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SOL

Alikze »» CAKE | Dynamic trigger failure and pullback completionIn time 1W, after a zigzag correction, it will have the ability to rise to the targets specified in the chart by breaking the dynamic trigger and pullback to it by breaking the most important neck line resistance. According to the current motivational wave, this step can be fast. But its first supply zone will be in the range of 4.8 to 5.4 dollars. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️ »»»«««»»»«««»»»«««
Long
by alikze
11
Alikze »» RUNE | Head and shoulders pattern scenario🔍 Technical analysis: Head and shoulders pattern scenario - According to the analysis presented in the previous post, he retested the supply area after exiting the congestion, but failed to break it. - It is currently moving in an ascending channel in the weekly and daily time frames, which has broken the dynamic trigger. - A head and shoulder pattern has formed in the weekly time frame. 💎 If after retesting the dynamic trigger fails to break it and breaks the neckline, it can confirm the head and shoulder pattern for a downward trend to the origin of the movement, which can have downward targets near 3.13 and 2.35 and a green box. 💎 Alternative scenario: if the dynamic trigger is broken, its first target will be $6.25 and then it can be offered after the pullback to the successful structure of breaking the zone, it can have the next targets of $9.38 and $12.5. 🛑 Resistance range: 6.25 - 9.38 - 12.5 🟩 Support range: 3.13 -2.35 »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»«««
Short
by alikze
Alikze »» FTM | Corrective wave 2 scenario🔍 Technical analysis: Corrective wave 2 scenario According to the previous analysis, the phantom currency had an upward structure in the form of wave 3. 💎 In the daily and weekly time frame, this complex combination correction can be a response to the previous upward movement, which can be the confirmation of the wave 2 correction for the next super cycle. - In the daily time frame, it has been moving in an ascending channel, which is currently out of the channel. - An AB=CD pattern has had an ascending cycle within the channel. - Now the complex corrections combined inside a triangle are placed in a density. - By maintaining the current zone, it can have another attempt to trigger the dynamic range of Fibo 1.272 and the supply zone. - If it can break the supply area, it can move up to the Fibo area of ​​1.618. 💎 In addition, if it does not have the ability to stabilize the upper supply range, this pullback to the ascending channel can be an alternative scenario to continue the correction. 💎 Alternative scenario : if the green box breaks down and the price range of 0.58 is broken, the correction can continue and extend up to the range of 0.39. 🛑 Resistance zone: Fibo range 1.272 and 0.8301 - 0.8545 🟩 Support range: 0.6090 - 0.6349 »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»«««
Long
by alikze
7
Comprehensive Analysis of Solana (SOL) Bull Market and Future PrSolana (SOL) has captured the attention of traders and investors alike with its impressive price movements and robust technology. This comprehensive analysis dives into the current state of Solana's bull market, examining key indicators, historical trends, and potential future scenarios based on the weekly chart data. Historical Context and Past Bull Markets Solana has experienced several notable bull markets in the past, with the most significant occurring from late 2020 to mid-2021, lasting approximately 7-8 months. These periods were characterized by rapid price appreciation and heightened market activity, driven by strong market sentiment and broader cryptocurrency market cycles. Current Market Analysis Key Support and Resistance Levels Support Zones: $130.13: Immediate support level. $99.47: Important mid-level support. $61.54: Critical long-term support. Resistance Zones: $160.79: Significant resistance level. $204.45: Higher resistance level indicating potential upside targets. Technical Indicators Moving Averages (MA): The fast MA (9-week) is above the slow MA (21-week), indicating a sustained bullish trend. Relative Strength Index (RSI): Currently in a neutral zone, not indicating overbought or oversold conditions, suggesting room for further price movements. MACD (Moving Average Convergence Divergence): Positive but showing signs of weakening momentum. A bullish crossover in the normalized MACD line above the signal line would reinforce the bullish scenario. Enhanced Indicators: Large Traders Index (LTI): Increased activity by large traders often precedes significant market moves. Retail Traders Index (RTI): Measures the activity of retail traders. Normalized Combined Volatility: Indicates potential for significant price movements. Market Sentiment and Volatility The enhanced normalized volatility suggests a period of high market activity, typical in bull markets. Increased activity by large traders (blue line) and retail traders (red line) provides insights into market sentiment, with large trader activity often indicating upcoming major moves. Future Projections Short-Term (Next 3-6 Months) Bullish Scenario: If Solana maintains support above $130.13 and bullish indicators remain strong, we could see a continuation of the uptrend, potentially testing the $160.79 resistance level. Bearish Scenario: A break below $130.13 could lead to a test of the $99.47 support level. A sustained move below this level might signal further downside. Medium-Term (6-12 Months) The bull market could potentially extend, with the possibility of reaching new all-time highs driven by strong market sentiment, technological advancements, and broader market recovery. Long-Term Bull markets in cryptocurrencies can last beyond a year, influenced by major events, adoption, and technological progress. Continuous monitoring of key support and resistance levels, along with broader market trends, will be crucial. Conclusion The current bull market for Solana shows strong potential for continuation, with key support levels at $130.13 and $99.47 providing crucial benchmarks. Breaking the $160.79 resistance level could signal further upside. Monitoring technical indicators like the moving averages, RSI, MACD, and enhanced volatility measures will provide valuable insights into the market's direction. Based on historical trends and current analysis, the bull market could last another 3-12 months. P.S. My scripts are free to download.
CRYPTO:SOLUSD
by TAS1TheActualSnail
Solana Hits Big Resistance and Drops to SupportGood Morning Traders, It's important to review price action on Solana because it is our fourth largest altcoin (excluding stables) and does lead much of our altcoin market now in this position. The inverse head and shoulders pattern is playing out thus far. Solana touched my $122 support precisely before bouncing and rounding the bottom of our right shoulder. The 200 day SMA helped to hold price for support. Price then exceeded our .618 Fib fan level which intersected with a level I had drawn at $145. This now becomes support. Price had attempted to move higher but there is great resistance ahead on both our price chart and the RSI chart below. Both charts show big areas of confluence that are acting as major resistance. If the bulls can get above these, we are then safe to tackle that neckline. Once broken, we should have a price target of $235-245 before more rest. Don't forget, holiday weekends often give crypto a big boost. With the 4th of July being a big holiday here in the U.S., I would not be surprised to see price movement float up over the long weekend. Stew
COINBASE:SOLUSDLong
by stewdamus
Which ETF is next? ---- SOLAfter the ETH ETF, VanEck and 21Shares submitted application documents for the Solana ETF, and Solana saw a pump. We believe it is unlikely that the SEC will approve the SOL ETF, and even if it does, it will not be until 2025. As early as 2023, the SEC defined many Altcoins as securities, and SOL was one of them. Perhaps more and more Altcoin ETFs will be mentioned in the future, but they may not be confirmed and approved until 2024. If you are a trader, you can capture short-term long gains on these messages. Although the SOL ETF will not be passed in the near future, Solana is undoubtedly one of the most active ecosystems. Meme coins are growing like crazy on Solana, DEX trading volume is rising, and SOL is rising as a gas token. From the perspective of price performance, at the 4h level, after ending a successful downward prediction, the TSB indicator prompted an increase on June 27. After that, SOL started pumping again. The column is currently falling close to the wavy zone, which will provide support to SOL. Introduction to indicators: Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated. KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits. Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies. Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
by sypool-AI-TradeGenius
