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Gainz

Solana Breakout PatternBINANCE:SOLUSDT BINANCE:SOLBTC On the left hand side we have Solana Bitcoin chart which formed ascending right angled triangle. Horizontal top of the triangle also formed nice resistance zone and SOL BTC price touched the resistance 4-5 times during the last 4 months. Hypotenuse of triangle is also forming nice support line with higher lows for SOLBTC price. This overall setup tells us that Solana is strong against BTC and this trend will follow until further breakouts (either upward or downward). I am expecting SOLBTC price to touch the resistance line again during the next month with a price target of 0.0043 SOLBTC. On the right hand side we have Solana USDT price chart which is trading on ascending channel starting from august 2021 and made several higher highs and higher lows during that time. On a shorter time period we see descending (red) channel which started formulating from early November. We have seen one price breakout from this red descending channel which touched our upper line around $240. The price also broke the channel on 24 December and I am expecting that the price will touch the upper line again around $260 during the next month. If the price breaks above this line then we can see new ATH prices. Overall I am bullish on Solana and will post an update if I see any reversal signs. Good luck and trade smart! (not a financial advice) Please like and share if you like my idea.
FTX:SOLUSDLong
by faridisayev
2
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Long
by Blayze
2
I think I'm crazy part IIDid a detailed analysis on the hourly chart of some pretty crazy similarities exactly almost a year ago down to similar price action only 1-5 days apart. Goes to show if you don't have a larger perspective anyone can be caught up in the clouds and not see the F****** world below. Zoomed out on the daily and what a view. We have similar impulse waves that in the beginning are about month apart, then end of wave 5 they are both 2 days apart. Time frame for first wedge puts the beginning to break down of wedge at 200 days. Time frame for 2021 at 199 days is Friday, March 26. We have similar movement in RSI in relation to where we are now and other highlighted circle in 2020. Parallel dotted trend lines in RSI shows they are exactly same levels. That's all folks, www.bloomberg.com
CME_MINI:ES1!
by moonman777
4