SOL/USDT –> Double Bottom Breakout with Bullish DivergenceHello guys!
Solana has completed a double bottom pattern and broken above the neckline, signaling bullish momentum. Here’s the breakdown:
1-Pattern Formation
A clear double bottom has formed around the $200 zone.
The neckline breakout happened at ~$213–214, confirming the reversal.
2- Momentum Confirmation
Bullish divergence on RSI supported the double bottom.
While price made equal lows, RSI showed higher lows → early sign of trend reversal.
3-Entry Options
Market entry
Pullback entry: Around the $210 area, in case of a retest of the neckline zone.
5- Target
The projected move from the pattern points to $222.
This also aligns with the next resistance area.
SOLUSD
SOL is the next ETH !SOL / USDT
SOL is forming the same pattern as ETH before the huge breakout in past few weeks
Accumulation with 2 major stoploss hunt for bulls and bears and now is trying to breakout the accumulation zone
History show high success rate of this pattern
Will SOL be the next ETH ?
Best of wishes
SOL - Solana +50% INCREASE Possible??SOL could be setting up for a big increase.
It's interesting to see how the price previously reacted around this resistance zone.
1️⃣ After a 100% increase, the price traded just around this zone for about 4 weeks when it dropped under, only to take another go at the zone 3 months later and get rejected again
2️⃣ second time increases by 63% in 3 weeks and the price shoots right through, after making a new high the chart went into a mini bearish cycle for a few weeks up until where we are now.
3️⃣ Price closes ABOVE key resistance zone, another high on the way in the next few weeks?
Capturing this zone is definitely bullish for Solana - now to see how far we can go but judging by previous increases, we could easily see a +50 if ETH increases as well.
Solana Price Hits 7-Month High But Caution Awaits SOL HoldersAt the time of writing, Solana trades at $219, holding firm above its $214 support floor. This represents a seven-month high, with the token facing resistance at $221. Sustaining this level will be crucial in shaping short-term direction.
Should momentum fade, Solana’s price could retrace to $206 or even lower, testing $195 as support. Such a correction would align with the RSI and address data signals pointing to short-term cooling.
Conversely, if existing SOL holders increase demand, the altcoin could defy bearish signals. A breakout above $221 would strengthen the bullish case, potentially driving Solana toward $232 and invalidating expectations of an imminent decline.
Solana - The future is clear!🎯Solana ( CRYPTO:SOLUSD ) breaks out soon:
🔎Analysis summary:
Solana is currently trading at the exact same level as it was about four years ago. In the meantime we witnessed crazy corrections and parabolic rallies, leading to another all time high retest. Quite likely therefore that Solana will break the previous all time high in the near future.
📝Levels to watch:
$250
SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
#SOL/USDT → Stronger than the market. Correction before growth#SOL
The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.
We have a trend to stabilize above the 100 moving average again.
We have a downtrend on the RSI indicator that supports the upward move with a breakout.
We have a support area at the lower boundary of the channel at 207, acting as strong support from which the price can rebound.
We have a major support area in green that pushed the price upward at 205.
Entry price: 210.
First target: 214.
Second target: 219.
Third target: 225.
To manage risk, don't forget stop loss and capital management.
When you reach the first target, save some profits and then change the stop order to an entry order.
For inquiries, please comment.
Thank you.
You will ask yourself how did he know Sol would bounce & hit T1?In my previous chart I suggested that Sol was approaching an inflection point, in a typical bounce region. That anticipated bounce would lead Sol to climb up to T1 above the preivous local high. That has now been confirmed.
What do you think Sol will do from here? I 'd ike to here your thoughts?
Solana's Price Coils in Rare Bullish FormationSolana's Price Coils in Rare Bullish Formation, Hinting at a Potential Rally to $230
Solana (SOL) has captured the attention of the cryptocurrency market, with its price charting a course that suggests a significant upward movement may be on the horizon. After a robust gain over the past month and a powerful rebound from its recent lows, the high-performance blockchain's native token is trading within a classic technical pattern known as a symmetrical triangle. A decisive breakout from this formation could propel SOL towards a price target of $230 in the coming days, a move supported by strengthening on-chain metrics, resurgent NFT market activity, and bullish sentiment in the derivatives market.
The digital asset has shown considerable strength, rallying to intraday highs well above the $200 mark before stabilizing. This price point not only marks a significant recovery but also positions SOL tantalizingly close to the upper boundary of its consolidation pattern. This technical setup, combined with strong fundamental tailwinds, is creating a compelling narrative for a potential bullish continuation.
