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..... 🫂
Solusdtidea
SOLUSD: Bullish Pennant Pattern on 1-Hour ChartSOLUSDT Technical analysis update
SOLUSDT is forming a bullish pennant pattern on the 1-hour chart, with the price now moving toward the breakout. Once the breakout occurs, we can expect a bullish continuation in SOL
Pennant formed inside the flag pattern, we posted flag pattern analysis in the previous idea.
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🎯
Solana Update: Holding $162 or Dropping to $147? Here’s the breakdown, fam – if SOL holds $162, we could see a move up to the $178-$184 take-profit zone. But if $162 doesn’t hold, expect a dip to $147 before trying for that same target again.
If $147 breaks, we could be in for a deeper bearish move. Stay sharp, manage your levels, and let’s see how it plays out!
Like, comment, or follow if you want more updates like this!
Mindbloome Trading
Trade What You See
SOL forecasts SOL/USD Technical Analysis 🌐💹
1. Key Resistance Levels:
- $260: A major resistance zone. The price has struggled at this level before, and it may act as a significant barrier again in the near future. 🚧
- $290: The next potential resistance target after breaking through $260. If SOL breaks above $260, this level could serve as the next upward target. 🎯
- $220: An intermediate resistance level between $122 and $260. This could be the first major hurdle for any upward movement. 📈
2. Key Support Levels:
- $122: A strong support area that has held up well in previous price movements. If SOL faces downward pressure, this could be a key level to watch. 🛡️
- $77.81: Another crucial support zone that could prevent further declines if the price drops below $122. 🔑
- $27.06: The final strong support zone; this level is critical as the last defense before a potential significant drop. 📉
3. Potential Scenarios:
- Bullish Case: If the price breaks through the $220 resistance, a move toward $260 and then potentially $290 could follow. A strong breakout above $290 would signal a major uptrend. 🚀
- Bearish Case: If the price fails to hold above $122, SOL could drop toward $77.81, with the $27.06 level acting as a crucial floor if bearish momentum continues. 🔻
Overall, the price is currently consolidating around $140.68, and traders should watch for breakouts or breakdowns from these key levels to determine the next major move.
SOLUSDT Flag Pattern Alert - Potential Breakout Ahead!SOL/USDT is currently forming a flag pattern within a key support and resistance zone. After several days of consolidation, the price action indicates a possible breakout. Watch for a decisive move above the upper boundary of the flag, which could signal a sudden upward momentum. Remember to always set a stop loss to manage risk effectively.
SOLUSDT (4h Chart) Technical analysis
SOLUSDT (4h Chart) Currently trading at $146
Buy level: Above $146.5
Stop loss: Below $140
TP1: $150
TP2: $155
TP3: $165
TP4: $180
Max Leverage 5x
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SOL 152.53 LONG! Solana enters the bullrun zone!👋🤖 Solana is coming out above all the muwings on the daily and is preparing to give a strong impulse into the Long.
🔥🚀🚀 The level to trade is 152.53
Entry pattern breakout
First target 162.02
Second target 172.92
Volume is good, but Solana is a very volatile coin, so leverage above is not more than 20x !
Stop short
SOLANA Update - About to get BEARISH?SOLANA (SOLUSDT) looking weak here.
SOLANA has hit the Trailing stop loss at $154.8 and I have closed my LONG position as per the Risological swing trading indicator.
If the current 4H candle closes in red, I will look for fresh SHORT opportunity.
In any case, Iam ready to catch the right trend and trade.
Market is looking weak right now, though that might change in just one reversal candle.
Cheers and all the best.
Solana: The High-Performance Challenger to Ethereum
Solana, a high-speed blockchain platform, has emerged as a formidable competitor to Ethereum, the industry behemoth. By offering significantly faster transaction speeds and lower fees, Solana has attracted significant attention from developers and investors alike.
One of the most compelling factors driving Solana's growth is its impressive performance metrics. The blockchain boasts a significantly higher transaction throughput compared to Ethereum, enabling it to handle a larger volume of transactions without compromising speed or cost-efficiency. This advantage is crucial for applications requiring rapid and scalable operations, such as decentralized finance (DeFi) and gaming.
