Solana| Potential Bullish MoveHello there, From the support line at 142.82, Solana on the H1 chart has the potential to rise to 149.50. A bell notification is set at 143.18, and it will need confirmation for the bullish trajectory, which is estimated to last for a day. Happy Trading, K.Longby KhiweUpdated 229
#SOL has the opportunity to build a long structure📊#SOL has the opportunity to build a long structure📈 🧠We have stabilized after in-depth correction according to the bat model. Currently, there is an opportunity to build a bullish small long structure near the buying zone, which will be established after breaking through the turning point. If we successfully break through, it means that we have the opportunity to break through the previous high (163.712), which means that we will build a larger long structure, and then we are not far from breaking through the all-time high. ⚠️Please note that this opinion is only a guess. The specific trend needs to change according to market changes and is for reference only⚠️ Let’s see 👀 🤜If you like my analysis, please like 💖 and share 💬 💕 Follow me so you don't miss out on any signals and analyze 💯 BINANCE:SOLUSDT.P Longby wolf_king8882213
SOLUSDT Rectangle Pattern FormationSOLUSDT Technical analysis update SOL has been forming a rectangle pattern for the last 170 days. The price is now approaching the rectangle's resistance, indicating a potential breakout. If the breakout occurs, we can expect a strong bullish move in SOL, with the price possibly reaching $500 in this bull run. In day chart 200 EMA act as a good support for SOL A similar pattern formed at the bottom, where the price stayed within a rectangle for 280 days before breaking the resistance and surging 600%. We could see a similar move once the current rectangle is broken. Regards HexaLongby HexaTrades1110
Solana (SOL): Another Bounce From 200EMASolana is next on our watchlist, with a possible bounce from 200EMA. We are keeping a close eye on the 200EMA, where price has had multiple bounces, which have started a further upward movement from there. If all goes according to plan, we should see a smaller bounce again, but there is also a possibility of breaking that same EMA, so keep an eye on it!!! Swallow Team Shortby SwallowPremium8813
SOLUSDT - Patience During technical analysis of SOLUSDT, it has shown that this is time to exercise one of the most crucial lessons to learn in trading, PATIENCE. There is absolutely ZERO need to be entering trades every time you believe you know the correct direction. Right now the chart is showing the perfect example of why you need to ALWAYS WAIT FOR THE CORRECT SETUP before entering your trade. I know it's exciting and easy to get trigger happy when entering trades but, PATIENCE, the time will come, and if it doesn't it wasn't meant to be. FOLLOW YOUR STRATEGY! by I3ig_Trades10105
Solana's Critical Situation (Consider Smaller Altcoins, Charts) The situation with Solana is critical. I repeat, the situation is bad... Good day my dear friend, this might be the last time I can alert you of this chart; all focus will now go toward those altcoins that are a great buy and moving up. Let's approach this from a different perspective. In the last few days, or weeks, many altcoins have grown 2-3X. That is, we have pairs growing 30-60% on the first day, and continue growing to reach 100%, 200%, 300% or more within a week or so. This is after the 5-August market crash. If you consider Solana, Bitcoin, Ethereum, and the rest of the Crypto-giants, they haven't done anything. Solana has been sideways, with a bearish bias (lower lows and lower highs) since mid-March 2024. Consider this, if you were holding Solana, or Bitcoin for that matter, with an expectation to see growth, you would have zero growth in the past five plus months. These Crypto-giants are now moving within a distribution phase. Let me give you an example, look at this ADA chart: Notice that its price is trading around the same level at which it traded back in November 2023. Others are trading at the same lows as June 2022, etc. (low prices compared to the last bullish wave peak.) Now, consider Solana, or Bitcoin for that matter, and they are trading at the same level they traded in March 2024. Do you understand? These are trading near their All-Time Highs. While all the other pairs moved ahead, went first, and produced a full correction, these giants are taking longer but will do the same. It works in reverse: Some altcoins moved first in the last bullish-wave, the rest of the market followed. Some altcoins went first in this corrective-wave, the rest of the market does the same. I will give two other examples: BLUR and CURVE (notice the bottom prices): What about NULS? Notice how low it trades, same as back as in October 2023; from down, it moves up: From up, it moves down. Another example, Gala Games: It produced a very strong bullish wave followed by a very strong correction and now it trades near its "long-term support." That's it, that's the dynamic. Once support is hit, they can grow again. But when they trade really, really high... These are set to crash before the next bullish wave. Focus on the smaller altcoins. Focus on those with a low prices. That is just a piece of friendly advice. You can tell something is up because the small ones are growing three digits while the big ones are doing nothing at all. The big ones will drop one bit, the smaller ones grow even more. When the big ones produce their crash, the smaller ones will reach their top. After the next major low... Prepare for bull-market 2025; buy and hold; new all-time highs all across. Namaste.Longby AlanSantana9932
