SOLUSDTAfter success breakout , Solana now trying to Retest the line and conceder it as a support , if its valid retest we might see a long and hit targets 204 , 213 on short term . watch closely for the daily close ! keep in mind MTGOX claimers might sell full or some of their holding . by dubai_kingpinUpdated 115
15m chart SOLIt will break that $185.6 and going lower as the price cant sustain above it.Shortby RiceCooking0
SOL Double TOP, What its means????? Its sell time SOL ha made the Double Bottom in 1 day. Making Bearish Divergence at the bottom which strong indicates that we should sell the position immediate. Shortby limitissky7711112
I will consider Solana around 80$Blue Line - All time high ( 260 ) Green Line - Interest zone ( 116, 90, 80 ) As you can see triangle pattern spotted in a daily timeframe, and successfully break the upper resistance channel with wickless Bull candle in a weekly timeframe. It is a huge confirmation to hit All-Time high in near future. If BINANCE:SOLUSDT able to close candle above 260 in either a weekly or monthly timeframe I would consider short trade until 90-116 range. 80-95 range is crucial support zone to hold in a monthly timeframe, which means BINANCE:SOLUSDT must close a candle above 80 in a monthly timeframe. But remember we can reach 50-70 range in a weekly timeframe.Longby terayu332
SOL ANALYSIS🔮 #SOL Analysis 💰💰 🌟🚀 As we can see that #SOL is trading in a symmetrical triangle and given a perfect breakout and already retest the major support zone. If #SOL breaks the descending trendline then we will see a good bullish move in few days . 🚀🚀 🔖 Current Price: $182.30 ⏳ Target Price: $207.77 #SOL #Cryptocurrency #DYORLongby ZEUS_Market_Alerts9
SOL Technical Analysis: Navigate Price Levels for SuccessThe chart shows three major areas of support and resistance: Green zone at $118.39 - $128.52, Blue zone at $198.74 - $210.55, Yellow zone at $153.09 - $155.57, and two levels at $184.41 and $163.20. These zones and levels are important because they indicate zones where the price has previously seen considerable buying or selling pressure. The Green zone has served as a key support area. The price has previously experienced significant purchasing activity in this area, resulting in substantial reversals. This means that if the price fell to this level again, it would likely face significant buying pressure. The Blue zone at $198.74 - $210.55, is a strong resistance area. Historically, the price has been facing selling pressure in this zone, making it an important region to monitor for potential reversals or breakouts. Currently, the price is on the Yellow support zone. The price is consolidating between resistance at $163.20 and this yellow zone support. A clear break and close above the resistance at $163.20, especially if supported by increasing trading volume, may indicate a bullish move. A descending trendline from previous highs also indicates that the price is in a bearish trend. A breakout above this trendline, along with a breach of the resistance level, would be a strong bullish signal, indicating a possible shift from a bearish to bullish trend. The chart's key level and zones give an overview for predicting future price movements. A bullish scenario might involve a break out of the resistance level at $163.20 and the descending trendline, resulting in an upward trend toward the next resistance level at $184.41 and if the momentum continues we might see the price move towards the blue resistance zone. A bearish scenario would be indicated by a failure to hold the yellow support zone and a further drop toward the green support zone. Monitoring these important levels and the related volume will provide useful information about the future price trend by TheCryptoCityUpdated 1114
SOLUSD Next Move ~$200+ After reaching the $185 mark, Solanium headed for a correction. Within the channel there was a decline to the lower boundary The 4th wave basically always comes in the range of the 4th wave of a smaller degree The correction in the 4th wave mostly occurs within the 61.8% Fibonacci range According to the wave theory, all the necessary conditions for correction have been met and Solanium is most likely moving within the 5th wave to the $200+ markLongby DevilOfTrade7746
SOL - analysis with several indicators (12H)Technical Analysis of SOL/USDT Overview The provided chart is a 12-hour timeframe for Solana (SOL) against USDT on Binance. Various technical indicators are included, such as Bollinger Bands, MACD, Volume Oscillator, Money Flow Index (MFI), Average Directional Index (ADX), and Directional Movement Index (DMI). This analysis will focus on these indicators to understand the current price action and potential future movements. Price Trends and Bollinger Bands Price Movement: The current price is around $178.69, with recent highs close to $200. The price appears to be trading above the middle Bollinger Band, indicating a bullish bias in the short term. Bollinger Bands: The bands are expanding, suggesting increased volatility. The price recently touched the upper band and is currently consolidating, which may indicate either a pause before further upward movement or a potential retracement. Moving Averages and Trendlines Trendline: There is an upward trendline indicating a general bullish trend over the analyzed period. The price has respected this trendline multiple times. 