SOLANA - $1?SOL HIT THE SWEET 193 as shown. ALways dont comment on my idea publish banner what i -wrote
YET GET READY for the smooth disbursal as said above! or below \
Always follow my arrows!!
SOLUST trade ideas
SOL | Waiting on ETH for NEW ATHSolana has barely made a new ATH - basically topping out at nearly the exact same place as the previous ATH made in Nov 2021.
As Ii said in yesterdays update on ETH, there is no way BTC makes such a dramatic new ATH and ETH (and Solana) stay behind.
We can expect SOL and ETH to increase when BTC continues to trade range above 95k. This could be another multi-month playout, although ETH usually peaks rapidly at the end of the cycle, which is noteworthy from yesterday's analysis.
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BINANCE:SOLUSDT COINBASE:BTCUSD
SOLUSDT Long IdeaAfter a break above the 1d 50ema on the 4hr chart with some consolidation on the resistance flip to support, a support retest was a juicy entry idea, and this has been triggered, with a price-in of tomorrow's FOMC minutes, except something unusual happens tomorrow. I anticipate this long play, to $400. Invalidation remains 4% for now.
Solana Ideathis pair has formed a descending channel and broke it
now has retested it so we're entering a buy position
follow us or more ideas and analysis
SOL - 1D Elliott Wave AnalysisSol seems to have finished blue Wave 4 and started working on blue Wave 5 which would probably mark the bull market top. In case blue Wave 4 isn't finished and we drop lower we need to reconsider the count but we added a potential support area sitting between 173.58 USD and 122.14 USD.
Assuming blue Wave 5 started we are looking for a five wave move up now market as white.
Next targets for this move up would be the 1.618 FIB at 265.73 USD which we barely missed in November when we made a new ATH. Further targets are the 2 FIB at 300.16 USD, the 2.382 FIB at 334.59 USD and the 2.618 FIB at 355.85 USD.
After we get more clarity on the shorter timeframe we can calculate further targets.
We wouldn't be surprised if we overshoot the mentioned targets and get some extensions as Solana is quite hyped and plenty memecoins are launched on the Solana network which could lead to a stronger surge in the price of Solana during the end stages of the bull market.
Thanks for reading.
NO FINANCIAL ADVICE.
Channel Retest or 170$ againExpected retest, Fear and Greed going in OverSold zone. My guess is consolidation mostly this week.
SOLUSDT BullishTriangle pattern made big volatility on solana H4 chart. Bulls showed their power, bullish target is 236.5 level. Waiting for a good buy signal to enter this trade. Good luck!
SOL Breakout Downtrend ChannelSOL currently breakout downtrend channel
So its bullish continuation ?
Maybe, because before breakout have consolidation and increasing volume like indicating some bottom
This scenario will valid if we are not going back to channel
Maybe some consolidation and retesting trendline is must
SOLANA update #SOL has a bearish pattern but I think this coin is bullish in long term as I made an analysis on this coin before if the price could be able to pass the confirmation line it can rise alot but if not we have to wait and see what will happen
SOL - Going for RetestHere is an update to our last chart:
We pointed out how if BTC was not able to hold above $100k then you would look for a drop back to our trendlines. Right now this seems to be the scenario and all eyes on on if SOL can hold above the key liquidity zone between $198-202. It is possible we get a wick down to $194, but it is vitally important for the uptrend to hold most candle bodies above $198-202.
solana long we just had a major bullish trowback across crypto after btc breaking out of downtrend , we set for more upside , the shakeout happened to take out moon boys now we go higher set in chart with stops n profits , 260+ we get soon .
SOL - SECRET PATTERN That Nobody Is Talking AboutMartyBoots here , I have been trading for 17 years and sharing my thoughts on SOL here.
SOL is looking beautiful , very strong chart but is into double top.
Very similar to LTC when it crashed in the last cycle
Do not miss this important video on SOL as this is a great opportunity
The bull market is very short and we need to make the most of it
Watch video for more details
Phemex Analysis #50: How to Trade SOLANA Like A ProSolana ( PHEMEX:SOLUSDT.P ) has been relatively subdued during the recent November and December 2024 bull run, rising approximately 100%, a stark contrast to its explosive growth of over 1000% during the October 2023 to March 2024 rally. However, the fundamentals of Solana remain robust, with its Total Value Locked (TVL) increasing from $0.3 billion in October 2023 to an impressive $9.5 billion today—a staggering 3166% rise. This demonstrates that Solana’s ecosystem is stronger than ever.
In this article, we’ll analyze possible scenarios for SOL’s price movement over the next few days and provide actionable trading strategies to help you trade like a pro.
1. Bullish Breakout Scenario
Since January 1, 2025, SOL has rebounded by 17%, currently consolidating around the $210 level as it gathers momentum for its next potential move. If SOL manages to break through the $234 resistance level and subsequently surpass $247, there’s a high probability that it could continue its upward trajectory and form a new all-time high (ATH). This bullish momentum could be fueled by developments such as the launch of Solana ETFs or advancements in AI agent integrations within its ecosystem.
Trading Strategy:
If SOL breaks above $234 with high trading volume, consider opening a Long position. And set your stop-loss at $210 to manage risk effectively.
Remember to monitor key news or announcements that could act as catalysts for further price surges.
2. Bearish Drop Scenario
On the downside, if SOL fails to hold above $210 and breaks below this level with significant volume, it could trigger a drop toward the $180 or $175 support levels. Should overall market sentiment turn bearish—especially if Bitcoin also declines—SOL might test deeper support zones at $155 or even $135.
