Solusdt
Skyrexio | Solana SOL Started CorrectionHello, Skyrexians!
Recently we told about the potential pump for BINANCE:SOLUSDT to $300 where price was $170. The main reason was the bullish reversal bar at the bottom of the wave 4. After that price reached almost $300 agains the entire crypto market. Will Solana continue pumping or it's over.
Looking at the time frame we can see that wave 5 has been potentially over. This fact is confirmed by the red dot on the Bullish/Bearish Reversal Bar Indicator . This is very strong bearish signal which tells us that Elliott waves cycle has been finished and asset is entering into correction phase. The first target for correction is $160 at 0.61 Fibonacci zone. There we will look at the price action again and make a decision if price will continue to go down or not.
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Skyrexio Team
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Time to buy SOLUSD lets gooo
Good morning!
Hello traders!
Wednesday, January 29, 2025
Bullish Falling Wedge Pattern Identified!
A Falling Wedge pattern is currently forming on the 4h chart, indicating a potential reversal.
Impulse Elliott wave completed successfully - we are looking for a breakout!
Maybe the recent pullback was a bear trap, and the price will rise soon!
You can buy at $226 for a short-term trade.
Stop Loss: $218
Take Profit: $260
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Trade safe!
Best Wishes,
Tom 😎
SOL’s Golden Zone: $217-$213 The Perfect Long Setup?SOL is still in a corrective phase, with the 0.618 Fib retracement of the entire wave at $217.27 yet to be tested. This level aligns with key technical confluences, making it a critical zone to watch.
Recent Price Action & Short Trade Recap:
Today, SOL retested the pwdOpen, aligning perfectly with the Point of Control (POC) and the 0.618 Fib retracement of the smaller downward wave, making it an ideal short entry
The reaction was significant, but now the focus shifts to whether $217 will finally be tested
Long Trade Setup:
Entry Zone: $217 - $213
Stop Loss (SL): Below $210
Take Profit (TP): $260, targeting the next major resistance level
Why This Setup is High-Probability:
1.) Fibonacci Confluence:
The 0.618 retracement of the full wave at $217.27 is a key level where buyers may step in
Weekly Support at $213.35 adds strength to this demand zone
2.) Liquidity Sweep Potential:
A dip into $217-$213 could liquidate long positions, setting up a strong reversal if buyers reclaim control
3.) Upside Targets:
2021 all-time high (ATH) and beyond
Final Thoughts:
Key Levels to Watch: $217-$213 for long confirmation
Look for volume confirmation and bullish reaction before entering
If SOL holds above $217, this setup could provide an excellent R:R trade
This could be a golden opportunity for a high-conviction long. Let’s see how SOL reacts! 🚀🔥
SOL / USDT: Approaching Trendline resistance - Breakout ahead ?SOL/USDT: Approaching Trendline Resistance – A Breakout on the Horizon?
SOL/USDT is gaining momentum 📈 as it approaches a critical trendline resistance level 📊. The price action suggests growing bullish pressure, setting the stage for a potential breakout 💥. If SOL manages to break above this key resistance, we could see a strong rally unfold 🚀. Stay alert and wait for confirmation before taking action.
Key Insights:
1️⃣ Trendline Resistance: SOL/USDT is nearing a significant trendline that has historically acted as a barrier. A breakout above this level could trigger a strong bullish continuation.
2️⃣ Volume Surge: A notable increase in trading volume during the breakout would confirm strong buyer interest 🔥.
3️⃣ Bullish Signals: Momentum indicators like RSI and MACD are showing strength ⚡, increasing the probability of an upward move.
How to Confirm the Breakout:
✔ Look for a 4H or daily candle close above the trendline to confirm the breakout 📍.
✔ A spike in volume at the breakout level would indicate strong buying momentum 📊.
✔ A successful retest of the broken resistance as support adds further credibility ✅.
✔ Be cautious of fake breakouts that may include wicks or sharp reversals ⚠️.
Risk Management Strategies:
🔒 Set stop-loss orders to protect against unexpected reversals.
🎯 Adjust position sizing based on your overall trading plan.
This analysis is for educational purposes only and not financial advice. Always DYOR 🔍 before making investment decisions. Stay prepared for the next big move in SOL!
