2 long zones for long on sol. Looking for price to pullback to the mid range support. If price moves instead to the local top I will wait for a break and enter a long on the retest.Longby hamdielmi29112
SOL 6H. Solana Heading to $400 in the Medium Term. 12/12/24The asset price is currently stabilizing within the $222-$204 range, which could serve as a critical support zone. Support is the level where the price tends to bounce back as buyers step in aggressively, holding the price at this level. In the short term, Iโm considering a buy position targeting $260, which marks the upper boundary of the current range. For me, this is strictly a near-term goal. In the medium term, I anticipate Solana trading between $300 and $400. To put it clearly and concisely: I expect further growth for #SOL and do not foresee the price dropping below $204. DYOR.Longby trendbooster16
$SOL - Consolidation in a bullflag / Channel before new ATH The cryptocurrency Solana ( CRYPTOCAP:SOL ) appears to be in a consolidation phase, forming a bullish flag or channel pattern. These patterns are often interpreted as a pause in the prevailing trend, typically followed by a continuation to higher levels. If the technical pattern plays out as expected, this consolidation could precede a breakout to new all-time highs (ATH). Analysis: 1. Bullish Flag/Channel Pattern: - Pattern Characteristics: The bull flag or channel is identified by a downward or sideways sloping consolidation after a sharp upward movement. In CRYPTOCAP:SOL 's case, the price action suggests a period of reduced volatility within a defined range, indicating a temporary pause rather than a reversal. - Implications: This setup is often viewed as a continuation pattern, signaling that the asset is gearing up for another leg higher. 2. Market Context: - Previous Uptrend: The presence of a bull flag typically requires a preceding strong upward trend, which CRYPTOCAP:SOL has likely experienced leading up to this phase. - **Broader Sentiment:** Market conditions, such as sentiment around cryptocurrency markets and Solana's fundamentals, are pivotal in validating this bullish outlook. 3. Potential for New ATH: - Breakout Confirmation: If CRYPTOCAP:SOL breaks above the upper boundary of the flag/channel with strong volume, it could confirm the bullish continuation pattern. - **Target Projection:** The height of the preceding rally (flagpole) is often used to project the potential target after the breakout, suggesting that CRYPTOCAP:SOL might achieve or surpass its previous all-time high. 4. Risks to Consider: - Invalidation:* If CRYPTOCAP:SOL breaks below the lower boundary of the flag/channel, it could invalidate the bullish pattern, potentially signaling a trend reversal or prolonged consolidation. Conclusion: The consolidation of CRYPTOCAP:SOL in a bull flag or channel pattern indicates a potentially bullish setup, with the possibility of achieving new all-time highs. However, traders should monitor breakout levels, volume confirmations, and market conditions to validate the pattern and manage risks effectively.Longby akaboshi5
SOLUSDT.1DThe daily chart of SOL/USDT shows the asset trading within a well-defined range, having recently faced a downturn from the upper resistance level. This analysis will highlight the key price levels, examine the current market conditions, and evaluate the implications of the technical indicators. Price Action and Structure: SOL/USDT has been trading within a price channel, demonstrating fluctuations between support and resistance levels. Currently, the price is around $210.35, having retreated from a recent high near the resistance level at $262.33 (R2). Resistance and Support Levels: Resistance Levels: The immediate resistance is observed at $202.28 (R1). A breakthrough above this level could lead to a retest of the higher resistance at $262.33 (R2), which has capped previous price ascents. Support Levels: Key support is currently found at $153.26 (S2). Before this more significant level, a minor support exists at $202.28 (S1), which could provide some stabilization in case of further price declines. Moving Averages: Not explicitly shown on the chart, but typically, the placement of the price relative to its moving averages can provide insight into the overall trend's strength and potential reversal points. Technical Indicators: MACD: The Moving Average Convergence Divergence (MACD) is indicating a bearish momentum as the MACD line is positioned below the signal line. The increasing distance between these lines suggests strengthening bearish momentum. RSI: The Relative Strength Index (RSI) is currently at 54.71, indicating neither overbought nor oversold conditions, offering room for potential movement in either direction. Conclusion: SOL/USDT is currently in a retracement phase within a larger bullish context. The key levels to watch are $202.28 (S1) for immediate support and $262.33 (R2) for resistance. The current technical setup suggests that while there is potential for further downside towards S2 at $153.26, the neutral RSI indicates that there could be sufficient buying interest to stabilize the price or drive a recovery if broader market conditions remain favorable. Investors should monitor these levels closely along with the MACD and RSI trends to gauge the asset's next directional move.by MarsSignals2
