SOLUSD / 1H / TECHNICAL ANALYSIS BINANCE:SOLUSDT Resistance at 100, support at 88, stop at 84. My target for wave analysis is 98.81 Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Good luck Longby TraderTilkiUpdated 559
$SOL SolanaThe last few days suggest to me that SOLANA is in it's early stages of a large impulse wave. The correction of exactly to .236 is the reversal point that usually kicks into leg 3. $102 will meet resistance but if it breaks above that then my target for leg 3 is around $163. Solana appears to be more bullish than ETH and BTCLongby huy221228
Solana's Clear Plan Update 1.1Looking at Solana on a 1W time frame: I've added the Fib Extensions and Retracements from the Maximum low and high, they are in my opinion the ones that matter most. I also included the Bull Market Support Band derived from BTC, which would indicate it could come into effect near where the wave 4 retracement could interact in a support way for more confluence near the channel boundary, also giving us a time estimate of when it will arrive there in a few more weeks... BMSB = 21w SMA & 20w EMA Further confluence with BTC which could be doing a similar move down to it's BMSB by Pouncer626Updated 6
Solana's Clear PlanNotice the Very Significant Loop in Solana's Price indicated by the Orange Line! This Predictive Model is based on a Channel. Notice the Action happening on the Center Line of the Channel! The Plan is Down then Up! (Not to be confused with Up then Down) There is some Elliot Wave stuff that suggests, if all goes according to plan, we are in a Wave 4 correction that should be equal in length to the Wave 2 at the bottom beginning of the Channel and itself complete by striking the bottom of the channel in a time consuming manner. After the successful Wave 4 is completed, it should result in a Wave 5 to the Upside, containing the "loop" Anomaly and probably happening in a shifty, premature manner, resulting in anyone who hopes to get in as low as possible suddenly finding themselves fomo'ing in at the top instead. Remaining Wave 4 in Red Wave 5 in Green This Chart can Accurately be described as a 100% Prediction of Future Price Movement. And Lastly! Deuteronomy 8:18a But thou shalt remember the LORD thy God: for it is he that giveth thee power to get wealth...by Pouncer626Updated 6
$SOL Surge: Charting the Path to a Potential BreakoutI am liking the COINBASE:SOLUSD chart, feels bullish. The pattern here is a sign of resilience in a market that's starting to recover from strong selling by Greyscale and others. This correction, marked by a sequence of higher lows connected by a descending trend line is on the verge of breaking higher. A break past this trend line, coupled with a volume increase, creates a potential reversal to continue the earlier pump. The RSI, sitting in the mid-range, steers clear of the overbought or oversold territory, suggesting a market that's charging up, ready for action. The Money Flow Index mirrors this stance, stable at around 50, indicating a balanced buying and selling pressure. It's not just the chart that is worth paying attention to with Solana; it's the overall narrative and hype behind the coin. Solana's "committed" to scaling blockchain for wider adoption through fast, secure, and censorship-resistant blockchain infrastructure. Will they do it? Time will tell. I have a small bag already and keeping my eyes on Solana, not solely for its upside potential but as a key player in the blockchain ecosystem. Will Sol ever overtake ETH? And if so, when? These are market speculations; any negative shifts in market sentiment could overturn these predictions in the short to medium term. If we see a market 'nuke', all bets are off.Longby mikerays4
SOLUSDSOL has been in a descending triangle since Dec 23rd after a major um to the upside above the $81, resistance and held above it while in this triangle pattern, as you can see it has broken out above the first trendline with good volume which is the 4HTF, waiting for a second breakout above the weekly TF also with good volume and momentum before adjusting my entry to ride along to major resistance @ $151. NB' Long term Trade.Longby THE_KLASSIC_TRADER7
Solana Goes HIGHERStill people have PTSD from bear market and too many post charts with arrows down to 3 USD. WAKE UP! Just buy the coin and enjoy your pre-richness. dont fight it! Solana has upcoming catalysts like LSE:JUP airdrop launch, $DRIFT token is starting to launch soon and other projects like Kamino, Parcl and MarginFi are also in the middle of their points campaigns/token launches. All this is a massive injection of liquidity into the ecosystem. and i only talked about legit projects, not the meme-coins. ETH is for the boomers and for the people who like the 3% APY for staking. Using the chain is too expensive and new users will onboard to SOL first. Back to CRYPTOCAP:SOL : Coin took a break and used volatile swings during last weeks to shake out week investors and rotators. The RSI is coiling up to turn green on the 12H and 16H - imporant zones are pointed out in the chart. First to 100, 125 up to 140. Let's see how quickly this is achieved. We will update here accordingly. Enjoy the RIDE.Longby zymmetricUpdated 6
