SOL :Analysis combined with strategy training📊 There are three golden points hidden in this analysis and position, which were designed according to my own strategy.
Tips: 🎯
First point: 1️⃣ When the trend line breaks from the ceiling, it is better to wait for a pullback.
Second tip: 2️⃣ When we are in a strong upward trend, we should wait for its second leg.
Third point: 3️⃣ from where the powerful candle started, wait to return to the previous broken candle.
🎖️ These tips have been backtested and livetested over several years and this strategy has been prepared, so look more carefully at the previous analysis.✨
Solusdtlong
SOL 4HR REACCUMULATION Solana has almost left it's 4hr reaccumulation trading range.
The expectation now, if it is to continue bullish will be a break of structure to the upside,
a short continuation above the BC(buying climax) and AR(automatic rally) before a slow pullback to mitigate the AR area.
If solana achieves these steps we will expect an explosive move from the AR region on the lower timeframes and a large move on the 4hr to at least $144.
We must bear in mind that all of these steps need to occur and that there is no guarantee that the "composite man" will not initiate a sharp move back down into the trading range to shake out more retail.
We also must consider the monthly, weekly and daily possible targets and the supply regions on these timeframes. There are so many factors to consider because so many unmitigated areas and liquidity zones remain below the trading range.
We must be mindful that traps are how the big players take us out so wait for these traps to occur before we enter in line WITH these big players. To be too early or too late is going to be a loss. Watch the institutional candles and enter after the mitigation of these.
Don't chase the pump or you will be the liquidity to fuel their move higher. For now their intention is up once they break this structure upwards. As always, wait for their moves first, keep risk low and remember this is their business and they do not want you to participate. Taking all retail out to fuel their moves is how they play. Always backtest Wyckoff thoroughly before trading it.
Solana - I hope it doesn't play out like thisI'm really hoping it doesn't play out this way, I would much prefer the accumulation and the bullish scenario, I think we all would. The thing that concerns me though is that the measured move from the high we just put in perfectly lines up with the bullish weekly OB and the monthly FVG, so stay on guard here and be careful
Solana Bullish Scenario EW & Wyckoff AccumulationI think this is the best case scenario for Solana right now on a larger time frame. It's worth noting that I'm not totally confident that it's going to play out this way, however it's worth noting these levels anyway because they will be significant eventually regardless
Check out my other posts for all of the potential scenarios I could see playing out
SOL BUY Setup SMC or SRMHey guys,
In this position we'll BUY SOLUSDT on 93.88$, TPs is liquidity levels that shown with $$$, and $$$$. My good TPs are 105.80$, and 106.49$ with R/R above 11 and 12 :)
SL that shown on chart.
Follow me and be update and relax.
One Setup for All of your Life \(^*^)/
just for laugh! Please be careful and rely on your investment money management plan.
My suggestion is 2-5% of your balance.
Solana Bullish Until February 20thThis is the bullish scenario for Solana right now
From here to 125.84 supply & extension on wave 1. that's gonna be wave 3. Either there or the 1.618 at 128.08
Afterwards we retrace back down to the top of wave 1 at 106.56 and from there make one last push up into this daily FVG at 146.16
$146.48 is also the bearish OB that broke structure causing the bear market and a major SFP
February 20th major macro fib time would line up with the top of wave 5
See comments for additional confluences
SOL SOLANA SOLUSD Update Jan 25 2024Sharing Solana update here from TTR:
I havent updated SOL since after I took nice profits on it.
Here is a potential wave 2 setup down, which should bottom around April or May.
It seems that ABC down is in play now, with A being in place on that 23rd Jan low, or it can be printed anytime now, not later than the end of the month or so.
The B wave is expected to hit around the middle of Feb, and the C wave down into the Apr low
- B wave target is 108-116
- C down should bottom at or below 68.50
I will update the bull targets when we are near the C wave low.
Everyone should be making money on all of our crypto updates; just don’t use any leverage and options!!! As the timing is always an issue, the best way is to accumulate when the price is going down at support levels and hold for the rally to begin.
SOL/USDT Market Correction OpportunitiesWe are considering a scenario involving the decline in the SOL's value and the initiation of asset purchases.
It is worth noting that the current correction to the $79.60 level represents a deviation of more than 37% from the prevailing local peak at $126.21. The price movement chart within the descending channel during the correction indicates a reduction in investment activity and profit-taking.
Given the anticipated continuation of the downward trend and considering the potential attainment of price levels around $70 and below, we are contemplating the possibility of strategically re-entering positions in SOL to optimize the portfolio and capitalize on market conditions in our favor.
SOLUSDTSOLUSDT is trading in symmetrical triangle pattern. The price was reacting well the support and resistance of triangle.
Currently the price is trading at the apex of the triangle and is about to give the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 126.
What you guys think of this idea?
Sol/USDT: Preparing for a Bullish Move
The Sol/USDT pair is currently exhibiting signs of price accumulation within a defined zone. Based on my analysis, there are indications of a significant upward movement in the near future. Specifically, the 8-hour time frame appears strongly bullish, suggesting a potential rise of 25-40% for Solana's price in the coming days.
Please note that the information provided here should not be considered financial advice. Remember to conduct your own research and consult with a professional financial advisor before making any investment decisions.