SOL longSOL broke trough the descending trendline. Asset broke trough the resistance level. Bullish movement to resistance level at 160 is expected to happen.
SOLUSDT trade ideas
2.43 RR or 1.86 RR (safest exit)Solana remains bullish. This is an updated short trade based on recent developments. It is a counter-trend trade so more dangerous. The idea is to hold it for only a shallow retracement before Solana's continued move up.
SOLUSDT – Potential ABC Correction into ResistanceIn this analysis, we’re tracking an Elliott Wave structure on Solana’s daily chart.
Here’s what we’re seeing:
Resistance Zone ($150-$160): This zone has been tested multiple times and remains a critical level to break for further bullish continuation. A break above this area could lead to a much stronger move towards $170+ levels.
Elliott Wave Count:
We have just completed a 5-wave impulse down, marking a significant local bottom around $129-$130.
Now, we’re possibly in the midst of an ABC corrective wave:
(A): First push upwards off the $129-$130 zone.
(B): Expected pullback after testing the resistance.
(C): Potential rally back to $150-$160 resistance to complete the ABC structure.
Support Trendline: The ascending yellow trendline connects key lows and is guiding the price upward. This line will act as dynamic support, and any break below it could invalidate the bullish scenario.
Key Levels:
Watch the resistance zone at $150-$160 closely; breaking this with strong volume would confirm a bullish breakout.
Failure to break above could push SOL back to retest support around $130-$135.
Conclusion: SOL is entering a critical phase. The ABC correction points to a potential test of the resistance zone at $150-$160, but traders should be cautious of rejection here. If the bullish scenario plays out, we could see a move toward $170+. However, invalidation below the ascending support trendline could lead to more downside.
Honestly, I don't feel like explaining, the chart says it all !!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).
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Solana breaks out like a book exampleCRYPTOCAP:SOL #SOL #SOLUSDT #SOLUSD #SOLANA
Solana breaks out like a book example:
On daily chart, Sol breaks out descending trendline and moves up in its parallel channel. I would highly suggest using descending trendline as the stop loss, taking 70% profits on middle, and rest at TP2
SOLUSDT - UniverseMetta - Analysis#SOLUSDT - UniverseMetta - Analysis
Formation of a 3-wave structure from the lower boundary of the correction movement, since the movement is lateral, one can expect a move to the upper boundary. In the opposite scenario, for further decline, it is necessary to exit the sideways movement. Since rebounds from the boundary are within 50%, one can see an excellent risk/profit ratio of 1:5 and 1:7.
Target: 149.75 - 187.46
tripple top SOLANAwe see a clear tripple top on solana. i expect the price dropping to aroung 81 $ in the next few weeks.
this is my setup for that trade. please leave comment below what you think. happy trading guys.
#SOL/USDT#SOL
We have an upward trend pattern on a 1-hour frame, the price is moving within it and adhering to its boundaries well
We have a resistance area in green at a price of 140 after the price touched it and rebounded from it
We have a trend of stability below the moving average of 100
We have a downward trend on the RSI indicator that supports further decline
Entry price 135
First target 132
Second target 130.24
Third target 128.40
Long Sol Today 128 - We about to FA & FIThis is a setup idea to see if we dump after 142 and see if the inverse head and shoulders neckline holds to send us higher we dump lower from the bear flag.
SOL: Bears in ControlWill Solana Hold the Line at $127?
Solana's price action is tense, trading at $127, a key psychological and technical support level. The recent decline has been driven by negative sentiment, exacerbated by institutional outflows and overall crypto market weakness. However, this is also where the market could flip. Traders should be on high alert for any signs of reversal or continuation as SOL approaches oversold conditions across multiple indicators.
Momentum Breakdown: Bearish but Ready for a Rebound?
The 1H RSI is deep in oversold territory, signaling that sellers may be running out of steam. With the price pressing against the lower Bollinger Band, a quick bounce isn’t out of the question. The MACD shows lingering bearish momentum, but the gap between the histogram bars is narrowing, hinting at a potential bottoming out soon.
On the 4H timeframe, the RSI remains low but slightly more stable. Volume spikes on the 4H chart could indicate that larger players are preparing for a potential reversal or trying to push the market further down to scoop up cheaper tokens.
Watch for a Bounce or Breakdown
Bullish Scenario:
If SOL manages to defend the $127 level, we could see a short-term bounce to $132.50, which aligns with the 50-day moving average and upper Bollinger Band on shorter timeframes. A successful breach of $132.50 would indicate strength, and the next target would be $138, where multiple resistance levels cluster.
Bearish Scenario:
A sustained break below $127 could trigger a sell-off down to $123.28, a secondary support level. If that fails, expect deeper pain with $110 in sight, especially if the broader market stays bearish. A drop in OBV supports this negative outlook, signaling continued distribution.
Trader Takeaway: Timing is Everything
This is a high-risk, high-reward moment for Solana traders. Watch for a bounce at $127 for a quick long trade, but be prepared to cut losses quickly if the level breaks. Volatility is likely, and setting stop losses tightly is crucial here. If you’re a swing trader, a break above $132.50 could offer a safer entry for a ride up to $138 or even $150 in a stronger market rebound.
For now, the best strategy is patience and caution—the next 24-48 hours will reveal whether SOL has the strength to rally or if the bears will tighten their grip.
