SOLUSD.P trade ideas
SOL Breakout on the Horizon!SOL has been flashing some strong bullish signals lately. It formed a reverse head and shoulders pattern in August, with a classic cup and handle within. Then, in early October, a double bottom formed on the right shoulder of the reverse head and shoulders. Now, with candlesticks looking to break out of a bullish wedge, all signs point toward a potential breakout. The technicals are aligning, and significant gains are on the horizon.
still following my lines, waiting for pullback towars $220hitting another one of my crucial areas. waiting for pullback towards $220-$215 for long entry
Solana
The dominant trend appears bullish, as the price consistently trends above the moving average and remains near or above the upper Bollinger Band.
Support: Around $230–$240 (middle Bollinger Band and prior consolidation zone).
Resistance: The recent high near $265.
Bollinger Bands: Price retraction towards the middle band could signal cooling-off before resuming the uptrend.
Volume: Watch for rising volume on breakouts above $265 or breakdowns below $230 for confirmation.
Bullish Continuation: If price consolidates and stays above $240, it could aim for new highs beyond $265.
Bearish Pullback: A breakdown below $230 may test lower supports around $200 or the lower Bollinger Band.
SOLANA Is this correction a buy opportunity??Solana (SOLUSD) is on a 5-day pull-back, along with the majority of the crypto market. It is still above both the 1D MA50 (blue trend-line) as well as the 1D MA200 (orange trend-line) coming strong off a 1D Golden Cross. Is this correction, however, a buy opportunity?
Well the last time SOL formed a Golden Cross on the 1D time-frame was exactly 1 year ago (October 22 2023), after coming out of a similar (blue) Channel Down and that initiated the massive October 2023 - March 2024 rally. That rally hit all Fibonacci extensions of the Channel Down successively (2.0, 3.0, 4.0) and consolidated on all of them. Even the 1D RSI sequences between those fractals are similar.
As a result, we expect Solana to hit $315 (Target 1), $515 (Target 2) and $830 (Target 3) within a 4 month horizon.
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Off to Sol we goSol = Sun
Past the moon.
In a galaxy far far away.
Look, We are nearing a major backtest point. Taking a look at the left chart, on the 2 day timeframe, weekly/monthly, whatever you want to use. IT was a MAJOR range. And when you get a multiday/week breakout of a major range like this, AND you come back to test it, confirming support, and confirming that traders like the price above the range, you get a MASSIVE move.
KEEP IN MIND - Its a multiday/week breakout. Meaning it will take weeks and months to play out. This is a long swing. Maybe even stake your SOL and come back at the end of next year.
SOLANA $SOLUSD should continue rally after pullback endsSolana COINBASE:SOLUSD already confirmed bullish sequence by confirming higher high above March-2024 high. Since August-2024 low, it ended 3 of (3) at last peak and expect pullback in 4, which soon will end before it should continue rally in 5 of (3).
SOLUSD SELL ANALYSIS RISING WEDGE PATTERNOn Solusd price has form a rising wedge pattern and now try to move down so if line 225.76 break there is a chance of falling even more and trader should expected to go SHORT with expected profit target of 220.94 and 215.89 . Use money management
The Crypto World pulled back to a .382 today in most if NOT allThe Crypto World pulled back to a .382 today in most if NOT all As well as the reason for the rally and DROP is due mostly because MSTR . He has been Issuing DEBT on his balance sheet to BUY BITCOIN .
Most bullish asset on the planetGo and take a look at SOLBTC chart and tell me if you rather be in Solana or Bitcoin.
Sol is usable, something that ETH lost when it became expensive and elitist...
SOL to mooooon 500$📌SOLANA signal:
Signal 1: Bullish Confirmation with Key Breakout 🚀
Solana has showcased a strong first pump followed by consolidation and another breakout at the second move. The chart suggests the potential for continuation to higher levels. A critical pullback entry zone lies between $235–$237, offering a safer opportunity for buyers to join the trend. Targeting $270 and beyond is now a bullish outlook! 🎯
Signal 2: Target Open Beyond $270 💰
The breakout above $270 could signal the next leg up toward the $500 target. Current price action suggests a healthy pullback structure, aligning with the big pump setup. Keep your stop-loss tight around $212–$222 to protect against market volatility. 📈✨
🔥 Plan your entries carefully and ride the wave toward $500! 🚀
SOL - Aka Sanpei FractalIt seems like SOL is recreating the patterns from 2020, and if that happens; we're going to see 300-500 very soon.
Good luck!
SOLANA - BREAKS OUT to the upsidesolana broke pass resistance at USD 200, going again to all time high - bullish in the short to medium term
Another AttemptA second star is building. I had been stopped out yesterday. Seems that the S/L had been to tight. Nevertheless, I still think that a correction is due.
