Bull Trap. The cheese must be good. $90 - $75 TP.NFA. DYOR. We are in a distribution phase. TP and buy zone set out $90 to $75.Shortby earlyBTCAd0pterUpdated 111113
SOL AnalysisI'm expecting a continuation of the downward movement. I'm aiming for the recent swing low for around 2%. After that we might see a bounce. Stay safe and cautious. Do not risk more than 3% of your portfolio for this trade.Shortby TheSuccessfulOneUpdated 3311
Potential bearish drop?SOL/USD is reacting off a resistance level which is a pullback resistance that lines up with the 38.2% Fibonacci retracement and could fall to our take profit. Entry: 161.79 Why we like it: There is a pullback resistance level which lines up with the 38.2% Fibonacci retracement. Stop loss: 169.58 Why we like it: There is an overlap resistance level which lines up with the 78.6% Fibonacci retracement. Take profit: 153.90 Why we like it: There is a pullback support level. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.by VantageMarkets226
SOLUSD Not the time to buy yet.Watch the 1WRSI. Is 4k realistic?Solana (SOLUSD) has been on a correction mode since the March 2024 High, in an attempt to technically harmonize the massive rally of 2023. The 1W RSI Double Topped in the same month and this is where all the essence of the current price action is. The 1W RSI peaked on the exact same level (86.00) back on the week of August 24 2020. It didn't find a bottom before entering into bearish territory again around 41.50. That correctional Channel was more aggressive than the current, so this time we may only seek confirmation from the 1W MA50 (blue trend-line), which has been supporting ever since the late September 2023 bullish break-out. In any case, we believe that the RSI's Bull Cycle Buy Zone, will again give the most optimal buy entry, so we haven't bottomed yet. In any case, we are well within the Mayer Multiple Bands, in fact March's rejection came on its 2 SD above, at the bottom of the Red Wave. During the previous Cycle, Solana rose by 51250% from the time is started to form the current long-term Fibonacci Channel Up. If we measure the same % growth from the recent Bear Cycle bottom, then we are looking at a peak a little above $4000. Odd as it may look, keep in mind that Solana has already rose by +2500% up to March's High and if it indeed reaches 4k this Cycle, the rise will be less (+1900%) from March's High than it was from December 2022 to March 2024. Unrealistic or not, it is up to your mind and capital to judge that but it is a fact that the market is only now entering the most aggressive phase of it Bull Cycle. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇by TradingShot2219
$SOL price analysis #sol #solana price has broken down the trend line and had bearish retest, then failed to reclaim the trend line zone. #solusd may have test the trend line resistance (formerly support zone). If hard declines occur, daily ichimoku cloud bottom is the support zone. Also this ~144 #usd zone is the historical support zone. Not financial advice.by naphyse113
SOLSol Analysis: Holding trend well, Fib retest and strength Provided market conditions remain favourable overall looking to target full extension.Longby Nikash01115
Solana (SOL)Solana needs no introduction as this coin has already proven to be on many people's popular lists. Besides its high-volume trading and great features, its technical analysis is also interesting. After Solana's upward wave finished, a corrective wave, a long one, started. Now, it seems the corrective wave has ended at 0.5 Fibonacci retracement. Also, the correction is unfolding in an inverted wedge pattern. We have to wait for the price to break this pattern upward. Let's see what happens.by SaeedSalehiniaUpdated 111133
SOL AnalysisHello Traders! I've been analyzing the market today and I decided to open this trade. It is a bit risky but the risk to reward ratio is big. I'm expecting this move to be a bear trap. I might be wrong as this is like trying to catch a falling knife (which almost never works as expected). I am just trying some new things and my experience allows me to try this from time to time. I'll keep you updated. I do not recommend taking this trade, but I want to show you that I am fully transparent and I will show you all of my trades. No matter losing or winning. Stay safe, do not risk more than 3% of your portfolio and keep earning! :)Longby TheSuccessfulOneUpdated 225
$SOL is about to enter orbitCOINBASE:SOLUSD has established a strong rebound from a massively oversold RSI basis (4h)-- the trend shows that there is massively bullish potential if/when it does break outLongby httpz113
