Solana Found support at $169.0FenzoFx—Solana found support at $169.0, consolidating after its recent gains on Friday. The primary trend remains bullish above this level. Furthermore, the uptrend will likely resume if the price exceeds the immediate resistance level at $179.5. In this scenario, the next bullish target could be the $200.0 psychological level.
Please note that the bullish outlook should be invalidated if SOL/USD dips below $169.0.
SOLUSD
SOLUSDT | 1 DAY | SWING TRADING Hey friends!
I’ve put together a detailed analysis on Solana just for you. The harmonic pattern has completed, and we’ve already seen some strong buying from that exact zone. 📈
Now, I’ve got two targets for you:
🎯 Target 1: 170.00
🎯 Target 2: 219.00
🔴 STOP: 75,81
"Just a heads-up — since this is a swing trade, the target might take some time to hit. Good to keep that in mind."
Remember, the more love and likes I get from you, the more motivated I am to keep sharing these analyses. All I ask is for a simple like to show your support. 💙
Huge thanks to everyone supporting with their likes — I truly appreciate it!
#SOL/USDT#SOL
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it.
We are seeing a bounce from the lower boundary of the descending channel, this support is at 172.
We have a downtrend on the RSI indicator that is about to break and retest, which supports the upward trend.
We are looking for stability above the 100 moving average.
Entry price: 173
First target: 176
Second target: 180
Third target: 183
Very Bullish with a a clear Pullback incoming BINANCE:SOLUSDM2025
From the weekly chart we can clearly see that SOL has recovered quite nicely from the tariff scares the world markets have experienced in the last 2-3 months. We do have lowering Bullish volume over the last few weeks and we are approaching a weekly OB- (ICT Concepts) that was formed in the late February. I fully expect SOL price to spike into it, reverse for a good pullback to enter more longs and long term holdings and then continue higher from we clear $180.58 on the SOL/USD Binance chart 📈. Once that final level is cleared there is no stopping SOL until maybe the $250. If Bitcoin and the rest of the overall crypto markets remain Bullish for the rest of 2025 into January 2026 (seasonal tendency) SOL price could push to ALL Time Highs.
#SOL/USDT#SOL
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it.
We are seeing a bounce from the lower boundary of the descending channel, this support is at 144.
We have a downtrend on the RSI indicator that is about to break and retest, which supports the upward trend.
We are looking for stability above the 100 moving average.
Entry price: 149
First target: 153
Second target: 156
Third target: 161
HolderStat┆SOLUSD bullish channel points higherAfter a consolidation base, SOL launched into a growing ascending channel. As long as price respects the lower trendline, bullish momentum is expected to continue with a potential target near $170-180.
💡 Short-term pullbacks inside the channel may offer entries as bulls eye higher resistance zones.
DeGRAM | SOLUSD Held the $145 level📊 Technical Analysis
● SOL broke above the long-term descending resistance near $130 and held it on a retest, confirming a bullish reversal.
● A consolidative range between $145 support and $154 supply has formed; a decisive break above $154 targets the rising-channel top near $160.
💡 Fundamental Analysis
● SOL staking volume recently surpassed Ethereum’s, underlining robust on-chain yield demand.
● DeFi Development Corp filed to offer $1 billion in securities to boost SOL holdings, signaling institutional accumulation.
✨ Summary
Resistance-turned-support at $145, strong staking growth, and corporate demand support a short-term long bias: targets $154 → $160; invalidation below $140.
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Solana - Here Comes The Bullish Reversal!Solana ( CRYPTO:SOLUSD ) might head for new all time highs:
Click chart above to see the detailed analysis👆🏻
Just a couple of months ago, Solana perfectly retested the previous all time high and created an expected short term rejection. However, with the current major support area and a potential bullish reversal, Solana remains in a strong market, potentially heading for new all time highs.
Levels to watch: $120, $250
Keep your long term vision,
Philip (BasicTrading)
Solana Price Target: Expert Predicts $180–$200 BreakoutSolana Price Target: Expert Predicts $180–$200 BreakoutSolana (SOL), one of the most prominent blockchain platforms in the cryptocurrency market, has been on a tear recently, with its price rallying significantly. As of today, Solana’s bullish momentum has caught the attention of investors and analysts alike, with many predicting a breakout to the $180–$200 price range. This optimistic outlook comes on the back of strong technical indicators, increasing adoption, and improving fundamentals.
In this article, we’ll explore the key factors driving Solana’s price rally, analyze expert predictions, and assess whether SOL can sustain its upward trajectory to hit the $200 mark.