The Anatomy of a Bullish Setup: The Symmetrical Triangle
At the heart of the current bullish thesis for Solana is the formation of a symmetrical triangle on its price chart, a pattern that has been developing over recent weeks. In technical analysis, a symmetrical triangle is characterized by two converging trendlines—one descending line connecting a series of lower highs and one ascending line connecting a series of higher lows. This pattern visually represents a period of consolidation and indecision in the market, where the trading range tightens and volatility contracts. It signifies a temporary equilibrium between buyers and sellers, often preceding a significant price move or "breakout."
While a symmetrical triangle is technically a continuation pattern—suggesting the price will likely resume the trend it was in prior to the triangle's formation—it can break in either direction. However, for Solana, which has been in a broader uptrend, a breakout to the upside is the more anticipated outcome. Analysts are closely watching for a decisive close above the triangle's upper trendline, ideally accompanied by a spike in trading volume, which would serve as confirmation of the breakout.
Multiple analyses converge on a significant price target should this breakout occur. The height of the triangle at its widest point, projected upward from the breakout point, suggests a potential rally that could take SOL to the $230 mark. Other technical strategists have identified targets in a similar range, with some pointing to the $230-$235 area and others looking at a near-term pivot range that could open the path toward higher targets.
Strengthening this possibility are key momentum indicators. The Moving Average Convergence Divergence (MACD), a popular trend-following indicator, has shown its primary line crossing above its signal line, a classic sign of a strengthening uptrend and building bullish momentum.
The Road to Recovery: A Powerful Rebound Ignites Momentum
Solana's current consolidation does not exist in a vacuum. It follows a period of impressive recovery that has renewed investor confidence. After dipping to a notable low in the preceding month, SOL has mounted a formidable comeback of over 30%. This rebound demonstrates strong buying pressure at lower price levels and has established a solid foundation for the current market structure.
Over the past month alone, SOL has registered a double-digit percentage increase in value, a period during which the symmetrical triangle began to take shape. This price action suggests that the recent consolidation is a healthy pause, allowing the market to digest recent gains before a potential next leg up. The series of higher lows established since late August is particularly constructive, indicating that buyers remain active and are stepping in to defend key support levels.
The cryptocurrency is currently consolidating above a critical support level in the high $190s. This price zone is considered highly significant by on-chain analysts, as a massive volume of tokens has historically been traded at this level, creating a strong foundation of support that bulls are actively defending.
Beyond the Charts: Fundamental Tailwinds Gathering Strength
While the technical picture is compelling, a confluence of fundamental factors is adding significant weight to the bullish case for Solana.
The NFT Ecosystem Reawakens
A notable catalyst has been a sharp resurgence in activity within Solana's non-fungible token (NFT) ecosystem. In a recent notable 24-hour window, sales volume for Solana-based NFTs experienced a dramatic spike, more than doubling from the previous day's figures and reaching well into the millions of dollars. This surge propelled Solana to become the second-largest NFT market globally by daily sales volume, trailing only Ethereum.
This spike was largely driven by the explosive popularity of certain new collections, which saw their daily sales volumes skyrocket by orders of magnitude. Other collections also posted significant gains. While the broader NFT market has seen fluctuations, Solana's performance showcases a notable relative strength and a growing appeal for its high-speed, low-cost architecture among NFT creators and collectors. This renewed retail and speculative interest in Solana's NFT scene could be a powerful driver of market momentum.
Bullish Bets in the Derivatives Market
Sentiment among professional traders, especially in the derivatives market, has shifted decisively toward a bullish outlook. Open interest in SOL futures, which represents the total value of all outstanding futures contracts, has seen a substantial increase over the past month, climbing by several billion dollars. This indicates a high degree of speculative interest and suggests a growing number of traders are positioning for a future price increase.
Furthermore, SOL's weighted funding rate has remained consistently positive for an extended period. The funding rate is a mechanism used by perpetual futures exchanges to keep the contract price in line with the spot price. A positive funding rate indicates that traders holding long positions are paying a premium to those holding short positions, a clear sign that the prevailing sentiment is bullish and traders expect the price to continue rising.
The Institutional Stamp of Approval
A steady drumbeat of institutional adoption continues to provide a strong fundamental floor for Solana's valuation. The launch and subsequent inflows into Solana-focused Exchange-Traded Funds (ETFs) in North America have signaled growing confidence from traditional finance. These products have seen millions of dollars in inflows on strong trading days.
This trend extends to corporate treasuries. The listing of Solana-focused companies on major stock exchanges, holding significant amounts of SOL tokens, brings considerable Wall Street exposure to the asset. This institutional demand, coupled with whale accumulation, where large holders have been observed adding to their positions, provides a powerful source of buying pressure.
The Alpenglow Upgrade
Adding to the long-term bullish case is the anticipated Alpenglow network upgrade. Approved by an overwhelming majority of validators, this upgrade is set to slash transaction finality times significantly, bringing them down to a fraction of a second. This enhancement would provide Solana with Web2-level settlement speeds, dramatically increasing its competitiveness in high-frequency applications like decentralized finance (DeFi) and gaming, and potentially driving a new wave of developer and user adoption.
