Solana - This just faked out literally everybody!Solana - CRYPTO:SOLUSD - just faked out literally everybody:
(click chart above to see the in depth analysis👆🏻)
Over the course of the past 25 days, Solana dropped a significant -30% and wiped out a ton of bulls before creating a complete reversal. Especially with the current horizontal support level, bulls are taking over again, offering us another major crypto trading opportunity.
Levels to watch: $120, $250
Keep your long term vision!
Philip (BasicTrading)
SOLUSD trade ideas
Solana - Here Comes The Bullish Reversal!Solana ( CRYPTO:SOLUSD ) might head for new all time highs:
Click chart above to see the detailed analysis👆🏻
Just a couple of months ago, Solana perfectly retested the previous all time high and created an expected short term rejection. However, with the current major support area and a potential bullish reversal, Solana remains in a strong market, potentially heading for new all time highs.
Levels to watch: $120, $250
Keep your long term vision,
Philip (BasicTrading)
How to Use Renko Charts for Drawing Support and ResistanceHow to Use Renko Charts for Drawing Support and Resistance Like a Pro
Most traders rely on candlestick charts to identify support and resistance zones—but if you’re still sleeping on Renko charts, you’re missing out on one of the cleanest ways to map market structure.
Renko charts filter out noise and only plot price movement, not time, giving you a stripped-down view of market momentum. That’s exactly what makes them powerful for spotting true support and resistance zones—without all the clutter.
Why Renko Charts Work for Support & Resistance
Support and resistance are areas where price historically reacts—either bouncing or reversing. On traditional candlestick charts, these zones can be hard to identify clearly because of wicks, time-based noise, and volatility.
Renko charts simplify that.
Because Renko bricks are only formed after a specific price move (like 20 pips or using ATR), the chart naturally filters out sideways chop and lets key levels stand out like neon signs.
How to Draw Support and Resistance with Renko
Here’s a quick step-by-step process:
Set Your Brick Size
Use an ATR-based Renko setting (ATR 14 is common), or set a fixed brick size that fits your trading style. For swing trading, slightly larger bricks will work best.
Look for Flat Zones
Identify areas where price stalls or flips direction multiple times. These flat “shelves” on the Renko chart often line up with strong historical support or resistance.
Mark the Bricks, & Sometimes The Wicks
With Renko, you’re not dealing with traditional candlestick wicks. So your levels are based on the tops and bottoms of the bricks, not erratic spikes.
Check for Confirmation
If a level held as resistance and later flips into support (or vice versa), that’s a key zone to mark. These “flip zones” are often hotbeds of institutional activity.
Bonus Tip: Combine with Price Action
Renko charts tell you where price is likely to react—but combining them with price action techniques (like engulfing candles, pin bars, or M/W formations on traditional charts) will give you a lethal edge.
Use Renko to mark the zone, then switch to candlesticks to fine-tune the entry. Best of both worlds.
If you’ve been struggling to draw clean support and resistance levels—or find yourself second-guessing your zones—Renko might be your solution. It’s not about fancy indicators or chart tricks; it’s about removing the noise so you can trade what really matters: structure and momentum.
Are you using Renko in your strategy? Drop a comment or shoot me a message—I want to hear how it’s working for you.
Is a great time for holding Solana?!Hello guys!
What I see:
Ascending Channel: Price has been moving inside a clearly defined upward-sloping channel since the start of 2023, showing a strong long-term uptrend.
33% Correction: Recently, SOL experienced a 33% correction from its local high, testing the previous breakout zone (highlighted in light blue). This area has now acted as a strong support.
Bullish Signal: Price is attempting to reclaim and close above a key horizontal resistance level (~$132), noted by the text: “If the price closes above this level, then buy it.” A close above this level would confirm a bullish reversal and suggest strength returning to the trend.
RSI Outlook: The RSI indicator at the bottom shows a potential reversal from the lower range, indicating possible bullish momentum building.
Projection: If the price successfully closes above the mentioned resistance zone, the structure supports a potential move toward a new high, as marked by the arrow pointing toward the upper channel boundary (above $250 and potentially up to $300+).
SOL - Longs on the Horizon!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Medium-Term : SOL has been overall bearish and it is currently trading within the flat wedge pattern marked in red.
📍 As it retests the lower bound of the wedge — which perfectly intersects with the $100 round number — I’ll be looking for short-term longs.
🚀 In parallel, for the bulls to take over in the long term and kick off the next bullish phase, a breakout above the $147 previous daily high is needed.
Which scenario do you think will happen first — and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Serios Traders Trade Scenarios, Not Certaintes...If you only post on TradingView, you're lucky — moderation keeps discussions professional.
But on other platforms, especially when you say the crypto market will fall, hate often knows no limits.
Why?
Because most people still confuse trading with cheering for their favorite coins.
The truth is simple:
👉 Serious traders don't operate based on certainties. They work with living, flexible scenarios.