________________________________________
Solana’s Recent Rally: A Snapshot
Solana has seen a remarkable recovery in recent weeks, with its price climbing steadily after periods of consolidation and minor corrections. The blockchain platform, known for its high-speed transactions and low fees, is once again making waves as it captures investor interest.
Key Highlights of the Rally:
1. Price Momentum: Solana’s price surged by over 30% in the last week, breaking past key resistance levels and positioning itself for further gains.
2. High Trading Volumes: The rally has been accompanied by a significant increase in trading volumes, indicating strong market participation.
3. On-Chain Activity: Solana’s on-chain activity has also spiked, with rising transaction counts and growing usage of decentralized applications (dApps) on its network.
These developments underscore the growing confidence among investors and the sustained demand for Solana’s ecosystem.
________________________________________
What’s Driving Solana’s Price Surge?
The ongoing rally in Solana's price is being fueled by a combination of technical, fundamental, and macroeconomic factors. Let’s take a closer look at these drivers:
1. Strong Technical Indicators
Technical analysis suggests that Solana’s price is in a bullish breakout phase. Analysts have pointed to several key technical patterns that support the prediction of a move toward $200:
• Ascending Triangle Pattern: Solana’s price chart shows an ascending triangle formation, a bullish continuation pattern that typically signals a breakout to higher levels.
• Support and Resistance Levels: SOL recently broke through the $150 resistance level, which had previously acted as a key barrier. With this resistance now flipped into support, the path to $180–$200 becomes more feasible.
• Moving Averages: Solana’s price is trading well above its 50-day and 200-day moving averages, a classic bullish signal that indicates strong upward momentum.
2. Ecosystem Growth
Solana’s ecosystem has been expanding rapidly, with an increasing number of developers and projects choosing its blockchain for their applications. Key areas of growth include:
• DeFi Expansion: Solana has become a hub for decentralized finance (DeFi) projects, with platforms such as Raydium, Serum, and Marinade gaining traction.
• NFT Boom: The Solana blockchain has also emerged as a major player in the non-fungible token (NFT) space, hosting popular marketplaces like Magic Eden and SolSea.
• Gaming and Web3: Solana’s high-speed, low-cost infrastructure makes it an ideal platform for blockchain-based gaming and Web3 applications.
This growing ecosystem contributes to increased demand for SOL tokens, driving up their value.
3. Institutional Interest
Institutional investors have been steadily increasing their exposure to Solana. This trend is evident from the inflows into Solana-based investment products and the growing number of hedge funds and venture capital firms backing Solana projects.
Notably, Solana’s ability to process thousands of transactions per second at a fraction of the cost of Ethereum has made it an attractive alternative for institutional use cases.
4. Favorable Market Conditions
The broader cryptocurrency market has also been in a recovery phase, with Bitcoin, Ethereum, and other major cryptocurrencies rallying. This positive market sentiment has spilled over into Solana, amplifying its price gains.
Additionally, the macroeconomic environment—characterized by easing inflation concerns and renewed interest in risk assets—has created a conducive environment for cryptocurrencies to thrive.
________________________________________
Expert Predictions: $180–$200 Breakout
Several experts and analysts have weighed in on Solana’s price trajectory, with many predicting a move to $180–$200 in the near term. Here are some of the most notable predictions:
Technical Analysts See Bullish Patterns
Prominent cryptocurrency analysts have pointed to bullish technical patterns that suggest Solana could soon reach $200. For instance:
• Ascending Triangle Target: Based on the ascending triangle pattern, the measured move suggests a price target of $190–$200.
• Fibonacci Retracement Levels: Analysts using Fibonacci retracement levels have identified $180 and $200 as key levels of interest.
Institutional Analysts Eye $200
Institutional analysts have also expressed optimism about Solana’s price potential. A recent report by a leading investment firm highlighted the following factors supporting a $200 price target:
• Increasing adoption in the DeFi and NFT sectors.
• Strong developer activity on the Solana blockchain.
• Growing institutional inflows into Solana-based products.
Community Sentiment
The Solana community remains highly bullish, with many investors and enthusiasts sharing optimistic price targets on social media platforms. This positive sentiment often serves as a self-reinforcing mechanism, attracting more buyers and driving up the price.
________________________________________
Challenges and Risks
While the outlook for Solana appears promising, it’s important to consider the potential challenges and risks that could impact its price trajectory:
1. Competition from Ethereum and Layer-2 Solutions
Ethereum’s transition to Proof of Stake (PoS) and the rise of Layer-2 scaling solutions like Arbitrum and Optimism could pose challenges to Solana’s market share. These competitors are addressing scalability issues, reducing the competitive advantage that Solana has traditionally enjoyed.
