SOLUSDT 4HR TFSOLANA Bounce Play MA 200 Strong Support Breakout Retest 0.618 Fibb Bounce Bullish DivergenceLongby Recardo_Grower4
#SOLUSDT #1D (Bybit) Symmetrical triangle break and retestSolana pulled back to 100EMA regained support where it bounced forming a morning star, resuming bullish would make sense. ⚡️⚡️ #SOL/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Long) Leverage: Isolated (6.0X) Amount: 4.4% Current Price: 150.58 Entry Targets: 1) 149.03 Take-Profit Targets: 1) 171.43 Stop Targets: 1) 137.81 Published By: @Zblaba CRYPTOCAP:SOL BINANCE:SOLUSDT.P #Solana #PoS solana.com Risk/Reward= 1:2.0 Expected Profit= +90.2% Possible Loss= -45.2% Estimated Gaintime= 3-4 weeks Longby TradingOnUpdated 9
GET EM WHILE ITS HOT sol BARRING NUCLEAR WAR, SOL IS ENTERING SALE ZONE! Sol is poised for future mass adoption and anything under 140 is an amazing entry, as it stands a the charts are giving us the indication that sol's going to bottom out mid to low 130's but fear and greed might case a sell off hysteria that might push as down further, If we break 130 , we may see mid to low teens. Observing for the bottom as sol will turn around and be above 150 very quickly once support is found. Waiting for a break at 1 hour and a test on the 4 before I would consider the trend e nullified wh consecutive higher lows Longby dasBoot2
SOLUSDT | Solana looking at a small pullback before next leg upLooking at the 1 week chart, SOL is sitting in the top half of a upwards channel. The RSI is at the bottom of the range looking to push up over the next few weeks. SOL is currently pulling back and the bottom could be in at the fib retracement level of 0.168. This would be a good buy zone for a longer hold ... I am still bullish on SOL.Longby AndreKlynsmith221
Will Solana Really Crash? Anything Is Possible But...The rise tend to be long, the drop tend to be short. We are seeing a dynamic where the pull-back lasts for weeks or months, while the drop can be over in a matter of days. After the March 2024 high, each pull-back for Solana would last between 20-30 days, while the drops can happen within 7-14 days. The last major drop developed within a short 8 days timespan, this is super fast. After this drop, Solana consolidated (the pull-back or price bounce) for 55 days. The last three days are strong red so we can say the next drop is in (developing). If this drop develops like the late July/early August one, just imagine what is about to happen... Notice how Ethereum is trading below EMA377 and Solana is trading above it. This level was challenged once as support on the 5th of August and remains active. This would be the minimum target for the next drop, $121. Below this EMA, we are looking at ultra-long-term bearish territory. Anyway, it's on! Within days, we are likely to experience the next low. Currently, Solana is trading below major moving averages that were just recently working as support. These are resistance now... The daily session is about to close. We don't know what to expect (a crash), everything is possible (it's dropping) but Solana is not going up. Namaste.Shortby AlanSantana8834
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... ;)Shortby sepehrqanbari2
A 80% correction for SOLANA to $30 ??On the above 3 day chart price action has jumped 2200% from the lows of January 2023. A number of reasons now exist to expect a significant drawdown for price action. They include: 1) Price action and RSI support failures. 2) Double top in price action. 3) Price action rejects support on rising channel. 4) Price action confirms resistance of the 3-day / 50.sma (blue line). Blue arrows. 5) The support and resistance area at $30 is also the Fibonacci 0.382, which price action corrected to previously. 6) I just know this idea is not going to popular so please have a look at the previous bearish forecast for SOLANA and even better read the comments on there before becoming a cliche. Is it possible price action continue going up? Sure. Is it probable? No and no. Ww Previous idea to $5 Shortby without_worriesUpdated 666655
Final Solana Leg?Trade is simple. seasonality seems to be on our side here, also we've been in a range for most of the year which in my opinion seems to be a distribution range, so i guess this makes a final leg then crashes real hard back below $100. But that's getting way ahead of things as of right now the trade is long!Longby lomaxrexUpdated 4
SOLUSDT, Wed 02 Oct, Part 3(NY Session)The Price was hit the "Low" of Day Nicely and rally up! I wish its goes up and reach to 15m Red FVG and then Short setup will be form and then I get Short! Do you have same wish? Happy Trade!Shortby kevin13433202013
Solana needs to collect each postionsHi dears . we are in strong Long Term buy in solana but now its time to take a profit from losing the price you can Comment "1" to tell you whats is going on now Do not forget that price will touch this green FVgs to catch all postions and make some liquidity @TradeWithMky thanks for you attention ♥ @TradeWithMky 91% winrate in TradingView 🔥🔥Shortby TradeWithMky0