Navigating the Hurdles: Resistance and Risks on the Horizon
Despite the overwhelmingly bullish confluence of factors, investors should remain aware of the potential risks and key resistance levels that lie ahead. The symmetrical triangle, until a breakout is confirmed, remains a pattern of indecision. A break below the lower support trendline could invalidate the bullish thesis and trigger a move to the downside, with potential targets at lower support levels.
Even with an upward breakout, the path to $230 is not without obstacles. Solana faces immediate resistance in the zone just above its current trading range, an area that has been tested multiple times. A more significant band of resistance is anticipated in the range between $210 and $250, where sellers may look to take profits.
Furthermore, some on-chain metrics suggest that while momentum is building, some long-term holders may be taking the opportunity to distribute their holdings, which could create selling pressure. The broader cryptocurrency market remains subject to volatility, and a downturn in major assets like Bitcoin or Ethereum could negatively impact altcoins like Solana, regardless of their individual technical and fundamental strength.
Conclusion
Solana currently presents one of the most compelling risk-reward setups in the cryptocurrency market. The formation of a rare symmetrical triangle on its price chart, following a powerful rebound, has laid the technical groundwork for a potential rally toward $230. This bullish structure is not merely a product of chart patterns; it is underpinned by a potent combination of fundamental drivers. A re-energized NFT ecosystem, overwhelmingly positive sentiment in the derivatives market, growing institutional adoption, and a landmark network upgrade on the horizon all contribute to a powerful narrative of growth and expansion.
While traders and investors must remain vigilant of key resistance levels and the inherent risks of the crypto market, the evidence suggests that Solana is coiling for a potentially explosive move. A confirmed breakout in the coming days could validate the bullish setup and send SOL on the next major leg of its upward journey, solidifying its position as a leading blockchain platform for the future of decentralized applications.
$ETHBTC rolling over. $ETH.D in uptrend. $SOL.D looks bullishWhat is happening in the Altcoin universe ? Is Altcoin season in? CRYPTOCAP:ETH and CRYPTOCAP:SOL are the best indicators of the overall sentiment in the Crypto market. Altcoin season usually starts when BINANCE:ETHBTC and CRYPTOCAP:ETH.D both bottoms out. That happened in April. Since then, BINANCE:ETHBTC and CRYPTOCAP:ETH.D have been in an uptrend. Our cycle target for CRYPTOCAP:ETH.D remains 17%.
CRYPTOCAP:BTC.D : Cycle tops are in. CRYPTOCAP:ETH.D : Bounce form the all-time lows for CRYPTOCAP:BTC.D by RabishankarBiswal — TradingView
But there is another phenomenon which can indicate the rotation to lower cap Crypto. The BINANCE:ETHBTC is rolling over in the last couple of weeks and CRYPTOCAP:SOL.D is attempting a breakout. CRYPTOCAP:SOL.D did reach the cycle peak of 3.9% and since then it has rolled over and currently 2.92%. If CRYPTOCAP:SOL must prove its serious Mega cap in the Altcoin space, then it must at least reclaim the previous highs.
Verdict: Altcoin season is on. CRYPTOCAP:ETH and CRYPTOCAP:SOL looks promising now. CRYPTOCAP:ETH.D should reclaim 17% and CRYPTOCAP:SOL.D should reach 4%.
SOLUSDT | 1 DAY | SWING TRADING Hey friends!
I’ve put together a detailed analysis on Solana just for you. The harmonic pattern has completed, and we’ve already seen some strong buying from that exact zone. 📈
Now, I’ve got two targets for you:
🎯 Target 1: 170.00
🎯 Target 2: 219.00
🔴 STOP: 75,81
"Just a heads-up — since this is a swing trade, the target might take some time to hit. Good to keep that in mind."
Remember, the more love and likes I get from you, the more motivated I am to keep sharing these analyses. All I ask is for a simple like to show your support. 💙
Huge thanks to everyone supporting with their likes — I truly appreciate it!
Solana - The sleeping giant waking up!🔦Solana ( CRYPTO:SOLUSD ) will still head higher:
🔎Analysis summary:
Yes, over the past four years, Solana has overall been just consolidating. But eventually, Solana will catch up with the entire crypto market and create a new all time high. Specifically with bulls picking up momentum lately, it becomes more and more likely that Solana will do exactly that.
