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Solusdt

Trading Ideas Results for March-AprilThis year I started sharing my analytical reviews and trading ideas since mid-March. I like using TradingView because here you can't edit or delete a published idea. Everything that has been published can be found and verified, which is not always possible on other platforms, for example, in Telegram channels where the administrator can adjust the statistics. It's time to summarize the interim results of trading ideas from mid-March to April 30. In this review, I will only consider short-term ideas on the daily and hourly timeframes. Medium-term ideas on the weekly and daily timeframes will be analyzed in a separate review. There were 4 short-term ideas. All of them are on the chart attached to this post. One for buying and three for selling. The results are also visible on the chart, and they are 100%, all targets were achieved. You can find more details about the ideas by following the links below (see related ideas). But was everything so good? Unfortunately, no, if we look more closely at how the price moved in each idea. For AVAX, the selling time was chosen perfectly. Without any drawdown (2%), the price reached the target: +29%. For ETH, I waited for the price to return to the range of 3200-3400 for buying, the drawdown after buying reached up to 3%, and the achieved target was +12%. For SOL, the idea was to sell, and the drawdown on the trade reached up to half of the target (4%), but then the target was achieved with a gain of +11%. For ORDI, a less favorable moment was chosen for selling compared to other ideas, resulting in a drawdown of 23%, which is comparable to the achieved final target of +24%. It is worth noting that ORDI's market capitalization is 15 times smaller than AVAX's. Could this be the difference? What is an acceptable drawdown percentage for you before the idea works out? Share your thoughts in the comments. By the way, as part of the educational article on March 31, I made a short-term forecast for OPUSDT. Interestingly, it also worked out. Without any drawdown, the target was achieved: +29%. I will publish the interim results of medium-term ideas in a separate review.
by AlexeyWolf
Analysis of BTC/USDT Weekly ChartThis analysis examines both the short-term and long-term trends for Bitcoin (BTC) against Tether (USDT) using the weekly chart. Short-Term Trend: Based on the current bearish sentiment, I believe there's a high possibility of BTC experiencing a further drop in the short term. A potential support level could be found around the intersection of the 21-week EMA (Exponential Moving Average) and the 38.20% Fibonacci retracement level (highlighted by the yellow circle on the chart). Long-Term Trend: Despite the short-term weakness, the overall trend remains bearish on the weekly timeframe. This is evidenced by the price being below major moving averages (10-week, 20-week, etc.) and the bearish Ichimoku Cloud... BUT Potential Long-Term Opportunity: If BTC finds support at the mentioned confluence zone (21-week EMA and 38.20% Fibonacci level), a potential long-term buying opportunity might emerge. In this scenario, the price could target a range between $80,000 minimum and potentially reach $100,000 initially, marking the completion of the third bullish wave. Additional Considerations: This analysis is based on technical indicators and should be combined with other factors like fundamental news and on-chain metrics for a more comprehensive understanding. Market conditions are dynamic, and these targets and support levels are estimates. Always practice proper risk management when trading. This version clarifies my analysis and it's just a possibility and not financial advice.
BYBIT:BTCUSD.P
by CryptoTraces
ICT Short setup / Ranging SOLUSDT👋Hello Traders, Our 🖥️ AI system detected that there is an ICT Short setup in SOLUSDT for scalping, Please refer to the details Stop loss, Supply Zone(Sell Zone), TP 1 and TP2 for take profit. For more ideas, you are welcome to visit our profile in tradingview. If the price had hit the TP2 when you see this idea, please wait for next idea. Have a good day! Please give this post a like if you like this kind of simple idea, your feedback will bring our signal to next better level, thanks for support!
