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SOLUSD

Solana (SOL) back to 218$ ?Hi everybody, Our CTT (Coinlion Trend Trader) indicator told us to enter long on SOL at 20.30 in September (09/30) And told us already to take some profit at 24, 32 and 65. He is currently around 73 and we can see a strong resistance. If Sol can break the ascending channel we have since january 2023, he could come back to 218$ that he reached in dec 2021. But first he will have a great resistance around 144$. What do you think? Please click LIKE button and Appreciate my work. Coinlion Trend Trader indicator tells me - When to enter short or long - When to exit and take profit :-) If you want it or my SL indicator or My Liquidity Support and Resistance Indicator, let me know. Thank you. Just for you to know the results of CTT since January 2023. I can provide the charts if you want to. 1) Solana : 1800% Growth 2) ETH : 123% Growth
BITFINEX:SOLUSDLong
by Coinlion_TT
SOLANA Close to breaking above the 1-year Channel Up.Solana (SOLUSD) made a bulls eye on our $65.00 July 27 target (see chart below) and is now attempting a critical break-out: More specifically is it the second time it makes a marginal breach at the top (Higher Highs trend-line) of the 1-year Channel Up. The 1D MA50 (blue trend-line) has been in absolute Support during October - November's parabolic run. Technically if SOL does close the candle above the Channel Up, it opens the way for a 144.00 Resistance 1 (April 02 2022 High) test, as long as the 1D MA100 (green trend-line) supports. However it has to pointed out that this is the first time on a Channel Up top that the 1D RSI's Lower Highs are flashing a Bearish Divergence. DUring the other two tops, it was alighed with the Lower Highs of the price. ------------------------------------------------------------------------------- ** 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
2
SOL - 4H bearish in the trading rangeSOL Coin Analysis: We're seeing signs of a potential drop to the bottom of the trading range for Solana coin, leading to a consolidation zone. The upward price action is less convincing than the downward movements, and Solana coin has shown resistance zone reactions. Additionally, the RSI divergence in the 4-hour timeframe further indicates a likely fall in SOL's price. Therefore, we expect a descent to at least the lower boundary of the trading range.
Short
by Sober_Trading
1
Potential Breakout for Solana with Favorable IndicatorsI wanted to bring your attention to an exciting opportunity in the cryptocurrency market, specifically regarding Solana (SOL). Based on recent market analysis, it appears that SOL is poised for a potential breakout. Several key indicators suggest a favorable outlook for SOL's price movement. Firstly, the Relative Strength Index (RSI) is currently in a neutral position, indicating that the cryptocurrency is not overbought or oversold. This suggests a balanced market sentiment and potential room for upward movement. Additionally, the Commodity Channel Index (CCI) is in the upper band, further reinforcing the positive outlook for SOL. This indicates that SOL's price is trending higher than the average price over a given period, signaling potential bullish momentum. Furthermore, the moving average combination displays a buy signal for SOL. This combination of moving averages is widely regarded as a reliable indicator for determining market trends. In this case, the moving average combination indicates a potential upward movement for SOL's price. Considering these indicators, it is reasonable to conclude that SOL is presenting a compelling opportunity for investors. The combination of a neutral RSI, CCI in the upper band, and a buy signal from the moving average combo suggests a potential breakout shortly. I wanted to share this information with you, as I believe it could be of interest to you and align with your investment strategy. However, I encourage you to conduct your research and consult with your financial advisor before making any investment decisions. Should you have any questions or require further information, please do not hesitate to comment away. I am here to assist you.
Long
by bryandowningqln
Sol SidewaysIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! Sol Asylum update Been tracking pretty well. Sill in from 54.80 Taken some off here in case this is the sideways I have been watching. If BTC/ETH retrace here, this may follow. If the pump is real, this could go, I'm in. Planning ahead in case it retraces. All on how BTC acts from here though, im thinking.
