SOLANA is forming a nice pattern!SOLANA is forming a nice pattern on the Daily chart and will break out soon!Longby itsNahmy5
Solana LongNice channel has been forming lately , a breakout from this range ,and solana starts climbing towards 400$ region to 500$ . Things looking good lately , especially with dominance which soon will start going down and this will be a perfect play. Long and strong . Nothing is over . We have just started. Longby CrocoCrypto6
SOLANA TO DUMP?Just a quick & simple update for SOL. I have a few of my entry criteria being met for a trend change short opportunity on Solana. On the daily time frame you can clearly see the crossover of the SMA's (1) The market has pulled back to retest the crossover price area which also lines up with the %61.8 fib retracement level which is additional confirmation for me the trend is changing, coupled with continuous LH's & LL's. I would look to target the $180 price for a target which also lines up with the %61.8 target projected by the Fib. Lets see how it plays out around the current level, if BTC continues to consolidate and looks bearish and all the resistance levels continue to reject on SOL then i'll look for entry on this providing there is confluence on entry criteria. Potential 30% to be made, all eyes on XRP, SOL & BTC for the moment. Don't forget how BTC pans out will have a lot to do with all the Alts, so if BTC pumps it'll void this trade idea as SOL is highly correlated. Shortby h77nry118
SOL/USD "SOLANA" Crypto Market Heist Plan on Bearish Side🌟Ola! Bonjour! Hi! Hallo!🌟 Dear Money Makers & Robbers, 🤑 💰 Based on 🔥Thief Trading style technical analysis🔥, here is our master plan to heist the SOL/USD "SOLANA" Crypto market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 👀 So Be Careful, wealthy and safe trade.💪🏆🎉 Entry 📉 : You can enter a trade anywhere, however I advise placing sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest high level should be in retreat. Stop Loss 🛑: Using the 2H period, the recent / nearest high level. Goal 🎯: 192.00 Scalpers, take note : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release. Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan. 💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🫂 Shortby Thief_TraderUpdated 3
SOLANA BUY SOLANA Solana (SOL) is a high-performance blockchain platform designed for decentralized applications (dApps) and crypto projects. It aims to provide fast, secure, and scalable solutions for developers and users. Here's a quick overview of its key features and characteristics: --- ### **Key Features of Solana** 1. **High Speed:** Solana can process over 65,000 transactions per second (TPS) due to its innovative Proof of History (PoH) mechanism combined with Proof of Stake (PoS). 2. **Low Fees:** Transactions on the Solana network are inexpensive, often costing a fraction of a cent. 3. **Scalability:** Unlike many blockchains, Solana scales without relying on Layer-2 solutions. Its architecture is designed to grow with increasing network demand. 4. **Proof of History (PoH):** This is a unique innovation by Solana, which timestamps transactions to create a historical record, enhancing throughput and reducing confirmation times. 5. **Ecosystem:** Solana supports a wide range of dApps, DeFi projects, and NFT marketplaces, such as Serum (a decentralized exchange) and Magic Eden (an NFT marketplace). 6. **Developer-Friendly:** With support for programming languages like Rust and C, Solana makes it easier for developers to create robust applications. --- ### **SOL Token** - **Utility:** The SOL token is used for transaction fees, staking, and governance. - **Staking:** Holders can stake their SOL tokens to secure the network and earn rewards. - **Market Performance:** SOL is traded on major exchanges and is one of the top cryptocurrencies by market capitalization. --- ### **Advantages** - Extremely fast and efficient compared to older blockchains like Bitcoin and Ethereum. - Robust ecosystem with projects ranging from DeFi to gaming. - Supported by significant venture capital and partnerships. ### **Challenges** - **Centralization Concerns:** A relatively small number of validators compared to Ethereum. - **Network Outages:** In its early days, the network experienced periodic outages during high-demand periods. - **Competition:** Faces strong competition from other blockchain platforms like Ethereum, Binance Smart Chain, and Avalanche. --- Would you like more details about Solana's technology, investment potential, or specific projects in its ecosystem?Longby Hk8081
