SOLUSDT TM : 1hHello traders.
I hope you doing well.
These areas are based on my personal strategy and I will share it with you.
Open a sell position on the supply area or open a buy position on the demand area.
Your entry point, stop loss, and target point are based on money management and the amount of money in your trading account.
But I promise you that by trading in the areas of my trading strategy, you will definitely make a profit, because these areas, although they seem simple, are my experience of 8 years of learning and trading.
I hope you will achieve maximum continuous profit with me by using supply and demand areas.
Good luck traders.
Mohammad Goodarzi
Solusdtlong
Bullish Continuation Pattern Signals Over 20% Upside Potential?Hi Realistic Traders, let's delve into the technical analysis of BINANCE:SOLUSDT
On the Daily timeframe, the price has ascended above the EMA200 line, signifying a robust bullish trend. Recently, it has formed a bullish chart pattern (symmetrical triangle) and breached the upper trendline. Such a breakout typically indicates the continuation of a bullish trend. Furthermore, the MACD histogram transitioned from the negative zone to the positive zone, further endorsing the potential upward movement toward our first target at 185.72. Subsequently, the price may revisit the pullback zone before establishing a new high and achieving the second target at 227.21.
It is essential to note that the analysis will no longer hold validity once the target/support area is reached.
Disclaimer:
"Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on SOLUSDT."
Please support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below
Solana (SOL): Will it Rebound Back to $170 or Slip Down to $150?With the resurgence of memecoin mania, Solana also received significant momentum. The bulls used all their strength to keep the value above $180 but the growing bearish strength caused a notable pullback. As a result, the SOL price is consolidating strongly within a narrow range of $163 to $172, indicating the possibility of a large move ahead.
While the crypto markets have been outpowered by the bears, can the SOL price initiate a fresh upswing to nullify the selling pressure?
Ever since the start of the rally in March, the SOL price has demonstrated its strength by marking highs above $200 a couple of times. However, a rejection followed, causing a 40% loss in value. Regardless of this, the current trade set-up suggests the bulls to be holding a tight grip over the rally and hence demonstrate a higher possibility of reclaiming $180 in the first few days of June.
As suggested in the above chart, the SOL price continues its trade within a symmetrical triangle and is currently holding above the local support zone between $155 and $160. The tight accumulation has occurred due to the equal participation of the bulls and bears and hence this suggests a huge price action could be on the horizon.
Besides, the technicals suggest a notable change in the trend as the Gaussian channel just turned green, indicating the beginning of an upswing. Moreover, the price is closely ranging just below the upper bands of the channel and if they manage to break above the levels, a fresh upswing may begin. Secondly, the stochastic RSI has also reached below the lower threshold and could be preparing for a rebound, substantiating the bullish claim.
Therefore, Solana’s (SOL) price continues to remain within bullish influence and hence a bullish breakout above $175 may be expected at the beginning of the second half of 2024.
WHITEBIT:SOLUSDT
ICT Long setup SOLUSDT👋Hello Traders,
Our 🖥️ AI system detected that there is an ICT Long setup in SOLUSDT for scalping.
Please refer to the details Stop loss, FVG(Buy Zone),open for take profit.
For more ideas, you are welcome to visit our profile in tradingview.
Have a good day!
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Solana - Why You NEED THIS Indicator📢COINBASE:SOLUSD
SOL is flashing some bullish signs on the indicator and it seems that we're gearing up for another move towards the upside. This is the indicator that I used to call the new BTC bullish cycle in November last year, as seen below:
In 3 short minutes, we'll discuss the functionality of this technical indicator and why it's really helpful when monitoring the market.
Make sure you don't miss my most recent update on BTC, and why I say another ATH is imminent:
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$SOL Long - King-Maker this CycleIf you have been following me, you know I have been tracking CRYPTOCAP:SOL since $8
CRYPTOCAP:SOL does everything CRYPTOCAP:ETH does, except at instantaneous speed and 0 transaction fees ( CRYPTOCAP:ETH takes 10 seconds+ and costs $10+ each transaction).
