SOLUSDT - IN BEARISH TRENDSOLUSDT is trading in bearish trend in 1hr time frame as it is showing lower highs lower lows and confirmed by the formation of Shooting Star, Dark Cloud Cover, Hanging Man & Tweezers Top Candlesticks.Shortby qasimtahir331
SOL/USDT | 1W 👀CRYPTOCAP:SOL is showing an incredible performance, up by > 1000%. I'm holding the coin for the long term (24 - 48 months). However, considering the formation of bearish divergence and overbought conditions on the RSI, I will partially take profits (around 1/6) to secure some gains. There is a possibility of seeing higher-order wave formations with targets around $500 - $800 in the long term, possibly by 2024. - Not financial advice, trade with caution. ✅ Stay updated on market news and developments that may influence the price of Solana. Positive or negative news can significantly impact the cryptocurrency's value. ✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility. ✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking. #Crypto #Solana #Investment #SOLby Nyskohuz117
📈SOL Technical Analysis: Key Resistance Breakout Expected🔑🔍Today, it's Thursday and the Solana (SOL) price on the 4-hour timeframe indicates a consolidating pattern. Over the past few days, SOL has approached the critical resistance level at $195.03. After testing this level once and then experiencing a fakeout, it retraced twice. This suggests $195.03 as a significant level, potentially marking the beginning of the next upward movement upon breakout. 📊Moreover, SOL's trading volume has decreased compared to its parabolic phase, reflecting decreased market excitement. Patiently waiting for the breakout above $195.03 is crucial for significant volumes to enter the market. 🚀Applying Fibonacci retracement tool reveals a correction to the 0.382 level, forming a range between 0.382 and 0 levels. 📈For long positions, consider entering after the breakout above $195.03, offering a favorable trigger point. If the breakout sustains without a fakeout, it could be one of the best entry points for the next upward movement. 📉As for short positions, exercising patience until SOL tests the range further, or alternatively, entering after the breakdown below $168.87, pending confirmation by the Dow Theory. ⚡️By staying vigilant and strategic, traders can capitalize on potential opportunities in SOL's price movements.by itsparham96229
SolUsdt HH LL trend Long SignalSolUsdt HH LL trend Long Signal we take entry on Tweezer pattern and ride the trendLongby ehtishamahsan30113
SOL: trade by leg📊Analysis by AhmadArz: 🔍Entry: 190.15 🛑Stop Loss: 186.06 🎯Take Profit: 194.40-198.59-209.32 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!Longby ahmadarzUpdated 224
SOL is very close to a breakout! SOL has been forming a bigger symmetrical triangle and is currently hanging just below the triangle's upper trendline. Now is the time to keep a close watch on SOL! If you're looking to trade SOL at the moment, here's a quick setup that you might find helpful! The idea is: Buy when the price breaks above 187$ and take profits at the levels shown in the chart. Targets: 1. 190$ 2. 195$ 3. 200$ ------------------------------------------- About our trades: Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!). Our TradingView page serves as a testament to this claim, and we invite you to verify it!Longby MBM_CryptoUpdated 8839
SOLUSDT.1WReviewing the SOL/USDT chart, I'm looking at a 1-WEEK timeframe capturing SOL's price action against USDT. The use of the Ichimoku Cloud, RSI, and MACD provides a comprehensive view for technical analysis. The Ichimoku Cloud presents a bullish outlook as the price is positioned above the cloud, and the cloud itself appears to be expanding, which may indicate increasing bullish momentum. The conversion line is above the base line and the price, reinforcing this bullish sentiment. However, the lagging span is intersecting with the price action, which sometimes can precede a consolidation or a change in direction. The RSI reads above 70, hinting at overbought conditions. While this doesn't necessarily predict a reversal, it does suggest that some traders might start to consider taking profits, which could lead to a pullback. MACD shows a bullish crossover with the MACD line above the signal line, and the histogram reflects growing bullish momentum. However, I notice a decrease in the histogram's bars, which could signal that the momentum might be waning. Key resistance (R1) stands at 201.72 USDT, with a significant peak (R2) at 265.09 USDT. These levels might act as upside targets in the event of continued bullish behavior. On the downside, the first support (S1) is at 129.01 USDT, and a further substantial support (S2) is at 63.93 USDT. These would be areas where I would consider buying opportunities on dips, as long as the overall bullish structure remains intact. In my trading plan, given the current overbought RSI, I would be cautious about entering new long positions at these levels. Instead, I might look for a retest of S1 for a better risk-reward entry point. If the price sustains above R1, I would monitor for a potential breakout towards R2, keeping in mind the potential for a short-term retracement due to the overbought RSI. I would remain vigilant for any bearish signals, such as a break below the Ichimoku Cloud or a bearish MACD crossover, which could indicate a deeper correction or trend reversal. It's essential to keep an eye on the broader market sentiment and any fundamental developments that could impact SOL's price.by MarsSignals112