Solana: Time to buy | go long BINANCE:SOLUSD Solana has found multiple support at 210, daily pivot, daily Anchored VWAP and 50% Fib retracement. Buy entry activated at 230 and Stop loss at 210. First TP 267 and second TP 300. Manage your risk properly. Use trailing stop loss. Longby KhalidUsman11
Solana: Slight Drop on the Horizon?Solana Mirrors Bitcoin’s Movement Solana is currently trying to stabilize around the $194 level, though this support line appears weak. Fibonacci retracement indicates the potential for a further drop to 38% or $191. Fundamentally, Solana remains a strong asset with significant potential . However, its short-term performance is influenced by market buzz, particularly speculation surrounding Trump’s and Elon’s next moves. At this stage, there are no possible options for entering deals, so we remain observing the situation. by themr-im0
Solana Will Moon and the best Memes like DJI - Doge Jones too!Hello guys I am sharing a TA on here which I eventually should not even because it represents a Cheat Code for Solana at this Point. We are looking to see the fifth wave of the fifth wave in this cycle for Solana, firing up as we speak. What am I doing?! - Leverage Position in from 178$ - 20X Higher Margin Spot Position: Buying the Best Meme on SOL with most Logic in my Opinion, Doge Jones Industrial Average (Prank of the Dow Jones) Why best -> It has Logic, you can only prank the DOW once, the market sent it to 15 Million MC in its first push and I am expecting it to go to 30M Market Cap in this Push! I called SPX6900 at 15M MC, Went to a Billion Soooo.... 15X Spot Play right there for you, Just apply Common Sense ! 1BN maybe next year then for the Patient Ones under you. Overall Sol looks amazing, Memes on it will moon, Let's freaking Go!Longby MrMoMoney0
SOLUSD Swing Long Opportunity - A Deeper Dive with TD SequentialBINANCE:SOLUSD is flashing a long signal on the daily chart, with a potential entry point around $175.65, a stop-loss below the entry bar's low, and a profit target at the TI Setup Trend Resistance near $228.95. The Setup: A Perfect Red Setup 9 has appeared on the SOLUSD daily chart, a classic TD Sequential signal suggesting the current downtrend could be nearing its end. This pattern, where the last nine consecutive bars close lower than the close four bars prior, often indicates exhaustion of the prevailing trend and a potential reversal. Distinction and Entry Point: It's crucial to distinguish between a Perfect Red Setup 9 and a Non-Perfect Red 9. The "perfect" setup requires specific price action criteria to be met during the setup, increasing the reliability of the signal. We have a confirmed Perfect Red Setup 9 in this case, making it a stronger signal than a Non-Perfect Red 9. Therefore, the suggested entry point is slightly earlier, looking for a close above the high of the Perfect Red Setup 9 bar, which is around $175.65. This allows traders to capitalize on the reversal sooner while maintaining a disciplined approach with a well-defined stop-loss. Confirmation and Risk Management: While the Perfect Red Setup 9 is a strong signal, confirmation with additional bullish indicators is always recommended. A price flip (Green Setup 2 appearing after the Red Setup 9) or bullish divergence in the RSI could further strengthen the long bias. A trailing stop-loss can help lock in profits as the price advances. Disclaimer: This article is intended for educational purposes only and should not be construed as financial advice. Always conduct your own thorough research and manage your risk responsibly before making any trading decisions.Longby hydtie0
Big Idea: Swing Trade Setup for SOLUSDT BINANCE:SOLUSDT is showing signs of a bullish reversal backed by the Momentum Reversal Indicator (MRI), along with key technical levels derived from daily, weekly, and monthly charts. This trade setup leverages trendline analysis, Fibonacci retracements, and RSI confirmation to identify an actionable swing long opportunity. BINANCE:SOLUSDT Key Levels and Signals Entry Point: Above $195 upon confirmation of a price flip (Green 2 > Green 1 on the daily chart). Stop-Loss: Below the recent swing low of $180 . Take-Profit: Target $228.95 , the TI Setup Trend Resistance level. Risk-Reward Ratio: At least 1:2 , aligning with standard risk management practices. Technical Analysis 1. MRI Signal Overview A recent Non-Perfect Red 9 was detected on the daily chart, signaling potential trend exhaustion of the bearish movement. MRI countdowns confirm that bearish momentum is nearing a conclusion, paving the way for bullish price action. 