$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
Lingrid | SOLUSDT pullback TRADE. Long from SUPPORT levelThe price perfectly fulfilled my previous idea. It hit the target level. BINANCE:SOLUSDT has pulled back from its resistance zone, forming a first top, and is now retracing towards the range zone that typically serves as both support and resistance. As the market enters a correction phase, I think the price may find a support level below 170, near the upward trendline. On the weekly timeframe, we see a large bullish candlestick indicating significant buying pressure. If the price can maintain its position above this support level, I anticipate a continuation of the bullish trend. My goal is the resistance zone 184.30 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻Longby Lingrid7725
$SOL Short Term TradeCRYPTOCAP:SOL Looking good for a short term breakout on the 4h. Price has formed a short term descending channel. I will enter this trade upon a break of the the 4h descending channel AND a break of the descending 4h RSI resistance. This is a HIGH RISK trade as we will probably not see a 4h close above these levels in the next few minutes. I am using the Stochastic RSI to increase my confidence in this trade. Stoploss to be set right inside the descending channel. Measured move target is around 181.8-182.8 Enter with a break of the 4h RSI down trend as well as a break above the descending channel. Personally I will be taking the trade when those two occur but it will be very high risk trade as we probably will not have seen a 4h close above those levels within the 30min of this post. Im using the stochastic RSI to support this trade. Measured moved targets are around 181.8-182.8Longby The_Oracle_ZAUpdated 114
Solana long to $184.54 tonightEntered #solana long 🎯 $184.54 full close. 1hr and 4hr and daily uptrend. I anticipate a breakout to the upside targeting $184.54-$185 area Price is currently creating potential hl on 30 min timeframe.Longby FilnftUpdated 0
Sol scalp short to $174Just opened a #solana short Target $174.18 blah blah blah blah blah not much time to enter #sol #solusdt #crypto #cryptotradingShortby FilnftUpdated 1
Solana here we goSolana will outperform Bitcoin With speed and scale unmatched Its blockchain revolutionizes As networks get detached Transaction costs are minimal Its growth potential vast Developers flock to build upon This platform built to last Decentralized applications Run smoothly on its chain With innovation leading It’s set to break the reign Of older cryptocurrencies Solana shines so bright The future of blockchain Illuminated in its light Longby Aroundthesun224
SOLUSDT Loooong!Earlier on, I had anticipated that this crypto coin will rebound, then proceed with bullish momentum. It was still unclear how we were to achieve an entry position, which becomes clear by the day. As for now, we can see that there is falling flag pattern formation, which IMO gives a bullish momentum confirmation. Let us see how it will complete this pattern before we have a clear entry point.Longby Vapari_IncUpdated 9
SOLUSDT Looong or Shoort?Based on the previous analysis I had done earlier, I anticipated that a bullish momentum will build. This coin has now broken the upper trendline, which I assume will be converted to a support zone, if the price retests that zone. Let us wait and see so that we can confirm our position.by Vapari_IncUpdated 337
Heads up:SOL still stronger than BTC, even on a degrading marketWhile SOL is closing the last 2 4H candles supported by EMA21 BTC, on the other hand is being rejected by the EMA21Longby gazur111
SOLANA / GROWTH FROM ONE OF THESE SUPPORTS!!🚀#SOLANA is poised for another bullish run, here's why: 🔰As explained in my previous post, SOLANA has broken through significant resistance levels. Most importantly, it has breached the daily timeframe BEARISH trendline. 🔰The retracement from the BULLISH channel's top has been gradual and weak. Therefore, it's likely that this retracement will find support at key levels and reverse into an BULLISH trend. 🔰Key SOLANA support levels: 172.22-174.14 ZONE and BULLISH channel's bottom OLD BULLISH trendline 🔰If the anticipated uptrend materializes, here are the target levels: Target 1: 195.93-197.44 Target 2: 201.67 Target 3: 210.39 ❌Stop-loss for the bullish scenario: The BULLISH trendline. A breakdown of this trendline in the 4-hour timeframe would signal a bearish market.Longby Eldorado_Land4417
Sol - Breakout of TriangleRecently, we have seen a breakout of our triangle we have been monitoring. Prior analysis can be found here: Things look great for solana, but it is possible we see one more retest around the $160 level to confirm the old resistance of the triangle being flipped into new support. This is also because our RSI at the bottom is showing us at overbought conditions (red arrows). Once we close above the 70 level on the RSI we will have enough momentum for Solana to propel price back to the previous highs. by VIAQUANT113