Trading Strategy:
For advanced traders, consider opening a Short position if SOL drops below $210 with substantial volume. Take profits at key support levels such as $180 or $175.
For long-term holders, these levels ($180, $175, $155, and $135) present potential buy-the-dip opportunities based on your risk tolerance.
Key Considerations for SOL Traders
I. Fundamental Strength: Solana’s growing TVL and ecosystem development are strong indicators of its long-term potential. Keep an eye on updates such as ETF launches or institutional adoption.
II. Technical Indicators: The Relative Strength Index (RSI) is currently above the midpoint, signaling potential bullish momentum. Watch closely for price action around key resistance levels ($234 and $247) and support levels ($210, $180).
III. Market Sentiment: Recent data shows a net inflow of $224 million in SOL to centralized exchanges over the past week—a trend that could signal increased selling pressure or preparation for derivatives trading. Be cautious of sudden shifts in sentiment.
Conclusion
Trading SOL like a pro requires adapting your strategy to evolving market conditions. Whether you’re aiming to capitalize on a bullish breakout or hedge against a bearish drop, understanding key price levels and market dynamics is crucial. Always combine technical analysis with fundamental insights and practice disciplined risk management.
By staying informed and prepared for multiple scenarios, you can navigate Solana’s market movements with confidence and precision.
Tips:
Trade Smarter, Not Harder with Phemex. Benefit from cutting-edge features like multiple watchlists, basket orders, and real-time strategy adjustments. Our unique scaled order system and iceberg order functionality give you a competitive edge.
Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
Battle of Emerging ChainsMain chains gaining activity this cycle are
#1 SOL
#2 base
#3 SUI
#4 HYPE
these chains and applications on them should get a massive boost if/when OTHERS breaks out TRX style
my sol longSOL going to the first targtet based on my trend based fibs.
Took entry on 4 hr about 2 days ago, nice retracement now heading to take profit 1.
SOL - Updated ChartFor Sol we are still seeing a continuation higher. This is after a breakout of our ascending triangle (white line) and a breakout of our falling wedge (green lines).
If BTC holds above $100k we should see sol initially rise to the $230 level followed by the $245 level in the short term. But if we get one more drop look for longs in the green box. This would put price between $198-$202. Since there are so many converging trendlines at that level it would be a likely spot for bulls to step back in if we are gracious enough to revisit that level.
[SOL] Solana we are back on it !Probably on of my main and favorit altcoin I am holding since a lot of years.
I only hold as an investment on this asset and will firstly target $300.00 for this entry even tho I will not exit my investment part on this level ... bigger target for this !
Great Trade !
Solana Inches Higher with Strengthening Technical IndicatorsBINANCE:SOLUSDT has displayed a steady upward trajectory on the 1-hour chart, with resistance at 227.21 and 227.82 potentially challenging further gains. On the downside, 216.05, 215.71, and 215.66 serve as key support levels.
The 9 EMA is consistently above the 20 EMA, reflecting strong bullish momentum. This alignment suggests that the current uptrend may continue unless disrupted by significant selling pressure.
The MACD histogram indicates strengthening bullish momentum, while the RSI is nearing overbought territory. These indicators suggest that the upward trend may continue but could face resistance near the upper levels as buyers potentially take profits.
Traders eyeing long positions might consider entries above 227.21, targeting 227.82 and higher levels. A break below 216.05 could signal bearish reversal potential, with short trades targeting 215.71 and 215.66.
SOLANA READY TO BREAK OUT?
Solana (SOL) is trading at $217, consolidating just below the 50-day SMA (~$219) after a break and retest of descending resistance. This breakout indicates potential bullish continuation, but the lack of significant volume suggests that buyer conviction is still weak. Volume confirmation will be key to validating any sustained upward move.
The $259.50 level, representing the previous cycle’s all-time high that was briefly broken in November, remains the major resistance to watch. A clean break above this level with increased volume could open the door to new highs, signaling stronger bullish momentum.
On the downside, the $203 level serves as critical support, as it aligns with the retest of the descending resistance turned support. Maintaining this level is essential to preserve the bullish structure. If the price falls below $203, it could lead to a deeper correction, potentially testing the 200-day SMA near $171.
In summary, while Solana's technical setup leans bullish, confirmation through volume and a reclaim of the 50-day SMA will be critical for a move toward the $259.50 resistance. Until then, the market remains in a cautious consolidation phase.
Solana’s Big Moment: Will the Ascending Triangle Ignite a Rally?Yello, Paradisers! #Solana is gearing up for action as it charges inside an ascending triangle pattern, inching closer to the critical neckline resistance. If bulls can deliver a convincing breakout here, a trending move could be on the cards, setting the stage for a significant rally.
💎For #SOLUSDT the first test lies at the $197–$198.50 range, a moderate resistance zone that has effectively capped its price since December 19th. A breakout above this level, supported by strong volumes, could signal the start of a trending move, initially pushing the price toward the $210–$212 zone, where some profit-taking is likely to occur.
💎If bullish momentum remains strong beyond this point, Solana could set its sights on the next major resistance at $220–$225.50. This key level has the potential to define the next phase of its upward movement and will be critical for assessing whether the bulls can sustain the rally.
💎On the downside, Solana is supported by the ascending trendline in the $188–$186 range, with additional horizontal support at $186–$183.80. As long as these levels hold, the bulls remain in a strong position to keep the momentum alive.
Paradisers, stay sharp—Solana is at a critical turning point, and the next few moves could be decisive!
MyCryptoParadise
iFeel the success🌴
