Solana Scalping #sol #trendSolana is making higher lows which is a sign for a bullish candle yet to come
SOLUSDT.P trade ideas
Solana Scalping #sol #trendSol is making higher lows which is a sign for a bullish candle yet to come
#SOL: H$ BULLISH NARRATIVEA push to the demand zone with entry confirmation might lead to initiation of new buy order
#SOLANA ⟶ A DROP IS COMING!!!#Solana Analysis Summary
Daily Time-Frame ⏰
In the daily time-frame, #Solana is moving within two bearish channels, one green and one red (as shown) 📉.
After the recent drop, #Solana reacted positively to the mid-line of the lower channel and moved toward the top of the upper channel 📈.
Currently, it is struggling with the upper channel resistance.
In such cases, before continuing the upward movement and breaking out of the upper channel, we often see a pullback towards the mid-line or the bottom of the channel, from which growth can resume again.
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Let's break down the scenario further:
Before the upper channel is broken upward, there's a chance for a drop toward the following support levels:
Support 1: Midline of the channel
Support 2: Price range 139.42 - 141.40
Support 3: Bottom of the channel
After hitting one of these three supports, bottom formation can occur, and we may resume the bullish trend 📈.
However, if the upper channel is broken upward from the current zone in the daily time-frame (valid break and confirmation), growth will continue without pause towards the next growth targets 🚀.
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Important note on the lower time frame:
If growth happens from this zone, there’s a key detail that complicates things, which will be covered in the lower time-frame analysis I'll send later.
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Next growth targets in case of either bullish scenario:
🎯 Target 1: Price range 166.83 - 168.84
🎯 Target 2: Price range 195.93 - 202.33
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Stop-loss for the temporary drop scenario and continued growth (entering a deeper bearish phase):
If the upper channel is broken downward again, #Solana could continue its drop within the lower channel toward the mid-line and bottom of the channel 📉.
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Solana Analysis Summary
4-Hour Time Frame ⏰
In continuation of the daily time-frame analysis 📊:
Based on the daily time-frame, the next likely move is a drop 📉.
There are two possible scenarios for a drop towards the mentioned support levels:
Scenario 1:
Considering the touch at the top of the daily bearish channel and the break of the divergence trendline in the 1-hour time frame, this confirms the drop toward the mentioned support levels 📉⚠️.
Scenario 2:
A temporary rise to the 166.83 - 168.84 range, followed by a drop based on the rising wedge pattern, targeting the same support levels 📈🔄📉.
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When will growth toward the second target of the main analysis continue without interruption, even with the wedge-based drop?
If the price touches the divergence trendline in the 1-hour time frame, forms a bottom, rises again, and breaks the upper wedge line upward, without re-entering, then it can continue growing based on the continuation pattern of the rising wedge (without interruption) 🚀.
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Note:
Considering the position of the recent bullish trend-line (from the mid-line of the lower bearish channel), the first and second support levels have a higher priority for stopping the likely drop and forming a bottom compared to the third support 🛡️.
The third support (bottom of the upper bearish channel in the main analysis) can only act as a base for bottom formation if a reversal pattern like a double bottom forms at this level 📉💡
SOLANA 30M TFRAME LONG ENTRY (29/9)Hello fellas!
as we waching the critical levels of cryptos here a short term long pocition for Solana.
entry 155$
stop 153
take 159
Solana prepares for breakthroughWe see a long accumulation, a stop after an upward trend
At $125 there is serious support, which we have tested many times, now we are making another approach to the trend line
We are moving in a global ascending channel and so far it looks like continued growth and renewal of the maximum
160 and 190 are local resistances, but there is a high probability of a powerful breakout and an exit beyond these levels at the same time
Take profit target is $300. Spot long, with current levels this is a good potential 100%
#SOLANA'S BULLISH RUN CONTINUES! (KEY SUPPORTS AND TARGETS)Solana Analysis Summary 📊
1-Hour Time Frame ⏰
The short-term trend for #Solana is bullish 📈 as it remains above its weekly and monthly support levels. As long as Solana stays within the bullish channel in the 1-hour time frame, this bullish-trend can continue with strength 💪.