Long
by CryptoKnee
SOLANA FOUNDER ANATOLY YAKOVENKO ADVOCATE FOR BLOCKCHAIN HARMONYSOLANA FOUNDER ANATOLY YAKOVENKO ADVOCATES FOR BLOCKCHAIN HARMONY, REJECTS “ETH KILLER” LABEL Solana founder Anatoly Yakovenko has publicly criticized the “ETH Killer” narrative, advocating against the idea of Solana and other emerging blockchain technologies being direct competitors to Ethereum. Yakovenko emphasizes the importance of collaboration and coexistence in the blockchain space, arguing that different platforms like Solana and Ethereum can thrive simultaneously without undermining each other. In a recent development that has caught the attention of the cryptocurrency community, Solana founder Anatoly Yakovenko has taken a firm stand against the divisive narrative that pits emerging blockchain protocols against Ethereum, often labeled as “ETH killers.” The term has been frequently used in the crypto space to describe newer blockchain technologies like Solana (SOL), which are seen as potential rivals to Ethereum (ETH). Yakovenko’s statements came through a post on the X app, where he addressed the public and the crypto community at large. He emphasized the detrimental effects of sparking a so-called cold war between Ethereum and other protocols. According to Yakovenko, such narratives do more harm than good, undermining the collective progress of the blockchain ecosystem.
COINBASE:SOLUSDLong
by henryartem
SOLUSD Next Leg UpSolona been ripping, last ATH was around $250ish, retraced a little over 95% due to the retracement. Some considered it was a dead project as some of the FUD(SBF, Broken chain, VC etc...) and the retracement. However.... I don't think this mofo is done. The price movement has outcompeted all of the top 20 MRKTCAP. $70 is resistance and the new consolidation levels if broken, seems to want to reclaim that $250 mark sooner than later. The trend lines are point up, the FA is impenetrable at this point as alot of it is silence and a product just gets released. Risk is low given the potential upside....... $250 will be chump change if the price action continues. "Maybe this honey badger isn't my wife." -k3wLk47
COINBASE:SOLUSDLong
by kewlkat
SOLANA: NOV 29: BULLISH SIGNS IN LOCAL PAIt's pretty simple. Local range high is about to be flipped. I have re-entered the trade after reclaiming the mid-range. Targets are 63 and 68. I'm not ruling out higher. A shift in structure has occurred. A higher low has been established, and naturally I expect the price to take out the highs, at least. I will let it ride unless the previous EQ highs (59.63 - 59.83) are lost. In that case, I will take profit and manually close. Good luck!
Long
by Trader_Nebula
SOLANA: Price could attempt a rally here The price swiftly rebounded from the 54.50 level and is currently on an upward trajectory. If it successfully surpasses the 56.60-80 range and retraces to test the triangle, there is potential for a substantial rally, possibly reaching 59 or even 62. On the other hand, there is the possibility of the price staying confined within the triangle. In the event of a correction, it is advisable to await a favorable entry point in the 50-51 range.
COINBASE:SOLUSDLong
by RF_Trading
SOL - Solana BUY and SELL TargetsHi Traders, Investors and Speculators of Charts📈📉 As you know, we're trading in the opening moments of a new bullish cycle. If you're trading Solana, this is the ONLY PLAN you need. In this analysis: 📢 Short Term Targets / highs and lows 📢 Near Term Targets / highs and lows 📢 Longer Term Targets / highs and lows 📢 Technical Indicator, short and near term 📢 Fractal / percentage increase to dump analysis It's important to note that any cycle takes months to complete, sometimes even stretching over a year. Keeping this in mind helps you set realistic timeframe-goals for price targets. 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 👍 We thank you for your support ! CryptoCheck
Long
by CryptoCheck-
16
SOL Solana Price TargetIf you haven`t sold SOL here: Then you need to know that Binance, along with its CEO 'CZ,' has confessed to federal charges and committed to settling fines amounting to $4.3 billion. The crypto exchange “admits it engaged in anti-money laundering, unlicensed money transmitting and sanctions violations"! The question arises: from where will these substantial funds be derived? One possible source is Binance's Proof-Of-Reserves, which reportedly exceeds 100%. Among the tokens impacted is SOL Solana. I've set a short-term price target for SOL Solana at $30. Looking forward to read your opinion about it!
