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ProjectSyndicate
Jan 24, 2022 8:15 AM

SOLUSD D2: 1000 USD Final TP BULLS THE BEST LEVEL TO BUY/HOLD Long

Solana / USDFTX

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SOLUSD D2: 1000 USD Final TP BULLS THE BEST LEVEL TO BUY/HOLD
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
IMPORTANT NOTE: read entire idea before
execution. Tagged as BULLISH because I expect
reversal once WAVE4 is complete.


🔸 Summary and potential trade setup
::: SOLUSD 2days/candle chart review
::: 5 waves IMPULSE bullish structure
::: updated/revised outlook
::: setup still valid as of today
::: we are in WAVE4 correction MODE now
::: chart is LOG SCALE
::: get ready to BUY LOW later
::: BUY LOW near 25 USD
::: correction 4-8 weeks now
::: BULLS remain on sidelines
::: once wave4 is complete
::: will last 4-8 weeks
::: WAVE5 will start after we hit 25 USD
::: final TP BULLS is 1 000 USD
::: wave4 correction/pullback in progress
::: correction/pullback is 75%-80%
::: however chart looks strong
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is 1 000 USD before end of 2022
::: details: see chart
::: recommended strategy: BUY/HOLD after pullback
::: TP BULLS is 1 000 USD
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS/WAVE5
::: Sentiment short-term: PULLBACK/WAVE4

RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Comments
djdcz1
Hello - think we are still going down to around $30 on this one? Thanks Brother.
stevchun
hi, can you make CRV analysis ? thanks
Mihai_Iacob
I really doubt we will have a pump from Sol in these market conditions
ProjectSyndicate
@OptimoomFX, sure now is not the best time. read the entire idea though.
Sam Bankman-Fried owns Solana, so I'm pretty confident that the bull run is not over. )))
ProjectSyndicate
@OptimoomFX, also market conditions change. everyone in here was laughing when I've posted 50% correction warning
in MATICUSD. lol. now they are looking for a full-time job at Walmart. things change.
MATICUSD D1: DISTRIBUTION / 50% correction(SL/TP)(UPDATE)
MMBTtrader
Strong support is there for sol
ich1baN
Great chart, my latest idea on SOL:

ich1baN
1.618 Fib extension at $1000 - a key psychological marker as well. Confluence Confluence Confluence
kimstandgraph
Good Good
ProjectSyndicate
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