SOL huge breakout is possible !SOL / USDT Solana is breaking out in weekly chart As long as it save the key level it Looks very bullish incoming days Longby BabenskiUpdated 121282
SOLUSDT.1DIn this SOL/USDT daily chart, the recent price action has taken Solana above the Ichimoku Cloud, a bullish sign. There’s a marked upward trend with resistance (R1) at a higher price point indicating a potential future target. Ichimoku Cloud: Being above the cloud is bullish, suggesting that the uptrend may continue. The cloud will now act as support. Moving Averages (Ichimoku Lines): The conversion line (blue) is above the baseline (red), which further supports the bullish sentiment. Resistance (R1): There's a resistance line drawn above the current price, signaling a level that could potentially halt or reverse the upward trend. RSI: The RSI is high, hovering just under overbought conditions. This could indicate that the price might see some consolidation or pullback soon. MACD: The MACD is positive and above the signal line, which is typically a bullish signal. However, the histogram is showing signs of decreasing momentum, so it's crucial to watch for any potential crossover that could signal a reversal. Considering these indicators, the momentum for SOL appears bullish, but the high RSI suggests caution, as there could be a pullback. If you're trading, it might be wise to look for confirmation of continued bullish momentum before entering a position and setting a stop-loss to manage potential downside. The resistance level could be seen as a target for taking profits should the price continue to rise. It's essential to consider the broader market sentiment and news that can impact price movements.by MarsSignals6
SasanSeifi 💁♂SOL/4DAY Long-Term 🧐 Hey there,✌ Solana's price oscillated between $10 and $27 for an extended period. After breaking the long-term downtrend line, the demand for SOL increased, resulting in an upward trend for approximately 6 months. the price has ranged and accumulated volume around $100 before surging to $207. Current Movement: The price is heading towards its previous all-time high (ATH) of $259. Scenarios: 1. If the momentum weakens around $250 and is confirmed, the price may experience a correction. After a pullback, we can expect further growth in the long term. 2. If the price faces demand and breaks above the previous ATH, the first target would be the $350 price range. The chart above illustrates the possible trends and long-term targets for Solana. Long-Term Support Levels: $130 $100 (The chart is logarithmic.) Remember, this is just a technical analysis and not financial advice. Always do your research before making any investment decisions.❗❌ I hope this analysis was helpful! If you have any questions, feel free to ask.✌Longby SasanSeifi6
#SOL/USDT 2h (OKX Futures) Rising wedge on resistanceSolana printed an evening star, road back to 200MA support seems likely next. ⚡️⚡️ #SOL/USDT ⚡️⚡️ Exchanges: OKX Futures Signal Type: Regular (Short) Leverage: Isolated (2.3X) Amount: 5.0% Current Price: 171.72 Entry Targets: 1) 172.56 Take-Profit Targets: 1) 142.59 Stop Targets: 1) 187.58 Published By: @Zblaba CRYPTOCAP:SOL OKX:SOLUSDT.P #Solana #SPL solana.com Risk/Reward= 1:2.0 Expected Profit= +39.9% Possible Loss= -20.0% Estimated Gaintime= 1 week Shortby TradingOnUpdated 3312
SOLANA ($SOL) MOONS ON MEME MADNESSWow. The memecoin frenzy is absolutely sending SOL flying. For those who don’t understand, the bulk of the trending memes are on Solana, meaning that people are trading them using Solana as the base currency… so this drives a ton of interest and buying of Solana to get in on the madness. SOL is currently at the last resistance on the chart, $207, before the all time high. What an absolute insane run. New highs and beyond seem very likely.Longby ScottMelker5
SOLUSDT Bullish TrendSolana is in a bullish trend printing higher highs and higher lows. Longby risaleem1
📊#SOL reaches staged resistance zone✔️💥The spot transaction we ambush on March 6 successfully achieved the main goal and locked in the main profit after 13 days. Congratulations to the friends who followed Wolf King to print money and achieved a 57.75% increase in cost.🎉💰🎊 🧠It makes sense that we are currently stalled at the major resistance area, as we have broken the weekly level short defense points, so we may be able to continue challenging the 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_king8880
