SOLUSDT 1D#SOL is moving within a bullish pennant and is currently sitting on the daily MA50, showing strength. A 100% bullish wave is expected if it breaks out above the pennant.
SOLUST trade ideas
SOL/USD Weekly Analysis: Key Support, Resistance Levels, and MAC
This analysis covers Solana (SOL/USD) on the weekly timeframe, focusing on the recent price rebound, key support and resistance levels, and insights from the MACD indicator.
Analysis:
Recent Rebound:
Solana has rebounded 37% from its recent dump.
The current price is hovering around the BB mid-band at $154.
Key Support Levels:
Nearest Support : The closest support level is at $137.
Major Support: The green box between $110-$115 is critical, aligning with the lower BB band.
MACD Indicator:
The MACD histogram is still in the red, indicating bearish momentum or sideway action.
However, the price is higher than the base line, suggesting potential strength.
For a bullish MACD cross to occur, Solana needs to close above $170-$180.
Potential Scenarios:
Bullish Scenario:
If Solana closes above the $170-$180 range, it could trigger a bullish MACD cross, leading to further upward movement.
This would strengthen the case for a continued rebound and a possible test of higher resistance levels.
Bearish Scenario:
If Solana fails to maintain its current levels and breaks below $137, we could see a retest of the major support between $110-$115.
A break below this major support could result in further downside pressure.
Conclusion:
Solana's recent 37% rebound brings it near key levels, with the BB mid-band at $154 and important support at $137. Watch for a close above $170-$180 to confirm a bullish MACD cross, which could propel SOL higher. However, failure to hold support could lead to a retest of the $110-$115 zone.
SOLUSDT Set to Break ATH, Watch for Big Up move.SOLUSDT is demonstrating strong bullish momentum as it advances towards its all-time high (ATH), having recently broken through key resistance levels. With the current trajectory suggesting a potential surge, traders can expect a significant upward movement that may surpass previous ATHs. However, it is crucial to manage risk effectively; always set a stop loss to safeguard your investments against unexpected market fluctuations.
SOLUSDT (1D Chart) Technical analysis
SOLUSDT (1D Chart) Currently trading at $193
Buy level: Above $188
Stop loss: Below $165
TP1: $200
TP2: $215
TP3: $230
TP4: $260
Max Leverage 3x
Always keep Stop loss
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Cup and Handle for Solana This is Day timeframe as I checked it has bullish momentum and expected to be going to the moon next year!
#SOL/USDT breaks & retests the Diagonal Trendline in 1-Hour TF!#SOL/USDT breaks & retests the Diagonal Trendline in 1-Hour TF!
CRYPTOCAP:SOL is looking bullish. The local resistance level is PMH $194.22, and the local support level is PDL $142.19.
Solana (SOL): Possible Zone of Rejection From EMAsSolana has overcome the major resistance zone of EMAs in a 4-hour timeframe, and now we are looking for any kind of wekaenss to kick in and full rejection to form from here.
If all plays out well, then we should see a downward movement to lower target zones here!
Swallow Team
#SOL/USDT#SOL
The price is moving within a descending channel pattern on a 1-day frame and is expected to reach the upper limit of the channel, which is a resistance level
We have a downtrend on the RSI indicator that has been broken upwards and we have a trend to stabilize above it
We have a major support level in green at a price of 120
We have a trend to stabilize above the moving average of 100, which supports the rise
Entry price 150
First target 164
Second target 174
Third target 184
SOL Don't be a fool. ETF news after 24% is a good trapSOL Don't be a fool. ETF news after 24% is a good trap
I think most of people that bought solana at high will be liquidated as always did
that's why i took short at 150.35
1st targeted was $144 (already hit)
2nd target $139.5
watch full updated
$SOL #SOLANA Making pennant pattern. Bulls ahead. The $166 level is a key resistance point. If we break above it, the outlook turns bullish, making it an ideal entry point to start buying or accumulating. This coin is a hidden gem you’ll want to keep in your portfolio.
The chart shows one of the best fractal patterns currently available:
- Consolidation is happening above the bear market range.
- The lower end spring is complete.
- We might see a couple of months of sideways movement before the price heads upwards.
Crypto success is about staying in the game. Avoiding liquidation is crucial so you can continue to trade and seize opportunities when they arise. Remember, it’s about surviving to fight another day and being ready to pull the trigger when it counts.
Like share this view.
$SOL CRYPTOCAP:SOL showing massive strength of bounce and performance on daily timeframe and there's a high potential to reclaim $180 in the upcoming days subject to BTC behavior and BTC dominance. Be mindful on the possibility to retest 120-130$ area before further move to the upside.
SOL scalp - August scalping journey trade Nr. 3The only setup from the livestream that I will be playing is this setup on SOL. You already know the plan, 30m FVG + demand should hold and target new highs.
The chart highlights multiple Breaks of Structure (BOS), indicating key levels where the price has shifted its market structure, moving from a bearish to a bullish trend.
30-Minute Fair Value Gap (FVG):
The 30-minute Fair Value Gap is a crucial zone where the price is expected to find support. This gap represents an imbalance in the market that the price may revisit to achieve equilibrium.
