Get started

SOL

SOLANA COIN SWING LONG IDEA - ALTCOIN MARKET - SOLSolana is one of my favorite coins for the 2024-2025 altcoin bull run. It has strong fundamentals, as well as a supportive community. The price is coming from the discounted monthly demand zone. The weekly structure is also bullish, and the daily structure is accelerating upward momentum. I believe we will easily reach the purple targets and eventually return to all-time highs. I’ve bought a spot bag here. It may retrace slightly before taking off, so invest and trade accordingly. Nothing i share is financial advice. Education purposes only.
Long
by UA_CAPITAL
10/17 Give us a healthy pull back. Overview: The AMEX:SPY continues its upward trajectory, hitting new all-time highs. The bullish momentum is supported by more companies exceeding earnings expectations this week. Despite rising unemployment and persistent inflation, corporations are posting record profits. It’s a reminder that the stock market and the economy don’t always move in sync. The NASDAQ:QQQ , representing big tech, is hovering near its all-time high but struggling to break through. The Federal Reserve reported fewer initial jobless claims at 241k, a decrease from last week, but still higher than the average over the last three years. The CME Watch Tool now indicates a 9.3% chance of no rate cut in the next meeting on November 7th, influenced by these labor market figures. Meanwhile, a surge in BTC ETF purchases has been observed throughout the week. Yesterday, BlackRock acquired $309 million worth, nearly tripling its average of $117.4 million. This marks their fourth consecutive day of buying. Even Grayscale joined the action. Altogether, $1.854 billion flowed into BTC ETFs this week. This could either mark the peak of the sixth bullish wave or set up a breakout from the year-long bullish flag pattern. BTC saw an 8% rise this week, making it one of the top five best-performing weeks of the year, including February's pump following BTC ETF approval. However, the volume remains lower than expected. For a full trend confirmation, we need institutional whales to join in. If we are indeed breaking out of the bullish flag, the volume should match levels seen at the beginning of the bull run in October and November 2023, when weekly volumes were 80-100% higher than this week. BTC Technical Analysis: W: On the weekly chart, BINANCE:BTCUSDT candle wick has reached July's open and close but hasn't tested its highs around $70k. A close above $68.2k this week would be a bullish signal. We still have Friday, but the weekend isn’t likely to bring much action. D: BTC has been at the upper Bollinger Band for four consecutive days without any correction or pullback. The candles are reminiscent of the week of September 3rd, which saw an 8.5% pump, followed by a fake breakout and an additional 4.54% rise before a sharp decline wiped out all gains within ten days. A healthy pullback could target the $64-68k range—but of course, the bullish sentiment says, "No pullbacks on the way to the moon!" 4h: The current pump started at the key 2024 level of $62.7k, rising in three waves. The third push had lower volume, signaling a price-volume divergence. RSI has exceeded 70 twice and is now trending down, showing divergence with the price. On-Balance Volume (OBV) and Cumulative Volume Delta (CVD) also indicate divergence. Without a clear shooting star candle with high volume, nothing is confirmed yet. We might see some sideways action over the weekend before a possible breakout on Sunday evening. 1h: Bearish. Alts Relative to BTC: ETH, SOL, and NEAR are showing weakness. None have reached their July peaks like BTC, and they have all pulled back after this week’s pump. Quick question: Does MKR have a bottom? Bull Case: If we continue breaking out of the bull flag, the pump could extend into next week, with potential gains of another 6-8%. If Trump wins and crypto rallies, rates could be cut in November and December, bringing them down to 4.25-4.50%. Bear Case: We could continue oscillating within the $58-70k range, and we are currently at the upper end. Fear and Greed Index: Currently at 58, still Neutral, but it touched the Greed level of 60 yesterday.
COINBASE:BTCUSD
by EvgenCapital
Solana Faces Resistance at $160, Seeks Liquidity Between $132 anSolana (SOL) is currently in an interesting price range for investors looking for liquidity opportunities. The asset may retreat from the $153 level towards lower levels, seeking liquidity in the $137 to $132 range, offering a potential entry point for short-term investors. However, the asset is facing significant resistance around the $160 mark, which has been challenging to surpass in the current market environment. Despite this difficulty, Solana shows promising long-term potential, supported by its robust technological infrastructure and increasing adoption in the blockchain market. Investors with a more patient profile might view this phase as a strategic positioning opportunity, with an eye on potential future gains.