SOL Breaks $200, How High Can It Go in the Short Term?In the last 48 hours, the Solana price has showcased a noteworthy progression on the 4-hour chart, capturing the attention of investors and traders alike. A meticulous analysis of the closing prices reveals a gradual ascent, before a slight retracement. This movement suggests a bullish momentum building up in the market, supported further by technical indicators. The 9 Exponential Moving Average (EMA) and the 20 EMA both indicate a bullish trend, with the 9 EMA figures moving from $187.672 to $195.821 and the 20 EMA from $181.282 to $187.849. The gap between the 9 EMA and the 20 EMA has been widening, a classic sign of a strengthening bullish momentum. The Moving Average Convergence Divergence (MACD) values have also presented interesting insights. Initially, the MACD and signal lines were almost in convergence, suggesting a potential shift in momentum. However, subsequent values showed the MACD line pulling away from the signal line, with the histogram moving from a slight negative to a more robust positive territory. This indicates increasing buying pressure and reinforces the bullish sentiment observed from the EMAs. The Relative Strength Index (RSI) has remained above the 65 mark throughout the recent sessions, peaking at 70.35 before slightly decreasing to 68.18. An RSI level above 70 typically indicates overbought conditions, but the slight decrease suggests that there is still room for upward movement before the market becomes overheated. Considering these indicators, the potential for further upward movement seems plausible, especially if the bullish momentum continues. Should SOL break above the immediate resistance at $207.05, it may have a clear path to rise to $259.67 in the short term. Additionally, traders might also consider entry points for long positions if there's a retracement towards the support levels of $180.08, $162.42, or even $149.28, using these as potential springboards for the price to bounce back and continue its upward trajectory. On the flip side, should there be a reversal in the trend, these support levels could also serve as key markers for setting up short positions, particularly if the price breaks below these thresholds, indicating a shift towards bearish momentum. In terms of exit strategies, traders should monitor the mentioned technical indicators for signs of reversal. A closing price below the 9 EMA or the 20 EMA, a crossover of the MACD line below the signal line, or an RSI falling below 65 could serve as indicators to consider exiting positions to protect gains or minimize losses. by StevenWalgenbach0
SOL (Y24.P1.E1).Rising wedge setupHi traders, I believe this fits perfectly into a breakdown of SOLANA like a rising wedge. We have our levels, now its a matter of finding an entry. I have already taken a short at the 0.786 fib or $206 and looking to add more. Look for a double top , if given ortherwise look for the backtest to the main resistance. All the best, S.SAri Shortby ssari111
Solana UP 87% - ALTSEASON upon us!📉Hi Traders, Investors and Speculators of Charts📈 Solana is up 87% in the past few weeks, and it's one of the altcoins that have seen the best gains in a 24h time frame. This is usually a good time to secure some profits. I've been bullish on Solana and other altcoins for 2024, find the other alts I am watching here: From here, I expect micro cap coins to start making their rallies. ARE YOU PREPARED FOR ALTSEASON 2024? 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 KUCOIN:SOLUSDT Long01:47by CryptoCheck-Updated 1114
Solana rocketIn my last analysis of Solana, the $63 to $69 resistance worked and caused the price to pull back to the $50 range. In this analysis, we will look at the strongest resistance in Solana's ascending path, which is in the range of $243 to $291 and is a combination of static and dynamic resistances. Good luck!Longby Hamidrezawix3
SOLANA🚀🚀Solana appears to be quite bullish and has the potential to soar to new heights based on both fundamental and technical factors. It has been consistently forming higher highs across various timeframes.Longby Ener-traders5
SOL head & shoulderThe market structure break confirms a good signal to take a short position as Solana shows head and shoulder formation.Shortby Ener-tradersUpdated 334
🔥 SOLANA Huge Channel Break Out: Bull Cycle TagetAs of this week, SOL has finally broken out of a multi-year parallel channel (1). In my view, this is the start of a potentially amazing run up towards >1000$. As seen on the chart, there are multiple channels to be drawn on the chart, all using the bottom support (0) as their main base. The third channel (3) might be too far fetched for now, but it still would make a great trade. For now, I think that a target at the second channel (2) is a more realistic target for the next year or so. With a stop at 140$ and a target at 1250$ we can create a huge trade with a RR over 23.Longby FieryTrading8886
