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Solbtc

SOL Update - Loading up for a bigger moveHere's a quick look at SOL 2 hr chart. As we can see, the price has been forming a bigger bull flag and we could se a very big move to the upside soon! Definitely one to keep an eye on. The best entry would be, when the price breaks above the bull flag with good amount of volume . ------------------------------------------- The idea is: Buy the breakout from the bull flag and take profits at the levels shown in the chart. Targets: - Profits can be taken in the resistance zone . 1. 163$ 2. 169$ 3. 177$ 4. 185$ ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
3
SOL is getting ready for a break to the upside! Here's a quick look at SOL 1 hr chart. As we can see, the price has been forming a bigger bull flag and we could se a very big move to the upside soon! Definitely one to keep an eye on. The best entry would be, when the price breaks above the bull flag with good amount of volume . ------------------------------------------- The idea is: Buy the breakout from the bull flag and take profits at the levels shown in the chart. Targets: - Profits can be taken in the resistance zone . 1. 169$$ 2. 177$$ 3. 185$ ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
15
SOL/USD - Soon to reach $100. Can we go to $60? 😪As predicted in my SOL idea a few weeks back, Solana topped at $216. Now we're correcting and this may take a while to finish considering the massive pump we had this year. As such, best to consider shorts in this current structure as Solana is very likely to go to $100 before we have any good hope for a reversal. Even the support at $100 is a bit optimistic at this time, we may get a dead cat bounce, but if BTC and ETH don't hold their technical support at $38k and $2.7k (ideas below) then Solana will go lower, towards $60. Buying at $60 feels much better to me with less risk. At $100 the risk is not for my taste. The indicators are bearish. Daily is bearish and MACD on 3 day timeframe just did a bearish cross... Last time this happened it took Solana 2 months to turn bullish again. This time, as we completed a 5 wave Elliot structure, the bearish price action may last even longer. That is why I think we have to expect SOL to reach two digits price before throwing money at it. :) Don't get greedy and be patient. Your buy opportunity will come, but don't rush into it. Wait for some bullish signals like a bullish divergence on RSI or MACD. Like and follow if you liked this idea!
Short
by duonine
7
SOl - global trendline broken 😲😏A strong trend line has formed on the SOl chart on the higher timeframes. At the same time, the price has broken it, but there is no strong buyer reaction. If price tests the trend line as support, it could be a good buying opportunity with little risk. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
by Yuriy_Bishko
11
Solana - time to sell 😲❓In the last idea, I described why the fall happened. On the technical analysis side, the SOl chart has an important level of $134. Price could now be in local consolidation, break the level and go to the lower liquidity zone. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
by Yuriy_Bishko
10