Sol IdeaSol is looking very eye catching and bullish. Did C H o C H and turned bullish, Which legup move caused C H o C H is important so we will look for order block and fair value gap. As marked on the chart. Main reason for trade is bullish trend with OB+FVG+SSL.Longby Thebitcoin376
Bullish SOLUSDTTrading Plan for SOL 1. Wait for the price to tap into daily fvg 2. bullish MSS on 1H, then enter 3. let the price run into daily OB below FVG and then wait for 1H entryLongby Sher19919
SOLUSDT (BULLISH)The chart for the SOLUSDT Perpetual Swap Contract on a 4-hour timeframe suggests that the price is in the midst of an Elliott Wave impulse sequence, currently progressing through Wave (5). Key Fibonacci extension levels indicate potential upward price targets, with the initial target around 194.59 (61.8% extension) and further targets up to 292.32 (200% extension). The current price is 169.98, and support is noted at 162.21, providing a potential entry point for traders aiming for these higher targets. Proper risk management, including placing a stop-loss below 162.21, is essential.Longby Erald14
solusdtsolana is retesting the breakout zone and still in process so keep an eye on it can boune back from here. Note Not financial advice. Longby qazitanzeel2
SOL/USDT: Firm Above Key Level, Targeting New Highs, 1:2 R/RSOL/USDT has completed its correction phase and is now solidly positioned above a crucial mirror level, signaling a strong buy opportunity. This setup indicates potential for price advancement towards updating local highs, supported by a favorable 1:2 risk/reward ratio. The recent consolidation above the support level adds confidence in the upward trajectory. Traders should consider entering at the current market price to capitalize on this emerging bullish momentum.Longby IamForexTrader_comUpdated 5
Solana (SOL): Navigating future challengesIn the fast-paced world of cryptocurrencies, Solana (SOL) has emerged as a remarkable contender, offering a unique blend of cutting-edge technology and robust performance. This article delves into Solana's distinctive features, its historical journey through the crypto landscape, and the current technical indicators that shape its path forward. Solana Unveiled: A Speedy Blockchain Paradigm Solana is not your average cryptocurrency; it's an entire crypto computing platform with a clear mission—to deliver lightning-fast transaction speeds while maintaining decentralization. Solana achieves this ambitious goal through a series of innovative approaches, with its native cryptocurrency, SOL, serving as the fuel for transactions and staking. The platform has made significant strides by introducing groundbreaking concepts such as the "proof of history" mechanism. This innovative approach enhances its transaction throughput without compromising on the core principles of decentralization, providing users with a powerful, scalable, and efficient blockchain network. A Historical Perspective: The Volatile Odyssey of SOL Solana's journey began with its introduction to the trading world on OKX in early 2021, sporting an opening price of $3.020. Much like the broader crypto market, Solana experienced a rapid adoption phase characterized by swift price appreciation. The initial 415% rally in the first 33 trading days was a testament to SOL's appeal to both novice and seasoned crypto enthusiasts. During this period, SOL's price identified significant support and resistance levels at $6.115, $9.235, $12.35, and a major resistance point at $17.615. Following this bullish phase, Solana entered a 32-day sideways movement with an average swing of 30% in either direction. A breakout from this range occurred, propelling SOL's price to reach new support and resistance levels at $27.5 and $55.915, respectively. However, a significant reversal transpired on May 19th, 2021, as SOL faced a formidable rejection at the $55.915 resistance level. The ensuing 63.64% price drop in just five days found support at a previously established daily AOI (Area of Interest), represented by the dotted grey line. Over the next 68 days, SOL's price coiled within a range, signaling that buyers were regaining control. The subsequent breakout tested the $55.915 level, and SOL's price surged past it, rallying further to encounter new resistance at $78.50. Following a brief period of sideways trading, SOL achieved another robust breakthrough of this resistance, continuing its parabolic ascent. New support and resistance