SOL after the bounce from the support zone will go to $127SOL after the bounce from the support zone will go to $127. It's the completion of the flag pattern
🔵Entry Zone 107.32 - 110.70
🔴SL 104.53
🟢TP1 127.00
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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SOL
BINANCE:SOL/USDT - Confirmed breakout and Long Trade entry---------------------------------------------------------------
Description
---------------------------------------------------------------
+ Falling wedge pattern on SOL. Clear breakout from the falling wedge
+ Next target for SOL is previous high at 126 range
+ With this clear breakout, hitting the target is an easy achievement
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VectorAlgo Trade Details
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Entry Price: 100.6
Stop Loss: 92.8
------------------------------
Targets 1: 104
Targets 2: 108
Targets 3: 116
Targets 4: 126
------------------------------
Timeframe: 12h
Capital: 1-2% of trading capital
Leverage: 5-10x
---------------------------------------------------------------
Note: Don't forget to keep the stop-loss.
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VectorAlgo
A Technical Look at SOL's Next MovesSolana 's price movements have recently led it to confront the 4-hour chart's 0 Fibonacci level, acting as a crucial resistance point. The current price of $107 sits just below this level, after a rejection at the upper Bollinger Band, indicating a potential short-term ceiling for the price. The Bollinger Bands have widened, suggesting increased market volatility and a possible expansion phase in price action.
The MACD presents a nuanced picture; while it remains in bullish territory with the MACD line (4.42) above the signal line (3.87), the histogram is very close to the baseline, hinting at a possible slowdown in momentum or an impending bearish crossover. This warrants attention as it could precede a change in the trend direction.
Furthermore, the RSI at 55.38 is in the mid-range, not indicating overbought or oversold conditions, but the RSI-based MA is slightly higher at 60.13, which might suggest that the average momentum has been more bullish recently. Trading volume stands at 2.462M, which provides enough market participation to consider the recent price action as significant.
Traders might look to the lower Bollinger Band around $91.27 as a key support area, as historically, prices touching this band have often found substantial buying interest. If the price were to break below, the next regions of interest would be the local and solid support levels that have been established previously.
Given the recent price rejection and the MACD's hint at a potential downturn, traders should monitor for either a consolidation above the current Fib level to support a continued uptrend or a break below, which could indicate a deeper retracement is due.
SOL - Please Don't Stop The Music 🎵Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 SOL has been overall bullish, trading within the rising channel in red.
Currently, SOL is hovering around the lower bound of the channel acting as a non-horizontal support.
Moreover, it is retesting a strong support zone at 100.0 marked in green.
🏹 Thus, the highlighted red circle is a strong area to look for buy setups as it is the intersection of the green support and lower red trendline.
📚 As per my trading style:
As #SOL is around the red circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📉 Of course, unless the 100.0 support is broken downward, then we will expect the bearish correction to start.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
$WEN - Still BullishLooks like Cup & Handle forming on the broader structure. Since wedge breakout from the bottom we have seen clean elliot wave cycle w/ abc correction down to the 0.5 fib level. This may be forming into a larger super-cycle with what we would now call a "Wave 3 of 3" -- the biggest rally setup.
1.618 fib-based trend projection is around $0.00047, approx 5x. SEED_DONKEYDAN_MARKET_CAP:BONK CRYPTOCAP:SHIB CRYPTOCAP:DOGE marketcaps plotted with (x) multiple for comparison.
My initial call here >
SOL has formed a Bullish Flag on M15SOL has formed a Bullish Flag on M15, Breaking out of the Flag is expected.
SOLUSDT
🔵Entry Zone 115 - 116
🔴SL 113
🟢TP 121
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you liked our ideas, please support us with your likes 👍 and comments.
SOL :Analysis combined with strategy training📊 There are three golden points hidden in this analysis and position, which were designed according to my own strategy.
Tips: 🎯
First point: 1️⃣ When the trend line breaks from the ceiling, it is better to wait for a pullback.
Second tip: 2️⃣ When we are in a strong upward trend, we should wait for its second leg.
Third point: 3️⃣ from where the powerful candle started, wait to return to the previous broken candle.
🎖️ These tips have been backtested and livetested over several years and this strategy has been prepared, so look more carefully at the previous analysis.✨
Sol Buy the Dip TA levels of interest for BINANCE:SOLUSDT
Please note that this is a preliminary research and you should continue to do your own research (DYOR). Information about assets can change rapidly, and it's essential to stay updated with the most recent developments.
