BIG TIME WEEKLY CHART BREAKOUTTitle:
"🚀 Solana's Massive Weekly Chart Breakout! 🌐 Will SOL Lead the Next Bull Run? #SOL #Crypto"
#Solana #SOLBreakout #CryptoBreakout #CryptoCharts #AltcoinSeason #Blockchain #SOL
SOLUSDT.P trade ideas
SOLUSDT range market with potential for huge gain Hello and greetings to all the crypto enthusiasts, ✌
SOLUSDT is one of the most promising assets in the crypto market and my favorite stock. I previously shared its upward charts with you, and in this analysis, we will have a brief overview of its future behaviors. 📚
As is clearly evident, the price is in a parallel channel, forming close highs and lows, indicating that the market for this asset is ranging. The most important resistances and supports are marked on the chart. 💡✌
For further upward movement, the price needs to break its main resistances. During this process, we may witness ranging candles or even some downward candles, but our overall outlook is bullish. ✔🙌📚
Our team’s perspective on this asset is that it has the potential for significant upward movement following the ranging phases. 🙌
Thank you for your attention. If you have any questions or comments, I’m here to respond to you. 🐋
Solana decline levelsThese in green and red lines solana deline levels, After touching these levels Solana could decline.
Note: This is not a buy /Sell Call. Trader at your own decisions.
#SOL/USDT
#SOL
The price is moving in an ascending channel on the 1-hour frame and is sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 169
We have an upward trend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 176
First target 185
Second target 191
Third target 198
SOLUSDT.1DSOL/USDT daily chart, several critical technical aspects come to light, guiding potential trading strategies.
Key Observations:
Resistance Levels: The chart displays a clear resistance at 'R1' ($196.95), which the price is approaching. This level has historically been a tough barrier, indicating potential selling pressure.
Support Levels: The primary support level is 'S1' at $133.25, which has held firmly in the past. Below this, 'S2' at $109.67 serves as additional security against more substantial drops.
Current Price Movement: The price trajectory shows an upward trend approaching 'R1', suggesting an imminent test of this resistance level.
Technical Indicators:
Stochastic RSI: Currently in the high range, indicating that the asset might be entering overbought territory. This condition could lead to a possible retracement or consolidation in the short term.
MACD: The MACD line is above the signal line and expanding, which indicates growing bullish momentum. However, caution is warranted as the market may adjust after such movements, particularly near significant resistance levels.
Strategic Approach: Given the proximity to 'R1' and the indicators suggesting strong momentum, traders might consider preparing for a potential breakout. However, it's essential to watch for signs of exhaustion or reversal given the overbought conditions. Entering trades on a confirmed breakout above 'R1' with adequate volume could offer a favorable risk-reward scenario, targeting higher resistances.
Alternatively, if the price fails to breach 'R1' and reverses, monitoring 'S1' for potential buy entries on dips could be wise. Placing stop-losses slightly below 'S1' would protect against larger downtrends while capitalizing on the asset's overall bullish trend.
Conclusion: The SOL/USDT pair is currently at a critical juncture, with 'R1' acting as a key level to determine the next phase of the price action. Whether looking to capitalize on a breakout or preparing for a retracement, traders should remain vigilant and responsive to the price action at these levels. Keeping an eye on both Stochastic RSI for overbought signals and MACD for momentum shifts will be crucial in executing timely trades. As always, employing robust risk management strategies will be essential to navigate potential volatility effectively.
Solana this is the movement! The beginning of it.Solana is looking for the target of $205.
It will probably reach it in early November. If the script is this - Bullish as it is being drawn, we will have a next bullish leg that can take us to $1,500 with a stop before at least $500.00.
This movement I refer to is a measure of the movement of the first bullish leg of this bull run. Nothing is that exact and the next leg may not reach $1,500, so when it hits $500, it will be partial and we will enter the pullback again and place a trailing stop below the low of the daily chart.
Solana Short Term TargetsSolana is showing strength and is probably draining buying power from Ethereum. We have a triple top resistance at 188.50 and down we can make a pullback to $161.00. Any short trade at this point can take you a bigger profit.
If you wait for this break at 188.0 and the second break at 205.00. This break can take us to 1500.00 if we consider the measure of movement of wave ab = cd I will explain this in the next post.
UPDATED IMPROVED AND NEW NEW NEW!!!!This chart is meant for ticky ticky Terry! A man who dreams of escaping from his hum drum life of slinging tools and chasing down delinquent creditors.
Sol/usdt predictionSol / usdt short setup
I am bearish on solana and i think it needs ancorrection from here
So what 's going on we will see
Today in the spotlight – Solana (SOL)🔥 Hello, traders! Today in the spotlight – Solana (SOL) 🔥
Recently, this project has gained momentum thanks to the introduction of meme tokens and new projects within its ecosystem. More and more investors and developers are focusing on SOL, making it one of Ethereum's most promising competitors. Looking at the chart, we see that Solana is displaying a strong bullish trend and has every chance of breaking past previous highs.
