I anticipate a rise in SOL to $160 following the consolidationHello everyone!
Congratulations to all on the upcoming new year! I wish you and your loved ones health, prosperity, and success!
Now, let's move on to the idea.
I suggest considering entering a position on SOLANA either at the current values or by placing buy orders around $100-101.
This is a good quote in terms of the round value of $100, so many people are buying the asset in this area, as can be seen on the chart. Additionally, there is a Fibonacci level of 0.236 in this area, and you can see how the price reacts to this zone of interest on the chart.
The expected profit is 42-58%.
Place sell orders from $150 to $160.
This is not financial advice; everything you do is at your own risk!
Solusdtsignal
Trade in two directions(SOL)❤️❤️Thanks for boosting 🚀 and supporting us!
📈I think we are close to the end of the uptrend and we need to correct.
📊According to the analysis, you can take a position in two directions.
🔗 For more communication with us, In the footnote and send a message in TradingView.
👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
#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
🗺️Solana(SOL) Roadmap🗺️🚀Today, I want to analyze the Solana(SOL) project, which has grown more than ➕380% in the last 90 days . Does Solana continue to grow, or does it need to Rest ❗️❓
🙏Please stay with me.
🌐In terms of Fundamentals and News/Rumors for Solana(SOL), Solana(SOL) is in good position, as:
🔸Collaboration with Amazon .
🔸Launch the Firedancer protocol .
🔸Solana's Total Value Locked ( TVL ) has grown well.
⚠️Of course, we saw the impact of all the above during these 90 days in the Solana(SOL) project chart.
🏃♂️Regarding Technical Analysis, Solana(SOL) is moving in the Ascending Channel for about a year, and now it is in the 🔴 Heavy Resistance zone($80.90-$56.20) 🔴 and near the upper line of the ascending channel.
🌊According to the theory of Elliott waves , Solana can be associated with 2-3 scenarios , which means that the grouping of waves with each other can be done in different ways, that Solana's falling wave structure from $260 to $8 was five waves ( main wave A ), so these rising waves created by Solana can eventually continue until the All-Time High(ATH=$260) , and there will be a fall again. In fact, all these waves that have been created in Solana during one year are in the form of the main wave B should be considered.
🌊The point that I can mention about Solana waves is that Solana seems to have completed its impulse wave 5 in the last 3 months soon and needs to be corrected to grow again.
📈Before the conclusion , it is better to take a look at the SOLBTC chart.
💡SOLBTC is moving near the 🔴 Resistance zone 🔴, and according to Elliott wave theory , it seems to be completing the main wave B with a Zigzag Correction(ABC/5-3-5 ).
💡From the SOLBTC chart, we can understand that if the cryptocurrency market falls , Solana will probably suffer more than Bitcoin in the future. If the cryptocurrency market grows , Solana will grow less than Bitcoin.
🔔As a result, according to the above explanation, I expect Solana(SOL) to Fail to break the 🔴 Heavy Resistance zone($80.90-$56.20) 🔴 and probably increase to around $81 at the most and then start to fall to one of the Fibonacci levels or 🟢 Support zone($30.50-$25.80) 🟢.
❗️⚠️Note⚠️❗️: If the 🔴 Heavy Resistance zone($80.90-$56.20) 🔴 is broken, I still think that Solana can increase (maximum) up to $260 , which of course, can be attractive considering the current price.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Solana Analyze ( SOLUSDT ), Daily time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
🟢 SOL - 4H (18.12.2023)🟢 SOL - 4H
Just toying with this SOL long idea as I see a bull flag here - took small long at 68.742 and will add to it at 66.742 if given.
I will target 72.000 (just before the 4H local resistance).
Idea invalidates at 62.541 because if this breaks then next buy zone is around 54.000 😆
Let's see how we do - high risk so using low leverage and low margin.
Entry by trigger for sell (SOL)❤️❤️Thanks for boosting 🚀 and supporting us!
📈Enter if support is lost and be sure to break with a powerful candle.
📊 (sell) : 58.43
🔴 Stop Loss : 60.92
🎯 Take Profit : 56.66 - 54.48 - 51.82
🔗 For more communication with us, In the footnote and send a message in TradingView.
👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
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
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SOLUSDT - SOLANA IdeaHey Traders.. No Comment!!
BINANCE:SOLUSDT SOLUSD
COINBASE:SOLUSD
⚠️ Disclaimer: The viewpoints shared represent my individual outlook on the market, based on publicly accessible information and historical data. While a portion of these opinions is influenced by my actual trades, others are not. It's important to note that I am not a financial advisor, and I do not assume any responsibility for the decisions you make in your trading activities.
✅ Feel free to share your inquiries or suggestions in the comments. I am more than willing to assess and analyze any cryptocurrency, forex currency pair, or stock index that piques your interest, so, Please don't hesitate to ask or mention the specific currency chart you'd like me to review.
SOLUSDT triangle supportCRYPTOCAP:SOL approaching fibonacci support near triangle support, this is a good opportunity to enter bullish market.
we can set 3 different target, at triangle resistance, fibonacci projection and triangle projection
My trading today :
Buy now around 60.163
Pending buy at 58.390
close 50% position at 65.451
close 25% position at 71.000
close 25% position at 88.169
happy trading
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.
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!
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📊#SOL may continue to fall based on the smiley face structure📉🧠We can see from the chart that we have formed a very standard smiley face bearish structure in the resistance zone, so the probability of us falling is greater than the probability of rising.
So we will most likely sweep the liquidity pool below.
⚠️Note that this bearish idea will become invalid if we break out of the resistance zone and continue rising.❌
Let's see👀
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SOLUSDTA bearish head and shoulders pattern appears to be forming on Sol. Upon the breakout below the neckline of the pattern, the anticipated target is $45✅. The current indications suggest that the price is on the verge of breaking the neckline. It's advisable to closely monitor Sol for further developments.
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!
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.
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!