BTCUSDT & SOLUSDT, Speed of rise Up???The Speed of upward movement of BTC is 2times than Speed of Sol! What does it means? I dont know really, Who knows, pls advise Thx in advanced!by kevin134330
SOLUSDT, Wed 21 Aug, Today Review!It seems the High of week was formed in Tuesday! Our Range is from 148 ~ 138! After the Low of Monday was hit by today, The price seems to rise up! To where? I expected It will cross the 62% Fib (In range of 148~138). Then I will prepare for short Position. When? Maybe today afternoon but I will wait till tomorrow London session! In London Session of today was a good situation for Short Position. Who did get it? Happy Trade! Shortby kevin13433331
Long trade Friday 16th Aug 24 Buyside trade Mon 19th Aug 24 4.00 pm NY Session PM Buyside trade Entry 143.047 Profit evel 150.993 (5.55%) Stop level 142.339 (0.49%142.339 RR 11.22Longby davidjulien369Updated 9
Sol/Usdt IdeaSol/USDT is currently experiencing difficulty in demonstrating any bullish momentum. We may anticipate a minor decline in the price of SOL before a potential upswing. Please note that this communication does not constitute financial advice. Conduct your own research (DYOR) before making any investment decisions.Longby Crypto-By-Ghazi113
SOL retests 141 on September 10th or 11thSOL retests 141 on September 10th or 11th. This retest can be in either direction. Likely to break through this line regardless of direction. BINANCE:SOLUSDT by ShiningBull2212
SOLUSDT, Tue 20 Aug, Short Position for Today!Solana`s Price Movement Status this week: - The Main Price range is from 163 to 109. - Based on 50% Fibo, The oremium and discount zones are showed in chart! -The "High & Low" of previous week have also been dtermined. - The "high" of Monday was hit today before 8:30 - As a result, today I expect to have a short position (TP: Low of Monday) Happy Trade!Shortby kevin13433445
Solana shortFrom a technical point of view, it seems that Solana is losing an important support of the Ichimoku on the 3 daily chart. From a "fundamental" point of view, instead, it seems that the Meme narrative is cooling off on Solana, with a shy try to rotate on Tron, and amid the progressive lack of interest of the community. So, we guess there are all the ingredients for a juicy short. Shortby Neo-TokyoUnicorn111
SOLUSDTBINGX:SOLUSDT.P The specified breakout range, if not fielded, the pullback strategy will cause the price to grow to TP1 and TP2. This is a simple method of chart analysis.Longby Sooeeni19852
SOLUSDT - In Bearish TrendSOLUSDT was in bearish trend and later stayed in consolidation stage and now continuing its previous pattern. This can also be rephrased as that the trend was bearish and then made a rectangular pattern which is a trend continuation pattern and after breaking a support level it is continuing its downward trend. No divergence is observed on an hourly chart. I have placed my pending order of Sell Stop. The Signal is: EP: 135.880 SL: 145.170 TP: 126.590 RR: 1% Shortby MuhammadArif039Updated 2
Expecting solana to pump to $148-$150 soonJust opened a long on solana Am anticipating solana to push back up again to retest $150 area. We at weekly support area and starting to see lower timeframes shifting bullish indicating a rise in demand.Longby Filnft115
SOL USDTSOL USDT is in a consolidation range. Looks like we are going for a liquidity hunt to the upside. overall market is sideways since past week. A break avove 62000 or below 56000 and close at least 2 four hour candle on either side of the breakout will confirm the next trend. until then better to play small shots.Longby TRADETITANWAQAS113
SOL USDTSOL USDT is in a consolidation range. Looks like we are going for a liquidity hunt to the upside. overall market is sideways since past week. A break avove 62000 or below 56000 and close at least 2 four hour candle on either side of the breakout will confirm the next trend. until then better to play small shots.Longby TRADETITANWAQAS0
A LONG TRADE ON SOL/USDT WITH CONTINUATION PATTERN.There is a clear continuation pattern( CUP & HANDEL ) forming on SOL/USDT on 1HOUR TF. We will trade according to trade plan. Entry: 147.49 SL: 140.03 TP: 159.42Longby The_analyst_Hassaan116
SOLANA Possible to form Cup And Handle patternSOLANA being sideways for several months, but overall trend still strong bullish momentum for longterm right now. Nowadays they have chance to form " Cup and Handle " pattern to bring price to higher target price at 1.272 and 1.618 fibonacci extension.Longby YogaID116
