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Solbtc

Ethereum terms apply. Do not rush.The domino effect applies. BTC+ ETH+ rise ALLCOINRise BTC+ ETH+ down ALLCOINDown We compared it to Ethereum. But Ethereum is not. Solana, Ethereum Classic, Neo, Ada,Dot, etc. as smart contracts. They will leave it in the middle like a doge coin. I will not let anyone else destroy the tower. Me and my team will destroy it personally. This pain is unbearable. It will not fall. It will crash. Identify non-falling places. We're going to lower it. Good luck with our new Doge coin. Lots of gains. Trading Cycle |Optimism. Slowly, without fear. without pain, We're planning to explode it at once. 3 times more than in the past. We will enter such an open position. that there will be no such thing as Stop. Is the decrease 10%, 15%, 20% or 25%? 50%? %80? Let it rise, let's fall harder. Open your way up. Get harder, get tougher. If Ethereum goes down, don't pity any coin. (SHORT) Fire Everything. (SHORT) The fire is close to extinguish. Throw wood on the fire. (SHORT) You saw that the fire was going out.(LONG) This time, pour Water on the Fire. (LONG) Plant Saplings in the Ashes. (LONG)
FTX:SOLPERP
by TraderEtc
2
Crypto Catastrophe Planning (Sol, Luna and ADA/Cardano)I have spent some time looking at the dollar (DXY, see the linked Idea please) and it has a lot of upside potential based on some simple TA on the monthly time frame. Based on that potential prolonged dollar strength I think some crypto Crypto Catastrophe Planning is in order. Last bear market one of my favorite analysts, Francis Hunte, called his XRPBTC short the gift that keeps on giving due to its continued downtrend trend on the weekly. Of course you don't get the same gains perhaps as being in and out of bounces on XRPUSD but you save yourself a lot of mental energy from the chop up and down that we see below. XRPUSD rallied less than BTCUSD, which means a red day/weeks for XRPBTC, and it dumped more than BTCUSD, which means another red day or week for XRPBTC. An entry within the blue triangle of XRPBTC looking for a break down would have been very profitable for the patient. If we take the same idea for our catastrophe planning we would be looking for structures that we can play technically for entries that could pay out for the next six to nine months, or even longer. Cardano is in a rising wedge with three touches on the support and 2 touches on the top. That gives us a structure to play very technically. SolBTC has popped out of a rising wedge. That is very much blow off top behavior and often we see price action find tenuous support on previous resistance before falling through the wedge. Then price action has a chance to turn previous wedge support into resistance. I have taken a short on ADAUSD due to the weakness I see on the daily chart for both ADAUSD and ADABTC with a stop loss taken at the high. I have two flat topped red HA candles and I will be looking for the wedge break down. If I see the ADABTC wedge breaking down I will put on a ADABTC short SOLUSD is likewise popping out of its rising wedge but hasn't shown the weakens I want for a short just yet. There is a pregnant HA candle so I could go in with a sell stop but Imma hold off SolUSD and SolBTC shorts for now LunaUSD looks very primed for a move to the downside. It is in a rising wedge and has bearish divergence on the 8 hour time frame. Once we see some downward movement we can evaluate if we think it will be prolonged or perhaps continue to chop. I am holding off on shorting for now.
Short
by This_Guhy
SOL/USD - Time to be careful on Solana! 🙃As you can see from this simple chart, Solana appears to be at the end of wave 5 in a beautiful Elliot Wave structure. Once this structure is completed, expect a correction, maybe an ABC towards our support around $50. I don't exclude another green week, but this is not the time to buy. This is when you slowly secure profits and sell. The waves are perfect both on USD and BTC pair, so there are no divergences here. Chart is pretty clear. On daily, MACD is starting to curve down, if we have a bearish cross that is your last signal to exit. Because holding then has no point unless you play the long game. For now best to be cautious and use your cash for better opportunities. SOL already gave us an amazing rally. Like and follow if you liked this idea!
S
by DU09
6
Solana (SOL): Massive Upside PotentialIn this post, I'll be taking a technical approach to Solana ($SOL) . Disclaimer: This is not investment advice. This is for educational and entertainment purposes only. I am not responsible for the profits or loss generated from your investments. Trade and invest at your own risk. Analysis - Solana is currently ranked #6 in terms of market cap, with a size of $58B. - It is a rising platform that is arguably more efficient and cheaper than existing ones. - Looking at the technicals, there are three main points that I found to be very bullish: - First, we broke through the trend line resistance that connects the higher highs. - Also, despite the massive price dump that took place across the entire crypto market yesterday, Solana has managed to maintain its momentum. - Third, the volume continues to increase as we trend upwards, demonstrating confidence from buyers. - The moving averages are also aligned in order, indicating that the overall uptrend on the longer frame is intact - Counting waves, we can see that we are currently in the midst of the fifth impulse wave. - Based on fibonacci retracement levels, we could expect strong resistance around $250, with a target up to $770. If you like this analysis, please make sure to like the post, and follow for more quality content! I would also appreciate it if you could leave a comment below with some original insight.
FTX:SOLUSDLong
by Michael_Wang_Official
10
CHAINLINK 2.0This coin went up 200x from 0.5 to 100$. that's literally 200x. People are fomoing in right now and institutions who bought low will sell and take profit. DO NOT SHORT LEVERAGE THIS!! take profit if u bought at 25-50$ u sitting with massive gains.. at worst case it could hit 150$. usually when coins go up this much they will tank 30-50%. How do i know this well the circulating supply is high and its not like KUSAMA with low supply circulating. Look at chainlink with almost same supply it did 100x during bear market and tanked. Its better to take profit with 10-20x and find new coin who has not pumped yet then waiting for more gains with a coin who went 200x. under 1 year.