For now SOLUSD is retesting invh&s neckline as precise supportA good sign that the bottom could potentially be in. Of course there’s always the possibility of some sort of unexpected bald swan to dump the market much further, but even then that could be such a temporary occurrence that by the time the weekly candle closed it still closed the candle body above this neckline. At the bare minimum I get the vibe that at least the monthly candle body can maintain this neckline as support, but we will find out soon enough. *not financial advice*
SOLUSD: 75 Weeks Until ATH?Say what you want, but crypto has an incredibly rich history of adhering to the notorious "4-Year Cycle."
Much of this can be attributed to BTC's halving schedule, whereby block rewards are cut in half roughly every 4 years.
If you look back at BTC's history, and even ETH's first cycle, you'll see it typically takes 3 years (156 weeks) until a new ATH is reach.
I'm going to argue SOL is no different here, as it has network effects of its own that will inevitably lead to price reaching the next wave of price discovery amid a surge in users, developers, and builders.
That said, if we chart out BTC and ETH's price action from previous high to new ATH, we'll see there is a "cup" pattern that forms over the course of 3 years.
If we draw a similar pattern for SOL, we'll see price is following virtually the same trend despite what haters and skeptics are saying. That said, if we assume it'll take SOL 158 weeks to hit a new ATH, there's only 75 weeks left to go....
[SOL/USD] Massive inverted HS & Flag on weekly chartBINANCE:SOLUSD weekly chart showing massive inverted H&S pattern which broken out since Feb 2024 - which followed by malaise price move we experience couple of months back, before we finally see the rally started again.
On recent move, there's also a bull flag being broken out.
EMA could be used as support in case of a pullback.
Cherio...
Battle for the Next Sensation: $SUI vs $SEI vs $SOL!💧 CRYPTOCAP:SUI vs 🌊 NYSE:SEI vs ⚡ CRYPTOCAP:SOL 💥
All three cryptocurrencies have huge potential, but one of them remains undervalued! 🚀
📊 The example of CRYPTOCAP:SOL ’s impressive surge in the previous cycle shows similar patterns in new coins — CRYPTOCAP:SUI and $SEI. The charts clearly show growth phases, which I've marked as Ticker 1 and 2. This allows for a comparison of their dynamics in the early stages.
🔹 CRYPTOCAP:SUI — literally a new coin that has already shown significant growth. Its dynamics resemble the early stages of CRYPTOCAP:SOL , and this could be a signal.
🔹 NYSE:SEI — another young coin that is just beginning to take shape. Its chart also resembles the early phase of CRYPTOCAP:SOL , and it might be the next to experience a surge. 🚀
🔥 Will CRYPTOCAP:SUI or NYSE:SEI be the next to surprise us with a rapid rise? Who will become the new sensation?
Near Resistance but..Continuously in Uptrend.
Cup & Handle + Flag Pattern in play.
Currently seems to be at Important Resistance Area from where it may resist & come down towards 208 - 215 to take support from.
Solana to $750 - BUY & HODLSolana will not go bust, it's too big for that.
SOL ( SOLUSDT , SOLUSD , SOLBUSD ) has great value behind it.
The project is amazing, and it's on SALE!
So, I am holding and adding even more @ $5 .
Yeah... when people are panicking, I buy. :))))
My Technicals:
* Elliott Wave A-B-C Pattern
* Double Bottom
* Demand Zone
* Double Bottom
* Fibonacci Retracements
The Fibonacci Time Zones point me to a Bull Market Cycle starting with '23.
Good luck getting rich! :D
Can we make it to 700 dollars for SolanaThis crypto has been so strong this bullmarket that I am not surprised seeing at least a 700 dollars target.
SOLUSD Cat's Ears patternThe chart analysis you've provided for Solana (SOL/USD) indicates a strong correlation with Polkadot (DOT/USD)'s historical all-time high crash pattern. The "Cat's Ears" pattern at current levels suggests a potential bearish scenario, with the pattern aligning closely with prior major market corrections.
"Cat's Ears" Pattern Description:
The "Cat's Ears" pattern resembles a double peak, often followed by a steep decline in asset value.
This pattern is identified through:
A sharp rise to an initial peak (left ear).
A subsequent decline, a pause or consolidation, and a second peak (right ear).
This setup typically signals the start of a larger downtrend.
Current Projection for Solana:
After forming the "Cat's Ears" pattern, the expected downside target aligns with $130 as the likely support zone in the next cycle.
Solana's chart shows prior rapid ascents followed by similar breakdowns, lending credibility to the bearish outlook.
The timeframe for reversal could coincide with broader market cycles or key events in the crypto market.
Key Takeaways:
This analysis highlights potential market behavior driven by pattern recognition and historical comparisons.
Solana's correlation with DOT's crash could result in price action mimicking DOT's historical moves, given the cyclical nature of market patterns and investor psychology.
Trade Implications:
Short-Term Traders:
Look for bearish confirmation signals near current levels before initiating short positions.
Long-Term Holders:
$130 may present a favorable re-entry point or accumulation zone in the future.
