SOLANA trade ideas
$SOL deep deeper deepest!CRYPTOCAP:SOL is back in his channel. Sol has been corrected very deeply. I hope that Sol will first test and break the supply zone and then move on to the next one for a retest outside its trend for a retest on top of the trend and demand zone. As soon as that pattern is complete, we head to the ATH. First let's test and break that supply zone.
SOLANA // target reached, what now?The market has come all the way down to the weekly breakout and the correction fibo 78.6 with an impulse.
After such a fast impulse bumps into a strong support, chances are high that some kind of a correction of the impulse will come.
It doesn't mean, it turns from here, and goes to new highs, though!
The daily countertrend breaks above the daily impulse base (higher green level), but the countertrend line breaks at the daily breakdown (lower green level). Above that, if the waves support, the bull trend resumes.
Below the long trigger zone, every move up is only the correction of the correction, therefore, quite risky.
There is space to take the long side from here, though, so It may be a good opportunity for a good day trader. I'd definitely wait for H4/H1 to turn waves long.
The price may go to the weekly impulse base, but I would wait with the short until the market is trading below the weekly breakout. The reason is that at this phase, accumulation may kick in, with sudden ups and downs on the market.
What's is your opinion about this market? Fell free to share it!
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We may not know what will happen, but we can prepare ourselves to respond effectively to whatever unfolds.
Stay grounded, stay present. 🏄🏼♂️
Your comments and support are appreciated! 👊🏼
SOLANA // Will the correction reach 61.8?The daily short countertrend is valid, and the market has reached the correction fibo 50 level.
The question is: will it reach 61.8?
If the market can significantly break the last clear H4 breakout, it may have a chance.
If it turns up, and there is a significant (trigger) candle in the long trigger zone, my target is the weekly target fibo 200.
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Stay grounded, stay present. 🏄🏼♂️
Your comments and support are appreciated! 👊🏼
$SOL Short-Term Pain Ahead CRYPTOCAP:SOL price broke to the downside of the 50D SMA
Bearish Crossing from the 20D MA ahead.
Needs to hold critical support at $190 / .786 Fib
Another bearish day could dump CRYPTOCAP:SOL to $175 / .618 , and if that doesn’t hold the move should finish at $165 / 50% level.
RSI shows more downside for confluence.
What I Expect Through The New Year Absent A Government Shutdown.Traders, minus a government shutdown, I do expect another altcoin pump. However, the possibility of a shutdown is throwing a big wrench into my thesis. We'll talk about how price action would look in both scenarios as well as discuss the new crypto cycle rotation. You should get to know this new rotation to remain most successful in your trading.
As always, we'll start with the DXY, VIX, SPY, and NVDA and discuss future direction and what it means for our crypto space.
$SOL full correction complete
As far as I'm concerned, TRADENATION:SOLANA has bled enough and we've hit the bottom in this case too.
I don't expect us to go any deeper and possibly just a retest.
First target 1,618 at around $335.
It's time for the bulls to take over.
Be kind to the world and each other!
SOLANA Are you ready for $385?Solana / SOLUSD has been underperforming since the November 22nd High, breaking even under the 1day MA50.
Even though this is not ideal (especially compared to the gains that Bitcoin shows), it isn't a situation that SOL hasn't faced before.
As you see it is repeating the post Channel Down correction of July-August 2023, which also crossed under the 1day MA50 but then recovered and rebounded to the 2.0 Fibonacci extension and beyond.
Buy and target $385.
Previous chart:
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My Solana Idea in Bearish Scenario - Simple, Not ComplicatedHello there, this is a simple drawing which does have a bearish bias.
I wanted to draw the horizontal support and resistance levels given price history, identify any meaningful trend lines, and identify some criteria for invalidation of the bearish scenario.
I want Solana to pump as much as we all do - but I needed to try and validate my feelings here that getting out above $200 may be wise.
Enjoy.
SOLUSD – Bounce or Breakdown? Time to ChooseCurrently trading at 204.52, Solana’s sitting just above a key white box support zone between 193–203, which is shaping up as a strong bounce location. The upward trendline remains intact, keeping the bull thesis alive, but here’s the deal: lose support at 193, and things could get ugly fast. That 193 area aligns perfectly with the 0.236 Fibonacci retracement, making it a do-or-die level for the short-term bulls.
Right now, the setup is giving double-top vibes, and we need to see strength here. A breakout and close above the weekly ATH is the green light we’ve all been waiting for. Stay focused—SOL still has the fundamentals: a thriving ecosystem, killer tech, loads of users, and insanely low costs. Long-term, the outlook is solid as the blockchain itself. 🌱
But let’s not sugarcoat it—if we break 193, brace for impact. Expect aggressive downward pressure, with price likely testing the trendline and possibly wicking down to 157 (the 0.382 Fib retracement). That’s where buyers could step back in.
TL;DR:
Support: 193–203 (white box, 0.236 Fib).
Resistance: Weekly ATH needs snapping for continuation.
Bear Scenario: Below 193 → pressure to trendline, potential wicks to 157.
Bull Target: 411 long-term with an R:R of 5.4.
The uptrend is alive, but this is where SOL needs to show it’s got legs. Don’t sleep on the bounce, but manage your risk—because if it breaks, the fallout could be real. Keep your stops tight and your conviction tighter. 🧠📈
SOLANA // idea for both directionsThe daily short countertrend is valid, and the market has reached the correction fibo 50 level.
The question is: will it reach 61.8?
If the market can significantly break the last clear H4 breakout significantly, it may have a chance.
If it turns up, and there is a significant (trigger) candle in the long trigger zone, my target is the weekly target fibo 200.
———
We may not know what will happen, but we can prepare ourselves to respond effectively to whatever unfolds.
Stay grounded, stay present. 🏄🏼♂️
Your comments and support are appreciated! 👊🏼
SOL/USD: Will Solana Blast to $400 or Dive to $70?Hey Mindbloome Family, let’s talk about Solana—it’s at an important spot right now. Here’s how I see it playing out:
If Solana gets to $202, it could really take off and head for $400 or more.
If it dips to $155–$160, there’s still a chance it bounces back from there.
But if $155 doesn’t hold, we might see a deeper drop to $65–$70.
Wellness Tip: Remember, it’s not just about trading—taking a short break or stepping outside for some fresh air can help you stay sharp and focused.
If you’ve got questions or want to chat more about this setup or trading in general, check out my profile or send me a DM. I’m here to help and share what I’ve learned.
Kris/Mindbloome Exchange
Trade What You See