SOL - The FRACTAL you should WATCH📉Hi Traders, Investors and Speculators of Charts📈 If you've been following me for a while, you'll know that SOLANA has been on the list of my top 20 altcoins to watch in 2024. This particular fractal has played out extremely well, and we're about to move into the next phase of this fractal. Here's the original post I made in January when I first starting watching this fractal: From a technical indicator analysis, we can see that the price is still extremely bullish - but the RSI is running hot: Note that this, again, confirms the need for a pullback/drop before considering the start of impulse wave 3 /pop. If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck BINANCE:SOLUSDT COINBASE:SOLUSD Long03:08by CryptoCheck-119
FOLOW THE TREND It took quite a long time to determine the direction SOLANA movement. So it's better to just anticipate the movement will happenby SAMSONPAPATrader112
SOLUSDT Ready For Another Pump?SOLUSDT has been following a downwards channel which looks as though it has been broken. Thing is with these downwards channels once they're broken, is that they tend to just go sideways. Personally I'll be watching for a break above the red line which might indicate we are going up. For now, good luck and stay safe everyone!Longby PlopKoekje039Updated 2
📊#SOL cup handle structure🚀🌕💥I am very happy that the market has developed as expected. We entered the long market again after breaking through the upper edge of the ascending triangle. Now it has reached near the stage resistance zone. We have locked in the main profit. Congratulations to the friends who followed Wolf King to print money. Successful profit 900%+💰🚀🌕🍻 🧠As mentioned in the previous post, once we successfully break through the inflection point, the cup-and-handle structure is established. Perhaps we will use this structure as support to challenge all-time highs.📈 Let's see👀 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out on any signals and analyze 💯 Longby wolf_king8883
Solana bears out of clips 32424Bears appear to be exhausted and could not crack 170. Volume was also low during this sell off. Expect 200 dollar Solana again soon. That is only the start. It is going to follow Ethereum's footsteps basically dollar for dollar. Ya I think Sol goes to 4 digitsby BrandonrGUpdated 118
SOLUSTDSOLANA ready for big new target and new ATH Enter: 190 Target: 300 Stop: 170Longby Underground_Trader14
SOL - Flag pattern, next Target is $400BINANCE:SOLUSDT (4H CHART) Technical Analysis Update SOLUSDT is currently trading at $102 and showing overall bullish sentiment We have clear Flag pattern on the SOL 1D chart and currently we are seeing flag pattern breakout. If the price follows the flag pattern then next target for SOL is around 400 Entry level: $ 95-102 Stop loss level $70 Target 1: $ 127 Target 2: $188 Target 3: $250 Target 4: $320 Target 4: $400 Max Leverage: 2x Don't forget to keep stop loss. Follow Our TradingView Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts. Cheers GreenCryptoLongby GreenCryptoTradesUpdated 2229
Solana (SOL) Price Analysis: W Pattern Breakout SignalsSolana (SOL) has formed a bullish W pattern on its 4 hour chart, suggesting a potential surge to $219. The W pattern is a technical reversal pattern that indicates a bullish trend reversal. It is characterized by three consecutive troughs, with the middle trough being lower than the other two. The pattern is considered complete when the price breaks above the resistance level, which is the neckline of the W pattern. Good luck to Solana holders!Longby apartamenti2
