SOL is making a correction#SOL is making a correction which can let the market drop to lower prices as there is some fibo levels to reach and after that can make another rise
SOLUSDT.P trade ideas
SOLStop run LWL into upper falling wedge breaking out > consolidate > ATH BO. weekly not overbought, back inside bolly bands
60% crash for SOLANA to $100 on the horizon?
** A forecast for the months ahead **
SOLANA bulls are tenacious, their resolve for project and price appreciation is unshakable. But we're in the business of making money not pandering to reclusive developers and empty promises.
As with all Ponzi schemes, they melt down as fast as they melt up. We can benefit from those opportunities or supply them. 90% of those reading this volunteer the supply route.
Why should profits now be taken?
On the above 5 day chart:
1) Price action is up 2400% from floor.
2) Price action and RSI Support breakouts.
3) Regular bearish divergence. Unlike other divergences, this one is measured over the same period of time as the bullish divergence in October 2022 that started the bull market. You think this time is different?
4) Gravestone DOJI candle print. (see chart below).
Is it possible price action continues upward? Sure.
Is it probable? No
Ww
5 day Gravestone DOJI
Solana to 288$BINANCE:SOLUSDT
Solana is bullish as it broke the triangle
Entry 242.7
Target 288.0
Stop 213.0
SOL testing resistance*Remember, all the trades i am taking with risk management*
SOL is retesting resistance area with BTC selling pressure. It should go up from here or else will be visiting lows.
$SOL WeeklyBoth USD and BTC pairs showing weakness on SOL. I would like to bid the 200 area if we get a retracement into this. HTF is till bullish, any pullback is an opportunity to buy.
sol usdt long futures"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
$SOL - AnalysisCRYPTOCAP:SOL 4H
1. Harmonic Pattern:
- A potential harmonic pattern is observed, consisting of points X, A, B, C, and D.
- Point D is located at the 0.952 Fibonacci level, indicating the completion of the pattern, and there is an expectation of correction or reversal.
2. Order Block:
- An "Order Block" area is identified near the price peak (range of 156 to 160). This area could act as a strong resistance, with a likelihood of price reversal from this level.
3. Ascending Trendline:
- The price has reacted to an ascending trendline multiple times. This line can serve as strong support, and if broken, it could lead to further price declines.
4. Retest Area or Rise from Here?:
- Two potential scenarios are illustrated in the analysis:
- Bullish Scenario: After reaching the trendline, the price could pull back and move upward.
- Bearish Scenario: If the trendline support is lost, the price may decrease further and move toward lower areas (around 140).
5. Strong High Area:
- This area is marked as a very strong resistance above the price, which, if broken, could lead to significant upward movement, potentially reaching the range of 164 and above.
SOLANA daily butterflyThis will be first post and probably the last if this will not materialize. Plotted daily bearish butterly, I entered long on the C leg with confluence on the Extreme FVG liquid sweep. The harmonic bearish gartley materialize but never reached my entry limit on the 243 level.
Hoping this would materialize. TP will be 0.32 and 0.50 of fib from leg C-D. You could long now but mind your risk.
Short-Term Bearish Setup: Potential 2.45R Sell Trade on Solana (After carefully identifying the support and resistance zones, we’ve identified a potential 2.45R short trade opportunity on Solana for the short term. Here’s the confluence supporting this setup:
The crypto market on the 15-minute timeframe is in a clear sell trend.
Solana also shows a bearish bias on the 15-minute period.
The ADX and DI (200) indicate bearish momentum, while the Stochastic RSI (200) suggests buyer exhaustion.
Wishing you a successful trade, folks!
SolanaImportant resistance for solana one of the best performers of this cycle.
It is also making a hammer on weekly
Solana at a Crossroads: $240 is the Key!Solana (SOL) has been on a wild ride, recently revisiting its all-time high. But don't break out the champagne just yet! A critical resistance level has emerged around $240, acting as a major roadblock to further gains.
Here's the breakdown:
$240 Resistance: This price point is a significant hurdle. Multiple attempts to break through have been rejected, indicating strong selling pressure. A decisive daily close above $240 is crucial for a renewed bull run.
