Solana's All-Time High: Symmetrical Triangle Pattern in Play..!Solana is currently exhibiting a symmetrical triangle pattern as it approaches its all-time high of $260. This pattern typically indicates a period of consolidation, where the buying and selling pressures are in relative equilibrium. Traders and analysts are closely monitoring this development, as a breakout from this formation could lead to a significant price movement, either upwards or downwards. The potential direction of the move will depend on which side the price ultimately breaks out from. Therefore, investors must stay vigilant and watch the market closely for any signs of a breakout, as it could herald a pivotal change in momentum for Solana.
Solana
Solana- Two bullish targets (320 and 380)The launch of BINANCE:TRUMPUSDT gave a boost to BINANCE:SOLUSDT with the price breaking above 220 local resistance and soaring with more than 30% to 295.
As expected after such a rally, the price entered a correction phase, and at the time of writing, Solana is trading around $260.
Symmetrical Triangle Formation: A Bullish Sign?
During this consolidation period, a symmetrical triangle pattern has emerged on the charts. This formation is often a signal of a continuation of the prevailing trend. If Solana manages to break through the triangle's resistance, it could lead to an acceleration of the upward momentum.
Potential Targets for Solana
Based on classical technical analysis, the first target is calculated using the triangle's base. This suggests a potential rise to $320. However, if we consider the momentum from the previous leg up, the target could stretch as high as $380.
Outlook: Bullish Above $200
Regardless of which target is reached, Solana remains strongly bullish as long as it holds above the critical $200 support level.
Traders and investors will want to keep a close eye on price action, especially for a breakout of the current consolidation.
SOLANA on the verge of a parabolic breakoutHi all, happy Saturday. COINBASE:SOLUSD has seen a recent rapid rise due to increased memecoin volume and a proposal a Solana ETF. The new administration could also bring potential further bullish momentum for the alt-coin.
In addition, from a technical perspective, Solana has recently break it's previous 2021 all-time high on strong volume which is possible bullish sign for continued upward momentum in the coming months.
Highlighted is an ultra-bullish scenario where we see a 10x move to the upside similar to 2 previous occasions shown in the chart. More conservatively, I am confident we can see a $450-$500 price by the end of this calendar year - which would still yield an impressive 100% return.
Happy trading, and have a great weekend!
Solana: long term trends...GM gents!
Take a look at the trends that are active in the monthly and quarterly timeframe in $SOLUSDT.
The most optimistic long term scenario implies a 42 to 1 reward ratio, and gains worth more than 1700% from here...
It's easy to be swayed by short term noise and miss out on these insane gains, I have helped many people achieve such results in the past and can do it again, make sure to follow me here and in my socials.
Best of luck!
Cheers,
Ivan Labrie.
best tips and strategies to avoid losing money while trading solTrading Solana meme coins (or any speculative assets) can be risky, but there are strategies you can implement to reduce the likelihood of losing money. Here are some tips and strategies:
🔸### **1. Perform Thorough Due Diligence**
- **Project Research**: Investigate the team, roadmap, and purpose of the meme coin. Look for transparency and active community engagement.
- **Smart Contract Audit**: Verify if the project’s code has been audited by reputable firms to rule out vulnerabilities or malicious intent.
- **Tokenomics**: Understand the coin's supply, distribution, and vesting schedules to assess inflation risks.
- **Liquidity**: Check the total locked liquidity and if it's controlled by trusted third parties (like in a locked contract).
🔸### **2. Be Cautious with New Listings**
- **Avoid FOMO**: Don't jump into a token right after its launch due to hype. Often, prices spike initially and then crash.
- **Verify Listings**: Ensure the coin is listed on reputable platforms like CoinGecko or CoinMarketCap and recognized by reliable exchanges.
🔸### **3. Use Risk Management**
- **Position Sizing**: Only invest a small portion of your portfolio in highly speculative meme coins, such as 1-5%.
- **Stop-Loss Orders**: Set stop-loss orders to automatically sell your coins if the price drops to a certain level.
