SOL longSolana bounced off the support level and the ascending trendline. The bullish movement to the resistance level at $158 is expected to happenLongby Cryptobees_buzz2
Sol FormationSol structure 1 month in the making. Keeping it simple. How can you not be bullish on Sol?by Silkman224
Latest SOLUSDT update todayAs the SOLUSDT pair continues its movement within a well-defined descending triangle pattern, traders are closely watching the price action unfold on the 4-hour chart. This bearish continuation pattern is gaining attention as the price forms a series of lower highs, with a consistent support level provided by an ascending trendline. Key Resistance Zone Holds Firm SOL’s price is currently trading near a key resistance zone, ranging from 142.54 to 144.48 USDT, which has acted as a barrier to upward momentum on multiple occasions. Despite attempts to break through, the market appears to be respecting this zone, further increasing the likelihood of continued downside pressure. Bearish Outlook Strengthening The descending triangle pattern typically signals a potential breakdown, especially as the price continues to be compressed within the narrowing range. If the price fails to push past the upper boundary of the triangle and encounters rejection within the resistance zone, it could lead to a strong bearish move. A decisive break below the 137 USDT level, marking the lower boundary of the triangle, would confirm the breakdown. Should this occur, SOLUSDT may target the next major support level around 130 USDT, as the bearish sentiment dominates short-term market dynamics.Shortby SuyouuUpdated 8
SOLANA $SOL BULLISH MOVE IN MAKINGHi, I'm a very strong fan of CRYPTOCAP:SOL price chart. CRYPTOCAP:SOL is one the verge of breaking out of this long consolidation which i believe is time distortion technique used by smart-money. As you can see price is holding up ifvg-on monthly this is monthly chart. I'm expecting a strong breakout in coming weeks and months. buy $140 invalidation $110 target $500-$600 7 month consolidation is not going to be a penny move. lets wait and see! Longby fakeprince229
Alikze »» SOL | Wave 3 or C scenario - 4H🔍 Technical analysis: Wave 3 or C scenario - 4H - It is moving in an ascending channel in the 4-hour time frame. - It is currently in wave 3 or c, which can continue its growth up to the top of the channel. - A zigzag correction is observed in the corrective microwaves at the bottom of the channel, which has moved a three-wave towards the supply range. - After that, a 5-wave correction has extended to the bottom of the channel in the golden zone. - Wave a has a three-wave cycle and wave b has a five-wave cycle. - Therefore, wave c can extend to the region of the roof of the channel and the red box. 💎 According to the structure, the minimum growth up to the first supply area, the middle range of the channel and after its failure up to the second red box, the ceiling of the channel can continue its growth. ⚠️ In addition, if the region 133.181 is touched, the bullish scenario will be invalidated and should be updated again. ⚠️ »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« KUCOIN:SOLUSDT Longby alikze10
Solana Roadmap!!!Today, I want to analyze the Solana ( BINANCE:SOLUSDT ) project for you; I hope it will be useful 😊. First, let's have a fundamental analysis of the Solana project . 1. Network and On-Chain Performance : Solana, using its Proof of History (PoH) technology, is known for high speed and excellent scalability. The number of transactions and active users in its on-chain ecosystem continues to grow, and the total value locked (TVL) in DeFi protocols on Solana remains high. However, network outages in the past have slightly damaged user and investor trust. 2. News and Developments : Solana is actively collaborating with new NFT and DeFi projects, contributing to the growth of its ecosystem. The development team is working on resolving technical issues and upgrading the network to enhance stability and security. --------------------------------------------- Now, let's take a look at Solana's technical analysis . When Bitcoin( BINANCE:BTCUSDT ) touched $50,000 on August 5 , Solana also touched $110 , with so much volume that these last two months' moves seem to be in the form of a correction , and we should expect another Solana correction . According to the theory of Elliott waves , Solana seems to have completed the main wave 3 at $193.9 8 , so that the microwave 5 of the microwave 5 of the main wave 3 is truncated . Before conclusion , let's take a look at the BINANCE:SOLBTC chart . SOLBTC is moving in a Symmetrical Triangle in the daily time frame, and if SOLBTC starts to increase again from the lower line of the symmetrical triangle , we can hope that if Bitcoin experiences a sharp fall, the Solana project will fall less and vice versa.👇 I expect Solana to drop at least -20% after breaking the Support lines and move back to near the lower line of the descending channel . Factors such as outages or disruptions in the Solana blockchain network can lead to further modification of this token . Educational tip : TradingView has released a new update for the Parallel Channel these few days, which can be very useful. I definitely suggest you visit this article . ⚠️ Note: If Solana can break the Resistance zone($164-$154), we should expect Solana to rise to $200. ⚠️ Solana Analyze (SOLUSDT), Daily time frame⏰. 🔔Be sure to follow the updated ideas.🔔 Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe. Shortby pejman_zwinUpdated 101033
