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SOLUSD

Is Solana (SOL) Ready To Continue Next Rally? Since April-2020 low, SOL:Binance made all time high of $267.52 in November-2021 as (I) impulse sequence. Currently, it favors upside in ((3)) of I after correction of (II) ended at $7.96 low in December-2022 low. It needs to break above November-2021 high to confirm the next bullish sequence. Since April-2020 low, it placed I of (I) at $61.44 high, II at $19.04 low, III at $221.38 high, IV at $115.45 low & V at $267.52 high. After that it corrected lower in (II) as dip pullback in double correction at $7.96 low in December-2022. Within (II), it placed w at $75.34 low, x at $143.17 high & y at $7.96 low. Above (II) low, it resumed higher in ((1)) of I, which ended at $210.03 high in March-2024. In ((1)), it placed (1) at $26.78 high, (2) at $12.82 low, (3) at $126.35 high, (4) at $78.87 low & finally (5) at $210.03 high as ((1)). It corrected in ((2)) as zigzag correction, which ended at $109.89 low. Within ((2)), it placed (A) at 118.89 low as 5 swings, (B) at $194.07 high as flat & (C) at $109.89 low as ((2)). The zigzag correction missed the extreme areas before turning higher. Above ((2)) low, it placed (1) at $163.56 high & (2) at $120.40 low. It is choppy at the moment & need to break above (1) high to confirm the next move higher to be (3) to extend towards $174.84 – $208.07 area or higher levels as nest in (3). We like to buy the next pullback in 3, 7 or 11 swings, once it breaks above ((1)) high, confirming bullish sequence. Alternatively, if it breaks below $109.89 low, it can do double in ((2)) correction against December-2022 low before resume the trend.
BINANCE:SOLUSD
by EWFcw
Solana Approaching Critical Support: Bullish Reversal or DeclineSolana has shown impressive resilience in the crypto market, benefiting from its high scalability and rapid transaction speeds. Now, the price is testing key support levels, which could define the next directional move. Upside Potential: A bounce from the support around $143.04 could drive SOL higher toward $154.20. A break above this resistance could confirm a strong upward momentum, allowing SOL to push toward the $160 range. Downside Risk: If SOL fails to hold the current support, a decline toward $138.53 and potentially $135.48 is possible, signaling more downside pressure in the near term. This is a critical zone for SOL, with both bulls and bears closely monitoring price action for confirmation of the next move. Happy Trading Mindbloome Trader
CRYPTO:SOLUSD
by Mindbloome-Trading
SOL forecasts SOL/USD Technical Analysis 🌐💹 1. Key Resistance Levels: - $260: A major resistance zone. The price has struggled at this level before, and it may act as a significant barrier again in the near future. 🚧 - $290: The next potential resistance target after breaking through $260. If SOL breaks above $260, this level could serve as the next upward target. 🎯 - $220: An intermediate resistance level between $122 and $260. This could be the first major hurdle for any upward movement. 📈 2. Key Support Levels: - $122: A strong support area that has held up well in previous price movements. If SOL faces downward pressure, this could be a key level to watch. 🛡️ - $77.81: Another crucial support zone that could prevent further declines if the price drops below $122. 🔑 - $27.06: The final strong support zone; this level is critical as the last defense before a potential significant drop. 📉 3. Potential Scenarios: - Bullish Case: If the price breaks through the $220 resistance, a move toward $260 and then potentially $290 could follow. A strong breakout above $290 would signal a major uptrend. 🚀 - Bearish Case: If the price fails to hold above $122, SOL could drop toward $77.81, with the $27.06 level acting as a crucial floor if bearish momentum continues. 🔻 Overall, the price is currently consolidating around $140.68, and traders should watch for breakouts or breakdowns from these key levels to determine the next major move.
COINBASE:SOLUSD
by ahmadarz
2
Is SOLANA really bullish? A different lookEveryone is super bullish on SOL, and I have been also, look at my previous post: But are we still bullish is the question? We hit a 2.618 on logscale exactly for this top, and thats HUGE. So far we are holding a triangle like consolidation pattern at the top but we are setting lower highs and support has been tested 7 times! This will not hold forever if we keep testing it. If we have a catalyst event this could cause a strong breakdown after so many attempts. So what can the cataclyst be in "uptober" where everyone will leverage long like true degens. - Market data has been proven incorrect and better than expected. What happens if the FEDs announce that they don't need to cut rates? Crypto will absolutely not like this. - Israel or russia war events can cause huge disturbances to the market - ?? Am I saying short SOL? No. I'm saying prepare for a possible unexpected turn of events where the entire market is wrong, like always, and you will be prepared. I for one got 3 big limit orders with the major ones being $69 hihi, and $40. If we actually break down i don't expect $80 to be anything more than a bounce.
Short
by Gojira-san
ETH Best level to BUY/HOLD TP 50% gains🔸Hello traders, today let's review 8hour price chart for ETHUSD . strong gains recently off the range lows ,however currently price still stuck in the well-defined distribution range established in August 2024. 🔸We are stuck in mixed range / distribution, since previously price dumped in the summer time therefore expecting more losses in this market before an eventual recovery / bounce off the strong S/R below. Range is defined by 2300 usd lows and 2750 usd highs. so far we are still stuck in this range and I can't recommend any trades right now. 🔸Recommended strategy bulls: wait for a fake breakdown of the recent range expecting one final swipe higher towards 2750 before the eventual dump / breakdown. I got two important levels marked down on my chart - 2 000 USD and 3 000 USD. Expecting price reversal at/near 2 000 usd as the bulls will defend this level. Logical price target for the swing trade setups for the bulls is 3 000 USD, this trade got 50% unleveraged/clean upside. Keep in mind that this is a swing trade so naturally will take more time to hit TP. good luck, traders! 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
COINBASE:ETHUSDShort
by ProjectSyndicate
12
SOLUSDT - Long Trade IdeaThis seems like a nice long opportunity on SOLUSDT perpetual contract pair. The trade will be within the range of price moving from a weekly BISI to a weekly SIBI coupled with relative equal high liquidity. I am anticipating a daily retracement lower, although it may not go as low as my entry. Either way, I am more interested in the trade idea panning out, and can always look for a refined entry if price is indicating that it is not coming to my entry. SL below the last expansion low that reached into nested weekly PD Arrays. - R2F
Long
by Road_2_Funded
4
SOL Price Action and Potential Cup & Handle SetupIt’s becoming increasingly clear that SOL, much like BTC, is forming a cup and handle pattern. Once the trendline is decisively broken, this pattern should lead to higher highs, with the target being roughly the same distance as the height of the cup from bottom to top. If a breakout occurs, SOL’s target could be significantly impressive. However, unlike BTC, SOL (and similarly XRP) often doesn’t follow the typical market movements and can act independently. While I’m not a huge fan of SOL due to its more isolated nature and weaker focus on macro trends, this is an undeniably strong technical setup. If SOL does break through the trendline, I expect it to initially pierce above, only to retest and sit on that line. If the upward trend continues from there, the cup and handle will be fully in play.
CRYPTO:SOLUSDLong
by cryptechcapital
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