- **Profit-Taking**: Use a systematic approach to secure profits, such as selling a portion after the coin gains a specific percentage.
🔸### **4. Avoid Projects with Red Flags**
- **Anonymous Teams**: Be cautious of projects with unknown or unverified developers.
- **Low Liquidity**: Avoid coins with low trading volumes or liquidity, as you may not be able to sell without affecting the price.
- **Over-Promises**: Be wary of projects that make outrageous claims, such as guaranteed returns or revolutionary technology without proof.
- **Excessive Marketing**: Projects focusing more on memes and hype than utility are often short-lived.
🔸### **5. Check for Rug Pull Indicators**
- **Owner Privileges**: Analyze the smart contract for owner permissions that allow for token minting or draining liquidity.
- **Liquidity Lock**: Ensure the liquidity pool is locked for a significant period (e.g., 6 months or more).
- **Token Distribution**: Avoid coins where a single wallet holds a large percentage of the supply, as this indicates a risk of dumping.
🔸### **6. Use On-Chain Analysis Tools**
- **Explorer Tools**: Platforms like Solscan and Solana Explorer can help analyze token distribution, liquidity, and transactions.
- **Rug-Detection Tools**: Use services like RugDoc or Token Sniffer to evaluate the safety of the project.
- **Social Analytics**: Monitor community activity on Discord, Telegram, or Twitter to gauge organic growth and sentiment.
🔸### **7. Diversify Your Investments**
- Don't put all your money into one meme coin. Spread your risk across multiple assets, including more established cryptocurrencies.
🔸### **8. Stay Updated on Market Trends**
- **News Awareness**: Follow Solana-related news and updates, as ecosystem changes could impact meme coin performance.
- **Whale Activity**: Track large transactions in meme coins to anticipate potential dumps.
🔸### **9. Protect Against Scams**
- **Phishing Attacks**: Be cautious of fake websites, wallets, or social media impersonators.
- **DYOR (Do Your Own Research)**: Verify all information independently before taking action.
- **Secure Wallets**: Use reputable, non-custodial wallets like Phantom or Solflare to store your meme coins securely.
🔸### **10. Control Emotions**
- **Avoid Emotional Trading**: Stay rational and stick to your strategy, even during extreme volatility.
- **Know When to Quit**: If you’re consistently losing or the market becomes unpredictable, step back and reassess.
🔸### **11. Use Decentralized Exchange (DEX) Safely**
- **Verify DEXs**: Use established platforms like Raydium or Orca for trading.
- **Slippage Settings**: Adjust slippage tolerance to avoid unintended price impacts during trades.
🔸### **12. Learn from Past Mistakes**
- Keep a trading journal to track your decisions, evaluate outcomes, and refine your strategies.
🔸### **13. Avoid Leveraged Trading**
- Avoid trading meme coins with leverage, as their inherent volatility can amplify losses.
🔸By implementing these strategies, you can reduce your risk and make more informed decisions while trading Solana meme coins. Always prioritize risk management and long-term sustainability over short-term gains.
Elliott-Waves don't lie /Solana (SOL) Analysis/ 1/24/2025What’s up, dear TV community 🖤,
today we’re taking another look at Solana
SOLUSD 🌻. SOL has performed very well and followed my count PERFECTLY... let’s see if it continues to do so in the future 🕛.
Please read the DISCLAIMER at the end of this idea!
According to my current count, Solana is in Wave 2 of the larger Wave 3 (yellow). It’s been a while since my last analysis, but even back then, I expected an upward move – and that’s still my expectation now. In Wave 2, we currently see an ABCDE pattern, which we should complete soon to continue with Wave 3.
For those who are less familiar with the Elliott Wave Theory (EW): we are likely forming the end of a bull flag and could soon take off 📈.
The rest can be easily analyzed directly on the chart 😊.
Solana is on fire 🔥🔥🔥. Let’s hope this scenario holds and the price gains a few more percent... 👔
If you like this idea, leave a 🚀 and subscribe 🔔.
