Solana Sink HoleThere is a possible H&S forming and if it does complete its structure the price of Solana would be low.
SOLUSD trade ideas
SOLUSD BUY6 FEB 2025
Bought 1.4 SOLUSD at 195.00
We are near -2.5 Standard Deviation Range.
The chances of it staying here are slim.
Also paired with the liquidation heat maps.
Seems like an easy gain.
Scalping & Mid-Term Analysis for SolanaMarket Overview:
Trend: Solana is in a clear downtrend, with lower highs and lower lows forming a bearish structure.
Key Levels:
Resistance: ~$199 - $202
Support: ~$185 - $190 (weak) and ~$175 (stronger)
Indicators:
MACD: Bearish crossover, showing ongoing downside momentum.
EMA: Solana is trading below the 50 EMA, confirming sellers are in control.
Volume: Declining, indicating lack of aggressive buying interest.
🔥 Scalping Strategy:
🩸 1. Range Scalping (Short-Term Play)
Why? Price is attempting to stabilize near $185 - $190, but with weak buying pressure.
How?
Buy near $185, aiming for a small scalp to $195 - $199.
Sell near $199 - $202, as resistance is strong.
Stop-loss below $182, as further downside risk exists.
🩸 2. Breakout Scalping (If Volatility Kicks In)
Trigger: A breakout above $202 or breakdown below $185.
Execution:
If SOL breaks $202, scalp long targeting $210 - $215.
If SOL drops below $185, scalp short to $175 - $170.
🩸 3. EMA Scalping
Why? SOL is consistently rejecting the 50 EMA, meaning shorting resistance is effective.
Execution:
Short near EMA (~$195 - $200) if price fails to reclaim it.
Go long only if price reclaims EMA with strong volume.
🔥 Mid-Term Trend Forecast (1-3 Weeks)
Bias: Bearish → Neutral
Why?
Continued lower highs, signaling no recovery momentum yet.
Breakdown from $210 - $200 resistance confirmed bearish dominance.
If SOL fails to reclaim $200+, expect a retest of $175 - $170 before stabilizing.
Only a strong move above $202 can trigger bullish recovery to $215 - $220.
🔥 News & Market Context:
No major bullish catalysts, meaning Solana lacks a strong recovery trigger.
Liquidity grab scenario likely, where market makers push SOL below $185 before reversing.
Watch for Bitcoin's impact, as SOL follows BTC’s overall market direction.
🔥 Decision: Enter or Stay Out?
🩸 Short-term: Range scalping is viable, but only with caution.
🩸 Mid-term: Bearish unless SOL breaks and holds above $200+.
🩸 Ideal Play: Look for shorts on resistance rejection and avoid longs unless $202 is reclaimed.
👑 Final Verdict:
Solana is still in a bearish phase. If it fails to break $200, expect a deeper correction to $175 - $170. 🔥
SOLUSD possible pathBlue support line repeat. I would buy on support and with stoploss just below. Blue channel converging with blue support line might show date for next run give or take.
SOL 4-hour .. UglySOL is considered a Major now.
Indicators are looking mighty exhausted and overbought now.
I think money from the majors will slide into alts for a ride then slide back into the majors.
PA could do one last spike upwards before the grand slide downwards.
All this "Trump Crypto CZAR" epic political ruckus, could perhaps hold the Majors with HIGH strung out indicators which keep bouncing off the ceiling and PA with all crypto goes widely insane "to the moon"
"if it does go Parabolic"
Target Prices: $371.oo ~and~ $415.oo
Long Term hold and sell: after $600.oo breaks
That takes a lot of the worlds money to push insanity prices to insanity levels... make sure to take money off the table on the way up.... the drop will be epic as traders cash out.
All in all, I have "No Money" ever invested in SOL.
I wanted to post my first look into SOL and watch for a future set-up, I am becoming very interested in SOL.
Unfortunately my first post is an overwhelming PA move to the downside at some point soon, which forces me to place a "short" call-out on this published idea.....remember a possible spike up before the larger move to the downside.