Next motive wave on SolanaHi fellow traders, SOLUSDT is getting ready to make a move higher after it completes the correction. Target the 313.6902 level. Good luck and trade safe!
Solana Nears $250 Resistance – Is $300 Within Reach?Solana (SOL) has surged 7% in the past 24 hours with a trading volume of $8.497 billion, adding to its impressive 23.16% gain over the last 30 days. With a YTD return of +24.16%, bullish sentiment around Solana continues to grow.
The long-term outlook for SOL remains optimistic as adoption and the launch of strong projects within the Solana ecosystem drive demand. Additionally, upgrades aimed at improving network congestion could further fuel its price surge.
However, the technicals present a mixed picture. On the daily timeframe, the Simple Moving Average (SMA) indicates bearish convergence, signaling increased selling pressure. At the same time, the RSI remains above the neutral point, hinting at resilience despite a recent negative crossover on the trendline.
Currently, SOL’s price is approaching a critical resistance level of $250. If it maintains support above $237.50, it could retest this resistance and aim for the next target at $270. Sustained bullish momentum could even push SOL toward the $300 mark.
On the flip side, failure to hold the $237.50 support level could see SOL dropping to $210, where the next significant support lies. For now, all eyes are on Solana as it approaches a pivotal moment in its price action.
I rather wait to buy the strength for trading (not investing)My overall bias for Solana is super bullish. I like the weekly price setup. Weekly MACD, RSI and Stochastic are all showing the clear (not strong enough) bullish momentums.
If you are interested in investing in Solana for the duration of the current crypto cycle, it is a good time to buy. However, if you are interested in swing trading (medium term), I will wait for daily stochastic to reset and move to the upside, and 4H MACD lines cross and enter the bull zone (0 level). Last week, there were three occasions where 4H MACD lines almost crossed but failed and ended up moving downside. A strong bullish trend usually happens with MACD moving upside in the bull zone.
It is tempting to buy the dip, but I will wait to buy the strength.
SOL/USDT 1H: Bulls Targeting $267 After Key AccumulationSOL/USDT 1H Chart Analysis (SMC Principles)
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Confidence Level: 8/10
Current Market Condition:
Price testing critical resistance near $237.
Hidden Bullish Divergence: Lower lows in price with higher lows on RSI, signaling potential reversal.
Accumulation Zone: Visible at $225-$230, with market makers positioning for upward movement.
Key Levels:
Support: $225-$230 (strong accumulation zone).
Resistance:
T1: $245
T2: $252
T3: $267
Trade Setup:
Entry Zone: $235-$237
Targets:
T1: $245
T2: $252
T3: $267
Stop Loss: Below $230 (recent accumulation zone).
Risk Score: 7/10 (moderate).
Market Maker Analysis:
Clear accumulation phase suggests preparation for liquidity targeting above $245.
Smart money activity supports bullish continuation.
Recommendation:
Long position recommended in the $235-$237 range with tight stops.
Monitor volume for confirmation as price approaches $245.
Confidence Level: 8/10 for bullish expansion.
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SOL Vs ETH - Make Life Changing Money MartyBoots here , I have been trading for 17 years and sharing my thoughts on SOL here based on ETH fractal.
SOL is looking beautiful , very strong chart for more upside
Very similar to ETH which on the new monthly
Do not miss out on SOL as this is a great opportunity
Watch video for more details
SOL/USDT 1H: Bulls Building Momentum for a $244 Retest!!SOL/USD 1H Chart Analysis
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Current Price: $235
Market Structure:
Bearish momentum after breaking key support at $244.
Potential bottoming formation visible at current levels.
Smart Money Analysis:
Accumulation Zone: $220-$230 with heavy institutional volume.
RSI: Hidden bullish divergence forming (lower lows in price, higher lows in RSI).
Market makers appear to be accumulating for the next upward move.
Key Levels:
Resistance: $244, $252, $268.
Support: $220, $228.
Trade Setup (Confidence Level: 8/10):
Entry Zone: $232-$235.
Targets:
T1: $244
T2: $252
T3: $268
Stop Loss: Below $220 (accumulation zone).
Risk Score: 6/10 (moderate risk due to market volatility).
