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SOLUSDT trade ideas

Solana Cup & Handle breakoutSOL 1day shows the breakout of the handle from the Cup & Handle bullish pattern extending from Jan 2022 to March 2024 Price retraced from around $200 down to find strong support at around $125 to form the handle and has aggressively broken out to the upside Resistance is expected at the local high around $200 then ATH around $260 on the way through to the Cup and 2nd fib extensions level at around $340 a nice 100% move from here to start us off I don't think we will need a SOL ETF to arrive at the first target
by Hollowzep
SOLANA - Major Macro Fib Time & FractalHi everyone! I just did a full breakdown on what's about to happen with Bitcoin, Ethereum, Solana, and the Crypto Market in general. This is too important for me to keep 100% private, so I'm going to give you a quick glance at it. Monday, July 29th, 2024. Mark it on a calendar. It's a major macro fib time. You can see how the last 2 played out. We've been sandwiched in between 2 major fib times this entire time, but that changes in exactly 10 days. I have a fractal here from last cycle that looks eerily similar to what's going on right now. Just thought you might like to see it. From a macro standpoint, structurally on Solana, we've made 2 higher lows. Our current highs are in descending order and are now weak & targeted highs, because they failed to break the previous low. Just like last cycle, the bull run kicked off at the end of July 2020. It's looking like we're scheduled to do the exact same thing this cycle. Cancel your short plans & get those bags packed!
Long
by DigiLex_LLC
Solana - $SOLThe chart shows a significant support zone (highlighted in red) and a potential bullish breakout above the resistance level. The price is expected to rise towards the $210.26 level. Solana is an open-source blockchain project designed to provide decentralized finance (DeFi) solutions. Officially launched in March 2020 by the Solana Foundation in Geneva, Switzerland, Solana supports decentralized app (DApp) creation with a focus on scalability. Its innovative hybrid consensus model combines proof-of-history (PoH) with proof-of-stake (PoS), attracting both small and institutional traders. The Solana Foundation aims to make decentralized finance accessible on a larger scale. Ensure proper position sizing to avoid overexposure to market volatility.
Long
by TopGBanks
#SOLUSDT #1h (OKX Futures) Ascending broadening wedge breakdownSolana lost 50MA on hourly TF, retracement down to 200MA support seems in place, let's hedge short. ⚡️⚡️ #SOL/USDT ⚡️⚡️ Exchanges: OKX Futures Signal Type: Regular (Short) Leverage: Isolated (6.0X) Amount: 4.8% Current Price: 157.06 Entry Targets: 1) 158.69 Take-Profit Targets: 1) 147.63 Stop Targets: 1) 164.23 Published By: @Zblaba CRYPTOCAP:SOL OKX:SOLUSDT.P #1h #Solana #PoS solana.com Risk/Reward= 1:2.0 Expected Profit= +41.8% Possible Loss= -20.9% Estimated Gaintime= 2-3 days
Short
by TradingOn
1
#SOLANA / WE HAVE SHORT-TERM GROWTH!!Be sure to read the explanation on the chart!! It cannot be guaranteed that SOLANA can have continuous growth But short-term growth up to the targets of 142.04, 144.37 and 148.07 is possible. The resistance of 148.07 related to the daily time-frame may cause the start of a fall in SOL. #SOL, in case of a drop, can react positively to the key supports of 137.97 and 135.88. The STOP-LOSS of the growth scenario: the break of support is 135.88 in the 4-hour time-frame. I will update if it becomes active... What do you think about the short term future of #SOLANA?
Long
by Eldorado_Land
10
SOL ANALYSIS🚀#SOL Analysis : 🔮#SOL is making bullish pennant pattern on the weekly timeframe💁‍♂️ The breakout of the bullish pennant pattern suggests a potential bullish move📈 Expect a bullish wave of around 30% in the coming weeks 🔰Current Price:  $156.50 🎯 Target Price:   $203.45 ⚡️What to do ? 👀Keep an eye on #SOL price action. We can trade according to the chart and make some profits⚡️⚡️ #SOL  #Cryptocurrency #TechnicalAnalysis  #DYOR
Long
by ZEUS_Market_Alerts
1
SOL near term top around 174$ then 140$I expect solana to complete the first 5 waves structure around 174$. We are now at the top of the 3th wave so I will be more precise when more data come. If the current 5 waves stucture ends at 174$ I expect next near term healthy correction to touch 140$ where the 0.618 fibonachi retracement from swing bottom to swing top is and then will go to moon ... (*_*) Also the whole price level from 167$ to 174$ is a very strong resistance zone since Mart. It was first support in Mart and April and then resistance in May and Juny.
by la40
2
SOLUSDT, The 18 JUL, Short Setup!Based on the analysis and idea of ​​a few days ago, I hope and expect that the short setup will happen and form as shown in the chart. In other words, the price will cross the 50% Fibo line and start its downward movement after reaching the red FVG. The possibility that the price will return to FVG after the downward movement and continue its downward movement sharper again. The targets are 151 and 141 respectively. There is a possibility that this setup will be formed tomorrow! Wish for a low-loss trade
Short
by kevin13433
2
Lingrid | SOLUSDT broke through the KEY levelThe price perfectly fulfilled my previous idea. Recently, SOLUSDT broke out of its range zone and surpassed the key 150 level, indicating a significant bullish signal. The maarket broke the traingle pattern as well which trend continuation patern. The market's ability to break through its previous high suggests a potential upward momentum. If the market to pulls back to the broken level at 150 and rejects it, we can expect the current trend to continue. My target is the resistance zone at 170. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Long
by Lingrid
5