#SOL/USDT#SOL
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at a price of 155
We have an upward trend, the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 162.90
First target 167
Second target 171
Third target 176
SOLUSDTPERP
SOLUSDT: Bullish Momentum Building for a Potential All-Time HighSOLUSDT is demonstrating strong bullish potential after bouncing off a key support zone and breaking through a descending trendline. This breakout suggests a shift in momentum, indicating that we could see a significant upward movement in the near future. With the price gaining traction, traders should monitor the market for opportunities to enter positions as SOLUSDT approaches recent resistance levels.
To capitalize on this potential uptrend, consider placing entries on confirmed breakouts while managing risk with stop losses below the recent swing low. As bullish indicators align, the prospect of SOLUSDT reaching new all-time highs becomes increasingly likely. Stay vigilant, as this may be the beginning of an exciting phase for SOLUSDT traders!
SOLUSDT Currently trading at $146
Buy level: Above $146
Stop loss: Below $135
TP1: $152
TP2: $160
TP3: $175
TP4: $195
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SOLUSDT: Is the Next Surge Imminent or Will Bears Take Control?Yello, Paradisers! The question of the hour: Is #SOLUSDT gearing up for another big move, or is it about to hit a wall? Here's what we're seeing in the charts right now.
💎#SOLUSDT has shown impressive strength throughout this bull run, navigating within a parallel trading channel that consistently touches both support and resistance. So far, it's respected this structure with clear patterns and potential for further gains.
💎The pair has already completed an ABC pattern twice within this channel. This sets the stage for a potential 5th wave surge if the 4th corrective move holds as expected.
💎SOLUSDT has established a series of higher highs and higher lows. It seems poised for another higher high after a recent pullback potentially formed a higher low. A decisive CHoCH could signal the momentum needed for another upward move, pushing SOLUSDT beyond current levels.
💎The price has been defending a strong support level at $163.38. Holding this level strengthens the bullish case. The first significant test lies at $176.92. Breaching this resistance could open the gates to higher targets. If momentum continues, look for action around $186–$187.44.The top of this current setup and a crucial psychological barrier rests at $200.
💎If SOLUSDT closes a 4H candle below $157.84—the previous higher low—the bullish structure would break, and we might need to reassess potential downside risks.
💎SOLUSDT is at a make-or-break point. If support holds and a new higher high forms, we could see a significant move targeting higher resistance zones. Keep a close eye on how the price behaves near $163.38 and whether the momentum carries it to $176.92 and beyond.
Stay sharp and trade smart, Paradisers ! Consistency and a clear strategy are key to navigating these dynamic markets.
MyCryptoParadise
iFeel the success🌴
#Solana #SOL price is holding up better than #BTCCRYPTOCAP:SOL is holding up better than CRYPTOCAP:BTC
At least this conclusion can be drawn from the behavior of the assets in Q2 2024.
While #BTCUSDT price is being adjusted, #Solana buyers have managed to repel sellers' attacks 4 times over the past 3 months.
So:
1️⃣ as long as the #SOLUSDT price is trading above $120, this is a "long picture", perhaps even with sky-high targets of $650+
2️⃣ consolidation of the #SOLUSD price below the "red zone" can stimulate a good shedding to $90, and maybe even to $70
(maybe #FTX liquidators will find a large CRYPTOCAP:SOL "stash" and decide to sell it... and the crypto media will blow this event out of proportion, or something like that...)
So, what are your expectations for the #SOLUSDC price by the end of this year?
#SOL/USDT
#SOL
The price is moving in an ascending channel on the 1-hour frame and is sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 169
We have an upward trend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 176
First target 185
Second target 191
Third target 198
BTC and SOL Form Bullish Cup and Handle PatternBINANCE:BTCUSDT and BINANCE:SOLUSDT technical analysis update.
BTC and SOL are showing similar chart patterns, each forming a cup and handle. Currently, both SOL and BTC prices are trading within the handle, moving toward a potential breakout. If this breakout occurs, we could see a strong bullish move in both assets.
SOL has already risen 2600% from its bottom, and a breakout could potentially lead to a further 200-500% increase. BTC, on the other hand, has gained 360% from its bottom, and a breakout from this cup and handle pattern could yield an additional 100-200% upside.
SOLANA (SOLUSDT): Bullish Momentum Achieves All Targets!SOLANA (SOLUSDT) Analysis: Bullish Momentum Achieves All Targets!
Time Frame: 15-minute
Trade Type: Long
Entry: $168.54
Stop Loss (SL): $167.82
Targets (TP):
TP1: $169.43 - Achieved ✔️
TP2: $170.86 - Achieved ✔️
TP3: $172.30 - Achieved ✔️
TP4: $173.19 - Achieved ✔️
Technical Overview:
Solana (SOLUSDT) displayed a strong bullish trend, successfully hitting all projected targets in the 15-minute timeframe. The price maintained an upward trajectory supported by the Risological dotted trend line (a custom trend indicator) reflecting solid market support and increasing momentum.
