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SOLUSD trade ideas

Buy Solana at 93.75 and target the MoonIm suggesting to buy Solana at this level after false breakouts. Entry line 93.75 is not a trigger. Don't set buy limit orders. Wait for price to fall below and just after an agressive close back above the entry line open a trade. Don't get fooled with "better price" which is lower, it can be lower, but also much riskier. If any of 30m candle closes below the SL line, cutloss your trade. I will trigger the entry by updating this idea. If you follow me, you will know. If not, wish you good luck.
COINBASE:SOLUSDLong
by Rendon1
2
Solana's 2020-23: Akin to Ethereum 2017-21, Eyes New ATHWhen we take a closer look at Solana's recent history, it's hard not to draw comparisons to Ethereum's past. The price movements seem eerily similar, and it feels like we're at a pivotal point, much like where Ethereum once found itself. With this in mind, many in the crypto Twitter and TradingView are brimming with excitement, believing that Solana might just be gearing up for a remarkable journey towards a new all-time high in 2024. 💬 Your thoughts on this? I would love to hear your insights in the comments below!
CRYPTO:SOLUSDLong
by ArShevelev
13
Tea is good for the SOLGrab your favorite cup. Put a pot of water on the range. Non decaffeinated will help control the jitters. Id suggest earl gray or chamomile. Drew this one out after the cup formed. Cup and handle. C+H. Tea time. Measured move would be the depth of the cup. These situations usually play out to the 3.618 extension to the minimum. Fib extensions pulled from top to bottom and from cup neckline to base. both sets of fibs will offer insight into the price action to come. Don't sleep on this chart if you are looking for alt coins to rotate into. NFA Do Your Own DD
COINBASE:SOLUSDLong
by BallsOfSteel32
SOLANA Holding up extremely well. Inverse Head & Shoulders v BTCWith this slight pre halving dip. And look at this chart it has formed vs #Bitcoin Using our log based target for #BTC of $143.9k We can project how high #SOL COULD possibly go. Similar patterns have formed v ETH & USD has already highlighted. ***** ----------------- ********* These are just mere mental frameworks of a POTENTIAL price roadmap. Imagine not having a roadmap... and someone was to cash out $500 ... went on a long vacation Only to see the Sol price trading at $1800... with "Analysts" & influencers calling for $5K Creating FOMO and going back into the market only to watch it top at $2400 and then proceeding to ride it back down to triple digits!!! Your initial profit taking at $500 may only be worth $250 before you come to your senses and run for the hills with what you have left.. still a good win if you got in low enough ... but you would probably be emotionally scarred for the next few years! Enjoy this dip We still got some time left in this bull market obviously But time is not on our side and you should have already laid out your exit plans.
COINBASE:SOLUSDLong
by BallaJi
SOLUSD BULLISH MOVEMENT Anticipating a possible bullish movement by SOLANA following with the current bullish run on they crypto markets. We managed to bet a break above the 28/03/2022 high on the weekly. This has been a very interesting high across the crypto markets. If we continue to see the bullish run I will be looking at the 20/12/2021 High for a possible test of the high. A break above the above high I will keep an eye out on the ATH at around 260 From a Weekly point of view it would be interesting to see if the buyers would hold above the 78.15 in cases of correction .
COINBASE:SOLUSDLong
by geekyfxke
1
Solana Surges to 25-Month High: A Beacon in the Crypto RealmSolana ( CRYPTOCAP:SOL ) has emerged as a shining star, reaching a 25-month high and captivating the attention of institutional investors and traders alike. This surge in Solana's price has ignited discussions about potential market rallies and reaffirmed its position as a frontrunner in the digital asset space. Amidst a backdrop of market turbulence, Solana ( CRYPTOCAP:SOL ) has demonstrated remarkable resilience, posting a 7% rally while other cryptocurrencies falter. This resilience not only underscores Solana's ( CRYPTOCAP:SOL ) growing dominance but also reflects investor confidence in its underlying technology and long-term potential. A significant catalyst behind Solana's recent surge is its integration with Binance's Web3 Wallet, facilitating seamless interaction with decentralized applications (dApps) and simplifying token management within its ecosystem. With easier access to Solana-based dApps like Drift and Dual Finance, Binance's integration is poised to drive adoption and enhance usability, further bolstering Solana's appeal to investors. Presently, Solana ( CRYPTOCAP:SOL ) boasts impressive metrics, with nearly $4 billion in Total Value Locked (TVL) and a stablecoins market cap of $2.6 billion. These metrics underscore the mainstream adoption of web3 projects and digital assets, solidifying Solana's position as a prominent player in the crypto landscape. The introduction of BILS, an Israeli Shekel-backed stablecoin, on the Solana blockchain has attracted investor interest, showcasing the platform's ability to pioneer innovative financial solutions within a regulatory framework. This initiative highlights Solana's attractiveness to projects and partnerships that contribute to its ecosystem's growth and development. Despite reaching new highs, caution is advised as Solana's Relative Strength Index (RSI) stands at 85.50, indicating potential overbought conditions and the possibility of a reversal. Traders are urged to exercise prudence and implement risk management strategies to navigate market volatility effectively. Nevertheless, Solana's ( CRYPTOCAP:SOL ) recent surge to $181, accompanied by a surge in trade volume to $11.57 billion, reflects growing investor confidence in the cryptocurrency. As Solana ( CRYPTOCAP:SOL ) continues to strengthen its ecosystem and attract investment, it remains well-positioned for sustained growth and long-term success in the ever-evolving crypto landscape.