📝Levels to watch:
$250
SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
SOL Reclaims $207 – Can Bulls Push Through $212 Toward $224?Solana (SOL) is trading around $207 on the 4-hour chart, just under the key $212 pivot zone. In this video, we focus on today’s Solana/USDT analysis and walk through the levels that matter most: $207 and $212 as the pivots, $222–$224 as the next resistance, and $234 as the higher target if bulls stay in control. On the downside, support sits at $205, $201, $195, and the deeper defense at $178.
With Bitcoin showing bullishness and the U.S. Non-Farm Payrolls report released today, volatility is high across markets. In this Solana update, I explain how NFP, Bitcoin’s strength, and these intraday levels fit together to shape the next moves.
You will ask yourself "how did he know Sol would do that"?On Aug 30th I suggested that Sol was approaching my ideal buy zone at T2. I anticipated a bounce to my take profit target soon after. That played out perfectly.
Question remains...will T2 remain support? What do you think? I'd love to hear your thoughts.
May the trends be with you.
Up or down?Hello friends
Well, considering the growth we had, the analysis of which we have already given you and it was full target, now we needed to go for another update.
Well, considering the price growth, there is an important resistance area on our way that they have determined for us.
If this resistance is validly broken, the price can move to the specified targets, but what if the price cannot break the resistance?
Well, don't worry, we have another scenario where if the price fails to break the resistance and falls, we have identified good support areas that if reached, the price can grow well to the set targets. Finally, it must be said that given the large number of buyers and the buying pressure we have in Solana, sooner or later, I think this resistance will be broken and we will see higher numbers.
*Trade safely with us*
SOL/USD: Bullish Swing Plan w/ Layered Buy Limits & Target🏴☠️ ATTENTION ALL THIEVES & ROBBERS! 🏴☠️
Asset: SOL/USD "Solana vs U.S Dollar" Crypto Market Heist Plan (Swing / Day Trade)
Plan: Bullish Heist ✅
🎯 THE MASTER PLAN: OPERATION SOLANA BULL RUN
Ladies & Gentlemen of the thieving community! 👔🦹♂️🦹♀️ Based on the Thief Trader's secret technical analysis, the vault door to Solana profits is creaking open! Time to execute the heist!
🚪 ENTRY: LAYER UP & SLIP IN SILENTLY
The Thief is using a multi-layer limit order strategy for this entry! We don't knock down the door, we pick the locks one by one! 🔓
Place your buy limit orders at these levels:
Layer 1: 190.00000
Layer 2: 195.00000
Layer 3: 200.00000
🛠 PRO TIP: You can increase your limit layers based on your own capital! More layers = bigger haul! 💰💰
🛑 STOP LOSS: THE GETAWAY DRIVER'S LOCATION
This is the Thief's SL: @180.00000
Listen up, OG's! 👉 Adjust your final SL based on your own strategy and risk appetite! Don't get caught because you got greedy on the entry! Know your exit route! 🚗💨
🎯 TARGET: ESCAPE BEFORE THE COPS ARRIVE!
The police barricade is forming at @240.00000! 🚨👮♂️
Do NOT get greedy! Grab the stolen money, exit the vehicle, and ESCAPE WITH THE PROFITS before the target! A true thief knows when the job is done! 🏁💰
⚠️ THIEF'S FINAL WARNING & DISCLAIMER
📰 News is an Undercover Cop: It will wreck our plan! Avoid new trades during high-impact news!
🔄 Use Trailing SL: Once in profit, trail your stop to lock it in! Protect the loot!
📉 This is not financial advice. This is a heist plan. You are the thief. Your capital, your risk. I'm just the mastermind.
💖 Enjoyed the plan? SMASH THAT LIKE & BOOST BUTTON! ✅ It helps our crew grow and plan the next big score! 🚀🤝
Stay sharp, thieves! I'll see you on the next heist. 🤑👋
Solana -> a descending broadening wedgeHello guys!
A descending broadening wedge is forming, indicating a potential bullish reversal if price follows the typical pattern.
Pattern Analysis: Descending Broadening Wedge
The wedge is marked with two diverging trendlines, where the upper line is descending and the lower line slopes down but at a slower rate.
This pattern generally signals a reversal scenario, especially after a downtrend.
Price typically oscillates between the upper and lower trendlines before a breakout occurs.
Support and Resistance Levels
Immediate resistance: Near $205–207 (upper trendline of the wedge).
Support zone: Around $192–193, marked by the lower wedge line and a grey horizontal area, which historically acted as strong demand.
Price objective: Upon breakout, the target is around $212+, as indicated by the schematic at the top-left corner of the chart.
From Rocket to Rock: Solana’s Gravity CheckCRYPTOCAP:SOL may reach $262 as network adoption accelerates and throughput metrics hit new highs, but market dynamics are rarely linear. Cyclical retracements below $100 remain a distinct possibility, reflecting the interplay between speculative sentiment, ecosystem development, and the inherent volatility of high-performance blockchain networks.