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SOLUSD

Solana - IMPORTANT Support Zone will be TESTEDHi Traders, Investors and Speculators of Charts Solana is frequently trending due to steep fees of ETH. Even after a large increase, there is still great upside potential for the future. However, for the short term, a retets of a prominent support zone is likely after a near parabolic increase on SOL. SOLUSDT is one of the altcoins I was watching for 2024 Altseason, as per previous posts in early January. ✅ 👉 Technical Indicator SHORT TERM is overbought indicating a correction is overdue 👉 Support zone at $153 is critical to hold 👉 Daily candles need to keep closing ABOVE this zone to avoid a potential H&S pattern. Overbought indicates a correction is overdue: If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 KUCOIN:SOLUSDT
Short
by CryptoCheck-
1
$SOL Market Cap Long to $500B - '21 $ETH vs '24 $SOL2021 CRYPTOCAP:ETH VS 2024 CRYPTOCAP:SOL from: 10B Market Cap to: 500B Market Cap enjoy the ride, the cycle is young ✨ #SOLANA ⚡️ --- this is a study on fractals and market cycles. I have studied this '20-'21 ETH fractal in comparison with the '23-'24 CRYPTOCAP:SOL chart in great depth going back 2 years to when SOL was $8. ---REFERENCE my prior publishings to learn more. links to some of them are BELOW! GL HF NFA <3 TLDR - CRYPTOCAP:SOL is going to give CRYPTOCAP:ETH a run for its money. Enjoy the show. Been in since $8 and still just as bullish as before. -@CryptoCurb
CRYPTOCAP:SOLLong
by CryptoCurb
2
Cryptolean Solana SOL Update In the daily chart, Solana found a support at $167. A daily candle closure above $186 will push Solana price towards the key Cryptolean resistance zone of $202-$209 and, possibly, higher. An inability to sustain the price action above $167 will result in price declining towards $144-$151 the key daily support. Intraday Chart The intraday chart of #SOLUSDT is neutral. A bullish rejection of $168 will push #Solana price towards $194, however to become bullish again, SOL has to break it to the upside and sustain price action above this level. An inability to hold price above $168 could result in a bearish move to $154 support and, possibly, lower to $126-$138.
by Trade-Lean
When will bullish trend of Solana end ?(Price and time analysis)Hello everyone, I hope you're all doing well. It seems that SOL has completed five waves and is now likely to undergo a corrective wave of three. Negative divergence between waves 4 and 5 in RSI or MACD is often a sign of the end of wave 5. Keep in mind that both FVGs have filled out the weekly important points. I don't recommend taking positions, but if you intend to, remember to manage your capital and risk properly without forgetting about rewards. (Because Solana is very Savage.) Time analysis: In the Solana dominance chart, two days are significant: - Today, which we witnessed the decline, and the next day, Thursday, March 28th, where there's a possibility of significant media news within this time frame, such as the sale of assets by the FTX exchange. - The last day is April 13th. In summary, be cautious with your positions over these 25 days. P.S : The SOL.D chart is for yesterday. I suggest you thoroughly read the analyses linked below: USDT.D BTC.D BTCUSDT I'd be happy to share your opinion with me. Your likes, follows, and comments give me energy. The RSI indicator also suggests a complete cycle. After starting from a small uptrend channel, it's currently completing an Elliott Wave cycle. ....
Short
by Sadegh_Sh
12
Rallying Regardless of Bitcoin's DipSOL is demonstrating remarkable resilience in the current market, consistently trending upwards despite Bitcoin's recent volatility. The latest hour shows SOL trading at $202, marking a solid upward movement with an impressive last day change of over 11%. The technicals paint a bullish picture with both MACD and RSI indicating strong momentum. The MACD histogram is positive, and the MACD line is above the signal line, suggesting continued bullish momentum. The RSI is not yet in the overbought territory, indicating there may still be room for upward price movement before encountering the typical reversal zone. We should take note of the upper Bollinger Band, which SOL is currently testing. This is often seen as a potential resistance area. If SOL can break through this, we might see continued upward movement, but a rejection could lead to a short-term pullback as indicated on the chart. Volume remains robust, reinforcing the strength of the current price trend. The 1-hour chart showcases SOL’s potential to establish new support levels if the rally sustains. We should monitor for any signs of a breakthrough or rejection at the upper Bollinger Band and the static resistance level for potential entries or exits. This solid performance of SOL/USDT, especially its decoupling from Bitcoin's downtrend, underlines the unique market dynamics that individual cryptocurrencies can exhibit. While Bitcoin often influences the broader market, SOL's current trajectory showcases how strong fundamentals or project-specific news can drive independent price action. Enjoyed the analysis? Don’t forget to hit like, drop a comment with your thoughts, and share it with your friends.
