SOL/USDT: Are We Heading for a Breakdown or a Massive Rebound?Yello, Paradisers! Is #SOLUSDT gearing up for a major breakout, or are we staring at a looming collapse? The charts are heating up, and you need to see this analysis to stay ahead.
💎#SOL is currently holding its support trendline, hinting at a potential rebound. If this level holds, we could see SOL pushing upward to test the $204.60 resistance. A breakout above this level would likely trigger a strong continuation toward all-time highs (ATH).
💎If the support trendline gives way, the price is likely to test the $169–$155 demand zone. This area has consistently proven its strength, with previous price action respecting it multiple times. A rebound from here could still offer significant opportunities for the bulls.
💎The real danger arises if SOL fails to hold even at the demand zone. This area aligns with the support trendline, and a breakdown would signal a bearish trend, with the price potentially heading toward the strong support zone around $115.
💎Historically, the $115 level has acted as a major lifeline for SOL. If this level is broken and a daily candle closes below it, bullish momentum would be invalidated, and we could see a deeper plunge. This would be a clear bearish signal, and prices might dip even further.
Stay focused, Paradisers—this market rewards patience and strategy. Let's trade like champions.
MyCryptoParadise
iFeel the success🌴
SOLUST trade ideas
#SOL Head and Shoulders Structure📊#SOL Head and Shoulders Structure📈
🧠From a structural perspective, we have made a daily correction and built a bullish head and shoulders structure in the overlapping support zone, so there is a high probability that we will start to rebound from this structure. The resistance area worthy of our attention is 198-205.
Let's see👀
🤜If you like my analysis, please like💖 and share💬
BITGET:SOLUSDT.P
SOLANA Bull Flag (UPDATE)The solana token move-UP has begun , I published a previous idea where I spotted the bull flag earlier, while building up.
Previous idea here below, if you missed it.
A near resistance level has just been broken to confirm that CRYPTOCAP:SOL is ready to push up on a parabolic run, despite bitcoin dumping. I am holding from GP price level. My hopeful target is $300 - $500 .
CRYPTOCAP:SOL is expected to go back to previous high price. More update to follow as we go along
Merry Christmas TRADENATION:SOLANA 🎄🎅
Comment if you agree. Like if you disagree
SOLUSDT Price Action Analysis - Bullish Breakout OpportunityThe 1-hour chart of SOLUSDT shows promising signs of a potential bullish breakout. The price has been moving in a descending channel, but it is now testing the downward trendline (blue). A confirmed breakout above this line could signal the start of a strong upward move.
Bullish Scenario:
If the price breaks and stabilizes above the $187-$190 range, it would confirm the bullish reversal.
The first target is $202, a key resistance level based on previous price action.
If the bullish momentum continues, the next target is set at $213, aligning with a critical resistance zone and a longer-term trendline.
Trading Strategy:
Focus on entering a long position after the price breaks and holds above the $187 level.
First target: $202.
Second target: $213.
Stop-loss: Below $180 to limit potential downside risk.
The chart indicates strong potential for upward movement if the breakout is confirmed, making this a favorable opportunity for long positions. Proper risk management is essential to handle any unexpected market reversals.
Solana ($SOL) / USDT Technical Analysis#Solana ( CRYPTOCAP:SOL ) / USDT Technical Analysis
#Solana (#SOL) is currently trading at $182.56, showing a slight increase of +1.13%. The price is in a corrective phase after a significant uptrend, approaching key Fibonacci retracement levels that suggest a potential rebound.
Target 1 (T1): $260.57
Target 2 (T2): $299.50
Target 3 (T3): $335.68
Is now the time to long Solana?Solana (SOL) has been the most oversold top altcoin, but its over 30% pullback could be a great buying opportunity per some pundits.
Since its November peak, SOL has declined from $264 to a low of $175. But the pullback has hit a key confluence area which, if held, could validate Marty’s thesis.
Throughout 2024, SOL’s dumps reversed at the 100-day EMA (Exponential Moving Average, blue). This pattern has repeated in June, July, and October.
As of this writing, the recent pullback stabilized at the moving average ($175). Interestingly, the level also coincided with the golden level (61.8%) of the Fibonacci retracement tool, as measured from September’s lows.
In most cases, price trend reversals happen at the golden ratio level. So, if the pattern repeats, SOL could bottom out at $175 with a potential deviation of $160.
That said, the overall market sentiment was still negative on SOL, which could be ideal for long-term investors eyeing discounted SOL.
SOLANA LONGHi this time iam long for this levels.
The price is out of the channel and already have CHOCH so we waiting for the LL that is at 177-165.
