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SOLUSD

Solana Breaks Inverse H&S Neckline & Clears TriangleTraders, Multiple indicators show Solana on the way to final target now of $230-250. My followers were given a signal at $120-140 and should easily double their $$$. We have an inverse h&s pattern inside a bullish triangle. Additionally, a double bottom pattern forms the right shoulder. This all shows us clearly that it will be hard to stop Solana. We have a little resistance rn and may retest the top side of our triangle, but in less than a week I anticipate further price action to the upside as we continue to smash through levels like we're karate chopping balsa wood. Best, Stew
COINBASE:SOLUSDLong
by stewdamus
SOL buy setupThe structure of SOL is bullish and in this structure we are looking for positions aligned with the structure in the movement origins. We have specified the support range as demand on the chart. We are looking for buy/long positions on this range. Closing a daily candle below the invalidation level will violate the analysis Note that the financial market is risky, so: Do not enter a position without setting a stop and capital management and confirmation and trigger. When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit. If you have any comments please post them, comments will help us improve our performance Thanks
by iMoneyTeam
$SOLUSD's bull run = done until 2025, back to $50 or belowAs you can see from the chart, price has hit the top of the structure and has begun to reject off of it on the 2D timeframe. I think this is the start of a much larger move down for Solana. I think it's likely that from here, Solana goes to test the $51 region at a minimum. If it can bounce there, then it's likely that it'll come back up to the top of the structure and break it. However if it can't, then I think it's likely to continue down to the lower supports before bouncing and we'll see a longer accumulation before we see a breakout. I lean towards altcoins going down/being in an accumulation phase until Jan - March 2025 then seeing a large move after that. Once the structure breaks to the upside, initial target is $750. Would be an amazing trade to accumulate at the lows should this play out. Let's see what happens over the next 6-12 months and beyond.
COINBASE:SOLUSDShort
by benjihyam
2
SOL SHORT Building upAnalysis: Market Structure Shift (MSS): Awaiting confirmation below 187.52 for entry trigger 🛑 Fair Value Gap (FVG): Identified on the 4H chart (shaded grey area) 📊 Price Action: Bearish momentum expected to continue 📉 🎯 Entry: Below 187.52 on confirmation 🛡️ Stop Loss: Above 194.00 🏆 Take Profit: Targeting 176.80 🎯 📅 Time Frame: 4H Chart ⏰ 🔔 Trade Plan: Wait for a close below 187.52 for entry confirmation. Set stop loss above the resistance at 194.00 to protect against potential reversals. Aim for the take profit target at 176.80, where significant support is expected.
Short
by SerenityEquity
Potential price reversal and renewed growthOn a 4-hour chart Solana has reached significant levels that could indicate potential price reversal and renewed growth. Possible Reversal Zones: One of the critical reversal zones for Solana is in the range of $169 to $177. This area acts as a strong support level and can potentially cause a price reversal. A price encounter with these levels is likely to lead to a renewed pump and a move towards 200. Price Target: In the event of a reversal and renewed price growth, the price target for this analysis is $200. This level acts as an important resistance, and reaching it would indicate a significant price increase for Solana.
by MonoCoinSignal
2
Solana Soars: Breakout and Futures Fuel RallySolana (SOL) has ignited a bullish flame, surging past a critical resistance level as investor appetite for risk intensifies. On Monday, the cryptocurrency's impressive performance comes amidst a broader market uptick, driven by anticipation for the Federal Reserve's interest rate decision and the release of key earnings reports. The digital asset's ascent was marked by a decisive break above a key resistance point, a technical indicator often seen as bullish. This breakthrough suggests a potential shift in market sentiment, with investors becoming increasingly optimistic about Solana's prospects. Adding fuel to the fire, Solana's futures open interest has been steadily climbing, nearing an all-time high. This metric, which represents the total number of outstanding futures contracts, is often interpreted as a measure of market interest and activity. The surge in open interest indicates growing investor engagement and potentially points to further price appreciation. The broader cryptocurrency market has also experienced a resurgence, with a prevailing risk-on sentiment taking hold. As investors weigh the implications of potential monetary policy adjustments and corporate earnings, many opt to allocate capital to higher-risk assets like Solana. While the recent rally is undoubtedly encouraging for Solana holders, it's essential to approach the market with caution. Cryptocurrencies are inherently volatile, and price fluctuations can be rapid and unpredictable. Factors such as regulatory developments, macroeconomic conditions, and project-specific news can all impact asset prices. Technical analysts will be closely monitoring Solana's price action to identify potential support and resistance levels. If the cryptocurrency manages to consolidate its gains above the recently breached resistance, it could open the door for further upward momentum. However, a failure to hold onto these gains could lead to a retest of previous support levels. As the cryptocurrency market continues to evolve, Solana's performance will be closely watched by investors and traders alike. The recent breakout and surge in future open interest has undoubtedly generated excitement, but it remains to be seen whether this momentum can be sustained. Disclaimer: This article is for informational purposes only and does not constitute financial advice. Conducting thorough research or consulting with a financial advisor is strongly recommended before making investment decisions.