Furthermore, Solana's Total Value Locked (TVL) has been steadily increasing, indicating growing confidence in the platform's capabilities. As more projects and users migrate to Solana, the ecosystem becomes more robust and attractive to new participants. This virtuous cycle has the potential to accelerate Solana's growth trajectory.
Experts in the cryptocurrency industry are increasingly bullish on Solana's long-term prospects. Many believe that the platform's technological superiority could enable it to surpass Ethereum as the dominant smart contract platform. While Ethereum has a substantial first-mover advantage and a vast developer community, Solana's performance advantages and growing ecosystem are challenging this dominance.
Recent developments in the cryptocurrency market have further fueled optimism about Solana's price appreciation. The approval of Bitcoin ETFs by regulatory bodies has injected a wave of institutional capital into the crypto market, potentially benefiting all cryptocurrencies, including Solana. Additionally, the anticipation of an altcoin season, a period of heightened interest and investment in altcoins, could lead to significant price gains for Solana.
However, it's essential to approach any investment with caution. The cryptocurrency market is highly volatile, and past performance is not indicative of future results. Solana, like any other cryptocurrency, faces risks and challenges. While the platform has demonstrated impressive growth, it's crucial to conduct thorough research and consider the potential downsides before investing.
In conclusion, Solana's combination of high performance, growing ecosystem, and positive market trends positions it as a strong contender in the blockchain space. While the competition with Ethereum is fierce, Solana's ability to deliver on its promises could propel it to new heights. As always, investors should exercise due diligence and carefully evaluate their risk tolerance before making investment decisions.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Conducting thorough research and consulting with a financial advisor is recommended before making investment decisions.
SOL/USDT 4H Bearish Momentum-Oversold Conditions - What’s Next?The chart shows a clear downtrend in the recent period, with the price dropping from around $185 to $141.22.
Lower Highs and Lower Lows: The formation of lower highs and lower lows is evident, indicating a bearish market sentiment. current price is around $141.22, which is a significant drop from recent highs.
Resistance Levels:
Immediate resistance at around $160, where the price recently faced rejection.
Stronger resistance at around $180, the recent high before the downtrend began.
Support Levels:
Immediate support is observed at around $140.
Further support at $120 and $100 if the price continues to decline.
RSI:
Current RSI Value: The RSI is at 26.64, indicating that the asset is in oversold territory.
Historical RSI Movements: The RSI has dipped below 30 multiple times, suggesting periods of oversold conditions that could lead to a potential reversal or consolidation.
Patterns and Indicators
A potential bearish flag pattern can be identified, suggesting a continuation of the downtrend if the support at $140 is broken.
Bottom Line:
The SOL/USDT 4H indicates a strong bearish trend with the price consistently making lower highs and lower lows. The RSI suggests that the asset is currently oversold, which could indicate a potential for a short-term bounce or consolidation. the bearish flag pattern and the overall trend suggest caution, as further declines are possible if the support at $140 is broken. Traders should watch for confirmation of a reversal or a break of support before making any trading decisions.
SOL at critical resistance trendlineSOL is at a crucial resistance trendline in this weekly timeframe.
Here are two scenarios we can consider for SOL in a higher timeframe:
Bullish Scenario: If SOL closes above the $200 resistance trendline in the weekly TF, we are likely to see a decent rally and possibly a new all-time high.
Bearish Scenario: If SOL gets rejected from the $200 resistance level, it is possible to see a correction in SOL.
Fundamentally, SOL is a strong project, and with their meme coins, it is hard to imagine a 70% to 80% drop in SOL.
Technically, SOL is at a decisive point. The RSI is unable to gain momentum, indicating the formation of bearish divergence.
Consideration:
It will be wise to wait for the weekly close and let the chart show some confirmation, either bullish or bearish.
I hope this analysis helps you make a better decision.
Please do your own research and analysis for final confirmation.