I have been following this CRYPTOCAP:ETH fractal since $8 on CRYPTOCAP:SOL (see prior posts).
We are in a clear up-trend.
Up-Trends are your FRIEND in bull markets.
Do not make this more difficult than it needs to be.
CRYPTOCAP:SOL is going SO much higher.
NFA GL HF.
-@CryptoCurb
Should You Long SOL on Solana ETF Rumors? A Deep DiveCNBC's Brian Kelly, a crypto investor and "Fast Money" trader, recently ignited a debate by suggesting Solana (SOL) could be the next cryptocurrency to get a spot exchange-traded fund (ETF) in the US. While this news might sound bullish for SOL, the decision to "go long" – meaning buying and holding for a price increase – requires careful consideration. Here's a breakdown of the factors to weigh before diving into SOL based on ETF speculation.
Potential Benefits of a Solana ETF
• Increased Accessibility: An ETF streamlines the process of investing in SOL. Unlike buying directly on crypto exchanges, which can be intimidating for new investors, an ETF would trade on traditional stock exchanges. This could attract a wider audience and potentially drive up demand for SOL.
• Enhanced Liquidity: ETFs generally trade with higher daily volume compared to individual cryptocurrencies on exchanges. This increased liquidity could benefit SOL by making it easier to buy and sell without significant price fluctuations.
• Boosted Credibility: SEC approval of a SOL ETF would provide a significant stamp of legitimacy for the project. This could attract institutional investors who are often hesitant to enter the unregulated crypto market. A potential influx of institutional money could significantly boost SOL's price.
However, Don't Get Carried Away Yet
• Uncertain Approval Timeline: While Kelly's prediction sparked a conversation, it's important to remember it's just speculation. The SEC has not officially confirmed plans for a Solana ETF, and the approval process could take months or even years.
• Regulatory Hurdles: Just like with Ethereum ETFs, the SEC might raise concerns about potential market manipulation or the underlying technology of Solana. These hurdles could delay or even derail the approval process.
• ETF Structure Matters: The devil is in the details. Not all ETFs are created equal. Some might hold actual SOL, while others might use derivative contracts. The specific structure of the proposed ETF will significantly impact your investment exposure.
Alternatives to Consider
• Direct SOL Purchase: If you're confident in Solana's long-term potential, buying SOL directly on a crypto exchange could be a viable option. However, ensure you understand the risks associated with managing your own crypto wallet.
• Diversified Crypto Funds: Several investment funds offer exposure to a basket of cryptocurrencies, including Solana. This might be a good option for investors seeking broader diversification within the crypto market.
Ultimately, the decision to "go long" SOL should be based on your individual investment goals, risk tolerance, and thorough research. Don't base your investment solely on ETF speculation. Analyze Solana's fundamentals, track its development roadmap, and stay updated on regulatory developments.
Here are some additional factors to consider:
• Solana's Recent Performance: While SOL has experienced significant growth in the past, its price can be volatile. Analyze its historical performance and understand the risks involved.
• Competition within the Smart Contract Space: Solana faces stiff competition from established players like Ethereum and emerging projects. Research how Solana is differentiating itself and its long-term competitive advantage.
• Your Investment Horizon: Are you looking for a short-term trade or a long-term investment? ETFs might be more suitable for a long-term approach, while direct crypto purchases could offer more flexibility for short-term trading (but with higher risk).
Remember, investing in any cryptocurrency is inherently risky. Conduct your own due diligence and never invest more than you can afford to lose.
#SOL/USDT#SOL
We have a bearish channel pattern on a 4-hour frame, the price moves within it, adheres to its limits well, and is expected to break it upwards in a strong manner.
