Looks like the Bulls are back Looking at the chart from the 15m you will see it has created a bulls pennant pattern but I think 179 will be a good entry what do you think? Drop it in the comment boxLongby TaurusBilly779
SOL's $185 StandoffSOL is currently trading at $185, showing some volatility within the established range. The 4-hour chart illustrates a pattern where SOL is sandwiched between dynamic resistance and support levels, indicating an ongoing tussle for direction. Despite the recent 3.32% drop, the price remains within the trading channel defined by these bounds. The upper Bollinger Band, sitting at $206.19, has proven to be a tough area for bulls to break, aligning with the dynamic resistance that has capped upward movements. Conversely, the lower Bollinger Band at $177.78 coincides with the static support level, suggesting a potential cushion against a further decline. The trading volume of 92.758K SOL doesn't point to a dramatic shift in market sentiment yet, but it's a figure to watch for any emerging trends. The Simple Moving Average (SMA) at 185.47 is currently in sync with the price, offering a neutral signal. The MACD indicator shows that bearish momentum might be building, with the MACD line below the signal line and a negative histogram. However, the Stochastic Oscillator (%K at 34.79) isn't in the oversold territory, implying there isn't an immediate turnaround signal from this indicator. The Relative Strength Index (RSI) sits at a middling 45.44, leaning neither towards overbought nor oversold conditions. This, along with the RSI-based Moving Average, suggests that while there may be short-term bearish pressure, the mid-term trend hasn't turned decisively negative. Taken together, these indicators paint a picture of Solana experiencing a period of consolidation with potential to swing in either direction. Traders will likely be watching for a breakout beyond the dynamic resistance or a breakdown below support for a clearer sense of direction. The interplay between these technical indicators and evolving market narratives will shape Solana's path in the coming days.by MonoCoinSignalUpdated 225
SOLUSDT SHORT OUTLOOKHello Traders, this is outlook that i think might be work. All Entry, Stop Loss, and Take Profit its already showed up. All trade it is on yourself. DYOR.Shortby Cryptomoonfx113
Sol on the horizonThis is a short term trade, set up is very simple. Please understand the new dynamics of this market. Those of you in the old school who believe this is a bubble simply have not understood the new mathematics of the Blockchain, or you did not cared enough to try. Bubbles are mathematically impossible in this new paradigm. So are corrections and all else. Longby MarketsCreatorUpdated 7
Solana 🔻Hello, fellow traders! ☺️Today, let's delve into the world of Solana on the hourly chart to determine the short-term perspective!💪 It seems that the price has started forming a descending channel. If that's the case, then a few hours ago, the price bounced off the upper resistance and will move towards the support, which is the lower part of the channel, at levels $166 - 162.🔻 😌If you're keen to learn something new about channel trading strategy, I'll leave the link below for you to explore further. Subscribe to stay updated!🫶 Thanks for Your attention💋 Sincerely yours, Kateryna💙💛Shortby RocketBomb7722
Solana an recovery ? According to the chart, the Solana token is breaking the downward trend line in the 4-hour time frame. The status of the RSI indicator can better show us this possible failure. Possible loss limit and profit limit are shown. This is not a buy or sell recommendation. Please check with your technical analysis knowledge. Good luck and profitable.Longby mansour19782
SOLANA TRADE SETUP IDENTIFIED📈Solana : Trade Setup Solana has confirmed a breakout on the consolidation where it also got back inside the support and retesting the level for a possible reversal up ahead. Expecting a short term rally towards $180 region Next.Longby ChampsMoneyConcepts4
SOL USDTSOL Setup. After a confirmed breakout from the marked zone in green, we could take an entry at 179.86 Remember stop loss is your friend. Everything is on the chart. Entry 179.86 S.L 166.86 T.P 1 186.37 T.P 2 194.52 T.P 3 204.34 Longby TheCryptoCity9
