SOLUSDT.P trade ideas
Solana Cup& Handle Breakout buy at cmp 140 for 250Buy at 130-140 For 250
Breakout of cup handle pattern.
Consolidated for two month
Bull run target 1250 Easy.
SOL Breakout Alert! 🌟 Bullish Momentum on the Rise!💎SOL has recently broken out of a resistant zone and a cup and handle pattern, exhibiting a bullish market structure with signs of increasing momentum, as indicated by CHoCH and BOS.
💎Upon retesting the resistant area, it would be prudent to await the formation of stronger bullish candlestick patterns for confirmation. Once confirmed, we can anticipate price targets towards the next resistant zone. In the event of panic selling, a bounce from the Bullish OB can be expected, but confirmation via bullish candlestick patterns is essential.
💎However, if SOLUSDT breaks down below the bullish OB, it would be advisable to wait for clearer price action to form before considering any trading decisions.
next future target of #sol# what i predict and follow next future target of sol what i predict and follow as you can see the market with high volume so we can go for next target of sol within few months.... on the basis of these inverted head and shoulder patterns.......
ChatGPT SOL Analysis: Daily Time Frame with Weekly Support at $8
SOL Analysis: Daily Time Frame with Weekly Support at $80 and Weekly Resistance at $137
1. Price Movement Analysis:
- Since October 30, 2023, the price of SOL has been trending within an upward channel.
- This upward channel signifies consistent buying pressure and bullish momentum in the market.
2. Interaction with Weekly Levels:
- Despite the upward trend, the price has respected the key weekly support at $80 and weekly resistance at $137.
- The price movements within the channel have oscillated between these levels, indicating their continued relevance even within the broader uptrend.
3. Confirmation of Trend:
- The sustained upward movement within the channel confirms the bullish trend in SOL.
- Each successive higher low and higher high reinforces the strength of the uptrend.
4. Importance of Channel:
- The upward channel provides traders with clear boundaries for potential entry and exit points.
- Traders can consider buying near the lower boundary of the channel and selling or taking profits near the upper boundary.
5. Potential Breakout Opportunities:
- Traders should watch for potential breakout opportunities above the weekly resistance at $137.
- A decisive breakout could signal a continuation of the uptrend, potentially offering opportunities for further gains.
6. Risk Management:
- Despite the bullish trend, risk management remains crucial.
- Traders should set stop-loss orders to protect profits and mitigate losses in case of a trend reversal or unexpected market events.
7. Monitoring Volume and Momentum:
- Pay attention to trading volume and momentum indicators to assess the strength of the trend and potential reversals.
- Increasing volume during upward movements can confirm bullish momentum, while divergence in momentum indicators may signal weakening strength.
8. Market Catalysts:
- Stay informed about any developments or news that could impact SOL's price, such as protocol upgrades, partnerships, or regulatory changes.
- These catalysts can influence market sentiment and contribute to significant price movements.
9. Summary:
- SOL has been trading within an upward channel since October 30, 2023, while respecting the weekly support at $80 and weekly resistance at $137.
- Traders can utilize the channel boundaries for entry and exit points, while closely monitoring for potential breakout opportunities.
- Risk management and staying informed about market catalysts are essential for navigating the market effectively and capitalizing on trading opportunities.
SOL : Booked a profit of 184.47% on the invested capitalDecided to book profit in the scrip since the market is over-valued from a technical perspective. The upcoming recession worries and the high interest rate environment adds up to the risk of holding positions in a highly volatile and speculative asset class like Crypto.
Will consider a re-entry if price crashes and comes down to cheaper valuations from a technical perspective.
sol 76$ soon ??sol is following same btc trends 1 day trendline was broke and retest is also done we can see a fall in coming days??
SOLANA Calling $40 Soon ?SOLANA ALERT: CRYPTOCAP:SOL Calling $40
If #SOLANA fails to hold the $90 Support TL, be prepared for a potential -60% DUMP!
This could be a great buying opportunity for those looking to accumulate #SOL
I've already placed a Buy Order below $50
What about you?
Will Solana Hit $500 in Bull MarketAS per chart I am Bullish on SOLANA.
Before Big relly we can see retracement till $40-$50
Which will be good entry zone for long term.
I am Expecting CRYPTOCAP:SOL will hit $500 in bull market.
H&S Formation on $SOLA simple formation as it appears.
If we drop back to 75 and recover, it would be good to long at least to the life high of 260.
Feel free to comment.
SOLUSDT ANALYSISKey Highlight :
Support = 95 to 96
Next Resistance = 105 to 108
Market Structure = uptrend
Entry = 100
SL = 95
target = 105 to 108
Fair Value Gap, Chance Zone | Long BiasOn Week TF
Solana's in Fibo Channel and it's trading at $108 now
I found a #FairValueGap around in range $80 - $96 so I expect SOL will pullback and bounce back from this range
Besides, this range included #GoldenRatio
So I think the chance for long position
Time will tell
SOL down the drainIts time for this coin to beat the dust.
Too much euphoria, too much money lost in keeping the fees down on this chain.
Let the hunger games, begin!
$SOL next 2 years planMight sound like we getting ahead of ourselves
But this is what I'm trying to aim for in the next 2 years
OL pumped +10.59%, hitting all time high of $80.97 at 17:16UTCSOL/USDT (Solana to Tether) trading pair. Please note that I am not a financial advisor, and trading always involves risks. It's important to do your own research and make decisions based on your own analysis and risk tolerance.
Your provided information suggests a bullish outlook for SOL/USDT with a buy long recommendation. Here's a summary of your information:
Asset: SOL/USDT (Solana to Tether)
Trade Type: Buy Long (Future/Spot)
Entry Level: $86.35
Target 1: $88.00
Target 2: $90.00
Stop Loss: $82.80
It's essential to stay informed about market conditions, news, and any developments that might impact Solana's price. Also, be cautious about the volatility in the cryptocurrency market.
Solano : breakout entry opportunities 59.10 breakout : short entry point
59.96 breakout : long entry point
Risk Reward ratio : 1: 5
SOLANA updated move (SMC)As SOLANA continues to follow the chart pattern I previously shared, it has successfully mitigated the demand zone and is currently moving in line with it.
So far, this movement has resulted in approximately a 10% profit . Considering this positive development, it would be wise to start booking profits partially while implementing a trailing stop loss strategy.
Our next target should be the recent high that SOLANA reached. However, it is crucial to keep an eye on Bitcoin's price movement as well.
Bitcoin often influences the overall cryptocurrency market, so any significant changes in its value could impact SOLANA's performance.Additionally, it is important to note that the current market sentiment appears to be greedy. This means that investors may be more inclined to take risks and potentially overlook potential downsides.
Therefore, it is essential to exercise caution and manage your risk accordingly.
I will continue monitoring the situation and provide updates as necessary.
SOLANA Expected move (SMC)The recent increase in cryptocurrency has resulted in a bullish trend persisting for several days now. By examining the 1-hour chart of SOLANA, we identify an area of high demand where we can strategically plan a long trade. To ensure greater certainty, we can transition to a shorter time frame after addressing the Order Block and carefully evaluating CHoCH.
Smart Money Concepts.
SOLUSDT LONGSOLUSDT Long setup
Breaking out of symmterical triangle on hourly and looking for new highs
TP: 69$ targeting 1.618 fib (extension)
SL: below the sym triangle, would be about 5%
valid if BTC doesn't reject 38k or just keep consolidating around this range
Long or Short kaha jana hai sol Bhai.It seems on 4 hour there is down Side but bulls are back and make doji and Consolidation in Sol at 15 Min.
let See.