by MonoCoinSignal
7
SOL Solana Trade IdeaSOL Solana is clearly trending bullish as we can see on the 4 hour time frame with consecutive higher highs and higher lows. We look for an entry on the Fibonacci retrace down into the 50 to the 61.8% level. We can see support on a previous high to the left of the current price swing which could provide support for an entry point. Target one is the current price swing high take partial profits and move stop loss to break even, target two would be a measured move above the current price swing. This analysis is for educational purposes only and not financial advice. Always trade with a solid risk management plan.
Long
by fxtraderanthony
1
SOL - Back UpSo we had some weeks of consolidation and different movements within and around some important levels for COINBASE:SOLUSD . Let's consider the whole run up a adjustment towards a mean after a event driven downtrend since FTX. With Solana Ecosystem proving itself as a contender among Smart Contract Platforms, more and more investors and traders wake up to the fact that Solana is indeed here to stay for this cycle. They all need to make a decision to either get allocated or fade and find other outperformers. Here is the rundown: Main Level to observe in this chart is the Yearly Open for 2024, (≈101.70). Obviously price was trading around this level since peaking in Dec 2023. Other levels on the way up are 107 and 112, marked in light colour. All above 125 to140 can be seen as critical area, as Price was rejected from it and it has a historical resistance in 2021/22 before the downtrend. Marked in blue circle is the clean retest of the current 50% level for 2024. If 4H trend and Daily trend remain healthy we can see more upside till the critical area.
COINBASE:SOLUSDLong
by zymmetric
Solana UP 87% - ALTSEASON upon us!📉Hi Traders, Investors and Speculators of Charts📈 Solana is up 87% in the past few weeks, and it's one of the altcoins that have seen the best gains in a 24h time frame. This is usually a good time to secure some profits. I've been bullish on Solana and other altcoins for 2024, find the other alts I am watching here: From here, I expect micro cap coins to start making their rallies. ARE YOU PREPARED FOR ALTSEASON 2024? If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck KUCOIN:SOLUSDT
Long
by CryptoCheck-
1
Solana's 2020-23: Akin to Ethereum 2017-21, Eyes New ATHWhen we take a closer look at Solana's recent history, it's hard not to draw comparisons to Ethereum's past. The price movements seem eerily similar, and it feels like we're at a pivotal point, much like where Ethereum once found itself. With this in mind, many in the crypto Twitter and TradingView are brimming with excitement, believing that Solana might just be gearing up for a remarkable journey towards a new all-time high in 2024. 💬 Your thoughts on this? I would love to hear your insights in the comments below!
CRYPTO:SOLUSDLong
by ArShevelev
13
Tea is good for the SOLGrab your favorite cup. Put a pot of water on the range. Non decaffeinated will help control the jitters. Id suggest earl gray or chamomile. Drew this one out after the cup formed. Cup and handle. C+H. Tea time. Measured move would be the depth of the cup. These situations usually play out to the 3.618 extension to the minimum. Fib extensions pulled from top to bottom and from cup neckline to base. both sets of fibs will offer insight into the price action to come. Don't sleep on this chart if you are looking for alt coins to rotate into. NFA Do Your Own DD
COINBASE:SOLUSDLong
by BallsOfSteel32
SOLANA Holding up extremely well. Inverse Head & Shoulders v BTCWith this slight pre halving dip. And look at this chart it has formed vs #Bitcoin Using our log based target for #BTC of $143.9k We can project how high #SOL COULD possibly go. Similar patterns have formed v ETH & USD has already highlighted. ***** ----------------- ********* These are just mere mental frameworks of a POTENTIAL price roadmap. Imagine not having a roadmap... and someone was to cash out $500 ... went on a long vacation Only to see the Sol price trading at $1800... with "Analysts" & influencers calling for $5K Creating FOMO and going back into the market only to watch it top at $2400 and then proceeding to ride it back down to triple digits!!! Your initial profit taking at $500 may only be worth $250 before you come to your senses and run for the hills with what you have left.. still a good win if you got in low enough ... but you would probably be emotionally scarred for the next few years! Enjoy this dip We still got some time left in this bull market obviously But time is not on our side and you should have already laid out your exit plans.