Short
by space_cash
Its Time , Bitcoin 160k by March or September 2025?We are in the early stages of the next bull market. The question was never "if" but rather "when." The probability has shifted significantly to the upside in the last two months. Really, nothing much has been going on, and I’m waiting for my confirmation markers to trigger before making a technical analysis. In my view, we are in a pretty large bull flag, and a mirror move like the one we saw from September 2023 to March 2024 could push Bitcoin to $160K by March 2025. There are two major dates I’m focusing on: March/April 2025 and September 2025. The clearest sign of a change in trend is that we stopped putting in lower lows and formed a triple bottom with bullish divergence on the daily chart. The puzzle for the rest of 2024 and 2025 is not whether we will have a bull market but where and when the cycle top will occur. It's more of a question of timing, and that’s what I’m focusing on. **March/April 2025 - Possible Top** As you can see, since 2019, the average duration of major Bitcoin rallies has been 147 days. Even the longest rallies of 196 days would reach May 2025. Looking at my time cycles, we also have a hit around March 2025. The USDT dominance chart is currently in a bear flag. A mirror move similar to September 2023 to March 2024 would bring dominance levels down to the November 2021 cycle top, around April 2025. **September 2025 - Possible Top** For those who don’t know, Bitcoin’s last two cycles took exactly the same time from cycle low to top, 1064 days. If we overlay 1064 days from this cycle's low, it puts the cycle top in early October 2025, which is very close to my Fibonacci time date in September 2025. I know there’s a lot on this chart to digest, but just focus on the red and yellow circles. Do you see the pattern? Every other sine wave peak is a cycle top. The next sine wave peak falls between September and December 2025. The Chainlink fractal from last year is still playing out. If it continues, the top is projected for August 11, 2025, again very close to that September 2025 date. KDA is also an interesting chart for me because it’s mirroring the last cycle closely, which again puts the cycle top in September 2025. **Conclusion** USDT dominance is in a bear flag, which is a clue. I’ve been in this position many times before, and USDT dominance has often signaled the way. If this bear flag follows through, it will trigger the first wave of the bull run. **So, March/April 2025 Cycle Top:** - 147-day average Bitcoin rallies - USDT dominance chart mirror move - A time cycle hit **September 2025 Cycle Top:** - Chainlink fractal - KDA fractal - Sine line peaks - 1064 days from cycle low to top If it’s March/April 2025 and we get a PI cycle cross, we’re out, that’s for sure , we most definitely not taking that chance that "this time its different" Euphoria Blindness
BNC:BLX
by Sporia
4
10/14 Bull run if THIS level confirmed as supportOverview: The U.S. observed Columbus Day on Monday, with most businesses closed, but trading activity was still alive and well. The PYTH:SPY closed its fifth consecutive green day, reaching a new all-time high, while the PYTH:QQQ approaches its own record. Due to the holiday, the Federal Reserve didn't release any data, but tomorrow we'll see the Empire State Manufacturing Survey, and by Thursday, we’ll have jobless claims numbers, retail sales, home builder confidence, and business inventory reports. Interestingly, the CME Watch Tool is now showing a 16.4% chance of no rate cut in November, up from just 10% last Friday. This shift may be in response to an overheated equities market. Meanwhile, Monday saw a wave of buying activity in crypto ETFs, with big names like BlackRock, Grayscale, and even Fidelity getting involved. ETH also caught BlackRock’s attention. For a more reliable corporate earnings calendar, try this updated tool: finance.yahoo.com BTC TA: W: Last week, BINANCE:BTCUSDT opened at $62,810 and closed at $62,845, forming a large indecisive doji candle but managing to stay above the Bollinger Band middle line (BB MA). Throughout the week, the price showed lower highs and lower lows until Asian bulls stepped in on Monday morning. While U.S. traders were off for the holiday, Asian traders pushed BTC past its previous high, stopping just short of the crucial $66,550 mark. Keep an eye on $62.7k—it’s a key level on the weekly, 3-month, yearly, and current bull run (since October 2023) point of control. Anything above this level suggests a potential breakout toward $70k, while falling below it could indicate a bearish trend. To confirm, we need to see $62.7k act as solid support. We’ve already had two fake breakouts, so the chances of another are slim, but not impossible. D: Over the last four days, BTC quickly moved from the bottom to the top of its Bollinger Bands. Coinbase reported 13.5k transactions on Monday—a strong volume, but not as high as in January or October 2023, when this bull run began. This suggests that larger institutional players are still waiting on the sidelines, watching closely. Despite the Fed’s rate cut and China’s $25 billion stimulus, global liquidity has been declining for the last 29 days. 4h: The RSI has hit 75, indicating an overbought condition. If you pull a Fibonacci retracement, the 0.618 level aligns with $64 k, which also coincides with previous weekly and daily resistance levels. This also matches the October 7th high, forming a critical level of interest. 1h: On Monday at 11 am Shanghai time, a large green candle kicked off a rally. Ten hours later, New York bulls joined the action, extending the pump. The rally lasted 19 hours, pushing BTC up by 6.23%. Alts Relative to BTC: Altcoins are moving in tandem with BTC, but this rally isn’t as much about alts as it is about Bitcoin. While BTC gained 5%, ETH, SOL, and NEAR only posted gains of 6.x%, and none have reached their previous highs. SUI, APT, and TAO have even corrected slightly after their substantial gains of 100% or more over the last 30-40 days, leaving them room to consolidate. Bull Case: We’re on the verge of exiting the bull flag pattern. Once the global liquidity index starts rising again, markets will likely be flooded with cheap money, fueling risk-on assets like crypto. A bounce off the $62.7k level will confirm it as support, pushing the bullish narrative. Bear Case: If we see a third fake breakout, it could trap all the bulls. Fear and Greed Index: Currently at 56, still in Neutral territory but just 4 points away from Greed. Prediction: The outlook remains bullish, provided we don’t see another fake breakout, and $62.7k can be established as a solid support level.