levels emerged at $94.50, $118.55, $138.50, and $191.10, culminating in an all-time high of $259.88 on November 6th, 2021. This marked the initiation of a relentless downtrend, and the end of a 614% rally. SOL's descent persisted for 125+ days, finding a major support point at $78.5. A subsequent breakout from the established downtrend hinted at a potential rally to the $138.50 support turned resistance level. Unfortunately, SOL's price faced rejection at this juncture, signaling the continuation of the downtrend. The collapse of FTX further exacerbated SOL's downward trajectory, causing its price to plummet by over 92% from $118.55 to $9.235. The Current Scenario: Resurgence Amidst Sideways Drift Since discovering support at $9.235, SOL embarked on an impulsive journey, briefly revisiting $23.5. However, this rebound proved short-lived and failed to surpass the pre-collapse FTX levels. SOL has since been meandering sideways, marked by an average swing of 15% in either direction. Importantly, it has not managed to break the current downtrend. From June 5th, 2023, to July 7th, 2023, SOL initiated a robust V-shaped recovery (Indicated by the BOX) off the $14.455 support level, accompanied by the establishment of a potential new supportive trend and a cross below the 20 level indicating that we could have a potential reversal. A breakout above $17.675 yielded a 55.59% gain to the resistance at $27.5. At present, SOL has experienced a strong bounce off the $17.675 support level, reinforcing the newly formed daily supportive trend. However, resistance has materialized around $23.50. The Road Ahead: Balancing on a Precipice SOL's current trajectory hinges on its ability to breach the $23.50 resistance level convincingly. Failing to do so could lead to a descent towards the AOI daily line at $20.291, serving as a potential entry point for both long and short positions. Let's examine the critical indicators: * ROBO is currently bullish, generating 2 out of 3 signals following the breakout from the daily AOI level. SOL's price remains above the 50-day and 200-day Exponential Moving Averages (EMA). While the current sentiment is bearish, the potential for a golden cross (50 EMA crossing above 200 EMA) looms on the horizon. Trading above the McGinley strip further reinforces the bullish outlook. Nevertheless, it cannot be overstated that SOL must surpass $23.50 or secure support at the 200 DEMA or the AOI daily to maintain this bullish momentum. Failure to find support at these levels or a break of the supportive uptrend could lead to a revisitation of $17.675 or even a deeper descent to $15.471. As always, in the ever-evolving crypto landscape, the wisest approach is to react to predictions rather than predict reactions. SOL's price action reflects the relentless dynamism of the crypto market, where technical indicators and historical context guide our journey through the blockchain frontier. by AXiVentureUpdated 8
Skill & Theory!On the one hand, I am happy that my analysis and expectations of the downward movement were correct, and on the other hand, I am sad that I could not get a short position! The long position before 11:00 was very wrong, which made me unable to see the market properly in the 15-minute time frame, and I did not take a short position when I should have (after 11:00 in the afternoon). Of course, it was good because considering that the 50% Fibo level was hit and the price is in correction mode, I will have a better chance to get a short position tomorrow. I must remember that knowing and understanding the theory well is necessary but not enough, I must find the skill of taking the position at the right time. And this (skill) only needs practice, experience and time.Shortby abiairdrop120
Solana, Skill and Theory!On the one hand, I am happy that my analysis and expectations of the downward movement were correct, and on the other hand, I am sad that I could not get a short position! The long position before 11:00 was very wrong, which made me unable to see the market properly in the 15-minute time frame, and I did not take a short position when I should have (after 11:00 in the afternoon). Of course, it was good because considering that the 50% Fibo level was hit and the price is in correction mode, I will have a better chance to get a short position tomorrow. I must remember that knowing and understanding the theory well is necessary but not enough, I must find the skill of taking the position at the right time. And this (skill) only needs practice, experience and time.Shortby kevin134330