COINBASE:SOLUSDLong
by BallaJi
Technicals Show SOL Investors Are at a CrossroadsIn the fast-paced world of cryptocurrency trading, BINANCE:SOLUSDT has been capturing the attention of traders on the 4-hour chart with its notable price actions and technical indicators suggesting a complex interplay of bullish and bearish sentiments. A critical examination of the 9 EMA (Exponential Moving Average) indicates a gradual decrease from $185.97 to $183.94, suggesting that short-term momentum has been losing steam, albeit slightly. Meanwhile, the 20 EMA has seen a consistent uptrend from $176.41 to $178.40, hinting at a stronger underlying bullish sentiment over the medium term. This divergence between the 9 and 20 EMA can often indicate potential for future volatility as the market decides on a direction. The MACD (Moving Average Convergence Divergence) values provide further insight into the market's sentiment. Initially, the MACD showed a bullish signal with a histogram value of 1.68, but this sentiment weakened over time, eventually turning bearish as indicated by the latest histogram value of -0.94. This transition suggests a shift in momentum that could lead to potential selling pressure or at least a consolidation in the near term. The RSI (Relative Strength Index) readings have also offered a roller-coaster perspective, starting at a highly overbought level of 76.41 and descending to a more neutral stance of 55.76. This decrease in RSI points towards a cooling off of buying pressure, potentially opening the door for bears to take a short-term advantage. When considering potential movements, traders should eye the support levels at $176.72, $159.30, and $141.17. These levels could serve as crucial junctures for SOL, where bulls might attempt to mount a defense against further declines. A bounce from these supports, especially if accompanied by increasing volumes and positive MACD and RSI shifts, could offer lucrative long entry points. Conversely, a break below these supports could validate short trade setups, aiming for lower price targets as the market sentiment sours. The current technical analysis of the Solana price paints a picture of a market at a crossroads, with various indicators suggesting a tug-of-war between bulls and bears. Traders should keep a close eye on the mentioned support levels, along with the evolving MACD and RSI readings, to gauge potential entry and exit points for both long and short positions. As always, it's imperative for traders to approach the market with caution and conduct their own research.
by StevenWalgenbach
Cryptolean Solana SOL UpdateSolana dipped to below the key daily resistance zone of $144-$151 however it is back into the narrow daily range, where it has been consolidating for the last 4 days. A daily candle closure above $151 will push Solana price towards $167 and higher. An inability to sustain the price action above $144 will result in price declining towards $126, the key daily support. Intraday Chart After a quick dip earlier today, the SOLUSD intraday (4-Hour) chart is back into the bullish territory. A bullish breakout of $152.6 resistance and a sustained price action above it in the 4-Hour chart will push #Solana price towards $164-$173. An inability to sustain the price action above $143 could result in a slow bearish move to $134 and, possibly, lower to the key intraday support of $124,56 A dip to either $143 and a strong bullish rejection of this level will push price to $164-$173. I will be closely watching price action with this level, as a bullish rejection could offer a long opportunity. The SOLUSD chart is holding strong and consolidating in a narrow range which is totally normal after last days bullish extension. Once Satoshi price in BNBBTC chart will find a support and reverse, the Dollar price in BNBUSD chart will extend higher. Like once read! Thank you.
by Trade-Lean
6
Solana (SOL) Faces Resistance at $190: Sell or Hold?SOL is currently grappling with resistance at $190. This price point presents a key decision point for traders and investors, with the potential for both profit-taking and further gains. Breakout Potential: A breakout is on the horizon. If SOL can decisively overcome the $190 hurdle, it could pave the way for a surge toward $400, another historical resistance level. Downside Risks Remain: The possibility of a pullback cannot be ignored. If SOL fails to breach the $190 resistance, a decline toward $155 or even lower is a potential outcome.
by Z4F4R
SOLUSD You were warned about it. 1st ever 1W Golden Cross formedSolana (SOLUSD) broke above its former Channel Up as we explained on our last bullish call (December 08 2023, see chart below) and hit last week our 144.000 Target: Right now it is best to take a step back and view SOL's price action on the 1W time-frame, where the clear long-term trend is revealed, and that's bullish within a Channel Up pattern. The Fibonacci Channel levels reveal that it is still in its early stages within the 0.236 - 0.382 Fibonacci range. On top of that, it just formed its first ever 1W Golden Cross! This is an incredibly bullish pattern and we expect the whole bull run to peak at atleast +5150% from the market bottom just as the November 2021 Top did. As a result, our Target is $4000. Note that every pull-back inside the 1W CCI green zone, is a long-term buy opportunity. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:SOLUSDLong
by TradingShot
23