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SOLUSD trade ideas

Lesson for Bears Solana is here to stay and here to thrive. In the volatile within the volatile crypto world nothing a certain, of course, but this cycle this particular chain will not be stopped. There are simply too much innovation that is impacting the entire industry In and beyond crypto. SOL rose from the depths to become #3 chain this cycle and it is not done. Foolish to predict it will go down beyond normal market corrections. This Doesn’t happen out of the blue point beyond a black swan event. We have a steady rise in store that could take us far beyond.ATH. When you ask? When global liquidity comes to 3-10 trillion It is a safe bet that SOL Will benefit and rise significantly. The rise of SOL Benefits all chains. There are applications like wormhole and and others that Facilitate bridges in and out of SOL. Finally, I’ve said this before, but SOL moves fast when it finally moves. It throws hard sharp long GOD candles when it decides to move in either direction that usually signify entire market moves. None of this is financially advice just my abs observations as an investor. Good luck!
COINBASE:SOLUSDLong
by cryptoseedjohnny
SOLANA BULLISH MOMENTUM!! GOING UP TO $200-$240Solana Bullish Momentum! On June 27, 2024, Solana is showing some strong bullish momentum, with a potential price target between $200-$240. The formation of a butterfly chart pattern suggests this upward movement. This pattern, often seen as a sign of a price reversal or new trend, indicates that Solana might see a significant rise before any correction happens. Increased trading volume and confirmation from other technical indicators like RSI and MACD add to this bullish outlook. Additionally, support and resistance levels suggest that Solana has room to move up before hitting overbought territory. This is definitely something to watch closely, as Solana's movements in the near future could lead to major changes in the crypto market. Don’t miss out on this opportunity! #Solana #Crypto #Bullish #ButterflyPattern #TechnicalAnalysis #MarketAnalysis #CryptoTrading
BINANCE:SOLUSDLong
by anandahaidarr
SOLANA - Top In Place! Down We Go...In our last analysis, we shared an unpopular opinion where we forecasted Solana to move down towards the $10 region. We appear as if we've made the top and looking for further downside. The overall pattern we're seeing is a 535 Zigzag correction. We had our confirmation to sell as the break of the red trendline, which we used to signalise the end of wave B and the start of wave C. We're keeping invalidation levels for the bearish scenario above 210. We'll be looking for further shorting opportunities. We'll be sure to update when we see another entry point! Goodluck and as always, trade safe!
BINANCE:SOLUSD
by WicktatorFX
24
Knock Three Times.....Solana chart is looking very nice. Currently the 1 hr is above the 200 and 50 MA and those are about to cross. Very Bullish! After the 123.00 support held strong in the face of strong bear attacks, Sol started climbing fast and now has breached 139 and 138 3 times hopefully signaling a push into the 140s 150s regions. Solana chain has been releasing a flurry of new developments which are nothing short of revolutionary for ALL CRYPTO - ZK compression that makes it way way cheaper to use SOL on a large scale + Actions and Blinks SOL and Partners innovation that makes it immediately possible to initiate SEND SOL transactions and other SOL commands from anywhere. This is a HUGE catalyst and more SOLANA innovation news is coming tomorrow and this week! No financial advice here just pointing out some of what I am paying attention to. Happy healthy trading!
COINBASE:SOLUSDLong
by cryptoseedjohnny
Solana - TWO Bearish IndicationsSolana has lost a longstanding trendline that acted as support since October 2023. The price has been unable to bounce back, and we're seeing a steep decline as bears are outweighing buyers: A Technical Indicator (which I use mainly to determine trend swings from a macro perspective) has just flashed SELL in the weekly timeframe. Now based on previous instances, this took us MUCH lower. These alerts happen in real time when a certain conglomeration of parameters are met (based on Strength, Trend, Averages, Real Time) and so naturally, the higher the timeframe the better the result: The only way we will be safeguarded against a steep incoming drop, is if the price can reclaim the green trendline in the Weekly Timeframe. From a candlestick analysis perspective, seeing Three White Soldiers in the daily could be a step in the right direction ( which is UP ). ____________________________ COINBASE:SOLUSD
COINBASE:SOLUSDShort
by CryptoCheck-
2
solusd buyLots of liquidity has been taken from the downside and now were looking at a new bullish direction, there was a breakout to the upside through the resistance line at 128.85 which tells me there is a new trend forming and that there is strong bullish pressure. We also have 2 to 3 ascending triangles, a new bullish trend, and bullish market strucutre. We also have a nice reaction from the demand zone 128.52, indicators also signal a bullish direction. in conclusion the market is showing bullish behavior and is a very profitable trade.
COINBASE:SOLUSDLong
by seanstone1224
Big moves coming for $SOL, fast horse If you haven't noticed, CRYPTOCAP:SOL has been leading altcoins into the coming bull run. SOL has been outperforming CRYPTOCAP:ETH and MIL:BTC by a big margin. People were selling and panicking out of SOL during the FTX fud but it that had nothing to do with its fundamental. SOL is the most performant L1 by a long shot. Eth went 241% past its ATH last bull run, and if SOL follows a similar trajectory next cycle that puts CRYPTOCAP:SOL at $891 (3.618fib) ... Don't fade CRYPTOCAP:SOL >. SOL is fundamentally stronger than ETH too. DYOR and Zoom out
COINBASE:SOLUSDLong
by citaumeh
9
Bullish bounce?SOL/USD is falling towards a support level which is a pullback support and could potentially bounce from this level to our take profit. Entry: 120.74 Why we like it: There is a pullback support level. Stop loss: 113.29 Why we like it: There is a pullback support level which lines up with the 100% Fibonacci projection. Take profit: 134.42 Why we like it: There is an overlap resistance level which lines up with the 38.2% Fibonacci retracement. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:SOLUSDLong
by VantageMarkets
1
Solana forecast: mostly sunny with upside potential According to ATTMO, Solana is expected to encounter mostly sunny 🌤️ trading conditions in the next 24 hours, indicating slightly bullish potential. Solana is already up 1.8 percent compared to yesterday and is currently trading at around $140. ATTMO predicts rainy 🌧️ trading conditions for Solana in three days, but a recovery and more upside potential ☀️ in seven days. Follow us for more crypto news and weather reports!
COINBASE:SOLUSDLong
by ATTMO