My SL was hit!My stop was hit. Well, I take this as a sign that we will most likely have shorts in the afternoon And that Fibo should be drawn like this (as you can see in the figure).by abiairdrop120
My SL Hit!My stop was hit. Well, I take this as a sign that we will most likely have shorts in the afternoon And that Fibo should be drawn like this (as you can see in the figure).Shortby kevin134330
Solana, in NY Session!As the price movement shows, the big move will take place in the Pm session... For now, I got a long at the price of 173.4065 Lets see whats happened!Longby kevin134330
Solana On Thursday!Well, the promised day has arrived. Today, I expect a sharp downward movement. I will wait to see what the price will be after 930 and if the setup I want is formed, I will enter a short trade... I will mostly check the 50% and 78% Fibo areas.Shortby kevin134330
SOLUSDT | Continuation🚀 Last but definitely not least for today: Solana is poised for a big move! Market Context With Bitcoin on the rise, I'm betting on Solana reaching the $200 mark! Bull Flag Breakout We've just witnessed a break of the bull flag with solid volume, signaling a strong push upwards. Solana is trending along with the broader crypto market. Let's see how high it can fly!Longby minno910
Solana In NY SessionI expect the price hit the short low and then form a long setup But I have to go somewhere and I can't concentrate.Longby abiairdrop120
Solana, Wednesday NY Session!I expect the price hit the short low and then form a long setup But I have to go somewhere and I can't concentrate. Longby kevin134330
Solana in Wendsday! I expect the price to rise as much as it will this week. It may reach the price of 180. I will either watch or if the conditions are right, I will take long. Yesterday I had a loss of 10-12 dollars, but then I made a profit of 100 dollars and 110 dollars. So my analysis was correct at the beginning of the week, and only the special conditions of Monday made me doubt my analysis. Of course, it is very likely that we will have a price correction by hitting the 50% Fibo line.Longby abiairdrop120
Solana In Wednesday!I expect the price to rise as much as it will this week. It may reach the price of 180. I will either watch or if the conditions are right, I will take long. Yesterday I had a loss of 10-12 dollars, but then I made a profit of 100 dollars and 110 dollars. So my analysis was correct at the beginning of the week, and only the special conditions of Monday made me doubt my analysis. Of course, it is very likely that we will have a price correction by hitting the 50% Fibo line.Longby kevin13433110
Solana Long!I made a long position after Pm Kill zone and TP st on Thu High! Lets seeLongby abiairdrop12110
Solana, I made you LongI made a long position after Pm Kill zone and TP st on Thu High! Lets seeLongby kevin13433110
Solana, Ready for Long???I waiting for set up for Long. Good Fast and strong Movement of Price to Up! Isnt it?Longby kevin134330
Solana, Time to think a simple Thing!For today, I think in simple way. I have Low and wait to Break the High of today, Then After 10 Am,, Look for trigger for short!Shortby abiairdrop120
Solana Today`s High and Low!For today, I think in simple way. I have Low and wait to Break the High of today, Then After 10 Am,, Look for trigger for short!Shortby kevin134330
Dear Solana, What the fffk decision!I think that my analysis is 50% correct, but it is not worth the stress and insomnia. We constantly adjusted my SL. Looking at the chart, the best profitable position was the short position at 10 am. I thought that now I know a lot and this is the point that knocks a person to the ground. Of course, there is another term that is used more often, and because it might be impolite, I will not say that clear term here. But I will say the first word that starts with it. (Letter F). I also wrote that this is my analysis and I decided to take a long position now. You made a mistake! Now I am at a loss of 28 dollars... Thank God, the price has increased, but I have no credit for it. Oh, I was at a loss even up to 56 zolar. You don't know that my blood pressure went up, I got a headache, I had heart palpitations and I kept smoking! At first, I was in profit up to 40 dollars with a 100 dollar, which means 40% profit. I was greedy. I made a mistake, I will try not to be greedy again!Longby kevin134330