Key Stats:
Volume: 2.91M (compared to an average 30-day volume of 14.55M)
Performance:
1 Week: +9.02%
1 Month: +11.98%
3 Months: -5.79% (slight retracement)
6 Months: +26.41%
Year-to-Date (YTD): +71.06%
1 Year: +448.54% (significant yearly growth)
The successful completion of all targets showcases strong buying interest and consistent volume support. With a sharp yearly growth rate, Solana’s current performance aligns well with its historical bullish trajectory. Traders who entered at the set entry point reaped the benefits as SOL maintained its bullish momentum.
SOLUSDT Cup and Handle Pattern Suggests Potential Bullish MoveSOLUSDT Technical analsysi uopdate
SOLUSDT has formed a cup and handle pattern on the weekly chart over the past 1080 days, which is a bullish signal. The price is currently forming the handle, and once it breaks above the handle's resistance, we can expect a strong upward move, signaling the continuation of the long-term uptrend.
Regards
Hexa
SOLUSDT Bullish Flag PatternSOLUSDT Technical analysis update
SOLUSDT has been forming a bullish flag pattern over the last 230 days. The price is now moving toward the flag resistance line for a potential breakout. Once the breakout occurs, we can expect a price move of 50% to 150%. Additionally, the price is trading above the 100 and 200 EMA on the daily chart.
Buy level: After confirmation of the breakout from the flag pattern.
Support Zone: 168.46-171.63
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(SOLUSDT.P 1M chart)
The important zones are three zones.
- 171.63
- 137.04-147.56
- 101.78
Therefore, you can trade depending on whether there is support near 171.63.
-
(1W chart)
The location of the BW (100) indicator is 202.68.
Therefore, the point to watch is whether it can rise from around 171.63 and rise above 202.68.
If not, since the HA-High indicator on the 1W chart is formed at the 168.46 point, we need to check for support around 168.46-171.63.
If it falls below 168.46, we need to check for support around 137.04-147.56.
-
(1D chart)
The HA-High indicator on the 1D chart is formed at the 179.77 point.
Therefore, the key is whether it can support around 179.77.
Currently, the StochRSI and StochRSI EMA indicators are in the overbought zone and the BW indicator is at the highest point (100).
Therefore, although it is showing strong upward strength, it will show a downward trend as the downward pressure increases over time.
At this time, the point to watch is whether it can receive support around 168.46-171.63.
If it receives support, I think it is highly likely that it will lead to an upward trend to rise above the 202.68 point as I mentioned earlier.
If not, and it falls, we should check whether there is support around 158.39, where the M-Signal indicator on the 1D chart is passing.
-
The arrow was created because the BW indicator touched the 100 point.
Since it has been maintaining the 100 point since then, the BW (100) line is not created.
If the price shows a downward trend, it will show a trend of creating the BW (100) line.
Therefore, it is recommended to proceed with trading according to the movement after the BW (100) line is created.
Therefore, it can be seen that the possibility of the BW (100) line being created at the 179.77 point is increasing.
Therefore, it is necessary to check whether it is possible to enter a short-term SHORT position.
-
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
It is expected that a full-scale uptrend will begin after rising above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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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.
$SOL - AnalysisCRYPTOCAP:SOL 4H
1. Harmonic Pattern:
- A potential harmonic pattern is observed, consisting of points X, A, B, C, and D.
- Point D is located at the 0.952 Fibonacci level, indicating the completion of the pattern, and there is an expectation of correction or reversal.
2. Order Block:
- An "Order Block" area is identified near the price peak (range of 156 to 160). This area could act as a strong resistance, with a likelihood of price reversal from this level.
3. Ascending Trendline:
- The price has reacted to an ascending trendline multiple times. This line can serve as strong support, and if broken, it could lead to further price declines.
4. Retest Area or Rise from Here?:
- Two potential scenarios are illustrated in the analysis:
- Bullish Scenario: After reaching the trendline, the price could pull back and move upward.
- Bearish Scenario: If the trendline support is lost, the price may decrease further and move toward lower areas (around 140).
5. Strong High Area:
- This area is marked as a very strong resistance above the price, which, if broken, could lead to significant upward movement, potentially reaching the range of 164 and above.
SOLUSDT Bullish Flag Pattern!SOLUSDT technical analysis update.
SOL has formed a bullish flag pattern on the 1H chart, and the price is now breaking the flag's resistance. The 100 and 200 EMAs are providing strong support at the flag's bottom, indicating the potential for a solid upward move in SOL
Regards
Hexa
Solana Roadmap!!!Today, I want to analyze the Solana ( BINANCE:SOLUSDT ) project for you; I hope it will be useful 😊.
First, let's have a fundamental analysis of the Solana project .
