✅This is a small trend update for Solona, we did add before about Solona's increase trend and the possibility of hype trend what we see the day.
First of all, this update is not made to make you think differently about soon, as soon is one of the best coins we know the day.
💎We have seen before manny hype coins From Doge to Matic and very much more, we know when there is hype there is always an effect of FOMO. but know as a trader that you are into trading for a goal. and when that recovery coming, it can change hugely.
Solona is at this moment in a zone of FOMO, and yes it could get a pullback soon. Have always a content plan with the high-risk agents to be at a time in case of recovery started.
🔖this view is not made to change your plan, but more know that it's possible a recovery trend could start from this levels.
Have a great day.
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Manage always your risk, nobody knows the future - all depending on Data, trends, and whale effect All our charts are not advice and you are responsible for your own investment
🎬To stay updated check always our last update.
Have a great day
Comment
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We did expect before the same with doge also when there was FOMO, the same with other coins
I'm quite a newbie at this, so, I've took your view, and made comparisons with the following indicators for 1h time frame:
EMA - 20 above 50 and still above 200, so looks ok
RSI - between 50-80 so still acceptable;
StochRSI - hitting the bottom below 10 points
MACD - The blue line crossed the orange so, red alert for a descending pattern
True Strength indicator - Blue crossed with red at 0.622 so also a red alert to a corrective pattern.
Still we have indicators contradicting each other. This means, on the previous 2 days, I was a bit burn because of seeing only the pattern and not seeing the Indicators. This is a hell of a game indeed, plus, the never ending unknown sentiment of the market.
When I've saw BTC falling, usually SOL takes a jump, and when BTC gets stable but doesn't grow too much, also, SOL continues to push but not harder.
So on a 4h Prespective this looks that we might have more party to come till hit 200-230 and for 1 Day prespective looks like that it will continue to rock.
So indeed I agree that in every inflaction act we have a retracement, but I believe that the big retracement will not happen yet because the indicators really show, specially for 1D that they are in a strong position to keep the price up.
watchtrend
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@GodVault, thanks mate great TA, i think you are on good way
GodVault
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@watchtrend, Need to learn a lot xD yet because I always get burned during big market shuffles....
Iran_signal_crypto
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I think your main job is to clean up the city trash
civilLizard7578
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@Iran_signal_crypto,
Pedar sage abero barak.
Hame ja peydataun mishe,hame ja nazare bi adabaneh mizarin bad abruye hame ro mibarib.
Hade aghal un irano hazf kon.
Ashghal khodeti ahmagh bisavad.
Baba d sharm konind.
Asan to bi savad be trade kardan chi?
Ablah khereft.to bayad zir daste taleban bashi.bi farhang.
B omide ruzi ke iraniha bargardan be asli k dashtan.
watchtrend
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@Iran_signal_crypto, thanks for your sharing. noting bad with it , if it was my job
KingPriestt
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@Iran_signal_crypto I guess you ended up cleaning the world trash… now you seen how it played out.
greyicecream
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You should stop making predictions because you obviously have no business doing so. Don’t quit your day job.
watchtrend
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@greyicecream, I think it's important to share with our followers about the FOMO effect. we know this from more times, it's not our first update. check back into history what happened with traders that buy into FOMO with leverge for example. if you read the post fine, then you can see we give no any advice, we just share our personally expecting
utilmind
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Agree. But I will start buying it again below $130.
I'm quite a newbie at this, so, I've took your view, and made comparisons with the following indicators for 1h time frame:
EMA - 20 above 50 and still above 200, so looks ok
RSI - between 50-80 so still acceptable;
StochRSI - hitting the bottom below 10 points
MACD - The blue line crossed the orange so, red alert for a descending pattern
True Strength indicator - Blue crossed with red at 0.622 so also a red alert to a corrective pattern.
Still we have indicators contradicting each other. This means, on the previous 2 days, I was a bit burn because of seeing only the pattern and not seeing the Indicators. This is a hell of a game indeed, plus, the never ending unknown sentiment of the market.
When I've saw BTC falling, usually SOL takes a jump, and when BTC gets stable but doesn't grow too much, also, SOL continues to push but not harder.
So on a 4h Prespective this looks that we might have more party to come till hit 200-230 and for 1 Day prespective looks like that it will continue to rock.
So indeed I agree that in every inflaction act we have a retracement, but I believe that the big retracement will not happen yet because the indicators really show, specially for 1D that they are in a strong position to keep the price up.