Solana - This just faked out literally everybody!Solana - CRYPTO:SOLUSD - just faked out literally everybody:
(click chart above to see the in depth analysis๐๐ป)
Over the course of the past 25 days, Solana dropped a significant -30% and wiped out a ton of bulls before creating a complete reversal. Especially with the current horizontal support level, bulls are taking over again, offering us another major crypto trading opportunity.
Levels to watch: $120, $250
Keep your long term vision!
Philip (BasicTrading)
SOLUSD trade ideas
Serios Traders Trade Scenarios, Not Certaintes...If you only post on TradingView, you're lucky โ moderation keeps discussions professional.
But on other platforms, especially when you say the crypto market will fall, hate often knows no limits.
Why?
Because most people still confuse trading with cheering for their favorite coins.
The truth is simple:
๐ Serious traders don't operate based on certainties. They work with living, flexible scenarios.
In today's educational post, I'll show you exactly how that mindset works โ using a real trade I opened on Solana (SOL).
________________________________________
The Trading Setup:
Hereโs the basic setup Iโm working with:
โข First sell: Solana @ 150
SL (stop-loss): 175
TP (take-profit): 100
โข Second sell: Solana @ 160
SL: 175
TP: 100
I wonโt detail here why I believe the crypto market hasnโt reversed yet โ that was already explained in a previous analysis.
Today, the focus is how I prepare my mind for different outcomes, not sticking to a fixed idea.
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The Main Scenarios:
Scenario 1 โ The Pessimistic One
The first thing I assume when opening any position is that it could fail.
In the worst case: Solana fills the second sell at 160 and goes straight to my stop-loss at 175.
โ
This is planned for. No drama, no surprise. ( Explained in detail in yesterday's educational post )
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Scenario 2 โ Pessimistic but Manageable
Solana fills the second sell at 160, then fluctuates between my entries and around 165.
If I judge that itโs accumulation, not distribution, I will close the trade early, taking a small loss or at breakeven.
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Scenario 3 โ Mini-Optimistic
Solana doesnโt even trigger the second sell.
It starts to drop, but stalls around 120-125, an important support zone as we all saw lately.
โ
In this case, I secure the profit without waiting stubbornly for the 100 target.
Important tactical adjustment:
If Solana drops below 145 (a support level I monitor), I plan to remove the second sell and adjust the stop-loss on the initial position.
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Scenario 4 โ Moderately Optimistic
Solana doesnโt fill the second order and drops cleanly to the 100 target.
โ
Full win, perfect scenario for the first trade
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Scenario 5 โ Optimistic but Flexible
Solana fills the second sell at 160, then drops but gets stuck at 120-125(support that we spoken about) instead of reaching 100.
โ
Again, the plan is to close manually at support, taking solid profit instead of being greedy.
________________________________________
Scenario 6 โ The Best Scenario
Solana fills both sell orders and cleanly hits the 100 target.
โ
Maximum reward.
________________________________________
Why This Matters:
Scenarios Keep You Rational. Certainties Make You Fragile.
In trading, it's never about being "right" or "wrong."
It's about having a clear plan for multiple outcomes.
By thinking in terms of scenarios:
โข You're not emotionally attached to a single result.
โข You're prepared for losses and quick to secure wins.
โข You're flexible enough to adapt when new information appears.
Meanwhile, traders who operate on certainties?
They get blindsided, frustrated, and emotional every time the market doesnโt do exactly what they expected.
๐ Trading scenarios = trading professionally.
๐ Trading certainties = gambling with emotions.
Plan your scenarios, manage your risk, and stay calm. That's the trader's way. ๐
Solana - Here Comes The Bullish Reversal!Solana ( CRYPTO:SOLUSD ) might head for new all time highs:
Click chart above to see the detailed analysis๐๐ป
Just a couple of months ago, Solana perfectly retested the previous all time high and created an expected short term rejection. However, with the current major support area and a potential bullish reversal, Solana remains in a strong market, potentially heading for new all time highs.
Levels to watch: $120, $250
Keep your long term vision,
Philip (BasicTrading)
Is a great time for holding Solana?!Hello guys!
What I see:
Ascending Channel: Price has been moving inside a clearly defined upward-sloping channel since the start of 2023, showing a strong long-term uptrend.
33% Correction: Recently, SOL experienced a 33% correction from its local high, testing the previous breakout zone (highlighted in light blue). This area has now acted as a strong support.
Bullish Signal: Price is attempting to reclaim and close above a key horizontal resistance level (~$132), noted by the text: โIf the price closes above this level, then buy it.โ A close above this level would confirm a bullish reversal and suggest strength returning to the trend.
RSI Outlook: The RSI indicator at the bottom shows a potential reversal from the lower range, indicating possible bullish momentum building.
Projection: If the price successfully closes above the mentioned resistance zone, the structure supports a potential move toward a new high, as marked by the arrow pointing toward the upper channel boundary (above $250 and potentially up to $300+).
