SOLANA UPDATEShEllo folks! welcome back to crypto trading, this idea base on september open. waiting for price to come back to my POI. target would be 200$ level or above. but cannot clear the highs! wait for 135$ area for longs! This is not a financial advice. Dollar is cheap. Follow for more.Longby D1GITALTRADESUpdated 1
Solana Short TradeAdding another Short Position on Solana. Trading it back into the Weekend range (grey box) taking out the leveraged long entries at 198.700 with a profit target at their margin calls at 197.400Shortby qrDanielqrUpdated 0
Solanas waiting game.Sol has been printing a large cup and handle pattern in the 3D chart. A correction or wick to $100 still doesn’t invalidate the pattern. Patience is key in swing trading. In general SOL has been holding strong thus far.Longby ParabolicPUpdated 6
Quick Solana Long Scalp on a x100 for a +300% profitQuick Long scalp into the top weekend range (grey)Longby qrDanielqrUpdated 1
#SOL/USDT / Ready to go up#SOL The price is moving in a descending channel on the 30-minute frame and sticking to it well We have a bounce from the lower limit of the descending channel, this support is at 185 We have a downtrend, the RSI indicator is about to break, which supports the rise We have a trend to stabilize above the moving average 100 Entry price 187 First target 189 Second target 193 Third target 197 Longby CryptoAnalystSignalUpdated 6
SOLUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. (update) Everything according plan Entry: (first buy ~120, and still have limit order at 95) Targets: 190 - 250 - 330 after first target reached move ur stop to breakeven Stop: (depending of ur risk). ALWAYS follow ur RM risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. DYOR!Longby trytofeelpositiveUpdated 1119
Solana scalp long to $205Just entered solana long. Target $205 See partials on chart. Stop to break even after first target...if anyone wants to follow along. I'm not too confident we'll make it up to $205 but $202-$203 seems highly probable tonight so taking partial there all the way up to $205 Trade is 2-4RRLongby FilnftUpdated 1
SOLUSDT near major daily support and trendline supportAs we can see price is now near green trendline support and major daily support of 150$ and we can expect rise and pump here like the green arrows on chart only if the supports hold else we are looking for targets like 120$ and dump(dump 20% possible now). DISCLAIMER: ((trade based on your own decision)) <Longby MMBTtraderUpdated 2214
SOLUSDT ANALYSIS UPDATE Sol seems to have completed a diametric correction as the g wave is dwarfed another bullish trend is expected to from. by maintaining the green range it can move towards the targets . Closing a daily candle below the invalidation level will voilate this analysis Longby GoldMarketKiller226
SOLANA $SOL BULLISH MOVE IN MAKINGHi, I'm a very strong fan of CRYPTOCAP:SOL price chart. CRYPTOCAP:SOL is one the verge of breaking out of this long consolidation which i believe is time distortion technique used by smart-money. As you can see price is holding up ifvg-on monthly this is monthly chart. I'm expecting a strong breakout in coming weeks and months. buy $140 invalidation $110 target $500-$600 7 month consolidation is not going to be a penny move. lets wait and see! Longby fakeprinceUpdated 2211
Shorting Solana for a +40% ProfitShorting Solana during the Weekend with the $192 target level in mind. Shortby qrDanielqrUpdated 223
Is It Too Late to Join the Solana Rally? A Trader's PerspectiveWith recent market movements pushing Solana toward major highs reminiscent of December 2021, you might be wondering: Am I too late to join the Solana party? Should I wait to buy, or is a crash imminent? The good news is, it's never too late. Whether you're a long-term holder or a futures trader, there are strategies to consider. Long-Term Strategy For long-term investors, the outlook remains bullish. The goal is to identify optimal entry points for buying. As shown in the daily chart above, Solana has broken past the highs of Monday, July 29th, and Monday, April 1st. The liquidity above the last high (July 29th) was quickly absorbed, indicated by the yellow dotted horizontal lines at 0.7% and 1.2% above the previous high. These levels correspond to the liquidation points for positions with 100x and 50x leverage, respectively. While we've surpassed the April 1st high, leveraged positions haven't been fully triggered yet. To confidently enter a long position and increase our Solana holdings, we're waiting for confirmation above the July 2024 high. This confirmation could manifest in one of the following ways: Scenario 1 Scenario 2 However, if the price action resembles this: We should exercise caution, as it may indicate a potential downturn. In such cases, it would be prudent to look for alternative long entry points. Futures Trading For futures traders, similar setups apply for entering long positions. When considering shorts, opportunities might arise near the upper boundary of the current grey zone. One strategy is to set a stop-loss around $202, aligning with significant sell pressure—suitable for high-leverage trades. Alternatively, for lower leverage, placing a stop-loss above recent highs around $205 could be effective. In Summary: Regardless of your trading style, staying informed and vigilant is key. The Solana market presents opportunities for both long-term investors and short-term traders. Analyze the charts, watch for confirmations, and make informed decisions. by qrDanielqr115
