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SOLUSD

Solana Short Setup even in a Bull-run / Risky but we are tradersBINANCE:SOLUSDT COINBASE:SOLUSD 📈Which side you pick? Bull or Bear SL1 ---> Low-risk status: 3x-4x Leverage SL2 ---> Mid-risk status: 5x-8x Leverage (If there is just one SL on the chart, I suggest, low risk status) 👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate. ➡️Entry Area: Yellow zone ⚡️TP: 172.35 169.89 167.72 164.76 🔴SL: 182.02 🧐The Alternate scenario: If the price stabilize against the direction of the position, below or above the trigger zone, the setup will be canceled.
Short
by CrazyS
#Solana #SOL price is holding up better than #BTCCRYPTOCAP:SOL is holding up better than CRYPTOCAP:BTC At least this conclusion can be drawn from the behavior of the assets in Q2 2024. While #BTCUSDT price is being adjusted, #Solana buyers have managed to repel sellers' attacks 4 times over the past 3 months. So: 1️⃣ as long as the #SOLUSDT price is trading above $120, this is a "long picture", perhaps even with sky-high targets of $650+ 2️⃣ consolidation of the #SOLUSD price below the "red zone" can stimulate a good shedding to $90, and maybe even to $70 (maybe #FTX liquidators will find a large CRYPTOCAP:SOL "stash" and decide to sell it... and the crypto media will blow this event out of proportion, or something like that...) So, what are your expectations for the #SOLUSDC price by the end of this year?
by P_S_trade
14
Solana - Wave 4Can see a wave count here with anticipated abc/abcde correction leg into the larger wave 4 count. This would line up with post-election rally with a possible fakeout of Head n Shoulders pattern depending on the structure of the correction leg. May be lagging BTC fractal pattern by few days as it does its consolidation retest from ATH rejection. Markets very volatile, a lot of uncertainty with election nearing and mid-east tensions ect. Could see a higher Wave 3 here, but can already count a smaller 5-wave cycle within the larger Wave 3 as it heads into Macro trendline Resistance.
by BiggyBalls
Solana vs. Ethereum: The Battle for Blockchain SupremacyThe cryptocurrency market is dynamic, constantly evolving with new technologies and innovative projects. Solana (SOL) and Ethereum (ETH) are two of the most prominent players in this space. Both platforms have made significant strides in recent years, attracting developers and investors alike. However, as the cryptocurrency market continues to mature, the question arises: Will Solana be able to challenge Ethereum's dominance, or will ETH maintain its position as the leading blockchain platform? Solana's Rise to Prominence Solana, a high-performance blockchain platform, has gained significant traction due to its ability to process many transactions per second at a low cost. This scalability advantage has made it attractive to developers seeking to build decentralized applications (dApps) that require fast and efficient transaction processing. Solana's unique Proof-of-History (PoH) consensus mechanism, combined with its parallel processing capabilities, enables it to achieve impressive transaction speeds. One of the key factors driving Solana's popularity is its vibrant ecosystem. A growing number of dApps, including decentralized exchanges (DEXs), non-fungible token (NFT) marketplaces, and DeFi protocols, are being built on the Solana platform. This expanding ecosystem has led to increased demand for the SOL token, which is used to pay transaction fees and secure the network. Ethereum's Enduring Dominance Despite the emergence of strong competitors like Solana, Ethereum remains the undisputed leader in the blockchain space. Its long-standing history, extensive developer community, and robust security infrastructure have solidified its position as the go-to platform for many dApps. Ethereum's transition to a proof-of-stake (PoS) consensus mechanism, known as The Merge, has further enhanced its scalability and energy efficiency. Moreover, Ethereum's dominance in the DeFi and NFT markets is undeniable. A vast array of DeFi protocols, including lending platforms, decentralized exchanges, and yield farming platforms, are built on Ethereum. The platform's popularity in the NFT space is evident from the success of projects like CryptoPunks and Bored Ape Yacht Club. The Battle for Market Share As the cryptocurrency market enters a period of increased volatility and potential altcoin season, the competition between Solana and Ethereum is likely to intensify. Solana's scalability advantages and growing ecosystem could attract more developers and investors, leading to increased demand for the SOL token. However, Ethereum's established position, strong developer community, and ongoing technological advancements may enable it to maintain its dominance. The outcome of this battle will depend on several factors, including: • Network Performance: Both platforms will need to continue to improve their network performance and scalability to meet the growing demand for decentralized applications. • Developer Adoption: Attracting and retaining top developers will be crucial for both platforms. • Security: Ensuring the security of the network and protecting users' funds is paramount. • Regulatory Environment: The regulatory landscape for cryptocurrencies could significantly impact the adoption and growth of both platforms. Conclusion While Solana has emerged as a strong contender in the blockchain space, Ethereum's established position and ongoing development efforts make it difficult to displace. The future of the cryptocurrency market is uncertain, and both platforms will need to adapt to evolving technologies and changing market dynamics. Ultimately, the success of Solana and Ethereum will depend on their ability to deliver value to users and developers.