SOLNow that we have reclaimed 86/87 after deviating below 86/87 support what if we simply sned higher from here?Longby jhonnybrah8
Solana ScalpingI will BUY solana for a move to 91 and wait for next bearish move?Longby CryptoKampungUpdated 4413
86.80 = local supportSOL seems to like 86.80 for local support. Looking for bullish continuation back over the 21D EMA (red) as targets for BTC are also higher to around 42k. 93 is still on the radar but hurdles getting there include the orange TL and the weekly level at 93.27 (purple). Longby MtGoxFX2
SOL Price Warns A 30% Decline or Bullish RevivalPause at $120: The bullish reversal trend in SOL price takes a breather, hinting at a short-term pullback from the $120 level. Volume Decline: A decrease in trading volume accompanies the pullback, suggesting a potential for rebound if buyer dominance is maintained around $90. Bearish Breakdown Alert: A fall below the 50-day EMA could trigger a significant 30% price drop, potentially down to the $66 threshold. Recovery Signs: Despite market challenges, SOL's 5% surge signals a potential bullish resurgence, though caution is advised due to possible retest implications. Market Sentiment Shift: The fluctuating market sentiment and SOL's indecisive price action suggest upcoming sharp movements, warranting a close watch. Morning Star Pattern: The formation of a morning star pattern at $80, alongside the 38.20% Fibonacci level, hints at a bullish recovery for Solana. Trading Volume Spike: An uptick in trading volume accompanies the recent price surge, bolstering the case for a sustained uptrend. Recovery or Retest?: The current price jump, while promising, may also serve as a retest following a triangle breakdown, keeping traders on edge. RSI Indicator: The RSI's recent slump raises concerns, but the emergence of a morning star pattern could herald a reversal if bullish momentum continues. Bull Run Potential: If the recovery holds, SOL could soon revisit and possibly surpass the $100 mark, offering a strategic entry point for investors. Downside Risk: A breach below $80 could drastically alter the market dynamics, with a potential slide towards $50 if bearish pressures intensify.Longby Coinpedia-Market-Insight2
✴️ Solana Renko | No Room For Guessing! $630+ (23X) New ATHLook at this, this weekly Renko chart for Solana leaves absolutely no room for guessing. The trend is changing, new All-Time Low, it seems like we are looking at a true bottom. Look at the volume... Isn't that a bit too revealing? Anyway, the long-term target is set beyond $630. I am not showing it here because it would completely mess up the chart. You can scroll up to find it. Renko is good to spot the trend. We were on a strong downtrend and signals are going out based on this chart telling us of a new uptrend. Potential is 23X long-term target/new All-Time High. This is just a projection of course, can be less, can be more... Namaste.Longby AlanSantanaUpdated 202056
Smart money 2 contractions will magnetize SOL Two hidden pivots, compare both. Vwap agree with hidden pivot line. Estimated pivot trend is a calculated trend to have an idea based on smart money reactions. Each dip are points where SM will react too. The rejection will be the Point of interest. Look out for smart money bluff. Will eventually continue the rise at some other day. Longby The_ForexX_MindsetUpdated 666626
SOL SOLANA SOLUSD Update Jan 25 2024Sharing Solana update here from TTR: I havent updated SOL since after I took nice profits on it. Here is a potential wave 2 setup down, which should bottom around April or May. It seems that ABC down is in play now, with A being in place on that 23rd Jan low, or it can be printed anytime now, not later than the end of the month or so. The B wave is expected to hit around the middle of Feb, and the C wave down into the Apr low - B wave target is 108-116 - C down should bottom at or below 68.50 I will update the bull targets when we are near the C wave low. Everyone should be making money on all of our crypto updates; just don’t use any leverage and options!!! As the timing is always an issue, the best way is to accumulate when the price is going down at support levels and hold for the rally to begin.Longby TheTradersRoom3
Flag to 93.41 tgt..?Looking for bullish continuation after end of day close to around 93.41 or more, based on flag pattern. Confluence with 21D EMA (red) and H1 VPOC. Once SOL hits this range, I would expect a rejection and to head lower. Since this is on the H1, i expect this all to play out over the next 12 hours. by MtGoxFX336
SolUsdI believe that Solana will double the price in the next year and a half to two years. which means that it will reach $170. But it has to give me a reversal pattern for an eventual buy. IALongby ImSoloInvestor2
Solana: $130+ Target is currently $76 where I am expecting a reversal back towards $130. All time highs on Solana is well over $200 and I love this setup. Originally had this set up as a MMXM model and now I am focused on it returning to the original order block that started the accumulation phase. Anytime we find two demand zones, should be focused on the 2nd the best position. Longby Macks_MoneyTree6