Wishing you successful trades, and see you next time. 🤝
Best regards, Rara es
DISCLAIMER: The above statements reflect a trading idea and are neither investment advice nor trading recommendations! All information is provided without guarantee or liability!
sol buy limit longterm"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
(SOL) solana - ATHThe all time high was reached for Solana and right now the price is retracing the previous break of an all time high. At $3000/SOL that would be a 10x gain from the ATH right now. Is the path of Solana into the future going to look similar to Ethereum one day? And if so, how much time will pass before the billions of dollars flow into Solana if the outcome is a continued growth pattern as we have already seen? Solana surpasses BNB, passes $100B mcap, and despite the loss of previous years most competitive programmers to other chains, the interest in meme tokens on SOL chain seems to sustain the interest. How is it possible the world is still fascinated by meme cryptocurrency more than any other sector? At the start of 2024 there was a simple note passed along by Coinbase that stated the Dog-meme frenzy was not going away so easily as a core of the cryptocurrency defi culture. By the end of 2024 a lot of other random memes were present on Coinbase. Average meme culture has sprung onto Coinbase, USA's main crypto exchange. The shift from adding Ethereum tokens to Coinbase became all about Solana tokens. What will the future bring during 2025? How much influence does Coinbase have over the sector of defi cryptocurrency investing? Is it time for Ethereum to reach a new ATH?
SOL Forming Cup & Handle?In weekly chart, SOL forming Cup & Handle pattern. As we all know, SOL was Make a new ATH after break previous high on weekly chart, but its not confirm break cause the candle failed to close above previous High. In other PoV we got clear Cup & Handle pattern on weekly chart. If this scenario run, we can see SOL on $371 soon
Breaking: Solana Surges 5.91% Amid Explosive Ecosystem GrowthThe Solana ( CRYPTOCAP:SOL ) ecosystem is making waves with a remarkable 600% increase in total value locked (TVL), surging from $1.4 billion to $9.77 billion over the past year. This exponential growth is attributed to increased adoption and activity across decentralized platforms, particularly within the DeFi and memecoin sectors.
Raydium, Solana’s leading decentralized exchange (DEX), dominates with a TVL of $2.59 billion, showcasing the rising demand for decentralized trading infrastructure. High-profile projects like the launch of the TRUMP token have significantly bolstered Solana’s volume and visibility. Since its debut on January 17, TRUMP token pairs alone have driven over $11 billion in trading volume, contributing to the network’s rapid expansion.
Daily transaction volumes on Solana now average 300 million, and active addresses have surpassed 4 million, signaling increased user engagement and network activity. Additionally, daily transaction fees reached a record $33.3 million, reflecting robust economic activity on the blockchain.
Memecoins and high-profile token launches, such as Pudgy Penguins’ token ( CSECY:PENGU ), further underscore Solana’s reputation as a go-to network for innovative projects. While Solana’s TVL remains smaller than Ethereum’s $68 billion, its impressive growth trajectory highlights the network’s potential to capture more of the DeFi market.
Technical Analysis
As of writing, Solana is trading up 6.19%, reflecting strong bullish momentum. The asset is currently trading above all major moving averages, including the 50-day, 100-day, and 200-day moving averages, reinforcing its upward trajectory.
The Relative Strength Index (RSI) sits at 68, indicating the asset is nearing overbought territory but still has room for growth before hitting critical levels. If bullish factors align, CRYPTOCAP:SOL could reach resistance levels of $280 and potentially $300 in the short term. Analysts predict that if the altcoin season gains momentum, Solana could reach long-term targets of $1,000 and even $5,000-$10,000, driven by continued ecosystem growth and adoption.
Key support levels lie at the 38.2% Fibonacci retracement, around the $245 mark, providing a safety net for traders in case of a retracement. Notably, Solana’s candlestick patterns indicate no significant consolidation, suggesting that the current rally might sustain its pace.
Outlook
Solana’s explosive growth in TVL, combined with its ability to attract high-profile projects and robust network activity, paints a promising picture for its future. While the asset faces competition from Ethereum and other blockchain networks, its strong fundamentals and technical indicators position it as a top contender in the DeFi space.
