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SOLUSD

SOL / BTC Forming a Bowl and Smooth Accumulations ! Solana's performance against Bitcoin has been quite healthy over the past few years. Before the FTX collapse, the price consolidated for months in a completely horizontal range. The FTX crash caused the price to form the bottom of the bowl structure and the price accumulated in the bottom of the bowl for months. After months of accumulation, the price broke above two consecutive downward accumulation areas, settling just above the first accumulation area. The fact that the current accumulation zone just above first accumulation zone has acted as support for the past 7 months indicates a very healthy trajectory. Moreover, this 7-month horizontal process seems to have started turning upwards in September, touching the bowl structure. If this structure continues to function healthily, it means that the direction will continue upwards in the near term, reaching as far as the end of the bowl.
Long
by huecoshunter
SOLUSDT Flag Pattern Alert - Potential Breakout Ahead!SOL/USDT is currently forming a flag pattern within a key support and resistance zone. After several days of consolidation, the price action indicates a possible breakout. Watch for a decisive move above the upper boundary of the flag, which could signal a sudden upward momentum. Remember to always set a stop loss to manage risk effectively. SOLUSDT (4h Chart) Technical analysis SOLUSDT (4h Chart) Currently trading at $146 Buy level: Above $146.5 Stop loss: Below $140 TP1: $150 TP2: $155 TP3: $165 TP4: $180 Max Leverage 5x Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Long
by GreenCryptoTrades
Moo Deng's Wild Adventure in the Shitcoin ForestIn a world where the line between reality and crypto-fantasy blurred, Moo Deng, the tiny but mighty pygmy hippo, found herself on an adventure like no other. It all began on a particularly humid day in the Khao Kheow Open Zoo, where Moo Deng was lazily sunbathing near her favorite mud puddle. Little did she know, destiny—or perhaps just some glitchy blockchain code—had other plans for her. One moment she was napping, the next she was tumbling through a swirling vortex of pixels and code. When she finally landed, Moo Deng found herself in a strange, shimmering forest. The trees were made of scrolling ticker symbols, the leaves were tiny dollar signs, and the air was thick with the scent of… memes? “This must be the Shitcoin Forest!” Moo Deng muttered to herself, recalling the legendary tales of this bizarre place. It was said that deep within the forest, countless meme coins roamed wild and free, each with its own quirky personality and dubious value. But the forest wasn’t without its dangers—rumor had it that the most ferocious creatures in the crypto world lived here: the Bearish Bears. As Moo Deng cautiously waddled deeper into the forest, she heard whispers among the trees—something about the Bears being in a foul mood. They’d recently suffered heavy losses after a wave of bullish sentiment had swept through the market, leaving them grumpy and hungry for revenge. Unfortunately for Moo Deng, she had just stumbled into their territory. Before she could react, a group of Bears appeared, their fur bristling with anger and their eyes locked on her. These weren’t just any Bears; they were the notorious Shitcoin Bears, known for crashing everything in their path. The biggest of them, with a scar over one eye, let out a menacing growl, “Who dares enter our forest? Prepare to be shorted!” But Moo Deng was no ordinary hippo. Though small, she was quick-witted and full of surprises. She knew she had to act fast if she wanted to survive this bearish onslaught. “Well, well, well,” Moo Deng said, mustering her most confident voice, “I didn’t realize the bears were still hibernating in 2024! I guess I’ll just leave you to your… losses.” The Bears paused, momentarily thrown off by Moo Deng’s sass. But the biggest Bear, undeterred, snarled, “You think you can mock us? We’ll crush you like a meme coin after a pump-and-dump!” Just then, Moo Deng’s eyes sparkled with a mischievous idea. Recalling the power of the Moo Deng Coin she had inspired, she quickly dug into her pocket (okay, imaginary pocket, but go with it) and pulled out a shiny Moo Deng Coin. “How about a little wager, my bearish friends?” she proposed, spinning the coin on her hoof. “If I win, you let me pass. If you win… well, you can try.” The Bears, always hungry for a challenge, agreed. “What’s the game?” they growled. “Simple,” Moo Deng grinned. “Whoever can hold the coin the longest without losing its value wins.” The Bears, thinking they had the upper paw, eagerly took turns holding the coin. But something strange happened—every time a Bear touched the coin, it grew heavier and started to slip through their paws. Their fur grew more tangled, their growls more frustrated. The coin’s value stayed strong, while the Bears grew weaker by the minute. Finally, it was Moo Deng’s turn. With a flick of her tiny tail, she balanced the coin perfectly on her nose and began to dance. The Bears watched in disbelief as the coin shimmered, growing lighter and more valuable with every twirl. Moo Deng finished with a flourish, flipping the coin high into the air and catching it with a triumphant grin. “You lose, Bears!” she declared. The Bears, utterly defeated and embarrassed, slunk back into the shadows, growling something about needing to check the charts. Moo Deng continued her journey through the Shitcoin Forest, now a legend in her own right. She had faced down the mighty Bears and emerged victorious, proving that even the smallest hippo could outsmart the biggest market movers. And as she waddled back towards the vortex that would take her home, Moo Deng knew one thing for sure—whether in the real world or the wild world of crypto, she was a force to be reckoned with.