Regards,
Team Dexter.
SOL target 3354h time frame
-
TP: $335
SL: $139
RR: 7.29
-
(1) Following our previous analysis (created a continuation structure)
(2) Better to test demand zone and fib 0.618 at $162
(3) Final target is $335, which is overlapping with two fib projection techs
(4) Stop loss while breaking down back this triangle structure
-
Previous analysis
#SOLUSDT: What's next? Read Description! Dear Traders,
Hope you are great, there is a high chance of price creating higher high after rejecting at current discounted price zone. The price behaviour and momentum of the trend suggest possible price change. Entry at current price region can be suitable for traders who trade swing, in long run we can see significant growth in this crypto pair. Good luck and trade safe.
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.
VanEck Seeks First-Mover Advantage with Solana ETF FilingVanEck, a leading innovator in the exchange-traded fund (ETF) space, has made a strategic move to capitalize on the growing popularity of Solana by filing an application with the Securities and Exchange Commission (SEC) to launch the first-ever Solana ETF in the United States. This filing, announced on June 27 via the X platform, signifies VanEck's commitment to expanding its cryptocurrency investment offerings and reflects the company's belief in the potential of the Solana blockchain.
The proposed ETF, named the VanEck Solana Trust, aims to directly track the price performance of Solana (SOL), a prominent cryptocurrency known for its high transaction speed and scalability. According to the preliminary prospectus filed with the SEC, the Trust will achieve this by directly holding SOL tokens in its reserves. These tokens will then back the shares issued by the VanEck Solana Trust, essentially offering investors indirect exposure to Solana's price movements.
The listing venue for the VanEck Solana Trust is planned to be the Cboe BZX Exchange, a prominent platform for trading exchange-traded products. This selection indicates VanEck's intention to provide investors with a familiar and well-established marketplace for accessing Solana exposure through a traditional ETF structure.
This filing by VanEck holds significant implications for both the company and the broader cryptocurrency market. Here's a closer look at the potential impact:
For VanEck:
• First-Mover Advantage: By positioning itself as the first applicant for a Solana ETF in the US, VanEck has the potential to capture a significant share of the market if the SEC approves the filing. This could attract investors seeking convenient and regulated exposure to Solana without the complexities of directly acquiring and managing cryptocurrency tokens.
• Diversification of Crypto Offerings: The VanEck Solana Trust filing represents the company's continued expansion into the cryptocurrency asset class. With existing offerings like the VanEck Bitcoin Strategy ETF (VBIO) already in the market, VanEck demonstrates its commitment to providing investors with a range of options for participating in the digital asset space.
For the Crypto Market:
• Increased Investor Adoption: A SEC-approved Solana ETF could significantly increase mainstream investor adoption of Solana. ETFs offer a familiar, regulated investment vehicle, potentially attracting those hesitant to directly engage with cryptocurrency exchanges. This broader investor base could bring increased liquidity and stability to the Solana market.
• Validation of Solana: The SEC's potential approval of the VanEck Solana Trust would serve as a significant validation of the Solana blockchain's technology and its potential for real-world applications. This recognition from a traditional financial institution could further bolster confidence in the Solana ecosystem.
However, it's important to acknowledge some key considerations:
• Regulatory Hurdles: The SEC has historically taken a cautious approach towards approving cryptocurrency ETFs. The VanEck Solana Trust will need to meet the SEC's stringent regulatory requirements before it can be launched. The approval process could be lengthy and uncertain.
• Market Volatility: The cryptocurrency market remains highly volatile. Investors considering the VanEck Solana Trust should be prepared for significant price fluctuations in the underlying SOL token, which will directly impact the value of their ETF shares.
In conclusion, VanEck's application for the first US-based Solana ETF marks a significant development for both the company and the cryptocurrency market. If approved, the VanEck Solana Trust could pave the way for wider investor adoption of Solana and further validate the potential of this innovative blockchain technology. However, investors should be aware of the regulatory hurdles and inherent price volatility associated with cryptocurrency investments.
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.