For traders and investors, CRYPTOCAP:SOL ’s current momentum and strategic support levels present both short-term trading opportunities and long-term investment potential. With the altcoin season on the horizon, Solana’s ecosystem growth could serve as a catalyst for unprecedented price milestones.
Strategic Bitcoin Reserve ($SBR) Set for a 500% Surge After CTO Strategic Bitcoin Reserve ( NYSE:SBR ) has recently made waves in the market. Following its community takeover (CTO) on January 19, 2025, NYSE:SBR experienced an unprecedented 2000% price surge before retracing by 95%. Despite this correction, the token’s potential remains strong, with traders speculating a remarkable 500% rally in the coming days. Let’s delve into the technical and fundamental factors driving this token’s growth.
A Movement with a Mission
At its core, NYSE:SBR represents a community-driven initiative advocating for global Bitcoin adoption. This mission aligns with the recent proposal by former U.S. President Donald Trump to establish a Strategic Bitcoin Reserve for the United States. With Bitcoin’s finite supply and resistance to inflation, NYSE:SBR ’s narrative positions it as a symbol of economic sovereignty in a world grappling with fiat currency instability.
The Strategic Bitcoin Reserve movement is more than just a financial strategy; it’s a global revolution. By promoting a decentralized, incorruptible reserve system, NYSE:SBR aims to shield nations from the pitfalls of fiat collapse and spiraling debt. This unique positioning has garnered significant attention, fueling the token’s market activity.
Market Performance and Key Metrics
-Trading Volume: Over the past 24 hours, NYSE:SBR has seen a trading volume of $50,162,386, marking a 1,318.70% increase from the previous day.
- All-Time High (ATH): NYSE:SBR ’s ATH of $0.02493 was recorded on January 20, 2025, but the token is currently 81.47% below this level.
- All-Time Low (ATL): The token’s ATL of $0.0007525 was observed on December 30, 2024. Since then, it has risen by 513.82%.
- Market Cap: With a market cap of $4,754,309
Compared to the broader cryptocurrency market, NYSE:SBR has outperformed its peers, boasting a 109.20% price increase in the last seven days. This resilience is particularly notable given the overall market’s slight decline of 0.70%.
Technical Analysis
As of this writing, NYSE:SBR is down 34.5% in the past 24 hours, with a Relative Strength Index (RSI) of 44.93, indicating a weak but recoverable position. Despite this dip, the token’s market cap remains robust at $4 million.
Support and Resistance Levels
- Immediate Support: The token’s one-month low serves as a critical support level. A break below this could trigger a selling spree.
- Resistance and Pivot Points: The 38.2% Fibonacci retracement level emerges as a potential pivot point. If NYSE:SBR can consolidate at this level, it may break through barriers and achieve a projected 500% to 1300% surge.
Market Behavior
Memecoins often exhibit volatile behavior, and NYSE:SBR is no exception. The recent dip can be seen as a phase where sellers are shaken out, paving the way for a potential rebound. The community’s active involvement and speculative sentiment further bolster the token’s outlook.
Why NYSE:SBR Could Be the Next Big Thing
1. Community-Driven Growth: The CTO has revitalized interest in NYSE:SBR , with the community’s efforts driving both awareness and adoption.
2. Alignment with Global Trends: The token’s narrative aligns with the broader push for Bitcoin adoption, tapping into a growing market trend.
3. Strong Market Activity: The surge in trading volume and price performance indicates rising interest and liquidity.
4. Technical Indicators: Key Fibonacci levels and market consolidation suggest a potential breakout, supported by bullish trader sentiment.
Conclusion
Strategic Bitcoin Reserve ( NYSE:SBR ) is more than just another token; it’s a movement that resonates with the ideals of economic sovereignty and global Bitcoin adoption. While the token has faced significant volatility, its fundamentals and community-driven momentum make it a compelling investment opportunity. As the world shifts toward decentralized financial systems, NYSE:SBR stands poised to play a pivotal role in this historic transformation.
