Solusdtsignal
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.
Sol bullish buy setup ideaSol is very strong as always and in bullish trend overall. That's why I will look for long oppertunities. As we can a clearly on chart a B O S in bullish side. So we will look for order block with fvg and also having sell side liquidity build up. And we got that around 175$ area which is my POI for long position.
SOLUSDT Potentially BullishBINANCE:SOLUSDT has done better than I anticipated from the $22 entry and it looks like it is giving another entry setup. Will this move take us back to the $211 mark and go beyond? This remains to be seen as the new found support holds.
Past Results does not guarantee future results, do your due diligence. #SOLUSDT
SOL : go to big price📊Analysis by AhmadArz:
🔍Entry: 165.66 - 159.85
🛑Stop Loss: 153.05
🎯Take Profit: 173.94 - 184.54 - 194.83 - 203.74
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SOLUSDT Anticipated Return to Previous All-Time Highs Imminent!!After a sustained period of growth followed by a healthy retracement,SOLUSDT is gearing up for a significant upward movement. Market indicators suggest that the cryptocurrency has undergone a necessary correction, setting the stage for a resurgence towards its previous all-time highs. With investor sentiment buoyant and technical analyses signaling bullish momentum, SOLUSDT appears poised to reclaim its former glory and potentially surpass previous ATH levels.
SOLUSDT (1D Chart) Technical analysis
SOLUSDT (1D Chart) Currently trading at $137
Buy level: Above $132
Stop loss: Below $105
TP1: $150
TP2: $175
TP3: $210
TP4: $260
Max Leverage 2x
Always keep Stop loss
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Solana Surges in Profitability, Outpacing Ethereum for the FirstIn a significant development for the cryptocurrency landscape, Solana (SOL) has emerged as a more economically profitable blockchain than Ethereum (ETH) for the first time ever. This news comes amidst a strong year for SOL, which has significantly outperformed Ethereum in terms of price gains as well.
Solana's Profitability Milestone
On-chain analyst Leon Waidmann reported this milestone, highlighting a chart that depicts the total economic value (TEV) of both Solana and Ethereum over a specific period. TEV considers transaction fees and Maximum Extractable Value (MEV) to determine the overall economic profitability of a blockchain. This suggests that Solana's network activity is currently generating more economic value for its validators compared to Ethereum.
This newfound profitability is likely due to Solana's key advantage: its blazing-fast transaction speeds and significantly lower fees compared to Ethereum. These factors have attracted a surge in user activity on the Solana blockchain, leading to a rise in transaction fees and MEV.
Ethereum's Challenges
Ethereum, the dominant smart contract platform, has been plagued by scalability issues for some time. The network often experiences congestion, resulting in high gas fees that can deter users and developers. While Ethereum is undergoing upgrades to address these issues, the process is ongoing.
Solana's Price Performance
Solana's economic momentum translates well to its price performance in 2024. SOL has significantly outpaced Ethereum in terms of returns year-to-date. As of May 20, 2024, Ethereum has delivered a respectable 31.5% return for investors. However, Solana has surged by an impressive 61.5%, currently trading comfortably above the $160 support level.
This price surge reflects growing investor confidence in Solana's potential. The faster transaction speeds and lower fees make Solana a more attractive platform for developers to build decentralized applications (dApps) upon. Additionally, the increasing adoption of DeFi (decentralized finance) protocols on Solana further fuels its growth.
Looking Ahead
Solana's newfound profitability and strong price performance mark a significant development in the ongoing competition within the blockchain space. While Ethereum remains the industry leader in terms of market capitalization and established dApps, Solana poses a serious challenge with its superior scalability and lower costs.
The coming months will be crucial in determining the long-term trajectory of both platforms. Ethereum's success hinges on the successful implementation of its planned upgrades. Conversely, Solana will need to maintain its network stability and attract a wider range of high-quality dApps to solidify its position.
Investor Considerations
The recent developments highlight the importance of considering both economic factors and price performance when evaluating cryptocurrencies. While Ethereum boasts a larger ecosystem, Solana's recent surge in profitability suggests it could be a more lucrative investment for validators.
Investors with a long-term perspective should consider the potential of each platform to overcome its current challenges. Ethereum's established network may prove more resilient in the long run, while Solana's faster and cheaper transactions could attract a broader user base. Ultimately, diversification across these leading blockchains might be a prudent strategy for investors seeking exposure to the ever-evolving cryptocurrency landscape.
SOLUSDT Elliott Waves AnalysisHello friends.
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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!
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It's not financial advice.
DYOR!
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.
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.
Solana Surges: Can It Break Past $204 Resistance?Solana (SOL) has defied the recent crypto market slump, surging nearly 15% and reclaiming the crucial $150 resistance level. This positive momentum has analysts excited about the possibility of further gains, with $204 emerging as the next key hurdle to overcome.
Breaking Through Resistance
The recent SOL price increase follows a period of consolidation. After finding support around $138, Solana staged a breakout above the $150 resistance level. This bullish signal is further bolstered by the price now trading above the 100-hourly simple moving average, an indicator often used to gauge short-term momentum.
