Get started

SOL / VVSToken

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Markets

SOLVVS_80FDCC.USD trade ideas

Another dip coming? Solana price bounced back strongly yesterday and formed a daily candle with a massive bottom wick.  It is very bullish.   It was a great buy the dip moment for spot buyers and intraday traders.  However,  if you are swing trading with leverage, the momentum is still bearish.  I think it is not the time to open a long position for the following reasons:  Weekly:  1) Price is still trending up along EMA 21, but it is starting to drop below it. 2) Momentum indicators are forming negative divergence.   3) MACD and RSI are still in the bull territory, however, Stochastic had tried to move to the bull zone but failed and now moving to the downside in the bear zone. Daily:  1) Daily MACD and RSI are pointing to the downside and they are about to enter the bear zone.   2) Daily stochastic have reset and moving to the upside, so it is a sign of recovery to the upside, but it is not supported by price action. 3) The price dropped to EMA200 and bounced, but it failed to move about the previous low ($222) and also closed just under EMA 55.    4) Today the price is starting to come down.    Today's candle hasn't closed so it is too premature to make any decision on today's candle at this stage.   4H: 1) the current candle failed to close above EMA 21. 2) both MACD and RSI are still in the bear zone. 3). Stochastic has already reached the overbought territory and now it is rolling to the downside.   4) There are two layers of buy blocks below the $190 area so there is a chance the price might drop to that level.   It has been such a volatile and difficult market. Every time you think the bottom is in and the price starts to move up, it gets pushed down. It is the market that challenges you mentally. Yesterday's dip was a great opportunity to buy spot and hold. But if you are trading, it might be better to buy the strength because dips can keep coming.
COINBASE:SOLUSD
by EbonyFalcon
SOL updated analysisAfter the massive push up for SOL after the TRUMP coin caused huge volumes on SOL network, SOL has now come right back to support as seen on left chart where price reacted off the green vwap line and the green trendline. The right chart shows how the 260usd blue line is major resistance. Price currently trying to reclaim the purple npoc. So, now what? Well, as a smart trader you always have 2 scenarios, up or down. If SOL can reclaim the light green vwap line above price on left chart this could be a nice v shape recovery move playing out. 260usd is where we will know if bull run is resuming once SOL closes above this level. If SOL loses the green vwap line below price then SOL could go as low as the next green vwap line at 154usd. Smash that like button!
COINBASE:SOLUSD
by Pro_Trader_HTBB
Solana Wave Analysis – 3 February 2025 - Solana reversed from the support zone - Likely to rise to the resistance level 220.00 Solana cryptocurrency recently reversed up from the support zone located between the pivotal support level 180.000 (which has been reversing the price from the middle of December), lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward impulse from August. The upward reversal from this support zone will likely form the daily Japanese candlesticks reversal pattern Hammer (strong buy signal for Solana – if the price closes today near the current levels. Given the clear daily uptrend, the Solana cryptocurrency can be expected to rise to the next resistance level, 220.00 (former support from January).
COINBASE:SOLUSDLong
by FxProGlobal
SOLANA double bottomed on 1day MA200. Target $400.Solana / SOLUSD is trading inside a Channel Up since the July 29th 2024 high. The price hit today the 1day MA200 for the 2nd time since January 13th and instantly rebounded. Technically this makes it a Double Bottom formation and took place right at the bottom of the Channel Up. The pattern is very similar with the Megaphone of May-August 2024 that was followed by a strong uptrend, the bullish wave of the Channel Up. Their 1day RSI patterns are identical. Buy and aim for a +140% rise from the bottom. Target 400. Follow us, like the idea and leave a comment below!!
CRYPTO:SOLUSDLong
by TheCryptagon
SOLUSD | Bullish Bat PatternBullish Bat Pattern on SOLUSD I’m currently tracking a Bullish Bat pattern on the SOLUSD chart, with price nearing the Potential Reversal Zone (PRZ). In addition to the harmonic structure itself, I’m looking for RSI divergence and DMI Delta shifts as confluence signals that buyers might step in. 1. Pattern Overview • The Bullish Bat typically consists of X–A–B–C–D legs, with the D point (the PRZ) often completing near the 88.6% Fibonacci retracement of the XA leg. • Reversal at the PRZ can signal a potential upswing if confirmed by price action and supportive indicators. 2. Key Confluence Indicators • RSI Divergence • I’m monitoring the RSI (Relative Strength Index) to see if it prints higher lows while price makes lower lows. Such a bullish divergence often hints that downward momentum is fading. • DMI Delta • A bullish shift in DMI Delta occurs when +DI (positive directional index) starts outpacing –DI (negative directional index), or the spread between them widens in favor of buyers. • If the DMI Delta transitions positively around the PRZ, it reinforces the idea that bullish pressure is building. 