2. Support and Resistance Support Level: Recent swing low at $180 , which aligns with local demand zones and key Fibonacci retracement levels. Resistance Level: $228.95 , identified as the TI Setup Trend Resistance on the daily chart, acting as a natural take-profit target. 3. Confirmation Indicators RSI: Look for oversold conditions (<30) or bullish divergence to validate the reversal. Trendline Breakout: A break above $ 195 , coupled with a Green 2 closing above Green 1, confirms upward momentum. Fibonacci Retracement: The 38.2% retracement level aligns with the identified resistance zone, adding confidence to the take-profit target. The Trade Plan Action: Go Long 🚀 Entry Trigger: Enter above $195 , only after confirmation of a price flip (Green 2 > Green 1). Stop-Loss: Place below the swing low of $180 to manage risk. Take-Profit: Target the next resistance level at $228.95 , where price may face selling pressure. Trailing Stop-Loss: Use a trailing stop to lock in profits as price moves favorably. Risk Management This trade offers a well-defined risk-reward ratio with clear stop-loss and take-profit levels. Ensure that your total risk does not exceed your portfolio's limits, and adjust position sizing accordingly. Conclusion SOLUSDT presents an exciting swing trade opportunity with favorable bullish signals and technical setups. Watch for confirmation before entering, and be prepared to capitalize on this potential reversal. 📉 Let me know your thoughts or if you see additional confluences! 📈 💡 Disclaimer: This idea is for educational purposes only. Always conduct your own analysis before making any financial decisions.Longby charts-tradingmri0
Solana Bearish Continuation TrendVolume profile analysis on price movement We can expect price to head back to $120 Major support level making that a total drop of ~50% similarly to ALU.Shortby Nathanl190
SOL Daily MeltdownBINANCE:SOLBTC looking for a bounce around 14-15k sats. HODL or nahLongby madmaudo0
Solana Solana two levels, I think 600 in q1-2 Then 200 in summer Then 888 in q4 May the odds be in your favor. Longby CyperTrade0
the market has sold!this is a perfect example on why we should not only focus on a strategy but also on fundementals07:43by HelpingHand_Investments0
Solana Best DCA LevelsAs an investor who likes to act with the DCA strategy, I have compiled the best buy zones for you by determining the support and resistance points for Solana on a weekly basis. I will explain why I named these buy zones in this way. $260 - $202.29 (Not Preferable): Since this level is the psychological resistance level where the previous ATH is located, I think those who have Solana in their pocket should keep it at this level. If an investor who does not have Solana in their pocket wants to buy Solana, since this level is psychological resistance, the probability of rejection and breaking is 50-50. Therefore, it is not a very suitable position for buying. In the correction that will occur in the event of a resistance break, buying would be much more logical. $202.29 - $128.16 (Good to Buy): This level has found good volume in 2024 and a side channel has been experienced. As long as the price does not fall permanently below the moving averages or the Hodrick-Prescott filter that I am currently showing on the chart, this level is a very good buy level. Investors who are especially waiting for an ATH breakout have made their preparations at this level. $128.16 - $87.79 (Cautious): Although it has been used as support twice, this level cannot be considered a perfect buy area since it is a level with relatively low volume. Therefore, it would be more accurate to expect Solana to converge to one side. $87.79 - $48.72 (Not Preferable): Probably one of the worst buy areas on the chart. Volume is almost non-existent. There is a big gap. Therefore, the price moves very sharply from $87 to $48. $48.72 - $28.26 (Good to Buy): This is the area where Solana is starting to recover. It is a good area to buy. $28.26 - $14.48 (Best Place to Buy): I don't know if this level will be seen again, but it is the level where Solana is extremely cheap. While most investors cry at this level, smart investors continue to collect Solana. Any DCA is suitable for investors who think Solana has a 4-digit intrinsic value. This analysis only indicates the best areas.by YavuzAkbay0