The last bullish chance of SOLANA !!SOLUSDT is in the ascending phase by the cup and handle. SOL is in a large C&H if it follows these pattern, the price will have a nice rally. ⭐The pattern increases the price by the amount of the measured price movement (AB=CD). ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!Longby CobraVanguard58
Solana (SOL): Successful Re-Test of Broken EMAsSolana has made a nice fakeout while re-testing the broken EMAs where sellers took the dominance overall and now price is moving back to lower zones. Our major target zone here is the unfilled CME gap at $125 but this is not the lowest point we might see if we go for a grab of that CME so eyes on the lowest support as well!! Swallow Team Shortby SwallowPremium121212
SOLANA 10 OCT24 LONGAs we see manipulation goes on (look at previus ideas from 2 okt 24) and the major resistance is around 140-137. At this level price can easy go to the 148-149 again bult some zone.Longby Gozikou0
SOL and BTC Longs and Shorts Clear inverse relationship between the longs and shorts on SOL. White (longs) Orange (shorts) Right now the longs have reached the same level as when SOL hit its high of 200 back in march this year. Longs got dumped on recently on this small sell off but interest remains at elevated levels. Shorts coming off their lows and seem to bottom when SOL price peaks. Longs build up pushing price to local highs then there leaves no one left to buy so price goes after the liquidity (shorts). Opposite happens with shorts buildup. Price sells off some, shorts pile on pushing price lower until it reaches the local bottom then price reverses once all the longs get liquidated. Then price goes after shorts liquidity. What then becomes the difference maker is how much spot volume comes in. At the bottom I have the aggregated volume of multiple exchanges showing the spot volume (light) compared to the perp volume (dark). Right now spot volume is pretty low; however, volume is low in general. My takeaways: SOL either needs to liquidate these longs while building up shorts. This would put shorts offside setting up for a nice reversal pump into the EOY taking out all the shorts creating a nice squeeze. Or perhaps spot buying picks up eventually and the longs interest slowly rises surpassing prev long interest causing the breakout. Similar analysis here on BTC but the short interest is pretty significant. Could be those who are arbitraging the perp funding rate by shorting instead of directional shorts but who knows exactly why. If BTC begins to break out with strong spot buying soon after election uncertainty and EOY capital flows then all this short interest could get squeezed setting up for a perfect pump higher breaking out of this wretched range. Time will tell. I think election uncertainty has market on edge as well as war/ recession fud. by bhx101
SOLUSDT, Wed 09 Oct, Long and Then Short!?Today, it is expected that the "low" of the price range of the week will be determined! Before 10 o'clock, we had a rundown (gray box). It seems that you can get a long and then a short! I don't know which position is less risky and more profitable, I have to see what will happen between 10 and 11 o'clock.Longby kevin134334
SOLUSDTPreferably suitable for scalping and accurate as long as you watch carefully the price action with the drawn areas. With your likes and comments, you give me enough energy to provide the best analysis on an ongoing basis. And if you needed any analysis that was not on the page, you can ask me with a comment or a personal message.. Enjoy Trading... ;) by sepehrqanbari2
solana weeklytrend is still ascending. if sol breaks the flag down we expect it falls down to the lower prices by siyamakbayrami2
SOLUSDTSOLUSDT is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is also the 38% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH. What you guys think of this idea?by JustTradeSignals115
SOLUSDT today Resistance: Around $145 - $148 (red zone), where price might be rejected. Support: Around $135 (green zone), the next key area for a potential drop. Trading Plan: Short: Enter if price gets rejected at $145. Target: Aim for $135. Stop Loss: Above $148 for safety. This is a straightforward approach based on current levels and potential price action.by Suyouu2