2. Network Outages
Solana has faced criticism for network outages in the past, which have raised concerns about its reliability. Any future outages could undermine investor confidence and slow adoption.
3. Regulatory Uncertainty
The cryptocurrency market remains highly sensitive to regulatory developments. Unfavorable regulations targeting DeFi, NFTs, or blockchain technology could negatively impact Solana and the broader market.
4. Market Volatility
Cryptocurrencies are inherently volatile, and Solana is no exception. While the current rally is encouraging, sharp corrections are always a possibility, particularly if external factors such as macroeconomic events or market sentiment shift.
________________________________________
Can Solana Sustain Its Momentum?
For Solana to sustain its momentum and achieve the $200 price target, several factors need to align:
• Continued Ecosystem Growth: Solana must maintain its position as a leading platform for DeFi, NFTs, and Web3 applications. This requires ongoing innovation and developer support.
• Institutional Adoption: Increased participation from institutional investors will be critical to sustaining demand for SOL tokens.
• Positive Market Sentiment: The broader cryptocurrency market needs to remain in a bullish phase, providing a favorable backdrop for Solana’s price growth.
• Resolving Network Issues: Addressing concerns about network reliability and scalability will be key to maintaining investor confidence.
________________________________________
Conclusion
Solana’s recent rally and the expert predictions of a $180–$200 breakout highlight the growing confidence in its ecosystem and price potential. Driven by strong technical indicators, ecosystem expansion, institutional interest, and favorable market conditions, Solana appears well-positioned for further gains.
However, challenges such as competition, network reliability, regulatory risks, and market volatility remain. Investors should approach Solana with cautious optimism, balancing the bullish outlook with an awareness of the risks involved.
As Solana continues its upward trajectory, the $200 milestone could mark a significant achievement for the blockchain platform, solidifying its status as one of the leading players in the cryptocurrency space. Whether this rally leads to sustained growth or faces temporary setbacks, one thing is clear: Solana’s growing ecosystem and innovative technology make it a force to be reckoned with in the world of blockchain and decentralized applications.
SOL broke through the resistance line near $150CRYPTOCAP:SOL - wedge broken, bulls take control
Price broke out of the descending wedge (140-150 → 150-162) and closed above 150 USDT on higher volume - a break of the medium-term trend.
📌 Levels
- S1 150 ± 3 - retest zone, S2 140 - April base.
- R1 161.8 - March resistance, R2 179-180 - wedge height and supply zone target.
📈 Scenario
A consolidation > 161.8 activates a move to 180; if successful, a push to 195 is possible.
⚠️ Risks
Failure < 147 will bring price back inside the wedge with a chance of 140.
As long as 147-150 holds, priority long.
Solana SOL price analysisToday, a press release was published that CRYPTOCAP:SOL Strategies (aka MicroStrategy from the world of #Solana) bought another 122,524 CRYPTOCAP:SOL at $149
Earlier, the company said it would sell $500mn in convertible bonds, to buy #Solana, which capitalized now is at $74bn
Well, if you look at the OKX:SOLUSDT chart, we can say that it would be good to keep the price above $107-115, above the trendline, which has been going on since the beginning of 2023.
Once this condition is met, we can start dreaming again about the start of a super march of the #SOLUSD price to $790 in 2025.
_____________________
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SOLUSDT Reversal Brewing — Watch This Level or Get Wrecked!Yello Paradisers — Are you paying attention to #SOLUSDT? Because what’s forming right now isn’t just noise — it’s a high-probability reversal setup that could trap the late bulls or become the kind of move that sets the tone for the next few weeks. Either way, the next play is going to separate professionals from gamblers. Let’s talk.
💎#SOLUSDT has been printing textbook bearish price action for weeks — lower lows and lower highs on the major time frame. But something critical has just changed. A break in market structure has occurred, and we’ve now got a higher high. That’s your first probable signal that the tide may be turning. Now comes the most important test — can we form the higher low to confirm this shift?
💎What makes this setup even more interesting is that we’re not just seeing a random bounce. SOL is in the middle of potentially probable completing two major bullish reversal patterns — an inverse head and shoulders and a Quasimodo. The left shoulder and neckline are already locked in. The right shoulder? Still cooking. But here’s the thing — the previous resistance, which aligns perfectly with where the right shoulder could form, is lining up as a textbook retest zone. That means we could get the higher low right there, completing both patterns at once.
