solWe are in a very important area. The red lines are a very tough resistance. If it is broken with strength, it can see higher targets. Otherwise, I will wait on the lower lines.by hosseinghaffari671
SOL USDT TECHNICAL ANALYSISThe trend previously running was bullish there was a continuation of HH & HL ,there is no divergence spotted & last HL is also not broken ,so trend is more likely to continue, market is currently traveling side to side so upon candle closing above 131.10 the chart will will most probably rise Longby asadmohammad01910
SOL possible resurrection? SOL is one of the most affected cryptos by the FTX crash. Without knowing much about its fundamental, I would like to give my view based on TA. In my opinion, along with other large cap cryptos, SOL may have found its bottom (at $8). What will be the worse scenario for SOL than the FTX's fall? May be the crash of all markets? Except this extreme scenario or a similar one, I expect a recovery of crypto market in general and of SOL in particuliar. Now let talk about SOL. My idea is quite simple: On weekly time-frame, CMF values seem to cross 0 from negative values. It would indicate that the bottom is in and the trend is about to reverse for SOL. Prices are now above the lowest ascending trendline (black continous line), but it would approach this support in the future, at a higher prices. By this, I suppose that the lowest trendline depicted in chart would be the last support, if the considered structure holds. Certainly I need to search/update on this project, but for a possible investment strategy, I put in chart a referenced "Accumulation area" and a very optimistic target. What do you think about this analysis and the price projection? Do you believe in a possible ressurection of SOL (and why)? Thanks for your comments and for any piece of information about the project. All the best with your trades! Longby evasivesteeringUpdated 6645
Solana's Strong Bullish Momentum:Solana's Strong Bullish Momentum: A Comprehensive Analysis and Future Outlook 📈 Abstract : Following a decisive breakthrough of the $26 resistance level, Solana (SOL) has initiated a robust bullish run on the weekly timeframe 🚀. This upward movement marks approximately a 370% increase, propelling SOL to the $136 zone. Historically, this area has been significant, as Solana previously experienced a steep correction of around 93% after a pullback to this zone, highlighting its importance on initial contact. Currently, SOL is attempting to breach this critical area again. Should it succeed, the potential for a parabolic ascent to its all-time high (ATH) becomes plausible 💹. This analysis delves into Solana's current market position, providing insights for a potential long position with a stop loss below $92 and targeting its ATH 🎯. Conversely, failure to surpass this threshold may signal the formation of a double top pattern, with further declines anticipated. In such a scenario, considering a short position following a break below $85, with a stop loss above $136, becomes viable 🔻. This update will closely monitor Solana's market behavior, providing timely analysis updates. Please note, this analysis is a financial perspective and not a buy or sell recommendation ❗️. Analysis: Solana's recent rally beyond the $26 resistance level has ignited a significant bullish trend in the weekly timeframe, culminating in an impressive 370% increase to reach the $136 region 🌟. This zone bears historical significance due to a previous substantial pullback that marked a nearly 93% decline, underscoring the critical nature of this level upon initial encounter. Presently, Solana is retesting this pivotal zone, endeavoring to establish a new breakout 🔄. Potential Long Position: Should Solana successfully navigate beyond this resistance, the door opens for a parabolic journey towards its ATH 📊. Investors might consider a long position with a strategic stop loss positioned below $92, aiming for the ATH as the target 🎯. This move anticipates leveraging Solana's breakout potential for significant gains. Risk of Rejection: However, the risk of rejection at this crucial juncture cannot be overlooked. A failure to breach the $136 zone could indicate the formation of a double top pattern, suggesting a bearish reversal and potential for further declines 🔽. In this adverse scenario, a break below the $85 mark could validate a bearish outlook, justifying a short position with a stop loss set above $136 to mitigate risks associated with unexpected bullish reversals. Conclusion: As Solana tests a critical resistance level, its ability to sustain momentum and break through will significantly influence its short-term market trajectory ✨. This analysis aims to equip traders with insights for navigating potential market movements, emphasizing a cautious approach given the volatile nature of cryptocurrency markets. It's crucial to stay updated with market trends and adjust strategies accordingly. Remember, this analysis provides a financial perspective and should not be construed as a direct buying or selling recommendation. Disclaimer: This market analysis is for informational purposes only and does not constitute financial advice 🚫. Investors are advised to conduct their own research or consult a professional advisor before making investment decisions. by javadroid1
SOL trade in best zones📊Analysis by AhmadArz: Entry in high & low levels 🔗"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!by ahmadarzUpdated 4
SOL/USDT #SellThe altcoin market has experienced a sudden dump, which could either be a liquidity grab or the start of a bearish trend. Regardless, I am currently in a short position. Shortby Ener-traders222
Solana to the moon?Another in a series of ideas, I'm posting it so I don't forget about it, so if it keeps up we'll see a solana around 500 +? I think one day yes =D hold on and watch out if it wants to fall on our heads for the whole summer. Maybe we'll see saltwater around 10-+usd down the road, so maybe notLongby BitcoinblockchainonlineUpdated 6