We have a green support area at 120.00
We have a tendency to stabilize above moving average 100
We have a downtrend on the RSI indicator that supports the price higher
Entry price is 145.00
The first goal is 170.00
The second goal is 194.00
the third goal is 216.00
SOL Solana Invest Or Trade - Technical Analysis and Trade IdeaIn this video we cover two SOL (Solana) options, an entry point if you are looking to dollar cost average in as an investor, and a scalping and or intraday trade idea if you are looking to trade this. As always the video covers my trade entry points my opinion in terms of the trend, market structure and price action, and as always this information is educational in nature and not to be construed as financial advice.
Solana (SOL) Breakout Signals Major Upside PotentialSolana (SOL) has emerged as a formidable player in the cryptocurrency space, boasting superior transaction speed, low fees, and remarkable scalability. These attributes position Solana as a leading candidate for substantial growth, setting it apart from other similar coins.
Technical Analysis:
The daily chart of Solana reveals a significant bullish development. On May 15, 2024, Solana experienced a breakout from a consolidation box, a move confirmed by the FCT (Box Breakout) indicator. This breakout is a robust signal of increased buying pressure and potential for further gains. Additionally, Solana is trading comfortably above both the 24-day and 150-day moving averages, underscoring the prevailing bullish trend.
Key Technical Indicators:
Breakout Date: May 15, 2024
Indicators Used: FCT (Box Breakout), 24-day Moving Average, 150-day Moving Average
Current Price Level: Above 24-day and 150-day moving averages
Trend: Strong bullish momentum
Price Target:
Given the current technical setup and market sentiment, we anticipate Solana's price to reach the $250 to $275 range per coin in the near term. This target is derived from the measured move of the breakout and the strong underlying fundamentals supporting Solana.
Investment Thesis:
Transaction Speed and Scalability: Solana can process up to 65,000 transactions per second (TPS), far exceeding the capabilities of many other blockchain platforms, including Ethereum. This speed, coupled with low transaction fees, makes Solana an attractive option for developers and users alike.
Innovative Technology: Solana’s unique Proof of History (PoH) mechanism, which works in conjunction with Proof of Stake (PoS), enhances its scalability and efficiency. This technological edge provides a strong foundation for long-term growth.
Ecosystem Growth: Solana’s ecosystem is rapidly expanding, with an increasing number of decentralized applications (dApps) and projects being built on its platform. This growth fosters network effects and adds intrinsic value to the SOL token.
Institutional Interest: Solana has been attracting significant institutional interest, further validating its potential and providing additional liquidity and stability to the market.
Recent Developments:
Breakout Confirmation: The breakout from the consolidation box on May 15, 2024, marks a critical turning point. The FCT indicator's confirmation adds credibility to this move, suggesting sustained upward momentum.
Moving Averages: Trading above the 24-day and 150-day moving averages highlights strong buying interest and investor confidence in Solana’s long-term prospects.
Price Projections and Risk Management:
Short-Term Target: $250 - $275 per coin
Support Levels: Initial support around $180 (previous resistance turned support)
Risk Management: Investors should consider placing stop-loss orders below the $180 support level to manage potential downside risk.
Chart Analysis:
The chart illustrates Solana’s breakout and current trading levels above key moving averages. The annotated chart also highlights the consolidation box and the breakout point, providing a visual representation of the bullish setup.
Conclusion:
Solana’s combination of innovative technology, rapid ecosystem growth, and strong technical indicators make it a compelling investment opportunity. The recent bullish breakout and sustained trend above critical moving averages point to further upside potential. Investors looking to capitalize on this opportunity should consider Solana for their portfolios, targeting the $250 to $275 range per coin.
Stay tuned for further updates and happy trading!
Disclaimer:
This analysis is for informational purposes only and does not constitute financial advice. Always conduct your own research and consider your risk tolerance before making investment decisions.
Sol bullish buy setup ideaSol is very strong as always and in bullish trend overall. That's why I will look for long oppertunities. As we can a clearly on chart a B O S in bullish side. So we will look for order block with fvg and also having sell side liquidity build up. And we got that around 175$ area which is my POI for long position.
