SOLUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
We're in global buy zone(15-10), good entry point for long-midterm deals.
2 possible scenarios on the chart,
orange if we will forming impulse in wave (c).
Yellow if we forming ending diagonal .
I'm tend more towards the yellow marker, because the orange implies a sideways movement in the supposed wave (iv) of (c) for another month and a half, which is too long for me.
Entry: market and lower (13-9$)
Target: 20 - 25 - 30 - 35
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
risk is justified
Good luck everyone!
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It's not financial advice.
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Open to any questions and suggestions.
Solusdtsignal
SOL USDT is on way to down 👑Hello TradingView community 🚀 and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
Today I want to talk to you about the SOL chart.
At the moment price break the structure.
Then, I think SOL breaks continue to move down to my goal.
My target is located at charts level.
I expect this scenario.
This is my opinion, I really hope it will be useful for you.
SOLUSDT ! Broke rising wedge pattern, looking very bearishHello traders 👋
On Aug 18, downtrend line broke rising wedge pattern. Therefore, it is more than likely downtrend line will continue. It confirms my trading analysis that I did on aug 9. After rising wedge pattern tests resistance line, it formed strong downward price movement. The sellers were waiting for the pattern to break the support line and they ordered sell orders which executed once orders had been confirmed. There were a lot of sell orders. As rise of DXY, it might not have a good impact on crypto market. Also to confirm there is a downtrend, 50 and 200 EMA curving downward.