20 SMA (Bollinger Band): The 20-period Simple Moving Average (SMA) within the Bollinger Bands acts as a dynamic support level. The price trading above this SMA suggests continued bullish momentum. MACD (Moving Average Convergence Divergence) MACD Line (Blue) and Signal Line (Orange): The MACD line is above the signal line, which is a bullish signal. The histogram is also in positive territory, reinforcing the bullish momentum. Potential Crossovers: Any potential bearish crossover should be watched closely, as it could indicate a shift in momentum. Volume Oscillator Volume Trends: The volume oscillator shows a decrease in volume (-15.75%), indicating that the recent price movements might lack strong support from trading volume. This could suggest a potential weakening of the current trend. Money Flow Index (MFI) MFI Level: The MFI is at 55.57, indicating that the asset is neither overbought nor oversold. This suggests that there is still room for upward movement without immediate risk of a strong reversal due to overbought conditions. Average Directional Index (ADX) ADX Level: The ADX is at 31.26, which suggests a strong trend. An ADX above 25 typically indicates a strong trend, whether bullish or bearish. In this context, it supports the current bullish trend. Directional Movement (DMI): +DI (Blue) and -DI (Red): The +DI is above the -DI, indicating that the current trend is bullish. The gap between the two lines suggests the strength of this bullish trend. Potential Scenarios Bullish Scenario: Continuation of Uptrend: If the price continues to respect the upward trendline and remains above the middle Bollinger Band and the 20 SMA, we could see further upward movement towards $200 and potentially beyond. Support Levels: Immediate support can be found at the 20 SMA and the trendline, around the current levels. Bearish Scenario: Retracement: If the price fails to hold above the middle Bollinger Band or if the MACD shows a bearish crossover, a retracement to the lower Bollinger Band around $150 could occur. Volume Confirmation: A decrease in volume supporting a downward move would confirm a potential bearish scenario. Neutral Scenario: Consolidation: The price might consolidate between $160 and $190 before making a decisive move. During this period, traders should watch for a breakout or breakdown from this range to determine the next significant move. Conclusion The current technical indicators suggest a bullish bias for Solana (SOL) against USDT, with strong support from moving averages and trendlines. However, the declining volume oscillator and neutral MFI levels indicate caution. Monitoring the MACD for potential crossovers and the ADX/DMI for trend strength will be crucial in confirming the continuation of the bullish trend or signaling a reversal.Longby Aroundthesun1
SOLUSDT: BRREAKOUT & RETEST CONFIRMED!!SOLUSDT appears favorable for a long position or spot hold. SOLUSDT has broken out of a symmetrical triangle pattern. The breakout and subsequent retest appear to have been completed, suggesting that every dip could present a buying opportunity. The entry zone is indicated on the chart, with potential gains of nearly 122% for futures and hold suggestion for spot traders. Stop loss is around $149.13. What are your thoughts on this analysis? Feel free to share your insights in the comments!Longby persis10t6
Sol/Usdt Plan SOL/USDT chart is looking good on the daily timeframe with a bullish flag pattern possibly forming. There is anticipation of a price bounce and breakout imminent. Watch for the breakout of a small trendline which may precede a significant move towards the bullish flag's resistance zone. It is important to conduct your own research and analysis as this is not financial advice. Stay tuned for potential positive developments in the SOL/USDT trading pair.Longby Crypto-By-GhaziUpdated 6
BTCUSDT & SOLUSDT, One Short Scenario for Friday!(Updated)Lets see whats Happens in NY Session Or PM Session! If I see the short setup, Try to trade! Lucky Trade!Shortby kevin134331
SOLANA Pattern FormationBased on the previous analysis I had done earlier, I anticipated that a bullish momentum will build. This coin is now forming a bearish flag, which IMO is a strong indicator for a potential bull run Let us wait for the price to test the resistance zone so that we can have a clear entry position.by Vapari_Inc3
sol usdtSol usdt is bieng bullish despite the drop in btc in the previous days. keeping that in view, now when btc having a minor relief rally to the upside we can assume sol to aggressively touch 183. From there we can expect a reversal. Lets see how it goes Longby TRADETITANWAQAS334
SOLANASolana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions. While the idea and initial work on the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation with headquarters in Geneva, Switzerland. Longby Cryptonix-Empire1
BTCUSDT & SOLUSDT, One Short Scenario for Friday! The setup I am looking for is showing in BTCUSDT, But i don`t trade it, I Trade SOLUSDT! As SOL is following BTC well, I start to look at the chart of BTCUSDT first and get confirmation from it to trade SOLUSDT! One short Position As a Scenario for tomorrow, will be show in attached chart! Wish Low-Loss Trade! Note: Above Idea is only my idea and it is not Offering Buy or sell or Trade! re Its Just my Idea to share with you and wait for your Kind comments or share your Idea with me!Shortby kevin134332
$SOL Short- Rejected off previous quarter value area high - Rejected off yearly developing value area high -Targeting the previous month VWAP at 146Shortby CryptoGoPro0
Solana Loong!Based on the previous post I had done earlier today, it is now time to have an entry position as the pattern has now being completed. Entry point at 174, SL at 165 and the target is 205. Expected R:R is 1:3Longby Vapari_IncUpdated 5521