Sol Buy Looking Juicy @ 200Sol looking like a good entry potential double bottom and finding support at and around 200 i will close if 190 is invalidated Longby O3LifestyleUpdated 119
SOLUSD double bottom reversal Hi traders, As we can tell, the Solana is facing a pullback waiting for the price to drop more. If it forms to a double bottom reversal, the price is likely to rise soon. Its better to wait the pullback to complete and for the price to retest the previous resistance to confirm it as support. Longby vf_investmentUpdated 5
SOLANA/USD Technical Analysis: Clear Upside Potential To start our TA here let's look at the Weekly Chart. We can see on first look that Solana is at it's all time high for the first time since November 2021 (3 years). It hit a low of $8 in December 2022 (man don't we all feel dumb!?) 🙂 Zooming in to the Daily Chart, we take a look at the 200 day MA. I bring this up now as you'll find me look at it a lot. My hypothesis (which I may have learned elsewhere), is if an asset (especially a crypto asset) is above it's 200-day Moving Average (meaning the current price is higher than the average of the last 200 days), then we are in a Bull Market. The opposite is also true. If we spend significant time below the 200-day and we bounce off of it, we are in a Bear Market. As seen on the chart. What is critical when we cross the line, is that when we retest it, we bounce. You don't want to use this as an immediate rule, as in many cases you can find assets cross below their 200-day. If you are confident in market conditions, this can be an optimal buying or selling opportunity depending on your bet (Buying in a bull market, selling in a bear market). Zooming in further on the chart, we see the most recent consolidation phase for Solana. It is critical when analyzing charts to recognize the different shapes and be able to draw them and understand what they could mean. This is not a foolproof strategy, but a highly probable hypothesis that you can use to try to predict the next move. Use other signals and indicators to test your hypothesis to potentially increase its likelihood, or invalidate it. We are being purely objective. This pattern is clearly a Bullish Pennant Pattern which can be found: reddit.com/media?url=https://i.redd.it/8nrgx1pmbot51.jpg Zooming in even further on the 1 hour chart we note that Solana just peaked over the previous all-time high (ATH) of $260.00 and hit $264.63. It was rejected off of that level, leading to fear. Many people bought the top thinking it would just blast off. Things don't work that way. ATH is a strong resistance and requires significant effort and reason to beat, especially for a top 10 Market Cap coin. So we look at a few indicators to understand what could happen next without making any rash decisions. The first thing I notice is the significant BUY VOLUME as noted by the tall green bars at the bottom of the chart. Secondly, we have a Bullish Falling Wedge Pattern that has printed and now broken out with strong buy volume confirmation. Third, it just so happened that on December 3rd, 2024, the NYSE and Grayscale filed for a Solana ETF with the SEC. Notice how we use multiple data points to help support our hypothesis for a continued uptrend. Knowing the current bullish environment, and what we've seen so far. The most likely scenario is a continued uptrend and a breakout from the ATH. Once the ETF is approved and on the market, institiutional buying could lead to parabolic moves. This is not investment advice. This is objective analysis. Do what you will with the shared data points and please go confirm them for yourself. 