SOLANA - BREAKS OUT to the upsidesolana broke pass resistance at USD 200, going again to all time high - bullish in the short to medium termLongby FIRE_CAPITAL_SG1
Another AttemptA second star is building. I had been stopped out yesterday. Seems that the S/L had been to tight. Nevertheless, I still think that a correction is due.Shortby motleifaulUpdated 2
For now SOLUSD is retesting invh&s neckline as precise supportA good sign that the bottom could potentially be in. Of course there’s always the possibility of some sort of unexpected bald swan to dump the market much further, but even then that could be such a temporary occurrence that by the time the weekly candle closed it still closed the candle body above this neckline. At the bare minimum I get the vibe that at least the monthly candle body can maintain this neckline as support, but we will find out soon enough. *not financial advice* by DrDovetailUpdated 3312
SOLUSD: 75 Weeks Until ATH?Say what you want, but crypto has an incredibly rich history of adhering to the notorious "4-Year Cycle." Much of this can be attributed to BTC's halving schedule, whereby block rewards are cut in half roughly every 4 years. If you look back at BTC's history, and even ETH's first cycle, you'll see it typically takes 3 years (156 weeks) until a new ATH is reach. I'm going to argue SOL is no different here, as it has network effects of its own that will inevitably lead to price reaching the next wave of price discovery amid a surge in users, developers, and builders. That said, if we chart out BTC and ETH's price action from previous high to new ATH, we'll see there is a "cup" pattern that forms over the course of 3 years. If we draw a similar pattern for SOL, we'll see price is following virtually the same trend despite what haters and skeptics are saying. That said, if we assume it'll take SOL 158 weeks to hit a new ATH, there's only 75 weeks left to go....Longby goodsamosamoUpdated 17
[SOL/USD] Massive inverted HS & Flag on weekly chartBINANCE:SOLUSD weekly chart showing massive inverted H&S pattern which broken out since Feb 2024 - which followed by malaise price move we experience couple of months back, before we finally see the rally started again. On recent move, there's also a bull flag being broken out. EMA could be used as support in case of a pullback. Cherio...Longby moressay1
Battle for the Next Sensation: $SUI vs $SEI vs $SOL!💧 CRYPTOCAP:SUI vs 🌊 NYSE:SEI vs ⚡ CRYPTOCAP:SOL 💥 All three cryptocurrencies have huge potential, but one of them remains undervalued! 🚀 📊 The example of CRYPTOCAP:SOL ’s impressive surge in the previous cycle shows similar patterns in new coins — CRYPTOCAP:SUI and $SEI. The charts clearly show growth phases, which I've marked as Ticker 1 and 2. This allows for a comparison of their dynamics in the early stages. 🔹 CRYPTOCAP:SUI — literally a new coin that has already shown significant growth. Its dynamics resemble the early stages of CRYPTOCAP:SOL , and this could be a signal. 🔹 NYSE:SEI — another young coin that is just beginning to take shape. Its chart also resembles the early phase of CRYPTOCAP:SOL , and it might be the next to experience a surge. 🚀 🔥 Will CRYPTOCAP:SUI or NYSE:SEI be the next to surprise us with a rapid rise? Who will become the new sensation? Longby CHOWTRADE6614
Near Resistance but..Continuously in Uptrend. Cup & Handle + Flag Pattern in play. Currently seems to be at Important Resistance Area from where it may resist & come down towards 208 - 215 to take support from.by House-of-TechnicalsUpdated 7
Solana to $750 - BUY & HODLSolana will not go bust, it's too big for that. SOL ( SOLUSDT , SOLUSD , SOLBUSD ) has great value behind it. The project is amazing, and it's on SALE! So, I am holding and adding even more @ $5 . Yeah... when people are panicking, I buy. :)))) My Technicals: * Elliott Wave A-B-C Pattern * Double Bottom * Demand Zone * Double Bottom * Fibonacci Retracements The Fibonacci Time Zones point me to a Bull Market Cycle starting with '23. Good luck getting rich! :DLongby Lionheart-EWAUpdated 323272
Can we make it to 700 dollars for SolanaThis crypto has been so strong this bullmarket that I am not surprised seeing at least a 700 dollars target.Longby elalemiami5