COINBASE:SOLUSD
by bryandowningqln
SOLANA (SOLUSDT) 4H Timeframe, BIG LONG TRADE Targets Done!SOLANA (SOLUSDT) 4H Timeframe Trade Overview: Position: Long Entry: 143.38 Targets: TP1 (148.33), TP2 (156.32), TP3 (164.32), TP4 (169.26) Stop Loss: 139.39 Performance Recap: Solana surged and achieved all targeted levels in this 4H trade setup. Riding above the Risological dotted trend line, the bullish momentum was strong enough to reach TP4, capping a well-structured move. Market Stats: Volume: 3.98M Average Volume (30D): 9.02M Performance: Weekly: +8.96% Monthly: +15.53% Year-to-date (YTD): +77.77% Annual: +451.45% Analysis : With sustained volume and remarkable performance metrics over the past year, Solana’s upward trend reinforces the bullish sentiment. Given the fulfilled targets, it’s wise to monitor volume and possible retracement levels for future entries. This setup exemplifies a solid risk-reward scenario, demonstrating precision in capturing price momentum across predefined take-profit levels.
Long
by ProfitsNinja
Is SUI the SOLANA killer?A lot of talk has been going around about Sui's (SUIUSD) long-term potential and many have gone as far as to compare it with Solana (SOLUSD), claiming it is a threat to the already established token. But is Sui really the new Solana? We've made today's comparison for those people in an attempt to find any technical similarities between the two. The time-frame is 1W and as you can see, we compare Sui's price action from its start (May 2023) with SOL's from the first trading day back in April 2020. As you can see, Sui has started off in quite similar fashion as Solana back in the day: initial correction, then big rally into a Bull Flag (dotted Channel Down). This gave Solana way to an even bigger rally, which after another Bull Flag, it peaked just above the 2.618 Fibonacci extension in early November 2021. Sui is so far enjoying the first post Bull Flag rally, by making a new All Time High (ATH). Their 1W RSI sequences are also fairly similar. We expect the recent 2-week pull-back to resume the uptrend and as long as the 1W MA50 (blue trend-line) holds and continues to offer support, attempt to reach as high as possible within a 1-year time-frame. If that's on the 2.618 Fib, as Solana did, then look towards a $40.00 Target. Now would that make Sui the Solana killer? No, but it will be interesting to see if it will indeed follow in its footsteps. ------------------------------------------------------------------------------- ** 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:SUIUSDLong
by TradingShot
4
SOLUSDT range market with potential for huge gain Hello and greetings to all the crypto enthusiasts, ✌ SOLUSDT is one of the most promising assets in the crypto market and my favorite stock. I previously shared its upward charts with you, and in this analysis, we will have a brief overview of its future behaviors. 📚 As is clearly evident, the price is in a parallel channel, forming close highs and lows, indicating that the market for this asset is ranging. The most important resistances and supports are marked on the chart. 💡✌ For further upward movement, the price needs to break its main resistances. During this process, we may witness ranging candles or even some downward candles, but our overall outlook is bullish. ✔🙌📚 Our team’s perspective on this asset is that it has the potential for significant upward movement following the ranging phases. 🙌 Thank you for your attention. If you have any questions or comments, I’m here to respond to you. 🐋
Long
by MadWhale
6
BTC and SOL Form Bullish Cup and Handle PatternBINANCE:BTCUSDT and BINANCE:SOLUSDT technical analysis update. BTC and SOL are showing similar chart patterns, each forming a cup and handle. Currently, both SOL and BTC prices are trading within the handle, moving toward a potential breakout. If this breakout occurs, we could see a strong bullish move in both assets. SOL has already risen 2600% from its bottom, and a breakout could potentially lead to a further 200-500% increase. BTC, on the other hand, has gained 360% from its bottom, and a breakout from this cup and handle pattern could yield an additional 100-200% upside.
Long
by HexaTrades
ATCryptoScan: SOLUSD, Solana, the sunshineWeekly SOLUSD chart shows an indicative picture perfect Bullish burst. 1. MACD and VolDiv crossover on the bullish territories. The last time this might have happened would be about July 2021 (VolDiv had not enough data to be plotted atat that time); 2. a large consolidation since early 2024 appears to be breaking out and a potential break on the long term trendline is indicative with favourable technical indication; and 3. Fibonacci retracement saw a 61.8% pullback for the base which never broke down and during this time, VolDiv was trending up So heads up... SOLUSD has a projected target price of about 336 around mid-2025.