COINBASE:BTCUSD
by EvgenCapital
Is Solana (SOL) Ready To Continue Next Rally? Since April-2020 low, SOL:Binance made all time high of $267.52 in November-2021 as (I) impulse sequence. Currently, it favors upside in ((3)) of I after correction of (II) ended at $7.96 low in December-2022 low. It needs to break above November-2021 high to confirm the next bullish sequence. Since April-2020 low, it placed I of (I) at $61.44 high, II at $19.04 low, III at $221.38 high, IV at $115.45 low & V at $267.52 high. After that it corrected lower in (II) as dip pullback in double correction at $7.96 low in December-2022. Within (II), it placed w at $75.34 low, x at $143.17 high & y at $7.96 low. Above (II) low, it resumed higher in ((1)) of I, which ended at $210.03 high in March-2024. In ((1)), it placed (1) at $26.78 high, (2) at $12.82 low, (3) at $126.35 high, (4) at $78.87 low & finally (5) at $210.03 high as ((1)). It corrected in ((2)) as zigzag correction, which ended at $109.89 low. Within ((2)), it placed (A) at 118.89 low as 5 swings, (B) at $194.07 high as flat & (C) at $109.89 low as ((2)). The zigzag correction missed the extreme areas before turning higher. Above ((2)) low, it placed (1) at $163.56 high & (2) at $120.40 low. It is choppy at the moment & need to break above (1) high to confirm the next move higher to be (3) to extend towards $174.84 – $208.07 area or higher levels as nest in (3). We like to buy the next pullback in 3, 7 or 11 swings, once it breaks above ((1)) high, confirming bullish sequence. Alternatively, if it breaks below $109.89 low, it can do double in ((2)) correction against December-2022 low before resume the trend.
BINANCE:SOLUSD
by EWFcw
10/11 Can positive earnings season secure BTC Pumpctober?Overview: The AMEX:SPY continues its bullish streak, hitting a new all-time high and marking the fourth consecutive day of gains. But what’s fueling all this excitement? Just a few weeks ago, concerns about World War III and a looming recession were dominating the headlines. Now, it seems like the market is brushing off those fears. Pumping the AMEX:SPY means pushing up the stocks that make up the index, which suggests an improvement in their earnings, particularly net margins. Conveniently, earnings season typically starts in mid-October and runs through late October and early November. This past week, giants like PepsiCo, Delta Air Lines, BlackRock, JPMorgan Chase, and Wells Fargo all reported earnings—and they all beat analysts' expectations. What’s notable about this group is its diversity: from consumer staples like food and beverages to airlines, signaling strong consumer purchasing power, to investment and banking companies, which are more dependent on macroeconomic factors and the Federal Reserve’s decisions. These companies, often beneficiaries of quantitative easing, could be the early indicators of a trend. With such a strong start, we might expect more companies to continue beating estimates, setting the stage for what we’re calling "Pumpctober." In the coming week, we’ll hear from other banking giants like Bank of America, Citigroup, and Goldman Sachs. Healthcare heavyweights like Johnson & Johnson and UnitedHealth Group are also on the docket, along with Netflix. You can find the full list and earnings calendar here: www.ii.co.uk So, let’s sum it up: the market is surging, consumer spending seems robust, and on Friday, Jerome Powell reported higher-than-expected CPI and core CPI. It feels like the economy is running hot, but that also means no immediate need for an interest rate cut. What clouds the picture slightly is a higher-than-expected number of jobless claims—258k compared to the expected 230k, and higher than the previous 225k. If unemployment continues to rise, it could impact company earnings by Q1 and Q2 of 2025. For now, though, we’re all in on Pumpctober, with a 90% chance of an interest rate cut in November, up from 82%. ETF Flow: The big players aren’t buying BINANCE:BTCUSD or BINANCE:ETHUSDT . Retail investors are. BlackRock and Grayscale are still sitting on the sidelines. BTC TA: W: Bitcoin is barely holding onto the Bollinger Band MA and remains below the weekly and daily levels of $64 k. It’s also under the 2024 yearly point of control (Volume Profile indicator) level of $63.2k. However, we noticed that the current price is very close to the closing levels of the last two quarterly candles—June and September both closed at $62.6k. Until it breaks below $61.4k, we can’t call it bearish just yet. D: Thursday’s close below the key $60.5k level appeared to signal a breakout, but BTC quickly retraced, turning that breakdown into a fake-out. If the stock market keeps rallying, some of that liquidity and optimism could spill over into crypto, completing a bullish flag pattern. Saturday is showing some bullish momentum, but we need today’s candle to close above $62.8k to confirm a higher high. 4h: On this time frame, Bitcoin is battling strong resistance at $63k. It’s unlikely we’ll see significant movement on a Saturday, as market makers tend to be less active, but if BTC fails to break out from $63k, it would confirm a bearish trend, and shorting from here could offer a good entry point. 