SOLUSDT.PI think shs will be created here and the downward trend will continue up to the demand zoneShortby hikmatasifli0
SOLUSDT, The 24 Jul !A review of yesterday! Yesterday, both in NY and PM session, two short positions can be taken, and of course the PM session shorts were much better. What was yesterday's analysis? On Tuesday, the price could not break the price ceiling (High) of Monday, so this was expected on Wednesday that a short position can be taken from 15m FVG on Tuesday. In the NY session on Tuesday and Wednesday, the price fluctuation is not so impressive, like today! Can we expect another short position in today's PM session? Or should we look for it tomorrow? Or will the price go down from Yellow 15m FVG ? Or to have a price rally up to 188 in the coming days? Wish Low-Loss Trade!Shortby kevin13433Updated 0
#SOLUSDT: What's next? Read Description! Dear Traders, Hope you are great, there is a high chance of price creating higher high after rejecting at current discounted price zone. The price behaviour and momentum of the trend suggest possible price change. Entry at current price region can be suitable for traders who trade swing, in long run we can see significant growth in this crypto pair. Good luck and trade safe.Longby Setupsfx_Updated 5562
Sol - Successful Retest Our previous analysis has played out as predicted: We were expecting a retest of our trendline to flip that old resistance into new support and so far it seems to be playing out. Due to the ETFs it is still important to stay cautious. So although this looks like a great long position if we care to close back below the trendline it is better to get out of the trade entirely rather than to hold onto it. If we fail to maintain above the trendline a test of the $120 range is still in play, but for now things look great. by VIAQUANT1
Trade Setup: SOL Long PositionMarket Context: The upcoming SOL ETF and the Solana Breakpoint event in 6 weeks are key narratives. Solana's ecosystem is showing strength and resilience even when the market is declining. Trade Parameters: Entry: Enter a long trade around $155. Take Profit: First target: $185 Second target: $205 Stop Loss: Set at $146 📊 Watch the price action and adjust the trade based on market conditions. Given the potential for market narratives to drive momentum, it's important to stay informed about any developments related to the SOL ETF and the Breakpoint event. #SOL #CryptoTrading #TradeSetup 🎯Longby Richtv_official3
Solana Faces Critical Resistance: What Traders Need to KnowBINANCE:SOLUSDT has experienced some notable movements in recent trading sessions. Recent closing prices show a volatile market. This recent fluctuation presents both opportunities and challenges for traders looking to capitalize on the shifts in momentum. The 9 and 20 EMAs are currently indicating a mixed outlook. The 9 EMA has moved from $176.50 to $173.68, while the 20 EMA has ranged from $175.57 to $174.40. This narrowing gap between the shorter and longer EMAs could suggest a potential consolidation phase. Traders should watch for a crossover, which could indicate a more definitive trend direction. MACD values have displayed a consistent decline in the histogram, moving from -0.62 to -1.23. This bearish divergence suggests weakening momentum, a potential precursor to a downward movement if the trend continues. Meanwhile, the RSI, currently hovering around 58.46 to 44.83, shows that the asset is neither overbought nor oversold, leaving room for movement in either direction. The first resistance level to watch is at $174.4. This level has proven to be a significant barrier, with previous attempts to break through it facing selling pressure. If the Solana price can overcome this level, it could signal a potential continuation of the upward trend. Another critical resistance is at $174.74. This slightly higher level reinforces the importance of overcoming the initial resistance, as it may confirm a stronger bullish sentiment. On the downside, the $169.12 support level is crucial. This level has historically provided a strong foundation for price rebounds, and its ability to hold could determine the near-term direction of the Solana price. If this support is breached, the next level to watch is $168.29. Breaking below this support could signal a further decline, potentially leading to a bearish outlook for the asset. Potential entry points for long trades could be considered around the $169.12 and $168.29 support levels, provided that these levels show signs of holding. If the Solana price manages to rebound from these supports, targeting the $174.4 and $174.74 resistance levels could be profitable. Exiting trades near these resistance levels would be prudent to maximize gains while minimizing the risk of reversals. Entry points for short trades might be ideal near the $174.4 and $174.74 resistance levels if there are signs of weakening momentum, indicated by bearish candlestick patterns or further MACD divergence. Exits could be planned around the $169.12 and $168.29 support levels to secure profits before a potential bounce. In conclusion, the technical indicators present a cautious outlook for the Solana price. The declining MACD histogram and the neutral RSI suggest a wait-and-see approach may be appropriate. However, vigilant monitoring of key support and resistance levels will be critical for identifying potential entry and exit points for both long and short trades. by Ecoinimist0