SOL (SOLANA) is going to touch 420 - DO NOT IGNORE Crypto TradeI AM THE CRYPTO CHIEF
I AM THE FOUNDER OF CHIEF ANALYSIS
Sometimes (Like in the recent past) I over exaggerate my idea to capture your attention and provide you with meaningful information for your own benefit of course. I don’t get paid by Trading View to post these idea. I AM just another crypto trader living in Paris , managing multi million portfolio of my investors, enjoying my life, producing music (Trap Hiphop) with my goons and my Egyptian Turkisk Angora. (He is male by the way, I call him Bruno) So the question arises, Why I post these ideas?
Because my ANALYSIS is always right.
Now listen to ME yall mean comment hurling keyboard captains
SOLANA is going to touch 420+ very very very soon.
Apart from Fundamental Infractions - My Slant Support is ready to thrust SOL, firstly to 230 then 280 then my Main Intervene Support will push it further to 360 (I am excluding all the drama, like temporary corrections and liquidation wicks to clear out high leverage gamblers—-I AM stating just the Bullish Trajectory) So I was saying, After 360, SOL won’t crash it’ll further grow up to 420 with ETH at 5K.
Welcome to BULL RUN my fellow Earth Dweller.
In the last: I WOULD LIKE TO SHOW MY DEEPEST LOVE AND GRATITUDE TO TRADING VIEW AND ALL THE BRILLIANT ONES RUNNING THIS PLATFORM.
I LOVE YOU T.V and I promise until I hibernate I will upload as much valuable ideas to elevate your vision of making a better world for our next ones to come.
CRYPTO CHIEF Signing Out
EDUCATION: Using RENKO Charts to Trade Crypto Like a ProRenko charts strip away the noise of traditional candlestick charts, making them a powerful tool for trading crypto. Instead of plotting price movements based on time, Renko charts focus purely on price changes, filtering out the wicks and erratic movements that make crypto trading so volatile.
Why Use Renko for Crypto?
Crypto markets never sleep, and their constant fluctuations can overwhelm traders. Renko simplifies this by helping you:
Spot Trends Clearly – No distractions from minor price fluctuations.
Reduce Market Noise – Filters out insignificant moves and focuses on real momentum.
Identify Support & Resistance – Renko blocks highlight strong price levels better than traditional charts.
How to Set Up Renko for Crypto Trading
Choose an ATR-Based Brick Size – A 14 or 13-period ATR setting adapts to market volatility.
Identify Key Levels – Look for trend reversals, double tops/bottoms, and support/resistance zones.
Use Confirmation Indicators – Pair Renko with moving averages or RSI to confirm trades.
Renko is a game-changer for crypto traders who want cleaner, more actionable charts. Have you tried trading crypto with Renko? Drop a comment and share your experience! 🚀 #CryptoTrading #RenkoCharts #Bitcoin
Another dip coming? Solana price bounced back strongly yesterday and formed a daily candle with a massive bottom wick. It is very bullish. It was a great buy the dip moment for spot buyers and intraday traders. However, if you are swing trading with leverage, the momentum is still bearish. I think it is not the time to open a long position for the following reasons:
Weekly:
1) Price is still trending up along EMA 21, but it is starting to drop below it.
2) Momentum indicators are forming negative divergence.
3) MACD and RSI are still in the bull territory, however, Stochastic had tried to move to the bull zone but failed and now moving to the downside in the bear zone.
Daily:
1) Daily MACD and RSI are pointing to the downside and they are about to enter the bear zone.
2) Daily stochastic have reset and moving to the upside, so it is a sign of recovery to the upside, but it is not supported by price action.
3) The price dropped to EMA200 and bounced, but it failed to move about the previous low ($222) and also closed just under EMA 55.
4) Today the price is starting to come down. Today's candle hasn't closed so it is too premature to make any decision on today's candle at this stage.
4H:
1) the current candle failed to close above EMA 21.
2) both MACD and RSI are still in the bear zone.
3). Stochastic has already reached the overbought territory and now it is rolling to the downside.
4) There are two layers of buy blocks below the $190 area so there is a chance the price might drop to that level.
It has been such a volatile and difficult market. Every time you think the bottom is in and the price starts to move up, it gets pushed down. It is the market that challenges you mentally.