Sol Short ScalpAdded to shorts. Entry 227 Tight and flat Stoploss at 229 Targeting 206 Note: Not a Financial Advise.Shortby ROBO416Updated 113
Major Correction before trying to overtake ETH?This time, weโre looking at the Solarna chart. As you can see, we have a very large overarching yellow structure, and our interim breakout was stopped at the resistance line. On the right, Iโve included an image from a smaller timeframe, and as you can see, weโre currently managing to position ourselves within the reversal zone, also known as the XY level, in a turquoise structure. I strongly believe this level will push us down into the target levels. Within these target levels lies our overarching yellow XY level. This marks a very attractive area where Solarna has a good chance to regain strength, complete the sequence to the upside, and aim for the $300 mark. Will this be enough to dethrone Ethereum? Only time will tell.Shortby xSamu_TA113
#SOL reached support zone ๐#SOL reached support zone โ๏ธ โก๏ธThe entry point of spot trading has been triggered, so the previous reduced position is automatically bought back. ๐ง From the perspective of wave theory, the bearish wolf wave here may have ended, and a rebound can be expected. โก๏ธFor futures trading, we do not have much cost advantage, so I will let everyone choose to wait and see. It is not certain whether it will stabilize here. If it continues to break down, it is possible to touch our defense point, and we will turn profit into loss, which is not worth the loss. ๐I need to further observe whether it can stabilize here, and we will participate in long transactions after specific signals appear. Let's see๐ ๐คIf you like my analysis, please like๐ and share๐ฌ BITGET:SOLUSDT Longby wolf_king888Updated 6
SOL up to 300$I hope you are ready for a $300 flight before the new year. I would expect a hike to the 1.618 level and a powerful breakout soon. Longby horbanbrothers7
SOL Mid-term IdeaSol has a possibility of retesting my support trendline between $160-175. I would aim for that confluence to buy spot or long it from there.Longby tangytang2
SOLUSDT Buy Zones HighlightedWith the possibility that the cryptocurrency market may not recover by year-end, Iโve lowered my buy positions significantly to reflect a more cautious approach in the current environment. For SOLUSDT, the blue boxes on the chart mark key support zones where I plan to join as a buyer. These levels are strategically selected for their potential to act as strong support, offering a favorable entry with reduced risk. Key Levels: Buy Zones: Blue boxes on the chart Risk Management: Stop loss placed just below the lower boundary of the final blue box Target: Monitoring for a bounce and strength confirmation before setting upside targets Patience and sound risk management are critical in these uncertain market conditions. Disclaimer: This is not financial advice. I keep my charts clean and simple because I believe clarity leads to better decisions. My approach is built on years of experience and a solid track record. I donโt claim to know it all, but Iโm confident in my ability to spot high-probability setups. My Previous Analysis ๐ถ DOGEUSDT.P: Next Move ๐จ RENDERUSDT.P: Opportunity of the Month ๐ ETHUSDT.P: Where to Retrace ๐ข BNBUSDT.P: Potential Surge ๐ BTC Dominance: Reaction Zone ๐ WAVESUSDT.P: Demand Zone Potential ๐ฃ UNIUSDT.P: Long-Term Trade ๐ต XRPUSDT.P: Entry Zones ๐ LINKUSDT.P: Follow The River ๐ BTCUSDT.P: Two Key Demand Zones ๐ฉ POLUSDT: Bullish Momentum ๐ PENDLEUSDT: Where Opportunity Meets Precision ๐ฅ BTCUSDT.P: Liquidation of Highly Leveraged Longs ๐ SOLUSDT.P: SOL's Dip - Your Opportunity ๐ธ 1000PEPEUSDT.P: Prime Bounce Zone Unlocked ๐ ETHUSDT.P: Set to Explode - Don't Miss This Game Changer ๐ค IQUSDT: Smart Plan โก๏ธ PONDUSDT: A Trade Not Taken Is Better Than a Losing One ๐ผ STMXUSDT: 2 Buying AreasLongby XU997
SOL $260 - Bounce from Support for 26.72% ReturnAltcoins, including BINANCE:SOLUSDT , got hit today and tumbled more than 10%. Nevertheless, the situation remains bullish overall. Solana hit support at $204.00 and bounced right off from it. We're currently targeting the last HH (higher high) at $260.00 which could give us up to 26% in return for this trade. Of course, if we break below $204.00 and close the daily candle there the trade would be disqualified. We are also inside a bullish flag (blue channel) that looks like a healthy consolidation of the former leg up we made during November. Support Zone: $204.00 Resistance/Target Zone: $260.00 Let me know what you think!Longby LGNDRY-Capital554
