How to Chart SOL Price: Step by Step Guide.

That's me a few months back. I was staring at my phone, SOL spiking from $150 to $180 overnight, and I had no clue where to start. Felt dumb. But now? I chart it daily. It's not rocket science. You just need the right spots and a bit of practice. We'll walk through it like I'm right there with you, screen sharing.

In my experience, the best way to learn charting SOL is hands on. Don't just read-open a chart while we go. Grab TradingView first. It's free, no BS signup needed for basics. Why TradingView? Everyone uses it. Clean, fast, and crypto native. Head to tradingview.com, type SOLUSD in the search bar up top. Boom. Chart loads. That's your SOL price against USD. Pretty much instant.

First things first: pick your timeframe. Don't overthink it.

Zoom out to the 1-day candle. See those green and red bars? That's candlesticks. Each one shows open, high, low, close for that day. Green means it closed higher than it opened-bullish vibe. Red? Opposite. I usually start here to spot the big picture. Is SOL in an uptrend? Making higher highs and higher lows? Or crashing with lower lows?

Now, switch to 4-hour or 1-hour if you're day trading. Shorter timeframes show the noise. The thing is, newbies zoom in too much and freak out over tiny wiggles. Step back. Why does this matter? Trends on daily confirm what you're seeing intraday.

Quick fix for noobs: how to read a candlestick without losing your mind

  1. Body: fat part. Green body = buyers won that period.
  2. Wicks: skinny lines. Top wick = sellers pushed back from highs. Bottom = buyers defended lows.
  3. Doji? Tiny body, long wicks. Indecision. Market's like, "Uh, which way?"

Sound familiar? Yeah, first time I saw a hammer-long bottom wick-it screamed "buy the dip." Test it: find one on SOL's chart from last week.

Layer on the basics: support, resistance, and why they save your ass

Okay, draw lines. Horizontal ones. Find where price bounced up multiple times-support. Bounced down? resistance. On SOLUSD daily, look around $150 lately. That's been support. Price hits it, bounces. Breaks below? Uh oh, next support maybe $130.

How to draw 'em? Click the line tool on left sidebar. Drag across touches. I usually do 3+ touches to call it real. Blue below price for support, red above for resistance-like that cheat sheet thing traders use. In my experience, SOL respects these 80% of the time. Break with volume? Big move coming.

  • Tip: Use 50% retracement. Fibonacci tool-drag from swing low to high. 0.618 level? Magnet for pullbacks.
  • Another: Volume bars at bottom. Spike on breakout? Legit. No volume? Fakeout.

Potential issue: choppy markets. SOL sideways between $170-180? Lines blur. Solution? Zoom out to weekly. Bigger picture wins.

Add indicators. But not a million. Start with these three killers.

Click the indicators button-looks like Fx. Search these:

1. Moving Averages (MA). 50-day and 200-day. Golden cross? 50 crosses above 200-buy signal. Death cross? Sell. SOL had a golden cross back in late 2024, pumped hard. I usually watch 20 EMA on 4H for entries. Price above? Bullish.

2. RSI (14-period). 0-100 scale. Above 70? Overbought, might dump. Below 30? Oversold, buy opportunity. Why? Measures momentum. SOL hit 85 last month-sold some, made bank. Divergence? Price new high, RSI lower high? Reversal coming.

3. MACD. Histogram and lines. Line crosses signal up? Bullish. I love this for breakouts. Crossover with volume spike = enter long.

Don't stack 10. Confuses you. These three cover trend, momentum, overbought/oversold. Honest talk: indicators lag. Price first, always.

Step by step: charting a breakout on SOL. Real play by play.

Let's say SOL's coiling at $179 resistance. Here's exactly what I do.

  1. Pull up SOLUSDT on Binance or Bybit chart via TradingView. Why USDT? Stable pair. Fees ~0.1% spot, 0.03% futures.
  2. Draw trendline. Connect lows. Price hugging it? Uptrend intact.
  3. Check volume. Rising? Good. Flat? Wait.
  4. Spot pattern. Bullish engulfing? Big green candle swallows red one. Hammer at support?
  5. Confirm with MACD/RSI. Bullish cross? RSI dipping below 50 then up?
  6. Enter on break. Price closes above resistance + volume. Buy limit just above, or market if momentum nuts.
  7. Stop loss 3-5% below breakout level. Say $179 break, stop $172. Risk 1% account per trade.
  8. Take profit. Next resistance, or 1:2 risk reward. $179 entry, $185 TP if risking $7.
  9. Trail stop. Once +10%, move to breakeven. Use MA as dynamic stop.
  10. Exit if fakeout. Retrace below break with volume? Out immediately.