Short
by TopgOptions
Updated SP500 Analysis. FORECASTS REMAINS UNCHANGEDHas Elliott Wave Lost Its Forecasting Accuracy? I cannot recall the exact setting, but many years ago I was asked this specific question… ” …as the number of practitioners of Elliott Wave Theory grows due to its popularity, won’t more people be trading these wave patterns and in doing so, somehow skew the theory’s efficacy”? It’s a great question. One in which I think requires a more nuanced, rather than simple answer. Forecasting markets using Elliott Wave Theory (EWT) is only as accurate as the practitioner. With respect to EWT, if one could consider being in a renaissance of sorts, I would say, now is that time, because of the increase in practitioners . Since R.N. Elliott’s final published work, Nature's Law –The Secret of the Universe published in June, 1946 several individuals have contributed to the theory in incremental ways. However, this article is not about the history of Elliott Wave theory, but a thought experiment in the continued efficacy of what I would consider to be the only effective and comprehensive analytical tool that describes the price movements of markets. If there is one phrase, I have used over the years to explain short term pattern ambiguity it would be… “Nothing clears up the current price action, like more price action”. Meaning, at times, an objective practitioner of EWT can decipher a pattern in different ways, and what will deem the current pattern, optimal , will be the price action that follows. This is the primary reason I include alternative counts within all my published work. However, I am a purist in the pursuit of arriving at a truth. Using EWT, I find the truth mostly has two potential outcomes, and only the price action that follows will lean more so towards one, rather than the other. That is why I believe that when one shares their work with the public, (like here on Trading View) it should be their own work, and not a concoction of other people’s work posted on the Internet, and peddled as one’s own. As a trader, I think there are no rules that govern the pursuit of profit. As an analyst, I believe when sharing an analytical forecast, it should be the work of the one posting. Explaining how I determine some people are posting analysis that is an aggregation of other public postings is of less importance than remaining on topic in relation to the efficacy of EWT in forecasting. Last year, I was rated the top author on Solana, a crypto currency. I no longer share my analysis on Solana with the public. However, a quick search of current analysis on Solana yields ideas that lack context, or make bold predictions, that I can say are not based on a rules-based forecasting tool like EWT. This is one method I use to discern the analysis is either not their own, or is not worthy of using hard earned money to get behind. Solana, as a chart falls into the category of having one primary analytical thesis, and an alternate for me. Ironically, in this case, they both point higher towards triple digits. I see nothing posted on Solana here that contains the context of why prices have moved higher and where they will go over the very long term. Additionally, there is nothing contained with the Solana chart that tells me new lows are option to be considered. Yet, some with say that is precisely where that crypto currency is headed. I often wonder when substandard analysis is shared with the public does it change the optimal pathway of correct analysis. It's impossible to know for sure. However, it seems reasonable to think that the longer-term targets would not change, but the smaller timeframe sub-divisions might. This may lead to more short term complex patterns, but in the grand scheme of things, the efficacy of EWT I do not think is harmed. Traders who follow EWT analysis may find mixed results. That is why if you follow anyone else's analysis on the Internet, make sure they are providing details, context, the nuance behind what could happen, versus shallow context and a lack of a well thought out thesis. It is possible, you're reading someone's else's work, interpreted and passed off as their own. This leads me to my updated analysis on the SP500. My last post on the SPX futures was on October 28 which was one day after the market bottomed. The purple pathway I deemed low probability. In retrospect, this is precisely what has played out. However, now that price has rallied swiftly higher, I have to consider yet another possibility. The blue count in the chart above. As of this morning, both my primary black, and first alternative count, has the index in a c wave lower towards the lower 3,000 area. Black subdivides more so than purple, but they ultimately arrive in the same area. The blue count requires some explanation and the context to warn followers of this sort of price action will play out. Regardless of my primary, first or second alternate counts, a retrace should begin soon. In the case of black and purple, those retraces turn into impulsive patterns towards my target. However, in the case of the blue second alternative, that retrace will take the form of a 3-wave pattern, but ultimately reconcile higher. This resulting higher price action can be for a new high in primary B, or an even higher high resulting in new all-time highs, as v of 5 of Supercycle wave (III). The interesting aspect of either of those moves higher results in an ending diagonal by virtue of overlap that occurred on October 27th 2023. THIS WILL RESULT IN A MARKET CRASH SCENARIO. Price will return to their point of origination, which in the case of a new primary B wave high, that price originated at 3502 in October of 2022. In the case of new all-time highs for wave (III) in the super cycle degree, that is the Covid-19 bottom at 2191, which occurred in March 2020. Therefore, I'll conclude by saying that we should all expect a retrace lower to start as early as next week. To what extent, will determine the direction of the SP500 into the first half of 2024. Is there a possibility of the index making a new high? Current price action suggests I cannot rule that out...but so far, (Even this very impressive November 2023 rally) leads me to believe anything has occurred to make me change my original forecast of 3200-3300 in the SPX Futures. If we do decide to go up and make new highs...I think for this trader, that may be cause to get flat assets in general and to the degree it makes sense. I'm referring to assets directly AND indirectly associated with the stock market. Best to all, Chris
CME_MINI:ES1!Short
by maikisch
4