SOLUSD Weekly Outlook: Bullish Shark PatternUPDATE
Bullish Shark Completion & Emerging Divergence
Shark Pattern in Play: Following our previous analysis, BINANCE:SOLUSD has completed the Bullish Shark pattern at the 0.886–1.13 retracement of the 0-X leg. Price action is now reacting around this deeper PRZ, suggesting a potential reversal may be underway.
DMI Delta Divergence: We’re seeing a bullish divergence between price and the DMI Delta—an early sign that bearish momentum could be fading. This divergence reinforces the likelihood of a bounce from the current levels.
If this divergence is confirmed with a strong bullish candle or surge in volume, it may validate the Shark pattern and open the door for a trend reversal. Keep stops below the 1.13 extension to manage risk, and watch for price targets around the 38.2% or 61.8% retracement of the new leg.
SOLUSD trade ideas
Solona Est. Resistance & support levelsIf SOL breaks above $153.99, further bullish movement towards $213.95 is expected.
If SOL falls below $126.13, it could indicate a bearish continuation.
March 17, 2025, might be a significant event for SOL, possibly tied to news, a major update, or technical pattern confirmation.
SOL could reach all time high againSolona has been one of the most hated crypto since SBF and FTX but I am seeing similar patterns with the TNX and (NVAX) a stock that had a meteoric rise during covid 19. This is also a well know bearish shark pattern. Its quite interesting that 3 different sectors have similar patterns.
Bears will say it is probably nothing.
Please do your DD as this is not a financial advice.
Please like if you find helpful.
Solana (SOL/USD) Scalping & Mid-Term Analysis🔥 Market Overview:
Trend: Bearish
Key Levels:
Resistance: $140, $148
Support: $134, $128
Indicators:
MACD: Weak bullish divergence, but momentum lacks strength
RSI: 54.1, slight recovery but no confirmation
EMA 200: Resistance at $148, strong rejection likely
Liquidity & Volume:
Increasing trading volume, but lacking strong bullish confirmation
Large liquidations indicate potential market maker activity
🔥 Scalping Strategy:
🩸 1. Momentum Scalping (Short Bias)
Entry: Short at $138-$140
Target: $134 (-2.9%), $128 (-7.2%)
Stop-loss: Above $141
Expected Profit: 2.9%-7.2%
🩸 2. Range Scalping
Buy Zone: $134-$132
Target: $138 (+3.1%)
Stop-loss: Below $130
Expected Profit: 3.1%
🩸 3. Breakout Scalping
Entry: If SOL breaks below $132
Target: $128 (-3.0%)
Stop-loss: Above $134
Expected Profit: 3.0%
🔥 Mid-Term Trend Forecast (1-3 Weeks):
If SOL fails to reclaim $140, a move to $128 is highly probable
If SOL breaks above $140, expect a retest of $148
Only a breakout above $148 will flip the trend bullish
🔥 News & Market Context:
SOL liquidations over $1.5B indicate recent market manipulation
Lack of institutional inflows, weak recovery signs
Sentiment remains uncertain, waiting for a catalyst
🔥 Decision & Risk Rating (1-10):
🩸 Short-term (Scalping): Short bias, 7/10 (High probability but needs confirmation)
🩸 Mid-term (Swing): Bearish, 6/10 (Still weak, potential downside)
🩸 Best Play: Short near $138 with a target of $134-$128
👑 Final Verdict:
Solana remains weak, struggling to hold key levels. Short setups are more favorable. If $140 holds as resistance, expect further downside.
🔥 FinCaesar's Statement:
"Fortune favors the prepared, not the reckless."
SOLANA – Technical and Fundamental OutlookTechnical Analysis
Solana (SOL) remains within a Falling Wedge structure, a historically bullish reversal pattern. The price is currently testing a key support zone at $124.29, where demand accumulation could trigger a breakout. A successful rebound from this level may confirm a shift in momentum.
A breakout above $150.51 would validate a bullish reversal, with the next key resistance target aligning with the previous All-Time High (ATH) of $296.99. Failure to hold $124.29 as support could extend the correction, requiring confirmation of price action before further positioning.
Fundamental Analysis
Solana continues to exhibit strong growth, with a 37.09% price increase in the last 30 days and 79.96% gains over the past 90 days, reflecting sustained investor confidence. Institutional sentiment remains positive, with VanEck analysts projecting a $520 price target by the end of 2025, contingent on continued adoption and ecosystem expansion.
Key fundamental drivers include Solana’s high-throughput architecture, enabling thousands of transactions per second with low fees, positioning it as a competitive layer-1 blockchain. Recent integrations, including Visa's USDC settlement adoption, further reinforce its real-world utility.
Risk Considerations
Regulatory uncertainties remain a critical factor, with SEC classification concerns presenting potential headwinds. Additionally, speculative market activity, particularly within Solana's meme coin sector, has contributed to heightened volatility, necessitating cautious risk management.