1h: On Friday, we saw 7 consecutive hours of aggressive buying starting at 9 am NYC time, with volume doubling the average and pushing BTC from $61.1k to $63k, a 3.19% jump. Alts Relative to BTC: What was a lower low for BTC was a higher low for ETH, SOL, NEAR, and BNB, which is a bullish sign. However, none of these alts have established a higher high, which cancels out the bullish sentiment. The best move for now is to avoid taking positions until there’s a major breakout with confirmation. Bull Case: We could be on the verge of a trend reversal, breaking the bullish flag pattern. Both the US and Chinese economies are about to be flooded with cheaper money, which could flow into speculative assets like crypto. Bear Case: This is an ideal moment to short BTC if it fails to reclaim resistance and turn it into support. The deadline for confirmation is Sunday evening. Fear and Greed Index: 43, back to Neutral. Prediction: All eyes are on Sunday, 9 pm EST and 6 pm PST, when Asian traders will return to their desks. Expect increased volatility as bulls and bears clash. Mistakes: Both SUI and TAO have continued to pump higher despite lower volumes and volatile price swings of around 15%. If it establishes a higher high, stalls and you short - at least you can trade the range while BTC decides its direction.
COINBASE:BTCUSD
by EvgenCapital
ZEC/USDT 1D Zcash is a chart I like the look of quite a lot on the 1D timeframe. ZEC has outperformed the majority of the altcoin market since it flipped the 1D 200EMA downtrend into an uptrend. The 1D 200EMA has been I a downtrend for 2.5 years since the very beginning of 2022! Since then ZEC has bounded off the moving average once with a large wick and now it has just swept liquidity and reclaimed. Waiting for a confirmation of support with some clear closes above. The local double bottom can be seen using the 0.25 line as support. The next resistance level is the 0.5 range midpoint should the 1D 200EMA close above with strength. It's important to realise that ZEC is still -92% from its $371 ATH, so it has huge room to grow once price has broken the more local range (1.0 level). If the last few months are an indication of the kind of support it has then it's a very good sign IMO. The local range that is
by ProR35
2
Alikze »» SOL | Wave 3 or C scenario - 4H🔍 Technical analysis: Wave 3 or C scenario - 4H - It is moving in an ascending channel in the 4-hour time frame. - It is currently in wave 3 or c, which can continue its growth up to the top of the channel. - A zigzag correction is observed in the corrective microwaves at the bottom of the channel, which has moved a three-wave towards the supply range. - After that, a 5-wave correction has extended to the bottom of the channel in the golden zone. - Wave a has a three-wave cycle and wave b has a five-wave cycle. - Therefore, wave c can extend to the region of the roof of the channel and the red box. 💎 According to the structure, the minimum growth up to the first supply area, the middle range of the channel and after its failure up to the second red box, the ceiling of the channel can continue its growth. ⚠️ In addition, if the region 133.181 is touched, the bullish scenario will be invalidated and should be updated again. ⚠️ »»»«««»»»«««»»»««« 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. »»»«««»»»«««»»»««« KUCOIN:SOLUSDT
Long
by alikze