COINBASE:SOLUSDLong
by bryandowningqln
SOLUSDT : BULLISH W-Bottom PatternThe daily timeframe for Solana has revealed a key pattern - the W Bottom pattern. If this pattern plays out, a healthy correction of around 16% is likely before another impulse wave(s) up. It's important to note that according to this pattern, for the immediate/short term we will likely go lower to retest the key support zone, which is the W Neckline. But for the near/long term, this is a bullish pattern. The one condition for this pattern, is that the daily candle cannot CLOSE underneath the support zone / neckline of the W . Don't miss yesterday's update on why ALTSEASON 2.0 is upon us: ____________________________ COINBASE:SOLUSD
COINBASE:SOLUSDLong
by CryptoCheck-
1
SOL/USDT Outlook ICT ConceptsSolana (SOL/USDT) Analysis 💰 Welcome to Your Channel! Welcome to our channel where we delve into the intricacies of financial markets. Today, we focus on SOL/USDT, dissecting its current price action to uncover strategic trading opportunities. Join us as we analyze key levels and market dynamics, aiming to refine our trading strategies and maximize potential gains. 💡 Previous Analysis Review: We expected a market structure shift after the sweep of the previous month's low, which occurred. The Intermediate Fair Value Gap (IFVG) held the price, leading to an expansion higher into the previous month's high. 📍 Current Market Overview: The current price is around 184.18. We recently swept the previous week's high and are close to the buy-side liquidity (BSL) above the chart. 🔍 Identifying Key Levels: • PMH: Previous Month High • PWH: Previous Week High • PWL: Previous Week Low • BSL: Buy-Side Liquidity • SSL: Sell-Side Liquidity • Minor SSL: Minor Sell-Side Liquidity • Daily FVG: Daily Fair Value Gap, highlighting areas of imbalance on the daily timeframe 📊 Key Considerations: • Current Price Position: The price is trading around 184.18, close to sweeping the buy-side liquidity (BSL). • Key Levels Swept: The price has taken out the previous week's high and is near the BSL. • Potential Retracement: Anticipate the price to start moving lower from here, or wait for the BSL to be taken before looking for short positions. Long Position Scenarios: • For a long position, wait for the SSLs below the chart to be taken, then look for long opportunities. A riskier long scenario involves a sweep of the Minor SSL, followed by entry on lower time frames targeting the BSL above the chart. 📈 Bullish Scenario: Given the current price action and key considerations, a bullish scenario is possible if the following conditions are met: • Sweep of Minor SSL: After sweeping the Minor SSL, look for entry on lower time frames targeting the BSL above the chart. • Protected Lows: The SSLs below the chart act as protected levels, supporting a bullish continuation after being taken. 📉 Bearish Scenario: A bearish scenario is likely if the following conditions are met: • Sweep of BSL: The price sweeps the buy-side liquidity, indicating a potential reversal and bearish movement. • Failure to Hold Above Key Levels: If the price fails to hold above the key levels and starts to decline, further bearish movement is likely. 📊 Chart Analysis Summary: • Bullish Expectation: The expectation is for the price to potentially sweep the Minor SSL, retrace lower, and then look for long entries targeting the BSL above the chart. Alternatively, wait for the SSLs to be taken before looking for long opportunities. • Bearish Expectation: If the price sweeps the BSL, it could signal a bearish scenario. If the price fails to hold above the key levels and breaks below the recent lows, further bearish movement is anticipated. 🙏 Thank you for joining us! Exploring SOL/USDT today highlighted the importance of effective risk management in trading success. Prioritize research, implement robust strategies, and seek guidance for confident market navigation. Stay tuned for more insights on our channel. Here's to profitable trading and continuous learning! ⚠️ Disclaimer The information provided here is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.