SOL ANALYSISIt is about reading the price pattern and the result of the indicators I will only share with you what the result of the analysis shows. This could be wrong. MDShortby MoralDisciple113
Bullish rise?SOL/USD is currently reacting off the support level which is a pullback support and could potentially rise to our take profit. Entry: 145.30 Why we like it: There is a pullback support level Stop loss: 138.32 Why we like it: There is a pullback support level which aligns with the 138.2% Fibonacci extension. Take profit: 161.68 Why we like it: There is an overlap resistance level which is slightly below the 61.8% Fibonacci retracement. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group. Longby VantageMarkets11
Bearish drop?SOL/USD is reacting off the resistance level which is a pullback resistance and could potentially fall to our take profit. Entry: 149.31 Why we like it: There is a pullback resistance level. Stop loss: 157.34 Why we like it: There is a pullback resistance level which aligns with the 38.2% Fibonacci retracement. Take profit: 138.24 Why we like it: There is a pullback support level. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.Shortby VantageMarkets9
Sol SpeculationSol currently at 2 major supports Could we see a rally up after the shakeout that just happened? Regardless of the big drop the general sentiment is bullish. We will see if the bulls can keep the buys flowing through.Longby TradeforthepeopleUpdated 1113
Solana blazing straight to hellSolana blazing straight to hell and back LETS GET DANGEROUSLongby shenanigansUpdated 3315
SOL analysisHello guys, Here's my next trade for Solana I'm entering long as the price bounced from the trendline and I'm expecting to hit at least the upper trendline from the channel. DYOR and stay safe :PLongby TheSuccessfulOneUpdated 4
$80 is a magnet for SOL....Excuse the overload of channels here, but I find them helpful when evaluating the potential bottoms of bigger moves. Here we see downward and upward channels supporting SOL. But even so it looks weak, and historically ends in a move lower. With that said, we need to break supports, which will happen in a gentle move through it, following by acceptance a big sell off. OR a move higher to trap longs, followed by an aggressive move down. Either way, I am expecting a move lower, and use channels to help guide my bids. I expect the move to be violent enough to take out the entire channel, and find support at the mid line of a new channel below. This strategy has proven very helpful for me in the past. With the confluence of the midline of this new channel and horizontal support, I expect a big bounce around $80. Good luck.by mandelsc3
Solana to tap around $150 before sending to new ATHThis wedge pattern is a strong bullish signal for Solana, in my opinion. It's in a slight downward trend currently, but I do believe considering the high volume support around the $150 zone, that it will tap there and then eventually soar to new all-time highs.by joyfuldadUpdated 556
SOL AnalysisHello, Here is my plan IF we see a breakout from this trendline to the upside. I am planning to hold it until it reaches the diagonal trendline that was validated with the recent swing high. I've marked it for you. Stop loss is below the swing low and the downside of the trend channel for more security and to avoid fake outs. Please dyor and enter only if the price breaks like mentioned above. Stay safe and keep earning :)Longby TheSuccessfulOneUpdated 2
Solana to $750 - BUY & HODLSolana will not go bust, it's too big for that. SOL ( SOLUSDT , SOLUSD , SOLBUSD ) has great value behind it. The project is amazing, and it's on SALE! So, I am holding and adding even more @ $5 . Yeah... when people are panicking, I buy. :)))) My Technicals: * Elliott Wave A-B-C Pattern * Double Bottom * Demand Zone * Double Bottom * Fibonacci Retracements The Fibonacci Time Zones point me to a Bull Market Cycle starting with '23. Good luck getting rich! :DLongby Lionheart-EWAUpdated 292951
Solana is approaching the main trendHey Traders, in today's trading session we are monitoring SOLUSDT for a buying opportunity around 139.00 zone, Solana is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 139.00 support and resistance area. Trade safe, Joe.Longby JoeChampion4
Solana - Bearish CampaignShort-term downside reversal in a trading range formationShortby BulletproofTradersUpdated 886
Tug of war ahead!Short term bearish momentum but as long as ETH bounces off trendline support we'll see more upside.Longby SmallBagsHereandthere2