SOL : wait for buy Detailed Analysis of SOL/USDT Chart By AhmadArz📊 Key Levels and Zones Support and Resistance Zones: Support Zones: 118.69 - 120.00 USDT: This is the lower major support zone marked in red. 🔴 130.93 - 132.00 USDT: Another support zone where price action might find support. 🟢 Resistance Zones: 150.77 - 158.89 USDT: This is the first major resistance zone marked in red, with the grey shaded area indicating a potential supply zone. 🔴 170.02 - 175.60 USDT: This is a higher resistance zone indicating potential targets if the price breaks above the lower resistance. 🔴 Signal : 💲 Entry :136.65⬅️ Stop Loss : 130.93🔴 TP 1: 141.94 USDT 🎯 TP 2: 146.40 USDT 🎯 TP 3: 150.77 USDT 🎯 TP 4: 158.89 USDT 🎯 TP 5: 163.98 USDT 🎯 TP 6: 170.02 USDT 🎯 Trend Analysis Downtrend: The chart shows a general downtrend, with lower highs and lower lows being formed. 📉 Current Pullback: The price recently pulled back from the resistance zone around 150.77 USDT and is now testing lower levels. 🔄 Price Action Current Price: The current price is around 137.92 USDT, and it appears to be testing the minor support level at approximately 136.65 USDT. 🔍 Possible Rebound: If the price holds above the minor support level, it could attempt to bounce back and test the resistance levels again. 🔄 Potential Scenarios Bullish Scenario: Hold Above Support: If the price holds above the 136.65 USDT support, it might attempt a rebound towards the first resistance level at 150.77 USDT. 📈 Break Above Resistance: If the price breaks above 150.77 USDT, it can target higher levels, potentially reaching the subsequent take profit levels (TP 2 to TP 6). 🚀 Bearish Scenario: Failing Support: If the price fails to hold above the 136.65 USDT support, it could move down to the next support zone around 130.93 - 132.00 USDT. 📉 Further Downside: A break below the 130.93 USDT support could lead to a further decline towards the major support zone around 118.69 - 120.00 USDT. 🛑 Indicators and Patterns Candlestick Patterns: Observe for any bullish reversal patterns at support levels or bearish continuation patterns near resistance levels to gauge potential price movements. 🔍 Volume: Higher trading volumes near support or resistance levels can provide additional confirmation of potential breakouts or breakdowns. 📊 Conclusion The chart indicates critical support and resistance zones that can guide trading decisions. The next move will depend on the price action around the current support level at 136.65 USDT. Traders should look for confirmation signals to determine whether the price will rebound or continue its downward trend. ⚖️
Long
by ahmadarz
2
SOLANA is Bullish now & many Traders don't see it !!Hello! BINANCE:SOLUSDT 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). ❗ Note that if the cup and handle is broken down with the power of descending candles, our analysis will fail. 🤑 Stay great my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Thank you and for more ideas ❤️like❤️ and 🌟follow🌟!
Long
by CobraVanguard
1
SOL/USDT 1D Chart Review Hello everyone, I invite you to review the SOL chart in pair with USDT on a one-day time frame. As you can see, the price has approached the downward trend line, but will it be enough to break it up? after unfolding the Terran Based Fib Extension net, you can see that we are fighting against the current resistance at $149, then there is resistance at $165, the third at $179, and the fourth very strong resistance at $193. Looking the other way, we can similarly determine places of support. And here, the first support level is visible at $136, then the second resistance at $125, the third at $109, and the fourth at $98. When we look at the RSI indicator, we can see that it is at the upper limit, which may result in the inhibition of growth or even another attempt at recovery.
by cryptodailyuk
CAN SOLANA HIT $1000 IN THIS BULL RUN!!Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be much appreciated! Why SOLANA can hit $1000 in this bull run? Many analysts are optimistic about SOL's potential in the current market cycle. Here's a look at some factors to consider: Technical Analysis (T.A.) Bull Pennant (Possible): The 2-day timeframe suggests a potential bull pennant pattern. A clean breakout above the upper trendline could signal a significant price increase. However, confirmation is needed. Fundamental Analysis (F.A.) ETF Race: The recent filing for SOL ETFs could attract institutional investment, potentially boosting demand. Buy some SOL now and add more in the dip. The strong buy zone is in the $115-$125 range. What are your thoughts on SOL's current price action? Do you see a bullish pattern? Share your analysis in the comments below! Thanks!