SOLUSDT, Wed 02 Oct, Part 2In 15m TF, The Low and high of today was formed. Lets see how price the move and hit which one! Daily FVG: Orange Color 4H FVG: Gray Color 15 m FVG: Red Color What do think? what position we can get in NY session? Long or Short? Happy Trade!Shortby kevin134330
SOLUDT, Wed 02 Oct, October, The Month of great events!You witnessed the downward trend of the price since Monday afternoon. And we saw a sharp bearish trend yesterday that we could have a good short trade as long as the red box. I call this box: "5 handles" box. And each handle is 2 Solana. I expect to have another box today and maybe tomorrow. In London, you could get a scalp short Position!. Because in the 4-hour time frame, before 3 am, a short setup was formed. One scenario is that the price reaches 147 and from that a set-up of shorts is formed and a 5 handle shorts can be bought up to the price of 137. I think it is unlikely that despite the bearish market, the price will go up to the daily FVG area (i.e. 150-151). I also posted the link to the Big Picture Chart, be sure to check it out! If you have any idea, please comment and boost! thanksShortby kevin134331
SOL/Usdt 4HHello guys. Maybe there is a good chance for short position if you find confirmation BECAUTION LEVELS SHOWN FOR YOUShortby pichilotradesUpdated 2
SOLANA 2 OCT 24 2 TRADESHi this is my today strategy with 2 trades. the first cover the manipulation process and the second the first leg of distribution phase Longby Gozikou5
$SOL LONG Key Technical Observations: Demand Zone: Price is currently recovering after tapping a demand zone near $144.59 - $142.43. This zone acts as a potential reversal area, providing a good entry point for long positions. Break of Structure (BOS): A clear BOS occurred to the downside recently, but now price is attempting to regain ground and potentially shift back towards bullish momentum. Watching for confirmation of this reversal is crucial. Market Structure Shift (MSS): An MSS has occurred, indicating a possible return to bullish conditions. The initial retracement has shown signs of bottoming out near the demand zone, and now price appears to be rebounding. Fair Value Gap (FVG): There are visible FVGs above, particularly around $151.07 and higher, where price may attempt to fill these imbalances. These gaps typically act as magnets, providing room for further upside potential. Order Block (OB): There is a marked order block around $151.90, which coincides with a previous high. This OB acts as a potential resistance, but also as a target for a long play. Long Trade Setup: Entry Zone: Look for long entries around the $145.00 - $146.00 region, just above the tapped demand zone. Stop Loss: Set a stop below $142.43 to protect against a breakdown of the demand zone and invalidation of the long setup. Targets: First Target (TP1): $151.07 (FVG and resistance). Second Target (TP2): $158 - $161.90 (liquidity hunt and upper FVG). Trade Confirmation: Watch for a Break Above: A break and close above $149.27 would give further confidence that the bulls are taking control, signaling potential upside toward the FVG area at $151.07 and beyond. Momentum: Look for bullish momentum to continue with higher lows forming on lower timeframes, along with strong buying volume as price approaches key resistance levels. Risk Management: If price fails to hold above $144.59, it could signal further downside risks. Consider tightening stops or reevaluating the long setup if price closes below the demand zone. Longby origami_capital331
SOLUSDT, Tue 1 Oct, Nice short in NY Session!(Part 3)A beautiful short set-up was formed and, as expected, it reached the price of 146. Now, Solana will either enter a rest phase and I will not trade in the PM session, or if it reaches the red FVG area, another nice short may form with a target of 141! what do you think If you agree with me, please boost or comment!Shortby kevin134333
SOLUSDT, Tue 1 Oct. , One short & One Long!(Part 2)The Short setup perfectly was formed! Is it Touch 141? If you see it and confirm it, pls boost it! Shortby kevin134332
SOLUSDT, Tue 1 Oct. , One short & One Long!In the weekly candle, our price range is from 109 to 193. Despite the weekly candle being bullish, Yesterday, on the last day of September, a good short position was formed and after touching the price of 151 (50% Fibo), the price rally started. I expect the price to touch 151 once again and even go down to 146. I will wait until New York time. Maybe the conditions for another good shorts are forming.Shortby kevin134331
