Get started

Solbtc

A First Look on SOL - Descending TriangleBinance has listed the SOL token! Solana is a high-throughput blockchain that is currently supporting 50–65k transactions per second and 400ms block times, without complex solutions like sharding or layer-two. As the world's first web-scale blockchain, Solana will unlock a whole new class of performant applications and facilitate larger scale blockchain adoption. Utilizing a revolutionary innovation called Proof of History, Solana is drastically able to outperform any other existing layer 1 and provide fees at $0.00001 per transaction. From a technical point of view we can see that the price immediately had a massive spike of 550% since its listing on Binance. Afterwards, we see the price has found some support and with several decreasing pumps after reaching this support area we can draw a nice descending triangle. This is usually a bearish sign, that the support is getting weaker. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only!
BINANCE:SOLUSD
by Trading-Guru
6
A First Look at the Newest Addition to Binance: SOLSOLBTC Just got listed on Binance. Sola is the next generation decentralized social platform that incentivizes and benefits all involved parties — users, third-party developers and the core team. The name Sola is an acronym for “social layer.” Sola is an open ecosystem, which means that most of its source code will be made open source and available for audit, improvement and usage by anyone. It is a cryptocurrency token and operates on the Ethereum platform. Sola Token has a current supply of 127,864,775 with 28,948,936.515 in circulation. We immediately got greeted by a 420% increase in its first hour. Extreme volatility is common for new listings. After the spike up we are seeing a small descending triangle forming. A first bearish sign for this pumped coin. Let's see what SOL has in store for us in the coming weeks! Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only!
by Trading-Guru
6