BINANCE:SOLUSDLong
by Auguraltrader
2
Solana (SOL) - Potential for a Strong Uptrend Continuationhello guys. Primary Trend Structure: The chart shows a classic Elliott Wave formation with an initial five-wave impulsive move (1-5) followed by a three-wave corrective pattern (A-B-C), suggesting the start of a new bullish cycle. Current Cycle: The recent price action is part of a new five-wave cycle with waves 1, 2, and 3 already formed. Wave 4 appears to be forming, preparing for a final upward movement in wave 5. Wave 4 Support Zone: The purple-shaded area marks a strong support zone, which could act as a launch point for wave 5 if prices retrace to this level. This support is in line with the typical retracement levels for wave 4, reinforcing its validity as a potential pivot zone. Wave 5 Target: Based on Fibonacci extensions, wave 5 could potentially reach the 0.618 extension level, around the $680 zone, representing a significant upside from the current price. Bullish Continuation Signals: Higher highs and higher lows are evident, which confirm a bullish trend. The price staying above key support levels strengthens the bullish outlook. Risks: If prices break below the wave 4 support zone, the structure could invalidate the expected bullish wave 5 target, leading to a potential deeper correction. Summary: The chart shows a potential bullish continuation in SOL, with a target in the $680 zone if wave 4 support holds and wave 5 unfolds as anticipated.
BINANCE:SOLUSD
by melikatrader94
22
SOLANA (SOLUSDT): Bullish Momentum Achieves All Targets!SOLANA (SOLUSDT) Analysis: Bullish Momentum Achieves All Targets! Time Frame: 15-minute Trade Type: Long Entry: $168.54 Stop Loss (SL): $167.82 Targets (TP): TP1: $169.43 - Achieved ✔️ TP2: $170.86 - Achieved ✔️ TP3: $172.30 - Achieved ✔️ TP4: $173.19 - Achieved ✔️ Technical Overview: Solana (SOLUSDT) displayed a strong bullish trend, successfully hitting all projected targets in the 15-minute timeframe. The price maintained an upward trajectory supported by the Risological dotted trend line (a custom trend indicator) reflecting solid market support and increasing momentum. Key Stats: Volume: 2.91M (compared to an average 30-day volume of 14.55M) Performance: 1 Week: +9.02% 1 Month: +11.98% 3 Months: -5.79% (slight retracement) 6 Months: +26.41% Year-to-Date (YTD): +71.06% 1 Year: +448.54% (significant yearly growth) The successful completion of all targets showcases strong buying interest and consistent volume support. With a sharp yearly growth rate, Solana’s current performance aligns well with its historical bullish trajectory. Traders who entered at the set entry point reaped the benefits as SOL maintained its bullish momentum.
Long
by ProfitsNinja
SOL will soon be bearishWave F of our diametric was an ABC, wave C of this diametric is ending. In the red zone, the correction can end and the price enters the G wave. We are looking for sell/short positions in the red range. With Solana drop, the currencies that are on Solana network also seem to drop (MEW, MYRO, WIF, etc.). Closing a daily candle above the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
Support Zone: 168.46-171.63 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost". Have a nice day today. ------------------------------------- (SOLUSDT.P 1M chart) The important zones are three zones. - 171.63 - 137.04-147.56 - 101.78 Therefore, you can trade depending on whether there is support near 171.63. - (1W chart) The location of the BW (100) indicator is 202.68. Therefore, the point to watch is whether it can rise from around 171.63 and rise above 202.68. If not, since the HA-High indicator on the 1W chart is formed at the 168.46 point, we need to check for support around 168.46-171.63. If it falls below 168.46, we need to check for support around 137.04-147.56. - (1D chart) The HA-High indicator on the 1D chart is formed at the 179.77 point. Therefore, the key is whether it can support around 179.77. Currently, the StochRSI and StochRSI EMA indicators are in the overbought zone and the BW indicator is at the highest point (100). Therefore, although it is showing strong upward strength, it will show a downward trend as the downward pressure increases over time. At this time, the point to watch is whether it can receive support around 168.46-171.63. If it receives support, I think it is highly likely that it will lead to an upward trend to rise above the 202.68 point as I mentioned earlier. If not, and it falls, we should check whether there is support around 158.39, where the M-Signal indicator on the 1D chart is passing. - The arrow was created because the BW indicator touched the 100 point. Since it has been maintaining the 100 point since then, the BW (100) line is not created. If the price shows a downward trend, it will show a trend of creating the BW (100) line. Therefore, it is recommended to proceed with trading according to the movement after the BW (100) line is created. Therefore, it can be seen that the possibility of the BW (100) line being created at the 179.77 point is increasing. Therefore, it is necessary to check whether it is possible to enter a short-term SHORT position. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that a full-scale uptrend will begin after rising above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