Corrective pattern for the second waveDear Friends, I hope this message finds you well and that you're having a great start to the week. I wish you success in your business endeavors. As someone interested in the Elliott Wave principle, I find it a valuable tool for analyzing the market. I have developed my approach by combining this principle with my personal experience and by considering various scenarios that are likely to occur in the market. I am sharing my analysis with you, but please note that I am not providing any buy or sell signals. I aim to share my unbiased analysis with you so that you can use it as a guide to make informed decisions. In the attachment, you will find my previous analysis of the same market, so you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand (although having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily). I have been studying the Elliott Wave principle for almost three years now. With time, my understanding of this knowledge and experience has increased. What I have achieved so far is a legacy of a genius named Ralph Nelson Elliott, and I am truly satisfied with my progress. May his soul rest in peace and his memory be cherished. Thank you for your support so far. I am grateful and will always remember your kindness. Please feel free to share your thoughts and feedback with me. I hope my analysis will be useful to you in your business journey, and I wish you all the best. Sincerely, Longby mehdi47abbasi795517
Pressurized At $80, Will SOL Price Fall To $50?Pullback at $120 Mark: SOL's bullish reversal pauses, hinting at a short-term pullback. Possible Bounce Back Scenario: Declining trading volume suggests a potential rebound if buyers maintain strength at around $90. Risk of a Significant Drop: A breakdown below the 50-day EMA could trigger a 30% price drop to approximately $66. Bearish Breakdown Warning: SOL faces a critical downturn as it slips below the $100 level. Fibonacci Level Test: SOL currently testing the 38.20% Fibonacci level at around $82. Liquidation of Long Positions: A significant amount of SOL long positions liquidated, indicating bearish sentiment. Technical Indicator - MACD: The MACD shows a bearish trend, with increasing bearish momentum. Crucial Support Levels Under Pressure: The $80 mark emerges as a critical support level, possibly providing an entry point for buyers. Downside Risks: A fall below $80 could intensify the sell-off, pushing SOL towards $66. Bear Market Impact on SOL: The current market trend questions SOL's recovery potential in 2024. Impact of Overall Market Sentiment: The broader crypto market downturn affects Solana's price trajectory. Watching Key Technical Levels: The SOL price movement near key support and resistance levels will be critical in determining its future direction.by Coinpedia-Market-Insight6
Sol lessons learnedAfter calling the Sol top I thought I could catch a quick compression and upward breakout before a deadcat. Boy was I wrong, the trend is your friend, and the trend was bearish. When Total3 and Bitcoin / coin stock started reversing the entire market should have been obviously bearish. This is exactly why I do not trade leveraged futures for crypto. I also rarely trade things I do not want to own long-term, this allows me to sit in my spot or stake and chill while I plan my next move. I share these charts because I do sometimes add to positions heavily on strongly favored setups, or I will shorter term trade sections of the tokens to build up stablecoin reserves.Shortby Apollo_21mil5
SOLANA: Buy zone 77-82If BTC price continues to correct, expect the entire market to follow. A goo buy zone could be in the 77-82 area. to invert the short term bearish trend we need a strong close above 94. by RF_Trading223
SOLUSD Bearish chart patternCOINBASE:SOLUSD 📉 Solana Analysis: Descending Triangle Alert! 🚨💔 Hey Solana traders! 🌐📉 Ready for a deep dive into the charts? Let's unravel the current Solana scenario. 🕵️♂️💹 📉 Descending Triangle: 🐻 Brace yourselves – we're in a descending triangle, a bearish chart pattern signaling potential downward pressure. 📉🔻 🧐 Bollinger Band Indicator: Trending below the middle Bollinger Band, a bearish signal that could suggest further downside. 📊📉 🎯 Fibonacci Analysis: Fibonacci doesn't lie! A potential price target of $62 is on the radar, with rejections in the golden pocket indicating a crucial resistance zone. 🎯💰 📉 200-Day EMA: Eyes on the 200-Day Exponential Moving Average (EMA) – a key indicator that could influence the overall trend. 📉📈 🤔 What's Next?: As we navigate these chart patterns, share your thoughts! What's your take on Solana's potential moves? Let's discuss strategies and insights. 💬🚀 Remember, this isn't financial advice – just chart analysis in the crypto jungle. 🌐🔍 Comment below with your Solana predictions and let's trade smart! 🚀📈 #SolanaAnalysis #CryptoChartsShortby MasterChef23227
IHS and Flag patternsI'm seeing a triangle bottom with an IHS confluence at a strong LTL. This has a good chance to kick off a run to around $145. Possible dip lower again on the triangle before climbing down to around 91.34-ish perhaps. We could also just rise from here. Longby MtGoxFX5