💎Right now, price is struggling against multi-timeframe resistance, and that’s exactly what we want. It increases the probability of a short-term pullback to the key zone — around 110.9 to 115 — before the real breakout happens. If that level holds, and we print a confirmed higher low, this whole setup becomes explosive.
💎First area of resistance sits at 153, but that’s just the appetizer. The main zone we’re looking at is 173 to 181. That’s the bigger move that this structure is potentially building toward. But let’s be clear — if SOLUSDT closes a candle below 110.9, the entire setup gets invalidated. That level is your line in the sand.
This is the kind of setup we live for — clean structure, clear invalidation, and serious upside potential. But don’t rush it. The market will reward the ones who wait, not those who chase. Let others panic. Let others fomo. You focus on execution.
Trade smart, Paradisers — and always remember, only a few will catch the real move. Be one of them.
MyCryptoParadise
iFeel the success🌴
SOL/USD AI Prediction!Apr 29, 2025 SOL/USD Trading Strategy
I use an AI-powered prediction tool to make daily crypto price forecasts — and I fully analyze the results! 📊
My goal? To develop a consistently profitable intraday trading strategy, month after month. 📈
Follow along to see real data, honest results, and how AI can transform short-term crypto trading! 🚀
Long Scenario
- Entry: 147.50 (confirmed if price holds above Supertrend 147.04 + MACD bullish).
- Stop-Loss: 146.50 (below Supertrend support).
- Take-Profit: 149.80 (near 150 resistance) & 152.50 (below 153 peak).
- Trailing Stop: 1.5x ATR (1.15 points) after breaching 149.
Short Scenario
- Entry: 146.50 (confirmed if price breaks Supertrend 147.04 + MACD bearish crossover).
- Stop-Loss: 147.50 (above Supertrend flip level).
- Take-Profit: 145.30 (below 145.45 panic low) & 139.80 (near 140 target).
- Trailing Stop: 1.5x ATR (1.15 points) after breaking 145.
Re-Evaluate Forecast If:
1. Price closes above 150 (bullish invalidation) or below 145 (bearish acceleration).
2. RSI crosses 70 (overbought) or drops below 40 (bearish momentum).
3. Supertrend flips direction or volume exceeds 20,000.
Confirmation Tools: Supertrend, MACD crossover, RSI trend.
Risk Note: Avoid overbought/oversold traps; adjust stops away from S/R. Disclaimer: This is not financial advice. Crypto markets are highly volatile and speculative. Always do your own research and consult a qualified financial advisor before investing. You could lose your entire investment.
MEGA MEGA MEGAPHONE - Insane Upside for Solana SOLUSD SOLUSDTMassive Megaphone setup identified.
Testing double resistance zone...if pass:
Target $420-800, in fast and short lived spike.
Target $1300-1500, in slow and steady...
Looks like either $2T Injection or/and Rate Cuts priced in and about to be announced.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations
SOLANA's massive 1W MA200 rebound hints to enormous rally ahead.Solana (SOLUSD) made a very strong rebound on its 1W MA200 (orange trend-line) on the very first week of April. Now that the month is about to close, it has already completed three straight green 1W candles and is aiming for the critical 1W MA50 (blue trend-line) test.
If broken, we expect it to turn into a long-term Support again and target the Higher Highs of the Wedge at $350. After all, the 1W MA200 rebound also made contact on the 2-year Higher Lows trend-line of the Bull Cycle, so technically it is a massive Bottom cluster. The 1W RSI also broke above its MA last week, confirmed the buying pressure.
Given that the recent 3-month correction was -67.23%, identical to the last correction (May 2021) of the previous Cycle, we expect one final rally to the 2.0 Fibonacci extension at $900, if the Higher Highs trend-line breaks.
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💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
SOL/USDT 1H: Distribution Phase – Short Setup Below $150SOL/USDT 1H: Distribution Phase – Short Setup Below $150
🚀 Follow me on TradingView if you respect our charts! 📈 Daily updates!
Current Market Conditions (Confidence Level: 8/10):
Price at $148.45, showing neutral-bearish structure after rejection at previous candle high (PCH).
Hidden bearish divergence visible on RSI, signaling potential downside continuation.
Market Makers actively distributing within premium zone ($152 – $154).
Trade Setup (Short Bias):
Entry: $148.40 – $148.60 range.
Targets:
T1: $146.20
T2: $144.80
Stop Loss: $150.20 (above PCH and resistance zone).
