Time in a bottleCrypto markets will break the surface of levels you are not currently considering. When the SEC approves Bitcoin & Ethereum chain ETF's, NFT's will become the most used word on the planet in every marketing campaign across every industry pillar. History will change.Longby between_the_wicks2211
Solana Liquidity Event - The Beginning of the End 📉Everyone's excited about the "pump" of CRYPTOCAP:SOL right now but objectively speaking, this isn't a growth spurt where outside money is coming in - did people already forget that its high was $250 back 22'? So we do know that the same folks who got caught lying on their term sheets and fabricating data are still there on the core team. Not to mention the outages earlier in the year...which should not happen to any blockchain, no matter what. This is not something that happens to legitimate chains - it did not happen on CRYPTOCAP:BTC , CRYPTOCAP:ETH , CRYPTOCAP:DOGE , $XTZ - not even once. A blockchain that "fails" is not a blockchain at all, you could argue. Well, I have a new theory of what's actually going on right now - their phone didn't sell this whole year and they were in dire straights, so they used $BONK to sell off their inventory and the core team is trying to cut their losses and is getting read to exit the space completely. It's what you call a "liquidation event" right before a company goes under - normally this is harder to detect because crypto doesn't usually have a physical product but they way that they got rid of all their phones in a big hurry actually made the pattern easier to see. So this "pump" is less about organic growth but the industry cannibalizing each other in desperation - even the Shiba mascots aren't cute enough to distract us from how gross it is, really. 🧟🧟♀️🧟♂️ The target dates to pay attention to are Christmas -> New Years - the phones themselves has "sold out" so it has officially hit its peak a few days ago. If people got the phones as gifts or presents then they should be some movement in $BONK soon and we'll start to see the whole thing unravel. Happy Holidays and New Years everyone!🎅🎄by RyanTanaka282827
Sold all my SolSolana was never a fundamental long hold for me. I earned most of my Sol for free through airdrops including Jup and Acs which I immediately swapped to Sol and staked. I am selling all of my Sol as we approach this .886 fib. The token is WAY over heated and very due for a correction back to below 90$. I plan on taking the proceeds into RNDR and DIO (mostly RNDR though). Part of my feels like this Sol pump is so FTX can dump on everyones heads.Shortby Apollo_21mil7
SOLANA SOL USDT Another Major Outage Means Hard To Trust SOL SOL was looking ok last week. I thought a nice run was going to play out but this recent news about the major outage that hit Solana a few days ago is showing that Solana has a lot of work to do before it can be used for any real world purpose. Solana has been plagued by outages this year, I think this is number 5 for major outages this year. At this point after doing more fundamental analysis on Solana, I believe Solana is extremely overvalued and being propped up artificially. I think that because of the outages and the problems it has that a revaluation is coming soon for Solana. I hat to say it also but Solana has also formed a major head and shoulders, and a measured move of the head and shoulders would be around $4 yikes. I think that $4 is all Solana is actually worth at the moment. Also another big deal is that SOL has been trading in this ascending broadening wedge pattern and has technically broken below the bottom support line. An ascending broadening wedge is a bearish chart pattern (said to be a reversal pattern). It is formed by two diverging bullish lines. An ascending broadening wedge is confirmed/valid if it has good oscillation between the two upward lines. The upper line is the resistance line; the lower line is the support line. If SOL fails to break back above and back into the broadening wedge then I think a swift move down is to follow. Be very cautious with this one, Ive seen many like Solana over the years and I feel like the hype is dying for this project and a major dump is coming from big bag holders. Once the selling starts itll be almost as fast as Luna. Once people realize how important it is for a project to have 100% uptime then Solana will be revalued to its true worth. Solana does not belong in the top 100 in my opinion let alone the top 10. Shortby BitgolderUpdated 11117
