SOL Breaks Out: Bullish Momentum Building SOL has been consolidating within a channel but has successfully broken out, signaling potential bullish momentum and the likelihood of further upward movement.
SOLUSDT trade ideas
SOLUSDT.1DAnalyzing the SOL/USDT pair on the daily timeframe reveals key trends and potential trading opportunities within the structure of technical indicators and price action. This analysis will detail pivotal levels and interpret the broader market sentiment.
Price Action and Structure:
SOL/USDT has experienced significant volatility, shown by its price peaks and troughs over the extended period. Recently, it has rebounded from the support at $153.26 (S1) and is now testing the resistance at $261.32 (R1). This price movement has formed a clear uptrend since the last major low, suggesting a bullish sentiment.
Resistance and Support Levels:
Resistance Levels: The immediate resistance level at $261.32 (R1) is crucial. A break above this could push prices towards the all-time high of $264.39. Consistent momentum may allow an attempt to break this historical resistance.
Support Levels: The first major support lies at $202.28 (S1), followed by a stronger baseline support at $153.26 (S2), which historically has been a turning point for price reversals.
Moving Averages:
The upward trend line drawn from recent lows acts as dynamic support, showing a continuous bullish trend. This support line is instrumental in maintaining the current uptrend.
Technical Indicators:
MACD: The MACD is currently above the signal line but shows a convergence that may indicate a potential slowdown or reversal in upward momentum if it crosses below the signal line.
RSI: With an RSI reading of 71.66, the market is nearing overbought conditions. This suggests caution as the asset may start to see a pullback or consolidation phase soon.
Conclusion:
SOL/USDT is in a bullish phase, testing significant resistance levels with a supportive uptrend. The current market position near the all-time high suggests that traders should watch for a breakout above $261.32 for potential long positions. However, the near-overbought RSI levels advise careful risk management, as a pullback could be imminent. Monitoring MACD for further divergence from the signal line will be crucial in determining the strength of the ongoing trend. Trade setups should ideally include stop losses considering the $202.28 support level to manage downside risks effectively.
SOLUSDT analysis1-Hour Timeframe:
Ichimoku Cloud: The price is below the cloud, confirming a bearish trend.
The cloud acts as strong resistance near $244–$246, making it a critical level for any upward movement.
Current RSI is 38.20, suggesting the market is near oversold territory, which could lead to a short-term bounce.
MACD Bearish momentum persists, with no clear bullish crossover in sight.
Stochastic RSI: Overbought at 78.31, indicating a potential short-term pullback or continuation of the downtrend.
ATR at 3.82 suggests moderate short-term volatility, making tight stops feasible.
4-Hour Timeframe:
Ichimoku Cloud: The price remains below the cloud, confirming a bearish trend on the larger timeframe.
Resistance aligns near $250, with significant downside potential if the trend continues.
RSI is at 40.42, showing weak buying momentum. There's room for further downside before becoming oversold.
The MACD histogram shows strong bearish momentum, with no reversal signal yet.
Stochastic RSI:
Oversold at 7.38, suggesting a limited downside in the immediate term but no confirmation of a bullish reversal.
ATR at 7.40 indicates higher volatility on this timeframe, suitable for wider stop-loss levels.
sol/usdtHello,
This is an analysis of sol/usdt.
This analysis is brought to you by the FXonbit Traders Team
Solana may be set for the recovery. Here's why:Data from Coinglass reveals that Solana’s Long/Short ratio on the 1-hour timeframe has climbed to 1.17. A ratio above 1 suggests a higher number of traders betting on a price increase compared to those anticipating a decline.
Currently, 54% of Solana traders hold long positions, while 46.17% expect a drop below $255.
On the weekly chart, Solana’s price has surged above the 20 and 50 Exponential Moving Averages (EMAs), key indicators that measure trends.
With SOL currently priced at $255, above both EMAs, the altcoin seems poised to continue its upward direction. The formation of a bull flag further supports this bullish outlook.
As long as the price remains above the upper trendline of the consolidation phase, it could rise toward $325. However, if selling pressure takes hold, this bullish scenario could shift. In that case, SOL might fall below $200.
Solana Bullish and Bearish zone 25 Nov 2024Bullish Zone is above 258
Bearish Zone is below 248
Note: This is an opinion based on analysis, this is not a buy/sell call.
#SOL/USDT Ready to take off upwards#SOL
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at a price of 244
We have a downtrend, the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 254
First target 261
Second target 269
Third target 278
Why is SOLANA expected to reach $300 soon?Hello and greetings to all the crypto enthusiasts, ✌
In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for SOLANA, 📚💡
In addressing the query posed in the heading, Solana has demonstrated a consistent ability to outperform Ethereum in numerous key performance metrics over the past few months. This is further complemented by its highly proficient development team, which has implemented several strategic updates, positioning Solana at the forefront of blockchain technology with state-of-the-art innovations. 📚🎇
Given the project's robust fundamentals, a price target of $300, along with an anticipated 17% price appreciation, appears well within reach. 📚🐋
Moreover, the technical analysis corroborates this optimistic projection, reinforcing the likelihood of continued upward momentum. 📚✨
🧨 Our team's main opinion is Solana has outperformed Ethereum, backed by strategic updates, a strong development team, and solid fundamentals, with a $300 price target and 17% increase expected, supported by technical analysis. 🧨
Thank you for your attention. If you have any questions or comments, I’m here to respond to you. 🐋💡
SOLUSDT Market Structure Update👋Hello Traders,
Our 🖥️ AI system detected that there is an H1 or higher timeframe ICT Long setup in
SOLUSDT for session trade (a couple of Hours)
Here is a session trade idea (since it is near support surface, we should use small lot size)
Please refer to the details Stop loss, Buy Zone,open for take profit.