Debunking Myths: Understanding the True Potential of the Solana Solana (SOL), the high-performance blockchain platform, has recently made significant strides, breaking through the $200 barrier and surging nearly 9%. This remarkable surge has not only captivated the crypto community but has also ignited renewed interest in the Solana ecosystem and its native tokens. As Bitcoin approaches a new all-time high, the future of SOL-based tokens appears promising. The Solana Surge: A Closer Look Solana's recent price surge can be attributed to several factors: • Enhanced Network Performance: Solana has consistently improved its network performance, addressing scalability issues that have plagued other blockchains. This has led to increased adoption and usage, particularly in the decentralized finance (DeFi) and non-fungible token (NFT) sectors. • Growing DeFi Ecosystem: Solana's DeFi ecosystem has experienced exponential growth, with a diverse range of protocols and applications emerging. This expanding ecosystem has attracted a significant number of users and developers, contributing to the increased demand for SOL tokens. • Positive Market Sentiment: The overall positive sentiment in the cryptocurrency market, fueled by Bitcoin's potential to reach a new all-time high, has also benefited Solana. As investors seek alternative investment opportunities, Solana's strong fundamentals and growth potential have made it an attractive choice. The Future of SOL-Based Tokens The surge in Solana's price has had a positive impact on the performance of various SOL-based tokens. These tokens, which represent a diverse range of projects and applications built on the Solana blockchain, have seen increased adoption and value appreciation. Key SOL-Based Tokens to Watch: • Serum (SRM): A decentralized exchange (DEX) built on Solana, Serum has gained significant traction due to its fast transaction speeds and low fees. As the DeFi ecosystem on Solana continues to expand, Serum is well-positioned to benefit from increased trading volume and user adoption. • Raydium (RAY): Another popular DEX on Solana, Raydium offers liquidity pools, automated market makers, and yield farming opportunities. As the demand for decentralized trading platforms grows, Raydium's innovative features and strong community support could drive its token price higher. • STEPN (GMT): A move-to-earn fitness app built on Solana, STEPN has gained immense popularity, particularly in Asia. As users earn rewards for physical activity, the demand for GMT tokens, which are essential for in-app purchases and upgrades, is likely to increase. • Orca (ORCA): A decentralized exchange and liquidity aggregator on Solana, Orca provides users with access to a wide range of trading pairs and liquidity pools. As the Solana ecosystem matures, Orca's role as a key player in the DeFi space could drive the demand for ORCA tokens. • Potential Challenges and Risks While the future of Solana and its ecosystem appears promising, it is essential to acknowledge potential challenges and risks: • Network Congestion: As the number of users and transactions on the Solana network increases, there is a risk of network congestion, which could lead to slower transaction times and higher fees. • Regulatory Uncertainty: The regulatory landscape for cryptocurrencies remains uncertain, and any unfavorable regulatory developments could negatively impact the price of SOL and SOL-based tokens. • Market Volatility: The cryptocurrency market is highly volatile, and sudden price swings can occur without warning. Investors should be prepared for potential price fluctuations. Conclusion Solana's recent price surge and the growing popularity of SOL-based tokens are indicative of the increasing adoption and potential of the Solana ecosystem. As the blockchain industry continues to evolve, Solana's strong fundamentals, innovative projects, and supportive community position it as a leading player in the space. However, investors should exercise caution and conduct thorough research before investing in Solana or any other cryptocurrency. Longby bryandowningqln0