SOLUSDT. Intraday trade 1. **"SOLANA IS AT BUYING POSITION NOW":** This suggests that according to your analysis, Solana (SOL) is currently in a favorable position for buying. This could be based on technical analysis, fundamental analysis, or a combination of both. It's important to have a clear understanding of why you believe Solana is in a buying position. This might involve looking at price trends, support and resistance levels, trading volume, market sentiment, and any relevant news or developments related to Solana. 2. **"THERE IS BUY TRADE WHICH MAKE NEW HIGH":** This part implies that there is a buying opportunity because there's a trade setup indicating that Solana might reach a new high. This could be due to various factors such as a breakout from a consolidation phase, bullish indicators on technical charts, or positive fundamental developments that could drive the price higher. 3. **"I PUT TO TWO TARGET PRICE":** You mentioned setting two target prices. This suggests that you have identified specific price levels at which you plan to take profits or partially close your position. Setting target prices is a crucial aspect of trading as it helps you establish clear objectives and manage your trades more effectively. It's essential to base these target prices on solid analysis and consider factors like historical price levels, psychological levels, and potential resistance zones. 4. **"MANAGE YOUR RISK IF YOU HAVE ANY CONFUSION MESSAGE ME":** This part emphasizes the importance of risk management. Regardless of how confident you are in a trade, there's always a degree of uncertainty in financial markets. Managing risk involves measures like setting stop-loss orders to limit potential losses, position sizing to control the amount of capital at risk, and diversification to spread risk across different assets. Offering assistance in case of confusion indicates a willingness to support others in understanding and implementing effective risk management strategies. Overall, your message outlines a trading strategy for Solana, highlighting the importance of identifying buying opportunities, setting target prices, and managing risk. It's essential to conduct thorough analysis, stay informed about market developments, and adapt your strategy as needed based on changing conditions. Additionally, always ensure you're following sound risk management practices to protect your capital. If you have any doubts or need clarification, seeking assistance from knowledgeable individuals can be beneficial.Longby MOAZAM1133Updated 5
SOLANA and SOLvsETH- Updated chartsSolana vs ETH at major resistance and we could see Ethereum taking back some marketcap from it's main competitor. In the meantime SOLUSD chart levels are: Main support at 140$ Interim support at 174$ Main target/Resistance at 221 In case of breakout i see new ATHs at 362 News: www.cryptopolitan.com Market reacts positively to Solana’s momentum Solana’s recent surge in performance hasn’t gone unnoticed by market analysts and investors, who are now keeping a keen eye on its trajectory. Acknowledging its resilience and innovative edge within the cryptocurrency ecosystem, Solana has garnered attention for its ability to navigate through challenges and emerge stronger. The transition from resistance to support isn’t just a technical feat; it’s a testament to Solana’s robust position in the crypto space. By successfully establishing itself as a formidable player, Solana has demonstrated its capacity to adapt to evolving market dynamics and seize growth opportunities. With Solana inching closer to its previous all-time high of approximately $259.90, anticipation is palpable within the community. The prospect of Solana surpassing this milestone fuels excitement and optimism among investors, who are eager to witness the asset’s continued ascent. As Solana continues to gain momentum and attract attention, its journey toward new heights underscores its significance within the cryptocurrency landscape. With each stride forward, Solana reinforces its reputation as a promising investment and a driving force behind innovation in decentralized finance. Resilience, adoption, and future prospects With solid fundamentals and increasing adoption, Solana appears to be well-positioned for continued success. The achievement of flipping a major resistance level into support underscores Solana’s strength and resilience amidst evolving market dynamics. As the cryptocurrency market continues to respond to Solana’s momentum, analysts and investors alike remain optimistic about its prospects. Solana’s recent performance marks a significant milestone in its journey toward broader recognition and adoption within the cryptocurrency space. The successful transition from resistance to support, coupled with optimistic price predictions, underscores Solana’s potential for further growth and development. As market dynamics continue to evolve, Solana remains a key player to watch, with its innovative features and robust ecosystem contributing to its continued success. By maintaining a confident and straightforward tone, this article provides readers with a comprehensive overview of Solana’s recent achievements and future prospects. With a focus on factual information and unbiased reporting, this article aims to inform and educate readers about Solana’s position within the cryptocurrency market. As Solana continues to make strides toward its $250 target, all eyes remain on this burgeoning digital asset. One Love, The FXPROFESSOR ps. I will prefer Ethereum in the coming weeks.. 🌟🌟🌟Lastly allow me to say this could be a great time to look some Ethereum AI Alts: Custom AI Solutions Reshape Crypto Universe - The Future is Now 🌟🌟🌟by FX_Professor1111