Technical Analysis Paints a Bullish Picture
Technical indicators on the hourly chart add weight to the bullish sentiment. The SOL/USD pair successfully breached a key bearish trend line with resistance at $148. This breakout suggests a shift in market control from sellers to buyers. Analysts believe that if SOL can maintain its position above $158, a clear path towards the $165 resistance zone opens up.
Recent Developments Fueling Optimism
Several recent developments are likely contributing to Solana's positive price movement. The highly anticipated launch of staking on Robinhood, a popular trading platform, has undoubtedly boosted investor confidence in SOL. Staking allows users to earn rewards for holding their crypto assets, making SOL a more attractive investment option.
Furthermore, Solana's continued focus on innovation with the introduction of its new Liquidity Layer is another factor generating excitement. This layer aims to improve decentralized exchange (DEX) functionality on the Solana blockchain, potentially attracting more users and developers to the platform.
Challenges on the Horizon
Despite the current bullish outlook, some analysts remain cautious. Overcoming the $165 resistance level will be a significant test for SOL. If the price fails to hold above $158 and falls back below $150, it could indicate a potential reversal in the uptrend.
Moreover, the broader cryptocurrency market remains volatile. A significant downturn in Bitcoin (BTC) or Ethereum (ETH), the leading cryptocurrencies, could trigger a sell-off in SOL, even if its own fundamentals remain strong.
Looking Ahead
Solana's recent surge is a welcome sign for investors who believe in the project's long-term potential. The successful break above $150 and the positive technical indicators suggest that the momentum is currently with the bulls. However, the $204 resistance level presents a significant challenge.
Close attention should be paid to whether SOL can maintain its gains above $158 and how the broader cryptocurrency market performs. If these factors align, there's a good chance Solana could continue its upward trajectory and establish a new price floor above the current resistance level.
Disclaimer: This article is for informational purposes only and should not be considered financial advice. Please consult with a financial professional before making any investment decisions.
Solana Price Puzzle: $165 Breakout or $131 Plummet?Solana is trading in the middle of the daily range zone between $131 and $165, where (1) it can move from in either direction and (2) the price action is expected to be slow and choppy.
A bullish break-out of $165 will push SOL towards $205 and, possibly, higher.
It is yet to make a higher high relative for the most recent swing and until then there is a a risk of bearish move towards $131 and, if broken to the downside, lower to $113.
Solana's Intraday Surge: Will $157 Mark the Path to $170?Yesterday, Solana moved bullish in the H4 chart towards $157.
1. A bounce off $150, followed by a bullish surge to $157, could pave the way for $169-$175. However, reclaiming $157 is essential first.
2. A move to below $143 may exert further downward pressure towards $137 and $131, the key intraday support, with expectations for a slow and choppy price movement in this scenario.
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SOL: ny money management📊Analysis by AhmadArz:
🔍Entry: 134.97
🛑Stop Loss: 130.59
🎯Take Profit: 139.35 - 143.91
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
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SOL/USDT It shows will be back test on the support trendline!💎 Paradisers, #SOL is indeed attracting attention as a coin worth keeping a close eye on.
💎 After facing rejection at the resistance area, SOL appears poised to retest the support zone around $127 - $116. This zone not only represents a local support but also coincides with a support trendline.
💎 A successful bounce from this area would signal bullish strength, potentially propelling the price upward to reattempt breaking the resistance around $162 - $169.
💎 If this resistance is breached with a successful bounce, it could pave the way for further upward movement, ultimately aiming for our target strong resistance area.
💎 However, should SOL fail to find support and instead break below the support area, it would raise concerns as it would not only invalidate the local support but also breach the bullish trendline support.
💎 In such a scenario, the price could descend towards the last bullish stronghold at the demand zone around $105. This could lead to SOL entering the oversold territory on the RSI indicator, typically below the 30 RSI mark. If SOL bounces from this oversold condition, attention would shift to reclaiming the $127 support area to resume the upward trajectory.
💎 However, if SOL breaks down below the demand area, it would confirm a bearish trend in the short term, signaling further potential downward movement.
MyCryptoParadise
iFeel the success🌴
ICT Short Setup Intraday SOLUSDTHello Traders,
Our AI system detected that there is an ICT short setup in SOLUSDT as scalping,
Please refer to the details Stop loss, Supply Zone(Sell Zone), TP 1 and TP2 for take profit.
For more ideas, you are welcome to visit our profile in tradingview.
Have a good day!
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SOL: back to latest renge📊Analysis by AhmadArz:
🔍Entry: 143.96
🛑Stop Loss: 125.30
🎯Take Profit: 159.64 -190.98
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
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#SOL Below 50 USD in Future I am also confused about what problems might arise in SOL. But the technical chart on the daily time frame is indicating that SOL will crash in the coming time and could go below $50. I would be happy in the future if my analysis proves wrong. But if you are long in SOL futures or margin, you should definitely reconsider this once.
SAFE TRADING.. SOL IS NOT SAFU..
SOL: sell in cycle📊Analysis by AhmadArz:
🔍Entry: 180.85
🛑Stop Loss: 187.18
🎯Take Profit: 175.44-169.76-163.92-156.88-150.02
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!