Conclusion
The confluence of technical support levels and strong fundamental adoption metrics suggests a pivotal moment for Solana. A breakout from the Falling Wedge structure would reinforce bullish momentum, while macro and regulatory developments remain key monitoring factors.
Solana Wave Analysis – 25 February 2025
- Solana reversed from support level 134.15
- Likely to rise to the resistance level 155.30
Solana cryptocurrency today reversed sharply from the key support level 134.15 (former Double Bottom from October) standing well below the lower daily Bollinger Band.
The price will likely form the daily Japanese candlesticks reversal pattern Hammer today (strong buy signal for Solana) – if the price closes today near the current levels.
Solana cryptocurrency can be expected to rise to the next resistance level 155.30 (former strong support from November, acting as the resistance now after it was broken earlier this month).
Solana (SOL/USD) – Scalping & Mid-Term Analysis🔥 Market Overview:
Trend: Strong Bearish
Resistance Levels: $144 – $158 (EMA 200)
Support Levels: $138 – $130
Volume & Liquidity: Heavy sell pressure, recent bounce from support
Indicators:
MACD: Bearish momentum, slight divergence
RSI: Neutral (51), potential small recovery
EMA 9 & 200: Strong downtrend confirmation
Market Maker Moves: Possible stop hunts near $138
🔥 Scalping Strategy:
🩸 1. Buy near: $138 – $140
Target 1: $142 (+2.9%)
Target 2: $144 (+4.35%)
Stop-Loss: Below $136
🩸 2. Short near: $144 – $146
Target 1: $140 (-2.77%)
Target 2: $138 (-4.17%)
Stop-Loss: Above $148
🔥 Mid-Term Trend Forecast (1-3 Weeks):
Bearish Continuation: Below $138, SOL could test $130
Bullish Reversal: A break above $150 could push SOL toward $158
⚡ News & Market Context:
SOL fell 14% in 24 hours, over 20% this week – Market is reacting negatively
Memecoin sector cooling down, leading to SOL weakness
Exchange Order Book: Heavy sell walls at $144 resistance
💰 Profit Calculation & ROI:
Long:
Profit: +4.35%
ROI: +21.74%
Short:
Profit: +4.17%
ROI: +20.83%
👑 Trade Rating (1-10):
Long Setup: 6/10 (Decent support, but risky)
Short Setup: 8/10 (Better risk-reward, following trend)
🔥 Decision:
🩸 Short-term: Scalp long from $138 cautiously
🩸 Mid-term: Favor shorts unless SOL reclaims $150
🩸 Ideal Play: Short from $144, targeting $138
🔥 Best Asset for Scalping: SOL is volatile, but BTC remains safer
👑 Final Verdict: Scalp carefully, shorts preferred!
🔥 FinCaesar:
"Only those who adapt to the storm can command the sea."
Alts Bleeding Out Off Topping Patterns. A while ago I flagged up the various different topping patterns we have in crypto alts.
There was a little more stop gaming (Nothing is ever easy)but these now trade typically around 50% off the high.
Today we met the first major pivot point for the bull trend with us reaching the levels one would expect to see in a typical correction.
A break under 140 - 135 could spell out a real bloodbath in these.
Critical test for crypto now.
SOLUSD Weekly Outlook: Bullish Cypher PatternOverview
On the weekly timeframe, BINANCE:SOLUSD has shifted gears since our last analysis. Previously, we flagged a bearish divergence—higher highs in price paired with lower highs on the DMI Delta—hinting at weakening momentum. Price has since declined, and now it’s tapping into a key demand zone, completing what appears to be a Bullish Cypher harmonic pattern.
Why This Matters
Bearish Divergence Played Out : The prior divergence signaled fading bullish pressure, and the subsequent drop brought SOLUSD from its highs into this demand zone—a textbook pullback scenario.
Bullish Cypher Completion : The pattern’s structure is taking shape: X-A (initial up move), A-B (~38.2%-61.8% retracement of X-A), B-C (~113%-141.4% extension of A-B), and now C-D targeting a 78.6% retracement of X-C. The D point aligns with this demand zone, marking a Potential Reversal Zone (PRZ).
Demand Zone Test : This level has historical buying interest. If it holds, it could validate the Cypher and spark a reversal.
Key Considerations
Watch the PRZ : The 78.6% X-C retracement (~D point) is critical. To confirm a bounce, look for reversal signals like a bullish candle, volume surge, or RSI/DMI Delta divergence.
Lingering Divergence Risk : While the drop aligned with the prior bearish signal, momentum remains a question. Cross-check with volume or DMI trends before committing.
Risk Management : For longs, set stops below the demand zone. If shorting a breakdown, target the next support level from prior lows.
Upside Potential : A confirmed Cypher could push the price toward the 38.2% or 61.8% retracement of the C-D leg—map these targets on your chart.
