SOL
Solana: 200 SMA as support Solana is finding some support at the 200 SMA, if the general market holds, we could see a quick rally to 105 and then to ca. 108. There we have the 50 and the 100 SMA, I therefore expect some side ranging. First target on the upside is 111, to the downside is 100 (buy the dip opportunity) or 95 if the entire market flushes.
SOL: Support in SightSOL 's trading activity presents a testing phase at the $104.19 mark. The proximity to the lower Bollinger Band suggests we're in a critical support region — if this holds, it could signal a potential rebound. The MACD's bearish crossover, while noteworthy, lacks strong momentum, hinting that a downtrend may not be firmly established.
What's pivotal here is the RSI's position near the oversold territory, which could attract buyers looking for value, potentially leading to a price recovery. However, the moderate trading volume indicates that there's not a strong consensus among traders, and we may see some indecision before the next clear trend emerges.
In this scenario, keeping an eye on the Bollinger Bands and the MACD will be key. Should the MACD flatten or turn upward and the price stabilizes above the lower band, it might be the first signs of a bullish reversal. On the flip side, a break below could signal further dips, so watch for any significant volume changes to confirm the move.
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SOL, possible bullish Spring setup, AB=CD on raising volumeSolana had a bullish flag breakout in the longer timeframes (check my other related Daily analysis).
Currently, a potential technical setup might play out for a shorter-term trade or addon to the first one. We have an AB=CD measured move.
Volume profile - notice how the first bullish bar that reacted from the support level occurred on higher volume compared to the test afterward which is on lower volume. This is always a positive confirmation that we want to see a breakout.
We hope for a test of the previous high and a runner.
$PONKE Bullish Solana meme coin at ground floorThis is the first crypto I've been excited about since GETTEX:PEPE came out last year. Even more so because I've never felt that I had such an ideal entry. The narrative surrounding it and some of the names getting involved are setting this up to be a renowned crypto in the meme coin space. All currently visible price action on the chart will appear as a flat line at some point later in the year. Good luck
SOL/USDT LONG Signal - Potential for Upward Movement!Our analysis indicates a robust buying position for SOL/USDT. We use a 2x Leverage for this trade.
Trading Signal
Primary Entry : 110.85 USDT (Limit Order)
Secondary Entry (DCA) : 106.3 USDT
Stop Loss : 103.1 USDT to minimize risk
Profit Targets
Target 1 : 112.7 USDT, then move SL to entry point
Target 2 : 114.8 USDT
Target 3 : 121.9 USDT
Target 4 : 134.4 USDT
Helpful Tips
Save Money: Use limit orders instead of market orders for lower fees.
Stick To Your Plan: This is key for making progressive gains!
Control Your Risk: Your stop-loss order protects you against unforseen market reversals.
We aim to provide high-quality signals that guide you to success. Happy trading!
SOL Analysis - Anticipating Correction and Long Position Plan!📈 Price Movement:
Rejection: SOL was rejected around $120 last week.
Retracement: Since then, it has retraced to the current trading price of around $107.00.
Support Level: The $105.00 level is holding as support.
💼 Trading Plan:
Potential Correction: Anticipating further market correction in the next week, possibly testing the bottom range level of support at around $94.50.
Long Position: If the price retraces to $94.50, considering a long position.
Profit-Taking: Plan to take profit in the $140 – $150 resistance area.
Risk Management: Set a stop-loss just below $90.00 to manage potential losses.
🔄🔍 Note: Keep an eye on market developments and adjust the plan accordingly. 🚀💡
#SOL #CryptoTrading #PriceAnalysis 📊📌
SOL/USDT - Jumping from the Bowl - SOL had a nice cup patter and showing overall bullish sentiment.
- If SOL manages to break its Previous Resistance level then its an easy run for SOL to reach new highs
- Currently price is around the support zone and this consolidation is expected to continue for couple of days
- Once this consolidation is over we can expect the price to bounce up, if the price breaks the support zone then we are looking at bearish trend for SOL.
- lets hope SOL breaks its resistance level and reaches new Highs.
Regards
VectorAlgo
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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BINANCE:SOL/USDT - Confirmed breakout and Long Trade entry---------------------------------------------------------------
Description
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+ 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
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Targets 1: 104
Targets 2: 108
Targets 3: 116
Targets 4: 126
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Timeframe: 12h
Capital: 1-2% of trading capital
Leverage: 5-10x
---------------------------------------------------------------
Note: Don't forget to keep the stop-loss.
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Regards
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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