Did this last week. SOL broke $175, I longed at $176.50, out at $182. 3.5% gain, risked 2%. Gas? Negligible on Solana-~0.000005 SOL per tx. Fees ate 0.06% round trip.

Common screw ups and how I fixed 'em

But wait, charting ain't perfect. Here's where I messed up early.

Screw upWhat HappenedFix
FOMO entry no confirmBought top of wick, dumped 10%Wait for close above resistance + volume
No stop lossSOL flashed crashed to $140, bagheldAlways 3-5% max risk. Automate it.
Ignored newsMissed FTX vibes, SOL tanked 50%Check Twitter/X for Solana updates daily
Wrong timeframe1-min scalps wrecked by 1H trendMulti timeframe: daily bias, 4H entry, 15min fine tune

Look, SOL's volatile. 20% days normal. Paper trade first-TradingView replay mode. Replay past week, chart as if live. Builds muscle memory without losing shirt.

Advanced: spotting those sneaky patterns that print money

Once basics click, hunt patterns. Candlesticks first. Bullish engulfing on daily? Rare, powerful. SOL did one at $130 support-doubled from there.

Chart patterns next. Head and shoulders? Top in. Inverse? Bottom. Flags? Continuation. Measure targets: pole height added to breakout.

  • Bull flag: Sharp up, then tight range. Break up = go long.
  • Wyckoff schematics: Accumulation base. Price coils, volume dries, then markup.
  • Fair value gaps: Gaps between candles. Price magnets. Fill 'em.

In my experience, combine with Elliott waves for SOL. Waves 1-5 up, ABC down. But honestly? Waves are fuzzy on short frames. Stick to 4H+.

Tools beyond TradingView-level up your setup

TradingView's king, but..

Exchanges: Binance for spot/futures. Bybit for perps-0.055% fees. Kraken US friendly, low fees. Fund with USDT. Trading pair: SOL/USDT. Want leverage? 5-10x max, or you'll get rekt.

Mobile? TV app sucks less now. Dexscreener for Solana memes, but for SOL price? Centralized charts better.

Alerts: Set price > $180, RSI >70. Email or Discord ping. Saved me FOMO buys.

Free vs paid: worth it?

Free TV fine forever. Pro ($15/mo)? More indicators, no ads. I pay-cleaner multi charts. Side by side SOLUSD and SOLBTC. Correlation check.

What's next? Backtest. Replay 2024 SOL run from $20 to $250. Chart every breakout. Note wins/losses. Journal it. That's how pros think.

Risk management-'cause charts lie sometimes

Charts predict, don't guarantee. SOL's got macro baggage-FTX scars, inflation at 1.5-8%. Network outages? Rare now, but watch.

Rules I live by:

  1. Never risk >1-2% account per trade. $10k account? $100-200 max loss.
  2. Position size: risk / (entry - stop). $179 entry, $172 stop = $7 risk. $100 risk? 14 SOL size.
  3. Diversify. SOL 20% portfolio max.
  4. Take profits. 50% at 1R, trail rest.
  5. Sleep rule: No trades if can't sleep on it.

Shorting SOL? Futures. Borrow, sell high, buy low. Risky-unlimited loss. Stop tight.

Live example: today's SOL chart (as of early 2026)

SOL at ~$179, down 2% daily. Resistance $180-185. Support $170. RSI 55-neutral. MACD flattening. Volume meh. My call? Wait for $170 bounce or $185 break. No chase.

Play it: Set alert $170. If hammer + volume, long to $190. Stop $165. Easy 10% if right.

Strategies to chart around. Breakout? Chart levels. DCA? Ignore noise, monthly average. Day trade? 15min RSI/MACD.

Wrapping the practice-drill this daily

Every morning: 10 mins on SOL chart. Mark S/R, check indicators, note bias. Evening review: what moved it? News? Whales?

Your turn. Open TradingView now. Chart SOL. Find last breakout. Would you have traded it? Tweak stops. Mess up? Good-learning.

Hit snags? Volume not loading? Refresh, VPN if blocked. Fees high? Spot over futures. SOL gas dirt cheap anyway.

That's it. Charting SOL's addictive once it clicks. You'll spot setups everywhere. Text me your first win screenshot. Go crush it.