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SOLOUSDT trade ideas

Sologenic $XRP: Potential A+ Setup with ConfluenceSologenic CRYPTOCAP:XRP : Potential A+ Setup with Confluence Risk to Reward: 7.2 Trade Setup: • Entry: 0.27305 • Stop Loss (SL): 0.23111 • Target: Based on pattern completion and fib levels Key Technical Confluences: • 0.786 Fibonacci Retracement • Order Block • Cypher Harmonic Pattern • Larger Gartley Pattern Confluence Chart Analysis: We have a strong potential entry for CRYPTOCAP:XRP (Sologenic) here. The price is aligning with several key technical levels: 1 0.786 Fibonacci Retracement: A critical level where price has historically found support and reversed. 2 Order Block: A key zone where institutional buying is likely to have occurred. 3 Cypher Harmonic Pattern: A pattern suggesting a high-probability reversal at this level. 4 Larger Gartley Pattern Confluence: Additional confluence to strengthen the case for reversal at the .786 level. Trade Plan: • Wait for Reaction at Key Level:
Important – Wait for price to react at the 0.786 Fibonacci retracement level. Look for signs like bullish candlestick patterns, price action confirmation, or a bounce to validate the entry before jumping in. • Entry: If price reacts at the 0.786 level, enter at 0.27305. • Stop Loss: Set a tight stop loss at 0.23111. • Take Profit: Target based on harmonic pattern completion and fib extension levels. What If Price Doesn’t Reach the Key Level? If price doesn’t come down to the 0.786 Fibonacci level and you miss the entry, don’t chase the market. • Patience is key: Wait for the next opportunity to align with your strategy. You may miss one entry, but there will always be other setups. • No FOMO: Chasing a trade when the setup isn’t there can lead to poor risk management and unnecessary losses. Always stick to your plan and your levels. Educational Purpose Only 📉 Disclaimer: This post is for educational purposes only and not financial advice. Trading involves significant risk. Always do your own research
Long
by karmatseringhyolmo
Sologenic (SOLO)Sologenic (SOLO) is a sophisticated platform designed to facilitate the trading and issuance of digital assets over the XRP Ledger. Its main feature is to enable users to tokenize assets like stocks and cryptocurrencies, creating a dynamic bridge between traditional financial markets and the crypto world. SOLO aims to streamline these processes while maintaining high security and efficiency. The current price of Sologenic (SOLO) is $0.12 with a 24-hour trading volume of $4 million. SOLO has shown a significant increase of 20% in the last 24 hours, indicating a strong bullish sentiment and a robust interest in its asset tokenization capabilities. Given SOLO’s innovative approach to asset tokenization and its recent market performance, the next price targets for SOLO could be set at $0.165, $0.225, and $0.285. Investors might consider taking a position now. This trading idea leverages the growing trend towards asset tokenization and the broad capabilities of the XRP Ledger, positioning Sologenic as a pivotal player in bridging crypto with traditional assets.
Long
by icordkaz
Sologenic Ready for Double❗Sologenic is an ecosystem built on top of the XRP ledger network utilizing the on-demand tokenization of assets from traditional financial markets. Q2 is the best time to trade RWA Crypto, because of Larry Fink Ceo of Blackrock that focusing on tokenization real world assets. Many RWA Crypto has already pumped way more that 100% in just a week. What's next? Sologenic is a real world assets + cbcd crypto that has not pumped yet. Sologenic has already breakout from descending channel and right now we are in a bullish continuation pattern (Bull Pennant). From the Stoch, we can see that the momentum is crossing up, the volume spikes and it seems ready to take off! If you want to buy, place entry on the demand zone with stop losses slighty bellow the demand. And for reminder, use risk management & don't go all in. Goodluck! Recap : - Bullish Fundamental - Bullish Chart Pattern - Bullish Indicator Follow me for more deep crypto outlook!
Long
by CryptoWizard_
SOLOGENIC Showing Bullish SignalsMany bull flags printed in recent history show some bullish price action on this Sologrnic chart. Meant for the tokenized stock market that NASDAQ is supposedly building, Sologrnic appears to be an ETH-like token on the XRPL that looks to facilitate a decentralized stock and tokenized asset marketplace. Here, the chart shows us a bottom forming in the recent past with lots of volume and buyers triggering sell-offs that you can see by the long leading tails of the candles with corresponding high-volume days. I'm a long-term holder because I see this token returning to above $5. I'm not sure, but it will be as soon as the world wakes up to the limitations of the current stock market models and after asset tokenization gets into the regulated marketplaces.
