Get started

Solanalong

Solana Weekly Analysis Solana appears to be in a favorable position, showing a clear and rational price movement without signs of being overly pumped or in a bubble. It has retraced from previous areas and we've observed price reactions in the short-term highs, likely due to buyers starting to take profits who buys around the $20 mark. Additionally, the price retraced to $100, which seems to align with algorithmic pricing and presents a good opportunity for buyers looking to accumulate and participate in this price run. Looking ahead, the next target for Solana seems to be reaching intermediate highs and potentially surpassing its all-time high, reaching around $270. For those considering buying Solana, it might be wise to wait for a favorable entry point in the sweet spot area between $80 and $60. Then, one can consider selling at the all-time high to secure profits.
COINBASE:SOLUSDLong
by Deotrade1
Winner winner Sol to pay for my Dinner!Hi All, Sol has finally broken free from it's shackles in the $130, breaking out into the late $140's before coming back to retest. As you can see there's a hidden divergence with the confluence of an inverse H&S. I expect the next area of resistance to be in the $160's. If you zoom out into the weekly you can see Sol's just broken out from a multi-month inverse H&S. If it plays out Sol' price action should move to the mid $200's without too much trouble. Cheers BB
Long
by Blockbullder
Solana (SOL) UP UP UPAnalyzing the Solana (SOL) 1D chart, we see that the price has experienced substantial growth and is now navigating a retracement phase. The Relative Strength Index (RSI) has recently dipped from overbought levels, now floating around the mid-range, which suggests a normalization of buying pressure. The Moving Average Convergence Divergence (MACD) histogram is decreasing in height, indicating a reduction in bullish momentum, yet the MACD line remains above the signal line which typically conveys bullish market conditions are still in play. 0.618 FIBO level often being a key area of interest as it is commonly seen as a potential reversal zone. Currently, SOL's price action is hovering around this level, and the market's response here could determine the direction of the next significant price move. Break of Structure (BOS) and Change of Character (Choch) indicators are marked. The BOS signals are aligned with considerable price movements, which could be indicative of institutional or 'smart money' interest at these levels. Volume Profile Visible Range (VPRV) highlights a concentration of trading activity at lower price levels, implying potential support areas if the price were to retrace further. Traders should be wise to watch for any bullish or bearish confirmations at the 0.618 Fibonacci level as well as any further SMC signals that may dictate the strength of the current trend and potential reversal points.
Long
by CryptoDiabloo
SOLUSDT is Bullish now| BUY opportunity !Hello Traders, here is the full analysis. SOL can very easily see some strong growth from this point. GOOD LUCK! Great BUY opportunity SOLUSDT. I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Long
by TheGrove
5
SOL → Solana At Resistance! Will We Reverse? Or Pulling Back?Solana is at a key resistance level from what used to be Support in March of 2022. This resulted in a hard selloff throughout the crypto market, leaving us wondering what comes next. Are we pulling back then continuing? Or are we heading back down to the $32 area? How do we trade this? 🤔 More price action is required to justify a market entry. Here's what we do have; a bull run with what appears to be the final leg up ending at a resistance level, an RSI over 70.00, and a massive bear signal to follow. These are the signs that the trend is about to change into a trading range then either a reversal or continuation. We need another failed attempt to break resistance to justify playing a reversal and we also need another show of support at the 30EMA or Support Zone to long. Until then, it's reasonable to stay on the sidelines until more price action plays out. 🔑 Key Takeaways 🔑 1. At Resistance Zone after 3 Pushes Up. Pullback Likely. 2. Aggressive Selloff at Resistance, Need More Price Action. 3. RSI Over 70.00, Supports Pullback or Reversal. 4. Look for support at bottom of Resistance Zone or 30EMA. 5. Wait to Enter Market, Need Clarity on the Next Moves. ⚠️ Risk Warning! ⚠️ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like 👍 and comment if you found this analysis useful!
by TraderEngineering
SOL SOlANA Technical Analysis And Trade IdeaEngaging in a meticulous examination of Solana's charts uncovers a retracement pattern from its recent high, prominently evident on the 1D and 1W timeframes, we consider a further pullback. The pivotal consideration revolves around whether this retracement will escalate to a 1W entry point, or if there's a potential for a strategic entry at a 1D retracement level. Our video delves into the SOL analysis across these time frames, identifying two possible trade opportunities grounded in market structure, price dynamics, trend analysis, and other critical aspects of technical analysis. It's crucial to emphasize that the insights presented in this content are intended strictly for educational purposes and should not be interpreted as financial advice. Participating in the cryptocurrency market inherently carries a substantial level of risk, and as such, it is imperative to judiciously integrate robust risk management strategies into your trading plan to adeptly navigate the challenges associated with these dynamic markets.
Long
by fxtraderanthony
SOL next targetsNext targets for Solana BINANCE:SOLUSDT Possible Targets and explanation idea ➡️Solana I think have a limitation for this pump till 65-81$ targets before correction ➡️Marked high of May 2021 will be like first trigger. ➡️Take profit line base on Take profit indicator exactly at M fvg ➡️Flags marked also levels for fixation profit before correction ➡️Based on Money Power indicator whales start fix step by step their positions Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"!
by Crypto4light
6
Solana poised to attract a million new users on Coinbase!Solana (SOL), a fast-growing blockchain platform, is anticipated to witness a significant surge in user adoption on Coinbase, and I believe it presents a unique investment opportunity worth considering. Why should you pay attention to Solana? Here are a few key factors that make it stand out: 1. Scalability and Speed: Solana's innovative architecture allows it to process thousands of transactions per second, making it one of the fastest blockchain networks in existence. This scalability is crucial for accommodating the growing demands of decentralized applications (dApps) and ensuring a smooth user experience. 2. Developer-Friendly Ecosystem: Solana offers an extensive set of developer tools and resources, empowering creators to build decentralized applications with ease. This robust ecosystem has already attracted several high-profile projects, indicating the platform's potential for long-term growth. 3. Strong Community Support: Solana has garnered a dedicated and passionate community that actively contributes to its development and expansion. This level of engagement is a positive sign, as a strong community can drive awareness, adoption, and overall value appreciation. While investing in any cryptocurrency involves risk, the potential Coinbase listing for Solana presents an opportunity to capitalize on the anticipated surge in user adoption. However, as cautious traders, it is essential to conduct thorough research and evaluate your risk tolerance before making any investment decisions. Considering the promising fundamentals and the imminent Coinbase listing, I encourage you to explore Solana further and evaluate its potential as an investment option. As always, it is crucial to diversify your portfolio and seek professional advice if needed. Feel free to reach out if you have any questions or would like to discuss this opportunity further by commenting below. Let's navigate the exciting world of cryptocurrencies together! Call-to-Action: Invest in Solana Today! Don't miss out on the potential gains that Solana's pump could bring. Consider investing in SOL and explore its potential for growth. Remember to conduct thorough research, diversify your portfolio, and make informed decisions. Together, let's seize this exciting opportunity in the crypto market! Disclaimer: This idea is for informational purposes only and should not be considered as financial advice. Always do your own research and consult with a professional before making any investment decisions. Cryptocurrencies are highly volatile, and there is a risk of loss. coinpedia.org
by bryandowningqln