Solana near breakoutThis looks like reversal, bouncing from the long-term baseline but the volume is deteriorating.
Not financial advice.
BTCSOL.P trade ideas
Trend broken, looking for next supportSOL-BTC is following our predicted path almost exactly (see linked idea). Trend Support broke and we're now looking for a support zone and seller exhaustion. Currently, I'm targeting the 200 EMA as support, however I'll be looking for some bullish divergences before I get excited about SOL again.
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These are my personal views and not financial advice. Please do your own research before investing.
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Caution! SOL looks weak here... SOL is currently in a Symmetric Triangle against BTC. This is a Neutral pattern so it doesn't give us any particular bias regarding SOL's direction, so let's look at some other factors.
Short-term optimism:
The 4-hour chart (not posted) gives me the impression we could move up in the short term, it might be worth a small high-risk position.
Long-term pessimism:
However, we recently just posted another Bearish Divergence (circles) on the daily chart and we're heading into the tip of the Triangle. I'm not touching SOL (vs BTC) until I see some more bullish signals.
Peace and happy trading!
Expect The Breakdown SoonThe Main Structure Is Bearish ,Soon The Price Will Breakdown The Trend Line
Ascending Triangle forming SOL/BTCHopefully this plays out. Took a small long position in case this happens because we are on support of the trendline.
SOL ready to break?SOL re-accumulation inside the HTF pennant
Wykoff re-accumulation playing out inside the DAILY pennant
SOLBTC analysisHello traders, i prospect solana is going to see an upward trend targets and everything on the chart .
thank you for watching the analysis, it will be great when you support it with a like, follow me for more market analysis and good buy opportunities.
Solana Breakout Before January 13thTop Chart - SOL /BTC Heikin Ashi candlestick
Bottom Chart - SOL/USDT Japanese candstick
Pretty clear breakout for solana coming very soon sometime before Mid January 2022. Using the SOL/BTC chart with Gann Fanns on Heikin Ashi we can see a clear squeeze coming in. Infact using this SOL/BTC chart with the Gann Fans would have resulted in some great short trades.
Even tho three rejections of the 8/1 Gann Fann is very bearish we have to remember that is a Dominance chart and not a price chart.
Straightforward trade here on solana high reward and low risk.
Long 173
Stop Loss 167
Take Profit starting from 330 upwards
May cycle top prediction for solana 1000 dollars
Anyone know if there an exchange that offers inverse sol contract on margin? :P
SOLBTCHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. As you can see we have drawn two support lines. The price is fluctuating on the first support line at the moment. If the price is not supported here, it will move toward the second support line which would be a good place to buy. You can see that the price has hit this support line two times and was supported. But if it goes below this support line too and stabilizes there, we expect it to fall down to 0.0030733 step by step. We have a resistance line which the price has hit two times and could not stabilize above it. If it is able to do so this time, we can go into trade after a pullback for higher prices.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
SOLBTC Rising Channel| PA Range| HTF Levels| Trend Evening Traders,
Today’s analysis – SOLBTC – trading at a range high where a rotation towards the downside is probable for a long play,
Points to consider,
- Price Action Impulse
- Weekly S/R Resistance
- Daily S/R Support
- Low Volume
SOLDBTC’s immediate price action is impulse and is trading at a key weekly resistance, thus a rejection is probable to the lower daily support where there is technical confluence with the POC and the .618 Fiboancci, allowing for a long bias.
The current volume profile is declining, thus an impulse in volume is likely on the next expansion.
The RSI is trading at neutral, remaining in its bullish control zone is indicative of strength.
Overall, in my opinion, SOLBTC is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“The obvious rarely happens, the unexpected constantly occurs.” – Jesse Livermore
<TradeVSA> SOLANA - Long Period ReaccumulationSign of Strength in the chart
1. Daily Chart - reaccumulation with Shakeout
2. 4Hour Chart - Green Pentagon Bullish signal
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
SOLBTC is creating a channel on weeklySOLBTC is creating a channel on weekly timeframe and the pennant on the daily timeframe.
IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
SOL/BTCSOL/BTC pair is forming a potentially bullish ascending triangle. Weekly StochRSI is oversold and crossing up. The setup is nice but it all depends on what Bitcoin does if the next few days. Good luck!
Sol to the new highsForming giant ascending triangle, CT sentiment is very bearish. Everyone is talking about recent attack on the network, whereas even under attack it managed to process more transactions per second than all existing EVM-networks(ethereum, binance chain, matic, avax) and all L2 networks(optimism+arbitrum+zksync etc) and bitcoin combined! WIll be looking if the current daily candle closes as hammer.
SolBtc, good chance for this to play outThere's the trend line and the static support (blue line) plus while the price is going down, volume is decreasing. If we put these data together a reversal at least to the red rectangle is not a very bad idea in my opinion.
This idea of course can be wrong so watch for it.
The Priority Is BearishSol About To Breakdown The Trend Line ,The Priority Is Bearish ,The Main Station For This Corrective Cycle Is 13000 Sat
SOLBTC LONGWorking in the price channel. Now, this coin has bounced from the bottom of the mentioned channel. Targets, please, check at the chart
sol/btc long entering if sol/btc has a 4H or 1D candle close above 0.00435
TP will be around 0.006
this is a btc trade and not USD
i am playing sol strength.
SOLBTC DAILY CHART ANALYSISHY, SOLNBTC IS FORMING 12345 eliott wave.
12345 elliott wave rules:
Wave two cannot retrace more than 100% of the first wave
The third wave can never be the shortest of waves one, three, and five
Wave four can't go beyond the third wave at any time
LONG SOLBTC: POS vs POW TAKEOVER BOON!long solbtc - btc is OVER too slow, expensive & inefficient.
solana is the future. this spread protects from market risk. own lower volatility regime.
Grand scalabilitySOL stays strong; new ATH few steps ahead; np )
indicating a theory...
"-the best market strategy;
developed and nurtured in the academic community-
'random walk'; based on an efficient market hypothesis...
buy and hold as opposed to 'beat the market" - jj.Murphy
-small daily actions lead to massive results;
no need to rush to fill bags, little by little - market is always there.
...
" wisdom requires not only concern,
but also appreciation of irony and ambiguity,
and enough dispassion not to take sides.-
Ebullient guardians;
SOL's PoH scaling solution; looking to the past to preserve it for the future "
-Bridges
$SOL, 1D Buy confirmed by the UCTS indicator$SOL
1D Buy confirmed by the UCTS indicator
Volume increasing on the daily, just ~10% away from ATH
Let see if it can show strength toward daily close and break above November highs
#SOL