SOLUSD Cat's Ears patternThe chart analysis you've provided for Solana (SOL/USD) indicates a strong correlation with Polkadot (DOT/USD)'s historical all-time high crash pattern. The "Cat's Ears" pattern at current levels suggests a potential bearish scenario, with the pattern aligning closely with prior major market corrections. "Cat's Ears" Pattern Description: The "Cat's Ears" pattern resembles a double peak, often followed by a steep decline in asset value. This pattern is identified through: A sharp rise to an initial peak (left ear). A subsequent decline, a pause or consolidation, and a second peak (right ear). This setup typically signals the start of a larger downtrend. Current Projection for Solana: After forming the "Cat's Ears" pattern, the expected downside target aligns with $130 as the likely support zone in the next cycle. Solana's chart shows prior rapid ascents followed by similar breakdowns, lending credibility to the bearish outlook. The timeframe for reversal could coincide with broader market cycles or key events in the crypto market. Key Takeaways: This analysis highlights potential market behavior driven by pattern recognition and historical comparisons. Solana's correlation with DOT's crash could result in price action mimicking DOT's historical moves, given the cyclical nature of market patterns and investor psychology. Trade Implications: Short-Term Traders: Look for bearish confirmation signals near current levels before initiating short positions. Long-Term Holders: $130 may present a favorable re-entry point or accumulation zone in the future. Shortby CHARTISTKING1115
Bullish pennant? Road over 270 then hit 300It looks like a buy to me; slowly breaking the resistance and solana will have a potential breakout to set a new record high. Sitting into the 260 mark; i can feel a nice push up at 264 and will push up to 285 or 300. I will be honest ; if solana can push up and break above 265 and get to at least 270 or 280.. then 300 is already wide open and will pull like a magnet. Hey all i see is a bullish pennant alright i dont see any sell off anytime soon until new record high that solana wants to target because solana bullish aren't done yetby JoyBoyVegae227
SOLUSD SELL ANALYSIS DOUBLE TOP PATTERNHere on Solusd price form double top around resistance level of 263.45 and started coming down that means there is big chance of falling more if line 251.47 break and trader should go for SHORT and expect profit target of 245.61 and 240.01 . Use money managementShortby FrankFx141
Downturn Has BegunThe trend is almost 3 weeks old now and seems to get out of steam now, i.e. there may be downward correction now.Shortby motleifaulUpdated 5
SOLDUSD - CUP HANDLE PATTERN - Future PredictionInterval: 1 Day Description: In this Cup and Handle pattern Solana shows that it created this beautiful cup and will increase same as the depth of the cup. Next target is $225 by Jan 2025.by OleDarth113
Understanding Solana: The Potential for Continued GrowthSolana's native cryptocurrency, SOL, has recently hit a new all-time high, sparking excitement and speculation among investors. This surge in price can be attributed to several factors, including the broader cryptocurrency market rally, increased institutional interest, and the growing popularity of Solana's blockchain network. The Memecoin Mania Factor One of the key drivers behind Solana's recent price surge has been the memecoin mania that has swept the cryptocurrency market. Solana has emerged as a popular platform for launching new memecoins, attracting significant trading volume and investor interest. The rapid growth of the memecoin ecosystem on Solana has led to increased demand for SOL, the network's native token. Bitcoin's Influence Bitcoin's recent price rally has also had a positive impact on Solana. As the dominant cryptocurrency, Bitcoin often sets the tone for the broader market. When Bitcoin's price rises, it tends to lift the prices of other cryptocurrencies, including Solana. This correlation between Bitcoin and Solana has contributed to SOL's recent upward momentum. Increased Institutional Interest Another factor driving Solana's price surge is the increasing interest from institutional investors. Many large financial institutions are now exploring opportunities in the cryptocurrency market, and Solana has emerged as a promising platform for building decentralized applications (dApps). Institutional