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SOL / Wrapped Ether on Polygon (0x2af65c6744d0edb1539ebf177f6e48b35001b44b) in USDSOL / Wrapped Ether on Polygon (0x2af65c6744d0edb1539ebf177f6e48b35001b44b) in USDSOL / Wrapped Ether on Polygon (0x2af65c6744d0edb1539ebf177f6e48b35001b44b) in USD

SOL / Wrapped Ether on Polygon (0x2af65c6744d0edb1539ebf177f6e48b35001b44b) in USD

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SOLWETH_2AF65C.USD trade ideas

SOLUSD sell on rise till recent high not break On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% .. Please note:- It's working on news based and volitile market very well so exit if SL hit
COINBASE:SOLUSD
by JaiPrakashShuklaHarmonicTrader
FTX Sells $230M in Solana Tokens Amid Recovery EffortsSOLANA Urgent Update: FTX Sells $230M in Solana Tokens Amid Recovery Efforts ➡️ SOL Sale Details: ▪️Amount Sold: 1.8 million #Solana tokens ▪️Buyers: Galaxy Trading and Pantera Capital ▪️Price Range: $95 to $110 per token ▪️Unlocking Period: 4 years ➡️ Market Chart Analysis Update: ▪️Current Chart Analysis: CRYPTOCAP:SOL is showing bearish signs, struggling to maintain above $127. ▪️Potential Downside: If it breaks below $127, prices could drop to between $70-$80. ▪️Historical Note: #SOL was priced at just $8 about a year ago. ▪️Important Note: Keep an eye on the red trend line; crossing it could mean Solana becomes super bearish. ➡️ Discussion Point: Could Solana hit $50? What are your thoughts given the current market conditions and recent sales? Join the discussion and share your views!
BITSTAMP:SOLUSDShort
by CryptoPatel
1
Solana Price Shows Consecutive Gains: Are Buyers Taking Charge? The Solana price witnesses the formation of a bullish pin bar candlestick on the daily chart. The daily chart showcases that the SOL price is stuck between the 50 day and 200 day EMA. The Solana price has been trading higher on the second consecutive day and is trying to stretch higher after stabilizing above the 200 day EMA. The price surge may help the crypto recover the recent losses caused after a double top pattern formation near the $200 level. The daily chart suggests that the SOL crypto loomed sharply after the buyers failed to surpass the $200 level. A double top pattern was observed after which the price dropped breaking below the 50 day Exponential moving average. Currently, the Solana price is stuck between the 50 day EMA on the higher side and the 200 day EMA on the lower side. The long term trend outlook is bullish until the price is maintained above the 200 day EMA. However, the short term trend outlook seems to have weakened after the recent fall. Now, the breakout or breakdown on either side of the EMA may indicate a clear trend in the short term. Solana Crypto: Social Sentiment Data Study The social dominance and social volume of Solana price reveals the activity performed by the social media users. Social media tools like Twitter (X), Telegram, Instagram are a medium to increase the awareness and news about the SOL crypto. The above chart reveals that the social volume and social sentiments were comparatively high in December and dropped in January and February. However, a sharp growth in the social volume and social sentiment was observed in March. The social dominance was 2.8% in February which surged to 12.1% by the end of March suggesting a 600% growth. However, the social dominance curve witnessed a drop in April and currently stands at 6%. The Sentiments Curve Suggest A Slightly Positive Outlook. The weighted sentiment data displays the short term bias among the traders and Investors. As per the chart, the weighted sentiment was bullish in January and turned negative in February indicating a short term correction. Moreover, the overall sentiments turned positive in March and a sharp rally was observed on the charts. Currently, the weighted sentiment curve has fallen back near the mean line indicating a short term correction in the price. The short term trend outlook is neutral to slightly bullish on a combined analysis of sentiment curve and price data. Solana Crypto Forecast 2024 The analysts have a wide range of price targets for April 2024. The most optimistic view of analysts assumes the Solana price could advance to a high of $202.05 suggesting a potential gain of over 39.3%. The lower price target which the crypto could attain as per the analysts is $108.7 if it breaks the recent support and 200 day exponential moving average. Conclusion. Solana price is rising for the second consecutive session hinting at a recovery from recent losses. Recently, the buyers failed to break above the recent swing high and psychological level of $200 triggered a profit booking and slumped below the 50-day EMA. Currently, the SOL crypto is wedged between the 50-day and 200-day EMAs suggesting a bullish long-term outlook but a shaky short-term trend. Also, Social media buzz, reflected in social volume and dominance, peaked in March, signaling increased interest. The sentiment data is neutral to mildly bullish, suggesting a possible short-term price correction. The Breakout of the EMAs on either side may indicate a clear trend. Technical levels: Support levels: $122.61 and $108.37 Resistance levels: $204.09 and $224.86 Disclaimer The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.
