Get started

Solusdtanalysis

Is SOLUSDT About to Break Down?Yello Paradisers! 🔥 Is SOLUSDT on the verge of a major bearish move? Let’s break it down! 👀 💎SOLUSDT has flashed a Change of Character (CHoCH), hinting at a shift toward a bearish market structure. The current setup is starting to resemble a Head and Shoulders pattern, a classic signal of an impending downtrend. 💎Additionally, after the CHoCH, we saw a Bearish Engulfing pattern forming right on the resistance zone, further strengthening the bearish case. However, a supportive trendline below could provide temporary relief, so caution is essential! 💎If the price rises from the current level, a pullback from the strong resistance zone may be in play. If an Internal CHoCH (I-CHoCH) appears from this resistance area, it will reinforce the bearish potential and signal a continuation of the downtrend. 💎That said, any breakout and candle close above the strong resistance zone will invalidate this entire bearish outlook. Stay patient and trade with discipline, Paradisers. The market is at a crossroads—let the charts confirm the move before jumping in. This is where strategic planning separates consistent traders from the rest. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
BTCUSDT & SOLUSDT, Tue 06 Aug, Some Trade Scenarios for PM Se.!The Both price of BTC and Sol are playing in 50% Fibo Level. In London Session Could get short position. In NY session, I couldn't get Long Position. Who got this long is Smart one! The Market is Bullish, Maybe - Have sharp upward price Movement till 62% Fibo Or Maybe - Can get short. what do you think? Short or Long? I think after 13:30 can get decide or a lit clear to Long or Short! Please send your comment & share your ideas & Boost my Idea! Thx in advanced!
by kevin13433
Will Solana (SOL) have a chance to secure $210?Solana (SOL) broke above the downtrend line on July 20, opening the doors for a possible rally to $210. However, the bears are unlikely to give up easily. They will try to stall the rally near $189 and pull the price toward the downtrend line. If the price rebounds off the downtrend line, it will signal that the bulls have flipped the line into support. That will increase the likelihood of a rally to $210. Contrarily, if the price turns down and breaks below the downtrend line, it will suggest that the bears are making a comeback. The SOL/USDT pair could then plummet to the moving averages.
by paul_endeo
SOLUSDT History repeating?SOLUSDT technical analysis update The SOL chart appears to repeat the same pattern in this bull cycle. In the last bull run, SOL accumulated for 170 days before the first phase of the bull run. After the accumulation box breakout, the price surged by over 1200%. Then, the price formed a flag pattern before the second phase of the bull run, resulting in a further 700%+ increase. Now, the price is repeating the same pattern in this cycle. After accumulating for 300 days, the price broke out of the box and went up by 550%+. The price is forming a flag pattern and is about to break it. If the price breaks the flag pattern, we can expect a 200%-400% move in SOL. Regards Hexa
Long
by HexaTrades
Solana Surges: Price Breaks Resistance, Eyes Higher GroundThe price of Solana (SOL) has embarked on a notable upward trend, surpassing the key resistance level of $135 against the US Dollar. This bullish momentum has instilled optimism in investors, suggesting the potential for further gains in the near future. Breaking Through the $135 Barrier Previously, the $135 mark had acted as a significant hurdle for SOL. However, recent buying pressure has propelled the price past this resistance, signifying a potential shift in market sentiment. This breakout indicates increased investor confidence and could pave the way for a sustained price increase. Technical Indicators Bolster the Bullish Outlook Technical analysis, which utilizes historical data and price charts to predict future movements, strengthens the bullish case for Solana. One key indicator is the 100-hourly Simple Moving Average (SMA). The price currently sits above this average, implying an upward trend. Additionally, the formation of a bullish trend line on the hourly chart, with support at $138, provides further technical validation for the ongoing price surge. Potential for Continued Price Increases Analysts are cautiously optimistic about the potential for SOL to extend its upward trajectory. Some projections suggest the price surpassed the $145 resistance level. However, it's important to remember that the cryptocurrency market is inherently volatile, and unforeseen events can trigger price corrections. Factors Fueling Solana's Rise Several factors are likely contributing to Solana's current bullish run. Here's a look at some of the potential drivers: • Growing Adoption of DeFi Applications: Decentralized Finance (DeFi) allows users to access financial services without relying on traditional intermediaries. Solana, known for its fast transaction processing and scalability, is increasingly being utilized for DeFi applications. This surge in adoption could lead to a higher demand for SOL tokens, driving up the price. • Upcoming Network Upgrades: The Solana development team is constantly working on improvements to the network. News or anticipation of upcoming upgrades could attract investors and contribute to the price increase. • Positive Sentiment in the Broader Crypto Market: If Bitcoin, the leading cryptocurrency, experiences a significant price increase, it often has a ripple effect on the entire crypto market, including Solana. Potential Challenges on the Horizon Although the current outlook for Solana is positive, there are still uncertainties to consider. For instance, increased regulatory scrutiny on cryptocurrencies by governments or a major security breach on a Solana-based DeFi platform could dampen investor confidence and trigger a price decline. Conclusion: A Cautious Optimism Solana's recent surge above $145 is a positive development for investors. Technical indicators and potential catalysts like DeFi adoption and network upgrades suggest the possibility of further gains in the near term. However, the cryptocurrency market remains unpredictable, and investors should exercise caution and conduct thorough research before investing in any cryptocurrency.