SOLANA - 400% Gain!Solana has been pushing higher and higher since our Long setup September. We initially thought we'd push up 200% but when a move is this strong, why cut your profits early. Let it run! We are now up by over 400% and still climbing. Once we see price slowing down, we'll be looking to sell Solana. However for now, let's enjoy the ride! We'll be back with a Solana update once price shows signs of reversal. Hope you guys made some money out of this! Happy Holidays!by WicktatorFXUpdated 2226
Solana to $130Hi Folks Solana has been on a tear recently and continues to pump. If we look to where it could possibly go before retracing or meeting resistance then a possible target is $130 dollars based on the last Chandelier exit and fractal. I am using Renko charts as it helps filter out noise and provide cleaner signals for me personally anyway. As we can see the price action is way above the Keltner channel which indicates an extreme point. We can also see the stochastic RSI is very overbought and the BB% is well above 1. We can stay at these extreme levels for many weeks on end but I am expecting a pullback at some point. If your still in the trade possible area to look for taking profit would be that previous resistance of around $130 which I have highlighted with a green line. Hope everyone is profitable, happy trading and merry Christmas to all.by bacurrie456
SOL / USDT Price Analysis (4h)Hey there, fellow traders! Exciting news on the Solana – it just made a breakout from the $80 resistance level! 💜 If you appreciate our charts, support us with boost button 💜 Picture this: an ascending triangle is in play, suggesting some potential upward action. What does this mean? Well, it could set the stage for Solana to reach the $88 and $100 levels in the coming period. How awesome is that? Now, let's not get too carried away – always keep a careful eye on your trades. A savvy move would be to maintain a watchful stance and consider having a stop loss below the trending line. Why? Because that's just smart risk management in action. So, to sum it up: Solana's breaking barriers, an ascending triangle is pointing towards possible gains at $88 and $100, but stay cautious and don't forget that trusty stop loss below the trending line. Happy tradingLongby VestindaUpdated 117
Solana - Continuation after Consolidation, Shorts get REKTTwitter Influenzas, NFT muppets and Macro labradors cheering how they sold the local TOP. unfollow anyone telling you it is over, we only getting started. people shorting in those conditions deserve to loose evrything. don't get shaken out from your beliefs and positions with conviction. avoid leverage. enjoy the ride. we had several days of consolidation after a massive run up from 17/18 USD. of course the coin has to take a breather. it does not mean it will dump. this consolidation and new support of around 50$ is very bullish. we now see the RSI and EMA cross over on the 16H and above 50. check-marks show you were we have been last time this happened. i believe many whales, influenzas and vc's are still not allocated enough to SOL and the wash out after FTX was actually a blessing for the ecosystem. many legit teams have built good apps and now start to launch tokens and bless their loyal followers with airdrops. a lot of apps and project are still not properly priced and many sideliners will just bid whatever they find. do your research but remain careful. profits should always be rolle dover to SOL and later i the cycle we buy BTC. Longby zymmetricUpdated 8848
SOL - Aka Sanpei FractalIt seems like SOL is recreating the patterns from 2020, and if that happens; we're going to see 300-500 very soon. Good luck!Longby nixholas1112
#solana will continue ? #sol has formed a bull flag in STF. This means , CRYPTOCAP:SOL may continue the rally while the hype is at maximum. NOT FINANCIAL ADVICE.Longby naphyse8
Solana reached price targetCRYPTOCAP:SOL The log-scale target of 86.48 set by the Oct 23 completion of an 11-mo ascending triangle has been met.by PeterLBrandt111147
Solusd sellRsi says that its still going down, as I said it looked exhausted, market structure looks bearish, doubletop formation Shortby seanstone12242