investors' growing adoption of Solana could lead to further price appreciation in the long term. Solana's Unique Value Proposition Solana's unique value proposition, including its high throughput, low transaction fees, and fast block times, has attracted a significant developer community. The growing number of dApps being built on the Solana network has increased the demand for SOL, as it is used to pay transaction fees. Potential Challenges and Risks While Solana's future looks promising, it is important to acknowledge that the cryptocurrency market is highly volatile and subject to significant price swings. Several factors could potentially impact Solana's price, including regulatory uncertainty, network congestion, and competition from other blockchain platforms. Additionally, the recent surge in Solana's price has raised concerns about the sustainability of its momentum. Some analysts believe that the current price levels may not be justified by the underlying fundamentals of the network. As such, investors should exercise caution and conduct thorough research before investing in Solana. Conclusion Solana's recent price surge has been impressive, but it is important to approach the future with a balanced perspective. While the long-term potential of Solana is significant, short-term price fluctuations are inevitable. Investors should focus on the underlying technology and the long-term growth prospects of the Solana ecosystem, rather than short-term price movements. As Solana continues to attract developers, users, and institutional investors, it is likely to remain a major player in the cryptocurrency market. However, it is essential to manage risk and diversify investments to mitigate potential losses. Longby bryandowningqln2
SOL / USD ConsolidationNeutral consolidation for a week heading into major economic data. Any sort of risk-on response from the overall market could lead to significant upside. However a breakdown could flush out a lot of bulls in quick fashion. Upwards price targets of: 151, 158, 163, and 184+ Downwards price targets: 134, 110, 104by Eclipse_TradingUpdated 6
SOLUSDThe SOLANA crypto has just arrived on an ATH, so a small correction may be on the way to a stronger start.Longby MCY-TRADER-BTC_GOLD1110
DO NOT BE FOOLEDThere is a retest coming...do not attempt to FOMO in now as that would be a huge mistake. Looks like BTC is topped out...could go a little higher however, Sit back and relax and let SOL PRICE come back to you. DO NOT ATTEMP to chase price here. SOL will no doubt come back to retest these levels as support It will also be and area where retail will get in on the action as well. Look for this to happen within the next 4-6 weeks. Parabolic price action will not happen until 1st quarter of 2025. I am showing 2 price levels for SOL on it's retrace. DCA in at these levels. I have been long on SOL since $131 Don't doubt me on the retrace...we are NOT going parabolic at this moment of time. Good luck and... ************ HAPPY SOL HUNTING *****************Longby marcomarcello22113
Solana (SOL) Hits New All-Time HighBreaking Records After Near Collapse Solana ( CRYPTOCAP:SOL ) has achieved a remarkable milestone, surpassing its previous all-time high of $260. This new peak represents an extraordinary comeback from its low of $8 in late 2022 following the FTX collapse. The cryptocurrency market is buzzing with renewed optimism as Solana's trajectory mirrors the broader market resurgence, including Bitcoin's recent record highs. Fundamental Drivers: Why SOL is Surging 1. Market Sentiment and Political Shifts Solana’s resurgence coincides with major political developments in the U.S. The recent presidential victory of crypto-friendly candidate Donald Trump has infused fresh optimism into the crypto market. Additionally, the announcement of SEC Chairman Gary Gensler's resignation in early 2025 signals potential regulatory easing, which has boosted investor confidence across the crypto landscape. 2. Resilience and Technological Advancements Solana's developers have worked diligently to address past issues, notably network downtimes. These improvements in stability, coupled with a strong focus on scalability, have restored faith in Solana's long-term potential. Solana Labs’ expansion into mobile hardware and decentralized apps has also contributed to this positive sentiment, reinforcing the ecosystem's robustness. 