SOLUSDT 1DSOL ~ Update
#SOL Successfully penetrated the resistance line of this pattern. bullishness will start to dominate from here now.
SOLUSDT trade ideas
SOLUSDTmy entry on this trade idea is taken from a point of interest below an inducement.. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. just a trade idea, not financial advise
What is next for SOL?Hello everyone,
CRYPTOCAP:SOL has been one of the best-performing altcoins up to today.
According to the chart, what can we expect for CRYPTOCAP:SOL in the coming weeks?
Firstly, CRYPTOCAP:SOL is forming two patterns: a double bottom and a descending triangle, with a potential target hitting the previous all-time high (ATH) at $260.
After breaking the ATH, you can hold your CRYPTOCAP:SOL until $457-$521, which could become the new ATH this bull market. However, in a bull market, it's unpredictable, so if CRYPTOCAP:SOL trades successfully above $521, it could potentially make a historical run towards $3800-$4366.
CRYPTOCAP:SOL is one of the altcoins that you should definitely keep in your wallet.
The resistances on the way after the ATH are:
$328
$393
$457
$521 as a final target
Feel free to ask about anything.
Have a nice day.
SOLANA UpdateSOLANA is now on liquidity zone and i think its correctionaling to fill price gaps around support zone.
1st zone will give us cinfirmations about next steps to up or down
solar cycles - SOl/USDTTargets on this look pretty good on a break up, . I think we have 1-2-3-4 of the third already in, normally when the third only goes to the 1.618, you get a parabolic 5th, so it could be a nice fast trade
SOLUSDT Key Resistance Breached – What’s Next? Yello, Paradisers! Did you catch our recent prediction about #SOLUSDT breaking above its resistance? Well, it just happened! Let's dive into what this means for your trading strategy.
💎#SOLANA has successfully broken above the resistance zone at $140.78 and faced rejection from the internal supply at $151.18. Currently, the price is in a retesting phase. If #SOL holds this support level at $140.78 and maintains its momentum, there's a high probability of a bullish ride towards the next resistance zone. Interestingly, the price is sustaining a strong position above multiple EMAs, further strengthening the bullish scenario.
💎Should #SOL break above $151.18, the next target is the subsequent resistance zone. Conversely, if the price fails to sustain momentum at the current support, we expect a potential bullish rebound from the lower demand zone around $134.77.
💎Staying vigilant is crucial. Keep a close eye on #SOL price movements. A breakdown below the demand area, confirmed by a daily closure, would challenge our bullish outlook and could lead to further declines.
Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
4 conditions for profitable trading👀Be sure to read the description on the FIG
Thank you for supporting me❤️❤️
✅If you have seen these 4 items, you can have a profitable trade
1️⃣ Let's have a trend. No side
2️⃣ Find a price pattern that is forming (before confirmation).
3️⃣ Let the price hit a key support or resistance
4️⃣ If you see a price pattern in the lower time-frame on the key level, trade after seeing the confirmation.
🔰In this case, you can get the targets from the bigger pattern
SOLANA UPDATEHello Everyone,
I wanted to update you all about Solana's current status.
Key Points:
Solana has broken its weekly trendline support and is now holding at the first key support level of $127-$115.
What's Next?
If it doesn't hold at $127-$115, the next key support level is $98.
If it fails to hold at $98, the next support level and good buying zone is $80-$70 from where it can starts pumping again.
Get ready for these potential moves.
SOL/USDT SELL NOW!!!!!!!!!!SOL completed my last selling opportunity and now again we have a rising wedge spotted with a three point rejections for a selling opportunity entry am taking a sell from this premium zone till breakouts, retest and sell off to target
JOIN AND ENJOY
Tell us your take on this on the comment sessions......................
SOLUSDTmy entry on this trade idea is taken from a point of interest below an inducement.. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. just a trade idea, not financial advise
SOLUSDT, Fri 12 Jul, ( Last Idea of Today)I thought and expected the similar things with what in this news!
www.tradingview.com
I think also the price will be move like path showed in chart!
Fri 12 Jul - 17:00
SOLUSDT, Fri 12 Jul , Time to short?I said the setup start to forming in last ideas!
What do you think?
Which is our area for entry point?
Its hard for me to decide for it.....
Please advise
Fri 12 Jul, 10:34
SOLANA in middle rangeSOLANA is in mid range of trend and is bouncing to fill some liquiditaion, and the main senario is that the price would to make lower lows
#SOLANA/ It grows from one of these supports!!SOLANA can continue IT'S growth from one of the supports of the bottom of the BULLISH channel or the range of 135.88-136.53!
Growth targets:
Target 1: 145.28
Target 2: 148.07
Target 3: 150.76
Target 4: 169.88
Growth scenario STOP-LOSS: the support range is 136.53-135.88
If this range is broken, it can fall to the targets specified in the figure
Comment your opinion:
SOL - in short as well from 145$I think its not over yet and Solanas price is too high. Im expecting further correction to 80-60$. Regards.
SOLUSDT, Thu 11 Jul, Wait for short Position (Update)!Its Seems the setup start to forming!
Maybe in this Pm Session or Tomorrow?