DreamAnalysis | SOL Analysis: Key Triggers for Futures TradingWelcome to today’s analysis. I will be analyzing Solana (SOL) for futures trading. The analysis will cover daily and 4-hour timeframes, focusing on identifying suitable entry and exit triggers. Daily Timeframe Overview In the daily timeframe, after a sharp upward move with strong momentum, SOL hit the $202 resistance zone, initiating a correction phase that has lasted for about 200 days. During this period, the coin has been consolidating between the $125 and $202 levels. Volume Decline and Key Resistance The trading volume has been gradually decreasing, and currently, the price is below the $161 resistance. After testing this resistance three times, SOL has yet to establish itself above this level. A breakout above $161 could serve as a good long trigger, with the first target being the next resistance at $187. voiding Moving Averages I’m not using moving averages like the SMAs due to the market’s range-bound condition and low volatility. However, for detecting momentum, we can use an RSI breakout above 65.01, but this confirmation isn’t highly reliable due to the sideways market, which makes indicators and oscillators less accurate. Long Triggers and Potential Targets The next long triggers are the breakouts of the $187 and $202 resistance levels. Personally, I prefer opening a position with the $187 breakout, as the $202 breakout might not provide a strong and reliable trigger. If $202 is broken, the next target would be $233. Short Triggers and Bias Towards Uptrend The short triggers are $139 and $125, but I’d prefer to open a position at $125 since the main market trend is still bullish and currently in correction. I believe there is a higher chance of an upward move than a downward one. If the support levels are broken, the next support target would be $82. 4-Hour Timeframe Analysis Now, let’s move on to the 4-hour timeframe. The triggers from the higher timeframes are also visible with slight modifications, and we can use the same triggers in this timeframe as well. Weakening Momentum In the last upward wave, after hitting the $160 resistance, volume started to decline, and the size of the candles and market momentum indicated weakness in the trend. Additionally, we have a convex trendline that also highlights the weakening wave. Given this, I’d personally open a short position upon breaking the trendline and the $152 support, but with low risk. I’d take profits at the $138 and $126 support levels. Importance of $160 Resistance Despite the weakening trend and the short trigger, I wouldn’t hesitate to open a long position. The $160 resistance is crucial, as it has pushed the price down three times so far. Therefore, it’s natural for the price to lose strength near this level. The $160 breakout is also a valid long trigger, and I’d make every effort to open a long position if this resistance is broken. Caution on Short Triggers As mentioned, the first and riskier short trigger is the $152 level, which isn’t very reliable. I recommend risking only half of your usual amount for this position. The next trigger is at $138, which I view as a target for the first short position. The main short trigger is at $126. [bFinal Thoughts on SOL’s Trend Overall, I believe that in the higher timeframes, Solana’s trend remains bullish, which affects futures triggers. Given this, I personally prefer taking long positions, which is why I wouldn’t open a short position at the $138 level. However, the $160 breakout seems like a good long position opportunity for me. Disclaimer This is not financial advice, and it’s purely my personal opinion on the movement of this coin. It may be entirely wrong, so always do your own research before making any decisions.Longby DreamAnalysis2
SOLPrice Action: CRYPTOCAP:SOL is currently testing the midpoint of the range. If it breaks above this level and the 200-day moving average holds, it may continue toward the Range High of 209.88. Support: If the current levels fail, the price could retest the 119.19 support and even the Range Low at 105.81. Strategy: Monitor the range-bound movement and play the range high and low levels for potential swing trades.by CHILL_TRADER990
OvertradingI want to talk about overtrading in trading Looking at social media traders, it seems like everyone is trading perfectly! In reality, everyone has their own demons that we fight every day! Overtrading is not gambling, but it is also not good! Yes, of course, we must have a trading strategy and if we do not stick to the strategy, and more importantly, risk management! The number of open trades does not equal profit! Overtrading is an excessive passion for buying or selling financial instruments, also known as tilt. In other words, having too many open positions or using a disproportionate amount in one trade. There are no laws or rules against overtrading for individual traders, but it can hurt your trading account or portfolio. Trading style is an important component of your trading. This means that your preferred style should determine the frequency