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SOL

SOL/USDT - Solana: Trend Reversal◳◱ On the $SOL/ CRYPTOCAP:USDT chart, the Trend Reversal pattern suggests a pause in volatility, potentially gearing up for a breakout. Traders might observe resistance around 163.02 | 181.65 | 229.29 and support near 115.38 | 86.37 | 38.73. Entering trades at 171.1 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Solana ▣ Rank: 5 ▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc ▣ 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: 171.1 ₮ ▣ 24HVol: 1,461,279,730.244 ₮ ▣ 24H Chng: 11.277% ▣ 7-Days Chng: 18.68% ▣ 1-Month Chng: 51.91% ▣ 3-Months Chng: 135.81% ◲◰ Pivot Points - Levels : ◥ Resistance: 163.02 | 181.65 | 229.29 ◢ Support: 115.38 | 86.37 | 38.73 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: 6.72 ▣ Last 90D: 4.00 ▣ Last 1-Y: 2.72 ▣ Last 3-Y: 1.24 ◲◰ Volatility : ▣ Last 30D: 0.71 ▣ Last 90D: 0.90 ▣ Last 1-Y: 0.87 ▣ Last 3-Y: 1.20 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.57 - Bullish ▣ Reddit sentiment score is 0.76 - V. Bullish ▣ In-depth SOLUSDT 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. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
SOLUSD You were warned about it. 1st ever 1W Golden Cross formedSolana (SOLUSD) broke above its former Channel Up as we explained on our last bullish call (December 08 2023, see chart below) and hit last week our 144.000 Target: Right now it is best to take a step back and view SOL's price action on the 1W time-frame, where the clear long-term trend is revealed, and that's bullish within a Channel Up pattern. The Fibonacci Channel levels reveal that it is still in its early stages within the 0.236 - 0.382 Fibonacci range. On top of that, it just formed its first ever 1W Golden Cross! This is an incredibly bullish pattern and we expect the whole bull run to peak at atleast +5150% from the market bottom just as the November 2021 Top did. As a result, our Target is $4000. Note that every pull-back inside the 1W CCI green zone, is a long-term buy opportunity. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:SOLUSDLong
by TradingShot
23
SOL - Next Stop => $200Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 SOL has been overall bullish trading within the long-term rising broadening wedge in blue. How high can SOL climb? The marked blue circle represents a significant resistance and overbought zone as it marks the intersection of the upper blue trendline and $200 round number. Thus it would be a robust area to anticipate a potential reversal. 🏹 Meanwhile, as long as the $150 support holds, a continuation towards the $200 mark would be expected. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Richard Nasr
by TheSignalyst
4
Solana’s price action now breaching the larger invh&s necklineNow that we have reached the target of the smaller inv h&s neckline (which is also a right shoulder of the larger invh&s pattern) Getting to that target has allowed price action to rise above the neckline of the bigger inverse head and shoulders pattern shown here with the tan neckline. The right shoulder of the larger inv h&s pattern was not only its own invh&s pattern, but when it corrected 1 time back belo its neckline as these patterns often do, it created a second higher neckline for its self, a double decker invh&s if you will. That second higher neckline price action has now also broke confidently above but has not quite hit its full target yet. I have illustrated it here on the chart with the teal neckline. That one has a target of around $158-159. There is a high probability that once price reaches that height and hits that target, that any retest of the much larger tan neckline will result as support. If so then we should validate the largest inv h&s breakout in short order after that in which case we then begin our climb to its target as you can see I’ve illustrated here with the dotted tan ascending trendline. Usually takes trendlines like this multiple weeks to sometimes even a couple months before reaching their full target, however in our current parabolic phase it could also reach that full target in mere days. Either way patience is a virtue. *not financial advice*
COINBASE:SOLUSD
by DrDovetail
Alikze »» ALPHA | Condensation area failureIn the weekly time frame 1W after a complex correction has made a floor in the 0.0622 range and after a cycle of almost 650 days after the breakdown of the consolidation it will now have the ability to grow up to the indicated areas with support in the green box area. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️ »»»«««»»»«««»»»«««
Long
by alikze
3
Alikze »» KLAY | Pullback to dynamic trigger is brokenIn the 1W time, a complex correction and confirmation of the 0.1077 floor broke the dynamic trigger, which, if fixed above, will have the ability to grow to the specified areas. Considering the momentum in the weekly time and the failure of the trigger with a Marabouzo candle, it shows the strength of the buyer to continue the trend, which can experience at least 50% to 150% growth. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️ »»»«««»»»«««»»»«««
KLong
by alikze
