SOLUSD SELL AT SUPPLY ZONE Here on Solusd price form a supply zone around level of 259.20 and is likely to fall so trader should go for short with expect profit target of 238.07 and 218.98 .Use money management
SOLUSD trade ideas
Solana at supportSolana is at a major support level. SOL/USD tapped it's EMA200 at $175 yesterday. Also, it's currently trading near it's S3 level on the TTCATR indicator set to EMA20 with ATR3. Plus, it's RSI is at 31 oversold. And lastly the $180 zone has acted as a resistance area in March, May and July, so now it has flipped that to a support area.
Trade idea:
Long = 180
Stop = 170
Profit = 260
The Case for Shorting SOLUSDT: Key ObservationsRecently, SOLUSDT has shown an impressive 28% recovery within just five days, but this level of volatility might signal a perfect setup for a short position. After analyzing the current conditions, here’s why I believe it’s time to consider shorting SOL:
1. High Volatility Signals Instability
While a 28% recovery in just five days may seem like a bullish sign, such rapid movements often indicate market instability rather than sustainable growth. Volatility on this scale can quickly lead to corrections, as prices struggle to find support at higher levels.
2. Weak Trading Volumes
Despite the sharp recovery, trading volumes remain weak. This suggests that the rally is not backed by strong buying momentum, which is critical for sustaining upward trends. Without sufficient volume, the market may struggle to push through key resistance levels.
3. Moving Averages (MA) Passed
All key moving averages (MAs) have been surpassed during this recovery, but this doesn’t necessarily indicate strength. In many cases, sharp upward movements beyond MAs can lead to overextension, creating a natural pullback as traders take profits.
4. Upper Bollinger Band Breach
The price has reached the upper Bollinger Band, a common indicator of overbought conditions. This typically signals limited upside potential and increases the likelihood of a pullback or correction.
5. Previous High Acting as Resistance
The current price is testing a significant resistance level—the previous high. Historically, such levels act as strong barriers, especially in the absence of sufficient volume or momentum to break through. This resistance further strengthens the case for a potential reversal.
Duration:
This is a short-term trade. Shorting crypto is inherently risky, especially with a fundamentally strong asset like this.
Target:
The goal is to achieve 100% profit. The entry is made on Binance with 25x leverage, using a $43.35 margin, resulting in a total position size of $1,083.
Risk:
This trade is classified as high risk, as shorting is always more dangerous than taking long positions. Proper risk management is essential.
Risky buy on SolanaGiven the relevance of the memecoin space, demand for Solana is now higher than its ever been with no evidence or reason for things to slow down now.
Solana has provided a solid 2 hour pullback and tested support. We should expect the trend to continue. If we hit the target, perhaps we hodl a "Moonbag" hehe.
Solana may retrace to $140 if Bitcoin drops below $90,000Solana may retrace to $140 if Bitcoin drops below $90,000.
Solana and Crypto Market Analysis - 8 hr
A strong 8 hr candle and weekly candle. Part of this is the new official supposedly alleged official trump coin which is on Solana. But isnt this the whole point of solana? Quick and fast solutions.
- 3 day
As mentioned before, Solana was within a descending channel, any green zone areas were good DCA buys ( dollar cost averaging ). We then broke the channel, retested the channel and bounced and pushed upwards portraying a resistance to support flip. Congratualtions if you got in at $180 area.
- weekly
Sol is currently in price discovery mode and also in its 5th extension wave, expecting $300-$320 short term then a retest back to $260-$270 then a further extension up to $490 area. Across this bull run in general, depending on the total mcap across crpyto, it could easily go much higher.
- SOL/BTC 3DAY
Solana dropped down out of the triangle pattern for a good month but tested the previous resistance triangle pattern and actually moved above the triangle signaling another potential move to the upside in the near term.
BTC.D
Looks like BTC is not yet ready to give into alt season easily, it has pushed to test back into the upward channel. all eyes on the 60-62% area to see what happens once BTC retests that area of resistance. It is inevitable a proper alt season will occur and hence, keeping eyes on ETH portrays this.
3 day chart
Etherium is yet to break into new ATH's, once this occurs it will signal the start of alt season. Solana is massively out performing Etherium, please check the SOL/ETH chart for validation.
Total2 Mcap - Weekly
Seems like the total crypto market cap excluding BTC is setting itself up for a move up. Eyeing a 3.04 T target, lets say a 3T psychological target.
What is everyones TOTAL MARKET CAP PREDICTIONS ( including BTC )?
The current BITCOIN rainbow chart still suggests we are in the early to mid phase of this cycle run. Please do search for this, I find that the most simplest of charts are always useful.