Solana Re-Accumulation - Look out for the spring!Watch this re-accumulation, the spring should take out the SOW low and bounce back hard. A spring should be a fast manipulation move meant to take out all of the liquidity before moving back the other way. If it doesn't bounce back fast, it's invalidated! Keep an eye out for it and if you play your cards right, you get a fantastic entry for the next move Longby DigiLex_LLC0
SOL Accumulation - Nailed the Bottom, Now Take Profits!Another one where we nailed the exact bottom. February 23rd, 2024 @ 11:04 PM Now make sure you take profits on the way up!by DigiLex_LLC1
SOLANAI am shorting Solana on the 15-minute timeframe with a 1:2 risk-reward ratio due to its lower high and lower low pattern.Shortby Ener-tradersUpdated 110
✴️ Solana Technical Double Top, Strong Bearish Signal + AltcoinsWe have a technical double top here. ➖ The higher high hit 1-March 2024 vs 25-December 2023 is less than ten percent higher. This is a technical double top. ➖ The trading volume yesterday is lower compared to December. ➖ The strong bearish divergence with the RSI continues to build up... 👉 Solana (SOLUSDT) is set to enter a major correction after massive growth. This signal and the above statement is supported by ultra, mega, hyper bullish action on the Altcoins market. The medium-sized and smaller Altcoins are now growing three digits green in a single day and this pattern is about to boom, grow, speed up and blow up. This is absolutely good and exactly what we were expecting. 👉 While the big ones retrace/distribute/consolidate, the smaller ones will grow. ➖ Notice no growth here after more than two months. ➖ Notice all those pairs growing 200%, 300%, 500% or more. That's all you need to know. This is a friendly reminder. Move now. Take advantage of this opportunity. Once it is over, it is over for long. Namaste.Shortby AlanSantana6636
SOL (Y24.P1.Video1).How to trade this marketHi Traders, Lessons or tips here and as well, what to look for the short term. All the best, S.SAri06:48by ssari1
SOLUSDT.1DBased on the provided market data, it appears that the SOL/USDT pair is currently in a bullish market. This is indicated by the Relative Strength Index (RSI) values which are above 70 for the 4 hours, 1 day, and 7 days frames, indicating that the currency is currently being overbought. The Moving Average Convergence Divergence (MACD) values are also positive in these timeframes, suggesting that the bullish momentum is strong. However, the MACD values are higher for the 7-day timeframe than for the 4-hour and 1-day timeframes, suggesting that the bullish momentum may be stronger in the longer term. The current price of SOL is 131.48 USDT, which is below the Bollinger Band (BB) values for all timeframes. This suggests that the price is not overextended and there may be room for further growth. The support levels are lower than the current price, with the closest support level at 118.24 USDT for the 4-hour timeframe, 11.11 USDT for the 1-day timeframe, and 80.20 USDT for the 7-day timeframe. This indicates that there is a strong level of buying interest below the current price, which could provide a safety net if the price were to fall. The resistance levels are higher than the current price, with the closest resistance level at 141.53 USDT for the 4-hour timeframe, 154.0 USDT for the 1-day timeframe, and 160.0 USDT for the 7-day timeframe. These could be potential targets for the price in the near future. In conclusion, the technical analysis suggests that SOL is currently in a strong bullish trend with potential for further growth. However, as always with trading, there are risks involved and it is important to consider other factors such as market news and sentiment. Please use this analysis as part of your broader research before making any trading decisions.by MarsSignals6
SOL USDT Long Ive had some great results trading SOL as it has developed a nice triangle on the HTF. Its currently looking to break out. So lets wait and see. Hoping for a breakout and a back test of the triangle before hopefully tasking off. If it rejects expect another leg down and I can cancel the Lamborghini As always im a novice trader learning the ropes and know sweet FA about sweet FA Don't follow my trade feel free to tell if you agree. Trade safe guys DYORLongby MarcusAureliusIRLUpdated 1
SOL - Long your LongsIf you have been following me, I have been following this CRYPTOCAP:ETH fractal since $8 Solana. We have recently reclaimed prior support and attempting vertical ascent. Please see charts below I have posted on here as we have transcended since $8 Solana. Much Love, @CryptoCurb 2021 CRYPTOCAP:ETH vs 2024 CRYPTOCAP:SOL You simply are NOT bullish enough. Run it, #SOLANALongby CryptoCurb5
#solana #sol reversal H & S pattern Solana broke the resistance and test it again . Longby fr7aanUpdated 3
SOLANA Moon Missskon Begin?I wouldn't be surprised if Solana experiences a substantial increase as it is currently at an all-time high this year.Longby Ener-traders4
SOL is Pumping!SOL is Pumping! Main reason is Up trend and Big OI increase best entry is at re-test to VWAP+01:48by Yuriy_BishkoUpdated 18
SOLANA risky trade Solana has broken a resistance, and this could serve as a test of resistance turning into support, potentially continuing its upward trend. However, there is also a possibility of a price decline from this point. The outcome is uncertain, but I am currently in a short position.Shortby Ener-traders113
ScalpA great scalp position, given that we are in a strong uptrend and corrective wave analysis we can expect to return to the green zone.Longby KooshiCryptoGemUpdated 225
Long …Alright, let's go for the $140 solana As in the characteristic daily chart, we have a very attractive target for Solana, which we will re-analyze after reaching the green zone...Longby KooshiCryptoGemUpdated 224