SOLANA's massive 1W MA200 rebound hints to enormous rally ahead.Solana (SOLUSD) made a very strong rebound on its 1W MA200 (orange trend-line) on the very first week of April. Now that the month is about to close, it has already completed three straight green 1W candles and is aiming for the critical 1W MA50 (blue trend-line) test.
If broken, we expect it to turn into a long-term Support again and target the Higher Highs of the Wedge at $350. After all, the 1W MA200 rebound also made contact on the 2-year Higher Lows trend-line of the Bull Cycle, so technically it is a massive Bottom cluster. The 1W RSI also broke above its MA last week, confirmed the buying pressure.
Given that the recent 3-month correction was -67.23%, identical to the last correction (May 2021) of the previous Cycle, we expect one final rally to the 2.0 Fibonacci extension at $900, if the Higher Highs trend-line breaks.
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Solana: More RoomSolanaโs countermovement of the green wave 4 has some more room on the upside. Once the wave-4-top is established (below the resistance at $192.33), we primarily anticipate a wave 5 sell-off down into the blue Target Zone on the downside (coordinates: $56.56 โ $29.87). In this range, the wave (ii) corrective movement should conclude, and the altcoin should start the next sustainable upward impulse. However, if the price rises above the mentioned $192.33 mark during the current upward movement (36% likely), this will suggest that the low has already formed via wave alt.(ii) in blue.
SOL/USD "Solana vs U.S Dollar" Crypto Heist Plan (Day/Swing)๐Hi! Hola! Ola! Bonjour! Hallo! Marhaba!๐
Dear Money Makers & Robbers, ๐ค ๐ฐ๐ธโ๏ธ
Based on ๐ฅThief Trading style technical and fundamental analysis๐ฅ, here is our master plan to heist the SOL/USD "Solana vs U.S Dollar" Crypto Market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is to escape near the high-risk Yellow MA Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. ๐๐ธ"Take profit and treat yourself, traders. You deserve it!๐ช๐๐
Entry ๐ : "The heist is on! Wait for the MA breakout (156.00) then make your move - Bullish profits await!"
however I advise to Place Buy stop orders above the Moving average (or) Place buy limit orders within a 15 or 30 minute timeframe most recent or swing, low or high level for Pullback entries.
๐I strongly advise you to set an "alert (Alarm)" on your chart so you can see when the breakout entry occurs.
Stop Loss ๐: "๐ Yo, listen up! ๐ฃ๏ธ If you're lookin' to get in on a buy stop order, don't even think about settin' that stop loss till after the breakout ๐. You feel me? Now, if you're smart, you'll place that stop loss where I told you to ๐, but if you're a rebel, you can put it wherever you like ๐คช - just don't say I didn't warn you โ ๏ธ. You're playin' with fire ๐ฅ, and it's your risk, not mine ๐."
๐ Thief SL placed at the nearest/swing low level Using the 4H timeframe (130.00) Day / Swing trade basis.
๐ SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
๐ดโโ ๏ธTarget ๐ฏ: 175.00 (or) Escape Before the Target
๐งฒScalpers, take note ๐ : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money ๐ฐ.
๐ฐ๐ต๐ธSOL/USD "Solana vs U.S Dollar" Crypto Market Heist Plan (Swing/Day) is currently experiencing a bullishness,., driven by several key factors. .โโโ
๐ฐ๐๏ธGet & Read the Fundamental, Macro, COT Report, On Chain Analysis, Sentimental Outlook, Intermarket Analysis, Future trend targets... go ahead to check ๐๐๐๐๐๐
โ ๏ธTrading Alert : News Releases and Position Management ๐ฐ๐๏ธ๐ซ๐
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
๐Supporting our robbery plan ๐ฅHit the Boost Button๐ฅ will enable us to effortlessly make and steal money ๐ฐ๐ต. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.๐๐ช๐คโค๏ธ๐๐
I'll see you soon with another heist plan, so stay tuned ๐ค๐ฑโ๐ค๐ค๐คฉ
How to Use Renko Charts for Drawing Support and ResistanceHow to Use Renko Charts for Drawing Support and Resistance Like a Pro
Most traders rely on candlestick charts to identify support and resistance zonesโbut if youโre still sleeping on Renko charts, youโre missing out on one of the cleanest ways to map market structure.
Renko charts filter out noise and only plot price movement, not time, giving you a stripped-down view of market momentum. Thatโs exactly what makes them powerful for spotting true support and resistance zonesโwithout all the clutter.
Why Renko Charts Work for Support & Resistance
Support and resistance are areas where price historically reactsโeither bouncing or reversing. On traditional candlestick charts, these zones can be hard to identify clearly because of wicks, time-based noise, and volatility.
Renko charts simplify that.
Because Renko bricks are only formed after a specific price move (like 20 pips or using ATR), the chart naturally filters out sideways chop and lets key levels stand out like neon signs.
How to Draw Support and Resistance with Renko
Hereโs a quick step-by-step process:
Set Your Brick Size
Use an ATR-based Renko setting (ATR 14 is common), or set a fixed brick size that fits your trading style. For swing trading, slightly larger bricks will work best.
Look for Flat Zones
Identify areas where price stalls or flips direction multiple times. These flat โshelvesโ on the Renko chart often line up with strong historical support or resistance.
