol, setting sail on a happy and prosperous trading adventure.
Remember, opportunities like this don't come around every day. Let Sol light up your trading path and help you achieve your financial goals. Don't wait! Start your sunny journey with Sol today!
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 66.93 | 77.59 | 101.88 and support near 42.64 | 29.01 | 4.72. Entering trades at 60.28 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Solana
▣ Rank: 6
▣ 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: 60.28 ₮
▣ 24HVol: 456,568,655.028 ₮
▣ 24H Chng: 5.219%
▣ 7-Days Chng: 7.22%
▣ 1-Month Chng: 123.40%
▣ 3-Months Chng: 184.97%
◲◰ Pivot Points - Levels :
◥ Resistance: 66.93 | 77.59 | 101.88
◢ Support: 42.64 | 29.01 | 4.72
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 8.67
▣ Last 90D: 4.44
▣ Last 1-Y: 1.91
▣ Last 3-Y: 1.47
◲◰ Volatility :
▣ Last 30D: 1.35
▣ Last 90D: 0.98
▣ Last 1-Y: 0.97
▣ Last 3-Y: 1.32
◳◰ Market Sentiment Index :
▣ News sentiment score is 0.48 - Bearish
▣ Twitter sentiment score is 0.57 - Bullish
▣ Reddit sentiment score is 0.48 - Bearish
▣ 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.
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SOL1h time frame
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SOL is creating an ascending channel after crazy pump. 1.13 Fibonacci Extension is good to predict the resistance which is 70~74, this zone is also the structural resistance that formed from last bull market. Therefore, if you are holding long positions, should pay more attension when SOL reach the zone.
SOL Elliott waves analysis on pitchfan (Daily chart)BINANCE:SOLUSDT BINANCE:SOLUSD BITGET:SOLUSDT KUCOIN:SOLUSDT
I guess SOLANA is going to correct around $48 - $47.6
Then Start the 3rd Elliott wave to $83.
The correction will be around $71 and the final Elliott wave touch $104 (fibonacci 0.382).
The A,B,C correction will dump the price to $77 after that.
SOL SOlANA Technical Analysis And Trade IdeaEngaging in a meticulous examination of Solana's charts uncovers a retracement pattern from its recent high, prominently evident on the 1D and 1W timeframes, we consider a further pullback. The pivotal consideration revolves around whether this retracement will escalate to a 1W entry point, or if there's a potential for a strategic entry at a 1D retracement level. Our video delves into the SOL analysis across these time frames, identifying two possible trade opportunities grounded in market structure, price dynamics, trend analysis, and other critical aspects of technical analysis.
It's crucial to emphasize that the insights presented in this content are intended strictly for educational purposes and should not be interpreted as financial advice. Participating in the cryptocurrency market inherently carries a substantial level of risk, and as such, it is imperative to judiciously integrate robust risk management strategies into your trading plan to adeptly navigate the challenges associated with these dynamic markets.
$SOL to $4,380Fundamentals: Firedancer validator node upgrade expected around Q2 of 2024, pushing TPS over 1.2m+ for a single cpu core.
Technical: Parallel channel on Log Scale showing strong support line. With similar timeline of 21 bull run, we get a target of 4380, slightly above the 1.618 Fib Extension with a blow off top.
Solana Skyrockets to New Highs! Seize the OpportunitySolana, the rising star of the crypto market, has just hit a new milestone by surging above $45, accompanied by positive MACD moves. This is an incredible moment for all of us, and I encourage you to seize this golden opportunity to long Solana!
The recent surge in Solana's price is nothing short of remarkable, and it's a testament to the immense potential and growing demand for this remarkable cryptocurrency. With its lightning-fast transactions, low fees, and robust scalability, Solana has set itself apart from the competition, captivating the attention of both traders and investors alike. Now, with the price soaring to new heights, it's time to ride this wave of success and maximize our potential gains.
