SOLANA SOLUSDTSolana trying uptrend channel. Target topside 600-800USD for long play.
Doest hurt to stake.
SOLUSDT.P trade ideas
Solana USDT Forecast📈 On this Daily BINANCE:SOLUSDT SOLUSDT chart, we view the data on a logarithmic scale. Crypto assets often grow in an exponential way, so a log chart can give a clearer picture of their trend.
💡 When you catch a trend, move with it. That’s simple!
SOLANA Swings - $240 on the moveAs mentioned on my previous charts, saw a head and shoulder which usually crypto's defy and fall thats a usual.
Buys at 211 to 209 range, cmp buys can be done who have fomo like a bad fomo lol,
aiming till 239 to 241 on the swings.
Sudden flush is expected on all areas close beyond 204 the dynamics change
Solana (SOL): Possible Upwards Momentum To Happen!!!Solana is in an interesting spot where we are seeing some signs of bullish momentum to happen (where after each fakeout below 200EMA we had a decent amount of upward movement).
Now, in order for that move to happen, we need to fully secure our buying entry zone, which would then result in the bullish move.
Now as we fad formed the fakeout, we see currently some weakness to kick in near the zone of pressure, which might lead price back below the 200EMA (resulting in a break of structure and possible further movement to lower zones from there), so as always, we wait!
Swallow Team
SOLUSD With a Bounce on Fib LevelsSolana (SOL/USD) rebounding from the 0.5 Fibonacci retracement level suggests bullish momentum. Enter long positions targeting key resistance levels, with stop-loss below recent support for risk management.
Don't forget to Trade with what you can afford to Loss..
SOL - bullish analysis based Wyckoff theoryIn my theory it’s look like Solana has the potential to keep growing and now I believe we had a correction in phase E (in wyckoff) and now it’s the very last points to join before the big grow.
Some basic explanations about the concepts in the following image:
- bc: buying climate
- sc: selling climates
- ar: automatic rally
- st: secondary test
- tso: terminal shake out
- sos: sign of strength
Lingrid | SOLUSDT Potential Channel BREAKOUTBINANCE:SOLUSDT has been in a downward channel, which is a pullback against the major bullish trend. The price has bounced off the 200 psychological level, gaining bullish momentum. Currently, the market is testing the middle of the range zone, which may lead to some pullback. I think the price move move sideways below the channel border before potentially breaking out of the channel and resuming its upward movement. The fact that the market took liquidity below the previous week's low suggests that there is sufficient buying interest to propel the market higher. Overall, I expect a bullish upward move once the price breaks out of the channel, driven by the underlying bullish trend and liquidity accumulation. My goal is resistance zone around 250.00
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
SOLANA GOING OVER $300 VERY SOON Want to keep this short because I am working a lot of different coins right now. Also, the work is on the chart. I've marked the relevant price levels for resistance and support and included a fib analysis for a price target.
Try and get in on a red candle on a little draw back so you don't experience death by stop hunt.
Good luck Lads.
SOL / USDT :approaching trendline resistance, expecting breakoutSOL/USDT is nearing a critical trendline resistance level. The price has been consolidating recently, setting the stage for a potential breakout. If the price successfully breaks above this resistance, it could trigger a significant bullish move.
Key Points:
* Trendline Resistance: SOL/USDT is approaching a key resistance level that has previously halted upward momentum.
* Volume Surge: A significant increase in trading volume during the breakout would confirm strong buying interest.
* Momentum Indicators: Positive trends in momentum indicators like RSI and MACD suggest bullish potential.
Confirming the Breakout:
* Clear Candle Close: A decisive 4-hour or daily candle close above the trendline is crucial.
* Volume Spike: A surge in trading volume during the breakout indicates strong buying pressure.
* Retest of Resistance: A retest of the broken resistance level as support strengthens the bullish case.
Risk Management:
* Stop-Loss Orders: Implement stop-loss orders to limit potential losses.
* Position Sizing: Adjust position size to align with your risk tolerance and overall trading strategy.
Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Always conduct thorough research before making investment decisions.
2 long zones for long on sol. Looking for price to pullback to the mid range support. If price moves instead to the local top I will wait for a break and enter a long on the retest.
SOL 6H. Solana Heading to $400 in the Medium Term. 12/12/24The asset price is currently stabilizing within the $222-$204 range, which could serve as a critical support zone. Support is the level where the price tends to bounce back as buyers step in aggressively, holding the price at this level.
In the short term, I’m considering a buy position targeting $260, which marks the upper boundary of the current range. For me, this is strictly a near-term goal. In the medium term, I anticipate Solana trading between $300 and $400.
To put it clearly and concisely: I expect further growth for #SOL and do not foresee the price dropping below $204.