SOL Potential Fake out at one of these levelsSOL Potential Fake out at one of these levels Higher high or local high01:32by Yuriy_Bishko13
SolUSD 4 Hour Bullish Trend Thank you for providing the details of the potential bullish trade setup for SOL/USD on the 4-hour timeframe. Let's analyze this trade setup: Trade Type: Buy Limit Entry Level: 182.435 Stop Loss: 165.509 Take Profit: 216.0 Risk to Reward Ratio: 1:2 Entry Level: The Buy Limit order at 182.435 suggests that you are looking to enter a long position if SOL/USD reaches that price level. It's essential to have a clear strategy or trigger for placing this order. Stop Loss: The stop-loss at 165.509 is approximately 9.3% below the entry level. This stop-loss distance should provide enough room for normal price fluctuations without getting stopped out prematurely. However, in the volatile cryptocurrency market, significant price swings can occur, so it's crucial to assess your risk tolerance. Take Profit: The take-profit target at 216.0 is approximately 18.4% above the entry level. This target aligns with the 1:2 risk-to-reward ratio, where the potential reward is twice the risk taken. Risk to Reward Ratio: A 1:2 risk-to-reward ratio is generally considered favorable, as it offers the potential to make twice the amount risked if the trade is successful.Longby Thrifttrader89111
[SHORT] take a breath and rest for a whileCurrently could be a bulltrap. Low price, low volume. We’ll see on that solid zone. Still a lot of news incoming before btc halving. Respect: my personal analysis. NFAShortby Crypto-meOw223
Solana (SOL) Technical Analysis - March 24, 2024Solana Eyes Resistance Breakout - Will Bulls Charge Towards All-Time Highs? What is Solana (SOL)? Launched in 2020, Solana is a high-performance blockchain platform designed to address scalability issues plaguing some older blockchains like Ethereum. Solana boasts fast transaction speeds and low fees, making it a viable platform for decentralized applications (dApps) and the development of Web3 technologies. SOL is the native cryptocurrency of the Solana blockchain and serves several purposes: Transaction fees: Users pay SOL to interact with the Solana network and execute transactions. Staking: SOL holders can stake their tokens to earn rewards and contribute to the security of the network. Governance: SOL holders have voting rights on proposals that shape the future of the Solana ecosystem. Solana's History and Price Performance: Developed by Anatoly Yakovenko, Solana gained significant traction in 2021 due to its focus on scalability and its position as a potential "Ethereum killer." The price of SOL skyrocketed from around $5 in early 2021 to an all-time high of $259.90 in September 2021. Since then, the market has undergone correction, but SOL remains a prominent player in the cryptocurrency space. Solana (SOL) Analysis Following a strong rally, Solana is currently undergoing a corrective phase. After more than doubling in price in under a month, SOL is consolidating its gains. Key Technical Levels: Resistance: $191.77 (critical breakout level), $208.69 (next resistance) Support: $154.44 (current support), $140.00, $125.55 All-Time High (ATH): $259.90 (reached in September 2021) All-Time Low (ATL): $0.50 (reached in April 2020) Solana's Climb and Potential Breakout: SOL faces a significant resistance barrier at $191.77. A decisive break above this level could trigger a strong upswing towards the all-time high of $259.90. Conversely, failure to breach this resistance might lead to a pullback towards the support zone around $140.00. Similar Coins to Consider: Cardano (ADA): Another smart contracts platform focused on scalability. Polkadot (DOT): A blockchain protocol facilitating communication between different blockchains. Avalanche (AVAX): A high-throughput smart contracts platform like Solana. Conclusion: Solana is at a crossroads. A successful breakout above $191.77 could reignite the bullish momentum and propel SOL towards its record highs. However, a rejection at this level indicates a potential decline. Important Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research and employ proper risk management strategies before trading any cryptocurrency. Volatility Warning: The cryptocurrency market is inherently volatile. The price of Solana can fluctuate significantly in a short period.Longby atamq2
Solana(SOL): Breakout From Cup&Handle PatternSolana has had a nice breakout so far, confirming our Cup & Handle scenario here for a potential further movement to the upper zone. We monitor if bulls can secure the current zone (while re-testing the broken zone), and once we see success, it should give a good entry zone. Swallow Team Longby SwallowPremiumUpdated 3328