Solana: Fakeout and Bullish ContinuationSolana (SOL) has been in a downtrend since November 2021. The price has been respecting the descending trendline and making lower highs and lower lows. However, the price recently formed a bullish uptrend wedge pattern on the 4h timeframe, which turned out to be a fakeout. The uptrend wedge: The uptrend wedge is a bullish pattern that is characterized by two converging trendlines, one connecting higher highs and the other connecting lower lows. The price typically breaks out above the upper trendline, signaling a continuation of the uptrend. The fakeout: The price broke out above the upper trendline of the wedge on March 14, 2023. However, this breakout was a fakeout, as the price quickly reversed and fell back below the trendline. The liquidity grab: The fakeout was likely used by large market participants to trap retail traders and acquire liquidity at higher prices. This is a common market manipulation tactic known as a "liquidity grab." The bullish continuation: The price has since consolidated and is now ready to continue its bullish rally. The first bullish target is $250, which is the top of the previous uptrend. Further upside could see the price reach $300 or even higher. The importance of liquidity: Traders should always be aware of liquidity when making trading decisions. Liquidity is the amount of available buyers and sellers at a given price level. The higher the liquidity, the easier it is to buy or sell a token at a desired price. Conclusion: The SOL chart shows a bullish pattern. The price has formed a fakeout uptrend wedge and is now consolidating. This suggests that the price is likely to continue its bullish rally in the near future. However, traders should always be aware of liquidity and market manipulation tactics when making trading decisions.Longby Yaroslav_Krasko6
Sol 100% analysisFrom previous analyses Sol has been 100% with our analysis We got to see our 170$ price Any htf closings under this will bring us 140$ 120$ worse caseShortby Mr_Millions221
$solana long BTC Domanince has been brutual on Alts this week . after NFP , MOST ALTS ARE IN DEEP DISCOUNT , i expect many alts to pumps , solana setup is clear with a clear invalidationLongby origami_capital330
Solana_ Two levels to watch nowSolana is correlated with BTC fall. It is still in overbought zones. if we will continue with retracement, it will be interesting to watch levels around 162. Potentially we can fall to 130 zone.Shortby Mioman_440
Sol daily time frame idea.Sol has been very bullish in last couple of weeks and performed very well. Now I am looking to re-enter in SOL on daily fvg that has been marked on chart as well. Aslo this is good poi because of liquidity build up.Longby Thebitcoin371
🌕🚀Long Opportunity on SOL/USDT: Leveraging POC, Fibs and SMC💰Welcome to my trading idea for SOL/USDT! We're eyeing a long position based on a confluence of factors including the Point of Control (POC), Fibonacci retracement levels, and Smart Money Concepts (SMC) with a Bullish Order Block (OB). Entry: Our entry point is strategically set at 173.78, residing within the Golden Pocket of Fibonacci retracement levels. This zone not only intersects with significant POCs but also aligns with a Bullish OB, reinforcing its attractiveness as a potential entry point. Stop Loss: To manage risk effectively, our stop-loss order is positioned at 165.22. Placed below the Golden Pocket, OB, and POCs, this level provides a buffer against potential downward movements. Take Profit: Our take-profit target is set at 200.20$. This represents our first profit-taking level (TP1) and offers a favorable risk-reward ratio. By leveraging these technical indicators and market insights, we aim to capitalize on potential bullish momentum in SOL/USDT, while ensuring prudent risk management. Remember to adjust your position size according to your risk tolerance and always stay informed of market developments. Happy trading! 🌟📈 Don´t forget to like (boost),follow me, comment and share it to your friends! Longby smarttrader012Updated 1130
$SOL instructions on chart SOL if price doesn't bounce good at 99~85 then let's visit the 3M fvg mid range 51$ and potentially bounce there don't follow blindly have your own T.A educational content only nfaby kaiju_crypto0
Solana future trend using the Blockunity Perfect CloudLet's take a look at SOLUSDT with the help of the Blockunity Perfect Cloud (BPC) and analyse the past months as well as take a small prediction about what's to come. First we see that from July 2023 to today SOL made a nice 10x. Let us know in the comments why you think this is 😉 Furthermore we see that since October 2023 the BPC is showing a Bullish trend for Solana, riding between the first and second extension of the cloud before falling in the cloud and shortly being underneath it. Nevertheless, the uptrend found some more momentum to start riding again between the first and second extensions. In the highlighted zone we can clearly see how the two extensions acted as support and resistance Today Solana is fastly approaching the upper limits of the trend following cloud so the price could potentialy