10/9 Good news and bad news...Overview: Which would you prefer to hear first? Let’s start with the good news: the AMEX:SPY has updated its all-time high. If you have a 401k or any other pension fund, you’re likely seeing gains. Also, it's hard to argue that a recession is looming when the stock market is booming. Now for the bad news: crypto is down. Normally, this wouldn’t be alarming, as all markets fluctuate. But it's concerning when we see a divergence between the stock market and crypto. Even riskier tech stocks, like those in the NASDAQ:QQQ index, climbed 0.79%. If traders are eager to buy equities, why not crypto, or at least BINANCE:BTCUSD ? Tomorrow, all eyes will be on Jerome Powell as he delivers the CPI and Core CPI data along with initial jobless claims. Given that recent job reports nearly doubled expectations, we predict fewer jobless claims. The question is: will positive macroeconomic data help? On one hand, it means people have money to spend, which could benefit crypto. On the other hand, it could reduce the chances of aggressive rate cuts, keeping liquidity constrained, and preventing speculative assets from soaring. BlackRock continues dollar-cost averaging into Bitcoin but hasn’t touched its ETH ETF. When did ETH become so hated? CME fedwatch tool shows an increase in the probability of no rate cut in November, up to 17.2%, while the chances of a one-base-point cut sit at 82.2%. BTC TA: W: BTC needs to close above $61.4k to keep bulls in the game. Unfortunately, after today's drop, BTC fell below this crucial level, breaking the bullish structure it had been building since September 7th. Another important level is $62.7k, the point of control for the entire 2024 bull run, which was rejected yesterday. This week is shaping up to print another red candle, following the previous week. D: While the weekly levels are invalidated, the daily levels still offer hope. BTC bounced from the $60.6k support level, and we haven’t seen four consecutive red days since August. If tomorrow's CPI data hints at a bullish sentiment, we might see a small rally back to $62.1k. 4h: Price is currently closer to the lowest Bollinger Band, indicating it needs to catch up with its moving average. 1h: BTC has reached the Bollinger Bands' moving average, but for a stronger recovery, it needs to break beyond this level on the 4h chart to confirm a bounce. Alts Relative to BTC: TAO, SUI, and APT have reached higher highs, but with lower volumes, suggesting that the bullish trend is losing steam. These gains were likely driven by retail investors, FOMOing into the rally. Meanwhile, FTM is showing bearish MACD divergence on the 4-hour chart and was rejected at its weekly resistance of $0.69. Bull Case: At $60k, BTC is relatively cheap, considering how much adoption and recognition crypto has gained in 2024. Since we didn’t experience a massive sell-off in September and have held up into October, this might be your last chance to buy BTC at a sub-$100k price. Additionally, we’re in the Fear territory on the Fear and Greed Index, which historically offers an 83% chance of profitability if bought during this phase. Bear Case: From a technical perspective, things look bearish. Many key support levels have been invalidated, and the likelihood of the Fed not cutting rates in November continues to rise. Fear and Greed Index: 37 (Fear). Prediction: BTC may rebound to $62.1k before resuming its decline. Expect TAO, SUI, and APT to follow BTC's movements, with a potential drop back to pre-BTC ETF levels, which could see declines of 55-60%. Opportunities: Short TAO, SUI, APT, FTM.
COINBASE:BTCUSDShort
by EvgenCapital
SOL forecasts SOL/USD Technical Analysis 🌐💹 1. Key Resistance Levels: - $260: A major resistance zone. The price has struggled at this level before, and it may act as a significant barrier again in the near future. 🚧 - $290: The next potential resistance target after breaking through $260. If SOL breaks above $260, this level could serve as the next upward target. 🎯 - $220: An intermediate resistance level between $122 and $260. This could be the first major hurdle for any upward movement. 📈 2. Key Support Levels: - $122: A strong support area that has held up well in previous price movements. If SOL faces downward pressure, this could be a key level to watch. 🛡️ - $77.81: Another crucial support zone that could prevent further declines if the price drops below $122. 🔑 - $27.06: The final strong support zone; this level is critical as the last defense before a potential significant drop. 📉 3. Potential Scenarios: - Bullish Case: If the price breaks through the $220 resistance, a move toward $260 and then potentially $290 could follow. A strong breakout above $290 would signal a major uptrend. 🚀 - Bearish Case: If the price fails to hold above $122, SOL could drop toward $77.81, with the $27.06 level acting as a crucial floor if bearish momentum continues. 🔻 Overall, the price is currently consolidating around $140.68, and traders should watch for breakouts or breakdowns from these key levels to determine the next major move.
