SOL Cup and Handle breakout Solana has completed and broken out of a cup and handle pattern, with a target around $400.
If ETF approvals come through, CRYPTOCAP:SOL could surge to even higher levels.
Keep an eye on volume and momentum
SOLUSDT trade ideas
SOlANA on a verge of all time high . Regardless be a cautious trader with proper research , and stop loss.
SOLANA Price Formation Forming M pattern And also price Respecting The Trendline and the Cherry on the Cake is M pattern Formation on the Trendline , Probability says it can move Downside just need a better psychology and dicipline to follow the plan with showing patience.
SOLUSDT: Is a Bullish Move on the Horizon?Yello, Paradisers! Are we about to witness a bullish surge in SOLUSDT, or should we brace for a breakdown?
💎The current setup suggests that inducement might be in play, but the key to a higher probability bullish move lies in waiting for a Change of Character (CHoCH). If the price approaches the support zone and gives us that CHoCH, we can confidently plan our entry on the pullback.
💎However, be cautious! If the price breaks down below the support zone and closes a candle beneath it, that would invalidate our bullish outlook and signal a bearish trend. Since we're not interested in the bearish side for SOLUSDT, it would be wise to ignore any short positions in this scenario.
🎖Remember, patience and discipline are crucial. Only enter trades that align with your strategy and offer the highest probability of success. This approach is how you stay ahead in the long run. Stay sharp and trade smart, Paradisers!
MyCryptoParadise
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SOLANA CUP & HANDLE PATTERNCRYPTOCAP:SOL is forming massive cup & handle pattern after long 3 years of bull & bear market. After fluctuating from 120 - 180 range for approximately 6 months, currently is breaking out of the pattern,aiming towards 220 ATH and so on.
Third pattern By anmol Always wait for the high of the breakout candle to be broken to place your long position.
SOL/USDT Facing Short-Term DowntrendSolana seems to be entering a corrective phase after a recent rally. Several key indicators are pointing toward a short-term downtrend, offering potential opportunities for traders to re-evaluate their strategies.
After a long time publishing an idea , lets hope for best . This is an cup handle pattern formed on 2 month basis .
#SOLUSDT 1D ANALYSIS SOLUSDT 1D ANALYSIS
Direction: #LONG
Leverage: 3x
Entry Area: From 136.438 to 146.463
Targets: 165.347 - 188.857
Stoploss: 119.728
PROFIT, GUYS🥳
SOLANA Ready for the big move Solana is overall bullish and recently filled all the fair value gaps. Recently bounced backed from the major support.
Keep an eye on the channel and above is 200 MA. Once Solana breaks the structure and gives the close above 200 MA we can see a New ATH in this bull rally.
Start doing DCA on Solana. This will give us a huge profit.
For more update tap the follow button\
SOL/USDT Swing Long Trade and Accumulation ZoneExpected Market Movement: Given the current setup, there is a possibility of a "dead cat bounce" scenario where SOL may experience a short-term rally, followed by a retracement into the $118-$112 range. This retracement could complete a "W" pattern, setting the stage for a subsequent rally towards the $200 region.
Key Event to Monitor: It's important to keep an eye on the upcoming Federal Reserve rate decision on September 17-18. The broader market reaction, particularly from Bitcoin (BTC), will likely have a significant impact on SOL's price trajectory. A sharp downturn in BTC could lead to further downside risk for SOL, possibly pushing prices even lower than expected.
Next Steps: Patience is key in this setup. Await the outcome of the Fed's rate decision and observe the market's response before making any decisions. Should this scenario unfold as anticipated, I will provide further updates.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research before making investment decisions.
SOLUSDT Technical AnalysisWhen the daily chart of SOLUSDT is examined; It is observed that the price movements continue in a downward trend. It is evaluated that the crypto can target the level of 196 by passing the level of 152 in price movements above the level of 133, but it is evaluated that it can retreat to the level of 94 by breaking the level of 111 in price movements below the level of 133.
SOL SolanaBINANCE:SOLUSDT.P BINANCE:SOLUSDT
SOL is showing bullish momentum, recovering from a recent dip and currently trading around 146.171. The chart indicates a potential upward move with key resistance levels at 149.637, 152.853, and 156.288. As long as SOL stays above the 143.422 support, the bullish trend could continue, making those higher targets achievable. Keep an eye on resistance breaks for further gains.