Solana the most bullish?Solana is showing incredible strength alongside the rising btc dominance which will likely reach 60-61%. Sol is in what appears to be a cup and handle formation. Longby ParabolicPUpdated 5
For SOL/USDT, For SOL/USDT, Current Price Movement: SOL is trading at approximately $202.92, marking a significant weekly increase of 24.85%. Breakout Confirmation: The price has broken out of a consolidation pattern, signaling a potential strong bullish continuation. Price Targets: 🎯 First Target: $229.77 🎯 Second Target: $278.02 🎯 Third Target: $318.56 This breakout suggests a potential continuation of the upward trend, with these targets in sight as momentum builds. Monitoring price action at these levels will be crucial for confirmation. #SOL #CryptoAnalysis #TechnicalAnalysisLongby VIPROSE4
SOLANA: $24.0 Key Levels to Bail Out STUCKHOLDERSreminds me of Tech Stocks and Late Buyers in innovation where the early adopters quietly sold on the way to the top while PUBLIC has always been FOMOED into buying in - Back Tested and Traded for reference by senyorUpdated 363684
SOLUSDT: Bullish Breakout Signals Further GainsSOLUSDT has broken out from an inverse head-and-shoulders pattern, trading around 187.59 USDT. This breakout above the 180 USDT support hints at a potential climb toward 210 USDT. With strong momentum and supportive moving averages below, SOLUSDT is set for a bullish run. Watch for a steady hold above 180 USDT to confirm further upside.Longby SanharaUpdated 21
Solana needs correction#solana #sol price has formed bearish divergence in LTF. A minor correction is needed, but if #solusd loses this channel , then this upside movement will be remain as a " fake out" . CRYPTOCAP:SOL must defend this zone at all costs.by naphyse2
SOL Short tight stop loss above trendlineI think it's a decent short, trendline give us a low draw down trade. It's complex to short such buy pressure be careful. If BTC retrace the whole election move it could print.Shortby Pilipili81
SOL - 200! It's Really That EasyHere is an update to our last 2 posts: If you have been following our tradingview you will have had picture perfect entries for Solana. In the first post we were pointing out how Sol was finding strong support at the 200 MA on the 4H between the low of $155 and $160. We were calling for a rally to the yellow line of $186. In the second post we highlighted the importance of that $186 level and were looking for a flip of old resistance. As you can see from our current post, we broke out of that resistance, retested it as new support, and have seen almost a 7.5% increase to the $200 level! Viaquant's predictions remain the best in the crypto space :)by VIAQUANT1
SOL Cup&Handle on MonthlyThis chart on Solana (SOL/USDT) shows a monthly candlestick pattern, focusing on the cryptocurrency’s price action over time. Here’s an analysis: Key Observations: 1. Cup and Handle Formation: • The green shaded area highlights a “cup and handle” pattern — a bullish technical indicator. • The “cup” indicates a period of gradual decline followed by a rise, forming a U-shape. • If completed, the breakout (indicated by the vertical line above the handle) suggests a strong upward movement. 2. Breakout Potential: • The line projecting upwards shows the expected price level upon breakout. • The breakout target appears to be near $400+, indicating a significant potential increase if the pattern holds. 3. Current Price: • SOL is currently trading around $196.85, up +5.50% today. • This suggests recent bullish momentum. 4. Volume: • Volume indicators (bottom of the chart) support the upward price movement. Increased volume often confirms trends, especially during breakouts. 5. Historical Resistance: • The previous highs around $250–$260 could act as resistance before further gains. 6. Performance Metrics: • Performance over different time periods (as shown on the side) is strong: • 1 Week: +12.49% • 6 Months: +34.72% • Year-to-Date: +93.39% Conclusion: This chart implies that Solana might be on the verge of a major breakout if it successfully surpasses the resistance at the current handle. Traders viewing this pattern would likely prepare for a bullish move, but they would also monitor market conditions closely for confirmation.Longby tmacs11
SolanaHi guys on the weekly time frame; If the red downtrend line breaks upwards, we may be ready to complete the flag pattern. But the situation is not interesting here at the moment. If the red support area ($104.5) is completely consumed, we expect a reaction from the area of $188.4 or $160.3, and the possibility of continuing the downward trend to the specified price area is strengthened. If the support area of $104.5 is preserved and the downtrend line is broken upwards, our mentality for an uptrend will be strengthened. What do you think?Shortby BiTBingoUpdated 3