Short
by CringeCrypto
2
Solana (SOL) - August 30Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (SOLUSD 1W Chart) There is virtually nothing to tell from this chart. However, if the price is maintained above the 19.0361979-24.561629 range, it is only expected that the upward trend will continue. (1D chart) It remains to be seen if the 92.6102571-97.1808402 section can find support and move up. If it goes down, you should see support above the 83.4690903 point. ------------------------------------- (SOLBTC 1W chart) If the price holds above the 0.0004228 point, it is expected that the uptrend will continue. In particular, if the price is maintained above the support zone formed near the 0.0008297 point (0.0006121-0.001), it is expected to create a new wave. (1D chart) It remains to be seen if the price can sustain above the 0.0019318 point. If the price continues to rise above the 0.0019318 point, I would expect it to re-direct in the 0.0021402-0.0022444 range. If it goes down, you should check to see if it finds support in the 0.0016193-0.0017235 area. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** See support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. Explanation of abbreviations displayed in the chart R: A point or section of resistance that requires a response to preserve profits. S-L: Stop Loss point or section S: A point or section where you can buy to make a profit as a support point or section. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day. G1 : Closing price when closed G2: Opening price (Example) Gap (G1-G2)
BINANCE:SOLUSD
by readCrypto
2
Solana Potential Elliott 5 Wave Impulse Structure to $1300?Hello, As shown in the chart, Solana seems to be on path to $1300 ish... I say ish because the 5 wave can be longer or shorter than the 3rd. BUT, in crypto time and time again we have seen the 5 wave get overextended depending on market conditions (bullish conditions for the market to end 2021). So it is completely possible we see the 5 wave exceed the 3rd, which was roughly a 6000% return. Solana is extremely hard to chart, given that we have next to nothing concerning price history. However, in crypto the newest projects with hype tend to surpass all expectations, most likely because of this exact fact. If the project is new and backed with hype, traders and speculators have nothing much to go off of. With that being said, the only real possible thing to project price within the current structure could be a massive Elliott impulse wave. Will be interesting to see how this plays out! - CA$HLESS
BINANCE:SOLUSDLong
by CASHLESSSOCYS
SOLUSDTSOLANA is UNDERVALUED !!! Solana is 1/10 cryprocurrency that functionality is only scaming people for they BTC´s .. Technical #On 1day candles we can see strong bullish trend & i think in 2-3 months still remaing to new ATH will be discovered BINANCE:SOLBTC #In short term I think we will see bullish scenario on SOLBTC .. we can se descending wedge on 1HRS that can be start for strong push ... After that push we can be on new ATH& price discovery mode Fundament #Solana -is the right crypto for defi&nft&smart contracts , its fastest block chain that use innovative technology named "proof of history" ... One block is done in awesome 400ms . ...and thats not all . Solana its has also verry cheap fees ... i am looking on solana´s new webpage and its about 0,00025$ My view --- >SOLANA is a relatively young network, but it is growing really fast. Whether we are looking at her marketcap or collaborations ... Solana's founder Anatoli Yakovenko started creating this blockchain because other cryptocurrencies seemed too slow & fees too high / God bless him. / We will see in next mounts , how far Solana can go together with Developers who are leaving other projects, becouse they dont want to be limited with longerlimited by time-consuming transactions & high fees. TO THE MOON --- > Thank you for reading my late night idea :i am going to bed .... ×××××ZZZZZ P.S.: *Iam full of hope about Solana project ... for main opinion it will be soon NO.3in marketcap ... Iam holding those coins for next 3-5months & also acumulate after all consolidations are good for BITCOIN coast averaging ... see you ..
Long
by Chlvx187808
4
Possible scenarios in SOL after a 65% jump in 7 daysIf you find the analysis useful, please like and share our ideas with the community. Any feedback and suggestions would help in further improving the analysis! Quick glance: SOL is currently facing some major profit booking, days after reaching a new ATH. We recently saw a huge bump in volumes. However, since then we saw a slight consolidation followed by a heavy profit booking. Market in the last 24hrs The past 24 hours saw the selloff reducing a bit, as the body of the candle is small. It indicates a bit of indecisiveness. Today’s Trend analysis If we take a look at the Money Flow Index, we can witness that SOL is in the highly overbought territory. It is not exactly sustainable and we are likely to see some profit booking. This rally was impending in SOLANA for a long time as it was in a major consolidation for quite some time. SOL went up more than 65% for the week. A prudent decision at this point would be to wait for a pullback and a consolidation. If after the consolidation, SOL starts rising on the daily, we might look at another buying opportunity. In case it falls again after the consolidation, we would know that SOL hasn’t found support yet and a deeper correction might be pending. Price volatility remained high at approximately 7.26%, with the day's range between $70.33 — $75.44. Price at the time of publishing: $72.80 SOL’s market cap: $21.03 Billion Out of 11 Oscillator indicators, 8 are neutral, 2 are bearish and 1 is bullish. Out of 15 Moving average indicators, 1 is 'NEUTRAL', 1 is bearish and 13 are bullish. Indicator summary is giving a ‘ BUY ’ signal on SOL. Volumes have decreased over the past 24 hours. ---------------------------------------------------------------------------------------- The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 24-hour candles. Note: Above analysis would hold true if we do not encounter a sudden jump in trade volume . ---------------------------------------------------------------------------------------- Keep supporting:) -Mudrex
Short
by Mudrex
4