ID has printed two 4h sell signals. The price has retraced to sell signal candle and supply zone formed at this price. We should get a hard rejection off this area to the previous swing low/demand zone.
SOL has broken support trendline in multiple timeframe, sell or short your coins as given in chart.
The SOL price makes a local pump after test of the trendline. The biggest price support for Solana is at $16 (channel bottom and trendline). Also pay your attention to the BUY and SELL side. If you open a trade at the bottom of the channel it would be better to close at least 30-40% at the top of it. 💥Bitcoin will show the direction for alts. So pay much...
🔍 Analysis: Strong Performance: SOL has demonstrated significant growth over recent months, reflecting its strong fundamentals and market demand. BTC Correlation: SOL's price movement is closely correlated with BTC's performance, suggesting potential for a substantial rebound once BTC finds support. Entry Levels: Identified entry zones include $165-$180 and...
Price reached our target in the 205 area and then nuked to 180s. The price had a retest of the 100 SMA and got rejected, which is short-term bearish. Shall the 100 SMA be confirmed as resistance, we could visit the 200 SMA around 170 (169 for SOL lovers). Bulls could be saved if we recover the 190 trading area. Be careful.
Hi Traders, Still looking for more SOL trading and here is why. We made the right call to take profit at the 213 as our 786 fib/ monthly level. Now looking for a reAccumulation structure bottom entry for the potential next macro wave 2 to 3 to find its target. BTC still likely to go sideways or drop more which plays into the SOL price movement as well. All...
After a BOS, the price is in a downward movement and closed below the inducement OB. In this scenario, I anticipate a short-term upward movement to mitigate liquidity on the 15m, followed by a continuation of the downtrend. Given the bullish market conditions, this zone is sensitive, and taking a short position absolutely requires confirmation from the 1m time frame.
for Bitcoin This is what has set off a general Altcoin season based on the previous two cycles. We have not done that yet! We might do it, this month.. and it seems likely We wait till Sunday at midnight to see if it does. However don't get too excited because we are running ahead of schedule. And notice BTC dominance drops only for a few months before we...
Solana seems to be forming a diametric in small time frames. It is now in the middle of the bullish wave E of this diametric. By maintaining the specified demand, it can move towards the target. The first target is the red box. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
Solana's recent surge in price has garnered substantial attention from investors and analysts, signaling a potential shift in market dynamics. The rise in value comes amidst heightened volatility and speculation within the cryptocurrency space, further emphasizing Solana's resilience and attractiveness as an investment option. The current price of Solana (...
ETH HAS BEEN SERVED BY THE SEC! GOOD BYE ETHEREUM! Hello everyone. Just as I thought something big was going to happen well here it is. SEC is going after Ethereum. A lawsuit by the SEC has possibly already been filed. If you need a better explanation please watch the video by Bitcoin University on youtube that just came out, he explains it fully and why he...
meme is a way to expedite adoption think DOGE where Elon peddled Tesla and now his SpaceX ipo and Open Ai BONK is a means to awareness to rock the Mobile Phone space maybe something to sexy is about to unfold approaching Dubai Blockchains this Feb Sep usual exercise
SOL has been tamed town a bit after an aggressive rise to 126 -- and correcting healthily below 100. This bluechip coin has seen exponential growth from being a single digit priced asset. Based on recent 4h price data, the coin is preppin another round of price growth from the new higher base at 100. This level seems to be a strong psychological level, a major...
Solana (SOLUSD) is trading within a Triangle pattern within a longer term Channel Up on the 1D time-frame. The 1D MA50 (blue trend-line) has been basically supporting since late September 2023 (it only broke once for 4 days in late January 2024) when the previous similar Channel Up started. That Channel Up also formed a Triangle half-way through and when the...
Here's another unpopular opinion... We can see that we had a clear 5 wave impulse for wave 1. We are now in wave 2, which is an ABC correction. We're looking for one final move down to complete wave 2 correction. It may happen, may not happen. If it happens, you know what to look for! For confirmation that we're moving towards the $10 mark, we can look for the...
One for the memory banks! Now do we actually get what we are "owed" ?? :) We don't know and nothing is owed to us of couurse But Selling too soon could be quite disastrous... as many peopleI speak to say to me 5X - 10X I am out.. Which may be prudent If you are out. Stay out and don't FOMO back in again near the tops So it's best to scale out in my...
the expansionary phases that occur after LOL I know it ain't that easy But everyone else who didn't invest will say it was. They will never understand!!! LOL best of luck still wildly bullish But I will become a stablecoin maxi one day not too far away. And you will probably hate me ;)
🔍Today, it's Thursday and the Solana (SOL) price on the 4-hour timeframe indicates a consolidating pattern. Over the past few days, SOL has approached the critical resistance level at $195.03. After testing this level once and then experiencing a fakeout, it retraced twice. This suggests $195.03 as a significant level, potentially marking the beginning of the next...