Conclusion
The recent decline in BINANCE:SOLUSD following our bearish divergence call has set the stage for a Bullish Cypher at this demand zone. If buyers defend this level with conviction, the pattern could drive a meaningful reversal, invalidating the prior bearish pressure. However, a failure to hold here might extend the correction. Traders should monitor price action and volume at the PRZ for the next actionable signal.
$SOL RSI Most OVERSOLD Since June 2023!Still no clear signals on CRYPTOCAP:SOL yet.
However, the RSI on the DAILY IS THE MOST OVERSOLD its been SINCE JUNE 2023.
I personally opened a long here.
Not for the faint at heart.
Could dip down to $133’ish and range between $146.
We DO NOT want to range too long in this area as you can see there has already been HEAVY consolidation.
Look for a V-Shape reversal trying to reclaim that ~$157 level for bullish confirmation.
SOLUSD H4 The price trend has been moving in a downtrend for the past 1 month, currently the price is starting to continue its decline. You can take advantage of the sell opportunity with the setup:
SL: 179.943
TP 1: 146.100
TP 2: 129.475
Disclaimer ON!
Remember to keep setting risk limits and maintaining money management.
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Solana - Likely to hold the 50% level at $138Solana at $139
50% level from top 2021 to bottom 2022 is at 138. Most likely this is the bottom area and we should eventually bounce form here. If it takes days or hours is hard to say. But for the bulls this is the area to hold.
For the bears you want to break below and hold below for days.
Im bullish. Total 3 going down on low volume is also a bullish sign for the market. Im buying.
Are you buying?
SOLUSD: How to Draw Quarter's Theory LevelsApplying Quarter’s Theory to SOL/USD helps traders identify key psychological price levels where institutional players might step in. With Solana’s volatility, these quarter levels (25%, 50%, 75%, and full dollar increments) act as crucial areas for potential reversals or breakouts.
Current Market Outlook
SOL/USD is currently trading around a major quarter level, signaling a potential shift in momentum. If buyers push above $150, the next logical upside target is $175, while a breakdown could send prices back to $125—both key quarter points.
How to Trade It
Aggressive traders can enter at quarter levels with tight stops, aiming for quick price movements.
Conservative traders should wait for a breakout confirmation and a retest before executing trades.
Renko charts can help filter noise and confirm trend strength, making it easier to spot clean setups.
Is SOL/USD Gearing Up for a Big Move?
With SOL/USD sitting at a crucial level, the next move could be significant. Will we see a drop toward $125, or is a deeper pullback coming? What’s your take? Drop a comment below!
Solana bullrun is over. Next bear market lowsSolana has super nice bullrun in 2023-24 but all good things comes to an end.
I will talk about long-term targets and not about short-term movements.
StochRSI formed bearish divergence on 1M timeframe. It continues to move down.
Price formed double top (clearly see if you change chart to line chart)
Price touched 2021 bullrun highs. It took all liquidity at this level.
Current candle is bearish engulfing candle (but month is not over yet)
It will be interesting again in coming bear market when price reaches 15-30$ region (liquidity level of spring-summer 2023) most likely in 2026
Key: 3 day close below or above $170 line
SOL's indicators are showing strength here at the key $170 line. However, I believe with a 3 day candle close below this key line, we will see a continuation down to the support line that started Jan 22 24 and was confirmed Aug 4th 2024.
Somewhere around $150-$155. It's bounced nicely off this line two times.
A break of this line indicates to me a further retracement to $120. This still leaves us in a bullish formation as it would be a higher low than August 2024.
SOL Historic rise Paused for GasolineForget the Argentina Texas Tango, SOLANA has endured far worse (FTX) and is still on a historic rise that has seen go 800% in 2 years and has tons more upside left to go THIS CYCLE! But yeah a few dubious things are happening. Unlocks followed by ETFS next month -- hmmm the ETFS will mean companies want to SELL shiny new ETF products to customers.... Don't you think they a CHEAPER SOL to SELL? FUDD and Unlocks are good excuses to BRING THE PRICE DOWN! So whether that little conspiracy theory is correct or not, We are STILL ABOVE the HANDLE on the Historic CUP and HANDLE in SOL Price action. 149 is a particularly strong level that supports the ENTIRE HANDLE in this CUP. Rock SOLID 123 is a possible WICK target. BEARS BEWARE any down side on SOL will probably be quick and happen this week. After unlocks I think it is ETF time and the buzz alone could send SOL to 450.
SOLANA SHORT OPPORTUNITY Possible Solana short (5m TF)
Solana is still trending down on the higher timeframes, down on the very low intra day TF's and ranging on the mid intra days so good confluence all round for a short position.
Pull back on the fib would line up nicely with a previous LL which is now a resistance level which would create a nice rejection and push to the downside. Also not this area of rejection would also align nicely with the 50 EMA which would be an additional level for price to reject.
Overall many good confluences which could align nicely for a short entry. Let's see how this plays out. Again 1:3 RR on this as normal with the possibility to take partials and let 25% run to a further downside target of the major lows at $160
Will set a Limit sell for this, no need for manual entry on confirmation as all criteria should align nicely.