1. Network and On-Chain Performance :
Solana, using its Proof of History (PoH) technology, is known for high speed and excellent scalability.
The number of transactions and active users in its on-chain ecosystem continues to grow, and the total value locked (TVL) in DeFi protocols on Solana remains high.
However, network outages in the past have slightly damaged user and investor trust.
2. News and Developments :
Solana is actively collaborating with new NFT and DeFi projects, contributing to the growth of its ecosystem.
The development team is working on resolving technical issues and upgrading the network to enhance stability and security.
---------------------------------------------
Now, let's take a look at Solana's technical analysis .
When Bitcoin( BINANCE:BTCUSDT ) touched $50,000 on August 5 , Solana also touched $110 , with so much volume that these last two months' moves seem to be in the form of a correction , and we should expect another Solana correction .
According to the theory of Elliott waves , Solana seems to have completed the main wave 3 at $193.9 8 , so that the microwave 5 of the microwave 5 of the main wave 3 is truncated .
Before conclusion , let's take a look at the BINANCE:SOLBTC chart .
SOLBTC is moving in a Symmetrical Triangle in the daily time frame, and if SOLBTC starts to increase again from the lower line of the symmetrical triangle , we can hope that if Bitcoin experiences a sharp fall, the Solana project will fall less and vice versa.👇
I expect Solana to drop at least -20% after breaking the Support lines and move back to near the lower line of the descending channel . Factors such as outages or disruptions in the Solana blockchain network can lead to further modification of this token .
Educational tip : TradingView has released a new update for the Parallel Channel these few days, which can be very useful. I definitely suggest you visit this article .
⚠️ Note: If Solana can break the Resistance zone($164-$154), we should expect Solana to rise to $200. ⚠️
Solana Analyze (SOLUSDT), Daily time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
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.
BULL and BEAR targets for EOY and October (SOL)Hello Tradingview community!
As always: If these patterns I'm showcasing doesn't work as predicted..
then please don't come crying to me (ty) -> NFA DYOR
I have made the chart super simple to understand as you can see
We got an October target: 160ish zone (resistance)
and we got a bear and bull target for EOY
Bull EOY target: 200-250 (I find this the most likely)
Bear EOY target 100-110 (I don't find it likely, but i do consider it)
EDIT: in previous post I've stated if Bitcoin does "crash hard" to new lows
I could see SOL hitting even 80 dollars (i still find it unlikely)
Of course these are just ideas.. What do you think will happen EOY for COINBASE:SOLUSD ?
I'm more "bullish" than bearish clearly, but I do always keep those
bearish targets in mind.
BOOST the post if you like what you see
and Follow for even more post about SOL in the near future!
NFA DYOR <<<-----
#SOL/USDT#SOL
The price has broken the descending channel on the 4-hour frame upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have a downtrend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 126
Entry price 139
First target 145
Second target 152
Third target 162
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: $180
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$SOL $SOLUSDT Daily Bias UpdateI would have expected a stronger selling pressure from the supply zone that the price is currently in, but the price seems likely to target higher levels to grab more liquidity and mitigate extreme levels before going down.
Buys look more probable for now in lower time frames. I will look for sells as ( if ) I see strong liquidation and bearish momentum after price mitigating upper levels.
SOLUSDT Poised for a Major Move—Are You Ready?Yello, Paradisers! Have you been following #Solana's recent moves? Could it be headed for a significant correction before another rally?
💎After an impressive performance that outclassed many other coins, #SOLUSDT is struggling to break through resistance, largely due to Bitcoin's influence. But don’t be fooled by the stall! A potential dip to key support levels might be just what we need for the next leg up.
💎SOLUSDT is likely to drop to a crucial support zone between $123 - $116. This zone has previously acted as resistance and is where we last saw major liquidity being cleared out.
💎If the $123 - $116 area doesn't hold, the next probable stop is around $109.83, a significant support level that could offer a solid bounce opportunity, provided there's enough buying volume.
💎If SOLUSDT gathers enough strength after testing these supports, watch for resistance at $139.19, followed by $148.5, and a strong barrier at $160.4.
💎The bullish outlook flips bearish if we see a 12-hour candle close below $98.243. A breakdown here could shift the momentum and lead to a deeper bearish move.
Remember Paradisers , patience and discipline are key to riding this out. As always, we're monitoring every move closely to ensure we capitalize on the best opportunities! Stay sharp, Paradisers!
MyCryptoParadise
iFeel the success🌴
#SOL/USDT#SOL
We have an upward trend pattern on a 1-hour frame, the price is moving within it and adhering to its boundaries well
We have a resistance area in green at a price of 140 after the price touched it and rebounded from it
We have a trend of stability below the moving average of 100
We have a downward trend on the RSI indicator that supports further decline
Entry price 135
First target 132
Second target 130.24
Third target 128.40