by RealArmin
SOL Gol📊 Analysis by AhmadArz: SOLUSDT Technical Analysis Using Price Action This analysis utilizes the Price Action method and descending channel lines. Here is a detailed explanation of the SOL/USDT trading signal, which can help you determine appropriate entry and exit points in your trades. 🔍 Entry Point: The entry point occurs when the price breaks above the descending channel line (blue line) and confirms with a strong bullish candle. Typically, this happens with a significant bullish candle closing above the channel line. Therefore: Suggested Entry Point: Around 127.90 USDT (after confirmation on the first 4-hour bullish candle) 📈 🛑 Stop Loss: The stop loss should be placed at a level where, if the price reaches it, the likelihood of further decline is high. This point is usually below strong support areas. Therefore: Suggested Stop Loss: 120.80 USDT (below the lowest swing) 🚫 🎯 Take Profit: After entering the trade, setting price targets is crucial to optimize your profit. In this analysis, several Take Profit (TP) levels are identified, each with its own rationale: TP1: 127.72 USDT 💰 Reason: This level is close to the entry point and serves as the first short-term target. The goal is to lock in short-term gains and reduce risk. TP2: 142.43 USDT 🔄 Reason: This level is near the previous descending trendline, which may act as resistance. This is a suitable target for a mid-term exit. TP3: 149.20 USDT 🚀 Reason: This level is a strong previous resistance where the price might react. Breaking this level could lead to further upward movement. TP4: 157.55 USDT 📈 Reason: This level is near a key resistance where the price has reacted multiple times before. Targeting this level indicates a high likelihood of price reaction. TP5: 163.98 USDT 📊 Reason: This level is near the highest price level in the recent period. If the price reaches this level, it is likely to stabilize. TP6: 174.65 USDT 🌟 Reason: This level is a long-term target and the highest resistance level in the analysis. Reaching this level could indicate further potential for higher prices. 📊 Signal Story: This analysis shows that SOL/USDT is moving within a descending channel. If the price can break above the descending channel line and confirm with a bullish candle, it is likely to move towards higher targets. Therefore, the suggested entry point is around 127.90 USDT. 📉 The stop loss is placed below a strong support area to prevent significant losses if the price moves downward. The Take Profit (TP) targets are specified in sequence, which can be used to set exit points. 🚫 💡 Key Points: Entry Point: Around 127.90 USDT (after confirmation on the first 4-hour bullish candle) 📈 Stop Loss: 120.80 USDT (below the lowest swing) 🚫 Take Profit Targets (TP): TP1: 127.72 USDT 💰 TP2: 142.43 USDT 🔄 TP3: 149.20 USDT 🚀 TP4: 157.55 USDT 📈 TP5: 163.98 USDT 📊 TP6: 174.65 USDT 🌟 🔗 "Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡 Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀 Please boost and 💬 comment to share your thoughts with us!
Long
by ahmadarz
6
SOL to 300+ Kingmaker coinafter a long "wait", with BTC halving and some consolidation, i think its not long until crypto as a whole continues, and actually picks up the pace upwards Looking at sol here, its not a lot of resistance before blue skies I havent drawn the ath, but that is around 270. Im looking for this to "melt" upwards. Not sure exactly when, but it will be a blast when or if it happens. Of course nobody knows. But tracking crypto now for 8 years, im getting more confident. I dont think 300 the top, especially thinking of the previous 270.. just +10% on that is not enough, but in the relative "short term" i think we shall see 300-350 As for how high i believe it will top... oh that is high -- BTC is now around 67500, and this area is huge.. BTC could be done with a smaller 12345 and ab, so we might see a little pullback to c lower, that will again pull SOL lower as well. In the bigger picture, this does not change anything or matter. But it could add like a month sideways, which will be ok
PYTH:SOLUSDLong
by NaturalPatterns
SOL/USD Short-term Bullish ReversalAlright, let's break down this SOL trading idea. So, we're looking at SOL, and it seems like it's lagging behind BTC by a few hours. BTC already had its pump off the double bottom, but SOL is just starting to form its double bottom pattern. This is a pretty bullish sign, especially in the short term. Take a look at the chart. We've got a clear double bottom forming around the $165 mark, which is a solid support level. The price is bouncing off this support, setting us up for a nice retest of the R1 resistance level around $182.50. Notice how the price action has been respecting the moving averages (those colored lines). The price dipped below but quickly snapped back above, showing strong buying interest. This kind of price action often leads to a breakout, especially when combined with a bullish pattern like the double bottom. The lower wicks on the recent candles show that there's been buying pressure at lower levels, pushing the price back up. This is a good sign that the bulls are stepping in. So, in short, SOL is looking to play catch-up with BTC. We're forming a double bottom, the price is respecting key support levels, and we have a clear target at R1. If we get a break and close above the R1 level, we could see a continuation towards higher resistance levels. Keep an eye on the volume as well. Increasing volume on the upward move will confirm the breakout and give us more confidence in the bullish scenario. That's the play: watch for the double bottom completion and a move towards R1. If BTC continues to hold strong, SOL should follow suit and give us a nice short-term bullish move. This is just my take based on the current charts and market conditions. Always do your own research and consider multiple factors before making any trading decisions. Always stay neutral, let the trend be your friend, and trade on.
COINBASE:SOLUSDLong
by KennyTheSensei
Solana's next leg up is starting...Expect SOL to outperform everything again in the next 7 months IMHO... I'm still long ETH, and BTC via futures, but added to my SOL bags substantially this week. Paypal's stablecoin is seeing massive growth (partially thanks to their subsidized defi yield), memes are still a dominant narrative and a huge source of fees denominated in SOL, and decentralized exchange volumes in Solana are beating everything else. Additionally, the next ETF to be approved, after Ethereum, will probably be a Solana one, so the market is front running this right as ETH ETFs go live in a couple days. I'm documenting my call and targets here, for posterity's sake, see the older SOL posts I made, there's a lot of intricacies and things to do with defi and onchain activities to further boost returns, hedging opportunities, short term futures trades, etc. that you can't get from following my TV posts, but it gives you an idea of my batting average with these ideas. Best of luck! Cheers, Ivan Labrie.
Long
by IvanLabrie