of your trades. For example, you are more comfortable trading swing positions with a stop loss of 3-4 percent with a little leverage! Perhaps you do not have the time or desire to sit during the day and monitor entry points! Therefore, if you have a trading style that is comfortable for you, stick to it! If you switch and make 3-5 trades during the day, you will simply burn out from emotions, good or bad! You can also feel problems when you do not trade enough! Sometimes you see positions, but fear overcomes you and you do not open positions, but just watch! Often, after a series of such missed trades, you open a trade on emotions! Therefore, always keep a balance in your trading style The biggest reason for infrequent trading is the fear of losing money. But if you do not trade, you can miss good trading opportunities. Reasons for overtrading Excessive trading occurs when a trader does not adhere to the rules of his trading strategy. He is tempted to increase the frequency of trades without consulting a trading plan, which can lead to bad consequences. To prevent overtrading, you can change your trading plan at any time to be more restrictive and add stricter entry and exit criteria. Avoid emotional trading: Distinguish between rational and emotional trading decisions and back up your decisions with clear market analysis. Diversify your portfolio: If you often open more than one position, you can minimize risk by spreading your investments across different asset classes. Use only what you have: Decide how much you want to risk, but never trade with more capital than you can afford to lose. When it comes to your trading plan, consider your goals and motivation, time and money, and market knowledge to manage risk. Goals and Motivation Describe what drives you to trade. Do you want to make a profit? Or do you simply want to learn more about how the financial markets work? It’s important to not only write down why you want to be a trader, but also what type of trader you want to be. There are four common trading styles: scalping, day trading, swing trading, and position trading. Finally, you should write down your daily, weekly, monthly, and yearly goals. Time and Money Decide how much time and money you want to dedicate to trading. Remember to factor in preparation time, learn about the markets, analyze financial information, and practice on a demo account. Then decide how much of your own money you can dedicate to trading. Never risk more than you can afford to lose. Risk Management Decide how much risk you are willing to take. All financial assets carry risk, but it is up to you to decide how aggressive your trading strategy will be. Risk management includes determining your preferred stop losses, limit orders, and risk-reward ratio. Market Knowledge Before you begin trading, it is essential that you thoroughly understand the markets and trading. Assess your experience before you start trading, and keep a trading journal to learn from your past mistakes. Overtrading and Risk Management Managing risk when overtrading or tilting starts with a trading plan. Regardless of your experience level, type of trader, or the amount of money you have to spend, you need a well-thought-out trading plan. Once you have that plan, you can assess how much you are trading. Calculate your maximum risk per trade Choosing how much to risk on each trade is a personal choice. It can be anything from 1% to 10% for traders who can take a lot of risk. But if you risk up to 10%, it can take as few as five trades to lose 50% of your trading capital, so a lower percentage is usually recommended. You should make sure that your risk percentage is sustainable and that you can still achieve your trading goals with the chosen percentage of risk you take Educationby Crypto4light8
SOLANA shorting 1st October 24Gm, price move again in the box, but there a sheling block at 160-162 and also the the price still under the trade line. so here is my trade for today : Entry 158.86 Stop 162.88 target1 149.95 target2 146.09 target3 142.62 move the Stop at 155 after the target1 Shortby Gozikou1
SOLUSDT Potential trend continuation after a correctionSOLUSDT recently tested the psychological level at 160, forming a double top pattern, which could signal a potential reversal or consolidation after reaching this key level. Prior to this, the market broke and closed above another significant level at 150, a bullish indication that buyers are stepping in. On the daily timeframe, the market is currently testing a previous resistance zone, where selling pressure led to pullbacks on two prior occasions. However, on the weekly timeframe, the last two candles have shown strong momentum, reinforcing the bullish sentiment in the market. The price may consolidate just below the 160 resistance level before a potential breakout. The target is the resistance zone at 165Longby RTED_Investing1