#SOLWatching Solana on daily TF here, no clean setup yet, my gut says 170 but my mind says that's too low.
gonna watch it for the next couple of days & ape in
SOLUSD.P trade ideas
SOLUSD SELL IDEAHere is a SOLUSD Sell Idea. After seeing significant buy pressure on Solana brough upon by BTC shooting to near $100k, I believe we will see a retest of previous support levels for few different reasons. There is alot of liquidity between $220 & $260 so those order are likely to get activated before the price continues to rise. As well as the time of the year. December is traditionally a rocky month for crypto and based on price action from years past a slower more bearish market is to be expected.
ENTRY: 261
TP1: 245
TP2: 225
SL: 272
SOL to SUI ratio at crossroads, Next move?SUI has consistently outperformed SOL for the past few weeks. If the downward trend in SOLSUI continues, it means SUI will outperform SOL
SOLANA $1375 TargetA chart showing the current bull state sitting above the 200MA in white/grey
Price is looking to bounce to the upside off this 200MA
Each point in green circles shows these bounces.
573 days was the length of the first bull run so applying the same length to the current bull run we still have one strong move left, up towards $1375.
Very bullish still. Especially as we enter an alt season.
SOLANA (SOLUSDT): Great Buying OpportunityWe spotted a positive signal for bullish momentum on Solana's chart following a retest of a key daily resistance level that was recently broken.
The price has formed a small ascending triangle pattern on the 4-hour timeframe. To confirm this signal, watch for the descending triangle pattern on the 4-hour chart.
A strong confirmation would be a breakout above the horizontal neckline, indicated by a 4-hour candle closing above $245.
Consider entering a long position aggressively or on a retest of the breakout. Target prices for this trade are $260, $280, & $300.
Elliott Wave Analysis of SOLUSD - with targets for the TOPElliott Wave Analysis of Solana / SOLUSD.
From an Elliottwave perspective the pattern looks quite clear and leaves room for only a few more movements over the next few weeks before it tops out.
I believe that SOLUSD along with many other large cap crypto's only have a few more squiggles left in them before they complete this fifth wave cycle.
Enjoy and be safe!
SOL Breakout on the Horizon!SOL has been flashing some strong bullish signals lately. It formed a reverse head and shoulders pattern in August, with a classic cup and handle within. Then, in early October, a double bottom formed on the right shoulder of the reverse head and shoulders. Now, with candlesticks looking to break out of a bullish wedge, all signs point toward a potential breakout. The technicals are aligning, and significant gains are on the horizon.
still following my lines, waiting for pullback towars $220hitting another one of my crucial areas. waiting for pullback towards $220-$215 for long entry
Solana
The dominant trend appears bullish, as the price consistently trends above the moving average and remains near or above the upper Bollinger Band.
Support: Around $230–$240 (middle Bollinger Band and prior consolidation zone).
Resistance: The recent high near $265.
Bollinger Bands: Price retraction towards the middle band could signal cooling-off before resuming the uptrend.
Volume: Watch for rising volume on breakouts above $265 or breakdowns below $230 for confirmation.
Bullish Continuation: If price consolidates and stays above $240, it could aim for new highs beyond $265.
Bearish Pullback: A breakdown below $230 may test lower supports around $200 or the lower Bollinger Band.
SOLANA Is this correction a buy opportunity??Solana (SOLUSD) is on a 5-day pull-back, along with the majority of the crypto market. It is still above both the 1D MA50 (blue trend-line) as well as the 1D MA200 (orange trend-line) coming strong off a 1D Golden Cross. Is this correction, however, a buy opportunity?
Well the last time SOL formed a Golden Cross on the 1D time-frame was exactly 1 year ago (October 22 2023), after coming out of a similar (blue) Channel Down and that initiated the massive October 2023 - March 2024 rally. That rally hit all Fibonacci extensions of the Channel Down successively (2.0, 3.0, 4.0) and consolidated on all of them. Even the 1D RSI sequences between those fractals are similar.
As a result, we expect Solana to hit $315 (Target 1), $515 (Target 2) and $830 (Target 3) within a 4 month horizon.
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Off to Sol we goSol = Sun
Past the moon.
In a galaxy far far away.
Look, We are nearing a major backtest point. Taking a look at the left chart, on the 2 day timeframe, weekly/monthly, whatever you want to use. IT was a MAJOR range. And when you get a multiday/week breakout of a major range like this, AND you come back to test it, confirming support, and confirming that traders like the price above the range, you get a MASSIVE move.
KEEP IN MIND - Its a multiday/week breakout. Meaning it will take weeks and months to play out. This is a long swing. Maybe even stake your SOL and come back at the end of next year.
SOLANA $SOLUSD should continue rally after pullback endsSolana COINBASE:SOLUSD already confirmed bullish sequence by confirming higher high above March-2024 high. Since August-2024 low, it ended 3 of (3) at last peak and expect pullback in 4, which soon will end before it should continue rally in 5 of (3).
SOLUSD SELL ANALYSIS RISING WEDGE PATTERNOn Solusd price has form a rising wedge pattern and now try to move down so if line 225.76 break there is a chance of falling even more and trader should expected to go SHORT with expected profit target of 220.94 and 215.89 . Use money management
The Crypto World pulled back to a .382 today in most if NOT allThe Crypto World pulled back to a .382 today in most if NOT all As well as the reason for the rally and DROP is due mostly because MSTR . He has been Issuing DEBT on his balance sheet to BUY BITCOIN .
Most bullish asset on the planetGo and take a look at SOLBTC chart and tell me if you rather be in Solana or Bitcoin.
Sol is usable, something that ETH lost when it became expensive and elitist...
SOL to mooooon 500$📌SOLANA signal:
Signal 1: Bullish Confirmation with Key Breakout 🚀
Solana has showcased a strong first pump followed by consolidation and another breakout at the second move. The chart suggests the potential for continuation to higher levels. A critical pullback entry zone lies between $235–$237, offering a safer opportunity for buyers to join the trend. Targeting $270 and beyond is now a bullish outlook! 🎯
Signal 2: Target Open Beyond $270 💰
The breakout above $270 could signal the next leg up toward the $500 target. Current price action suggests a healthy pullback structure, aligning with the big pump setup. Keep your stop-loss tight around $212–$222 to protect against market volatility. 📈✨
🔥 Plan your entries carefully and ride the wave toward $500! 🚀
SOL - Aka Sanpei FractalIt seems like SOL is recreating the patterns from 2020, and if that happens; we're going to see 300-500 very soon.
Good luck!
SOLANA - BREAKS OUT to the upsidesolana broke pass resistance at USD 200, going again to all time high - bullish in the short to medium term
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.
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*