3. Fibonacci Levels & PRZ • XA Retracement: B commonly retraces 38.2%–50% of XA in a textbook Bat. • CD Extension: The final leg (CD) often extends 1.618–2.618 of AB, converging near the 88.6% retracement of XA. • Keep an eye on these Fibonacci confluences. If price consistently holds above the PRZ with bullish candlesticks, it can signal the market is ready to turn. 4. Trade Setup • Entry: Consider entering after confirming bullish divergence on RSI, a bullish DMI Delta crossover, or a candle close above a key short-term resistance. • Stop-Loss: Commonly placed just below the D point or the most recent swing low, depending on personal risk tolerance. • Take-Profit Levels: • First TP near the B point or ~38.2% retracement of the AD leg. • Second TP near 61.8%–78.6% of the AD leg if momentum remains strong. • Risk Management: As always, position size should align with your overall risk profile (1%–2% of account balance per trade is typical). 5. Market Context & Final Thoughts • Larger Timeframe Check: Confirm that higher timeframes (4H, 1D) support a bullish bias. A mismatch in trends can weaken the pattern’s reliability. • News & Sentiment: Crypto moves fast—keep an eye on headlines or broader market sentiment, which can accelerate or negate technical setups. Conclusion: If RSI divergence and DMI Delta shifts align with the Bullish Bat PRZ, we may see a reversal to the upside on SOLUSD. However, always remain flexible and ready to adjust if the market invalidates the pattern. Disclaimer: This post is for educational and illustrative purposes only and does not constitute financial advice. Always do your own research and manage risk prudently.
BINANCE:SOLUSDLong
by J_O_S_E_
Solana (SOL) Bullish Rebound Alert! Targeting $303 Solana (SOL) has bounced off a critical support level and is forming higher lows, indicating a potential bullish reversal. The price is consolidating near the lower end of the range, preparing for a breakout toward the key resistance level at $303.22, offering a significant upside opportunity. The strong uptrend from previous higher highs and the Ichimoku cloud acting as dynamic support strengthen the bullish case. This setup suggests a potential rally as buyers regain control, making this a key moment to watch. Stay tuned for a breakout! 📈🔥
COINBASE:SOLUSDLong
by Mcenzy
1
Why I Went Long on Solana $SOLUSDCI entered a speculative long trade on Solana, considering several key factors that suggest a potential rebound in the coming days. Reasons for Entering Long 1. Fundamental Factor – On Saturday, the U.S. announced tariff hikes on China, Canada, and Mexico, causing market turbulence. After the initial sell-off, markets often see a partial recovery. 2. Technical Factor – SOL is in an oversold zone, increasing the likelihood of a bounce. 3. Short-Term Potential – Solana remains technically strong, and if the crypto market recovers, SOL could outperform. Trade Parameters • Entry Price: $213.79 • Stop-loss: $210.08 (trigger), $210 (limit) • Take Profit: $242 • Risk Level: High, as this is a speculative trade. I expect Solana to recover in the short term if market conditions improve.
BINANCE:SOLUSDLong
by UnknownUnicorn95511419
4
SOL Weekly chart analysisWe are likely in a wave 2 orange at the moment as part of a final wave (5) of ((5)). The reason I don't think the ATH at $295 being the top of this cycle is because of the 4 yr cycle for BTC. Historical, the top of the cycle would be atleast Q4 of this year with ETH and SOL having gained multiples over previous cycles' high. Overall, macro environment is still bullish. Current move down is due to this trade war and it's unclear if it will have a long term impact.
COINBASE:SOLUSDLong
by Neo-Trades
1
Last leg down for $SOLThis correction for CRYPTOCAP:SOL has been textbook EWT. The wave counts are spot on and this is the last portion of the dip (wave 5 of C). Should sweep the lows of wave A/~$220 and could go as low as $200. Regardless, if you are a long term bull then dca below $220. If you're a trader then no need to catch a falling knife. Wait for the $230 lvl to be re-claimed on the higher tf charts >4hr and go long. This is the 'pivot' lvl, bullish above $230 and bearish below it.
COINBASE:SOLUSDLong
by Neo-Trades
1
SOL’s Golden Zone: $217-$213 The Perfect Long Setup?SOL is still in a corrective phase, with the 0.618 Fib retracement of the entire wave at $217.27 yet to be tested. This level aligns with key technical confluences, making it a critical zone to watch. Recent Price Action & Short Trade Recap: Today, SOL retested the pwdOpen, aligning perfectly with the Point of Control (POC) and the 0.618 Fib retracement of the smaller downward wave, making it an ideal short entry The reaction was significant, but now the focus shifts to whether $217 will finally be tested Long Trade Setup: Entry Zone: $217 - $213 Stop Loss (SL): Below $210 Take Profit (TP): $260, targeting the next major resistance level Why This Setup is High-Probability: 1.) Fibonacci Confluence: The 0.618 retracement of the full wave at $217.27 is a key level where buyers may step in Weekly Support at $213.35 adds strength to this demand zone 2.) Liquidity Sweep Potential: A dip into $217-$213 could liquidate long positions, setting up a strong reversal if buyers reclaim control 3.) Upside Targets: 2021 all-time high (ATH) and beyond Final Thoughts: Key Levels to Watch: $217-$213 for long confirmation Look for volume confirmation and bullish reaction before entering If SOL holds above $217, this setup could provide an excellent R:R trade This could be a golden opportunity for a high-conviction long. Let’s see how SOL reacts! 🚀🔥
COINBASE:SOLUSDLong
by SiDec