Solana Name Service (FIDA) — a 45x opportunityNote that the project was previously known as Bonfida but renamed to Solana Name Service.
Price action has been building some structure on an important support level since July.
Weekly RSI has stabilized at 40 and is moving sideways.
Falling wedge breakout against Bitcoin:
Max target is at $10 which gives up to 4500% potential.
Also, since it's a Solana ecosystem project, it gives indirect exposure to Solana which is a great thing considering all the hype around it.
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FIDAUSD trade ideas
Bonifida to $37 / 18xOn the above 1-day chart price ation has corrected a whopping 86% since early November. Now is an excellent time to be bullish. Why?
1) Multiple buy signals on multiple time frames.
2) Regular bullish divergence. The 2-day chart below on Heikin Ashi candles prints the divergence and signal very clearly.
3) RSI and MFI resistance breaks out. Fantastic.
Is it possible price action falls further? Sure.
Is it probable? Between 1-5% probable by my estimate.
A buy from $1.50 to $2 is excellent Don’t worry about trying to time the bottom, it really is not worth it.
The target is determined using the same method as I used before with the Fibonacci extension, which worked a charm. This method assumes the bottom is already in. If the bottom is $1.50 then target becomes $36. No great shakes.
When to expect target? By the month of May latest.
Good luck!
WW
There could be some manipulation from day traders. Potential?Trying to give an accurate read for the rest of the month and moving in to January 2023.
Manipulation could occur in yellow. Otherwise the white HL2 line will happen.
Comparing between the TDI indicator and Vu indicator for hidden divergences.
The low i have been predicting at .25 could be faulty pending as it gets closer to the final divergence.
Just have to wait and see what happens when the market gets there.
Investment strategy is neither Long nor Short pending manipulation on the daily.
FIDAUSD Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL.
ENTRY PRICE BLACK COLOR
MOST PROBABLE SCENARIOS TARGETS GREEN COLOR
LEAST PROBABLE SCENARIOS TARGETS RED COLOR
TARGETS ARE NOT EXACT NUMBERS THEY ARE MORE LIKE A ZONE.
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN