SOLBTC.P trade ideas
SOL.BTC (Y20.P3.E1).Gems in the making.No.4Hi,
Another DeFi I had and have my eyes on since I sold them for this upcoming potential move, or maybe lower.
Either way, one must plan for scenarios so to feel comfortable in the trade.
Remember, with ever dump, or drop, it gives a great opportunity, like now. But don't rush it, look for key levels you want to see pass or supported and not those that go to quick.
You will wrecked on such moves. Let it settle and see what the chart offers.
With Sol pairing, I had this chart before the BTC breakout. I'm not claiming anything, just envisioning if it rolls this way.
Now if it plays out similar to this at this level, then its a great opportunity, otherwise lets wait so see what other else is given.
Lets keep stalking this one and see how this pans out.
Cheers,
S.Sari
Solana (SOL) Major Uptrend With New TargetsSolana (SOLBTC) is on a major/parabolic uptrend.
Here I've marked the next target with Fib. levels.
Prices for Solana (SOLBTC) can easily continue to grow.
The next targets are marked on the chart.
Remember to build a plan/strategy before you start to trade.
Namaste.
SOL/BTC (New Support Area?)SOL/BTC
-After a strong rebound from 8500 range and break the recent high at 15200 range
-We can see some bullish rejection on previous resistance
-The new potential area of support is at 15200 zone
-And if this level will hold for the next few days despite the BTC Dominance breakout
-I think this coin has the chance to continue higher
-But again, trading Altcoin is a high risk today during BTC breakout confirmation
SOL/BTC (Strong Key Support Area)SOL/BTC
-after pumping up to 170% increase last July 15
-the price has retraced and it is back to the area of confluence
-this green support line has multiple key factors
-the reason the price has bounced twice at this support zone
-if this level will hold for the next 5 days or so
-I'm expecting this area will be its new swing Higher Low
-and expected to continue up to 13800 range
-a potential bigger consolidation pattern is being made
-bearish scenario if the upward trendline is broken
-will lead to extended correction in the future
SOL/BTC - Long - Potential 19%+
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PAIR: SOL/BTC
T/F: 1 HOUR
LENGTH: Medium
RISK - Medium
ENTRY: 9563
TP1: 9826
TP2: 10310
TP3: 11346
BONUS TP: 13540 - 41%
SL: 8979
NOTES:
- Uptrend
- Holding strong support zone
- Support Break up candle
- Rejection candles
- RSI Oversold
KEY:
BONUS TP - It could continue to rise to a significant high although it is either very long term or a high rist target. REcommended to follow by securing profits with trailing stop loss.
LENGTH:
SHORT = 1-2 DAYS
MEDIUM = Less than 1 week
LONG = Less than 1 month
RISK:
LOW = E.G Stong support // Multiple bounces // Strong uptrend // Oversold // Breakout > Pullback > Support // Rejection Candles
MEDIUM = E.G Broken support // Trend Reversal // Consolidation
HIGH = E.G Not fully brokend Support // Overly mature uptrend
***Please note that all of my suggested Entries, TP's and SL's always ignore any precursor 0's***
Please always trade with caution, manage your trades and stop-losses This is not professional financial advice, just my thoughts and trades I am