break this support and enter the cloud in the coming days. Nevertheless, the cloud is pretty thick still and the trend is still Bullish, so we will have to see a violent move headed down to change the overarching trend. How should you interpret that? 2 scenarios come at play here. Scenario 1: The price does not enter the cloud and bounces off of it with a nice green candle. A nice entry point for a long swing position, where we can start taking small profits whenever the price reaches the first or second extension and closing the full position when the price reaches the cloud again, depending on your risk management. Using the Signals of the Blockunity Strength Reversion (BSR) has proven to be effective in combination with the BPC for profit taking. Scenario 2: The price enters the cloud. Here we recommend waiting for further development as we enter a zone of indecision where the price could stagnate at the current level before violently taking an upward or downward trend. Once the price exits the cloud we can take a decision following the trend of the movement. To consolidate our analysis we can use the Blockunity Breakout Detector (BBD) to see if the movement is effective or a trap.by Blockunity5
Solana(SOL): Breakdown Has Happened!Solana has had a nice point of weakness shwoing us a good triangle pattern breakdown and also 100EMA breakdown (which now is heading towards 200EMA). Upon seeing successful 200EMA breakdown we will see a good old downfall so be ready! Swallow Team Shortby SwallowPremium225
SOLUSDT 5% LONG TRADE SCALPINGThe SOL/USDT trading pair is currently presenting a promising opportunity for a 5% long trade, particularly for traders utilizing scalping strategies. The designated zone for this trade lies within the range of 179 to 181 USDT. Scalping involves making rapid trades to capitalize on short-term price movements, and this zone offers an attractive entry point for such trading strategies. SOL, the native cryptocurrency of the Solana blockchain, has been gaining attention in the cryptocurrency market due to its innovative technology and growing ecosystem. As a result, traders are keen to seize opportunities for short-term gains by leveraging price fluctuations in SOL/USDT. The specified zone of 179 to 181 USDT represents a region where there is significant buying interest in SOL relative to USDT. This suggests that there is a high probability of price appreciation within this range, making it an opportune moment for traders to enter long positions. Traders looking to capitalize on this opportunity should act swiftly to avoid missing out on potential profits. Given the nature of scalping strategies, which prioritize quick trades and small profit margins, it is essential to execute trades promptly and decisively when favorable opportunities arise. Additionally, traders should implement effective risk management techniques to mitigate potential losses. This may include setting stop-loss orders to limit downside risk and protect capital in the event of adverse price movements. Furthermore, traders should closely monitor market conditions and stay informed about any developments or news that may impact the SOL/USDT pair. Factors such as market sentiment, technological advancements, and regulatory developments can all influence price dynamics and should be taken into consideration when executing trades. In summary, the SOL/USDT trading pair is offering a compelling opportunity for a 5% long trade within the zone of 179 to 181 USDT. Traders employing scalping strategies should seize this opportunity promptly while implementing effective risk management techniques to optimize their trading outcomes.Longby MOAZAM11330
Sol updateAfter a successful drop to 180-170 from the breakdown of the trend line from previous analysis, sol looks to be forming a bear flag pattern, looking for a potential climb up to 193 resistance, would need a significant up move to invalidate the pattern. From previous analysis 170 and 140-144 still stay as true support to visit if it decides to break down. Shortby Mr_Millions226
SOLUSDT - IN BULLISH TRENDSOLUSDT is trading in bullish trend in 1hr time frame as it is printing higher highs higher lows and confirmed by the formation of Bullish Candlestick. I'm taking buy limit order by using trend line and FIB Retracement tools.Longby qasimtahir1
Bearish Pennant Pattern Alert !!! this it a bearish continuationmy Bais view is that if it closes below182 another bearish continuation I think.... but let wait and watch what happens #bearish_pennant_pattern formingShortby TaurusBilly115
SOL Possible Scenario SOL Possible Scenario Symmetrical triangle. Waiting for breakout. After breakout I will be looking for longLongby EtoYa7770