Risk Score:
7/10 – Strong rejection at $150.00 – $150.50 resistance supports setup, but minor bounce risk due to oversold RSI.
Key Observations:
Resistance cluster confirmed at $150.00 – $150.50.
Volume profile supports bearish continuation, with recent breakdowns in market structure.
Smart Money likely positioned short after multiple liquidity sweeps at highs.
Distribution signals align with hidden bearish divergence on RSI.
Recommendation:
Short positions favored within entry zone with stop above $150.20.
Consider scaling profits at $146.20 and $144.80 to maximize reward.
Monitor price action around $146.20 for potential absorption or stronger breakdown.
🚀 Follow me on TradingView if you respect our charts! 📈 Daily updates!
Solana | BULLISH ON SOL | SOL Dominates Blockchain RevenueEven with a dip in activity particularly around memecoins, Solana has managed to hold its ground impressively when it comes to generating revenue.
While you might think fewer transactions would automatically mean less money coming in, Solana's performance shows otherwise. This ability points to the solid value being created by the different applications and uses on the network right now.
A big reason for this financial resilience is the continued strength of dApps on Solana. These apps have been really effective at bringing in fees and adding value to the network. It seems that while the hype around certain speculative tokens has died down significantly, the core utility and economic activity within Solana's dApps are still going strong. This shift towards more fundamental uses for generating revenue is a really positive sign for how the network can keep growing in the long run.
Looking ahead the future for SOL is bright imo as more projects are linking Artificial Intelligence with Solana, taking advantage of its speed and low costs to build new things. Plus, the introduction of Solana ETFs in Canada is a big step.
Other Solana-based alts including Official Trump (TRUMP), Jupiter (JUP), Raydium (RAY), and Bonk (BONK), have followed SOL with good price increases.
It seems like the focus is shifting towards building more lasting and useful applications. With ongoing support for developers and increasing interest from the traditional financial world, Solana seems well-positioned to handle market ups and downs and keep finding new ways to create value in the future. I'll definitely be watching to accumulate for the long-term.
______________________________
BINANCE:SOLUSDT
Why Solana (SOL) might correct to the $75–$85 range?Let’s break down why Solana (SOL) might correct to the $75–$85 range, considering fundamental factors, news, events, technical analysis, Coinbase orders, and on-chain activity.
Fundamental Factors
Solana is a high-performance blockchain known for its speed and low fees. However, in 2024–2025, it faces several challenges that could impact its price. One of these challenges is the phenomenon of meme tokens, often referred to as the " Meme Casino ," which has become a significant part of Solana’s ecosystem.
1. Decline in DeFi, NFT, and Meme Token Activity
Solana has been widely used for DeFi and NFT projects and has established itself as the leading blockchain for meme tokens. However, in 2024–2025, these sectors are experiencing a downturn. For instance, NFT trading volume and DeFi activity on Solana have significantly dropped compared to their peak levels in 2021–2022. Interest in meme tokens like BONK, which temporarily boosted demand for SOL, may also fade due to the volatility of this market. This reduces the demand for SOL tokens for transactions within the ecosystem, putting downward pressure on the price and diminishing the token’s fundamental value.
2. Competition from Other Blockchains
Solana competes with networks like Ethereum (following the Ethereum 2.0 upgrade and the introduction of sharding), Arbitrum, Optimism, and newer players such as Sui and Aptos. These blockchains also offer high performance and low fees, potentially drawing developers and users away from Solana and reducing interest in SOL.
3. Regulatory Risks
In 2024–2025, regulators worldwide, particularly in the U.S., are tightening control over cryptocurrencies. Meme tokens, which drive a significant portion of Solana’s activity, are often associated with scams. I believe that 99.999% of meme tokens are scam coins, and this could lead to regulatory actions that harm the meme sector on Solana. Since Solana heavily relies on this sector, the price of SOL could plummet to levels like $2–$11.
4. Declining Interest in Meme Tokens on Solana
In 2023–2024, meme tokens like BONK temporarily increased Solana’s popularity and demand for SOL. However, in 2025, this hype may fade, as the meme token market is prone to sharp rises and falls. This could reduce network activity and, consequently, the price of SOL. In other words, "the music is slowly fading."
Technical Analysis
On the provided SOL/USDC chart (5-day timeframe), several key points support the idea of a correction to the $75–$85 range:
➖ Volume Profile
On the right side of the chart, the volume profile shows a significant trading volume (a thick zone) in the $75–$85 range. This indicates strong support, making it a likely area for the price to return to due to high liquidity.