Will Solana (SOL) have a chance to secure $210?Solana (SOL) broke above the downtrend line on July 20, opening the doors for a possible rally to $210. However, the bears are unlikely to give up easily. They will try to stall the rally near $189 and pull the price toward the downtrend line. If the price rebounds off the downtrend line, it will signal that the bulls have flipped the line into support. That will increase the likelihood of a rally to $210. Contrarily, if the price turns down and breaks below the downtrend line, it will suggest that the bears are making a comeback. The SOL/USDT pair could then plummet to the moving averages.by paul_endeo6
BULLISH ON SOLANA, TARGET PRICES FROM BINANCE FUTURES ORDERBOOK From binance futures orderbook top 3 liquidity walls we can see 199,188.5 and 185 as liquidity walls at this time. And from buyers 163,160 and 146, check the video for more detailsLong01:05by TRANSCEND_MONEY334
SOLUSDT Loong!This crypto coin has been forming a bullish pennant pattern, ever since it reached $200 in April (1D Timeframe). There will be a follow up analysis using a shorter timeframe so that we can see where the entry position will be.Longby Vapari_IncUpdated 5
Solana Technical Analysis: Will SOL hit new highs?In the past week, BYBIT:SOLUSDT has demonstrated impressive performance, yielding returns of 16.2%. This performance stands out even among the top market-cap giants. The market sentiment towards Solana and its associated tokens, including SOL-based meme coins, remains highly bullish. This bullish sentiment has propelled the prices of key Solana ecosystem coins like Jupiter, Radium, and Ponke. On the technical front, SOL has been forming a large symmetrical triangle on the daily timeframe. Within this pattern, a double bottom formation has emerged, signaling a bullish breakout. As expected, SOL experienced a substantial rally, climbing from $135 to $185. After retesting $172, SOL is now challenging the $185 level once again. The next significant target is $200, with potential to revisit this year's all-time high of $210. Further analysis reveals that the daily MACD (levels 12, 26) is turning bullish, currently valued at 8.50. The RSI stands at 65.71, indicating there is still room for upward movement. Additionally, Solana has respected the 200 EMA, providing further hope for continued bullish momentum. These major indicators suggest a continued bullish momentum, reinforcing the potential for further gains in the near term.Longby Mudrex2214
Solana Price Explosion? Here’s What the Charts Say About SOL!BINANCE:SOLUSDT has shown significant volatility in recent trading sessions, with closing prices fluctuating between $175.4 and $184.49. This movement indicates a market that is both active and potentially ready for further developments. Solana Price Technical Overview The immediate resistance level for SOL is at $181.39, which is crucial as the price has approached but not yet breached this point. Beyond this, the next significant resistance stands at $187.25. On the downside, support is present at $175.3, with stronger support levels identified at $169.12 and $168.29. These levels will be critical in determining the price's ability to either consolidate or trend further. Exponential Moving Averages (EMAs) provide insight into the market trend. The 9 EMA is currently above the 20 EMA, indicating a short-term bullish trend. This suggests that the recent momentum could continue pushing prices higher, especially if the price breaks the immediate resistance at $181.39. Meanwhile, the Moving Average Convergence Divergence (MACD) is also painting a bullish picture. The MACD line is above the signal line, with positive histogram values, although the histogram is showing signs of potential weakening. This indicates that while the bullish momentum is currently in play, traders should be cautious of a possible slow down. At the same time, the Relative Strength Index (RSI) has shown fluctuating values, peaking at overbought levels around 80.77 and recently cooling down to 66.33. This decline suggests a potential retracement or consolidation phase before any further upward movement. Trading Strategies: Entry and Exit Points For long positions, traders might consider entering around the current support level of $175.3, with an initial target at the resistance of $181.39. If the Solana price breaks above this level, the next target would be $187.25. Setting a stop loss just below $175.3 can help manage risk. Short traders, on the other hand, might look for entry opportunities if the Solana price fails to break above $181.39 and shows signs of reversal. A target for short positions could be around the stronger support levels of $169.12 and $168.29, with a stop loss slightly above $181.39 to minimize potential losses. SOL's technical indicators suggest a cautiously optimistic outlook, with bullish trends visible in the short term. However, the fluctuating RSI and the potential weakening in the MACD histogram advise traders to remain vigilant. Key levels will play a pivotal role in the next moves, and strategic entries and exits will be essential for managing trades effectively. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Ecoinimist is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company. Longby Ecoinimist1