3. Alignment with Bitcoin’s Momentum SOL's surge is closely aligned with Bitcoin's performance. As Bitcoin smashed past $98,000, Solana's price movement echoed this bullish trend, suggesting that institutional and retail investors are diversifying their portfolios within the crypto space. Technical Outlook Despite a minor pullback of 0.5% at the time of writing, CRYPTOCAP:SOL remains in a bullish zone. Its Relative Strength Index (RSI) stands at 64, indicating strong upward momentum without being overbought. Key Indicators: - Support Level: $223, which served as a resistance-turned-support during the recent breakout. - Resistance Zone: The next significant resistance is at $300, we are suggesting a potential run to $500 before the end of the year. - Moving Averages (MAs): SOL trades well above key moving averages (50-day and 200-day), indicating strong bullish sentiment. Future Outlook: Can SOL Reach $500? Given its current momentum and broader market conditions, Solana's path to $500 seems increasingly plausible. The ecosystem's growth, strategic improvements, and favorable macro conditions provide a robust foundation for continued success. However, investors should watch for potential market corrections and external regulatory shifts. Conclusion Solana's rise to an all-time high underscores its resilience and the growing confidence in its ecosystem. With a bullish technical setup and strong fundamentals, CRYPTOCAP:SOL could potentially hit the $500 mark by Christmas, further solidifying its position as a leading blockchain contender. Longby DEXWireNews5
$SOL Taps ATH at $260 !!!4 days later, and CRYPTOCAP:SOL taps its ATH at $260 🤑 Price Discovery here we come! HIGHER 🚀Longby jonnieking228
SOL (Solana) FundamentalsSOLUSD is a trading pair that represents the price of Solana (SOL) cryptocurrency in US dollars (USD). It's available on various cryptocurrency exchanges, allowing traders and investors to buy, sell, or trade SOL using USD. Here are some key fundamentals to consider when analyzing SOLUSD: SOL (Solana) Fundamentals Technology: Solana is a high-performance blockchain platform known for its fast transaction speeds and low fees. It uses a unique Proof-of-History (PoH) consensus mechanism to achieve this. Scalability: Solana's design aims to handle a large number of transactions per second, making it suitable for various decentralized applications (dApps). Ecosystem: Solana has a growing ecosystem of dApps, including DeFi protocols, NFT marketplaces, and gaming platforms. Tokenomics: SOL is the native cryptocurrency of the Solana network, used for fees, staking, and governance. Factors Affecting SOLUSD Price Market Sentiment: Overall market sentiment towards cryptocurrencies and Solana in particular can significantly impact the price of SOLUSD. Network Performance: Any issues or disruptions on the Solana network can negatively affect the price. Developer Activity: The level of development activity on the Solana platform can influence investor sentiment and price. Regulatory Environment: Changes in regulations regarding cryptocurrencies can impact the price of SOLUSD. Competition: Competition from other blockchain platforms, such as Ethereum, can affect Solana's market share and price. How to Analyze SOLUSD Technical Analysis: This involves studying price charts, patterns, and indicators to predict future price movements. Fundamental Analysis: This focuses on analyzing the underlying factors that affect SOLUSD's value, such as network performance, ecosystem growth, and market sentiment. Where to Trade SOLUSD You can trade SOLUSD on various cryptocurrency exchanges, including: Binance Coinbase FTX Kraken Important Considerations Volatility: Cryptocurrencies, including SOL, are known for their high volatility. This means that the price of SOLUSD can fluctuate significantly in a short period. Risk: Investing in cryptocurrencies carries inherent risks, including market volatility, security risks, and regulatory uncertainty. Do Your Own Research (DYOR): Before investing in SOLUSD, it's crucial to conduct thorough research and understand the risks involved. Disclaimer: This information is not financial advice. Please consult with a financial advisor before making any investment decisions.by ITManager_US114