There are two key support levels for forming a bottom in this bull-trend:
First Support: The midline of the 1-hour channel and static support at 149.94 (which it has currently touched) 📍.
Second Support: The bottom of the 1-hour channel and static support at 145.87 📉.
If the 1-hour channel bottom is lost, Solana’s trend will remain bullish, but we could see a temporary drop to the support zone of 139.04 - 141.40, where it might form a bottom and resume its growth 🚀.
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Growth Targets:
🎯 Target 1: 155.73 - 156.79
🎯 Target 2: 160.85 - 162.30
🎯 Target 3: 166.83 - 168.84
I don’t expect any further growth beyond Target 3 at the moment.
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Stop-Loss for Solana’s Growth Scenario and entry into a new bearish phase:
A break of 139.04 support on the daily time frame 🛑. In that case, the analysis will be updated.
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Share your thoughts about #Solana with me and others in the comments below 💬.
SOL in tight range SOL / USDT
Since months SOL was trading in tight range 110$-130$ as support
And 160$-200$ as resistance
Price start to show bullish signs which can lead us to attack the resistance again from around here
Breakout this range in any side will lead to explosive wave for that side but until now we trade the range
SOLUSDTmy entry on this trade idea is taken from a point of interest BELOW an inducement.. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. just a trade idea, not financial advise
SOLUSDT: Trading strategies and trends!SOL/USDT is showing a clear bullish structure, supported by a potential 5-wave Elliott pattern. After bouncing off the key support zone at $153.65 (Wave 2), it’s likely to continue its upward momentum.
Entry: Consider buying near $153.65.
Target: First target at $160 (Wave 3), with an extension toward $165 (Wave 5).
Stop Loss: Place below $150.64 for risk management.
The uptrend is supported by strong market sentiment and positive Solana ecosystem developments, making further upside probable.
this damn "R" AgainHi dear
Solana test this resistance zone three times before and each time wasnt able to break it
price had huge movement and need more power for next movement so by the way
SOL is 3rth cryptocurreny in coin market cap
For Traders : Leverage 30x sol/usdt short
long time Target sol price : 129 !
SOLUSDT Flag Pattern Alert - Potential Breakout Ahead!SOL/USDT is currently forming a flag pattern within a key support and resistance zone. After several days of consolidation, the price action indicates a possible breakout. Watch for a decisive move above the upper boundary of the flag, which could signal a sudden upward momentum. Remember to always set a stop loss to manage risk effectively.
SOLUSDT (4h Chart) Technical analysis
SOLUSDT (4h Chart) Currently trading at $146
Buy level: Above $146.5
Stop loss: Below $140
TP1: $150
TP2: $155
TP3: $165
TP4: $180
Max Leverage 5x
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
SOLUSDTmy entry on this trade idea is taken from a point of interest BELOW an inducement.. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. just a trade idea, not financial advise
Expect a Breakout Soon📈 We Had a Perfect Impulsive Move from 127$ Support And Currently There Is a Bull Flag Formed At The Chart By The Perfect Corrective ABC Structure, Expect a Breakout Toward a 159.5$ As a Next Station
SOL Short Scalp Trade IdeaWanted to try this a little earlier, but got caught up with something.
Trying this short here as I see some rejection from the 15 MIN Key Level and then possibly targeting 151.81 as the final TP.
Entry Price: 154.05
SL: 155.35
TP1: 153.33 (A closer target)
TP2: 151.81
Ideally I'd have loved it to retest the trend line, but since it hasn't done that, there is a small possibility that it'd do it making this a little risky which is why I have the SL a little wider.
Just going to wait and watch now.
Let me know your thoughts on SOLANA (SOL). Together we can make the right trades :)
Happy trading!
2:1 RR 7% longBased on Solana still having some time to breathe and not yet hitting its ultimate price targets, a trade along these lines seems reasonable! Lots of good support levels and a trend!
