SOL: Pullback in UptrendSolana (SOL) technical analysis:
Trade setup : Price broke back above $20 resistance and 200-day moving average. Then, price spiked up 50% into a stiff resistance zone ($25-30) and got very overbought (RSI > 80). Pullbacks near $20-$22 support zone (also 200-day Moving Average) could be attractive swing entries in Uptrend.
Trend : Downtrend on Short- and Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Bearish but inflecting . MACD Line is below MACD Signal Line and RSI is below 45 but momentum may have bottomed since MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance Nearest Support Zone is $20 (previous resistance), then $12. The nearest Resistance Zone is $25 – $30, then $38.
Solanausdt
SOL: Pullback in UptrendSolana (SOL) technical analysis:
Trade setup : After price broke back above $20 resistance and 200-day moving average. Then, price spiked up 50% into a stiff resistance zone ($25-30) and got very overbought (RSI > 80). Pullbacks near $20-$22 support zone (also 200-day Moving Average) could be attractive swing entries in Uptrend.
Trend : Downtrend on Short-Term basis, Neutral on Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $20 (previous resistance), then $15. The nearest Resistance Zone is $25 – $30, then $38.
SOLANA SHORT H4Hello friends,
Solana is currently in a resistance range that can be shorted by observing entry triggers. Please note that with a break of the trend line, we can potentially have relative growth in this currency.
I would appreciate it if you could share your thoughts with me in the comments.
Refueling for the climbBy leaving the triangle, the SOL currency has provided itself with the possibility of further growth. The first target for this currency is clear in the picture, but before the growth of this currency, a correction may happen. This correction will go up to 50 Fibo in the worst case, which is The support range is shown in the analysis.
$SOL to $969Bullish on CRYPTOCAP:SOL
We are in accumulation zone < $30 and I have been buying heavily
SOL is my biggest conviction play this next cycle
Using past history of BTC and ETH, and fibonacci extensions, a cycle target of $969 was acquired.
Good luck, have fun, and I'll be #StackingSOLANA
SOL SOLUSD SOLANA SOLANAUSD
-@CryptoCurb
SOLUSDT Weekly Analysis after taken liquidity of the sell side and change of character and retracement to fill fvg we will see a continuation to taken liquidity of the buy side and retest of the supply zone so in low time frame we will see many opportunities for buy
- Trading is probability control your risk management
Good luck !
solusdtNew update of Solana currency
According to the previous analysis, the price did not have the necessary resistance and crossed the lower line of the triangle, and I expect further correction to the specified range. The number specified in the picture is my intention to enter the purchase transaction. When the price reaches the specified number, please check carefully. As a rule, below the green range is your loss limit. And I tried my best to make the picture self-explanatory.
With thanks for your attention.
Good luck.
Solana Price May Explode: Bullrun Continues ?Following a remarkable surge in BINANCE:SOLUSDT Solana's price , the cryptocurrency is now forming a triangle pattern, suggesting the possibility of a continued bull run. For conservative traders, exercising caution and waiting for a pullback may be a prudent approach. However, for those seeking aggressive trades, entering the market now could be considered, with a recommended stop loss set below the bottom triangle line.
The nearest target for potential gains stands at the $32 price level. However, a successful breakthrough of the $32 resistance will largely depend on the backing of substantial trading volume.
SOLANA pump may be finished soonSOLUSDT has had a nice pump but it may be over soon.
the price is approaching the downsloping resistance where we should see sellers stepping in.
If it break higher , there's a very strong resistance at 26- 27 $.
Either way, it will come back down so buying now is not the best idea.
Short at the resistance and take profit / close shorts at the support.
2 targets are shown on the chart.
Good luck
Solana – Second EntryTLDR:
• This trade is for those of you that missed the first entry I gave (linked idea).
• This trade can also be an opportunity to compound the trade if you took a profit.
• There are two possible reentry points: 17.65$ - 18$ and 15.95$ - 16.71$.
• My medium-term targets for SOL are 26.45$ and 39$.
Entry No.1: 17.65$ - 18$
• This is a demand zone created on the 4H TF. However, this demand zone may be already depleted (blue dot).
• The second confluence for this demand zone is the 21D EMA.
Entry No. 2: 15.95$ - 16.71$
This is an untested demand zone on the daily timeframe.
There is additional confluence for this zone from the Lux Algo Range Sentiment indicator.
Trade Idea:
Entry: 16.76 USD
SL: 15.63 USD.
Target: 26.45 and 39 USD.
TP: Take some profit or move your SL close to the supply zones
SOLUSDT - As GOOD as it Gets BUY ZONEHi Traders, Investors and Speculators of Charts📈📉
Solana / SOLUSDT has some GREAT upside potential from this point, and SOL is no stranger to parabolic upside movements. We know this because:
✅ SOLUSDT Macro Cycle analysis shows Accumulation Phase
✅ SOLUSDT established a clear bottom with CryptoCheck START v3.5 RSI showing oversold
✅ SOLUSDT is currently trading rangebound AFTER bearish cycle has completed
✅ According to market cycle / phase analysis, the next step to follow is the bullish cycle
✅ Clear support zone & resistance zone -ranges can be identified by using Technical Indicators
Even thought the price may continue to trade range bound for a period of time, the next big market cycle is clearly the bullish phase. It may take some patience on the trader's side, but this is an ideal buy zone for the accumulation phase.
_______________________
📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍
We thank you for your support !
CryptoCheck
CRYPTOCAP:SOL BINANCE:SOLUSDT BINANCE:SOLUSD COINBASE:SOLUSD BYBIT:SOLUSDT.P BINANCE:SOLBTC BINANCEUS:SOLUSD CRYPTOCAP:SOL.D KRAKEN:SOLUSD OKX:SOLUSDT.P