Short
by ICT_Trader_SB
1
📉 SOL Trading Plan 🚀Observation: SOL faced rejection at $160 and retraced to a supportive zone. Potential correlation with BTC's performance. Trade Setup: Entry: $126 - $140. Take Profit: $160 - $170 or $200 - $220. Stop Loss: Tight below $120 or BTC's $60,000 support loss. 🚨 Risk Management: Trade is against BTC's downtrend on higher time frames. Monitor BTC closely; any loss of support prompts trade exit. 📊 Strategy Rationale: Anticipate SOL's recovery if BTC maintains $60,000 - $61,500 support. Tight stop loss minimizes potential losses in uncertain market conditions. 📉🔍 Stay attentive to BTC's movements for trade adjustments! #SOLTrading #BTCAnalysis 📈🚀
Long
by Richtv_official
SOL/USDT It shows will be back test on the support trendline!💎 Paradisers, #SOL is indeed attracting attention as a coin worth keeping a close eye on. 💎 After facing rejection at the resistance area, SOL appears poised to retest the support zone around $127 - $116. This zone not only represents a local support but also coincides with a support trendline. 💎 A successful bounce from this area would signal bullish strength, potentially propelling the price upward to reattempt breaking the resistance around $162 - $169. 💎 If this resistance is breached with a successful bounce, it could pave the way for further upward movement, ultimately aiming for our target strong resistance area. 💎 However, should SOL fail to find support and instead break below the support area, it would raise concerns as it would not only invalidate the local support but also breach the bullish trendline support. 💎 In such a scenario, the price could descend towards the last bullish stronghold at the demand zone around $105. This could lead to SOL entering the oversold territory on the RSI indicator, typically below the 30 RSI mark. If SOL bounces from this oversold condition, attention would shift to reclaiming the $127 support area to resume the upward trajectory. 💎 However, if SOL breaks down below the demand area, it would confirm a bearish trend in the short term, signaling further potential downward movement. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise
1
SOLANA - $600 on the Cards?👀📉Hi Traders, Investors and Speculators of Charts📈 Solana has made some great increases, and it's retraced back to support levels. I've been bullish on Solana since the beginning of 2024, when SOL was still sub $100. Take a look here at other altcoins that we've been watching: By looking at the Drop-and-Pop fractal we've been watching, we can conclude that for the short term, the support zones should hold at $140, with wicks as low as $120. When incorporating this into Elliot Wave Theory, our next impulse up (wave 4-5) should take us to roughly $290. But it doesn't end there. When we zoom out, and view the chart from a macro perspective, we see a different structure of Elliot waves... We're possibly still in wave 0-1! And if we use the same Elliot wave ratios to calculate wave 5, (% of wave 1 OR 161.8 x wave 1 length) then wave 4-5 takes us even beyond $600. It's important to note though, that this is a multi-month and potentially multi-year target. Although SOL has previously increased 500% in a few weeks, the markets are more mature than they were in early days with many more adopters and institutional investors joining the game. 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 COINBASE:SOLUSDT BINANCE:SOLUSDT
Long
by CryptoCheck-
1
SOLUSDT 1HInterval ChartHello everyone, let's look at the 1H SOL to USDT chart, as we can see the price has entered a sideways movement and is breaking sideways from the local downtrend line. Let's start by setting goals for the near future that we can include: T1 = $154 T2 = $162 T3 = $168 AND T4 = $175 Now let's move on to the stop-loss in case of further market declines: SL1 = $142 SL2 = $137 SL3 = $130 AND SL4 = $112 - $105 When we look at the RSI indicator, we will see that we are bouncing off the downward trend line, but we can see that the lateral price movement results in an increase in the indicator, which may again translate into an attempt to drop the price.