DYOR.
$SOL - Consolidation in a bullflag / Channel before new ATH The cryptocurrency Solana ( CRYPTOCAP:SOL ) appears to be in a consolidation phase, forming a bullish flag or channel pattern. These patterns are often interpreted as a pause in the prevailing trend, typically followed by a continuation to higher levels. If the technical pattern plays out as expected, this consolidation could precede a breakout to new all-time highs (ATH).
Analysis:
1. Bullish Flag/Channel Pattern:
- Pattern Characteristics:
The bull flag or channel is identified by a downward or sideways sloping consolidation after a sharp upward movement. In CRYPTOCAP:SOL 's case, the price action suggests a period of reduced volatility within a defined range, indicating a temporary pause rather than a reversal.
- Implications:
This setup is often viewed as a continuation pattern, signaling that the asset is gearing up for another leg higher.
2. Market Context:
- Previous Uptrend:
The presence of a bull flag typically requires a preceding strong upward trend, which CRYPTOCAP:SOL has likely experienced leading up to this phase.
- **Broader Sentiment:**
Market conditions, such as sentiment around cryptocurrency markets and Solana's fundamentals, are pivotal in validating this bullish outlook.
3. Potential for New ATH:
- Breakout Confirmation:
If CRYPTOCAP:SOL breaks above the upper boundary of the flag/channel with strong volume, it could confirm the bullish continuation pattern.
- **Target Projection:**
The height of the preceding rally (flagpole) is often used to project the potential target after the breakout, suggesting that CRYPTOCAP:SOL might achieve or surpass its previous all-time high.
4. Risks to Consider:
- Invalidation:*
If CRYPTOCAP:SOL breaks below the lower boundary of the flag/channel, it could invalidate the bullish pattern, potentially signaling a trend reversal or prolonged consolidation.
Conclusion:
The consolidation of CRYPTOCAP:SOL in a bull flag or channel pattern indicates a potentially bullish setup, with the possibility of achieving new all-time highs. However, traders should monitor breakout levels, volume confirmations, and market conditions to validate the pattern and manage risks effectively.
SOLUSDT.1DThe daily chart of SOL/USDT shows the asset trading within a well-defined range, having recently faced a downturn from the upper resistance level. This analysis will highlight the key price levels, examine the current market conditions, and evaluate the implications of the technical indicators.
Price Action and Structure:
SOL/USDT has been trading within a price channel, demonstrating fluctuations between support and resistance levels. Currently, the price is around $210.35, having retreated from a recent high near the resistance level at $262.33 (R2).
Resistance and Support Levels:
Resistance Levels: The immediate resistance is observed at $202.28 (R1). A breakthrough above this level could lead to a retest of the higher resistance at $262.33 (R2), which has capped previous price ascents.
Support Levels: Key support is currently found at $153.26 (S2). Before this more significant level, a minor support exists at $202.28 (S1), which could provide some stabilization in case of further price declines.
Moving Averages:
Not explicitly shown on the chart, but typically, the placement of the price relative to its moving averages can provide insight into the overall trend's strength and potential reversal points.
Technical Indicators:
MACD: The Moving Average Convergence Divergence (MACD) is indicating a bearish momentum as the MACD line is positioned below the signal line. The increasing distance between these lines suggests strengthening bearish momentum.
RSI: The Relative Strength Index (RSI) is currently at 54.71, indicating neither overbought nor oversold conditions, offering room for potential movement in either direction.
Conclusion:
SOL/USDT is currently in a retracement phase within a larger bullish context. The key levels to watch are $202.28 (S1) for immediate support and $262.33 (R2) for resistance. The current technical setup suggests that while there is potential for further downside towards S2 at $153.26, the neutral RSI indicates that there could be sufficient buying interest to stabilize the price or drive a recovery if broader market conditions remain favorable. Investors should monitor these levels closely along with the MACD and RSI trends to gauge the asset's next directional move.
Sol Short ScalpAdded to shorts.
Entry 227
Tight and flat Stoploss at 229
Targeting 206
Note: Not a Financial Advise.
Major Correction before trying to overtake ETH?This time, we’re looking at the Solarna chart. As you can see, we have a very large overarching yellow structure, and our interim breakout was stopped at the resistance line. On the right, I’ve included an image from a smaller timeframe, and as you can see, we’re currently managing to position ourselves within the reversal zone, also known as the XY level, in a turquoise structure.
I strongly believe this level will push us down into the target levels. Within these target levels lies our overarching yellow XY level. This marks a very attractive area where Solarna has a good chance to regain strength, complete the sequence to the upside, and aim for the $300 mark.
Will this be enough to dethrone Ethereum? Only time will tell.