SOL/USDT Bullish Setup SOL has retraced into a key demand zone near $215, offering an attractive long opportunity. This retracement follows a significant Market Structure Shift (MSS), and price is now showing signs of potential bullish reversal. Key Observations: 1๏ธโฃ Strong Demand Zone: Price has tapped into the demand area near $202โ$215, where buyers historically stepped in. 2๏ธโฃ Upside Targets: First TP: $246 (prior structural resistance and Order Block). Second TP: $263 (key liquidity area). Third TP: $300 (psychological and structural level). 3๏ธโฃ Favorable R:R Ratio: This setup offers a solid risk-to-reward profile if managed properly. Trade Plan: Entry Zone: $215โ$217 for a favorable position. Stop Loss: Below $202 to protect against invalidation. Take Profit Levels: TP1: $246 TP2: $263 TP3: $300 Patience and proper risk management are key here as we watch for bullish momentum to build up. Let's see if SOL can reclaim higher levels and push toward $300!Longby origami_capital331
Good prices to buy Solanahello friends This currency experienced a strange pump and then the price stayed in the channel for about 230 days. Then, with the strength of your channel, you were able to show yourself Now it is pulling back to the top of the channel and the price is right to enter. There are three purchase steps that seem attractive and we have specified them for you. Don't forget capital management, friends. Be successful and profitable.Longby TheHunters_Company1110
SOLUSDT Trade LogSOLUSDT Short Setup (4H) Trade Logic: - Entry: Short within the 4-hour Fair Value Gap (FVG) following a strong sell signal. Confluence Factors: - Overextension: Price shows significant overextension above key resistance levels, increasing the probability of a reversal. - Market Structure Shift (MSS): Clear break of bullish structure, signaling a potential trend reversal. - Long Squeeze: Evidence of trapped long positions, adding downward pressure as they exit. - Declining CVD (Cumulative Volume Delta): Weak buyer momentum during the recent price rally, supporting bearish bias. - Risk-Reward: Minimum 1:2 RRR with stop-loss above the FVG and a maximum risk of 1% of account balance. - Target: TP1 at the next structural demand zone; TP2 near key psychological support (e.g., $50). Macro Context: - Market Sentiment: Broader crypto market shows risk-off behavior as BTC retraces, aligning with bearish SOLUSDT bias. - Funding Rates: Positive funding rates indicate aggressive long positioning, increasing short squeeze potential. - On-Chain Metrics: Declining SOL staking activity and increased token flow to exchanges suggest reduced demand and potential sell pressure. Keep stops tight and reassess if SOL breaks back above the 4H FVG, invalidating the setup.Shortby FonderaUpdated 223
SOL short Position Sol rejection from here can send it down pretty fast. Looking into short position from here. Above 241 with close sl of 245. Risky call but have nice RR. Note: Not a Financial Advise.Shortby ROBO416Updated 4
SOLUSDT 2DSOL ~ 2D #SOL the price got a pretty good reaction at this support block area. This is also the Golden Fibonacci area. Buy gradually on this support block,. with a minimum target of 20%++Longby CryptoNuclear2
SOL is making a correction#SOL is making a correction which can let the market drop to lower prices as there is some fibo levels to reach and after that can make another riseby stratus_co1
SOLStop run LWL into upper falling wedge breaking out > consolidate > ATH BO. weekly not overbought, back inside bolly bandsLongby nuggydeeUpdated 7
60% crash for SOLANA to $100 on the horizon? ** A forecast for the months ahead ** SOLANA bulls are tenacious, their resolve for project and price appreciation is unshakable. But we're in the business of making money not pandering to reclusive developers and empty promises. As with all Ponzi schemes, they melt down as fast as they melt up. We can benefit from those opportunities or supply them. 90% of those reading this volunteer the supply route. Why should profits now be taken? On the above 5 day chart: 1) Price action is up 2400% from floor. 2) Price action and RSI Support breakouts. 3) Regular bearish divergence. Unlike other divergences, this one is measured over the same period of time as the bullish divergence in October 2022 that started the bull market. You think this time is different? 4) Gravestone DOJI candle print. (see chart below). Is it possible price action continues upward? Sure. Is it probable? No Ww 5 day Gravestone DOJI Shortby without_worriesUpdated 353545
Solana to 288$BINANCE:SOLUSDT Solana is bullish as it broke the triangle Entry 242.7 Target 288.0 Stop 213.0Longby TrillionsClubUpdated 5
SOL testing resistance*Remember, all the trades i am taking with risk management* SOL is retesting resistance area with BTC selling pressure. It should go up from here or else will be visiting lows. Longby OGA02123
$SOL WeeklyBoth USD and BTC pairs showing weakness on SOL. I would like to bid the 200 area if we get a retracement into this. HTF is till bullish, any pullback is an opportunity to buy.Longby theorangepill0
sol usdt long futures"๐ Welcome to Golden Candle! ๐ We're a team of ๐ passionate traders ๐ who love sharing our ๐ technical analysis insights ๐ with the TradingView community. ๐ Our goal is to provide ๐ก valuable perspectives ๐ก on market trends and patterns, but ๐ซ please note that our analyses are not intended as buy or sell recommendations. ๐ซ Instead, they reflect our own ๐ญ personal attitudes and thoughts. ๐ญ Follow along and ๐ learn ๐ from our analyses! ๐๐ก"Longby Golden_candle5511