Waiting for a long entry in 4H - swing trade opportunityMy overall bias for Solana is bullish. The chart looks really good for the bull in the higher time frames such as monthly, weekly and 5D.
I am considering to open a long position for swing trade and for that I us two time frames - daily for confirmation and 4H to identify an entry area.
Daily chart:
I use daily MACD to identify the general sentiment of the asset. If MACD is above 0, it is bullish.
If it is below 0, it is bearish. Currently MACD is fully in the bull zone so I intend to open a long position. But it is the daily stochastic that gives me a signal the bullish momentum is on.
Currently stochastic lines are pointing downwards. So, even though daily MACD is bullish, daily stochastic is not giving me a signal to go to the lower time frame to start looking for a long entry.
I need to wait for the stochastic to reset and start to move to the upside.
4H chart:
MACD lines need to properly cross and point upwards. RSI needs to stay above 50.
Stochastics is not in the overbought territory. If stochastics is already in the overbought territory, it might go through a minor correction, so it is worthwhile for 4H stochastic to reset.
If the conditions above meet, I will open a position for swing trade.
I don't usually use leverage. Occasionally I use 2x leverage. The market is very choppy and I think market makers are out for liquidy hunting. I personally don't think it is worth trading with high leverage unless you are a very skilled trader.
WAIT for more confluences if you are going to trade !!! If the current price action cannot make you bullish on Solana, nothing can. I am heavily investing in Solana because fundamentals and technical are both so strong. Solana is going to go up. BUT, if you are trading, I think it is good to wait a bit longer.
The price moved very quickly from $169 to $295 (all time high) and pulled back to $231 at Fib 0.5. level . It is now starting to move up, but I won't be going to open a long position yet for the following reasons:
1) 4H stochastic has already reached the overbought territory. Therefore, there is a good probability the price might have another minor pull back before taking off.
2) 4H MACD is about to cross and point upwards, but in a situation like this, the lines often fail to cross and the downward price move can resume. (minor pull back) I will wait until the lines properly cross and move upwards in the bull zone and green histogram shows up.
3) The price has retraced to Fib 0.5 and bounced up, which is a very healthy pull back. However, it needs to move above the $264 area which was the major resistance area in Nov 2024 and also it is the current Fib 0.236 level , which is the last line of defence for the bear.
Fib 0.236 is a very stubborn line. Unless it has enough momentum and/or volume, a chance of another pull back is reasonably high.
I am bullish on Solana . I am confident that the price will start to move much higher. However, if I decide to swing trade, I like to wait for enough momentums to build up so that the price will move to the direction of my bias without being caught in the range bound/whipsaw.
weekend pump on SOL seems probableWe are consolidating heavily after a massive upward leg of SOL, creating a new strong support line of 240-250 dollars per SOL. This is healthy and good for long term growth, meaning that in case of future dumps from 300+ SOL, this area is likely to serve as strong support.
Seeing a lot of impulse for a weekend pump to new ATH and 300$+ per SOL
Alikze »» SOL | Ascending channel - 4H🔍 Technical analysis: Wave 2 correction in the ascending channel and after its completion, the third upward wave will begin
📣 KUCOIN:SOLUSDT
🟢 Solana was reviewed on the daily timeframe in the previous post, where it faced demand after reaching the golden zone and continued its growth to the supply zone.
💎 Solana is currently facing selling pressure in the supply zone, which could face demand as a pullback to the swing and break the previous supply zone towards the $350 ~ 380 target.
🔔 In addition, if Solana touches the golden zone again, the bullish scenario should be re-examined and revised.
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SOLANA is struggling with 2021 ATHSOLANA is struggling with 2021 ATH.
In 2021, we saw TRADENATION:SOLANA hit $160 zone. If you zoom in on your chart like mine, you will realise why this baby is fighting tooth and nail to break that barrier.
It has pushed above that $260 zone X3 but has been closing below.
Should we expect this asset to fall back to the $222 zone?
My thoughts are on my chart.
Trade with care
SOLANA 2025-2026 it can make a historical price action $1000Solana can break in the coming time up $300 and with time even to 1000 USD.
