my BEARISH expactation for PEPE/USDTwe see on the weekly a big head and schoulders formed. the neckline broke en retested 2 times! i believe it time to go heavy short because a big cvrash is coming ( believe it or not) it wil first pull up a bit to.... 0.5 / .618 fib ? not sure, i prefer ro short t the 0.5, not to big leverage ( max 20) and protect as soon as possible and enjoy the free ride, ------ its a +-83% drop if it goes that low -----.
enjoy. en lets hope for the best.
Solusdt
Ducks in A Barrel Long Setups - BTC, SOL, TON & PADISCLAIMER: This is not trade advice. This for educational purposes only to show how I am looking to participate in these markets. Trading involves significant risk, do your own homework and due diligence.
Ducks in a Barrel Weekly-Daily Strategy
LONGS: BTC, SOL, TON
SHORT: PA
LONGS:
The crypto market is overall in a strong up trend based on weekly MA's sloping up. We see that BTC, SOL & TON are undervalued vs the price of Gold and Treasuries, and are oversold on stochastic. If we see a trend change to the upside on the Daily chart, I'll look to long these markets. I admit, I'd like to see sentiment more bearish, as currently sentiment is in the middle of the road. Perhaps one more flush to the downside would create some panic and bearish sentiment, which would make this trade idea even more valid.
SHORTS:
Palladium is in a strong weekly downtrend. Right now we are overvalued vs treasuries, but not yet overvalued vs gold or overbought. I'd like to see this market get overbought & overvalued vs gold to qualify looking for shorts on the daily time frame.
Good luck & Good trading.
SOL Near Term Retest Move !Sol dropping recent days. But probably price reached to support with $132 for a while.
Price has lost mid term white uptrend channel for the first time past days. Price didn't close any days under this white uptrend channel for almost 7-8 months. But now it failed there as daily close.
That's why currently i believe that retest move will come with upward momentum and then price will continue to downward direction because of it lost its important uptrend channel.
Retest zone points to $148.5 - $150 area. We can see this region in few days.
SOL / SOLANA🔍 SOL/USDT Analysis: 15-Minute Timeframe 📉
The SOL/USDT chart on a 15-minute timeframe highlights significant upcoming times where price movements may present trading opportunities. For short-term, intraday, or scalping trades, these signals can be crucial.
• August 30, 2024, 22:15, August 31, 2024, 08:45 - Red Lines: These times mark potential local peaks. Traders might consider these as moments to take profits or reduce exposure, as the price could encounter resistance or a downturn.
• August 30, 2024, 13:15, August 31, 2024, 04:00 - Green Lines: These times indicate potential local lows, providing favorable conditions for accumulating SOL or entering long positions.
Note: The exact timing of these phases can vary by +/- a few hours. All times are based on UTC-7 (Los Angeles).
SOL Monthly ChartSince we're at the end of the month, it's time to look at the monthly charts.
When we look at the price on the monthly chart, we can see that it has settled nicely into these two uptrend channels. Now, let's examine these channels.
Uptrend Channels
The upward momentum that started with the lower channel touch from $8 has brought the price to the middle region of the upper channel. After being rejected there, the price has been holding the lower support of the upper channel for the past 6 months.
Looking at the current situation, the price is standing below the lower support of the upper channel. If it can't close above $160 this month, it will have closed within the lower channel.
If the price can reclaim $160 within the next 2 days before the month ends, the next target would be the middle line of the channel. In this case, we can target the $320 region as the middle line. This is because after holding the lower line of the upper channel for 6 months, the price would start to gain momentum and head towards the middle line of the channel.
However, a close within the lower channel would make the situation more bearish and in this case, we could even target the lower support of the lower channel in the near to mid-term.
GAP
With last year's rise, the price left a GAP, as you can see in the red box. To fill this GAP, we might witness the price moving roughly between $60-$120 for a few months after a crash movement.
This GAP-filling area would also mean that the price accumulates between the lower line and the middle line of the lower channel. Later, when the price tightens there for a few months, the upward movement could restart in 2025.