Solana 1HR timeframe update Bearish -
1. If Solana breaks the trendline, we can see the dump
2. Above we have a 200MA which will be acting as a resistance.
2. There is an order block just near the 200MA
We can open up the short positions if Solana break the trendline
Bullish
In case Solana gives a break to the upside with a heavy volume then we can open a long position but there is a low volume suspected right now
SOl 15 min chart 15 min Timeframe
Solana is creating a bull flag on the 15-minute chart, But on 1-hour timeframe, there is 200MA which will work as a resistance. If SOL gives a break down then it will give a nice short setup up which will also break the up trend channel in the 1hr Time frame
If it breaks up then it will break the resistance level, and we can create a long position from there
Be ready for setting your positions
Buy Trade Idea for Solana (SOL) - Capitalizing on SpeedDescription
Solana (SOL) is gaining significant traction in the cryptocurrency market due to its impressive performance and innovative technology. Here are the key fundamentals driving Solana's appeal:
- **High Performance:** Solana's blockchain is capable of processing thousands of transactions per second, thanks to its unique Proof of History (PoH) consensus mechanism combined with Proof of Stake (PoS). This high throughput makes it one of the fastest blockchains available.
- **Low Transaction Costs:** The network's efficient design ensures transaction fees remain extremely low, making it a cost-effective solution for users and developers.
- **Robust Ecosystem:** Solana has a rapidly growing ecosystem, with a wide range of decentralized applications (dApps), DeFi projects, and NFT platforms being built on its network. This growth is bolstered by strong developer support and strategic partnerships.
- **Scalability:** Solana's architecture is designed to scale without compromising decentralization, ensuring the network can handle increased demand and maintain performance.
Given these strong fundamentals, Solana presents a compelling buy opportunity for investors looking to benefit from its potential for long-term growth and widespread adoption.
Disclaimer
Trading and investing in cryptocurrencies involve significant risk and can result in substantial losses. The content provided here is for informational purposes only and should not be considered financial advice. Always conduct your own research, consider your risk tolerance, and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results, and the value of investments can fluctuate widely.
a good bottom divergencehere we see a clear example of divergence. here bitcoin showed a clear stochastics divergence, yo go long ,
also linear regression candles showed the exit-
SOLANA SHORT SET-UP Currently Solana is trading above 180 level, which fell from 194 level after BTC sell off news. It made a recent low of 174 and bounced back at 183 level. Now it shows some bearish sentiments as market is sidewise bearish. Short Targets could be 178, 174, 170.
Solana broke long term descending triangle If we go on technical analysis, we have gotten bullish breakout on SOLANA, but memecoins based on Solana are not aggressive these days, this might be the sign of fakeout. I'm having an eye on it, if it closes below 180, then short will be my call.
WHAT if we take this trade?!Please remember the following text:
DISCLAIMER: NO TRADING ADVICE, IT'S PURELY FOR EDUCATIONAL PURPOSES. PLEASE CONDUCT YOUR OWN ANALYSIS.
Solana steady moveSolana showing steady move and weekly breakout as per the fibo retracements. First resistance of the fibo bottom has bin decisively broken. It's ready to take the next levels.
Bull Run Comeing soonSol 120 Strong Sport
Buy Buy Buy & Hold
Target 200 and Long Term Target 250
Continue invest in Solana , DCA
Manage your capital
SOLUSDT Poised for a Major Move: Don’t Miss This Opportunity!Yello, Paradisers! Are you ready to capitalize on the next big move in SOLUSDT? Let's dive into the details and see what's brewing with this potential breakout pattern.
💎SOLUSDT has formed an inverse head and shoulders pattern, signaling a potential bullish reversal. Currently, the price is flirting with a resistive trendline and a significant resistance zone. A proper breakout here could lead to a substantial upward move.
💎For a confirmed breakout, we need a candle closing above the resistance zone. This will significantly increase the probability of a bullish move. Until we see this confirmation, it’s essential to stay cautious.
💎In the event of a pullback, we can anticipate a bounce from the support level. However, for confirmation, we need to see an I-CHoCH (Internal Change of Character) in the lower time frames. This will indicate that the support is holding strong and the bullish momentum is intact.
💎Be mindful that if the price drops below the right shoulder and the support level, it will invalidate our pattern and the entire bullish thesis. It’s crucial to have a plan for this scenario to manage risks effectively.
Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
This is the only way you will make it far in your crypto trading journey. Be a PRO.
MyCryptoParadise
iFeel the success🌴