COINBASE:SOLUSD
by ahmadarz
2
10/8 Market Tensions as S&P500 Wobbles Ahead of CPI, BTC Holds.Overview: The AMEX:SPY is hovering around its all-time highs, showing limited movement as investors await Thursday’s CPI report. Anticipation is building, but it seems the U.S. market may not make any significant moves until inflation data provides clearer direction. BTC TA: W: When examining the volume profile of this year's entire bull phase, the point of control—where the most trading volume occurred—stands at $63 K. This explains why BINANCE:BTCUSDT might consolidate at the current price range for longer than expected. Despite a second false breakout attempt, Bitcoin remains trapped between the crucial monthly support level of $61.4K and resistance at $64 K. On one hand, geopolitical tensions are escalating in the Middle East, while on the other, China's government has announced a $28 billion investment package. The SSE Composite Index surged 30%, though it recently corrected by 11% over the last two days. Notably, some of the significant green candles can be attributed to Asian market open times. D: The daily chart paints a clear picture of the price struggling to escape bearish pressure. It’s hovering just below the Bollinger Bands’ moving average. Monday presented a bearish hammer, and Tuesday ended with an indecisive doji. 4h: No divergences are evident on the MACD or CVD. The RSI sits around 45, indicating balanced buying and selling pressure. 1h: Price is oscillating around the $62.2K point of control level without any strong signals for bullish or bearish momentum. Alts relative to BTC: Major altcoins are moving in line with Bitcoin, with little divergence. However, SUI and TAO, after their impressive runs to all-time highs, have begun to correct. Bull case: If Trump is re-elected, accompanied by more interest rate cuts, this could boost the bullish narrative. The bull flag on the weekly chart is becoming more apparent and, if it breaks out, could signal a further upward trend. The formation of a reverse head and shoulders at the beginning of July, August, and September also supports a bullish outlook. Bear case: However, bears point out that we’re still in a pattern of lower highs and lower lows. The double fake bull breakouts in recent upticks further signal caution. The market lacks new narratives, and regulatory crackdowns continue. Major CEXs now require strict KYC compliance, cutting off trading access for users in China, the UK, the U.S., and other key markets. While VPNs offer a workaround, the risks of locked accounts on exchanges registered in jurisdictions like the Cayman Islands add significant risk for traders. Fear and Greed Index: 41.71 - Neutral.
COINBASE:BTCUSD
by EvgenCapital
SOL - a week in the Sun ? or is Rain on the way SOL is starting off the week 20% lower, we've had a price retraction and profits have been taken, liquidity has been swallowed up, the weekend is over and its time for the market to resume "Marketing" . Sol is already breaking out and we will have to watch , but we area long as of Sunday at 141-143 We were looking for our target of the 150 level to take profit, and as the week continues I plan to trade SOL daily with some positions So I will be watching It and trying to keep the Days action organized.
Long
by dasBoot
1
10/7 Can BTC hold bullish trend or was it a fake break out?Overview : The AMEX:SPY posted a decisive red candle today, with a strong bearish body. It’s rare to see appreciating equities while global liquidity has been declining for 21 consecutive days. The index is now trading at the lower end of the range established after the rate cut. The main sectors pulling it down include big tech (with the exception of beloved NVDA, which rose 2.24%), as well as utilities, insurance, and finance. On the other hand, oil, gas, and healthcare showed gains. Since Friday, the number of traders expecting no rate cut in November has quadrupled from 2.6% to 13.7%. This reflects market uncertainty: while no rate cut means continued tight credit conditions and less liquidity, it also signals the Fed’s confidence in a strong job market and rising salaries. The question remains, which factor will weigh heavier on speculative assets like crypto? Less liquidity suggests a bearish outlook, but a stronger job market could be bullish. This week could be pivotal for crypto. The question is whether BINANCE:BTCUSDT will hold above the 61.5k support level or break down, ending