$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
Solusdt
frontusdtSupport and press the rocket to cheer me up
Observe the ten percent loss limit
Stay away from Bitcoins
Feel free to buy and sell and post your comments
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.
SOL/USDT bullish reversal from key support? 🚀SOL Analysis💎 Paradisers, keep your eyes on #SOLUSDT! It's approaching a critical support at $150.84. With momentum on our side and a successful closure of a green candle above this mark, we anticipate a bullish journey towards the $210.48 resistance.
💎 Should #SOLANA dip below $150.84, fear not—we have a contingency at $127.14. Imagine this level as a springboard, primed to catapult prices upward once again.
💎 A cautionary note: breaching this secondary line of defense could signal a continued downward trend as selling pressure mounts. Being alert and prepared to pivot is crucial as we navigate the unfolding scenario with #SOL.
This SOL Chart Makes Me Want to Cry. Black Swan EventZoom out. Pull macro fib time. Pull a monthly supply at ATH. Pull a measured move from ATH to bear market low. Measure from current high. Look at the beginning of a Wyckoff Distribution Schematic. Cry myself to sleep. In that order
We're going into a bear market until April 14th, 2025
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.
....
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.
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.
SOLUSDT.1DIn this SOL/USDT daily chart, the recent price action has taken Solana above the Ichimoku Cloud, a bullish sign. There’s a marked upward trend with resistance (R1) at a higher price point indicating a potential future target.
Ichimoku Cloud: Being above the cloud is bullish, suggesting that the uptrend may continue. The cloud will now act as support.
Moving Averages (Ichimoku Lines): The conversion line (blue) is above the baseline (red), which further supports the bullish sentiment.
Resistance (R1): There's a resistance line drawn above the current price, signaling a level that could potentially halt or reverse the upward trend.
RSI: The RSI is high, hovering just under overbought conditions. This could indicate that the price might see some consolidation or pullback soon.
MACD: The MACD is positive and above the signal line, which is typically a bullish signal. However, the histogram is showing signs of decreasing momentum, so it's crucial to watch for any potential crossover that could signal a reversal.
Considering these indicators, the momentum for SOL appears bullish, but the high RSI suggests caution, as there could be a pullback. If you're trading, it might be wise to look for confirmation of continued bullish momentum before entering a position and setting a stop-loss to manage potential downside. The resistance level could be seen as a target for taking profits should the price continue to rise. It's essential to consider the broader market sentiment and news that can impact price movements.
SasanSeifi 💁♂SOL/4DAY Long-Term 🧐 Hey there,✌
Solana's price oscillated between $10 and $27 for an extended period. After breaking the long-term downtrend line, the demand for SOL increased, resulting in an upward trend for approximately 6 months. the price has ranged and accumulated volume around $100 before surging to $207.
Current Movement: The price is heading towards its previous all-time high (ATH) of $259.
Scenarios:
1. If the momentum weakens around $250 and is confirmed, the price may experience a correction. After a pullback, we can expect further growth in the long term.
2. If the price faces demand and breaks above the previous ATH, the first target would be the $350 price range.
The chart above illustrates the possible trends and long-term targets for Solana.
Long-Term Support Levels:
$130
$100
(The chart is logarithmic.)
Remember, this is just a technical analysis and not financial advice. Always do your research before making any investment decisions.❗❌
I hope this analysis was helpful! If you have any questions, feel free to ask.✌
#SOL/USDT 2h (OKX Futures) Rising wedge on resistanceSolana printed an evening star, road back to 200MA support seems likely next.
⚡️⚡️ #SOL/USDT ⚡️⚡️
Exchanges: OKX Futures
Signal Type: Regular (Short)
Leverage: Isolated (2.3X)
Amount: 5.0%
Current Price:
171.72
Entry Targets:
1) 172.56
Take-Profit Targets:
1) 142.59
Stop Targets:
1) 187.58
Published By: @Zblaba
CRYPTOCAP:SOL OKX:SOLUSDT.P #Solana #SPL solana.com
Risk/Reward= 1:2.0
Expected Profit= +39.9%
Possible Loss= -20.0%
Estimated Gaintime= 1 week
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.
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KUCOIN:SOLUSDT
SOLUSD Solana target $140, Bullish Fractal Patterngiven Novogratz is dumping FTX' stash of SOL AND COINBASE lawsuit is not favorably resolved yet the upside is limited, target $140
(possibly in the next 3-6 weeks (mid Fed or Mid March)
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 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!
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.
Solana is set to outperform ETH during this cycleDo you see this massive Cup and Handle formation? SOL will probably flip ETH if this gets triggered!
I feel that HTX accident mangled Solana's chart, and in the absence of it, the blue line would probably held as support, which would still be incredibly bullish.
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.
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.
#SOL Elliott wave 5 scenarioIn the daily time, according to the short-term analysis mentioned in the previous post, it had a complex double correction, which ended after the completion of the 4th wave of the corrective erosion after the break of $87.5, and the current wave will be the 5th wave of this cycle, which can reach at least 100%. The range of the previous ceiling should continue to grow, and if it continues, it should be as long as wave 3. According to the current momentum, we should probably face a long upward wave, which I will update in the future.
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SOLUSDT Is it time for a correction before further growth?Hello everyone, welcome to SOLUSDT.
Currently, SOLUSDT continues to trade in an uptrend. However, the price is currently struggling with the resistance zone around $185.
Trading volume increases as resistance levels are broken, indicating that the market is ready to recognize the potential for accumulation or a potential correction. On the D1 interval, we are interested in a correction before a further upward move above $185, but we must wait for a breakout and price consolidation in this area, which will confirm the market's increased readiness for further growth.