SOL short 10%Solana pumped too much and meme coins on solana are pumping like crazy this is bad sign and while whole market is going down solana is still pumping up I will short SOL tommorow after market opens. Because price might increase today a bit it's sunday and no one is trading. We might see pump in monday followed by big dump in tuesday. I will go safe on this one with x2 leverage. Shortby Marin_Crypto334
Technicals Show SOL Investors Are at a CrossroadsIn the fast-paced world of cryptocurrency trading, BINANCE:SOLUSDT has been capturing the attention of traders on the 4-hour chart with its notable price actions and technical indicators suggesting a complex interplay of bullish and bearish sentiments. A critical examination of the 9 EMA (Exponential Moving Average) indicates a gradual decrease from $185.97 to $183.94, suggesting that short-term momentum has been losing steam, albeit slightly. Meanwhile, the 20 EMA has seen a consistent uptrend from $176.41 to $178.40, hinting at a stronger underlying bullish sentiment over the medium term. This divergence between the 9 and 20 EMA can often indicate potential for future volatility as the market decides on a direction. The MACD (Moving Average Convergence Divergence) values provide further insight into the market's sentiment. Initially, the MACD showed a bullish signal with a histogram value of 1.68, but this sentiment weakened over time, eventually turning bearish as indicated by the latest histogram value of -0.94. This transition suggests a shift in momentum that could lead to potential selling pressure or at least a consolidation in the near term. The RSI (Relative Strength Index) readings have also offered a roller-coaster perspective, starting at a highly overbought level of 76.41 and descending to a more neutral stance of 55.76. This decrease in RSI points towards a cooling off of buying pressure, potentially opening the door for bears to take a short-term advantage. When considering potential movements, traders should eye the support levels at $176.72, $159.30, and $141.17. These levels could serve as crucial junctures for SOL, where bulls might attempt to mount a defense against further declines. A bounce from these supports, especially if accompanied by increasing volumes and positive MACD and RSI shifts, could offer lucrative long entry points. Conversely, a break below these supports could validate short trade setups, aiming for lower price targets as the market sentiment sours. The current technical analysis of the Solana price paints a picture of a market at a crossroads, with various indicators suggesting a tug-of-war between bulls and bears. Traders should keep a close eye on the mentioned support levels, along with the evolving MACD and RSI readings, to gauge potential entry and exit points for both long and short positions. As always, it's imperative for traders to approach the market with caution and conduct their own research. by StevenWalgenbach3
SOLUSDT UPDATECRYPTOCAP:SOL UPDATE CRYPTOCAP:SOL is exactly on the way as predicted. Already 30%+ gain so far. Still getting good volume. We can see gain upto 40%+ soon. #SOLUSDT #SOLBTC #BTC #CRYPTO #SOL #SIGNALS #GBPJPYLongby Alice_Crypto_Signals0
Solana still bullishSolana is making higher highs and higher lows. we can scalp a good long deal out of itLongby simonlynch4562
$solusdt long term game plan#btc #eth #Crypto #sol Sol trying to hold current price. i will manage my trading based on the green arrow. Longby Taylan_KUpdated 3314
i don't know but what if Solana was this cycle's ETHas per title. Solana has seen a huge growth in usage (..from memes? and arb bots?) continuation seems possible and the chart is certainly strong. should watch for longs imoLongby ZonedOutDad336
Solana to the moon!Solana is is a strong layer 1 token and I will be looking for highs over 12k on this bull run. The current volume and respect for the Fibonacci extension gives me a positive outlook for this TA being realised. Longby needfulCamel97890
For new buys wait for the correction!Hi there! We have two important entry levels if correction will happen! Good luck tradersby tommyboxfx4
SOL - UPdateSOLANA - Technical + Esoteric Approach! So far we are in wave 3 (on verge of breaking) - so closest target is 200. Wave 5 (coincides with esoteric/gematria = 62) and (might) finishes at 248 or even 310(!) by sunmikee2