the fifth wave of this year’s crypto bull run. BTC TA : Weekly : After bullish momentum yesterday and earlier today, Bitcoin has since corrected. It’s now sitting at the BB MA and has moved away from the biggest volume node, leaving the point of control (POC). The 61.3k - 62.6k range isn't seeing much volume, and BTC will either hold above this or break through, which would be critical. Daily : Bitcoin retested the MM BA resistance after falling beneath it. Monday ended with a bearish hammer, signaling caution. No major divergences were spotted on key indicators. Last week on Friday we wrote "Daily had a nice pull back after dumping from bull trap. Given the last 16 days of trading, upper resistance is at $63.3 k. It will need a real miracle to brake that level." The promised pull back played out. Price actually rose to 64.4k. But miracle of braking it didn't happen. 4-Hour : No divergences, and the trend seems uncertain. 1-Hour : Over the weekend, Asian bulls pushed BTC upwards, triggering short liquidations that drove prices up to 63.9k. However, the upward movement was halted at the significant weekly resistance of $64 k. A pullback followed. Early Monday, U.S. bulls retested the $64 k level again, pushing prices as high as 64.4k. This retrace fell within the Fibonacci golden pocket, specifically between the 0.618 and 0.786 levels when measured from the high on September 27th. Alts Relative to BTC: NEAR, APT, TAO, FTM, and SUI are outpacing BTC and other altcoins as Monday progressed. ETH and SOL, however, remain closely aligned with BTC’s movements. Bull Case : Since early September, we’ve seen the beginnings of a new bull run, which could be fueled by potential rate cuts and improving macroeconomic conditions. A breakout from the bullish flag consolidation pattern forming on the weekly chart could lead to significant upside. Bear Case: The fifth wave may already be over, and we could be headed downward, marking the end of this year’s bull run. Fear and Greed Index : 41.49, indicating a neutral sentiment. This week holds the key for BTC's next move. Will it hold support or break down? Stay tuned.
COINBASE:BTCUSD
by EvgenCapital
Is SOLUSDT About to Break Down?Yello Paradisers! 🔥 Is SOLUSDT on the verge of a major bearish move? Let’s break it down! 👀 💎SOLUSDT has flashed a Change of Character (CHoCH), hinting at a shift toward a bearish market structure. The current setup is starting to resemble a Head and Shoulders pattern, a classic signal of an impending downtrend. 💎Additionally, after the CHoCH, we saw a Bearish Engulfing pattern forming right on the resistance zone, further strengthening the bearish case. However, a supportive trendline below could provide temporary relief, so caution is essential! 💎If the price rises from the current level, a pullback from the strong resistance zone may be in play. If an Internal CHoCH (I-CHoCH) appears from this resistance area, it will reinforce the bearish potential and signal a continuation of the downtrend. 💎That said, any breakout and candle close above the strong resistance zone will invalidate this entire bearish outlook. Stay patient and trade with discipline, Paradisers. The market is at a crossroads—let the charts confirm the move before jumping in. This is where strategic planning separates consistent traders from the rest. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
SOLUSDT - Long Trade IdeaThis seems like a nice long opportunity on SOLUSDT perpetual contract pair. The trade will be within the range of price moving from a weekly BISI to a weekly SIBI coupled with relative equal high liquidity. I am anticipating a daily retracement lower, although it may not go as low as my entry. Either way, I am more interested in the trade idea panning out, and can always look for a refined entry if price is indicating that it is not coming to my entry. SL below the last expansion low that reached into nested weekly PD Arrays. - R2F
Long
by Road_2_Funded
4
The possibility of forming a selling position for SolanaAs shown in the 4-hour chart, after a sharp downward movement near the main daily support, the price has created an upward movement, which in fact created liquidity to take further liquidity. Currently, due to reaching the range of the daily key level and the 4-hour breaker block that I have specified, as well as the weakness of the trend that can be seen in reaching the resistance, I expect a rejection and a selling position from this area.