Notes on how I personally use my charts/NFA:
Each level L1-L3 and TP1-TP3 (Or S1-S3) has a deployment percentage. The idea is to flag these levels so I can buy 11% at L1 , 28% at L2 and if L3 deploy 61% of assigned dry powder. The same in reverse goes for TP. TP1: 61%, TP2:28% and TP3:11%. If chart pivots between TP's, in-between or in Between Sell levels these percentages are still respected. I like to use the trading range to accumulate by using this tactic.
Just my personal way of using this. This is not intended or made to constitute any financial advice.
This is not intended or made to constitute any financial advice.
FED Macro Situation Consideration:
All TP's are drawn within the context of a return to FED neutral policy. I do not expect these levels to be reached before tightening is over.
NOT INVESTMENT ADVICE
I am not a financial advisor.
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All Content on this idea post is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in the idea/post constitutes professional and/or financial advice, nor does any information on the idea/post constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other Content on the idea/post before making any decisions based on such information.
Will SOLANA hit $300 in Next Bull Market ? #SOLANA Analysis
#SOL/USDT is currently trading near the Weekly Resistance area. If it breaks, we could see it testing the Monthly Resistance level at $30-$33. After this, a retracement of 40-50% is expected, with the best entry point being at $14-$18.
In the long term, the target for #SOL is set at $100/$200/$300. Don't miss out on the potential gains! #cryptotrading #investing
Join us for more updates and analysis on #cryptocurrencies. Let's ride the crypto wave together!
From 9.19% to 183.8%, So this is nice and beautiful, BREAKEVENSOLANA, The market Diamond.
Set SL on Entry level, Sell 50% of your position on first liquidity level (TP1). RISK FREE!
Hit TP1 and this is profits:
Spot and 1X Futures: +9.19%
2X: +18.38%
3X: +27.57%
4X: +36.76%
5X: +45.95%
10X: +91.9%
20X: +183.8%
Guys, you can add TP4 for your setup, and you can have 3 scenario:
1. RISK FREE!, move SL on Entry level and sell 50% of your position on TP1, and set Top TP on TP3.
2. RISK FREE!, move SL on Entry level and sell 50% of your position on TP1, and sell 40% of your position on TP3, and set Top TP on TP4.
3. RISK FREE!, move SL on Entry level and sell 50% of your position on TP1, and sell 20% of your position on TP3, and sell 10% of your position on TP4, and GO UP! MORE PROFIT! (I'll tell you another TPs in this scenario). (Long Term)
Which scenario do you choose?
This is SRM method \(^*^)/
Solana Bounces Back: A Testament to Resilience Amidst Adversity
Solana enthusiasts can breathe a sigh of relief as the cryptocurrency makes a remarkable recovery following a recent network outage. After experiencing a temporary setback, Solana ( CRYPTOCAP:SOL ) has surged by 6%, reclaiming lost ground and igniting optimism within the community.
Bullish Trends in Cryptocurrency Market Fuel Solana's Rebound
The resurgence of CRYPTOCAP:SOL mirrors broader bullish sentiment across the cryptocurrency market. With Bitcoin leading the charge with a 4% increase in the past 24 hours, Solana's upward trajectory underscores renewed investor confidence amidst market volatility.
From Outage to Opportunity: Solana's Remarkable Resilience
Solana's ( CRYPTOCAP:SOL ) swift rebound serves as a testament to its resilience in the face of adversity. Despite encountering a significant network outage, Solana has demonstrated its ability to recover swiftly, showcasing the robustness of its underlying technology and the unwavering support of its community.
Analyzing SOL's Price Fluctuations
Following the recent network outage, CRYPTOCAP:SOL 's price experienced a notable fluctuation, dropping to a weekly low of $93 before rebounding to its current standing at $104.3. This upward movement signals a strong recovery, with CRYPTOCAP:SOL surpassing key resistance levels and exhibiting bullish momentum.
Industry Experts Bullish on Solana's Future
Renowned figures within the cryptocurrency space, including Arthur Hayes and Sam Bankman-Fried, have expressed bullish sentiments towards Solana's prospects. Their endorsement underscores the confidence in CRYPTOCAP:SOL 's resilience and long-term viability, despite recent challenges.
Solana's Role in the Broader Crypto Market
Solana's resurgence coincides with a broader uptrend in the cryptocurrency market, with the total market cap surpassing $1.79 trillion. As one of the top 10 cryptocurrencies by market capitalization, Solana's performance contributes to the overall bullish sentiment, signaling potential opportunities for investors.
Conclusion
Solana's recent recovery from a network outage showcases its ability to overcome obstacles and adapt to evolving market conditions. With expert endorsements, and a resilient community, Solana stands poised to capitalize on future opportunities and solidify its position as a leading player in the cryptocurrency landscape.