RAYDIUM:MOODENGSOL_22WRMY.USDLong
by alcoholic-semen-thrower
SOL Short Scalp Trade IdeaWanted to try this a little earlier, but got caught up with something. Trying this short here as I see some rejection from the 15 MIN Key Level and then possibly targeting 151.81 as the final TP. Entry Price: 154.05 SL: 155.35 TP1: 153.33 (A closer target) TP2: 151.81 Ideally I'd have loved it to retest the trend line, but since it hasn't done that, there is a small possibility that it'd do it making this a little risky which is why I have the SL a little wider. Just going to wait and watch now. Let me know your thoughts on SOLANA (SOL). Together we can make the right trades :) Happy trading!
Short
by MoneyChartz
Why SOL Momentum Isn't Fake This Time? Since March 1, 2024, SOL has been holding above $126 and is about to complete its 7th month at this level. During this 7-month horizontal period, the price has formed 3 highs and 3 lows. The probability of the 4th high being even higher is greater because it has held its main support above $126 for this period, indicating a healthy accumulation. Boxes Looking at the boxes, we see that the price moved horizontally for a few days in the left blue box, then moved horizontally for a few days in the yellow box, and continued upward. Looking at the right boxes and the same price regions, we see that the best-filled low region is the blue box, which is the 3rd low region. This is because the candles in the blue box were completely contained within this price range, filling it well. This pushed the price to the yellow box region. In short, we see a price that is moving forward with a healthier accumulation compared to previous periods. This makes the picture bullish for now. We can use these box regions as support in case of potential pullbacks. If we lose these regions, we can change our minds. But it may continue upwards without spending more time there. Explanation of technical terms: Accumulation: The buying of an asset over time, often at a lower price. A healthy accumulation phase is considered bullish. Highs and lows: These refer to the highest and lowest prices reached during a specific period. Support: A price level where buying interest is strong enough to prevent the price from falling further. Boxes: These are likely referring to specific price ranges or patterns on a chart.
Long
by huecoshunter
SOL Very Risky SHORT Trade Idea (with Profits)Taking a very risky Short trade here with some of the profit's I made. Price is coming into the 5 Min Key Level to retest after breaking it once. Saw a little rejection so I'm just picking up a short with a very very tight Stop-Loss. Entry Price: 152.22 SL: 152.80 TP1: 151.15 TP2: 150.23 TP3: 149.10 NOTE: This is mainly a gamble trade otherwise I normally don't trade like this. Trade with caution :) Let me know what you guys think. I appreciate comments. Good luck and Happy Trading!
Short
by MoneyChartz
2
SOLUSD: Ready to breakout parabolically.Solana just turned bullish on its 1D timeframe (RSI = 58.732, MACD = 1.506, ADX = 22.317) but remains neutral on the 1W (RSI = 51.934, MACD = 6.162, ADX = 25.249) which underlines its undervalued nature. Since the August low, the price has held the 1W MA50, cementing it as Support and appears to be ready for a breakout. This breakout can be a parabolic one, same as the one that emerged on December 21 2020. This was the bullish wave of SOL's historic Channel Up pattern and it came when the 1W RSI rebounded on the pressure zone. This is exactly where the price sits today. Even though that would catapult its market cap and high adoption is needed behind it (along with other fundamental catalysts), technically if those conditions emerge, we can see Solana making a new HH on its Channel Up, TP = 5,000. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:SOLUSDLong
by InvestingScope
2
SOLANA - Double Top or ready to breakout?Solana, the coin that has performed best against Bitcoin so far, is at a critical level, right now I do the same reasoning as I did on BTC, I observe only for the simple reason that you don't buy under the major resistance, you wait for the Breakout + retest or you wait for a nice support, in this case the long-term reversal points are clear and the first important support I see is very Lower than where the price is now, it's time to use the best of a trader's virtues which is patience
CRYPTO:SOLUSD
by MC_Capital_
SOL Gamble Scalp Long TradeEntering SOL once again here. I think BTC is trying to stay in a range and so is SOL. I'm just playing the range with a tight SL with a possible 1:3 Risk-Reward. Entry Price: 142.96 SL: 142.44 TP1: 143.99 TP2: 144.92 I took the trade based on the 5min TF. It can go either way, so definitely risky. If we go down to the Key Level and it's respecting the support, I might add some more. But given that it has already retested the support level, it's not that strong. Let's see! Let me know what you guys think.
Long
by MoneyChartz
SOL Short Trade Round 3 [Very Risky]Trying this for the third time. BTC pumped and so did the other alt's. Idea is to short it at the previous 15 min key level since we got a rejection there. Entry price is: 148.07 Target prices are listed on the chart: TP1: 147.49 TP2: 146.08 TP3: 144.83 TP4: 141.90 SL: 149.12 Note: This is a risky trade, but I do like the risk reward ratio here so just using my profits to trade. Ideally if the price goes below 147, it'd be a safe short from there. Do not chase the trade and do you own research before entering. Happy trading!