With Solana teetering at $127, now is the time for decisive action. If you're eyeing a bounce, this is your potential entry point, but be ready to exit quickly if support breaks. Set tight stop-losses below $127 to protect against a further drop, and monitor volume closely for signs of a reversal. If $132.50 is breached, it could be the start of a broader recovery, giving you a prime chance to ride the wave higher. In this volatile zone, quick reactions and well-placed orders will be key to staying ahead. Stay engaged, don’t miss the breakout!
SOL goes down to $109 and $100I expect Solana in the "Wave C" move to head down to $109 and $100 price range
Solana | Simple Candlestick ReadingLet's look at Solana based on candlestick reading.
(Notice the numbers and letters on top of the candles.)
➖ March 2024 signals the end of the bullish wave.
(1) Breakdown. After the rise prices move lower strongly for the first time.
(2) The first breakdown is confirmed by a second breakdown.
(C) Continuation.
(3) Strong breakdown. Lower high compared to number one. This session becomes the main market bias. The main bias is down based on this candle. What is happening now is a down-move. This down-move started on number one and is confirmed here again at number three.
(C) Consolidation of the breakdown.
(4) Breakdown.
(C) Consolidation likely leading to the continuation of the breakdown.
➖ The whole dynamic is one of lower prices. A bearish trend. It would take at least six months for this chart structure to change.
➖ Conclusion & Interpretation
My opinion, based on the above data, is that Solana will continue to move further down before changing from bearish to bullish.
When will it change?
The chart will let us know.
When the chart shows the reversal (bullish signals), I will share them here with you.
Namaste.
SOLUSDT, Wed 18 Sep, Long or Short???Calm before the storm!
Today's highest and lowest price has been formed!
Our price range from yesterday's highest price to today's lowest price is also specified in the chart.
The price is moving upwards in our price range.
It is not clear how far the price will cross the Fibo!
Maybe in New York time, we can have a small long and we will have the main movement in the afternoon in the form of shorts!
Happy Trade!
solana breakdownsolana is most likely to break down from this pattern. the target would be 127 $ ish. i cant say much more about it. this is the setup i provide.
SOL bullish scenarioSol has been consolidating steadily however could have found a bottom along with BTC.
if on the next retrace SOL manages to remain bullish (i.e. HL) then potential of this ascending channel playing out.
Invalidation is losing the low from 5th Aug.
SOLUSDT, Tue 17 Sep, One Short Trade Suggestion!If the price doesnt hit 135 and over cross it,
I expect to have a Short trade in Pm Session!
Its not offer to buy or sell,
If you to know what is my reason,, Ask me
Happy Trade!
Solana to follow btc and eth pump to $138solana long
Limit order: $132.85
50% tp1 @ $136
50% tp2 @$138
Stop $131.78 or lower
bitcoin and eth already took off. If we gonna get in sol might be the only chance right now.
I think this is a pump to then dump on fomc IMO
SOL 2 Parabolic ChannelsThese 2 parabolic channels point $79-$81 so soon.
Look at candle contacts with parabolic lines and how the price used them so far.
There's similarity between current view and Ftx crash times for 4-6 weeks. Currently i believe that this similarity will continue like almost this way.
Solana pridictionSol is at a crucial point. The price is unlikely to move sideways. From here, it will either fall under bearish control or rise with bullish momentum.
SOLUSDT, Mon 16 Sep. Patience For Profit!I didn't want to trade on Sunday either, but it was a good trade.
Better than the profit I made, it was to correct my own price range.
Now I see this week's market better (of course I think).
In my opinion, this week will be a down week for Solana.
I also got confirmation of it from the dollar index chart.
If you look at the chart of the dollar index, (in my opinion) it will have a bullish week.
What is my plan?
I will wait for the price to perform its fluctuations.
He may do a low-risk trade in the afternoon, but this is not my main trade.
My price range is from 138 to 120 soles.
The price has once touched the 50% Fibo level and is moving upwards.
How high will the price go? (I don't know)
But when I see that the structural shift market takes shape, I will wait for a good shorts.
This wait may last until Thursday.
If you are with me, wait for my updates by boosting this idea!
If you have any comments, please share them with me.
Begging for patience!
3 Clear Outcomes for SOL heading into Q4Alrighty tradegang - we're looking at SOL daily here
One of two things are going to happen... or both
A) Price is in the process of forming a higher low and demand in that range is increasing volume wise, which means we hit the first fair value gap for sure, possible even 147 range
B) We test the demand zone a 3rd time, and form a new ceiling - meaning we would be bearish and heading down to $120 again
C) Price does retest demand zone, but the low will be $127, which would still be a higher low and a bullish indicator heading into Q4
SOL Analysis — Potential for Further Downside?Solana (SOL) is showing several signals of a further correction. After SOL bounced from its core support level at $125, the price was rejected at the EMA 200.
Currently, SOL is trading below all significant exponential moving averages (EMA). Typically, this is an explicit confirmation of a downtrend. Even worse, the Stochastic RSI is in overbought territory. Plus, the K-line has crossed below the D-line—a typical signal for a potential downside move.
The Facts Summarized:
EMA 200 rejection: SOL attempted to break above the EMA 200 but was swiftly rejected.
Overbought Stochastic RSI: The overbought conditions suggest the momentum might be cooling off.
Downtrend: SOL continues to trade below its EMAs, confirming the bearish structure.
However, even in case of a move to the downside, the 125-level should serve as an essential support.
A Sign Of Hope — BTC!
While the signals for SOL are mainly bearish, it’s essential to keep an eye on Bitcoin (unsurprisingly).
If BTC continues its upward momentum early next week, this could invalidate the bearish setup for SOL and spark a new push upward. The next few days will be crucial to watch.
