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SOL / TetherUS

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SOLUSDT trade ideas

SOLUSD - SOLBTCSOL keeps showing strength against both USD and BTC, against my expectations. A bit of hindsight analysis, but the red markers show SOL coming into support on both pairs at the same time. Keep an eye out for this, whether it's on this coin or any others. If you can't find the ALTBTC pair, you can always create it by typing "ALTUSDT/BTCUSDT" in the tradingview searchbox. Even more important then buying double support: watch out for ALTBTC losing support or starting to downtrend. If this happens, your altcoin will keep underperforming on green days and outperform to the downside on red days.
by Tealstreet
1
Sol Long The SOL/USDT pair is currently at a crucial juncture, with bulls strongly defending critical levels amidst significant reversal signals. Liquidity has been absorbed at key support, suggesting the potential for a bounce if this level holds. It is important to conduct your own research (DYOR) and remember this is not financial advice (NFA). Price Targets: Should the bounce continue, resistance can be anticipated around $150 and $170. Conversely, if the price breaks downwards, look for support near $120 and $100. Remain attentive and trade cautiously.
Long
by Kat-Crypto-Street1
8
SOL short to SOW in phase B distribution | Target around $93SOL is forming a daily distribution phase and heading towards the SOW in phase B in the green box. That's the LPS zone the Buying Climax. Do not buy unless you hit to SOW and confirm support and go in. For now, short and selling is the main trend until we land in the SOW in phase B around $93. DCA around the box and confirm with indicators for bottom is in - watch the cup and handle to play out / double bottom / spring pattern Indicators: MACD: you can see the we will get a rejection on this indicator. RSI: would reach around 20. Stoch RSI: Would go back down Reversal: Stoch RSI to come back up, MACD and RSI too.
Short
by Nep_Tuck
1
Wait... Not Yet! Solana Is Going Lower!It is not the time to buy... Wait! The market has been consolidating with a bearish bias for months, many months, since March 2024. This consolidation pattern just witnessed a strong bearish move, the strongest since April. The descending triangle support level based on candle close has been broken, that is the black dotted-line. This indicates that bearish action is intensifying. When bearish action intensifies, it is either the correct time to sell or to stay out but not to buy... Buying with a bullish perspective would be a mistake on a bearish chart setup. I am getting the feeling that you are anxious to make some mistakes and I rushed to my computer just to tell you to wait. Give it time... Consider the weekly timeframe. When a strong move develops, it needs time to settle. Time means longer-timeframes and that's the weekly... Just wait. Better prices are coming soon. Thank you for your support. Namaste.
Short
by AlanSantana
2
Here's How You CONSOLIDATE Your Portfolio Into WinnersGoing through my entire portfolio to judge performance vs Solana, which has been my golden goose this cycle. I bought TSX:FIL in October 2023. If I put that money in Solana instead, I’d be up 345% vs breakeven right now. Obviously I’m selling that position here and flipping it into CRYPTOCAP:SOL How to compare: Jump onto TradingView and on the chart name type: BINANCE:SOLUSDT/BINANCE:FILUSDT You can swap out tickers and exchanges to compare your own portfolio.
Education
by jonnieking