The positive MACD moves further reinforce the bullish sentiment surrounding Solana, indicating a strong upward trend. This technical indicator, combined with the fundamental strength of Solana's ecosystem, creates an irresistible opportunity for traders like us to capitalize on this upward momentum.
So, what are you waiting for? It's time to take action and make the most of this thrilling moment! Here's your call-to-action: Long Solana now and position yourself for potentially massive profits. By going long on Solana, you'll be joining a vibrant community of traders who share your excitement for this revolutionary cryptocurrency.
Remember, successful traders are those who recognize and seize opportunities when they arise. Solana's meteoric rise presents an ideal chance for us to ride the wave and potentially reap substantial rewards. Don't let this moment slip away!
To get started, I recommend conducting thorough research, analyzing the market trends, and formulating a sound trading strategy to ensure you make informed decisions. Consider setting stop-loss orders to protect your investments and always stay updated with the latest news and developments surrounding Solana.
Let's embark on this exciting journey together and make the most of Solana's incredible surge! Long Solana now and position yourself for a potentially profitable ride.
Wishing you all the best in your trading endeavors!
Is Solana getting ready to breakout? The next stop is $40+?Hello everyone, today we are going to look at Solana.
For half a year the asset was moving in the sideways channel and failed to overcome the EMA-200 and Fibo level of 0.382. The price went to the correction to the support level around 13$.
Now we can expect a breakdown of EMA-200 and movement to 0.382 Fibo level.
After the fixation above this Fibo level, you can expect further growth in the asset up to $47, but maybe we can stop near $40, because there is a strong resistance level of the price, formed in June 2022.
This is not a financial advice, everything you do you do at your own risk.
$SOL LONG in play. Bossco Algo captured every $SOL bullrun.
BINANCE:SOLUSDT long entry has been in play. Bossco Algo caught every BINANCE:SOLUSDT bullrun.
Pity that TV took down my old post since it referenced an outside URL where entries are called in real time ...
Model Architecture:
• 1,000+ hours of quantitative research.
• 1,000+ machine hours of backtesting & forward testing.
• Based on pure price action, zero bias, zero emotions (see methods tested 👇)
• Long & Short, Execution on 4H timeframe
All methods tested:
Why share?
• It's my model, so I get the model signals first. I'll already be positioned in my longs, so I don't really care if you enter or not. Hedge fund PMs literally have dinners where they talk their own book after positioning.
• Signals are on a high timeframe on liquid assets, so you should be able to get in at the same price. You can't stop hunt me, because I don't post stop losses.
I will never give away the code or the techniques selected . No one gives away proprietary quant models that actually work. Please don't ask.
I don't plan on ever making signal access paid, since I want a public record of proof that the signals are real. I make my money through trading, not scam discords or courses.
Model output is for research purposes only. Not financial advice.
Solana Corrects into Consolidation – Proceed with CautionSolana (SOL) market has undergone a significant correction and is now consolidating. As a trader, it is crucial to approach this situation with caution and a comprehensive understanding of the current market dynamics.
Solana, known for its impressive scalability and low transaction costs, has been one of the standout performers in the cryptocurrency space lately.
While corrections can be unnerving, they often present opportunities for astute traders to enter or add to their positions at more favorable price levels. However, it is essential to exercise caution and conduct thorough analysis before making any trading decisions. Here are a few key points to consider:
1. Analyze the Technical Indicators: Take a closer look at the Solana price charts, paying attention to support and resistance levels, moving averages, and other relevant technical indicators. This analysis will help you identify potential entry or exit points and gauge the overall market sentiment.
2. Monitor Market Sentiment: Keep a close eye on the news, social media discussions, and expert opinions regarding Solana. Understanding the broader sentiment surrounding the project can provide valuable insights into its short-term and long-term prospects.