Downtrend Potential: Until that breakout happens, SOL appears to be in a downtrend. Expect continued downward pressure, with a potential target of $180. This area could provide strong support, setting the stage for a potential bounce.
Trade Idea:
Long Oppurtunity: Wait for a confirmed daily close above $240 before entering long positions. Target the previous all-time high and beyond.
Short Opportunity: The current technical structure presents a compelling shorting opportunity for traders with an appropriate risk appetite. Entry points could be considered at the current price or on any failed attempts to break above $240. A prudent stop-loss would be placed above the $240 resistance level, while a price target of $180 is reasonable.
Key Indicators to Watch:
Daily Close: Pay close attention to the daily closing price. A close above $240 is the bullish signal we're looking for.
Volume: Increased volume on a breakout above $240 would add conviction to the move.
RSI: Monitor the Relative Strength Index for signs of bullish divergence, which could foreshadow a price reversal.
Disclaimer: This is not financial advice. Always do your own research and manage your risk accordingly.
Destiny 1H SOLAccording to the daily analysis where a breakdown has occurred, the daily breakdown point must be touched, meaning the range of $180. In this one-hour chart, my perception is that beautiful patterns like triangles and channels are forming, and given the very clear negative divergence, it is evident that it will break from the bottom.
SOL pumping?🔼 Climb to $204.46: This level acts as a key resistance. A breakout above this confirms a bullish continuation.
🎯 Next Target at $364.43: After surpassing $204.46, the next profit target offers a 160% potential gain at $364.43.
🔴 Support Zone at $190: This level is currently holding as a strong support to prevent further downside.
⚠️ Downside Risk: Breaking below $190 could lead to a drop toward $138 or even $116.
✅ Buy Signal: If the price stabilizes above $204.46, it signals a bullish entry.
🚀 Profit Potential of 75%-160%: The chart suggests great upside opportunities if the upward trend continues.
📊 Summary: A breakout above $204 triggers a valid buy signal 🎉, but caution is needed if the price dips below $190 ⚡.
SOL about to full sendNow with the invalidation of our green structure sol is ready to continue its orange uptrend. Question is noww will we see a little pullback to enable the blue strucure? or will we blast right off into our hightimeframe target (yellow structure) it remains interesting.
SOLUSDT formed bullish flag pattern target 280-300With Bitcoin all crypto currencies are booming and SOLUSDT formed a flag and soon breakout is possible.
SOL / USDT#SOL / USDT
CRYPTOCAP:SOL The chart indicates a breakout from a descending channel, signaling the continuation of a bullish trend.
The price is trading at $242.01, showing strong momentum post-breakout.
Resistance Levels and Targets:
Target 1 : $266.75
Target 2 : $296.40
Target 3 : $320.80
SOL LONGlooking to go long on SOL Limit at 233.10
STOP LEVEL: 231.00
TAKE PROFIT: 250.00
APPLY PROPER RISK!!!
SOLUSDTBINANCE:SOLUSDT is all set.
We've got strong support at the 0.618 Fibonacci level.
Looking back at the Fibonacci extension from the start of the first wave in early 2021 and the correction down to $19.21, we can see a crucial support zone that NYSE:SOL has consistently held.
In my view, this marks the start of a new upward trend for NYSE:SOL , suggesting potential upward momentum and bullish opportunities for SOL in the near future
Solana weekly chart Analysis
Solana weekly chart Analysis
Immediate short term target is 300 $
long term target is 500 $
cheers and follow me to build a community
SOLANA LOOKING ALL TIME HIGHS - SOL LONGPrice rejected strongly from the daily demand zone after running the daily swing liquidity. This move created a 4H demand zone. Following that, we saw a break of the bearish trendline, with a retest of both the trendline and the 4H demand.
I entered a position during this retest, even as BTC was aggressively dumping by over $10K, which is why I couldn’t share this idea in real time. However, I am already in this trade and targeting a bare minimum of $271 as the next level.