In today's educational post, I'll show you exactly how that mindset works — using a real trade I opened on Solana (SOL).
________________________________________
The Trading Setup:
Here’s the basic setup I’m working with:
• First sell: Solana @ 150
SL (stop-loss): 175
TP (take-profit): 100
• Second sell: Solana @ 160
SL: 175
TP: 100
I won’t detail here why I believe the crypto market hasn’t reversed yet — that was already explained in a previous analysis.
Today, the focus is how I prepare my mind for different outcomes, not sticking to a fixed idea.
________________________________________
The Main Scenarios:
Scenario 1 – The Pessimistic One
The first thing I assume when opening any position is that it could fail.
In the worst case: Solana fills the second sell at 160 and goes straight to my stop-loss at 175.
✅ This is planned for. No drama, no surprise. ( Explained in detail in yesterday's educational post )
________________________________________
Scenario 2 – Pessimistic but Manageable
Solana fills the second sell at 160, then fluctuates between my entries and around 165.
If I judge that it’s accumulation, not distribution, I will close the trade early, taking a small loss or at breakeven.
________________________________________
Scenario 3 – Mini-Optimistic
Solana doesn’t even trigger the second sell.
It starts to drop, but stalls around 120-125, an important support zone as we all saw lately.
✅ In this case, I secure the profit without waiting stubbornly for the 100 target.
Important tactical adjustment:
If Solana drops below 145 (a support level I monitor), I plan to remove the second sell and adjust the stop-loss on the initial position.
________________________________________
Scenario 4 – Moderately Optimistic
Solana doesn’t fill the second order and drops cleanly to the 100 target.
✅ Full win, perfect scenario for the first trade
________________________________________
Scenario 5 – Optimistic but Flexible
Solana fills the second sell at 160, then drops but gets stuck at 120-125(support that we spoken about) instead of reaching 100.
✅ Again, the plan is to close manually at support, taking solid profit instead of being greedy.
________________________________________
Scenario 6 – The Best Scenario
Solana fills both sell orders and cleanly hits the 100 target.
✅ Maximum reward.
________________________________________
Why This Matters:
Scenarios Keep You Rational. Certainties Make You Fragile.
In trading, it's never about being "right" or "wrong."
It's about having a clear plan for multiple outcomes.
By thinking in terms of scenarios:
• You're not emotionally attached to a single result.
• You're prepared for losses and quick to secure wins.
• You're flexible enough to adapt when new information appears.
Meanwhile, traders who operate on certainties?
They get blindsided, frustrated, and emotional every time the market doesn’t do exactly what they expected.
👉 Trading scenarios = trading professionally.
👉 Trading certainties = gambling with emotions.
Plan your scenarios, manage your risk, and stay calm. That's the trader's way. 🚀
Solana – Bear Market Rally or Reversal?Like the rest of the crypto market, Solana started rebounding on April 8th, pushing more than 50% up from the recent lows. But just like with many altcoins, I'm not convinced this is a true trend reversal. Instead, it looks more like a classic bear market rally.
Let’s not forget: SOL is coming down from nearly $300. A bounce from $95 to $150 is strong, yes—but in the bigger picture, it’s still just a correction.
📍 Key resistance zone: $160–$170
As long as price remains under this zone, the probability of another leg down remains high.
🧠 My plan:
If Solana creates a new local high around $160, I’ll be looking to sell into the rally.
🎯 Target:
$100 at least, depending on how the market reacts.
SOL USD LONG IdeaBased on a fibonacci speed fam from the all time low to all time high along with a fibonacci retracement both point out that the price has retraced down to the golden pocket areas. Based on the supoort holding, along with other indicators I'm using points out a very likely move to the upside of ~20%.
SOL/USD "Solana vs U.S Dollar" Crypto Heist Plan (Swing / Day)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟
Dear Money Makers & Robbers, 🤑 💰💸✈️
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the SOL/USD "Solana vs U.S Dollar" Crypto Market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is to escape near the high-risk Blue ATR Line. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸"Take profit and treat yourself, traders. You deserve it!💪🏆🎉
Entry 📈 : "The vault is wide open! Swipe the Bullish loot at any price - the heist is on!
however I advise to Place buy limit orders within a 15 or 30 minute timeframe nearest or swing low or high level for pullback entries.
Stop Loss 🛑:
📍 Thief SL placed at the recent/swing low level Using the 4H timeframe (120.00) Day/Swing trade basis.
📍 SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
🏴☠️Target 🎯: 168.00 (or) Escape Before the Target
🧲Scalpers, take note 👀 : Only scalp on the Long 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 💰.