Yesterday's dip was a great opportunity to buy spot and hold. But if you are trading, it might be better to buy the strength because dips can keep coming.
SOL updated analysisAfter the massive push up for SOL after the TRUMP coin caused huge volumes on SOL network, SOL has now come right back to support as seen on left chart where price reacted off the green vwap line and the green trendline.
The right chart shows how the 260usd blue line is major resistance. Price currently trying to reclaim the purple npoc.
So, now what?
Well, as a smart trader you always have 2 scenarios, up or down.
If SOL can reclaim the light green vwap line above price on left chart this could be a nice v shape recovery move playing out. 260usd is where we will know if bull run is resuming once SOL closes above this level.
If SOL loses the green vwap line below price then SOL could go as low as the next green vwap line at 154usd.
Smash that like button!
Solana Wave Analysis – 3 February 2025
- Solana reversed from the support zone
- Likely to rise to the resistance level 220.00
Solana cryptocurrency recently reversed up from the support zone located between the pivotal support level 180.000 (which has been reversing the price from the middle of December), lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward impulse from August.
The upward reversal from this support zone will likely form the daily Japanese candlesticks reversal pattern Hammer (strong buy signal for Solana – if the price closes today near the current levels.
Given the clear daily uptrend, the Solana cryptocurrency can be expected to rise to the next resistance level, 220.00 (former support from January).
SOLANA double bottomed on 1day MA200. Target $400.Solana / SOLUSD is trading inside a Channel Up since the July 29th 2024 high.
The price hit today the 1day MA200 for the 2nd time since January 13th and instantly rebounded.
Technically this makes it a Double Bottom formation and took place right at the bottom of the Channel Up.
The pattern is very similar with the Megaphone of May-August 2024 that was followed by a strong uptrend, the bullish wave of the Channel Up.
Their 1day RSI patterns are identical.
Buy and aim for a +140% rise from the bottom. Target 400.
Follow us, like the idea and leave a comment below!!
Solana longIt often takes more than one shot when price is in a range. I this long will hedge my LINK short. With trade war kicking off anything could happen. I would like to be in a move early.
I can trade this range as long as it moves sideways but when the real move begins I'll already have my positions.
I got stopped out by that spike but jumped back in the general idea remains the same. My levels are being respected.
$SOL Short-Term Pain to $170-180Solana Closed the Week below the 9WMA but above the 20.
The Week opened trading below the 20WMA and UpTrend it formed Since August 5, 2024.
CRYPTOCAP:SOL will most likely retest $170-180 region where it should bounce off the 50WMA. Closing a week or two below that might cause some concern. Will revisit next week.
Bull Case is that SOL closed above the .382 Fib and UpTrend so some bullish catalysts next week could spur a rally.
SOLUSD | Bullish Bat PatternBullish Bat Pattern on SOLUSD
I’m currently tracking a Bullish Bat pattern on the SOLUSD chart, with price nearing the Potential Reversal Zone (PRZ). In addition to the harmonic structure itself, I’m looking for RSI divergence and DMI Delta shifts as confluence signals that buyers might step in.
1. Pattern Overview
• The Bullish Bat typically consists of X–A–B–C–D legs, with the D point (the PRZ) often completing near the 88.6% Fibonacci retracement of the XA leg.
• Reversal at the PRZ can signal a potential upswing if confirmed by price action and supportive indicators.
2. Key Confluence Indicators
• RSI Divergence
• I’m monitoring the RSI (Relative Strength Index) to see if it prints higher lows while price makes lower lows. Such a bullish divergence often hints that downward momentum is fading.
• DMI Delta
• A bullish shift in DMI Delta occurs when +DI (positive directional index) starts outpacing –DI (negative directional index), or the spread between them widens in favor of buyers.
• If the DMI Delta transitions positively around the PRZ, it reinforces the idea that bullish pressure is building.
3. Fibonacci Levels & PRZ
• XA Retracement: B commonly retraces 38.2%–50% of XA in a textbook Bat.
• CD Extension: The final leg (CD) often extends 1.618–2.618 of AB, converging near the 88.6% retracement of XA.
