Get started

SOL / UST

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

SOLUST trade ideas

SOLUSDT Price Action Analysis - Bullish Breakout OpportunityThe 1-hour chart of SOLUSDT shows promising signs of a potential bullish breakout. The price has been moving in a descending channel, but it is now testing the downward trendline (blue). A confirmed breakout above this line could signal the start of a strong upward move. Bullish Scenario: If the price breaks and stabilizes above the $187-$190 range, it would confirm the bullish reversal. The first target is $202, a key resistance level based on previous price action. If the bullish momentum continues, the next target is set at $213, aligning with a critical resistance zone and a longer-term trendline. Trading Strategy: Focus on entering a long position after the price breaks and holds above the $187 level. First target: $202. Second target: $213. Stop-loss: Below $180 to limit potential downside risk. The chart indicates strong potential for upward movement if the breakout is confirmed, making this a favorable opportunity for long positions. Proper risk management is essential to handle any unexpected market reversals.
Long
by mohammad_crypt1372
Market - 6H Railroad TracksThis dump has been brutal, but the crypto market might be seeing the first major signs of a potential recovery. If you look to the past dump after the liquidation cascade, we printed 6H railroad tracks before pumping 30-40% across the board and creating a lower high before this drawdown. Railroad tracks occur when price is either pumping or dumping aggressively and as soon as that particular candle closes the market instantly reverses the other way. We are now seeing a similar formation on the 6H candle. Of course, there is still more time to go to confirm this but here we have BTC, SOL, ETH, XRP and many other altcoins. All instantly reversed as soon as the 6H candle closed. If history repeats we should see some sort of relief rally.
by VIAQUANT
Solana (SOL): Possible Break of 200EMASolana coin has had a correctional movement, which resulted in a re-test of that yellowish zone (local support zone). Not that sellers are shwoing dominance near this zone and broke it; we are looking for a further movement to lower zones to happen but only once we manage to break 200EMA on a daily timeframe. The other scenario would be a bounce from that same 200EMA and another rally to the upper zones, breaking again that yellowish zone! Swallow Team
Short
by SwallowAcademy
Is now the time to long Solana?Solana (SOL) has been the most oversold top altcoin, but its over 30% pullback could be a great buying opportunity per some pundits.  Since its November peak, SOL has declined from $264 to a low of $175. But the pullback has hit a key confluence area which, if held, could validate Marty’s thesis. Throughout 2024, SOL’s dumps reversed at the 100-day EMA (Exponential Moving Average, blue). This pattern has repeated in June, July, and October.  As of this writing, the recent pullback stabilized at the moving average ($175). Interestingly, the level also coincided with the golden level (61.8%) of the Fibonacci retracement tool, as measured from September’s lows.  In most cases, price trend reversals happen at the golden ratio level. So, if the pattern repeats, SOL could bottom out at $175 with a potential deviation of $160.  That said, the overall market sentiment was still negative on SOL, which could be ideal for long-term investors eyeing discounted SOL. 
Short
by paul_endeo
SOLUSDT.1DThe daily chart of Solana (SOL) against Tether (USDT) provides insights into the current price dynamics and potential future movements based on technical indicators and chart patterns. Price Action and Trend: Solana's price has been experiencing a downward trend, as indicated by the descending trendline. The recent price action has attempted to recover but faces resistance along this trendline. Key Technical Levels: Resistance Levels (R1, R2): R1: $156.58 - Short-term resistance where the price may encounter selling pressure. R2: $262.33 - A more significant resistance level that could cap further advances in the medium term. Support Level (S1): S1: $120.00 - A crucial support area that has historically seen strong buying interest. Technical Indicators: MACD: The MACD line is below the signal line, suggesting bearish momentum. However, the histogram shows diminishing negative momentum, which could indicate a potential reversal or slowdown in selling pressure. RSI: The RSI is around 43, suggesting that the asset is neither overbought nor oversold, providing room for both upward or downward movement depending on market conditions. Volume and Market Sentiment: The trading volume appears subdued, which typically indicates a lack of strong conviction among traders, thus potentially leading to price consolidation before the next significant move. Conclusion and Forecast: The outlook for SOL/USDT shows potential for a short-term recovery if it successfully breaks and holds above the descending trendline. However, traders should be cautious of resistance at R1 and R2, where previous rallies have faltered. Trading Strategy: Bullish Scenario: A confirmed break above the descending trendline and R1 could open the path towards R2. Traders might consider long positions on successful retests of these broken resistance levels as new support, using appropriate risk management techniques. Bearish Scenario: If Solana fails to sustain above the trendline, and particularly if it breaks below S1, it may signal a continuation of the bearish trend. Short positions could be considered in this scenario, targeting the next support level. Summary: This analysis of SOL/USDT suggests that while the market is currently in a bearish phase, there is potential for upside correction. Monitoring key resistance and support levels, along with indicators like MACD and RSI, will be crucial for timely decision-making in trading this pair.
Short