Long
by CoreCrypto1
3
Alikze »» SOL |Corrective leg C scenario🔍 Technical analysis: Corrective leg C scenario - In the weekly time frame, wave 5 continued up to the 2.618 Fibo area. -After that, it entered a combined cycle correction. According to the selling pressure candle in the supply area in time 1W, it can be considered that the upward corrective wave B has ended. - In the analysis of the previous post, the details of the corrections in the weekly time frame have been reviewed. - After the instability above the PRZ zone, the correction extended to the green box and the size of the Fibo 1.618 of the previous wave. Due to the completion of the short-term structural reform, this demand can extend to the supply area after retesting the areas. Therefore, any upward correction will continue until it breaks the supply zone and can retest the second green box of the liquidity zone. - If this correction ends flat or if wave C is completed higher than wave A, the correction process can end. - Otherwise, the minimum correction will continue up to the $100 range. 💎 Possible scenario: we should witness an upward correction, and if the supply zone does not break, after that, it should be faced with selling pressure, which can extend and stretch the correction leg C to the $100 range. 💎 In addition, if the supply area of ​​break and above stabilizes, the bearish scenario ends and needs to be re-examined and updated. 🛑 Resistances: 150 - 163 - 175 🟩 Support: 100-113-125 »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»«««
Short
by alikze
Alikze »» BCH | Head and shoulders pattern scenario🔍 Technical analysis: Head and shoulders pattern scenario - It is moving in a medium-term ascending channel. - But now, due to the structural correction, it is moving in a short-term downward channel. - Currently, due to the breakdown of the structure and the downward slope, as well as the movement in a short-term downward channel, it can continue with the pullback to the broken structure and the supply zone to the origin of the correction movement. - Therefore, it can continue the correction with a retest up to the ceiling of the short-term descending channel and the supply area and complete the last leg up to the 250 range by breaking the major ceiling. 💎 Alternative scenario: if it can break the supply zone, the first target will be the $500 range, which can be considered as a pullback to the major ceiling. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»«««
Short
by alikze
Detailed SOL Technical AnalysisLet's dive deeper into the technical analysis of the SOL/USDT chart. We will analyze each aspect of the chart in greater detail, including support and resistance levels, trend lines, moving averages, and price action. The price of SOL is currently trading at $147.76.The sol breaks its resistance level at $138.01 and now makes its support. After rejection from the trend line and resistance zone(Pink) at $167.65 - $175.42 it falls at the support zone (Green) at $113.72 – $126.94 and now bounces from here. The price has been trading on the EMA 200 (Black) is showing a bullish trend. Support and Resistance Levels Support and resistance levels are crucial in technical analysis as they indicate potential price reversal points. Support Zones (Green) $113.72 - $126.94 This level has previously acted as a strong support, where buyers have consistently stepped in to prevent the price from falling further. Support Level at $99.62 This is another critical level where buying pressure might re-emerge if the price falls below the major support. Support Zone (Yellow) at $75.11 - $79.81 This yellow zone represents a strong support area, providing a cushion if the price experiences a significant decline. Support Level at $138.01 This level is the current support. The price could retest this level. Resistance Zone (Pink) at $167.65 - $175.42 This zone indicates a significant resistance that could pose a challenge if the price moves higher. Resistance Zone (Blue) at $199.65 - $212.99 This zone marks a significant resistance area where the price previously faced strong selling pressure. Exponential Moving Averages The price is currently above the 200 EMA, which is a long-term bullish signal. The 200 EMA often acts as dynamic support or resistance, and trading above it suggests that the overall trend is positive. Descending Trend Line The trend line from the recent high indicates a downward slope, representing a resistance trend line. This trend line could act as resistance if the price approaches it again. Price Action Recent Movement Currently, the price is trading at $147.46 at the time of writing. The price has bounced off the major