by cryptodailyuk
📈 SOL Trading Analysis 🚀Support & Resistance Strategy: SOL has retraced to a support level, suggesting a potential bounce. Anticipate movement towards upper resistance levels. Trade Setup: Entry: $140 at current support. Take Profit: $160-$170 or $200-$220. Stop Loss: Just below $135. Market Observation: Recent market activity shows a range-bound pattern. If SOL struggles to breach the next resistance, consider exiting to secure profits. 📊🔍 Stay alert for SOL's movements! #SOLTrading #CryptoAnalysis 💰📈
Long
by Richtv_official
Bitcoin Halving Shakes up Market Bitcoin miners see rewards cut, Dorsey jumps in: Bitcoin miners collected more than $100 million in revenue for the halving on April 20, the highest total ever recorded in a single day. But now miners face a drop in mining rewards that could reshape the industry. And one familiar name is jumping in. Speculators hopeful upcoming Fed meeting will leave rates unchanged: US inflation rates have eased slightly in April in conjunction with weakening demand in both manufacturing and service sectors. Investors hope the latest data will spur a more bullish tone on future rate cuts. Bitcoin halving brings fresh interest to spot ETFs: After a period of net outflows prior to BTC’s halving event, spot BTC ETFs in the US have started to rebound. Ripple calls for SEC to reduce fine: Ripple has strongly opposed the SEC's proposed SEED_TVCODER77_ETHBTCDATA:2B fine, while a contingent of crypto lobbyists moves to sue the regulator. Tether claims it will freeze addresses linked to OFAC-sanctioned entities: The move follows reports that Venezuela's state oil company, PDVSA, used the USDT stablecoin to bypass US sanctions and continue its oil exports. 🤷 Topic of the Week: What is Ethereum? ➡️ Read more here
GEMINI:BTCUSD
by Gemini
At what price you are ready buy SOLANA in your invest portfolio?Probable wave analysis on the #SOLUSDT chart The bottom of wave 4 has either already been formed or is yet to come. Therefore, we have marked three points where you need to be as careful as possible when deciding whether to buy CRYPTOCAP:SOL or whether it is too early. 1️⃣ $120 - if the price does not go lower, further growth will be quite rapid, as buyers will show their strength. 2️⃣ $90 - a stop of the falling in a strong liquid zone, which can be "considered a prudent buy zone". 3️⃣ $70 - this is where the price can reach on panic sales, liquidations, and stop losses. Interestingly, the calculations show that wherever the #SOLUSD price falls, t he chance of growth to $650-670 is the same from the three points, it's just a matter of time. So, what price will you choose to buy #SOLANA?
by P_S_trade
12
Solana - SOL Fractal NO ONE talks about📉Hi Traders, Investors and Speculators of Charts📈 SOLANA is on the list of my top 20 altcoins to watch in 2024. From a macro chart perspective, I'd like to point out a large-scale fractal that I'm labelling as the "drop-and-pop". What we observe here is 1)accumulation phase followed by 2)first impulse up after which we se a 3)correction and then finally the 4)second impulse wave . From a technical indicator view we know that the price is bullish because we see a "Overbought" flash on the weekly, which usually indicates strong bullish momentum : Note that this, again, confirms the need for a pullback/drop before considering the start of impulse wave 2 /pop. 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 BINANCE:SOLUSDT
Long
by CryptoCheck-
2
SOLUSDT.1DThe daily chart for Solana (SOL/USDT) displays a retracement following a strong uptrend. The price has formed a peak around $210.18 and has since pulled back to current levels at $153.36. The first resistance level (R1) is now at $184.67, which could act as a ceiling for any upward moves. The next resistance level (R2) is at $211.52, just above the previous high, potentially serving as a target for a bullish continuation. The chart also shows established support levels at $121.04 (S1) and $92.78 (S2). The RSI is just below the midpoint at 46.92, suggesting some bearish momentum, but not overwhelmingly so. The MACD is below the signal line and negative, which traditionally suggests bearish momentum. As a trader, I would watch for the price action to approach R1 for potential resistance or a breakthrough, which could indicate a move to R2. A failure to breach R1 could see prices retest S1. Given the indicators, a cautious approach would be prudent, with tight stop losses and a close eye on both RSI and MACD for signs of trend strength or reversal.
Long
by MarsSignals