3. Diversify Your Portfolio: As a trader, it is always wise to diversify your portfolio to mitigate risk. While Solana has shown great potential, it is important not to allocate all your resources to a single asset. Consider diversifying your holdings across different cryptocurrencies or other investment avenues to safeguard against unexpected market movements.
In light of the recent correction and consolidation in Solana's price, it is crucial to approach trading decisions with caution and a well-informed strategy. The cryptocurrency market is highly volatile, and it is essential to stay vigilant and adapt to changing market conditions.
As always, I encourage you to conduct thorough research, consult with trusted sources, and utilize your own expertise before making any trading decisions. Remember, successful trading requires a combination of patience, discipline, and a deep understanding of market dynamics.
P.S. If you have any questions or would like to discuss the current market situation further, please feel free to reach out by commenting below. Remember, cautious and well-informed trading decisions are key to navigating the cryptocurrency market successfully.
Solana's Unstoppable Rally even Raoul Pal is impressedSolana, the rising star of the crypto world, has been on an unstoppable rally, leaving even the legendary Raoul Pal in awe!
Yes, you read that right - Solana's meteoric rise has caught the attention of none other than Raoul Pal himself. The renowned macro investor and crypto enthusiast recently expressed his admiration for Solana's potential and its impressive performance. Now, if that doesn't ignite a fire of excitement within you, I don't know what will!
But let's dive deeper into the reasons behind Solana's incredible rally. It's not just hype; this blockchain platform has been gaining recognition for its lightning-fast transaction speeds, low fees, and scalability. Solana's unique architecture has positioned it as a serious contender in the race to become the go-to platform for decentralized applications (dApps) and decentralized finance (DeFi) projects.
So, what's the call-to-action, you ask? Well, my fellow traders, it's time to seize this golden opportunity and long Solana! With its impressive fundamentals, growing ecosystem, and now the endorsement of Raoul Pal, Solana is poised for even greater heights. Don't be left behind as this rocket ship takes off - now is the time to join the Solana community and ride the wave of success.
Here are a few reasons why you should consider long positions on Solana:
1. Unparalleled Performance: Solana's blockchain technology boasts transaction speeds of up to 65,000 transactions per second, leaving its competitors in the dust. This scalability and efficiency make it an attractive choice for developers and investors alike.
2. Rising Adoption: Solana's ecosystem is expanding rapidly, with a multitude of exciting projects and dApps being built on its platform. From decentralized exchanges to gaming applications, Solana is becoming a hub for innovation and growth.
3. Raoul Pal's Stamp of Approval: When a seasoned investor like Raoul Pal expresses his admiration for a project, it's time to pay attention. His endorsement further solidifies Solana's potential for massive gains.
So, my fellow traders, let's harness this excitement and embark on a Solana adventure together. Long positions on Solana could be your ticket to potential profits and a front-row seat to witness the rise of a true crypto superstar.
Remember, as with any investment, it's crucial to conduct your own research and make informed decisions. But with Solana's impressive track record and the buzz surrounding it, now is the perfect time to dive in.
Don't wait for the train to leave the station without you! Join the Solana community and let's ride this wave of success together.
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Solana Skyrockets 50% with Coinbase Users Fueling the Surge!Solana, the rising star of the crypto universe, has just experienced an astonishing 50% surge, driven primarily by the ever-growing number of Coinbase users embracing its potential.
Coinbase, the renowned cryptocurrency exchange platform, has played a pivotal role in propelling Solana's meteoric rise. As Coinbase users flock to Solana, its value has skyrocketed, making it one of the most promising investment opportunities of recent times. This remarkable surge is a testament to the growing popularity and trust in Solana's innovative blockchain technology.
Now, you might be wondering, "How can I join in on this exhilarating ride?" Well, my friends, I'm here to encourage you to consider seizing this golden opportunity and long Solana. With its recent surge and Coinbase's stamp of approval, Solana is poised to reach new heights, and you can be a part of this thrilling journey.