🙂 It doesn't stop there. One of the best indicators which is usually overlooked by newer traders is the SOL/BTC pairing. For all cryptos, there is a BTC pairing because BTC is the reserve currency. If we look at the BTC chart on the Daily time scale, we immediately notice the Symmetrical Triangle that has been forming since November of 2023, tightening up to February of 2025. Given all we know, and Bitcoins recent resurgence and ATH nearly touching 100k, this may be another data point that helps support our hypothesis of a continued uptrend in the price of Solana over time. HOWEVER, the symmetrical triangle has an equal chance of going up or down, so we can only be sure a significant move against BTC is imminent, but not the direction. With this in mind, we need to consider the scenarios where the BTC pairing could go up or down as it is more dynamic than a standard BTC pairing. For example, if BTC were to move up, while SOL remained the same, the BTC pairing would go down, even if the USD value did not change. The opposite is also true. Three things give me a more likely BEAR case for SOL vs BTC: 1. The fib extension has maxed out to the 4.236 level, BUT it also has corrected (slightly), so if this is all that it will correct, the BULL case is actually stronger should it make an upward move. 2. If the move is upward, it won't be without resistance. The top line shows the ATH in September 2021. This will be met with resistance before it can make a move up and find new highs. 3. Zooming out shows an "A-B" of what would usually be an "A-B-C" correction, if you follow Elliot Wave Theory (which I do). This makes me concerned that a massive move down is likely. Elliot Wave Theory (EWT) is generally useful but I do find it is not 100% foolproof and should only be a data point. Still, the C-wave correction is very common and may lead us back to the support line shown. Finally, if you remember from above the 200-day MA, this also exists on the BTC pairing. In just the last few days we had a drop in the price of SOL. This drop went below the 200-day MA. This could have been scary for many who track the MA, if they didn't look for the other signs. Transparently, I bought here. tripled down actually. Started when it touched the line, and then kept buying until I couldn't. I didn't get the bottom of the move, but I tracked a support line at $210 USD which is where I'd consider stopping out of my position if it went lower than that. For now, we look at this move below the BTC 200-day and notice the following: 1, A Falling Wedge pattern which you saw in a previously above. 2. The lower white line is also the bottom of the Symmetrical Triangle shown above. 3. The attempted dump led to a massive bounce with significant green volume candles, pushing it back over the BTC 200-day in just a few hours. This was helped by the ETF announcement (but do you believe in coincidences?) - I love seeing this confluence with reality and wonder if it is intentional. One could argue that lower line below the 200-day was a prime buying opportunity IF the move is upward from here, which the fundamentals and multiple analysis data points I've shared here support. THIS WAS A FAKE OUT THEN BREAK OUT. But will it continue? We are breaking over the 200 day MA again WITH VOLUME which is an excellent sign. So what do you do if you want to get a piece of the action and limit your risk at the same time? Don't just go all in on Solana, because risk is REAL in the markets no matter how much analysis we do. A good strategy is to get a small position, and then try to cost average as the price declines. We saw a retrace of the move, and in beautiful CONFLUENCE, we see a bounce off of the 618 retracement at the exact same line as the falling wedge. Will that hold? Will we go lower? Or is it up from here? Only time can tell... MANAGE YOUR RISK. Thanks for reading and be safe out there! This is for informational purposes only and not a suggestion or recommendation to buy or sell any asset or otherwise. You are responsible for your own decisions no matter where you get information. Never invest if you can't afford it and consider all investing gambling. - ShadowfigureLongby ShadowfigureUpdated 212126
SOLANA - Bouncing of 50SMA after 50% retracement on Fibpullback likely completed, to bounce higher based on technicals and broader crypto bull marketLongby FIRE_CAPITAL_SG4
Solana touched $204 and will now target $375Traders, In my previous post on Solana I explained the significance of that blue trendline. When Solana was at $260, I observed that while BTC consolidates with sideways price action, Solana could drop to $204 (pink horizontal support). It did that. In fact, we hit that price several times and so far that support has held. I have now taken a long position and will be targeting $375. on SOL. Here's my quick thesis. First of all, you will notice that inverse head and shoulders pattern. While it hasn't completed yet, nor confirmed, I highly suspect the pattern will play out. There are several reasons why this could be the