Mark the Bricks, & Sometimes The Wicks
With Renko, youโre not dealing with traditional candlestick wicks. So your levels are based on the tops and bottoms of the bricks, not erratic spikes.
Check for Confirmation
If a level held as resistance and later flips into support (or vice versa), thatโs a key zone to mark. These โflip zonesโ are often hotbeds of institutional activity.
Bonus Tip: Combine with Price Action
Renko charts tell you where price is likely to reactโbut combining them with price action techniques (like engulfing candles, pin bars, or M/W formations on traditional charts) will give you a lethal edge.
Use Renko to mark the zone, then switch to candlesticks to fine-tune the entry. Best of both worlds.
If youโve been struggling to draw clean support and resistance levelsโor find yourself second-guessing your zonesโRenko might be your solution. Itโs not about fancy indicators or chart tricks; itโs about removing the noise so you can trade what really matters: structure and momentum.
Are you using Renko in your strategy? Drop a comment or shoot me a messageโI want to hear how itโs working for you.
Solana โ Bear Market Rally or Reversal?Like the rest of the crypto market, Solana started rebounding on April 8th, pushing more than 50% up from the recent lows. But just like with many altcoins, I'm not convinced this is a true trend reversal. Instead, it looks more like a classic bear market rally.
Letโs not forget: SOL is coming down from nearly $300. A bounce from $95 to $150 is strong, yesโbut in the bigger picture, itโs still just a correction.
๐ Key resistance zone: $160โ$170
As long as price remains under this zone, the probability of another leg down remains high.
๐ง My plan:
If Solana creates a new local high around $160, Iโll be looking to sell into the rally.
๐ฏ Target:
$100 at least, depending on how the market reacts.
SOLUSD Breaking Out โ Bullish Momentum Building for Long Entry Solana (SOLUSD) is showing strong bullish momentum after consolidating above key support at $120. A breakout above the descending trendline has occurred with increasing volume, confirming potential upside.
Iโm entering a long position with Entry one at $147 and entry two at candle close and retest above $150 aiming 150targets at $155 and $161, while keeping a stop-loss just below $143 for risk management.
solusdtThe breakout area has been successfully tested and we will see the next step, the drop to the shaded area.
*In principle, I am not a supporter of any direction, but I am only giving my point of view, which may be right or wrong. If the analysis helps you, then this is for you. If you do not like this analysis, there is no problem. Just ignore it. My goal is to spread the benefit. I am not one of the founders of the currency.
SOL/USD 1W Chart ReviewHi everyone, let's look at the 1W SOL to USD chart, in this situation we can see how the price came out sideways from the downtrend line which gave a bounce, however here it is worth paying attention to the trend line that was in force before the last price peak and here we can see that the price is still below this line.
Let's start by defining the targets for the near future that the price has to face:
T1 = 171 USD
T2 = 195 USD
ะข3 = 218 USD
ะข4 = 252 USD
Now let's move on to the stop-loss in case the market continues to fall:
SL1 = 134 USD
SL2 = 119 USD
SL3 = 95 USD
If we look at the RSI indicator, we can see how the bounce gave a return to the lower part of the range which still indicates that we have a lot of room to continue the started increases.
SOL - High Time Frame Technical EntrySOL #6
There are a few coins I am buying now based on the 2 week candle that just closed.
SOL is one of them.
It has printed what appears to be a very tidy high time frame, 3 wave, 1:1.618 Golden Window correction.
The 2 week candle just closed is a bullish long wicked hammer that bounced from within the Golden Window band; just beyond the 1.618.
And so we have the price action signalling that the 1.618 GW has a decent chance to have captured a high time frame pivot low.
If it has then this is now the next wave up.
Worth noting also that although the correction may not appear too deep, this chart is in log and thats a 67% drawdown since January.
Its not too far off the percentage loss of a Bitcoin bear market.
Could wobble in low time frame; who knows really...
I bought more here ๐.
Not advice
Weekly plan for SolanaMarked the important levels in this video for this week and considered a few scenarios of price performance
I would like to see price support at the 130 level
Write a comment with your coins & hit the like button, and I will make an analysis for you
The author's opinion may differ from yours,
Consider your risks.
Wish you successful trades! MURA
Solana - weekly planMarked the important levels in this video for this week and considered a few scenarios of price performance, also in this video I considered the global possible price movement
Important level for this week at $140
Write a comment with your coins & hit the like button and I will make an analysis for you
The author's opinion may differ from yours,
Consider your risks.
Wish you successful trades! MURA
Solana Wave Analysis โ 25 April 2025- Solana broke resistance zone
- Likely to rise to resistance level 176.45
Solana cryptocurrency recently broke the resistance zone between the key resistance level 145.75 (top of the previous correction A from March) and the 61.8% Fibonacci correction of the downward impulse from last month.
The breakout of this resistance zone accelerated the active impulse wave C, which belongs to the ABC correction (2) from the start of April.
Given the bullish sentiment across the cryptocurrency markets today, Solana can be expected to rise toward the next resistance level 176.45 (former strong support from December to February).