Recommendation:
Long position recommended with tight risk management.
Watch for confirmation above $238 to increase confidence in bullish continuation.
Volume and price action at $244 will be key to determining the strength of the breakout.
Confidence Level: 8/10 for bullish reversal potential.
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Solana is falling, but when will it rise?Analysis of Solana: Market Perspectives and the Impact of U.S. Legislation
Greetings, this is Ronin. Today, I’m sharing my insights on the current situation surrounding Solana (SOL) in the context of new economic conditions introduced by the administration of Donald Trump. At this point, several fundamental factors can be identified as key market drivers for the next 1.5–2 years.
New Economic Policies and Their Market Impact
One of the most significant decisions made by the Trump administration is the removal of the value-added tax (VAT) on American assets. This measure is designed to boost domestic demand, stimulate economic growth, and attract capital into the U.S. asset market.
For the cryptocurrency market, and particularly for Solana, this policy creates favorable conditions. Reduced tax burdens:
Encourage institutional investors to consider American digital assets.
Increase liquidity on U.S. exchanges, positively impacting trading volumes.
Heighten competition among market participants, leading to more dynamic price movements.
These changes lay a solid fundamental foundation for Solana’s value to grow in the medium and long term.
Solana: Growth Potential
Current Market Situation
Solana is currently in a consolidation phase. The price remains under pressure due to:
Artificial liquidity outflows.
Liquidation of large futures positions, a common practice by exchanges to stabilize their profitability.
At present, technical analysis is not the primary driver of the asset’s movement. Once the market receives additional liquidity and exchanges stabilize their operations, Solana is poised for a significant recovery and further growth.
The Impact of Potential ETF Approval
A major driver for Solana is the speculation surrounding the approval of an ETF linked to Solana. If this comes to fruition:
Solana will see a substantial influx of capital from institutional investors.
Increased demand for the asset will drive its price upward.
While it’s unlikely we’ll see a repeat of 2021, when Solana’s price skyrocketed from $28 to $260, the asset still holds strong growth potential. Catching up to major assets like Binance Coin (BNB) is more than achievable.
Liquidity and Trading Strategy
My futures trading strategy allows me to operate in both directions, but in the long term, the fundamental outlook for growth is clear. On the cryptocurrency market, the classic principle applies: buy when everyone else is selling.
Current Takeaways:
Corrections as Opportunities: Significant price pullbacks, especially those driven by short-term exchange manipulations, present excellent buying opportunities.
Positive Stimuli: Liquidity will inevitably return to the market, and once it does, Solana is likely to demonstrate a strong recovery and upward trajectory.
Conclusion
The changes brought about by the Trump administration’s economic policies offer unique advantages for American assets, including Solana. The removal of VAT and the potential approval of an ETF create solid prospects for strengthening Solana’s market position.
I am confident that in the medium and long term, this asset has significant growth potential. While the market remains in consolidation, I continue to monitor the situation and use corrections as opportunities to increase my positions.
The cryptocurrency market rewards those who can see opportunities in periods of temporary decline. This has been Ronin. See you at the top of the charts! 📈💎
Solana rollercoaster ride and wild swings🔸Hello traders, today let's review 8hour price chart for SOLUSD . pullback/correction in progress with limited upside currently, let's review the market in more detail.
🔸Trading right now at 225 usd, broke the structure after tripping over SL cluster near 280.
The wild swings in SOLANA are caused by the launch of the Trump's meme coin, the angle
of attack on the 8 hour chart is not sustainable, gone up too much too fast, currently
expecting more wild swings in SOL.
🔸As everyone rushed to BUY TRUMP meme coins, this spiked demand for SOL
and generated a massive spike of onchain activity. Once the hype started to subside
and the TRUMP coin started to fade, same thing happened to SOL.
🔸We tripped over SL cluster at 280 USD this caused massive volatility spike and
reversal off the highs. Currently bullish SL cluster located at 160 USD. I'm expecting
re-test of the SL cluster at 160 USD before a decent reversal in SOL prices. Currently
limited upside and expecting most rallies/rips to get faded.
🔸The massive artificial spike produced an unsustainable rally in SOL, more swing
required now in order for the prices to even out / become stable again. This implies
that we will witness more volatility in this market with bearish bias mid-term.