Long
by cnote56
SOLOUSDT - UP 86%🥂 Next Target 65cHi Traders, Investors and Speculators of Charts📈📉 SOLOUSDT has since gone up 86% since my last post on it, as seen here: If you're NOT looking to accumulate and you're swing trading, now is a great time to bag in some profits so cheers to you 🥂💥👍 If you missed out on the SOLO run, here are the other top 9 Altcoins on my watchlist: _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck POLONIEX:SOLOUSDT CRYPTO:SOLOUSD
Long
by CryptoCheck-
15
SUPER BULLISH on SOLO - SologenicHi Traders, Investors and Speculators of Charts 📈📉 Before we dive deep into the fundamentals of the new DEX Sologenic, please note that this is not a paid shill or endorsement but rather introducing a new partner to try out in your crypto journey whether you speculate coins or NFTs. Sologenic disrupts the asset trading industry by offering a decentralized ecosystem for Tokenized Securities, Crypto Assets, and NFTs. The Sologenic Development Foundation consists of independent developers dedicated to maintaining, expanding, and building the Sologenic ecosystem. Sologenic.com serves as the primary use-case for the Sologenic Ecosystem, providing on-demand tokenization of various assets, including Stocks and ETFs. There's also the mobile app for convenience and wallet creation. Sologenic, the pioneering NFT marketplace built on the XRP Ledger, has received a grant from XRPL Grants. This grant program selects open-source projects that contribute to the growth of the XRP Ledger community. The approval came shortly after the successful launch of the Sologenic NFT Marketplace in January 2022. Sologenic's vision aligns with XRP's goal of revolutionizing decentralized finance (DeFi) by offering decentralized and borderless access to financial products and services while prioritizing security and performance. By leveraging the XRP Ledger's fast and efficient consensus algorithm, Sologenic aims to provide an intuitive and cost-effective platform for NFT trading. The recent introduction of the NFT-Devnet unveiled the capabilities of the new XLS-20d technology, which enables native support for NFTs. Sologenic announced that once the technology becomes available on the Mainnet, a seamless migration of NFTs minted under the current XLS-14/SOLO methodology to the new format will be supported, preserving the history of each NFT. Operating within the same ecosystem as the Sologenic DEX, a decentralized exchange for cryptocurrencies such as XRP, SOLO, and upcoming Tokenized Assets, the NFT Marketplace offers a user-friendly interface for both newcomers and experienced traders. Sologenic aims to bridge the gap between traditional trading and NFTs, empowering users to have full control over their digital assets through their preferred private wallets. Within its first week of operation, the Sologenic NFT Marketplace witnessed the sale of 4,300 NFTs, prompting the introduction of new features. The team has implemented profile and collection verification protocols to enhance user security within the decentralized ecosystem. Noting that this is BULLISH for the price of XRPUSDT as well as SOLOUSDT, as it increases adoption and market cap considering you need about 10XRP to mint an NFT collection and 3 SOLO to mint an NFT. This is extremely affordable compared to other options in the market. SOLOUSDT has recently released and the price is dirt cheap. It looks like most of the hype and airdrop sales are over, I'd be looking to start accumulation from now onwards (even though I expect the price to drop more, so it will be spot definitely not leverage). I am EXTREMELY bullish on SOLO due to the revolutionary nature of their products including minting on XRP and coming soon the stock market trading options. POLONIEX:SOLOUSDT _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We appreciate your support ! CryptoCheck
Long
by CryptoCheck-
29
Positive divergence is observed on the RSISOLO has registered more than 40% price growth in the last 24 hours. SOLO corrected again due to the strong resistance of the $0.2445 range, and tested the previous floor at the $0.1510 range. A strong positive reaction to this area indicates dramatic growth in a candle. The potential could still exist for the price to rise. Therefore, the targets set for it are in the range of $0.2445 and $0.2700. Besides, a positive divergence is observed on the RSI indicator in the daily timeframe.
by MonoCoinSignal
4
SOLO - Technical review and analysisSOLO has been up more than 30% in the last 24 hours. The price of this currency recorded a sharp increase to the resistance level of $0.25 after finishing the range area and breaking the ceiling of this area in the $0.20 range. In return, the pullback to the ceiling of the range channel also returned a strong positive reaction of the price to the resistance range. Due to the high strength of the resistance, we can expect a larger range area for this currency. In the 4-hour timeframe, the ceiling and higher floors form an ascending channel. But if one of the ranges is corrected, it can be considered at the price of $0.190.
by MonoCoinSignal
Sologenic 2023 bull cycle priceUsing the inside pitchfork and layering them can give us a possible price scenario for Sologenic end of 2023. Of course we are basing this on the Expanding Cycle THeory mentioned by Nicolas Merten from Datadash on Youtube. The bull cycle for Bitcoin could happen in 2024 as well. No one has the crystal ball on the future peak for Bitcoin but with some math and trend analysis it is possible to get close and this is why the ECT (expanding cycle theory) makes sense. We see to tier price points on these inside pitchfork fibs. For November 2023 top $3579 Middle $1113 Low $390. For December/January we see top of inside Pitchfork $32,243 (never happen lol) Middle $9887 Low $3597. What do ya'll think?
Long
by altcoinb
2
LONG ON SOLO SOLO, is one of the most popular coins on XRPL with great fundamentals, like DEX, NFT, tokenized asset, fiat on ramp, blockchain briding and coreum blockchain airdrop. SOlO has a tendency on the upside movement for those who are patient and believe in the project In my opinion, SOLO possibly reach its bottom but its invalid if the support line is broken if you are a trader better put the small position first to minimize the loss if you are an investor, you can Dollar-cost averaging to accumulate DISCLAIMER: Not financial advice and "INVEST OR TRADE ONLY WHAT YOU CAN AFFORD TO LOSE"
Long
by aryoTraderX