SOLUSDT Potentially BullishBINANCE:SOLUSDT has done better than I anticipated from the $22 entry and it looks like it is giving another entry setup. Will this move take us back to the $211 mark and go beyond? This remains to be seen as the new found support holds.
Past Results does not guarantee future results, do your due diligence. #SOLUSDT
SOL : go to big price📊Analysis by AhmadArz:
🔍Entry: 165.66 - 159.85
🛑Stop Loss: 153.05
🎯Take Profit: 173.94 - 184.54 - 194.83 - 203.74
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
SOLUSDT | Long H4 | Buy Limit | Technical Confluences for Trade:
- Stochastics are in Overbought Conditions on D1, H4 & H1 time-frame to activate our trade idea
- Entry level will be a Demand Zone for Solana
- Price action is in a consolidation zone
- Targeting the 61.8% Fibo retracement after trade is activated
Suggested Trade:
Buy Limit @ 123.15
SL @ 110.24
TP 1 @ 143.74 (Close Half-Position & move SL to Entry level once TP1 is achieved)
TP 2 @ 169.42
Risk-to-Reward @ Approx. 3.26 (Depending on Entry Level)
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If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies.
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Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks.
Any websites / brokers / applications suggested here are also provided as informational purpose only.
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SOLUSDT Anticipated Return to Previous All-Time Highs Imminent!!After a sustained period of growth followed by a healthy retracement,SOLUSDT is gearing up for a significant upward movement. Market indicators suggest that the cryptocurrency has undergone a necessary correction, setting the stage for a resurgence towards its previous all-time highs. With investor sentiment buoyant and technical analyses signaling bullish momentum, SOLUSDT appears poised to reclaim its former glory and potentially surpass previous ATH levels.
SOLUSDT (1D Chart) Technical analysis
SOLUSDT (1D Chart) Currently trading at $137
Buy level: Above $132
Stop loss: Below $105
TP1: $150
TP2: $175
TP3: $210
TP4: $260
Max Leverage 2x
Always keep Stop loss
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Solana Surges in Profitability, Outpacing Ethereum for the FirstIn a significant development for the cryptocurrency landscape, Solana (SOL) has emerged as a more economically profitable blockchain than Ethereum (ETH) for the first time ever. This news comes amidst a strong year for SOL, which has significantly outperformed Ethereum in terms of price gains as well.
Solana's Profitability Milestone
On-chain analyst Leon Waidmann reported this milestone, highlighting a chart that depicts the total economic value (TEV) of both Solana and Ethereum over a specific period. TEV considers transaction fees and Maximum Extractable Value (MEV) to determine the overall economic profitability of a blockchain. This suggests that Solana's network activity is currently generating more economic value for its validators compared to Ethereum.
This newfound profitability is likely due to Solana's key advantage: its blazing-fast transaction speeds and significantly lower fees compared to Ethereum. These factors have attracted a surge in user activity on the Solana blockchain, leading to a rise in transaction fees and MEV.
Ethereum's Challenges
Ethereum, the dominant smart contract platform, has been plagued by scalability issues for some time. The network often experiences congestion, resulting in high gas fees that can deter users and developers. While Ethereum is undergoing upgrades to address these issues, the process is ongoing.
Solana's Price Performance
Solana's economic momentum translates well to its price performance in 2024. SOL has significantly outpaced Ethereum in terms of returns year-to-date. As of May 20, 2024, Ethereum has delivered a respectable 31.5% return for investors. However, Solana has surged by an impressive 61.5%, currently trading comfortably above the $160 support level.
This price surge reflects growing investor confidence in Solana's potential. The faster transaction speeds and lower fees make Solana a more attractive platform for developers to build decentralized applications (dApps) upon. Additionally, the increasing adoption of DeFi (decentralized finance) protocols on Solana further fuels its growth.
Looking Ahead
Solana's newfound profitability and strong price performance mark a significant development in the ongoing competition within the blockchain space. While Ethereum remains the industry leader in terms of market capitalization and established dApps, Solana poses a serious challenge with its superior scalability and lower costs.