#SOL/USDT#SOL
The price is moving in a descending channel on the 4-hour frame and is sticking to it very well and is expected to break it upwards
We have a bounce from a major support area at the lower line of the channel at a price of 140
We have a downtrend on the RSI indicator which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 142.20
First target 149.31
Second target 152.89
Third target 156.31
SOLANA Update - About to get BEARISH?SOLANA (SOLUSDT) looking weak here.
SOLANA has hit the Trailing stop loss at $154.8 and I have closed my LONG position as per the Risological swing trading indicator.
If the current 4H candle closes in red, I will look for fresh SHORT opportunity.
In any case, Iam ready to catch the right trend and trade.
Market is looking weak right now, though that might change in just one reversal candle.
Cheers and all the best.
The key is whether M-Signal can maintain its alignmentHello, traders.
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Please also click "Boost".
Have a nice day today.
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(Renko 1D chart)
Among altcoins, the number of coins showing upward movement as above is increasing.
In order for a block to be completed, it must rise by more than a block unit.
In the chart above, the rising block is completed only if it rises by more than 5.2.
Otherwise, if it falls below 4.8, the rising block disappears.
In this way, the Renko chart can be said to be a suitable chart for checking trends.
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(SOLUSDT Renko 1D chart)
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(SOLUSDT 1M chart)
(1W chart)
(1D chart)
If you look at the 1M, 1W, and 1D charts above, you can see that the 147.74, 168.41, and 179.89 points are important.
Therefore, if it fails to rise above 168.41, it is important to find support near 147.74.
-
Due to this rise, it seems that the M-Signal of the 1D chart > M-Signal of the 1W chart > M-Signal of the 1M chart has changed.
Therefore, this time, it is important to see whether it can be supported near 147.74 and rise above 179.89.
-
Accordingly, it is a buying period depending on whether it is supported near 147.74, 168.41, and 179.89.
The stop loss point is the HA-Low indicator.
The current HA-Low indicator points are
1M: Not yet created
1W: 13.81
1D: 148.28
as above.
Since the HA-High and HA-Low indicators are created according to price fluctuations, it is recommended to check the 1M, 1W, and 1D charts together.
-
Have a good time.
Thank you.
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- Big picture
It is expected that the real uptrend will start after rising above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
Since I think it can create a new trend in the overshooting section, I need to check the movement when this section is touched.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to create a pull back pattern and start after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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#SOL/USDT#SOL
The price is moving in a descending channel on the 1-hour frame and is about to break upwards
We have a trend to stabilize above the moving average 100
We have a downtrend on the RSI indicator that supports the rise by breaking it upwards
We have a major support area in green at a price of 136.50 from which the price rebounded
Entry price 139
First target 144
Second target 150
Third target 156
Bull Market in Alt Coins 2023 - SOLUSDTIn 2023, the altcoin market, particularly Solana (SOL), saw significant movements influenced by a variety of factors, including technological advancements, market sentiment, and broader economic conditions.
Key Points of the 2023 SOL/USDT Market:
Technological Developments: Solana continued to enhance its blockchain, emphasizing speed and scalability. These improvements attracted developers and projects, further solidifying its position as a leading smart contract platform.
Ecosystem Growth: The Solana ecosystem experienced substantial growth with more decentralized applications (dApps), decentralized finance (DeFi) projects, and non-fungible token (NFT) platforms choosing to build on Solana due to its lower fees and faster transaction times compared to Ethereum.
Market Sentiment: Throughout 2023, market sentiment towards Solana was generally positive, driven by its strong ecosystem development, strategic partnerships, and the growing adoption of blockchain technology. However, like many altcoins, SOL's price was also influenced by broader market trends and Bitcoin's performance.
Price Performance: The SOL/USDT pair experienced significant volatility, typical of altcoins. However, during bull market phases, SOL saw impressive gains, reflecting investor confidence in the project's long-term potential.
Regulatory Factors: As with the broader crypto market, regulatory developments had an impact on SOL's price. In some regions, favorable regulations helped boost investor confidence, while in others, stricter rules led to temporary pullbacks in price.
My technical analysis script effectively detected key entry and exit points in the market by analyzing various indicators and patterns. It identified optimal entry points where momentum and trend signals aligned, suggesting potential profitable trades. Similarly, it detected exit points based on overbought or oversold conditions, divergence signals, and key resistance or support levels. These insights allowed for strategic decision-making, helping to maximize gains and minimize risks in the trading process.
