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...
SOLUSD.P trade ideas
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*
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....
[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...
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?
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.
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! :D
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.
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.
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 yet
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 management
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.
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.
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.
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, 104
SOLUSDThe SOLANA crypto has just arrived on an ATH, so a small correction may be on the way to a stronger start.
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 *****************
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.