SOLUSD is a tradingSOLUSD is a trading pair that represents the price of Solana (SOL) cryptocurrency in US dollars (USD). It's available on various cryptocurrency exchanges, allowing traders and investors to buy, sell, or trade SOL using USD. Here are some key fundamentals to consider when analyzing SOLUSD: SOL (Solana) Fundamentals Technology: Solana is a high-performance blockchain platform known for its fast transaction speeds and low fees. It uses a unique Proof-of-History (PoH) consensus mechanism to achieve this. Scalability: Solana's design aims to handle a large number of transactions per second, making it suitable for various decentralized applications (dApps). Ecosystem: Solana has a growing ecosystem of dApps, including DeFi protocols, NFT marketplaces, and gaming platforms. Tokenomics: SOL is the native cryptocurrency of the Solana network, used for fees, staking, and governance. Factors Affecting SOLUSD Price Market Sentiment: Overall market sentiment towards cryptocurrencies and Solana in particular can significantly impact the price of SOLUSD. Network Performance: Any issues or disruptions on the Solana network can negatively affect the price. Developer Activity: The level of development activity on the Solana platform can influence investor sentiment and price. Regulatory Environment: Changes in regulations regarding cryptocurrencies can impact the price of SOLUSD. Competition: Competition from other blockchain platforms, such as Ethereum, can affect Solana's market share and price. How to Analyze SOLUSD Technical Analysis: This involves studying price charts, patterns, and indicators to predict future price movements. Fundamental Analysis: This focuses on analyzing the underlying factors that affect SOLUSD's value, such as network performance, ecosystem growth, and market sentiment. Where to Trade SOLUSD You can trade SOLUSD on various cryptocurrency exchanges, including: Binance Coinbase FTX Kraken Important Considerations Volatility: Cryptocurrencies, including SOL, are known for their high volatility. This means that the price of SOLUSD can fluctuate significantly in a short period. Risk: Investing in cryptocurrencies carries inherent risks, including market volatility, security risks, and regulatory uncertainty. Do Your Own Research (DYOR): Before investing in SOLUSD, it's crucial to conduct thorough research and understand the risks involved. Disclaimer: This information is not financial advice. Please consult with a financial advisor before making any investment decisions.by ITManager_US113
$SOL - Retrace to Breaker. $230 0r $220 *SMC**Smart Money Concepts* Will tell you there's a void in priceAfter making a run on the 4 hour chart to well above current highs, and then a slight drop into the vair value gap, AND THEN ANOTHER RUN ON THE HIGHS...... I decided that that would proabably be the last high for at least the next couple of days, if not at least the next 24 hours. So I decided once it hit above the wicked high near 242, I wanted to go short. There's liquidity just below 230 where the mid of the 4 hour FVG lies, But also the juat before the tops of the wick area to the broken highs to the left, the fair value gap median is about 227, And then a breaker around 220. The price should bounce off of that price and continue going up. But considering we're at all time highs, the price run may take a short consolidation which is why I'm shorting the price from now until it hits discpunt array near 62 % after breakin the high. Once it hits that that 4 hour Breaker point, we should see price start to move sideways for a bit before we start to see it. strike up again. Either way, I've Got Solana Futures on a short MEXC:SOLUSDT.P COINBASE:SOLUSD BITGET:SOLUSDT.P AND I'VE GOT GATEIO:SOLUSDT.3S as well as other Sol5S and 3S until I think it's time to turn them around or hit my Take profit. LBank has the 5S Running Well. I will try to post the truth of the earnings. Whether my own site or somewhere, you can follow my accounts to see My advancements. After It price does strike these areas It wouldn't be surprising if they flipped at the discount level shooting for tor the 168%.... But as for now, I'm focused on the Short, let's hope it continues to short. or at least give a sideways fake out, then drop as we usually see in smart money. Shortby BodiesXWixUpdated 224