Short
by MoneyChartz
The forecasting of SOLUSDThe forecasting of SOLUSD prices can be a complex task, as it involves analyzing various factors such as: Market sentiment: The overall mood of the cryptocurrency market can significantly impact SOLUSD prices. Positive news and trends can lead to price increases, while negative news and trends can lead to price decreases. Supply and demand: The balance between the supply of SOLUSD tokens and the demand for them can also influence prices. If demand exceeds supply, prices may rise, and vice versa. Technical analysis: This involves studying historical price data to identify patterns and trends that may indicate future price movements. Technical indicators such as moving averages, relative strength index (RSI), and Bollinger Bands can be used to make predictions. Fundamental analysis: This involves examining the underlying factors that affect the value of SOLUSD, such as the development of the Solana blockchain, the adoption of SOLUSD by merchants and businesses, and the overall health of the cryptocurrency industry. Disclaimer: This information is for educational purposes only and should not be considered financial advice. Investing in cryptocurrencies involves risk, and it is important to do your own research before making any investment decisions.
BINANCE:SOLUSD
by ITManager_US
SOLUSDT – Potential ABC Correction into ResistanceIn this analysis, we’re tracking an Elliott Wave structure on Solana’s daily chart. Here’s what we’re seeing: Resistance Zone ($150-$160): This zone has been tested multiple times and remains a critical level to break for further bullish continuation. A break above this area could lead to a much stronger move towards $170+ levels. Elliott Wave Count: We have just completed a 5-wave impulse down, marking a significant local bottom around $129-$130. Now, we’re possibly in the midst of an ABC corrective wave: (A): First push upwards off the $129-$130 zone. (B): Expected pullback after testing the resistance. (C): Potential rally back to $150-$160 resistance to complete the ABC structure. Support Trendline: The ascending yellow trendline connects key lows and is guiding the price upward. This line will act as dynamic support, and any break below it could invalidate the bullish scenario. Key Levels: Watch the resistance zone at $150-$160 closely; breaking this with strong volume would confirm a bullish breakout. Failure to break above could push SOL back to retest support around $130-$135. Conclusion: SOL is entering a critical phase. The ABC correction points to a potential test of the resistance zone at $150-$160, but traders should be cautious of rejection here. If the bullish scenario plays out, we could see a move toward $170+. However, invalidation below the ascending support trendline could lead to more downside.
by Blockbullder
SOL: Bears in ControlWill Solana Hold the Line at $127? Solana's price action is tense, trading at $127, a key psychological and technical support level. The recent decline has been driven by negative sentiment, exacerbated by institutional outflows and overall crypto market weakness. However, this is also where the market could flip. Traders should be on high alert for any signs of reversal or continuation as SOL approaches oversold conditions across multiple indicators. Momentum Breakdown: Bearish but Ready for a Rebound? The 1H RSI is deep in oversold territory, signaling that sellers may be running out of steam. With the price pressing against the lower Bollinger Band, a quick bounce isn’t out of the question. The MACD shows lingering bearish momentum, but the gap between the histogram bars is narrowing, hinting at a potential bottoming out soon. On the 4H timeframe, the RSI remains low but slightly more stable. Volume spikes on the 4H chart could indicate that larger players are preparing for a potential reversal or trying to push the market further down to scoop up cheaper tokens. Watch for a Bounce or Breakdown Bullish Scenario: If SOL manages to defend the $127 level, we could see a short-term bounce to $132.50, which aligns with the 50-day moving average and upper Bollinger Band on shorter timeframes. A successful breach of $132.50 would indicate strength, and the next target would be $138, where multiple resistance levels cluster. Bearish Scenario: A sustained break below $127 could trigger a sell-off down to $123.28, a secondary support level. If that fails, expect deeper pain with $110 in sight, especially if the broader market stays bearish. A drop in OBV supports this negative outlook, signaling continued distribution. Trader Takeaway: Timing is Everything This is a high-risk, high-reward moment for Solana traders. Watch for a bounce at $127 for a quick long trade, but be prepared to cut losses quickly if the level breaks. Volatility is likely, and setting stop losses tightly is crucial here. If you’re a swing trader, a break above $132.50 could offer a safer entry for a ride up to $138 or even $150 in a stronger market rebound. For now, the best strategy is patience and caution—the next 24-48 hours will reveal whether SOL has the strength to rally or if the bears will tighten their grip. With Solana teetering at $127, now is the time for decisive action. If you're eyeing a bounce, this is your potential entry point, but be ready to exit quickly if support breaks. Set tight stop-losses below $127 to protect against a further drop, and monitor volume closely for signs of a reversal. If $132.50 is breached, it could be the start of a broader recovery, giving you a prime chance to ride the wave higher. In this volatile zone, quick reactions and well-placed orders will be key to staying ahead. Stay engaged, don’t miss the breakout!
by MonoCoinSignal