Next Long entry after retracement in any session.
For more ideas, you are welcome to visit our profile in tradingview.
Have a good day!
Please give this post a like if you like this kind of simple idea, your feedback will bring our signal to next better level, thanks for support!
destiny SOL 1HA very clear negative divergence, breaking the ascending wedge pattern, a pullback to the breakout area, the need for a pullback after breaking the major daily trend line, all of these indicate a temporary correction of this cryptocurrency to the $180 area.
Destiny SOLThe harmonic pattern of the cup is clearly visible, the major trend line has been broken, but to continue its path, it needs to experience a correction to the $180 range and then continue its crazy growth up to the 1.27 Fibonacci extension.
SOLUSDT Bullish Flag PatternSOLUSDT Technical analysis update
SOLUSDT has been forming a bullish flag pattern over the last 230 days. The price is now moving toward the flag resistance line for a potential breakout. Once the breakout occurs, we can expect a price move of 50% to 150%. Additionally, the price is trading above the 100 and 200 EMA on the daily chart.
Buy level: After confirmation of the breakout from the flag pattern.
Custom Key Shortcuts for Hiding Indicators and Other FunctionsCustomizable Keyboard Shortcuts for Hiding Indicators and Other Functions
Description
TradingView is an exceptional platform for traders, but enhancing keyboard shortcut customization would make it even more user-friendly. This idea suggests two key improvements:
Shortcut for Hiding/Showing All Indicators:
A single keyboard shortcut to instantly toggle the visibility of all active indicators.
This would allow traders to effortlessly switch between a "clean chart" view and their customized indicator setup, saving time and enhancing real-time decision-making.
Full Keyboard Shortcut Customization:
Enable users to assign shortcuts to various platform functions, such as toggling indicators, timeframes, drawing tools, and chart types.
A simple "Customize Shortcuts" menu in the settings could make this feature highly accessible.
Benefits
Efficiency:
Traders can tailor shortcuts to their personal workflows, improving speed and accuracy.
Flexibility:
Meet the diverse needs of traders with varying strategies and preferences.
Seamless User Experience:
Simplify repetitive tasks and keep focus on the market.
Category
Platform Suggestions
Bias
Neutral
Related Ideas
"Improved Shortcut Management in TradingView"
"Quick Access to Clean Chart Mode"
"Personalized Hotkeys for Advanced Users"
Let's ensure SOL has a good bounce platform at $0.33You only have a few minutes. You'll thank me later, and no - I'm not lying about this....LOL
Ya Boi,
- Ant
Solana (SOL) Price Technical Analysis - Nov, 2024Solana SOL, priced at currently ($256.83) picked up momentum after breaking out of $249 on Nov. 21st and hit a new all-time high above $264 on Nov. 22nd, breaking from the previous high from 2021.
The new all-time high is a bullish sign as it shows solid demand for the asset from the bulls. With no overhead resistance above the region now, a new high clears the path for further gains. If buyers maintain the price above $248, the SOL/USDT pair is likely to skyrocket to $300.
SOL looks bullish againsol seems to have completed a diametric correction as the g wave is dwarfed another bullish trend is expected to form.
By maintaining the green range, it can move towards the targets.
Closing a daily candle below the invalidation level will violate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
NOTHING !!Finally, the Cup&Handle broke .The price can reach the shown targets. That's it.
previous analysis
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
SOL/USDT 💰 #SOL/USDT
Three White Soldiers on monthly just below All Time High💁♂️
Breakout & Price Discovery is 3.. 2.. 1🚀
Solana (SOL): 430% Gain at 10x LeverageSolana (SOL) Trade Overview:
Solana (SOL) has delivered an incredible rally on the 4-hour timeframe. Using the Risological Swing Trader , the trade not only hit all predefined targets but exceeded expectations, achieving a 430% gain at 10x leverage.
Key Levels:
Entry Price: $175.68
Stop Loss (SL): $165.36
Take Profit Targets:
TP1: $188.45 ✅
TP2: $209.10 ✅
TP3: $229.75 ✅
TP4: $242.51 ✅
Analysis:
The Risological Lines perfectly highlighted a sustained bullish trend. Solana maintained its upward momentum, achieving rapid target hits. The Risological green lines provided a clear path for the trade's continuation, enabling traders to maximize their profits.
Outlook:
With all targets hit, Solana's trajectory remains strong. Traders may look for additional entries or secure profits as the bullish momentum shows no signs of slowing down. A well-executed trade like this emphasizes the power of Risological indicators for precision trading.
SOLUSDT: Bullish Momentum Building for a Potential All-Time HighSOLUSDT is demonstrating strong bullish potential after bouncing off a key support zone and breaking through a descending trendline. This breakout suggests a shift in momentum, indicating that we could see a significant upward movement in the near future. With the price gaining traction, traders should monitor the market for opportunities to enter positions as SOLUSDT approaches recent resistance levels.
To capitalize on this potential uptrend, consider placing entries on confirmed breakouts while managing risk with stop losses below the recent swing low. As bullish indicators align, the prospect of SOLUSDT reaching new all-time highs becomes increasingly likely. Stay vigilant, as this may be the beginning of an exciting phase for SOLUSDT traders!
SOLUSDT Currently trading at $146
Buy level: Above $146
Stop loss: Below $135
TP1: $152
TP2: $160
TP3: $175
TP4: $195
Max Leverage 3x
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
SOLUSDT Cycle LOG targetLOG Scale target. Seems too high, but that happens with multiple coins each cycle. The jupiter squeezing into basketball theory must be applied for this LOG target to be feasible.
Don't hold part 5k though (if we get there)
You can Plan Long Sol.Wait for price reach our level and then after change of character in 5min time frame. You can plan long . I will give you update in comment or upload post. Don't enter until price touch Level
