Hello Traders, We got a few confirmations on a move up for SOL/USDT. 1. Bounce/ re-test off of the 200 EMA. 2. Broke 100 EMA, which was acting as a local resistance. 3. We had a downtrend forming from the early hours of today, while the RSI started moving upwards forming a Bullish Divergence. * Further confirmation and reassurance of an uptrend will be if the...
The Solana blockchain is extremely fast, cheap and is backed by Alameda Research. There are currently 102 projects building on their blockchain. Today there was a (well-known), large distribution of tokens that effectively 5x'd the circulating supply. Many of these however, will be locked or otherwise held by the team and against what many expected, this event...
Breakout the falling wedge RSI bullish
I am looking for a position in SOL. * Currently a diagonal uptrend with thinning buy pressure * Watch local support levels - if touched, consider laddering in a position * Big sell off expected to dampen price today - quite a crowded trade. Watch and wait As per my new 'zen trading' plan: * I will be taking a 'fixed' position in this - a quarter position at...
The trendline is broken! Time to finally go down.
BINANCE:SOLUSDT Founded by former Qualcomm, Intel, and Dropbox engineers in late-2017, Solana is a single-chain, delegated-Proof-of-Stake protocol whose focus is on delivering scalability without sacrificing decentralization or security.
enter after pullback ~ $1.85
- Double bottom - Falling wedge - Bullish trend
SOL was rejected in2.3-2.4$ zone and returned to 1.8-1.9$ zone, which is also a good buy zone to wait for SOL to break back 2.3-2.4$. If SOL breaks 2.3-2.4$ zone, it will move to 3$, 3.5$ or even 4.5$ in December. But if the SOL falls out of the 1.8-1.9$ zone, it will plummet and the furthest target is the 1$ zone 📈BUY- LONG -Buy: 1.8-1.9$, stoploss if B -Buy...
Hello Dear Traders, SOLUSDT is touching its major demand zone , very nice opportunity to LONG/BUY this Coin Entry and Targets on the chart.
Often a bullish chart pattern, the ascending triangle pattern in an uptrend is not only easy to recognize but is also a slam-dunk as an entry or exit signal. It should be noted that a recognized trend should be in place for the triangle to be considered a continuation pattern. In the above image, you can see that an uptrend is in place, and the demand line, or...
sol 3r please thx
SOL / BTC 🌟 4H frame technical analysis 🌟 Form flag pattern EMA 100 act as support EMA 200 act as resistance If ema 100 hold then we are going to restest ema 200 again We can also see below in RSI potential hidden bullish div start in formation Safest area to enter is after break local resistance and also break above 200 EMA If that happens we can expect a...