CRYPTO:SOLUSDLong
by Ritika_TCR
the price is showing a surgeThe price actions show a fierce battle between bulls and bears at the supply level, after a long bullish rally on the daily chart. the price action highlights that the price is trying hard to sustain at the upper levels. At the time of publishing, the price is showing a surge of 0.90% with the price trading at $181.20, the price is trading above the 20-day and 50-day EMA band. Moreover, the MACD histogram has started converging and the RSI is at 53.15 approaching 14-SMA to cut from below. Therefore, if the price manages to maintain support at the $170 price level, the price could advance higher from the supply level and could blast upward to achieve targets like $200, and $210. However, if the SOLANA price decreases below from $170 price level, it could deteriorate below and towards lower levels.
COINBASE:SOLUSDLong
by Sam_TCR
the Solana asset is showing bullish signs The price of Solana crypto has formed a mighty comeback, beating its previous high level, beginning from a major support level of around $81.0. The SOL has already gone past its previous high price mark of $121.0 and has banged the above resistance level reaching new price peaks. At the time of publishing, the crypto had inclined by 4.17% in the last 24 hours and was trading at $170.91 at press time. Therefore, if the demand for Solana increases unexpectedly more on the upside, the asset price could continue to jump from the current level. Then the next goal for the price could be to reach $200.0 while the resistance would be at $185. It further exhibits a great price surge possibility to new peak levels. As price structure shows good inclination from the current resistance turned support level of $121.0. On observing the price chart data over the daily chart, the Solana asset is showing bullish signs and the price structure presents the capacity over the daily chart that it has the potential to extend further. It has performed well in the past week, month, and quarter with a 29.14%, 51.32%, and 123.39% surge respectively, implying a solid uptrend. Moreover, the SOL crypto asset is revealing bullish potency and rising capability as it maintains above major 20 and 50-day EMA bands. However, if the Solana crypto price fails to stay above the $160.0 level, it could decline further and could reach $140.0 as well.
COINBASE:SOLUSD
by Sam_TCR
Solana - New AnalysisHello Traders! 👋 BITFINEX:SOLUSD Since our last analysis, we've established a new high, now representing our Wave (3). While there's potential for another significant upward surge in Wave (3), it's increasingly probable that the wave has reached its peak. The anticipation is that Wave (y) of (4) will ideally target the price range between $47 and $40. The exact structure of the correction remains uncertain, so we must stay nimble and be prepared for shifts in the micro wave counts. However, my expectation is that we'll witness substantial momentum around the 38.2% Fibonacci level. Exciting times ahead! 📊✨
BITFINEX:SOLUSDLong
by stromm_by_wmc
Bid SOLETH perp and hold until ATH SOL trades to ETH; not to USD. SOLETH moved from 2% to 3% in a ziffy. By the looks of it, all set to move to 6%, or double in some time. This consolidation is a good time to bid. 2.131% at the weekly demand zone, is a great place to get a high leverage position. 2.131% (or 21.31 in this chart) was the lowest it was before the FTX saga. Not going below. Anywhere below 2.6% is a good bid. Acquire perp in this range without liquidation risk, and don't sell until ATH.
CRYPTO:SOLUSDLong
by xTako
Solana long term viewHere is monthly chart of FTX:SOLUSD . It shows clear 5 wave impulse followed by ABC correction that is still not complete. Once we get a positive monthly close then we can expect the next 5 waves impulse on the upside that the size of it should be at least same as the upmove of previous 5 impulse waves (1-2-3-4-5). It's a wait and watch game from long term investment perspective. Incidentally, most other cryptos too show same ABC correction and chances are most of them will turn together with possibly BITSTAMP:BTCUSD turning up a little sooner than the rest.
BINANCE:SOLUSD
by YetAnotherTA