BTC Leads, ETH follows, Altcoins right behind, true?We hear that CRYPTOCAP:BTC runs 1st. Then CRYPTOCAP:ETH follows. Then #altcoins lag showing the biggest gains. Let's see how true that is Early 2021 Chart: 1 Extended #BTC a little bit more on the left to show that there was a run already in progress. 2 #Bitcoin led the rally & it also TOPPED earlier. Took #ETH a little longer to run. It topped later. It also sold off faster than its counterpart. ----------------- CRYPTOCAP:BTC hit a mid April peak CRYPTOCAP:ETH hit a mid May peak ETH fell faster & coincided with BTC on all bottoms, shown in the yellow box. #Ethereum resumed run was bigger, but was in conjunction with #Bitcoin. #BTC made a higher high on this run. However, while the #ETH run was bigger, peaking a month later both times, it made a lower high. ----------------- CRYPTOCAP:ETH bottomed right above 1k in Mid June - July & tested this in Nov. CRYPTOCAP:BTC bottomed at a lower price in November. Both put higher lows in the middle of March. Since then: #ETH has done a 4x! #BTC has done 4.5x & has new ATH! The #Bitcoin performance is pretty much the same but the technical is better. #Ethereum is still under the ATH & resistance is currently stopping. ***So far: The early 2021 run shows CRYPTOCAP:BTC was a clear leader, topped before $ETH. Later in the year, #BTC peaked first BUT did manage to make another high while #ETH did not. During bear market, the clear performer was #ethereum. It managed to bottom first, before BTC. #Bitcoin has similar performance in returns in similar time frames but has been more impressive technically. *** ----------------- CRYPTOCAP:TOTAL 3 = NO CRYPTOCAP:BTC or CRYPTOCAP:ETH #altcoins follow similar trajectory to #ETH in early 2021 but outperformed it by a very good amount. The second half of #altcoinseason wasn't as strong as the first half but still outperformed #ethereum & coincided with patterns again. Smaller caps weakened first showing a loss for risk appetite. ----------------- #Altcoins perform more like CRYPTOCAP:BTC come August 2022. CRYPTOCAP:TOTAL 3 bottomed a month AFTER #BTC. This is shown in the yellow box. Since then, as a whole, smaller caps have severely underperformed #bitcoin & #ethereum by 50%! Granted, those in the right sectors have done well. Sectors like #AI #CryptoGaming & #memecoin. ----------------- CRYPTOCAP:BTC is at an ATH CRYPTOCAP:ETH is 20% away from its previous all time high. CRYPTOCAP:TOTAL 3 = is a whopping 50% from its all time high! *******Conclusion******* Not sure of the narrative being pushed for the last 2 years is correct. At least in reference to #altcoins as a whole. If you're in right sectors, yes, it is great! However, looking at the the data shows that most previous winners are severely lagging. Examples are CRYPTOCAP:BNB CRYPTOCAP:SOL CRYPTOCAP:AVAX BIST:LINK Hope you enjoyed this & get something out of it. (Very hard to show all this data here, Please see our profile for more data)
CME:ETH1!
by ROYAL_OAK_INC
Technicals Flag Bearish as SOL Gets Rejected by ResistanceIn the latest trading activity, the Solana price made a noteworthy attempt to breach the $155 resistance level. However, it encountered firm resistance, resulting in two distinct rejections from this critical threshold. Such a pattern, known as a double-tap rejection at resistance, often signals bearish sentiment, hinting at a potential downturn. Following these unsuccessful attempts to rally, SOL has retraced to find support at $148.98. This level now serves as a pivotal point for the asset; a breach below could precipitate a decline towards the $136.10 support level within the ensuing 48 hours. If the selling pressure persists beyond this point, SOL could see its value diminish further, possibly reaching down to $124.21. This scenario hinges on the ability of the bulls to mount a defense and prevent further losses. Conversely, should Solana manage to secure a 4-hour candle close above the $155 resistance within the next day, it could invalidate the bearish outlook. Such a development would not only signal strength but also potentially lay the groundwork for continued upward momentum in the days that follow. Technical Analysis and Market Sentiment The bearish sentiment is further corroborated by technical indicators on the 4-hour chart, notably the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI). The MACD is teetering on the edge of a bearish crossover, with the MACD line poised to move below the signal line. This event could indicate the beginning of a short-term bearish phase for Solana. Additionally, the RSI showcases a diminishing strength of buyers relative to sellers, as it veers towards its Simple Moving Average (SMA) line. A crossover here is often interpreted as a bearish signal, suggesting that sellers are gaining the upper hand. Trading Strategies: Short and Long Entries and Exits Given this analysis, traders might consider the following strategies: Short Entry: Should SOL break below the current support level of $148.98, it could serve as an entry point for a short position, with an initial target at the next support level of $136.10. Extending the target to $124.21 may be viable if the downward momentum continues. Short Exit: To manage risk, consider setting a stop-loss slightly above the $148.98 level or the entry point to minimize potential losses should the market direction reverse unexpectedly. Long Entry: A bullish scenario would be confirmed by a 4-hour candle closing above the $155 resistance level. Entering a long position following such a breakout could capitalize on the momentum, aiming for an initial profit target at higher resistance levels, potentially around the $165 mark, reflecting recent highs or significant psychological levels. Long Exit: For long positions, setting a stop-loss below the entry point, possibly just under the $155 breakout level, would help protect against sudden downturns. Profit targets should be set according to individual risk tolerance and market analysis, possibly taking partial profits at predetermined levels while letting the remainder of the position ride with a trailing stop to maximize gains. Traders should continuously monitor market conditions, as cryptocurrency markets are highly volatile and can shift rapidly. Adjusting strategies in response to fresh technical or fundamental signals is crucial for successful trading.