by MarsSignals
SOLA lot of well known traders are contemplating the idea that SOL MSS has changed. Yes it has changed in the LTF though in the higher time frame, it's still bullish. A failure to close above the weekly high, trend moved towards the previous lows. Now there are two possible scenarios. 1. Reclaim the previous low and move towards the previous high 2. Retrace towards the previous lows and sweep the current low and move higher. I am opting for option 2 but one can trade accordingly
Long
by Shykh_Trades
The Two Archetypes of TradersIn the trading world, markets move in cycles, and bearish conditions are no exception. Here's an educational breakdown of how traders can navigate these challenging times: 1. The Long-Term Holders (Investors) Mindset: Patience is their superpower. Goal: Accumulate assets during bearish trends by buying at key support levels and holding for future gains. Approach: Use the WiseOwl Indicator to identify areas of strong support and potential accumulation zones for strategic entries. 2. The Intraday Traders (Short-Term) Mindset: Adaptability and precision are crucial. Goal: Profit from short-term price movements, capitalizing on market volatility. Approach: Utilize the WiseOwl Indicator to pinpoint bearish momentum for short entries and clear exit levels, ensuring optimal risk management. Educational Example: WiseOwl Strategy in Action Let’s analyze Solana (SOL) on the 15-minute timeframe during a bearish market: Trend Identification: The WiseOwl Indicator highlights a confirmed downtrend with clear bearish signals. Entry Points: Short trade signals are generated at moments of significant bearish momentum. Risk Management: Stop loss and take profit levels, calculated using ATR-based logic, ensure disciplined trading. Takeaways for Traders 📉 Bearish Markets: Holders focus on identifying value areas for accumulation. Intraday traders capitalize on market volatility with precise entries and exits. Happy trading! 🚀 #WiseOwlIndicator #TradingEducation #BearMarket #SOLAnalysis #CryptoTrading
Education
by TraderOuss_LumaNex
Alikze »» SOL | Ascending channel - 1D🔍 Technical analysis: Last corrective leg, to the order block area 📣 BINANCE:SOLUSDT was analyzed and reviewed in the 4-hour and 8-hour time frames in previous posts, which touched their targets. 🟢 It is currently moving in an ascending channel on the daily time frame, which is correcting again to the bottom of the descending channel after reaching the channel ceiling and an unsuccessful breakout. 🟢 Given the current corrective structure, it can have two movement scenarios. 💎 Scenario 1: If it cannot break the red box area, it can continue the correction to the order block area. 💎 Scenario 2: If the red box area is not broken, the correction to the bottom of the channel and with a lower leg, it can meet demand and retest the previous ceiling. 🔔 If the behavior and structure change, the post will be updated. »»»«««»»»«««»»»««« Please support this idea 💡 with a LIKE 👍 and COMMENT 💬 if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email 📧 in the future. Thanks for your continued support.🙏 Best Regards,❤️ Alikze. »»»«««»»»«««»»»«««
Long
by alikze
I see SOLANA above 320 (Ready to takeoff) Entire Market is green but SOL is red. This recent and sudden decrease in SOL’s price (within hours) suggests Bears are watching and wanna drag it down. Anyways, SOLANA is about to jump in a “Money Train”. To all the Crypto Traders get ready: As soon As SOLANA hits 190 mark , keep your tools blazing hot ready and jump on the train. Its gonna be a Fast ride thus Furious. Trust No Exchange Trust No Broker Use Extreme Risk Management and always keep back up ready in your “left wallet”. Time to go. I see SOLANA above 320
Long
by JohnnyPlayerOfficial
1
SOLUSDT - UniverseMetta - Analysis#SOLUSDT - UniverseMetta - Analysis After reaching its ATH, the price has formed a descending channel and corrected by more than 50% from the previous impulse. Has the correction ended? Currently, the price is testing a support level, which might lead to a bounce back into the channel. Monitoring potential entry points for long positions is essential. If the decline continues, the next targets are $171.60 and $152.01. Target levels: $171.60 - $124.99
by Trade-U-Metta
SOLANA SHORT (1-2 weeks)hI, Solana is in a bullish flag formation? or in a descending channel? My opinion is that there a big chances this pattern formation is descending channel. 1. The volume is descending as the price test the LH that is also the 3rd retest of the resistance line at 234$ 2. We see that resent head & shoulders is break at pivot line and the price fall again form this pivot. 3.As a channel need a strong support like older support lines. Entry 1 at 221$ Entry 2 at 231$ Stop at 238.6$ Target 1 211$ (new high support) Target 2 195$ (old high support) Target 3 179$ ( latest pattern support )
Short
by Gozikou
2
More SOLANA = More Gain, 300$ is the next targetHello and greetings to all the crypto enthusiasts, ✌ In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for SOLANA , 📚💡 Solana has consistently surpassed Ethereum in key performance indicators over the past few months. This success is largely driven by its talented development team, which has implemented a range of strategic updates, reinforcing Solana’s status as a frontrunner in blockchain innovation. 📚✌ Given its robust foundation, a price target of $300—representing a potential 28% increase—appears entirely achievable. Moreover, technical analysis aligns with this positive forecast, indicating that the upward momentum is expected to persist. 📚🙌 🧨 Our team's main opinion is: 🧨 Solana has outperformed Ethereum in key metrics, backed by a skilled development team and strategic updates. With a solid foundation, a $300 price target (28% gain) is achievable, supported by positive technical analysis. 📚👌 Thank you for your attention. If you have any questions or comments, I’m here to respond to you. 🐋💡
Long
by MadWhale
13