Solana Remains Below Resistance (80-95 Next Target)Repeating the exact same patterns as Bitcoin, Solana remains below resistance in the form of MA200. Good afternoon my dear reader, I hope you are having a wonderful day. Solana produced a fake breakout when it moved above MA200, because it only stood there for three days. On the fourth day it moved back down and is now red. A small jump was attempted yesterday but a reversal happened before reaching MA200, a signal of weakness; the bearish potential has been strengthen, the continuation of the bearish move has been confirmed. The low 100 level was hit twice already, in April and August 2024. Each time a support level is challenged, the weaker it becomes. Seeing that the current move has more than sixty days in the making, it is likely that this same support won't hold a third time, and thus we expect for Solana to move below 100 on the next drop. The support price range for the upcoming drop sits between 80 and 95, which is the January 2024 baseline. It can go lower after a few days, it can bounce after a few days; this is a strong support level and we will see a reaction here for sure, if the 100 support range breaks. ➢ We continue to expect lower prices based on the signals coming from the chart. ➢ Solana is set to move lower. Thank you for reading. You are appreciated. Namaste.Shortby AlanSantana16
Solana too weak to pumpSolana looking like sub $100 inevitable, geopolitical risk are also messing up any risk on position. and from a technical pov going back into a triangle could lead to a eventual break down to $90 Seems like Shorts are the path of least resistance.Shortby lomaxrexUpdated 3
Is SOLANA really bullish? A different lookEveryone is super bullish on SOL, and I have been also, look at my previous post: But are we still bullish is the question? We hit a 2.618 on logscale exactly for this top, and thats HUGE. So far we are holding a triangle like consolidation pattern at the top but we are setting lower highs and support has been tested 7 times! This will not hold forever if we keep testing it. If we have a catalyst event this could cause a strong breakdown after so many attempts. So what can the cataclyst be in "uptober" where everyone will leverage long like true degens. - Market data has been proven incorrect and better than expected. What happens if the FEDs announce that they don't need to cut rates? Crypto will absolutely not like this. - Israel or russia war events can cause huge disturbances to the market - ?? Am I saying short SOL? No. I'm saying prepare for a possible unexpected turn of events where the entire market is wrong, like always, and you will be prepared. I for one got 3 big limit orders with the major ones being $69 hihi, and $40. If we actually break down i don't expect $80 to be anything more than a bounce.Shortby Gojira-san1
SOL - Are these moves big enough CRYPTOCAP:SOL is facing some market indecision and is at a fib retracement level of the 382 after hitting the .618 As often seen in the market price retracts in search of liquidity and confirmation of support. we have a long legged Doji candlestick on the Weekly close that is showing market indecision and could indicate an end to the downward momentum. We need to confirm this before we can be sure of this reversal and are watching for support to be found on the 382. Barring support being found we will see price go lower into the accumulation price area and we must confirm the trend reversal before entering a trade. If we can setup the trade and catch the reversal we could see anywhere from 20% to 40% returns on a day position and may want to look towards entering into a 30 day long at this point as well for even larger possible returns as SOL could be in the 170 area in a month if we break out of the overall larger downtrend Longby dasBoot0
SOLUSDT todayBased on the chart for SOLUSDT, here's a short and concise analysis: Current Trend: The price has broken below a key trendline, indicating potential further downside. Resistance: The area around 145.27–145.91 USD serves as the nearest resistance zone, where price previously rejected. Support: The price is approaching the 141.07 USD level, and a deeper drop could lead to the next key support around 138.08 USD. Strategy: A bearish scenario is likely to play out, targeting the 138.08 support zone if the price continues to weaken after failing to reclaim the resistance. Watch for price action near the 141.07 level for potential short opportunities.by Suyouu4
SOL - a week in the Sun ? or is Rain on the way SOL is starting off the week 20% lower, we've had a price retraction and profits have been taken, liquidity has been swallowed up, the weekend is over and its time for the market to resume "Marketing" . Sol is already breaking out and we will have to watch , but we area long as of Sunday at 141-143 We were looking for our target of the 150 level to take profit, and as the week continues I plan to trade SOL daily with some positions So I will be watching It and trying to keep the Days action organized. Longby dasBootUpdated 112
SOLUSDTSOL ~ 3D ✅ #SOL If you are a strong holder of $SOLANA ,. Looks like you need to be a little more patient. The bulls will not come before this pattern is successfully broken. ✅ If you haven't bought #SOL yet, this is a good accumulation time until you wait for this pattern to break outLongby CryptoNuclear3