The last bolt yellow line is the last reverse support form previus high at 30jul 24 (a) to 27Okt24 (b) before rally last starts.
The major support line is the little yellow line at 163$ and is represent the pivot line that represend the picks (6 picks!) of accumulation phase of Apr-Nov 24
Entry1 177$
Enrty2 163$
Stop 153.3$
Target1 195$
Target2 210$
PRODIGAL SOLANA?Today, on this idea, I'm not going to disclose my position on the header. Nevertheless, I'm still overall bearish on the contract . I have marked out a bearish order block in the 4H timeframe, currently the block of orders is being mitigated, and I've marked out the 50% level of the order candle of which I expect price to respect before a possible trend continuation . I'm not placing orders yet, I'll look to seek entry levels at my intermediate timeframe and my lower timeframe (an advice). So back to the question, are we going to see a prodigal BYBIT:SOLUSDT.P ? IMO Hell naw! (Surprised on my precised answer? Lol), Psychologically speaking; festive periods are bad periods for long trades (I will tutorial on that). Now that we know its most unlikely that Solana will go back to papa anytime for now, when should we expect this bloody race to end; SOON! This will lead to the AltSeason , Long investors should not be worried, and this is a good period for accumulation of these alternative coins and tokens ahead of what's big.
The cashout level? That's where my swing liquidity lie (and if market dumps more, we should see a bloody $175 - $166 been broken, the latter is a wild expectation).
Remember to DYOR.
LEAVE A FOLLOW!
The Two Archetypes of TradersIn the trading world, markets move in cycles, and bearish conditions are no exception. Here's an educational breakdown of how traders can navigate these challenging times:
1. The Long-Term Holders (Investors)
Mindset: Patience is their superpower.
Goal: Accumulate assets during bearish trends by buying at key support levels and holding for future gains.
Approach: Use the WiseOwl Indicator to identify areas of strong support and potential accumulation zones for strategic entries.
2. The Intraday Traders (Short-Term)
Mindset: Adaptability and precision are crucial.
Goal: Profit from short-term price movements, capitalizing on market volatility.
Approach: Utilize the WiseOwl Indicator to pinpoint bearish momentum for short entries and clear exit levels, ensuring optimal risk management.
Educational Example: WiseOwl Strategy in Action
Let’s analyze Solana (SOL) on the 15-minute timeframe during a bearish market:
Trend Identification: The WiseOwl Indicator highlights a confirmed downtrend with clear bearish signals.
Entry Points: Short trade signals are generated at moments of significant bearish momentum.
Risk Management: Stop loss and take profit levels, calculated using ATR-based logic, ensure disciplined trading.
Takeaways for Traders
📉 Bearish Markets:
Holders focus on identifying value areas for accumulation.
Intraday traders capitalize on market volatility with precise entries and exits.
Happy trading! 🚀
#WiseOwlIndicator #TradingEducation #BearMarket #SOLAnalysis #CryptoTrading
The last bullish chance of SOLANA !!The price has broken the cup and handle pattern and has also completed its pullback. Now is the time for the price to rise.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Time Sensitive: Buy Zone ActivatedSolana's long-term buy zone has been activated. This activation is happening culminating four weeks of bearish action. The chart looks good.
There is room for lower prices and the test of EMA55 as support. Looking at the weekly volume, it is likely that a resumption of the bullish wave goes next. But there is still possibility for lower. The probabilities are higher for a resumption of the bullish wave rather than the continuation of the correction.
The retrace turned into a correction.
The correction opens the doors for new buying at reasonable prices.
The correction creates a new LONG opportunity.
We are going LONG on SOLUSDT now with high leverage.
The dynamics for the upcoming wave should be the same as the previous one. Several months greens followed by another retrace and then additional growth.
We are set to experience long-term growth.
We are already within this long-term growth phase.
Solana has been growing since December 2022.
Short-term, Solana has been growing since August 2024.
Higher highs and higher lows.
This trend is set to continue for an undefined length of time.
Are you bullish on Crypto?
If yes, you are smart.
If no... Huuuhhh, I don't know.
I am wishing you tons of success... And huge profits.
Thank you for reading.
Namaste.
My Solana Outlook entering 2025
3D - so we are tapping this bull div once more, you know solana, we are still going up, bears seem to be on the decline, approaching the weekend, watch for that, 55 holding as support could give us a lil bounce as it currently is, lets see, make sure to wait for local div on the rsi
DAILY - bull div invalidated, so we wait for another bullish divergence to take us up, so expect volatility over the next 2 weeks, pump then dump then pumpola i believe