The coming months will be crucial in determining the long-term trajectory of both platforms. Ethereum's success hinges on the successful implementation of its planned upgrades. Conversely, Solana will need to maintain its network stability and attract a wider range of high-quality dApps to solidify its position.
Investor Considerations
The recent developments highlight the importance of considering both economic factors and price performance when evaluating cryptocurrencies. While Ethereum boasts a larger ecosystem, Solana's recent surge in profitability suggests it could be a more lucrative investment for validators.
Investors with a long-term perspective should consider the potential of each platform to overcome its current challenges. Ethereum's established network may prove more resilient in the long run, while Solana's faster and cheaper transactions could attract a broader user base. Ultimately, diversification across these leading blockchains might be a prudent strategy for investors seeking exposure to the ever-evolving cryptocurrency landscape.
SOLUSDT / SOLANA USD SPOT Money Heist PlanMy Dear Robbers / Traders,
This is our master plan to Heist SOLUSDT based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Red Zone that is High risk Dangerous level market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan,
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level, Once it is cleared we can continue our heist plan to next new target.
support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
SOLUSDT / SOLANA USD SPOT Money Heist Plan My Dear Robbers / Traders,
This is our master plan to Heist SOLUSDT based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Red Zone that is High risk Dangerous level market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan,
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level, Once it is cleared we can continue our heist plan to next new target.
support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
Solana Surges: Can It Break Past $204 Resistance?Solana (SOL) has defied the recent crypto market slump, surging nearly 15% and reclaiming the crucial $150 resistance level. This positive momentum has analysts excited about the possibility of further gains, with $204 emerging as the next key hurdle to overcome.
Breaking Through Resistance
The recent SOL price increase follows a period of consolidation. After finding support around $138, Solana staged a breakout above the $150 resistance level. This bullish signal is further bolstered by the price now trading above the 100-hourly simple moving average, an indicator often used to gauge short-term momentum.
Technical Analysis Paints a Bullish Picture
Technical indicators on the hourly chart add weight to the bullish sentiment. The SOL/USD pair successfully breached a key bearish trend line with resistance at $148. This breakout suggests a shift in market control from sellers to buyers. Analysts believe that if SOL can maintain its position above $158, a clear path towards the $165 resistance zone opens up.
Recent Developments Fueling Optimism
Several recent developments are likely contributing to Solana's positive price movement. The highly anticipated launch of staking on Robinhood, a popular trading platform, has undoubtedly boosted investor confidence in SOL. Staking allows users to earn rewards for holding their crypto assets, making SOL a more attractive investment option.
Furthermore, Solana's continued focus on innovation with the introduction of its new Liquidity Layer is another factor generating excitement. This layer aims to improve decentralized exchange (DEX) functionality on the Solana blockchain, potentially attracting more users and developers to the platform.
Challenges on the Horizon
Despite the current bullish outlook, some analysts remain cautious. Overcoming the $165 resistance level will be a significant test for SOL. If the price fails to hold above $158 and falls back below $150, it could indicate a potential reversal in the uptrend.
Moreover, the broader cryptocurrency market remains volatile. A significant downturn in Bitcoin (BTC) or Ethereum (ETH), the leading cryptocurrencies, could trigger a sell-off in SOL, even if its own fundamentals remain strong.
Looking Ahead
Solana's recent surge is a welcome sign for investors who believe in the project's long-term potential. The successful break above $150 and the positive technical indicators suggest that the momentum is currently with the bulls. However, the $204 resistance level presents a significant challenge.
Close attention should be paid to whether SOL can maintain its gains above $158 and how the broader cryptocurrency market performs. If these factors align, there's a good chance Solana could continue its upward trajectory and establish a new price floor above the current resistance level.
Disclaimer: This article is for informational purposes only and should not be considered financial advice. Please consult with a financial professional before making any investment decisions.