COINBASE:SOLUSDLong
by bryandowningqln
SOLANA USD Bearish Robbery Plan to steal moneyMy Dear Robbers / Traders, This is our master plan to Heist SOLANA / USD Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Green Zone that is High risk Dangerous level MA act as a Dynamic Support & Order Block, So the Market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: Day traders & 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. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money Use Trailing Stop To Protect Looted 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 it will update after the Breakouts. support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
Short
by Thief_Trader
Solana (SOL): what's next for the coin's price?Over the past few weeks, Solana (SOL) has gained significant attention as its price continues to consolidate around crucial support lines. This consolidation follows Bitcoin’s latest struggle to validate a clear trend above the psychological mark of $70K. Amid the overall stable market sentiment, Solana has seen a mood swing in key on-chain metrics, creating possibilities of a significant move in the coming hours. Solana has reached its 20-day Exponential Moving Average (EMA) at $159 on the 4-hour chart, which is likely to serve as a significant resistance point. Buyers have been accumulating aggressively in recent hours; however, sellers are strongly defending a surge. This has resulted in a consolidation in the price chart. As of now, SOL is trading at $154, down over 6% in the last 24 hours. If the price advances past the moving averages and $162, it signals a potential resurgence by the bulls. In this scenario, the SOL/USDT pair may target a rally towards the next major resistance at the descending resistance line. If the price surpasses that level, we might see a climb toward $192. Conversely, if the price declines from the moving averages, it suggests increasing negative sentiment with traders selling during price rallies. This could drive the price down towards the solid support zone of $130-$140. A break below this threshold could result in a further decline to $100. WHITEBIT:SOLUSDT
by paul_endeo
1
SOL Solana Invest Or Trade - Technical Analysis and Trade IdeaIn this video we cover two SOL (Solana) options, an entry point if you are looking to dollar cost average in as an investor, and a scalping and or intraday trade idea if you are looking to trade this. As always the video covers my trade entry points my opinion in terms of the trend, market structure and price action, and as always this information is educational in nature and not to be construed as financial advice.
Long
by fxtraderanthony
SOLUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. (update) Entry: (first buy 120, and still have limit order at 95) Targets: 185 - 250 - 33 after first target reached move ur stop to breakeven Stop: (depending of ur risk). ALWAYS follow ur RM risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. DYOR!
Long
by trytofeelpositive
SOLUSDT / SOLANA USD SPOT Money Heist PlanMy Dear Robbers / Traders, This is our master plan to Heist SOLUSDT based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Red Zone that is High risk Dangerous level market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: 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, Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level, 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 💰💵 Join your hands with US. Loot Everything in this market everyday.
by Thief_Trader
1
SOLUSDT / SOLANA USD SPOT Money Heist Plan My Dear Robbers / Traders, This is our master plan to Heist SOLUSDT based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Red Zone that is High risk Dangerous level market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: 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, Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level, 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 💰💵 Join your hands with US. Loot Everything in this market everyday.
by Thief_Trader