case. Number one. The rotation of alts is different this year. In case you haven't observed this yet, it goes something like this: Bitcoin pumps either slightly before or sometimes simultaneously with Solana and Solana based meme coins. Often, Solana based memecoins, especially AI genned mcs, are even ahead of Solana and Bitcoin. I have started to observe this recently while looking at my Solana mc list. Many of the Sol AI genned mcs were up yesterday and today. Now, maybe I got lucky and just picked all the right coins to add to my list, but I don't think so. One of my mcs was up almost 900% today at it's peak. That was DEVIN. I am so stoked 'cuz I hold a huge bag in that one. Anyways, I think this is giving me my first hint that the pump rotation is just about to begin again before Christmas. It often starts with SOL based AI mcs first, then other mcs like the OG cats, dogs, and frogs, etc. Then we hit the dex's like Jupiter, Ray, GUAC, Orca, etc. Then you'll see SOL start (maybe in conjunction with BTC). Next you'll start to see other chain based mcs pump along with AI coins like FET, TNSR, AIOZ, NEAR, etc. Last but not least, you'll see the OG Boomer ALTS pump to finish it up. My suspicion is that we get one more round of something like this before Christmas. I could be wrong but so far, my record speaks for itself here so be prepared for this. ✌️ Stew.Longby stewdamus226
Solana - Finally Initiating The Bullish Breakout!Solana ($CRYTO:SOLUSD) is finally breaking above the highs: Click chart above to see the detailed analysis👆🏻 In the end of 2023, Solana create a so called reversal triangle breakout and rallied more than +1.000% over the past couple of months. However looking at the current all time high breakout rally, this might still just be the beginning of the next massive Solana bullrun. Levels to watch: $200, $500 Keep your long term vision, Philip (BasicTrading)Long03:18by basictradingtvUpdated 8891
Resistance Levels in altcoins Concurrent with the indices being at major inflection points crypto has broadly also filled major inflection points. Let's look at the different setups. First we have SOL in the main chart. Inset is the BTC high before the 2022 bear market. Different in a few ways but both the same general idea of a nominal spike above the previous high that fits inside of a harmonic pattern. Most of the things we're going to be looking at have extreme bullish momentum at time of writing but the patterns we're going to be looking at all forecast extreme momentum into their fills. For example, in SOL we are using a harmonic. If this was the end of a harmonic, we'd have just seen the D leg. It is a hard set rule of all harmonics that the most aggressive part of the move is the D leg. Always. The defining characteristic of a D leg is exceptional momentum that builds to the point of looking unstoppable. So anything based on momentum, breaks of anything that's not the actionable fib levels, candle patterns etc - these are all annulled. The D leg is defined by being exceptional by all momentum metrics. I'm sure the other recurring point made against my ideas here will be the halving cycle break out and it's not being enough days yet etc etc. I still have my doubts about the efficacy of the halving thing. I need longer to determine 4 year cycles. Breakout did come right when predicted through. Well done to those who benefited from that. My stance on the halving theory hasn't changed because when people brought it up before I always just told them I don't care. I'm trading TA patterns. They'll get me out early if I am wrong. I'm going to make 1,000s of trades in my life - lots of them will be wrong. It's fine. Everything you can explain with the halving I can explain with fib breaks. And it's still conspicuous to me that BTC and indices continue to move in tandem. Meaning we'd have to class the halving as coincidence or a driver of indices moves. But none of that matters to me. The TA implications if the reversal patterns fail here are quite similar to the bulls halving forecasts. If we break we may end up agreeing on the same thing for different reasons. Or if this is just stop gaming / FOMO inducing, we should be at or very near the end of it now. I like the fibs. Here's some other patterns; Shortby holeyprofitUpdated 444
Solana Bullish DivergenceStrong bullish divergence in hourly on SOL. Sign of a short term reversal in the downtrend. Buy. Longby greencardigan92114