support zone (Green) and EMA 200. Now the price breaks out from the $138.01 level. Volume Analysis At the time of writing the trading volume is at 3.622M, indicating significant trading activity and interest at the current price level. Observations - Currently, the price breaks the $138.01 resistance level and makes it a support. - If the price holds above this level, it could trigger a bullish run towards the next resistance zone(Pink). - If the price fails to hold this support, it could fall back towards the support zone(Green). Potential Scenarios There are 2 scenarios Bullish Scenario If it holds the support level at $138.01, we could see the price targeting the next zone(Pink) and the trend line. If the bullish momentum continues and breaks above from Pink zone and the trend line, we could see the price will reach a higher resistance zone in Blue. Bearish Scenario If the price fails to hold the $138.01 support, it could fall back to the support zone in Green. If the price breakdown from the major support zone Green could lead to a further decline toward the support at $99.62 and possibly it could break down further to the next support zone in Yellow. The last zone is marked on the chart. Technical Indicators Based on technical indicators on a daily time frame The relative Strength Index (RSI) value is at 51.32 (Neutral) Momentum is at 4.45 signaling a (Buy) MACD Level (12, 26) is at -6.04 signaling (Buyl) Exponential Moving Average (50): 150.60 (Sell) Exponential Moving Average (100): 148.58 (Sell) Simple Moving Average (100): 159 (Sell) Exponential Moving Average (200): 130.40 (Sell) Ichimoku Base Line (9, 26, 52, 26): 148.80 (Neutral) Volume Weighted Moving Average (20): 141.98 (Buy) Hull Moving Average (9): 139.71 (Buy) Interpretation The oscillators are neutral, and the moving averages' strong buy signals suggest that the overall sentiment for SOL/USDT is bullish, with an expectation of upward price movement in the near term. This could be an opportune moment for traders to consider entering a buy position, while also being cautious and monitoring for any shifts in market sentiment. Conclusion The overall technical analysis for SOL/USDT suggests a neutral sentiment with mixed signals from oscillators and moving averages.
Long
by TheCryptoCity
SOLANA - Top In Place! Down We Go...In our last analysis, we shared an unpopular opinion where we forecasted Solana to move down towards the $10 region. We appear as if we've made the top and looking for further downside. The overall pattern we're seeing is a 535 Zigzag correction. We had our confirmation to sell as the break of the red trendline, which we used to signalise the end of wave B and the start of wave C. We're keeping invalidation levels for the bearish scenario above 210. We'll be looking for further shorting opportunities. We'll be sure to update when we see another entry point! Goodluck and as always, trade safe!
BINANCE:SOLUSD
by WicktatorFX
24
Solana (SOL): Preparing for Further CorrectionsInitially, we entered Solana at $80 and have been pleased with our position. However, upon reevaluating our scenario, we believe that the larger Wave II may not be complete, and we could see further downside. Therefore, we have decided to adjust our stop loss to avoid being prematurely stopped out, especially if Wave II is not yet finished. This adjustment is based on our long-term belief in Solana's potential. We anticipate that Solana might fall to the range between $92 and $51, with $51 being the absolute maximum downside level. In anticipation of further corrections, we plan to place a second entry at the 127.2% Wave C level, expecting a significant rise post-correction. Quarterly VWAP Analysis In the current situation, the 2024 Q1 VAH (Volume Area High) is acting as resistance, while the current range is defined by the 2024 Q1 VWAP at $126, which has been touched twice, each time forming lower lows. If Solana loses the $126 support level, the next significant range is between $91 and $82. This aligns well with our second entry target at the 2024 Q1 VAH and the 2023 Q4 VAH. In the worst case, a further drop could take Solana down to around $60. To achieve a bullish reversal, Solana needs to reclaim the $126 level and push upwards. Breaking above $161.9 would signal strength, and surpassing the $210 mark would confirm a bullish trend continuation. In conclusion, we remain open to further downside to the $91-$82 range for a potential second entry. Holding this range is crucial to avoid deeper declines towards $60. Conversely, reclaiming $126 and breaking above $161.9, and eventually $210, would indicate a strong bullish reversal.
Long
by freeguy_by_wmc