🔝 Entry Setup with risk/reward: 1:5 🔝
📊 My strategy:
🟢 Buy zone: 150-170
📈 Take-Profit targets:
TP1: 237
TP2: 360
TP3: 580
🛑 Stop-Loss: 115
More details for solBefore reading this text, please read the previous post👨💻
Fallout symptoms:📉
One of our most important signs
1. Volume reduction
It is true that Saturday and Sunday volume will decrease, but I am considering it
2. The last time we hit this resistance, we had a nice fall
3. We can see compression
Signs of price increase:📈
1.Our big cycles are upward
I could not see any other sign That's why I know the possibility of falling more😉
⚠️ Do capital management to survive ⚠️
Alarm for falling?In this post, I want to look at Sol from the upper time frame and in the next post we will go to the lower time frame😎
Cycles:
Let's start with cycles. In HWC (our big trend), the trend is upward
In MWC, the upward trend is weak
LWC is falling.
So, we can take more risk to climb, because it is the same direction with HWC and a little bit MWC, because the trend is weak, and for short position, we have to save profit quickly or put a big stop loss.🤔
Support and resistance:
Above the resistance of 175.67 we can continue the uptrend and below the support of 162.57 is a bit risky, for less than that we can consider 159 as support. It depends on your personality which one you choose, we can have a fall📉
Our general view of the chart was this. In the next post, we will go to a smaller time frame and a more detailed view🫡
SasanSeifi| Will the $185 Resistance Break? Hey there, ✌In the weekly timeframe, as shown in the chart BINANCE:SOLUSDT , the price, after a prolonged consolidation phase, surged from the $30 price range with a notable upward trend, reaching as high as $200. This significant bullish movement stalled upon encountering the $200 supply zone, leading to a correction and a phase of price fluctuation.
Currently, after testing the bearish order block level twice and failing to break through, the price is once again approaching this critical area. If we witness a breakout above the $185 level with weekly candle closures above it, the price could continue its upward momentum, potentially reaching higher levels such as $218 to $240. In this scenario, monitoring price reactions to these key levels can provide a better understanding of future price movements.
On the other hand, if the price fails to break through the $185 level, and we receive a SELL confirmation in lower timeframes, there is a possibility of a pullback towards lower ranges like $140 to $120, which could be accompanied by further corrections.
This analysis is my personal viewpoint and not financial advice. If you found this helpful, please like and comment – I’d love to hear your thoughts! Happy trading! ✌😊
SOLANA (SOLUSDT): Bullish Momentum Achieves All Targets!SOLANA (SOLUSDT) Analysis: Bullish Momentum Achieves All Targets!
Time Frame: 15-minute
Trade Type: Long
Entry: $168.54
Stop Loss (SL): $167.82
Targets (TP):
TP1: $169.43 - Achieved ✔️
TP2: $170.86 - Achieved ✔️
TP3: $172.30 - Achieved ✔️
TP4: $173.19 - Achieved ✔️
Technical Overview:
Solana (SOLUSDT) displayed a strong bullish trend, successfully hitting all projected targets in the 15-minute timeframe. The price maintained an upward trajectory supported by the Risological dotted trend line (a custom trend indicator) reflecting solid market support and increasing momentum.
Key Stats:
Volume: 2.91M (compared to an average 30-day volume of 14.55M)
Performance:
1 Week: +9.02%
1 Month: +11.98%
3 Months: -5.79% (slight retracement)
6 Months: +26.41%
Year-to-Date (YTD): +71.06%
1 Year: +448.54% (significant yearly growth)
The successful completion of all targets showcases strong buying interest and consistent volume support. With a sharp yearly growth rate, Solana’s current performance aligns well with its historical bullish trajectory. Traders who entered at the set entry point reaped the benefits as SOL maintained its bullish momentum.
SOLUSDT Cup and Handle Pattern Suggests Potential Bullish MoveSOLUSDT Technical analsysi uopdate
SOLUSDT has formed a cup and handle pattern on the weekly chart over the past 1080 days, which is a bullish signal. The price is currently forming the handle, and once it breaks above the handle's resistance, we can expect a strong upward move, signaling the continuation of the long-term uptrend.
Regards
Hexa
SOLUSDT 1H Elliott Wave Analysis with Projected ABC CorreIn this 1-hour analysis of SOLUSDT on Bitget, we observe a completed 5-wave impulse pattern based on Elliott Wave Theory. The chart suggests the formation of a corrective ABC pattern:
Wave (5) reached a peak, indicating the end of the impulsive phase.
We now anticipate a corrective A-B-C sequence, with Wave (A) already forming and Wave (B) indicating a potential minor retracement before the continuation of Wave (C).