Which Areas will be My Entry Point? (1 Or 2 or 3)
The 11 Jul - 14:07
Solana Price Breakout Alert: Levels Every Trader Must Watch!The latest technical analysis for BINANCE:SOLUSDT on the 4-hour chart reveals intriguing insights into potential movements and trading opportunities. With a recent close of $142.09, SOL's performance is closely monitored by traders seeking to capitalize on short-term trends.
The immediate resistance level of $142.12 is crucial for determining the next upward movement. If SOL breaks above this point, the price could test higher resistance at $142.68 and subsequently at $143.05. These higher resistance levels are significant markers for bullish traders. A sustained break above $143.05 could signal a strong bullish trend.
On the downside, the immediate support level to watch is $142.03. If the Solana price fails to hold above this level, it may fall to lower supports at $141.8 and $141.55. These levels provide additional support, potentially preventing further decline. A breach below $141.55 could indicate a bearish trend, inviting further downside risk.
Exponential Moving Averages (EMAs) indicate a generally bullish sentiment. The 9 EMA, currently around $141.47, is above the 20 EMA, approximately $140.64, signaling an upward trend. The convergence of the EMAs suggests that SOL is maintaining bullish momentum, although traders should watch for any signs of divergence that may indicate a shift.
MACD analysis shows the MACD line consistently above the signal line, suggesting bullish momentum. The histogram's positive values reinforce this sentiment, although a narrowing histogram indicates that the bullish momentum might be weakening. Traders should monitor the MACD closely for any potential crossovers that could signify a reversal.
Meanwhile, the Relative Strength Index (RSI) fluctuates around the 50 mark, currently at 54.31. This neutral position indicates a balanced market without extreme overbought or oversold conditions. A move above 70 could signal overbought conditions, suggesting a potential pullback, while a dip below 30 could indicate oversold conditions, presenting a buying opportunity.
For long trades, a confirmed break above $142.12 could be a good entry point, aiming for resistance levels at $142.68 and $143.05. Traders should consider exiting at or near these resistance levels, particularly if there are signs of price rejection or weakening bullish momentum.
For short trades, if SOL falls below $142.03, it could trigger short positions targeting the next support levels at $141.8 and $141.55. Exiting short trades at these support levels may be prudent, especially if the price shows signs of stabilization or reversal.
In conclusion, the Solana price presents a mixed yet cautiously bullish outlook on the 4-hour chart. Traders should pay close attention to key support and resistance levels and monitor technical indicators for signs of momentum shifts. As always, prudent risk management and thorough analysis are essential for successful trading.
SOLUSDT, Thu 11 Jul, Wait for short Position!Looking at the market over the past few days, I'm waiting to see how high the price goes?
Does it cross today's High or not?
It doesn't seem that the price will go higher than Wednesday's High!
As a result, I will wait for the right position for a sharp and fast short position.
My first target will be at least Monday` Low and the 2nd target will be at least Friday of last week.
Wish for a low-loss trade
Thu 11 Jul - 4:46
SOLUSDT.P Taking short here towards the near support level. Suppose continuation of the downtrend on 4H. This move could be brutal.
DYOR
#SOLUSDT ETF Approval Will Send The Price To New ATH🔹Over the last week BINANCE:SOLUSDT price has increased by 20%, pushing the price above the 200 MA ($137.98). Surge in SOL's price is linked to excitement over potential spot Solana ETFs.
🔸VanEck and 21Shares submitted applications for spot Solana ETFs to the SEC. SEC has 240 days to decide on the spot Solana ETF applications.
🔹Analysis of DApps and on-chain activity supports SOL's price strength and potential for further increases. If so, the bulls can push the price above the 50 MA ($151.30). After establishing the 50 MA as an support buyers next target could be $173.25, $200.00 and $215.00.
🔸Conversely if the price fell below the current support, the 200 MA ($137.98), and the support at $120.00 - $116.00 which are really important. Sellers can get the upper hand in this scenario and will be able to push the price down to $100, $94, $85 and $80.
Will the price drop continue?📊Due to the compression of the price movement and the reduction of the movement momentum, if the price breaks its upward trend and stabilizes below the range of 135.0, there is a possibility of the price falling to the range of 133.0 🎯and in case of strength to the range of 124.0 units🎯🎯.
📊Otherwise, the possibility of price increase up to the range of 150.0 units.
SOLUSDT, Tue 09 Jul !Today's price changes situation was interesting and very clean to trade.
It's a pity that I was busy today.
But it was a good sign for the coming days.
What I am looking for is a sharp and fast position with a minimum difference of 10 sols between the entry price and the target!
What I saw on today's chart, between Wednesday's high range and last Friday's low!
Using only Fibonacci, when the price went above 62%, a short position could be taken.
Especially in London and New York sessions!
What was evident so far today was that Sat`s High has not been hit!
Will this price level (144.30) be reached by the end of today or tomorrow?
It won't matter, I'll be looking for shorts again tomorrow.
However, on Thursday, I will look for that sharp and fast position.
Of course, I also consider that above the 62% level and above the price of 144.30, there are still FVG and price gaps, and this will depend on the highest price will be recorded by tomorrow.
Wish You all Low-Loss trade!
Tue 09 Jul - 17:53