Short
by StevenWalgenbach
2
🚧SOL is Bullish now🚧 & many Traders don't see it 👀!!!Hi. COINEX:LTCUSDT 😊Today, I want to analyze SOLUSDT for you in a Weekly time frame so that we can have a Mid-term view of SOLUSDT regarding the technical analysis. (Please ✌️ respectfully ✌️share if you have a different opinion from me or other analysts). SOL has Created a Large Rounded Bottom. This Means The Price Can Increase as Much as the Length Between The Top and The Bottom Of the Rounded Bottom. Since the rounded bottom is Not broken. The price can have a good rally after the breakout. ✅ Due to the Ascending structure of the chart... - High potential areas are clear in the chart. - Rounded Bottom - AB=CD Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
15
Solana Gaming Gem (BREAKOUT NEXT)Technicals - Breakout observed after 18 months accumulation range - Wave 1 complete, Wave 2 retraced to 0.618 fib level followed by Bullish RSI Divergence - 1.618 Fib Projection for Wave 3 Target @ 0.167 Tokenomics/Fundamentals coinmarketcap.com FDV: 46m Mcap: 19m Contract Ownership Renounced: Yes Mintable: No Mutable Info: No Circ: 40% Unlike many other crypto-gaming projects, the contract is renounced without option to mint or change anything. Top 10 wallets are not holding much -- this is very similar tokenomics and contract security as alot of your premium memecoins that pump. Recent AMA with CEO and Paul Barrons Podcast youtu.be Important to note: XETR:DIO will be used in multiple IP that the studio releases -- not solely the game Decimated. I think it will be one of the largest movers this cycle.
Long
by BiggyBalls
SOL Solana Technical Analysis and Trade IdeaSolana (SOL) demonstrates a robust bullish trend, recently surpassing previous highs and clearing liquidity above a prior monthly high. A potential retracement to the 61.8 Fibonacci level could present a buying opportunity. Our targets are aligned with previous monthly highs, as illustrated in the video. Disclaimer: This analysis offers a technical viewpoint and does not constitute direct financial advice. Trading in cryptocurrencies carries inherent risk. Always consult a qualified financial professional and carefully evaluate your individual risk tolerance before making investment decisions.
Long
by fxtraderanthony
XRP MOONSHOTXRP right now is following history pretty closely. As you can see from the main chart, XRP is potentially mirroring the same fractal formed back from 2013-2017. If history repeats, there will be a massive breakout for XRP. There is quite a bit of evidence to support this. First of all, the multi-year symmetrical triangle that has formed just like in 2012. It's taken years to form, but here we are in 2024 at the apex of it. Within the triangle, even the fractal looks the same. You can see marked out points inside. [Link 1: MACD on the weekly is showing the same histogram readings as back then, with three big waves, two small, then a bullish cross on the MACD. Exactly the same has happened right now. Bitcoin had just touched an all-time high again and had a pullback. It is at this moment XRP had its moonshot. Tell me, what are the chances we have now formed a second multi-year triangle and it just happens that Bitcoin has broken all-time high at the apex? The stars and planets seem to be aligning once again. It's just a matter of time before some big news comes out and this slingshots. seem to be pretty crazy targets all around for the XRP community lol. No idea where they're coming up with hundreds of dollars price targets, but if you would have a mirror move, then yeah, $575. The chances it goes to $575 this bull run are under 1%, let's be honest. The money required to get a mirror move is insane. So, a more grounded target this run would be a max of $10-14, with the first wave hitting $3-5.
BITSTAMP:XRPUSDLong
by Sporia
8