The current Pi CYcle Top Indicator chart also suggests BTC has not yet topped yet this bull run.
Other Callouts:
TRUMP Inauguration:
20th Of January marks the day of a new era in the US, with the trump inauguration. a president who is very pro crypto.
Solana is the dominant chain. Solana's 24hr dex volume with 49% dominance. Its volume is way above all other chains combined!
AI ( Artificial Intelligence ) up Solana which is the new topic as of late globally.
Fastest growing dev eecosystem in CRYPTO
America first Crypto Reserve ( although i only believe this for BTC, dont know how numerous reserves like XRP and SOL will work but still a bullish point )
Firedancer already live
2025 4-5 ETFs is ont he cards which is majorly bullish.
Solana has a small mcap vs XRP. What does XRP do compared to Solana?
Overall, Solana still seems to be very undervalued, it's Risk to Rewards ratio is very high. I'll be DCAing for the next 5-10 years. Approach might be now to buy daily instead of monthly. Small incrementals a day.
THIS IS NOT FINANCIAL ADVICE, JUST A TRADE IDEA.
Appreciate feedback plus further analysis and comments.
Short It...Setup has presented itself here and I'm of the belief this has topped this cycle and we're starting the process of a lengthy correction gl.
Why Solana is Worth Buying: A Quick AnalysisSolana has become a standout in the cryptocurrency market, offering an unmatched combination of speed, scalability, and low costs. Its blockchain processes thousands of transactions per second (TPS) with minimal fees, making it a go-to platform for decentralized finance (DeFi), non-fungible tokens (NFTs), and innovative blockchain applications.
From a trading perspective, Solana's strong technical foundation, rapid ecosystem growth, and active community support present an attractive investment opportunity. The platform's continuous updates and partnerships position it as a leader in the blockchain space. As adoption increases, Solana’s potential for price growth remains high, making it a solid choice for traders seeking long-term gains and participation in cutting-edge crypto technology.
Tip: Keep an eye on key support and resistance levels in Solana's trading charts, as it often demonstrates strong momentum around major ecosystem announcements or updates.
Update on Sol swingUnfortunately right after my large entry the market got crushed by a jobs report. This is a benefit of not using leverage, although this trade is on margin, my interest rate is low, and its spot only in an account that has buying power. Since this is a weekly chart we have to evaluate weekly candles, the daily got fairly bearish.
This is also why you need a plan before you enter trades. My plan was to add if we see 190, so I am doing so. My target zone is the green circle, or around 350$ the last day of March. Note a bottoming stochastic RSI and a cooled off BBWP.
SOL daily chart analysis support, resistance and trendlinesSOL left daily chart shows price bounced off anchored vwap (green thin line) and the green trendline as well as the VAH. It went through anchored vwap from the top and is touching a naked POC currently.
Right chart shows support levels below and resistance levels above with the green horizontal line the target.
Don't forget to smash the rocket like button!
SOlANA: will this buy continue?SOlANA: will this buy continue?
This baby has once broken out of the consolidation and descending resistance zones.
Will this buy continue?
Buy for investment, but not buy for tradingMy bias for Solana is extremely bullish and the current price is almost undervalued based on the fundamentals. Therefore, I bought some more Solana yesterday for investment, not trade.
If you are interested in investing in Solana for the duration of this Bitcoin cycle, it is a good time to buy Solana. But if you are interested in leverage trading, I feel you need to wait a bit longer for the right set up to come up. The below is my reasoning for not opening a trade:
The price reached about $265 in late Nov 2024 and retraced to Fib 0.786 level and bounced up. However, there was a big sell order sitting above $220 which is Fib 0.382/the previous week high. I warned in my previous analysis there would be a possibility of another minor correction and that's exactly what happened.
Monday 13th Jan, along with Bitcoin, Solana showed a strong recovery off the descending former resistance and now support line that had been developing over 10 months. The price is now above the previous week's low, the previous month low and also above Fib 0.782.
The daily stochastic reached the oversold territory and now is rolling back up. The 4H MACD is about to enter the bull territory. There are definitely strong confluences that make me want to open a long position. However, there are a few issues that cannot be ignored for a swing trade set up.
The most important and number one rule for me to open a trade is that MACD for a higher time frame needs to be sitting in the zone of my bias. In short, if I want to go long in 4H time frame, the daily MACD needs to be in the bull zone (above 0). Currently MACD is still below 0 and MACD lines are pointing downwards. Therefore, the bear is still in control. I cannot trade, Another issue is the 4H stochastics has already reached the overbought territory. That means the bull is working but has also exhausted its strength for now.
I think Solana will start to move up strongly soon, but the price correction since Nov was quite deep. Therefore, it will take a while for Solana to start a strong rally.