Short term entry The price could go down side from here I opend short position 145.50 Shortby HRSanalysisUpdated 7
Long trade Sun 18th Aug 24 4.00 pm Tokyo to LND Session PM Buyside trade Entry 142.189 Profit level 157.807 (10.98%) Stop level 140.887 (0.92%) RR 12Longby davidjulien369Updated 1110
How to trade parallel channels? Parallel channels strategyHow to trade parallel channels? Parallel channels trading strategy In trading, a channel is a vital element of technical analysis that traders often and effectively use. Identifying a channel in technical analysis involves constructing support and resistance lines that define the zone within which prices move. Simply put, a price (trend, trading) channel is a combination of at least two lines: a support line and a resistance line. These lines are fundamental to any trading channel, helping traders understand market psychology and price movements. Support Line: This line indicates the price levels where a downtrend may halt due to a concentration of demand. It’s typically the point where the price stops falling and may even bounce back upward. Resistance Line: The opposite situation occurs here. This line shows the price levels where an uptrend is likely to stop or reverse due to a concentration of supply. Channels reflect changes in supply and demand influenced by various fundamental factors. There are different types of channels based on the trend they represent: Upward (Bullish) Channels: Constructed on higher highs and higher lows, indicating a rising market trend. Downward (Bearish) Channels: Built on lower highs and lower lows, indicating a falling market trend. Horizontal (Flat) Channels: Used in markets without a pronounced trend, where prices move sideways within a range. Channels can also be categorized based on their time frame: Long-term Channels: Often used by investors who aim to profit from major market trends. These channels can span weeks, months, or even years, providing a broader perspective on market movements. Short-term Channels: Typically used by day traders or those looking to capitalize on smaller market movements within a shorter time frame, ranging from a few minutes to several days. To build a bullish channel, identify two rising lows and draw a support line through them. Then, draw a parallel resistance line through the intermediate high between these lows. The key rule when constructing a trend channel is that the price should frequently and clearly bounce off the channel boundary, confirming its validity. The more the price bounces off the channel boundary, the more noticeable the channel becomes to other market participants, increasing the likelihood of a breakout. The price may experience a false breakout of the channel boundary. Considering the volatility of popular markets, traders should allow the price some freedom to make a false move and temporarily exit the channel. A false breakout followed by a return to the channel can also be seen as a pattern that confirms the channel’s validity. Why I Prefer Horizontal Channels Over Trend Channels: Subjectivity: Trend channels can be subjective, as different traders may draw them differently, leading to varied interpretations. Price Tests: The price may test the channel lines with near misses or overshoots, which can mislead market participants. Profit Limits: Trading within narrow ranges can limit profit potential, making horizontal channels more reliable in such scenarios. Traders use channels in various strategies to maximize their trading opportunities: Buying at Support and Selling at Resistance: This strategy involves trading based on the expectation that the price will bounce back into the channel, possibly using a median line as an additional guide. Stop Losses : Place stop losses at a reasonable distance behind the channel line to manage risk effectively. Take Profit: Set take profit levels to ensure a favorable risk-to-reward ratio, maximizing potential gains while minimizing losses. Use Channels as One Tool Among Many: While channels are valuable, they should be used alongside other tools and indicators for a well-rounded trading strategy. Aggressive Trading: Some traders may buy or sell during breakouts, but this approach carries higher risks, especially given the prevalence of false breakouts. Most breakouts turn out to be false, with major players taking positions from traders who have placed their stop orders just beyond the level, causing the price to quickly revert. However, if the price breaks through the upper boundary of the channel and holds above it, it may indicate strong bullish sentiment. A strong impulse breaking through the upper boundary at high volumes suggests a bullish market sentiment, and the price’s return to the moving average after breaking upward presents an excellent buying opportunity. Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"! Educationby Crypto4light6