➖ Trend Structure
The chart shows signs of a slowing uptrend: shorter upward impulses and increasing volatility (short candles with long wicks). This could signal a reversal or the start of a correction.
➖ Correction Target: $75–$85 Zone ("Coinbase Orders")
The $75–$85 range, marked as "Coinbase orders," is a support zone with limit buy orders. For example, on Coinbase alone, there are orders for 44,419 SOL worth $3,553,520. Similar orders may exist on other exchanges like Binance, Kraken, OKX, and others, creating a strong demand zone.
➖ Hyperliquid Liquidation Map
According to the Hyperliquid Liquidation Map, the $75–$85 range contains liquidation levels for long traders. A drop to this level could trigger a cascade of liquidations, intensifying the downward move but also attracting buyers looking for an entry point.
What Event Could Trigger a Correction?
An expected correction in Bitcoin to the $70,000–$76,000 range could act as a trigger for Solana and other cryptocurrencies to fall, as the altcoin market often follows BTC.
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I believe this will be the last corrective bounce for cryptocurrencies, synchronized with a bounce in the S&P 500. After that, I expect all markets to enter a deep decline.
🤔🤔🤔
Support around 148.18 is important
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Have a nice day today.
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(SOLUSDT 1D chart)
The OBV Line indicator on the 1M chart is formed at the 148.18 point.
Therefore, the key is whether it can be supported around 148.18 and rise above the M-Signal indicator on the 1W chart.
If not, and it falls, you should check whether it is supported near the M-Signal indicator on the 1M chart.
-
Since the M-Signal indicators of the 1D, 1W, and 1M charts are converging, I think the current location is an important support and resistance zone.
-
If it continues to rise, there is a possibility that it will touch the HA-High indicator point of the 1D chart, which is around 225.0.
However, since the HA-High indicator of the 1M chart is formed at the 179.74 point, we need to see if it can break through this area upward.
-
Since the StochRSI indicator is in the overbought zone, even if it rises further, it will eventually show a downward trend.
We need to create a response strategy by keeping this in mind.
In other words, we need to check whether the price is maintained above the M-Signal indicator of the 1D chart or above the M-Signal indicator of the 1W chart and create a response strategy.
-
Thank you for reading to the end.
I hope you have a successful transaction.
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- Explanation of the big picture.
I used TradingView's INDEX chart to check the entire range of BTC.
I rewrote it to update the previous chart by touching the Fibonacci ratio range of 1.902 (101875.70) ~ 2 (106275.10).
(Previous BTCUSD 12M chart)
Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015.
In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend.
Accordingly, the upward trend is expected to continue until 2025.
-
(Current BTCUSD 12M chart)
Based on the currently written Fibonacci ratio, it is displayed up to 3.618 (178910.15).
It is expected that it will not fall again below the Fibonacci ratio of 0.618 (44234.54).
(BTCUSDT 12M chart)
Based on the BTCUSDT chart, I think it is around 42283.58.
-
I will explain it again with the BTCUSD chart.
The Fibonacci ratio ranges marked in the green boxes, 1.902 (101875.70) ~ 2 (106275.10) and 3 (151166.97) ~ 3.14 (157451.83), are expected to be important support and resistance ranges.
In other words, it seems likely that they will act as volume profile ranges.
Therefore, in order to break through these ranges upward, I think the point to watch is whether they can receive support and rise near the Fibonacci ratios of 1.618 (89126.41) and 2.618 (134018.28).
Therefore, the maximum rising range in 2025 is expected to be the 3 (151166.97) ~ 3.14 (157451.83) range.
In order to do that, we need to see if it is supported and rises near 2.618 (134018.28).
If it falls after the bull market in 2025, we don't know how far it will fall, but based on the previous decline, we expect it to fall by about -60% to -70%.
Therefore, if it starts to fall near the Fibonacci ratio 3.14 (157451.83), it seems likely that it will fall to around Fibonacci 0.618 (44234.54).
I will explain more details when the bear market starts.
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$SOL one more leg lower to $64-80Even though CRYPTOCAP:SOL has bounced nearly 50% from the bottom, the fall isn't over yet.
If we look at the chart, we can see that Solana has only fallen 4/5 waves down and it's the last leg down that will be painful for most.
Everyone is long again calling for new highs, yet the chart is still bearish.
I think it's likely that price retraces from around this level and falls down to the lower supports at $64-80.
Once we hit that region, it'll setup a good trade for the long term.