This update depends on the last trend of the coin.
we can't see the future, but the chance is high that SOL/USDT is able to break $300 USD soon.
We will follow it to see if it is going to happen soon the break to $300.
Solana ($SOL) - ATH Break-Out - A Bull To RememberTRADENATION:SOLANA and I are good friends.
I called the ultimate #Support and went #Bullish on $SOL.
Went #Long on COINBASE:SOLUSD ever since 10, then 15, then ramping the the #Bull on 145.
* see related idea for details.
Cashed in at 250, was the #ATH and had doubts, seen the #Correction coming.
What's next for BINANCE:SOLUSDT ?
A Massive #Pump, that's what!
TRADENATION:SOLANA will become Number 3 on #TotalMarketCap ( CRYPTOCAP:TOTAL ), mark my words.
Why? Why will TRADENATION:SOLANA pump?
It's quite simple actually.
It's all about the MARKETSCOM:BITCOIN pushing #MarketSentiment up.
But even BITSTAMP:BTCUSD will need to provide some #Correction, and that is seen on the CRYPTOCAP:BTC.D chart.
There will be some wild #Swings on #BTC.
I believe that with the #AltSeason and #AltCoins Cycle starting, CRYPTOCAP:SOL will bloom.
That's because of TRADENATION:SOLANA connection with the #Solana #Meme Coins Ecosystem.
CRYPTOCAP:TOTAL2 & CRYPTOCAP:TOTAL3 are about to shoot.
Billions printed, coded #MemeCoins.
COINBASE:SOLUSD - #TechnicalAnalysis
- #ElliottWave: Wave 4 Complete
- #RunningFlat at #ATH
- #Break-Out
- Wave 5 Confirmation
My CRYPTOCAP:SOL Buy Levels
- Entry @ 240
- SL @ 140
- TP @ 500
SOLUSDT at a Crossroads: Breakout or Breakdown Ahead?Yello, Paradisers! Is SOLUSDT primed for a major breakout or teetering on the edge of a sharp breakdown?
💎#SOLUSDT is currently sitting at a critical support level of $242.41, an area that has historically sparked strong bullish momentum. This makes the next move pivotal, as it could either confirm a reversal into a bullish rally or lead to a continuation of the downward trend.
💎If the bulls defend the $242.41 support zone, the price could take a bullish turn toward the resistance level at $272. Beyond that, $312 becomes the next major resistance area, where strong momentum and volume could trigger a significant rally.
💎However, if the $242.41 support fails to hold, #SOLANA could slide toward the lower support at $223.45. This level holds a pool of liquidity that may prompt a bullish rebound, but a clean break below it would invalidate any bullish scenarios, paving the way for further bearish pressure and potentially deeper downside levels.
💎Paradisers, stay sharp and disciplined! The market is packed with both opportunities and risks, but only those who wait patiently for high-probability setups will thrive. Tight stop-losses and proper risk management are non-negotiable.
Remember, consistency and discipline always win in the long run. Be strategic, stay patient, and approach every trade with a professional mindset. The market rewards the prepared.
MyCryptoParadise
iFeel the success🌴
SOLANA What will happen in the short term ?According to my calculations, the price will reach $260 in the short term.If triangle not broke from down!!
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅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!!
Trump next big rally to $200+identified previous bull flags, and using fib retracement revealed new trump price to pump to $200+
etf for trump coin filed. with executive orders to reduce elations on crypto, etf may be approved at time when trump coins are unlocked in April. ETF approval means a ticker symbol for trump coin on the NYSE and nasdaq, and ETF issuers like black rock, fidelity, and grayscale will need to buy and hold a SIGNIFICANT amount of trump coins.
executive orders signed by trump will allow financial institutions to accept crypto payments. Another bullish event.
Long term Solana Chart for bull run planwhere's the top?? somewhere in the grey box with time and price areas and the fib from last cycle high to low to extend upward. 6.18s again are some best areas, but any 212 414 may work so ladder out the end of summer pow! again, or...or... different cycle due to BTC President??