#SOL reached support zone 📊#SOL reached support zone ✔️
⚡️The entry point of spot trading has been triggered, so the previous reduced position is automatically bought back.
🧠From the perspective of wave theory, the bearish wolf wave here may have ended, and a rebound can be expected.
➡️For futures trading, we do not have much cost advantage, so I will let everyone choose to wait and see. It is not certain whether it will stabilize here. If it continues to break down, it is possible to touch our defense point, and we will turn profit into loss, which is not worth the loss.
👀I need to further observe whether it can stabilize here, and we will participate in long transactions after specific signals appear.
Let's see👀
🤜If you like my analysis, please like💖 and share💬
BITGET:SOLUSDT
SOL up to 300$I hope you are ready for a $300 flight before the new year. I would expect a hike to the 1.618 level and a powerful breakout soon.
SOL Mid-term IdeaSol has a possibility of retesting my support trendline between $160-175. I would aim for that confluence to buy spot or long it from there.
SOLUSDT Buy Zones HighlightedWith the possibility that the cryptocurrency market may not recover by year-end, I’ve lowered my buy positions significantly to reflect a more cautious approach in the current environment.
For SOLUSDT, the blue boxes on the chart mark key support zones where I plan to join as a buyer. These levels are strategically selected for their potential to act as strong support, offering a favorable entry with reduced risk.
Key Levels:
Buy Zones: Blue boxes on the chart
Risk Management: Stop loss placed just below the lower boundary of the final blue box
Target: Monitoring for a bounce and strength confirmation before setting upside targets
Patience and sound risk management are critical in these uncertain market conditions.
Disclaimer: This is not financial advice.
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
My Previous Analysis
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
SOL $260 - Bounce from Support for 26.72% ReturnAltcoins, including BINANCE:SOLUSDT , got hit today and tumbled more than 10%. Nevertheless, the situation remains bullish overall. Solana hit support at $204.00 and bounced right off from it. We're currently targeting the last HH (higher high) at $260.00 which could give us up to 26% in return for this trade. Of course, if we break below $204.00 and close the daily candle there the trade would be disqualified.
We are also inside a bullish flag (blue channel) that looks like a healthy consolidation of the former leg up we made during November.
Support Zone:
$204.00
Resistance/Target Zone:
$260.00
Let me know what you think!
SOL/USDT Bullish Setup SOL has retraced into a key demand zone near $215, offering an attractive long opportunity. This retracement follows a significant Market Structure Shift (MSS), and price is now showing signs of potential bullish reversal.
Key Observations:
1️⃣ Strong Demand Zone: Price has tapped into the demand area near $202–$215, where buyers historically stepped in.
2️⃣ Upside Targets:
First TP: $246 (prior structural resistance and Order Block).
Second TP: $263 (key liquidity area).
Third TP: $300 (psychological and structural level).
3️⃣ Favorable R:R Ratio: This setup offers a solid risk-to-reward profile if managed properly.
Trade Plan:
Entry Zone: $215–$217 for a favorable position.
Stop Loss: Below $202 to protect against invalidation.
Take Profit Levels:
TP1: $246
TP2: $263
TP3: $300
Patience and proper risk management are key here as we watch for bullish momentum to build up. Let's see if SOL can reclaim higher levels and push toward $300!
SOLUSDT Trade LogSOLUSDT Short Setup (4H)
Trade Logic:
- Entry: Short within the 4-hour Fair Value Gap (FVG) following a strong sell signal.
Confluence Factors:
- Overextension: Price shows significant overextension above key resistance levels, increasing the probability of a reversal.
- Market Structure Shift (MSS): Clear break of bullish structure, signaling a potential trend reversal.
- Long Squeeze: Evidence of trapped long positions, adding downward pressure as they exit.
- Declining CVD (Cumulative Volume Delta): Weak buyer momentum during the recent price rally, supporting bearish bias.
- Risk-Reward: Minimum 1:2 RRR with stop-loss above the FVG and a maximum risk of 1% of account balance.
- Target: TP1 at the next structural demand zone; TP2 near key psychological support (e.g., $50).
Macro Context:
- Market Sentiment: Broader crypto market shows risk-off behavior as BTC retraces, aligning with bearish SOLUSDT bias.
- Funding Rates: Positive funding rates indicate aggressive long positioning, increasing short squeeze potential.
- On-Chain Metrics: Declining SOL staking activity and increased token flow to exchanges suggest reduced demand and potential sell pressure.
Keep stops tight and reassess if SOL breaks back above the 4H FVG, invalidating the setup.
SOL short Position Sol rejection from here can send it down pretty fast.
Looking into short position from here.
Above 241 with close sl of 245.
Risky call but have nice RR.
Note: Not a Financial Advise.