VSLRT Divergence with price action on 15m candlesThere is a divergence between the VSLRT Oscillator and the price action on 15m, this may indicate a new bearish trend. After all, market is not magic and not makes everyone do money! So I see here a short opportunity.Shortby BingerBongerUpdated 553
Solana Christmas Rally 2023Just a fibbonaci on Solana with the recent runup. That was a good run and a good sign for the market cycle going into spring.Longby EMJ1232
SOL thunder in the distance, be careful bulls.SOL is forming a huge rising wedge, and a breakdown could trigger massive sell-offs and short positions. RSI is indicating there is no power in this upward move and is ready to cool down, signaling a potential strong drop. MACD is way overbought, similar to RSI, and also shows strong and powerful negative divergences, as does RSI. Histograms are ticking lower, indicating a lack of power. All in all, bulls are safe if the price continues to rise and stays within the pattern. However, if and when the price breaks down, a significant sell-off will occur, leaving many retail bulls on the wrong side. Watch out.Shortby Consistent_TradesUpdated 10
SOLANA: Eyes on 105 Impressive! SOL's price action has been remarkable in the past few days, perfectly hitting all the charted levels. While a healthy pause could appear naturale here, the question arises: if the current hype persists, what could be the limits? The next milestones are set at 100, 105, and 111, with 105 proving to be a particularly challenging hurdle. A breakthrough at 105 could potentially unleash significant upward momentum for SOL. Exciting times ahead! Longby RF_Trading10
Solana Final Ending Diagonal to 3 digits before collapseDouble bottom back to single digits by 2025 dont @ me. Shortby GerardWalker8
SOLUSD Mouth Moon MissionHere is the way I see it: SOL hits the resistance at ~$140 then pulls back to ~$80, creating a giant cup and handle. Then launches a space-bound burger on a moon-mouth mission. Obviously not financial advice.by edsonmarsh5
Solusd sellThe bullish trend looks exhausted, we have a double top signaling bearish movement, we have a candle stick bearish engulfing candle and also a breakout to the downsideShortby seanstone1224773
SOL triangle breakoutfinally SOL breakout above $64. just like BTC & ETH. MACD crossed. next resistance for SOL at $100. DYODDLongby EL_STOCKTROOPERUpdated 229
SOL There and back againSOL There and back again from bottom to top. Thankful for commentsLongby DikunoJP6
Solana (SOL) Flips XRP As It Tops Ethereum In 24-Hr DEX VolumeSolana's surge propels it to surpass XRP while achieving a milestone by leading Ethereum in 24-hour DEX volume. In a compelling twist of events, Solana ( CRYPTOCAP:SOL ) has soared to become the 5th top cryptocurrency by market capitalization, surpassing XRP on December 20. Over recent weeks, the bullish momentum in CRYPTOCAP:SOL ’s price has propelled it into the spotlight, posing a challenge to XRP’s position amidst choppy market conditions. Catalyst Behind The Surge Meanwhile, this surge is intricately linked to the rising popularity of the meme coin, BONK, flourishing on the Solana blockchain. So, let’s take a look into the factors behind Solana’s recent ascent and its price performance. Here’s Why Solana Poses Challenge On CRYPTOCAP:XRP The meteoric rise of Solana in the crypto hierarchy finds its roots in the success of the meme coin, BONK. Over the past weeks, the BONK price has experienced a remarkable surge, marking a substantial 80% increase in its weekly price. Meanwhile, the catalyst for this surge lies in the meme coin’s recent listings on major exchanges, including Binance and Coinbase. The support from these global platforms has catapulted $BONK into mainstream recognition, contributing significantly to Solana’s market cap ascent. In addition, Solana’s recent milestone of surpassing Ethereum’s 24-hour decentralized exchange (DEX) volume marks a pivotal moment in its journey. Solana’s proof-of-stake (PoS) blockchain has outperformed Ethereum’s chain for the first time since its launch in 2020. This achievement is attributed to several factors, including a surge in Solana Mobile purchases, substantial trading volumes associated with $BONK, and a prevailing bullish sentiment within the Solana ecosystem. As Solana continues to disrupt the crypto landscape, the industry eagerly watches its trajectory in the coming days.Longby DEXWireNews4