SOL/BTC - Solana: BBand Breakout◳◱ On the $SOL/ CRYPTOCAP:BTC chart, the Bband Breakout pattern suggests an upcoming trend shift. Traders might observe resistance around 0.0023843 | 0.0025267 | 0.0027507 and support near 0.0021603 | 0.0020787 | 0.0018547. Entering trades at 0.0022642 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Solana
▣ Rank: 5
▣ Exchanges: Binance, Huobipro, Mexc, Kraken, Hitbtc
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: Solana is a public base-layer blockchain protocol that optimizes for scalability. Its goal is to provide a platform that enables developers to create decentralized applications (dApps) without needing to design around performance bottlenecks. Solana features a new timestamp system called Proof-of-History (PoH) that enables automatically ordered transactions. It also uses a Proof of Stake (PoS) consensus algorithm to help secure the network. Additional design goals include sub-second settlement times, low transaction costs, and support for all LLVM compatible smart contract languages.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.0022642 ₿
▣ 24HVol: 566.038 ₿
▣ 24H Chng: 2.092%
▣ 7-Days Chng: 3.31%
▣ 1-Month Chng: 1.71%
▣ 3-Months Chng: 78.15%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.0023843 | 0.0025267 | 0.0027507
◢ Support: 0.0021603 | 0.0020787 | 0.0018547
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 1.58
▣ Last 90D: 3.32
▣ Last 1-Y: 2.00
▣ Last 3-Y: 1.35
◲◰ Volatility :
▣ Last 30D: 0.77
▣ Last 90D: 1.16
▣ Last 1-Y: 0.89
▣ Last 3-Y: 1.25
◳◰ Market Sentiment Index :
▣ News sentiment score is 0.66 - Bullish
▣ Twitter sentiment score is 0.57 - Bullish
▣ Reddit sentiment score is 0.36 - Bearish
▣ In-depth SOLBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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SOLANA: Road to 105Road to 105 has been intiated for Solana. There is a big confluence of SMAs around 94-97 and all of them should be looked carefully to see if they act as support. Currently, we can see that price came really close to the 100 SMA before rebounding. I would have preferred to see a clean retest but it is what it is. I lean towards a rally to 105 once 100 is cleared.
SOL-USDT / 4H / TECHNICAL ANALYSIS BINANCE:SOLUSDT Resistance at 106.92, support at 79.16. Identified a Bullish Harmonic pattern on the chart. Established entry and stop levels.
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
#SOL/USDT 1h (OKX Futures) Rising wedge breakdown and retestSolana lost 50MA and is pulling back to that resistance, seems likely to head towards 200MA support next.
⚡️⚡️ #SOL/USDT ⚡️⚡️
Exchanges: OKX Futures
Signal Type: Regular (Short)
Leverage: Isolated (5.0X)
Amount: 4.8%
Current Price:
99.17
Entry Targets:
1) 101.77
Take-Profit Targets:
1) 93.28
Stop Targets:
1) 106.02
Published By: @Zblaba
CRYPTOCAP:SOL OKX:SOLUSDT.P #Solana #SPL #PoS #L1 solana.com
Risk/Reward= 1:2.0
Expected Profit= +41.7%
Possible Loss= -20.9%
Estimated Gaintime= 2-4 days
SOL SOLANA Trade IdeaSolana has recently broken structure on the 4 hour time frame. We are currently seeing a lower low and the trend bearish, possibly reaching for previous lows at 93.53 and 91.13. This idea is for educational purposes only and not to be construed as financial advice. #sol #solana #solusd
SOL/USDT 4HInterval ChartI invite you to review the SOL chart in the USDT pair, on a four-hour interval. Let's start by defining, using the blue lines, the downtrend channel from which we can see the exit at the top. However, here, locally, the yellow color can be used to indicate a downward triangle in which we are approaching a potential direction of movement.
Here it is worth looking at EMA Cross 10 and 30, as they indicate the entry into a local downtrend, which could potentially result in a larger decline.
In such a situation, it is worth checking potential support areas, and here we can see how the price is struggling to maintain the level of $96, however, if the level is broken and we exit the triangle at the bottom, the next support is around $89, and further support is visible at the level of 79 $.
Looking the other way, you can see a narrow range between support and the first resistance, which is at the price of $97, moving above the resistance and the descending triangle may result in an increase to around $108, and then you can see resistance at the level of $116.
When we switch to the RSI indicator, we can define a falling triangle from which the exit from the top resulted in a quick return to a specific triangle, while on the STOCH indicator, we can define a downward trend line, which the indicator must break to return to the upward trend.