Trump Coin Marked the top in Solana - Bullish again at 1000maEver since the hype and network crowding caused by Trump coin on the weekend before Inauguration Day, Solana seems to have peaked and had trouble breaking out higher.
Add to that the new uncertainty from DeepSeek ai into tech, and the mood has soured in speculative assets.
In my opnion, short is the way for me for now, as solana and bitcoin are above all moving averages. And I will go neutral below 200 day moving aveages, and very bullish below 1000 da ema.
SOLANA - Sell Idea (Medium-term)The aggressive turn around off the top, coupled with the cross below the key-level of $243.5 is an indication that it is highly likely that price action will continue on this downside trajectory. Our analysis suggests that this current bear cycle is just warming up. Our profit target is the key-level support at $196.10. Stay tuned...
SOL/USD: Approaching Resistance After Recovery🔥 FinCaesar Strategy:
🩸 Short: Below $228, targeting $220 and $210. MACD remains weak, and the price is struggling to hold above key moving averages.
🩸 Long: Above $232, aiming for $240 and $260. Bulls need strong momentum and volume to confirm a breakout.
🔥 FinCaesar Commands:
🩸 Resistance: $232 — A breakout above this level could push SOL toward $240 and beyond.
🩸 Support: $228 — Losing this level may result in a pullback to $220 or lower.
Solana has rebounded from key support levels but remains in a consolidation phase. The MACD is showing a slight recovery, but price action indicates hesitation. A decisive move above $232 could lead to strong bullish continuation, while failure to hold support at $228 may signal another decline.
👑 "Momentum is built on decisive action—hesitation is defeat." — FinCaesar
I rather wait to buy the strength for trading (not investing)My overall bias for Solana is super bullish. I like the weekly price setup. Weekly MACD, RSI and Stochastic are all showing the clear (not strong enough) bullish momentums.
If you are interested in investing in Solana for the duration of the current crypto cycle, it is a good time to buy. However, if you are interested in swing trading (medium term), I will wait for daily stochastic to reset and move to the upside, and 4H MACD lines cross and enter the bull zone (0 level). Last week, there were three occasions where 4H MACD lines almost crossed but failed and ended up moving downside. A strong bullish trend usually happens with MACD moving upside in the bull zone.
It is tempting to buy the dip, but I will wait to buy the strength.
Solana: After the Surge, Time for a Correction?Last week was particularly intense with the bullish breakout from the channel we had identified. Following this breakout, Solana continued its upward momentum, reaching a new high at $295 . This represents an impressive 50% increase, from the breakout level just below $200 to this new ATH (all-time high).
However, this bullish extension was halted by this key resistance level, leading to a pullback. We are now in a corrective phase, which could potentially find support around the $210 level . This area appears to be a strategic zone for a potential rebound and new buying opportunities.
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SOL shortSOL like the rest of the market is following BTC.
The week has barely started and price is reaching lower. The move could be quick and violent.
I studied SOL and I think I might be slowly learning how it moves and the amount of room I need for manipulation.
Let's see what happens.
Long trade
2min Overview
Pair SOLUSD
Buyside trade
Sat 25th Jan 25
7.20 am (NY Time)
1Hr TF Entry
4Hr Structure
Entry 248.70
Profit level 260.96 (4.93%)
Stop level 247.16 (0.62%)
RR 7.96
Reason: Mapping price action from 4Hr to 1Hr time-frame seemed indicative of a buyside trade. Based on the narrative of supply and demand, the ascending triangle formation is utilised as support with directional bias and buyside trade.
Familiar Territory for SOL, pt. 1Currently coiling up in familiar territory. Next post will show current pattern and formation. Is it possible to add another chart pic from mobile? Sorry for my ignorance and inefficiency. Note the date of this one. See the lines?
SOL is aggressively coiling up, 300 USD Solana imminentSolana is being suppressed and it is getting angry. Some major shorts are keeping its price low while big spot buying is ongoing. Shorts were supposed to hold SOL price low or even flush it lower, yet something is not working out for the big forces shorting SOL as it is still in the long-term ascending channel. Any hour now, SOL is likely to break out violently and we will very soon see 300 dollars per SOL.
It is always scary to be bullish after a huge leg up SOL has recently done, but it seems for many SOL has validated its thesis that it may overtake ETH and we may have a corresponding mark-up for SOL price. SOL at the marketcap of ETH would be 820 dollars.
Make of that what you will, but the confuluence of TA, FA, momentum and metrics are a massive confluence.
Swing Trading SOLClosed my SOL trade recently for 49% gain thanks to the JSC - SWING LONG buy signal when it was way oversold end of 2024. Don't really mind what happens next. 81% accuracy is really high win rate.