Traders should watch for further confirmation of the corrective pattern and consider potential entry points for both short-term and long-term opportunities based on the completion of the correction. Key levels and market reactions to these movements will be crucial in identifying the end of the correction and the beginning of the next potential impulse wave.
Feel free to share your thoughts and feedback on this analysis!
SOLUSDT- Sell IdeaCurrently, SOLUSDT has made a new 'Lower Low' while breaking the previous 'Lower High' after making a divergence at 4-hour time frame. But it is taking support from a zone around 160 and also, from a trend line. Look for a selling opportunity if it breaks below the support. And look for buy opportunity if it bounces back from the support.
Solana - Strongest altcoin! New ATH + bull flag (buy now)Solana is currently one of the strongest altcoins. That's visible in the charts! Currently the price is forming a bullish flag pattern, so expect another big leg to the upside in the next few weeks. Where to take profit? Well, to answer this question, we have to use the Fibonacci extension tool and measure strong levels. I always use 0.382 FIB (383 USDT) and 0.618 FIB (829 USDT).
From the Elliott Wave perspective, wave (3) was really huge; Solana made 2600% last year. But let's focus on the future because there is a very high chance of making another 100%-400% until the end of this year. We need to finish this cycle with wave (5).
I recommend buying Solana as soon as possible before the huge pump begins! Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
SOL ANALYSIS🔮 #SOL Analysis 💰💰
🌟🚀 There is a complete formation of Cup and Handle Pattern in #SOL in weekly timeframe. We are just waiting for a perfect breakout. If #SOL breakout with good volume then we will see a very good bullish move.🚀🚀
🔖 Current Price: $168
⏳ Target Price: $250
⁉️ What to do?
- We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #SOL. 🚀💸
#SOL #Cryptocurrency #DYOR
SOL (1M_Journey) Entry ( 168.8 ) Target ( 190) Stop ( 160 )BINANCE:SOLUSDT
1 Million Journey.
It is a long journey with NO FOMO & NO RUSH.
In those trades i will try to make 1 million USD from 1000 USD.
*********************************************************************************
(4)
Entry ( 168.8) 1000$
Target ( 190)
Stop ( 160 )
*********************************************************************************
General information
************************
1. throw this challenge i will try to make 1 million USD from 1000 USD
2. It will be very long journey not fixed by time with NO FOMO & NO RUSH.
3. I will take this challenge by my personal money and my personal decisions so please if you need to follow ( do your own plan).
4. May be i can achieve that target and may be not.
5. I think it will be educational challenge.
6. May be a lot of challenges Throw the journey, i will try to correct the path every fall.
6. I do not need 1000X in one coin but i need small profit with a lot of successful trades depend on the following formula for 10% Profit
NST= ( IN(FV/C) ) / ( IN (1+P) )
NST = Number of successful trades (NST)
FV = Final value
C = Capital
P = Profit percentage
IN = Natural logarithms ( IN from calculator)
NST = ( IN ( 1000 000 / 1000 ) / ( IN ( 1 + 10% ) ) = 6.908 /.09531 = 73.5 Successful trade. with no loses.
Risk management
**********************
1. Entry by 50% or 75% depend on the market situation.
2. Maximum 5% loses per trade.
3. Maximum 1 lose per day.
4. Maximum 2 loses per week.
5. Maximum 2 trades per day.
6. Minimum rewards has to be 5% and the maximum depends the coin targets & market situation.
Trading rules
****************
1. Figuring the best entry point.
2. After achieving more than 5% profit moving stop loss to secure 5% profit .
3. Trading available opportunities in the market ( everyday - every week - every month)
4. Trading will be spot only.
5. Trading will be with trusted & high liquidity platform ( Binance coins).
6. (Monitoring coins - low liquidity coins) will not be traded .
7. (High rewards -low risks - fast trades - lower time frames ) will be traded.
Notes
********
1. these rules can be changed due to the market situations and new challenges.
Remember always, NO FORMO - NO RUSH It is a long journey.
Thank you for reading,
@Crypto_alphabit
Honestly, I don't feel like explaining, the chart says it all !!SOLUSDT is in the ascending phase by the cup and handle.
SOL is in a large C&H if it follows these pattern, the price will have a nice rally.
⭐The pattern increases the price by the amount of the measured price movement (AB=CD).
✨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!!
SOLUSDT / M15/ SHORTSOLUSDT Potential Downfall from Bearish Order Block
Bearish Order Block: 168.59 to 167.64
SOLUSDT is currently within a bearish order block, indicating a possible downward movement. With a high probability of success based on the current analysis, this trade has a favorable setup for potential profit. Let's observe the price action and see how it reacts around this zone to confirm the downward momentum.
Entry Price :- 167.68
Take Profit :- 163.64
Stop Loss :- 171.72
Incredible SOLUSDT.P JP TrendForce strategy optimization resultsIncredible SOLUSDT.P JP TrendForce strategy optimization results SOL on m45 timeframe -JP TrendForce by @DaviddTech-2185-44-32