SOLANA - Second Wave Incoming?Everyone's favorite altcoin, at least in this cycle!
Let's study CRYPTOCAP:SOL 's behavior so far and see how much gas it has left in the tank.
Macro View
The month is looking promising! It's currently trading above previous month high and 2023 yearly open (key level) . What does this mean? Two possible outcomes:
The trend will stall for another three months before reaching new ATH (all-time highs).
The trend will issue a new bullish signal at the close of this month if it reaches $200.21.
The latter scenario has a higher probability, so let's explore it a little further
If the trend confirms within this month - let's say it doesn't but August does print the bullish signal - the price targets will be at $438 and $1,531 if things pick up nicely.
The second target remains within reach as the consolidation period features multiple equal highs. This calls for a strong move to the upside once things line up, as they are doing now.
Actions to take:
Bid this near $170 and have some last bids at the current monthly open ($148 - $152)
Add to spot buys if price hits $200 before the July monthly close.
Trade is meant to be long term, so be patient as I still think it presents the best and safest setup.
Below $140 the idea is invalidated :(.
Why SOL Momentum Isn't Fake This Time?
Since March 1, 2024, SOL has been holding above $126 and is about to complete its 7th month at this level.
During this 7-month horizontal period, the price has formed 3 highs and 3 lows. The probability of the 4th high being even higher is greater because it has held its main support above $126 for this period, indicating a healthy accumulation.
Boxes
Looking at the boxes, we see that the price moved horizontally for a few days in the left blue box, then moved horizontally for a few days in the yellow box, and continued upward.
Looking at the right boxes and the same price regions, we see that the best-filled low region is the blue box, which is the 3rd low region. This is because the candles in the blue box were completely contained within this price range, filling it well. This pushed the price to the yellow box region.
In short, we see a price that is moving forward with a healthier accumulation compared to previous periods. This makes the picture bullish for now.
We can use these box regions as support in case of potential pullbacks. If we lose these regions, we can change our minds. But it may continue upwards without spending more time there.
Explanation of technical terms:
Accumulation: The buying of an asset over time, often at a lower price. A healthy accumulation phase is considered bullish.
Highs and lows: These refer to the highest and lowest prices reached during a specific period.
Support: A price level where buying interest is strong enough to prevent the price from falling further.
Boxes: These are likely referring to specific price ranges or patterns on a chart.
SOL Diamond and Going Up 2nd Time !Solana formed a diamond formation between April 2023 and September 2023 and broke it and went up. The price has now broken above a similar diamond formation in the same month 1 year later.
Repeating the process as it has done so far will push the price up.
Will the rise start in September 2024 as it did in September 2023?
Solana (SOL): Getting Ready For End Phase of Triangle PatternSolana is approaching the final phase of its triangle pattern, and we’re considering two possible scenarios:
1. Potential 26% Upside Move: The price is nearing the upper resistance zone and remains above the EMAs. We’re watching for a potential breakout, followed by a re-test of the broken zone. If the re-test is successful, we could see a strong upward move from there.
2. Potential 30% Downside Move: If the price faces rejection at the upper resistance or the breakout fails, we’ll shift focus to the support zone. A break below this support, followed by a successful re-test, could lead to a significant downward move.
Swallow Team
SOLUSDT today The SOLUSDT chart shows a bullish trend within an ascending wedge pattern. The price is currently approaching the resistance zone around 153.42 USD. After hitting this resistance, we might see a short-term pullback before a potential breakout occurs.
Key Insights:
The price has tested the upper resistance twice (red arrows), and a breakout above this level could signal a strong upward move.
The ascending support line (green arrows) indicates that the overall trend remains bullish.
If the price holds above 149–150 USD after a potential pullback, there is a high chance of an upward breakout toward the 158 USD level.
Prediction: If SOLUSDT can break and close above 153.42 USD, expect a bullish continuation toward 158 USD. However, if the price pulls back to retest the ascending support line, this could provide a good buying opportunity before the next upward move.