30-Minute Demand Zone:
The 30-minute demand zone, located just below the FVG, is another significant area of interest. This zone is where strong buying activity previously occurred, providing a potential support level for the price.
SOL - Reversal Trade#SOL/USDT #Analysis
Description
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+ The price has once again tested a crucial support level for the third time, a zone that has proven resilient in past corrections. This setup presents a potential trade opportunity as the price targets a strong resistance level aligned with the previous all-time high (ATH).
+ There is a favorable trading opportunity from the current support zone up to the resistance level.
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VectorAlgo Trade Details
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Entry Price: 143.79
Stop Loss: 106.86
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Target 1: 160.52
Target 2: 172.89
Target 3: 194.87
Target 4: 233.20
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Timeframe: 3D
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
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Best Regards,
VectorAlgo
Long trade
Buyside
Tokyo to NY Session AM
00:00 Hrs
Entry: 140.4526
Profit level: 181.4110 (29.16%)
Stop level: 135.5312 (3.50%)
RR: 8.22
100% spot on sol analysis Sol is going as planned with the previous analysis that I have been giving even tho they received comments from non believers I hope you guys have an open mind and believe in different possibilities that can happen. I gave multiple shares of my sol short analysis and no one believed it
LONG SOLUSD
LONG SOLUSD
Entry 115
SL 100
TP 185
Signal 23 active ,looking for a retest of the low off the 4hr chart
SOL/USDT NEW INCREASE VOLUMESOL/USDT shows the low time frame possibility for new volume which can affect the price for an uptrend. ( depend all on high chance) There are no guarantees in the markets.
The new increase volume updates always start with interest if there is a confirmation to follow and if there is a building with a hold for a time.
90% of coins this time are not building coins. Some % also show a start fake trend and return to where it started. time frame confirmation + high levels building is important for a healthy coin.
WIF - Repeating Solana fractal? Seems like the chance to buy the hat at such cheap prices before it follows the Solana fractal from 2020-2021. Imho, the worse is likely in and even if we get a pullback, we'll chop around near the lows.
With BOJ capitulating within 48 hours and taking a U-turn on its stance, there's a good chance that the low is in for majority of memecoins, and the extreme dump that we just witnessed was probably a generational buying opportunity.
I have already placed my bets. GL.
The hat stays on. 🫡
Disclaimer: This post should NOT be construed as investment advice and is meant for learning purposes only. Please consult your financial advisor before making any investments.
Solana is ready to shorttttSeplana is ready to start its fall, what do you think??
Be sure to keep an eye on Solana for shorts
SOL maintaining an upward trendHello, traders.
If you "Follow", you can always get new information quickly.
Please click "Boost" as well.
Have a nice day today.
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(1M chart)
Due to this change, the HA-High indicator on the 1M chart is showing signs of moving to the 147.74 point.
Accordingly, we need to check if it can receive support and rise around 0.707 (135.56) ~ 0.786 (149.62).
-
(1W chart)
We need to check if it can continue the upward trend along the upward trend line.
If not,
1st: 0.5 (98.71) ~ 0.618 (119.71)
2nd: 0.236 (51.71) ~ 0.382 (77.70)
You need to check the support near the 1st and 2nd above.
-
(1D chart)
Unlike most other coins, it is one of the coins that is maintaining an upward trend.
Accordingly, if SOL is supported in this large downtrend, it is expected to create a new large upward wave.
-
A new buy zone is possible when support is confirmed near 134.96-147.74.
If it rises, the 168.41-179.89 zone will be the first sell zone.
Therefore, it is highly likely that a full-scale uptrend will begin when the price rises above 179.89 and holds.
The stop loss point is 112.24.
Since the stop loss point is far away, investment weight adjustment is necessary.
-
Have a good time.
Thank you.
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- Big picture
It is expected that a full-scale uptrend will begin when it rises above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 13401.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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SOL Short Setup update - Aug 6 2024Just as predicted on July 29th, #SOL crossed below the trendline and dumped to much lower levels and hit all our TPs, during the panic-selling by traders, SOL dumped some 40%
Solana to $155 todayI'm currently waiting to long solana.
The odds are in my favor. Just waiting for entry based on my plan.
Solana is correcting on the daily it seems. This gives an opportunity to take a short term long.
Target is $155 area. Given the market pushes to that area as I anticipate I'm expecting possible continuation back to the downside.
I'll update when I enter the trade, might take 2-3hrs.
BTCUSDT & SOLUSDT, Tue 06 Aug, Some Trade Scenarios for PM Se.!The Both price of BTC and Sol are playing in 50% Fibo Level.
In London Session Could get short position.
In NY session, I couldn't get Long Position. Who got this long is Smart one!
The Market is Bullish,
Maybe
- Have sharp upward price Movement till 62% Fibo
Or
Maybe
- Can get short.
what do you think? Short or Long?
I think after 13:30 can get decide or a lit clear to Long or Short!
Please send your comment & share your ideas & Boost my Idea!
Thx in advanced!
SolanaAfter yesterday's collapse, Solana was able to regain its support zone. Probably, the price will pull back to this area and move up to the specified area.