• Keep an eye on these Fibonacci confluences. If price consistently holds above the PRZ with bullish candlesticks, it can signal the market is ready to turn.
4. Trade Setup
• Entry: Consider entering after confirming bullish divergence on RSI, a bullish DMI Delta crossover, or a candle close above a key short-term resistance.
• Stop-Loss: Commonly placed just below the D point or the most recent swing low, depending on personal risk tolerance.
• Take-Profit Levels:
• First TP near the B point or ~38.2% retracement of the AD leg.
• Second TP near 61.8%–78.6% of the AD leg if momentum remains strong.
• Risk Management: As always, position size should align with your overall risk profile (1%–2% of account balance per trade is typical).
5. Market Context & Final Thoughts
• Larger Timeframe Check: Confirm that higher timeframes (4H, 1D) support a bullish bias. A mismatch in trends can weaken the pattern’s reliability.
• News & Sentiment: Crypto moves fast—keep an eye on headlines or broader market sentiment, which can accelerate or negate technical setups.
Conclusion:
If RSI divergence and DMI Delta shifts align with the Bullish Bat PRZ, we may see a reversal to the upside on SOLUSD. However, always remain flexible and ready to adjust if the market invalidates the pattern.
Disclaimer:
This post is for educational and illustrative purposes only and does not constitute financial advice. Always do your own research and manage risk prudently.
SOLANA - Sell Idea (Medium-term)The aggressive turn around off the top, coupled with the cross below the key-level of $243.5 is an indication that it is highly likely that price action will continue on this downside trajectory. Our analysis suggests that this current bear cycle is just warming up. Our profit target is the key-level support at $196.10. Stay tuned...
Solana longUgly sell-off just before the weekly close. This might be the dump that makes everyone shift bearish. I have now started looking for my long.
Closed 75% of my short positions. The remaining 25% will cover the long. Let's see what happens.
Solana (SOL) Bullish Rebound Alert! Targeting $303 Solana (SOL) has bounced off a critical support level and is forming higher lows, indicating a potential bullish reversal. The price is consolidating near the lower end of the range, preparing for a breakout toward the key resistance level at $303.22, offering a significant upside opportunity. The strong uptrend from previous higher highs and the Ichimoku cloud acting as dynamic support strengthen the bullish case. This setup suggests a potential rally as buyers regain control, making this a key moment to watch. Stay tuned for a breakout! 📈🔥
Sol breakdown A month ago I gave a breakdown on Solana based on the higher timeframe. I was not comfortable holding a large position.
Hopefully this month volatility comes back into the market and I can catch long term swing trades.
The market is a bit confusing with different assets classes moving in the same direction when they shouldn be.
I am ploting my buy orders, I would like to see a horrific sell-off that will get retail out of the market and rid the coming alt season.
Why I Went Long on Solana $SOLUSDCI entered a speculative long trade on Solana, considering several key factors that suggest a potential rebound in the coming days.
Reasons for Entering Long
1. Fundamental Factor – On Saturday, the U.S. announced tariff hikes on China, Canada, and Mexico, causing market turbulence. After the initial sell-off, markets often see a partial recovery.
2. Technical Factor – SOL is in an oversold zone, increasing the likelihood of a bounce.
3. Short-Term Potential – Solana remains technically strong, and if the crypto market recovers, SOL could outperform.
Trade Parameters
• Entry Price: $213.79
• Stop-loss: $210.08 (trigger), $210 (limit)
• Take Profit: $242
• Risk Level: High, as this is a speculative trade.
I expect Solana to recover in the short term if market conditions improve.
#Solana $SOLUSD Overview Solana is correcting.
If the 200 mark is broken, the next mark would be $185 where it is anticiptaed to rebound.
#SOLANA #CRYPTO #AHMEDMESBAH
SOL Weekly chart analysisWe are likely in a wave 2 orange at the moment as part of a final wave (5) of ((5)). The reason I don't think the ATH at $295 being the top of this cycle is because of the 4 yr cycle for BTC. Historical, the top of the cycle would be atleast Q4 of this year with ETH and SOL having gained multiples over previous cycles' high. Overall, macro environment is still bullish. Current move down is due to this trade war and it's unclear if it will have a long term impact.