🔸Recommended strategy: Short sell rips/rallies targeting SL cluster at 160 USD.
price is currently not stable and I see limited upside in this market. If you want
to BUY/HOLD, sit out the current volatility and BUY LOW later near SL cluster.
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Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Bitcoin at the END of January? BEARISH TREND #BTC 1-26-25What to Expect from Bitcoin at END of January? As of today all crypto market started BEARISH Reversal Trend. All positive crypto news did not help crypto move more bullish, it means all crypto turned to Bearish Trend.
#BTCUSD #BCHUSD #ETHUSD #ETCUSD #ADAUSD #TONUSD #SOLUSD
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SOLANA: gives us another chance to get ithello guys!
Triangle Formation
Top Line of the Triangle: A descending trendline forming the upper boundary of the triangle, showing a gradual decline in lower highs.
Bottom Line of the Triangle: An ascending trendline forming the lower boundary of the triangle, highlighting higher lows, indicating potential consolidation.
Support and Resistance Zones
Support Area: Around $248 to $244, providing strong buying interest as price approached the bottom of the triangle.
Resistance Area: Between $264 to $268, acting as a ceiling where selling pressure is evident.
Flip Area
Located near $223 to $233. This zone was a previous resistance level and has flipped into support, reinforcing the bullish structure below.
Price Expectation
A potential bounce is expected off the bottom trendline of the triangle near $248.
Once price consolidates and breaks above the resistance area at $264–$268, it may surge toward the upper target zone around $277 to $282.
Key Levels to Monitor
Support: $248 to $244
Resistance: $264 to $268
Target Area: $277 to $282
Conclusion
The current market is consolidating within a triangle. A breakout above the resistance area could signal a bullish continuation to higher levels.
If price fails to hold the support, the next significant zone to watch is the FLIP area near $223–$233.
How low will she goSolana is having a nice pullback, how low will it go? there is a potential double bottom right around the $29 range...if it breaks below that it looks like the next area of support is at the $218 level.
do you guys like my charts? keep them simple or load them up with indicators that give false buy and sell signals so brokerages make money?
you will notice i keep the indicators to a bare minimum bc if there was one that worked or a combo....why isn't everyone rich....
they trade price action...and monitor positions and trendlines....respect fib levels....and the previous days close will act as a pivot point.
Stay green traders! capital preservation is always the first rule in trading. If you aren't using a stop loss you should be monitoring your position and have a mental stop loss. Always stick to your trade plan you made before you got into the trade. Where are you taking profit, why did you get in the trade, where are you cutting losses
much love and smash that boost button
help me grow this acct💙
Ethereum review analysis: buying points and price targets...hello friends
The analysis of Ethereum that we had given you, now we have specified for you step-by-step purchase limits, and the goals have also been specified, and you can enter with capital management...
*Trade safely with us*
SOLANA BullishVolume up , good pattern , strong fundament. I think we will see some gains ! Like if you agree
JUICY SOLANASOLANA umm juicy it's in such a place shorts and longs both can be done, you to choose from, but wont be agaped to see in 6 to 8 days or maybe less to touch $320
Solana: long term trends...GM gents!
Take a look at the trends that are active in the monthly and quarterly timeframe in $SOLUSDT.
The most optimistic long term scenario implies a 42 to 1 reward ratio, and gains worth more than 1700% from here...
It's easy to be swayed by short term noise and miss out on these insane gains, I have helped many people achieve such results in the past and can do it again, make sure to follow me here and in my socials.
Best of luck!
Cheers,
Ivan Labrie.
Solana Update: Is another rise coming?hello friends
We came with Solana's analysis.
This coin, whose signal we already gave you and it was pumped by 60%, now by being in this triangle pattern, it gives us this signal that with the failure of the triangle, we can enter into a transaction with capital management...
*Trade safely with us*
Good prices to buy Solanahello friends
This currency experienced a strange pump and then the price stayed in the channel for about 230 days.
Then, with the strength of your channel, you were able to show yourself
Now it is pulling back to the top of the channel and the price is right to enter.
There are three purchase steps that seem attractive and we have specified them for you.
Don't forget capital management, friends.
Be successful and profitable.