COINBASE:SOLUSDLong
by DEXWireNews
1
Solana Surges to 25-Month High: A Beacon in the Crypto RealmSolana ( CRYPTOCAP:SOL ) has emerged as a shining star, reaching a 25-month high and captivating the attention of institutional investors and traders alike. This surge in Solana's price has ignited discussions about potential market rallies and reaffirmed its position as a frontrunner in the digital asset space. Amidst a backdrop of market turbulence, Solana ( CRYPTOCAP:SOL ) has demonstrated remarkable resilience, posting a 7% rally while other cryptocurrencies falter. This resilience not only underscores Solana's ( CRYPTOCAP:SOL ) growing dominance but also reflects investor confidence in its underlying technology and long-term potential. A significant catalyst behind Solana's recent surge is its integration with Binance's Web3 Wallet, facilitating seamless interaction with decentralized applications (dApps) and simplifying token management within its ecosystem. With easier access to Solana-based dApps like Drift and Dual Finance, Binance's integration is poised to drive adoption and enhance usability, further bolstering Solana's appeal to investors. Presently, Solana ( CRYPTOCAP:SOL ) boasts impressive metrics, with nearly $4 billion in Total Value Locked (TVL) and a stablecoins market cap of $2.6 billion. These metrics underscore the mainstream adoption of web3 projects and digital assets, solidifying Solana's position as a prominent player in the crypto landscape. The introduction of BILS, an Israeli Shekel-backed stablecoin, on the Solana blockchain has attracted investor interest, showcasing the platform's ability to pioneer innovative financial solutions within a regulatory framework. This initiative highlights Solana's attractiveness to projects and partnerships that contribute to its ecosystem's growth and development. Despite reaching new highs, caution is advised as Solana's Relative Strength Index (RSI) stands at 85.50, indicating potential overbought conditions and the possibility of a reversal. Traders are urged to exercise prudence and implement risk management strategies to navigate market volatility effectively. Nevertheless, Solana's ( CRYPTOCAP:SOL ) recent surge to $181, accompanied by a surge in trade volume to $11.57 billion, reflects growing investor confidence in the cryptocurrency. As Solana ( CRYPTOCAP:SOL ) continues to strengthen its ecosystem and attract investment, it remains well-positioned for sustained growth and long-term success in the ever-evolving crypto landscape.
COINBASE:SOLUSDLong
by DEXWireNews
SOLUSD You were warned about it. 1st ever 1W Golden Cross formedSolana (SOLUSD) broke above its former Channel Up as we explained on our last bullish call (December 08 2023, see chart below) and hit last week our 144.000 Target: Right now it is best to take a step back and view SOL's price action on the 1W time-frame, where the clear long-term trend is revealed, and that's bullish within a Channel Up pattern. The Fibonacci Channel levels reveal that it is still in its early stages within the 0.236 - 0.382 Fibonacci range. On top of that, it just formed its first ever 1W Golden Cross! This is an incredibly bullish pattern and we expect the whole bull run to peak at atleast +5150% from the market bottom just as the November 2021 Top did. As a result, our Target is $4000. Note that every pull-back inside the 1W CCI green zone, is a long-term buy opportunity. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:SOLUSDLong
by TradingShot
23
Solana’s price action now breaching the larger invh&s necklineNow that we have reached the target of the smaller inv h&s neckline (which is also a right shoulder of the larger invh&s pattern) Getting to that target has allowed price action to rise above the neckline of the bigger inverse head and shoulders pattern shown here with the tan neckline. The right shoulder of the larger inv h&s pattern was not only its own invh&s pattern, but when it corrected 1 time back belo its neckline as these patterns often do, it created a second higher neckline for its self, a double decker invh&s if you will. That second higher neckline price action has now also broke confidently above but has not quite hit its full target yet. I have illustrated it here on the chart with the teal neckline. That one has a target of around $158-159. There is a high probability that once price reaches that height and hits that target, that any retest of the much larger tan neckline will result as support. If so then we should validate the largest inv h&s breakout in short order after that in which case we then begin our climb to its target as you can see I’ve illustrated here with the dotted tan ascending trendline. Usually takes trendlines like this multiple weeks to sometimes even a couple months before reaching their full target, however in our current parabolic phase it could also reach that full target in mere days. Either way patience is a virtue. *not financial advice*
COINBASE:SOLUSD
by DrDovetail
Solana +59% price rise confirmed! All set to reclaim ATHPopular layer-1 digital asset, Solana COINBASE:SOLUSD , looks ready to revisit its all time high, around $259. My thesis is that Solana will continue to lead the charge this Crypto Bull Cycle, coming second only to BITSTAMP:BTCUSD . Recall that in the last quarter of 2023 we saw the coin rally over 463% from mid-October to the end of the year. Over that same period Bitcoin only moved by just over 73%, whilst Ethereum BINANCE:ETHUSDT did about 57%. At present, Ethereum is now only 22% from its all time high whilst Bitcoin has already created a new all time high. Meanwhile, Solana which is already proving to be a favourite for most retail traders and investors due to its cheaper transaction fees and faster speed is still a good 60% away from the ATH. Going into the technicals, the price chart of the 4th highest ranked digital asset by Market Cap (when excluding stables) is showing a clear cup and handle on the higher timeframes as pictured below. The handle is formed from another cup which itself seems to have another cup, a cup within a cup, within a cup…. the Cup n Handle Matrix lol Overall, I think this setup creates a great opportunity for those wanting to shift their positions to capitalize on the potential for larger spot gain in a “blue-chip” Crypto and for those looking to trade it on Margin, Futures or Options too. (If you found this valuable I’d appreciate it if you would consider following and boosting this trade idea, I’d also love to hear where you thinking Solana is headed and what coins I can look at next) Happy Trading!
COINBASE:SOLUSDLong
by theblueinvestor