SOLUSDT 15M🔍 SOL/USDT Analysis: 1-Hour Timeframe 📉
The SOL/USDT chart on a 1-hour timeframe highlights significant upcoming dates where price movements may present trading opportunities. As always, it is crucial to analyze these signals in conjunction with higher timeframes for a more comprehensive understanding of the market.
• August 24, 2024, 01:15, August 24, 2024, 15:30, August 25, 2024, 01:30, August 25, 2024, 21:30 - Red Lines: These times mark potential local peaks. Traders might consider these as moments to take profits or reduce exposure, as the price could encounter resistance or a downturn.
• August 24, 2024, 06:45, August 24, 2024, 21:00, August 25, 2024, 10:15 - Green Lines: These times indicate potential local lows, providing favorable conditions for accumulating SOL or entering long positions.
When working with this 1-hour timeframe, keep in mind that these movements should be evaluated with a global perspective, considering higher timeframes to better grasp the overall market trend.
Note: The exact timing of these phases can vary by +/- a few hours. All times are based on UTC+3.
SOLUSDT🔍 SOL/USDT Long-Term Analysis 📉
The SOL/USDT chart provides a long-term forecast, highlighting significant dates that may present key opportunities for strategic moves in the market.
• April 22, 2024 - Red Line: This date marks a potential significant peak in the market. Traders might consider this as a critical moment to take profits or reduce exposure, as the price could encounter resistance or a downturn.
• March 16, 2026 - Green Line: This date indicates a potential significant low, offering favorable conditions for accumulating SOL or entering long positions, anticipating future growth.
Note: The exact timing of these phases can vary by +/- a few weeks. This forecast is based on the current long-term model and should be used in conjunction with other analysis tools to confirm market trends.
SOLUSDT Rectangle Pattern FormationSOLUSDT Technical analysis update
SOL has been forming a rectangle pattern for the last 170 days. The price is now approaching the rectangle's resistance, indicating a potential breakout. If the breakout occurs, we can expect a strong bullish move in SOL, with the price possibly reaching $500 in this bull run.
In day chart 200 EMA act as a good support for SOL
A similar pattern formed at the bottom, where the price stayed within a rectangle for 280 days before breaking the resistance and surging 600%. We could see a similar move once the current rectangle is broken.
Regards
Hexa
Solana : WHICH WAY Could it go??Solana was one of my TOP PICKS for alts in 2024.
Second to Ethereum, the SOL space keeps growing as more and more dApss are being built on SOL. The market cap for Solana is looking healthy, after recently peaking at $93B:
This is an incredible achievement, and I expect the market cap to continue to grow in the longer time. Naturally, we can expect SOL to continue growing when the price of BTC starts another impulse wave up. My thoughts on that HERE👇:
Until then, don't lose hope just yet! December is usually a great time for the crypto markets.
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CRYPTOCAP:SOL COINBASE:SOLUSD
SOLUSDT - Patience During technical analysis of SOLUSDT, it has shown that this is time to exercise one of the most crucial lessons to learn in trading, PATIENCE.
There is absolutely ZERO need to be entering trades every time you believe you know the correct direction.
Right now the chart is showing the perfect example of why you need to ALWAYS WAIT FOR THE CORRECT SETUP before entering your trade.
I know it's exciting and easy to get trigger happy when entering trades but, PATIENCE, the time will come, and if it doesn't it wasn't meant to be.
FOLLOW YOUR STRATEGY!
SOL - Flirting with support and resistance. SOL trades around $143.2, just above 4HR 50MA, however failing to provide a decisive break and retest of $143.5-$144… Being short since last week, I’m still expecting lower prices as my bearish bias is yet to be invalidated. Closing above $147-$149 could signal strength and would be my first bullish signal.
Sol/Usdt IdeaSol/USDT is currently experiencing difficulty in demonstrating any bullish momentum. We may anticipate a minor decline in the price of SOL before a potential upswing. Please note that this communication does not constitute financial advice. Conduct your own research (DYOR) before making any investment decisions.