202405 - SOL potentials dump 20-50% from here202405 - SOL potentials dump 20-50% from here
break the trend > dump in coming
SHORT here
SOLUSDT.P trade ideas
#SOL/USDT Surges After Retesting 0.5 Fibonacci LevelThat sounds like a bullish scenario for #SOL/USDT! Here's a description you could use:
"#SOL/USDT has recently formed a double bottom pattern on the 1-hour time frame, coinciding with a bullish divergence, indicating a potential trend reversal. The price has also formed a double bottom pattern on a larger time frame, further confirming the bullish bias.
The next significant resistance level for SOL/USDT is around $160. If the price manages to break above this level, we could see a continuation of the upward trend, with the next target around $200.
Traders should monitor the price action closely, as a failure to break above the $160 resistance could lead to a retest of the support levels. However, the current technical setup suggests a bullish outlook for SOL/USDT in the short to medium term."
This description highlights the technical factors supporting a bullish outlook for SOL/USDT, including the double bottom patterns, bullish divergence, and potential upside targets.
#sol/usdt "Solana's Redemption: Why Now is the Time to Invest#sol/usdt as a double top pattern coupled with bearish divergence near the $160 resistance hints at a downturn. Anticipate a potential retest toward the $136 to $126 support range as selling pressure mounts
SOLUSDTBreakout Trade
SOL gave breakout under 4h,2h,1h time fram of its inclined resistance.
We can plan a long position at this point with a tight SL
#SOL#Crypto#Futures
SOLANA Bearish Analysis as per 4H chart Analysis#Solana is trading at a crucial resistance around $150, aligned with the 200 EMA. Below this level, SOL remains bearish. However, a breakout above the 200 EMA could signal an upward trend!
Stay vigilant!
#SOL #CryptoAnalysis #Trading
Solana Price Analysis: Will SOL Rally To $500 In Current BullRun#SOLANA/USDT Chart Analysis
HTF Perspective: The SOLANA chart looks extremely bullish on the higher timeframe (HTF). A bullish Cup & Handle pattern is emerging, signaling a potential massive upward trend.
Cup & Handle Pattern: According to my analysis, the Cup has already been completed, and we are awaiting the formation of the Handle. The handle's bottom is likely to form around $50, which presents a great opportunity to accumulate SOLANA in large quantities.
Key Takeaways:
➡ The cup pattern is completed, and the handle pattern is in the works.
➡ The handle bottom could form around $50, presenting a prime buying opportunity.
➡ Once the handle pattern completes, a significant upward move is likely.
➡ Long-term targets are around $500 to $1000.
Price Levels:
➡ Strong Support: $84/$46
➡ Resistance: $200
Current Update: I initially highlighted this pattern when CRYPTOCAP:SOL was trading at $190, and now it's touched $116. If you booked profit at the top, well done!
Disclaimer: This is not financial advice. Do your own research before investing in any cryptocurrencies.
SOLUSDTSolana (SOL) is a cryptocurrency and blockchain platform known for its high performance and scalability. It aims to provide a solution to the scalability issues that many other blockchain networks face, such as Ethereum. Solana utilizes a unique consensus mechanism called Proof of History (PoH), which helps to order transactions efficiently and achieve high throughput. The project has gained significant attention and popularity within the crypto community due to its fast transaction speeds and low fees. Additionally, Solana has been attracting various decentralized finance (DeFi) projects and decentralized applications (dApps) to build on its platform.
#SOL/USDT BREAKING FALLING CHANNEL PATTERN #SOL/USDT has successfully broken out of the falling channel pattern and has shown a bullish divergence. Currently, the price is on its way towards the $190 liquidity area.
SOLUSDTCRYPTOCAP:SOL Buying-Selling Strategy:
92$ Buy 20 %
62$ Buy 30 %
49-39$ Buy 50 %
454$ Sell 20%
742$ Sell 20%
1571$ Sell 20% (mp bull run end)
Disclaimer
This analysis is provided for informational purposes only and should not be considered financial advice. It is essential for all traders and investors to conduct their own research and risk assessment before making any trading decisions.
SOL FAIR PRICE AND TARGETSSOL FAIR PRICE : 130$
IMP SUPPORT 74$ - lost leads crash
after the fair correction mostly it will form cup and handle pattern @ target : 530$
SOLUSDT Long with ascending triangle pattern SOLUSDT Long with ascending triangle pattern
Use Time Frame - 1min
SOL forming a ascending triangle pattern which indicates Bullish Momentum in upcoming time.
i have also merged FIBB setup with Ascending Triangle
WILL #SOLANA HIT $500 IN THIS BULL MARKET? WILL #SOLANA HIT $500 IN THIS BULL MARKET?
1⃣ SOLANA 800% Up from Our Initial Entry Setup.
2⃣ 2021 Bull Market Solana did 250x
3⃣ Current 2024 Bull Market #SOL has given 17x so far
4⃣ IMO CRYPTOCAP:SOL has $500 Potential in the Current bull run
5⃣ Support = $80-$90, Major Support = $50
6⃣ If hold $115 Support Level then Next move toward $250
7⃣ Major Resistance = 210
8⃣ SOLANA flipped #Ethereum in 24H DEX Volume
HAPPY TRADING #CRYPTOPATEL FAM
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