💰💵💸SOL/USD "Solana vs U.S Dollar" Crypto Market Heist Plan (Day / Swing Trade) is currently experiencing a bullishness,., driven by several key factors.☝☝☝
📰🗞️Get & Read the Fundamental, Macro, COT Report, On Chain Analysis, Sentimental Outlook, Intermarket Analysis, Future trend targets.. go ahead to check 👉👉👉🔗
⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. 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 🤑🐱👤🤗🤩
Weekly plan for SolanaMarked the important levels in this video for this week and considered a few scenarios of price performance
I would like to see price support at the 130 level
Write a comment with your coins & hit the like button, and I will make an analysis for you
The author's opinion may differ from yours,
Consider your risks.
Wish you successful trades! MURA
SOLANA (#SOLUSD): Bullish Outlook & BreakoutSOLANA formed an inverted head and shoulders pattern on both daily/intraday charts.
Following the release of last Friday's fundamentals, the market experienced a significant surge, breaking through its neckline and a strong falling trend line.
This led to a consequent strong bullish movement and change of character CHoCH. These broken structures now form an expanding demand zone.
I will be looking for a buying opportunity in this zone, anticipating a bullish reversal towards the 150 support level.
solusdtThe breakout area has been successfully tested and we will see the next step, the drop to the shaded area.
*In principle, I am not a supporter of any direction, but I am only giving my point of view, which may be right or wrong. If the analysis helps you, then this is for you. If you do not like this analysis, there is no problem. Just ignore it. My goal is to spread the benefit. I am not one of the founders of the currency.
SOL - High Time Frame Technical EntrySOL #6
There are a few coins I am buying now based on the 2 week candle that just closed.
SOL is one of them.
It has printed what appears to be a very tidy high time frame, 3 wave, 1:1.618 Golden Window correction.
The 2 week candle just closed is a bullish long wicked hammer that bounced from within the Golden Window band; just beyond the 1.618.
And so we have the price action signalling that the 1.618 GW has a decent chance to have captured a high time frame pivot low.
If it has then this is now the next wave up.
Worth noting also that although the correction may not appear too deep, this chart is in log and thats a 67% drawdown since January.
Its not too far off the percentage loss of a Bitcoin bear market.
Could wobble in low time frame; who knows really...
I bought more here 👍.
Not advice
Solana: More RoomSolana’s countermovement of the green wave 4 has some more room on the upside. Once the wave-4-top is established (below the resistance at $192.33), we primarily anticipate a wave 5 sell-off down into the blue Target Zone on the downside (coordinates: $56.56 – $29.87). In this range, the wave (ii) corrective movement should conclude, and the altcoin should start the next sustainable upward impulse. However, if the price rises above the mentioned $192.33 mark during the current upward movement (36% likely), this will suggest that the low has already formed via wave alt.(ii) in blue.
Solana Wave Analysis – 25 April 2025- Solana broke resistance zone
- Likely to rise to resistance level 176.45
Solana cryptocurrency recently broke the resistance zone between the key resistance level 145.75 (top of the previous correction A from March) and the 61.8% Fibonacci correction of the downward impulse from last month.
The breakout of this resistance zone accelerated the active impulse wave C, which belongs to the ABC correction (2) from the start of April.
Given the bullish sentiment across the cryptocurrency markets today, Solana can be expected to rise toward the next resistance level 176.45 (former strong support from December to February).
Solana has just made an upward moveSolana has just made an upward move due to liquidation levels. At the $140 level, we will most likely see a brief downtrend again, after which we will set the price target at $174. Based on historical data, this timing would also make sense, and it aligns with the liquidation levels from futures positions.
Solana Climbs Amid Institutional Investments and ETF Backing Solana (SOL) has climbed to $134.35, marking a 0.89% gain over the last 24 hours and an impressive 20.39% increase over the past week. Its market capitalization now stands at $69.37 billion. Although 24-hour trading volume has declined by 14.73%, settling at $3.71 billion, bullish sentiment continues to build around the asset.
Institutional interest has intensified. Real estate fintech company Janover recently added over $10 million in SOL to its treasury. With more than 163,000 SOL now under management, Janover is following a similar strategy to MicroStrategy’s Bitcoin approach — buying, staking, and holding long-term. This move reinforces growing trust in Solana’s infrastructure and staking rewards.
Support for Solana also extends to regulated investment channels. Canadian institutions have backed Solana-based ETFs, adding another layer of credibility. These developments suggest that SOL is transitioning from a speculative asset to a longer-term investment holding.
Technical Analysis
On the chart, Solana recently broke structure (BOS) to the downside, indicating a growing bearish momentum. However, price found support and bounced off after recording a low of $95. Currently, the price is trading towards a high at $147. If it breaks above the the resistance, the price could extend toward $180, with potential continuation. Alternatively, if the breakout fails, a retest of the $110 zone may follow. The volume remains moderate, signaling cautious participation.
The recent bullish activity aligns with institutional accumulation and ETF exposure. Key levels to watch include $110 as support and $147 high as near-term resistance. A sustained move, break and close above $147 may confirm the next bullish leg for Solana.