SOLUSDTPERP
SOL/USDT Price Prediction ®SOL Broke out of the descending triangle. We are looking bullish as of now if the RSI can stay above 54.64 we will remain bullish.
If the RSI drops below 49.06 we will most likely return bearish.
If we see a throwback and break below 11.4953 we will probably return bearish and drop between 10.3137 and 7.5305-
EMA 20 crossed the EMA 40 (2-hour time frame)
EMA 20 crossed the EMA 25 (1-hour time frame)
MA 50 below the chart (bullish) (4-hour time frame)
TP1: 17.6395
TP2: 19.3659
These are just my thoughts don't take this as financial advice. Like if you agree, any feedback is much appreciated :)
✳️Solana/USDT (13/11) View + Trading Plan #SOL $SOLSOL was rejected in2.3-2.4$ zone and returned to 1.8-1.9$ zone, which is also a good buy zone to wait for SOL to break back 2.3-2.4$.
If SOL breaks 2.3-2.4$ zone, it will move to 3$, 3.5$ or even 4.5$ in December.
But if the SOL falls out of the 1.8-1.9$ zone, it will plummet and the furthest target is the 1$ zone
📈BUY- LONG
-Buy: 1.8-1.9$, stoploss if B
-Buy more: 2.3-2.4$ if A, stoploss if B
📉SELL-SHORT
-Sell: 2.9-3$, stoploss if A
-Sell: 3.4-3.5$, stoploss if A
-Sell: 4.4-4.5$, stoploss if A
♻️BACK-UP
-Sell close to 1.8-1.9$ if B, stoploss if A
-Buy: 1-1.1$, stoploss if B
❓Details:
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
SOLUSDT - Ascending Triangle PatternOften a bullish chart pattern, the ascending triangle pattern in an uptrend is not only easy to recognize but is also a slam-dunk as an entry or exit signal. It should be noted that a recognized trend should be in place for the triangle to be considered a continuation pattern. In the above image, you can see that an uptrend is in place, and the demand line, or lower trendline, is drawn to touch the base of the rising lows. The two highs have formed at the top line. These highs do not have to reach the same price point but should be close to each other.
The buyers may not be able to break through the supply line at first, and they may take a few runs at it before establishing new ground and new highs. The chartist will look for an increase in the trading volume as the key indication that new highs will form. An ascending triangle pattern will take about four weeks or so to form and will not likely last more than 90 days.
How do the longs (the buyers) know when to jump into the issue? Most analysts will take a position once the price action breaks through the top line of the triangle with increased volume, which is when the stock price should increase an amount equivalent to the widest section of the triangle.
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