Trade ideas
SOLBTC D1
Solana, in 2022, has been one of the main hype trains in the digital currency space. And yet, the Solana blockchain came to a grinding halt, the developers hit the off button, and the entire ecosystem froze in space and time as the network took a hit. Although the supporters seemed to move on, some social metrics were still lagging at press time
Solana (SOL) formed bullish Gartley | A good buying opportunityHey dear friends, hope you are well, and welcome to the new trade setup of Solana (SOL) coin with Bitcoin pair.
Previously we had a nice harmonic trade of SOL:
Now on a 4-hr time frame, SOL has formed bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Solana - 0.786An idea for Solana showing on the USD pair (left) a brief touch on the 0.786 fib level
I think we will see a bullish reversal from this fib level
On the right I have analyzed the BTC pair which shows a flat 200MA, comparable to another point (in red) earlier on in the evolution of price
Moving averages will recover the same, after a small dip.
I am very bullish on Solana and the NFTS on their platform
Solana SOL Long Setting After A Long Time In My Calculation Solana Can Bounce Back From Here. Remember this Chart is Valid Only If BTC stay Stabile..
I am Not A Financial Adviser. And All Cherts Are Just My Study. So Please Do Your Own Search before open Any Trade.
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Is Altcoin Season Coming? Bitcoin Market Cap DominanceToday I was asked the question, "is altcoin season coming?" To answer that question quantitatively we can look at tools such as the Bitcoin Market Cap Dominance chart and the Altcoin Season Index. Why is it that Bitcoin has gone down LESS than altcoins over the last few months? At the end of the video I also talk about ways to hedge your positions using Bitcoin cross pairs like ETHBTC, LTCBTC, XMRBTC, XRPBTC, SOLBTC, etc.
SOLBTC in Bull Flag - upside PT of 0.023 or $1,587This translates to a PT of nearly $1,500 for 1 SOL token. You can see the flagpole extrapolation in red and then the 2nd half push PT in orange (both align very nicely which suggest we are halfway through our entire flagpole move right now with another half to go).
May find support soonLooking at SOL vs BTC, we can see that price has broken down as expected (see linked ideas) and is currently looking for support. My initial thought is that it would likely test the 200 EMA, but price appears to be finding some support at these levels. If it can hold here, I would consider it very bullish and would expect a break above the smaller resistance line.
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These are my personal views and not financial advice. Please do your own research before investing.
I'd love to hear your thoughts, ideas and feedback. Feel free to Comment and I'll try and get back to you quickly.
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Trend broken, looking for next supportSOL-BTC is following our predicted path almost exactly (see linked idea). Trend Support broke and we're now looking for a support zone and seller exhaustion. Currently, I'm targeting the 200 EMA as support, however I'll be looking for some bullish divergences before I get excited about SOL again.
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These are my personal views and not financial advice. Please do your own research before investing.
I'd love to hear your thoughts, ideas and feedback. Feel free to Comment and I'll try and get back to you quickly.
If you appreciated this analysis, consider Liking or Following . Thanks!
Caution! SOL looks weak here... SOL is currently in a Symmetric Triangle against BTC. This is a Neutral pattern so it doesn't give us any particular bias regarding SOL's direction, so let's look at some other factors.
Short-term optimism:
The 4-hour chart (not posted) gives me the impression we could move up in the short term, it might be worth a small high-risk position.
Long-term pessimism:
However, we recently just posted another Bearish Divergence (circles) on the daily chart and we're heading into the tip of the Triangle. I'm not touching SOL (vs BTC) until I see some more bullish signals.
Peace and happy trading!






