Solana's Surging Dominance: A New Flippening in the Making? Solana's meteoric rise has caught the attention of the cryptocurrency world, with its price reaching a new all-time high against Ethereum. This surge, driven in part by the memecoin frenzy, has sparked speculation about a potential "flippening" – a scenario where Solana's market capitalization surpasses that of Ethereum. Since 2023, Solana has experienced a remarkable 600% increase in value relative to Ethereum. This impressive performance can be attributed to several factors, including: • Memecoin Mania: The popularity of memecoins like BONK and BONK Inu has significantly boosted Solana's ecosystem. These tokens have attracted a large following, driving up demand for the Solana blockchain. • Scalability and Speed: Solana's ability to process a high number of transactions per second (TPS) has made it a popular choice for developers and users seeking faster and more efficient blockchain solutions. • Growing Ecosystem: Solana has witnessed a rapid expansion of its ecosystem, with numerous decentralized applications (dApps) and projects being built on the platform. This growth has increased the demand for Solana tokens. • Institutional Interest: Solana has gained traction among institutional investors, who are increasingly attracted to its potential as a scalable and high-performance blockchain. While Solana's recent performance is undeniably impressive, it's important to consider the challenges it faces in its quest to overtake Ethereum. Ethereum, despite its current dominance, is undergoing significant upgrades, such as the transition to proof-of-stake (PoS) and the implementation of layer-2 scaling solutions. These developments could potentially enhance Ethereum's efficiency and scalability, making it a more competitive alternative. Moreover, Ethereum's established network effects and strong developer community give it a significant advantage. Ethereum has been the dominant platform for smart contracts and decentralized finance (DeFi) applications for several years, and it has a vast network of developers and users. Overcoming this established ecosystem will be a formidable challenge for Solana. Despite these challenges, Solana's recent surge suggests that it is a serious contender in the race for blockchain dominance. The platform's strong performance and growing ecosystem have positioned it as a potential disruptor in the cryptocurrency market. Whether Solana can ultimately achieve a "flippening" remains to be seen, but its continued success is a testament to the innovative and competitive nature of the blockchain industry. In conclusion, Solana's price surge against Ethereum marks a significant milestone for the platform. While the road ahead may be challenging, Solana's potential for growth and innovation is undeniable. As the cryptocurrency market continues to evolve, it will be fascinating to observe the ongoing competition between Solana and Ethereum, and to see which platform ultimately emerges as the dominant force in the blockchain space.
COINBASE:SOLUSDLong
by bryandowningqln
Solana Full Analysis Everything You Need to Know Afternoon Traders So I break down Solana for you today as its shaping up our first tp is 189 that we are heading to however if we break past that 195 is a great next tp to get to. In this video I go through the levels and why behind it to make sure you understand what levels to look out for when trading. If you found this video helpful let me know with a comment, follow or boost. I appreciate it Mindbloome Trading/ Kris Trade What You See
CRYPTO:SOLUSDLong
by Mindbloome-Trading
SOL/USD "SOLANA" Market Money Heist Plan on Bullish Side.Ola! Ola! My Dear Robbers / Money Makers & Losers, 🤑 💰 This is our master plan to Heist SOL/USD "SOLANA" Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low Stop Loss 🛑 : Recent Swing Low using 2h timeframe Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰. Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style. Stay tuned with me and see you again with another Heist Plan..... 🫂
COINBASE:SOLUSDLong
by Thief_Trader
SOLUSDT - the real indicator of bear market!I think everyone should take this chart as a basic reference for trading Why is sol considered a real indicator of the market situation? sol is one of the biggest coins in terms of market cap ( 5th in ranked with 78.2B in marketcap) As you can see on the chart in front of you, sol rose more than 600% last October when it broke the 300 day of accumulation and it was a strong entry signal for all other currencies Now on the weekly chart we see that sol is forming a wyckoff distribution pattern. I uploaded a picture to verify this for yourself. check it and you will find it matches what is happening on the chart You will find the 0.786 level is the bottom, which if it is broken weekly, it is a clear and explicit signal to get out of all your money from the market and make it 100% cash according to this data i see that will happen within 2 months Best regards Ceciliones🎯
by ceciliones
11