Short
by MrHunterTradeInsight
10/4 Nice rebound. Can we crash now? Overview: The AMEX:SPY opened Friday significantly higher than Thursday’s close, forming a bullish hammer candle and edging closer to its all-time high. This week closed higher than the previous week, though the previous week did see higher prices. The NASDAQ:QQQ mirrored the S&P’s action, showing similar price movement. BlackRock continues dollar-cost averaging into its ETH ETF, while other major players remain on the sidelines. One critical trend to monitor: Bitcoin has historically struggled to hit new all-time highs or maintain upward momentum when the Global Liquidity Index is in decline. Unfortunately, the index has been falling for the past 19 days. You can learn more about Global Liquidity Index and add it to your chart: The CME Fed Watch Tool has now removed the possibility of a half-percentage point rate cut in November, replacing it with a chance of no rate cut at all. Currently, 2.6% of traders believe there will be no rate cut in November, while 97.4% expect a 1 basis point cut. Even with a rate cut, it will take time for liquidity to flow back into markets. By the time that happens, Bitcoin may hit its bottom for this cycle, signaling the start of a new bullish phase. Be sure to have cash ready for that opportunity. BTC Technical Analysis: W: BTC’s price is nearing the Bollinger Band Moving Average (BB MA) at $62.6k. If Sunday’s price rises by $456, it would close at or above that level, offering temporary hope to bulls. However, a more critical level to watch is the previous weekly close at $64.1k. D : After a significant pullback from the bull trap, daily resistance is set at $63.3k. Breaking that level will require significant momentum. 4h & 1h: No clear signals on these timeframes. In a limbo. Altcoins Relative to BTC: APT and TAO have remained stable over the last 5 days, showing no significant declines after BTC’s bull trap. Shorting opportunities might arise soon. Bull Case: Looking at the past 28 days, we see a clear bullish trend with higher highs and higher lows. As liquidity eventually enters the market, more capital could flow into crypto, pushing prices higher. Bear Case: On a broader scale, since the start of the year, the market is still showing lower highs and lower lows, suggesting bearish risks are still present. Fear and Greed Index: 40.78 – Back to neutral.
COINBASE:BTCUSDShort
by EvgenCapital
BULL and BEAR targets for EOY and October (SOL)Hello Tradingview community! As always: If these patterns I'm showcasing doesn't work as predicted.. then please don't come crying to me (ty) -> NFA DYOR I have made the chart super simple to understand as you can see We got an October target: 160ish zone (resistance) and we got a bear and bull target for EOY Bull EOY target: 200-250 (I find this the most likely) Bear EOY target 100-110 (I don't find it likely, but i do consider it) EDIT: in previous post I've stated if Bitcoin does "crash hard" to new lows I could see SOL hitting even 80 dollars (i still find it unlikely) Of course these are just ideas.. What do you think will happen EOY for COINBASE:SOLUSD ? I'm more "bullish" than bearish clearly, but I do always keep those bearish targets in mind. BOOST the post if you like what you see and Follow for even more post about SOL in the near future! NFA DYOR <<<-----
Long
by RandomTAdude
10/3 Bye Bye cryptoOverview: Unemployment dropped to 4.1%, slightly lower than the expected 4.2%. September’s jobs report revealed a 254k increase in hiring, well above the forecasted 150k. This means there's now a reduced chance of a double basis point rate cut in November, which is bad news for risk-on assets like crypto. The CME tool now shows a 92.5% chance for a single basis point rate cut, up from 47% just a week ago. Next week, CPI and PPI reports will be released, which will be crucial for gauging inflation. Meanwhile, BlackRock continues its dollar-cost averaging into both BTC and ETH ETFs, while others are either selling or staying on the sidelines. Fun fact: at 8:30 a.m. Eastern, an interesting event occurred. Someone placed a market buy order for BTC, causing a 0.38% price spike. The volume for that minute was 196 Bitcoin, worth around $12 million at a price of $61.5k. Since the candle was green, it suggests more than 50% of that volume was buying pressure. Did someone purchase $7 million worth of Bitcoin? While that large order initially triggered a brief buying spree, just an hour later, the price began to dump. This shows either whales aren't fully in control of the market, or $7 million isn't enough to sway it for long. BTC TA: W: BTC remains steady at the same weekly level, with no significant movement. D: Similarly, daily price levels remain stagnant. 4h: MACD and RSI continue to climb from the bottom, indicating potential for further bullish movement. However, the overall market sentiment, driven by geopolitical and economic news, may hamper this upward trajectory. 1h: BTC has seemingly found support between $61.9k and $60.1k. However, the chances of an upward breakout appear slim given the macroeconomic conditions. Altcoins Relative to BTC: Yesterday, we suggested shorting SUI, which proceeded to collapse 13%. Bull Case: BTC bounces off its current support level and recovers to $63k. Bear Case: Economic data may reveal that inflation is here to stay, and the Fed won't cut rates as quickly as the market hoped. Even when the rate cut comes, it could take months for the economy to adjust. Additionally, the Global Liquidity Index continues to decline despite rate cuts from both the U.S. and China. Fear and Greed Index: 36.11 – Fear. When this indicator moves into fear territory, we often recommend buying blue-chip altcoins, even for short-term traders. It's wise to keep a separate long-term investment account. Remember the saying: Be greedy when others are fearful. Prediction: BTC and the broader crypto market may continue to decline.
COINBASE:BTCUSDShort
by EvgenCapital