Solana offers numerous advantages that make it an attractive investment option. Its lightning-fast transaction speeds, low fees, and scalability make it a force to be reckoned with in the crypto space. Furthermore, Solana's robust ecosystem continues to expand, attracting developers and investors alike.
So, let's take a moment to celebrate this remarkable achievement and embrace the positive energy surrounding Solana. It's time to put on your trading hats and consider going long on Solana, riding this wave of success alongside countless other traders who are already reaping the rewards.
Remember, the key to successful trading lies in staying informed and making well-informed decisions. Keep an eye on the latest news and updates about Solana, as well as the broader crypto market, to make the most of this thrilling opportunity.
SOLANA Above Simple Moving Average 200 with $47 target As you may already know, SOL has been displaying impressive performance, surpassing its Simple Moving Average 200 – a crucial technical indicator for traders. Currently trading above this key level and with a resistance target set at $47, it's time to seize the moment and consider going long on Solana.
Solana has been making waves in the crypto space, thanks to its unique features and robust underlying technology. With its ability to handle high transaction throughput at incredibly low fees, Solana stands out as a promising asset to invest in. The recent surge in SOL's price is a testament to the growing recognition of its potential within the market.
This is where you come in! By capitalizing on Solana's upward momentum, you can position yourself for potential profits. While no investment is without risk, Solana's technical indications and positive market sentiment provide a compelling case for a long position. Don't miss out on this exciting opportunity to ride the wave alongside other enthusiastic traders.
If you're ready to take action and embark on this adventure with Solana, now is the time to act. Set your target buy orders above $47 and stay updated on any relevant news that may impact SOL's price movement. Remember to implement proper risk management strategies and consult with your trusted financial advisor before making any investment decisions.
Join the excitement and potential gains that Solana has to offer. Embrace this opportunity to dive into the world of cryptocurrency trading and be part of the success story that SOL is shaping.
Solana poised to attract a million new users on Coinbase!Solana (SOL), a fast-growing blockchain platform, is anticipated to witness a significant surge in user adoption on Coinbase, and I believe it presents a unique investment opportunity worth considering.
Why should you pay attention to Solana? Here are a few key factors that make it stand out:
1. Scalability and Speed: Solana's innovative architecture allows it to process thousands of transactions per second, making it one of the fastest blockchain networks in existence. This scalability is crucial for accommodating the growing demands of decentralized applications (dApps) and ensuring a smooth user experience.
2. Developer-Friendly Ecosystem: Solana offers an extensive set of developer tools and resources, empowering creators to build decentralized applications with ease. This robust ecosystem has already attracted several high-profile projects, indicating the platform's potential for long-term growth.
3. Strong Community Support: Solana has garnered a dedicated and passionate community that actively contributes to its development and expansion. This level of engagement is a positive sign, as a strong community can drive awareness, adoption, and overall value appreciation.
While investing in any cryptocurrency involves risk, the potential Coinbase listing for Solana presents an opportunity to capitalize on the anticipated surge in user adoption. However, as cautious traders, it is essential to conduct thorough research and evaluate your risk tolerance before making any investment decisions.
Considering the promising fundamentals and the imminent Coinbase listing, I encourage you to explore Solana further and evaluate its potential as an investment option. As always, it is crucial to diversify your portfolio and seek professional advice if needed.
Feel free to reach out if you have any questions or would like to discuss this opportunity further by commenting below. Let's navigate the exciting world of cryptocurrencies together!
Call-to-Action: Invest in Solana Today!
Don't miss out on the potential gains that Solana's pump could bring. Consider investing in SOL and explore its potential for growth. Remember to conduct thorough research, diversify your portfolio, and make informed decisions. Together, let's seize this exciting opportunity in the crypto market!
Disclaimer: This idea is for informational purposes only and should not be considered as financial advice. Always do your own research and consult with a professional before making any investment decisions. Cryptocurrencies are highly volatile, and there is a risk of loss.
coinpedia.org