Solana has flashed the first clear buy signal against Ethereum since the last sell signal in December 2021, with three previous DCA signals during the downturn it now looks promising for a clear run to out perform Ethereum. Price is currently 20% above the base so there is lots of room for the price to pull back a little, manage risk and position sizing and you...
-SOLETH popped out of MACRO falling wedge.
-Market is currently being capped at the first supply zone marked with RED Dots.
Looking for some consolidation and perhaps a touch of the previous supply/demand zone market with yellow dots.
the reason i think this is a possibility is the high volume day and inverted hammer bar into a supply zone.
Solana broke out with strength against Ethereum this week and the chart is bullish. I will sell for a loss if it breaks below the trend line; tight stop because it's not clear if crypto is ready for the real bull run yet.
I think Solana can double to Ethereum's 50% rise during that same time. I hold a core position in each and will trade this pair just to see if...
This is about to be Solana summer. I feel this year that Solana will take some significant market share from ethereum. This is concluded because of the major inflection point identified on the Zero Lag MACD and supported in my opinion by the optimally higher functionality, utility and deliverables of the Solana Blockchain primarily demonstrated by the Solana Pay...
what a chart mostly
so bullish its almost hard to want to buy some as the pullbacks look like they could be tremendous
yet its around the sentiment low here
interesting at least hadnt seen this chart before
BanterFam Bets on $ETH ; CryptoGuru bets on $SOL
As we can see in the charts, $SOL has been consolidating and volatility has been declining within this symmetrical triangle. If the higher time frame trend continues, I suspect $SOL will break out from this triangle formation.
One strategy to increase profits and trading efficiently is finding and trading coins that outperform ETH and give your time for analysis only for this coins. If they don't gain against ETH at some point it is not worth (even if you have great news or fundamentals) exchanging your ETH, the mother of Altcoins, into any other coin.
Now, if the coin outperforms ETH...
Solana is in the bottom of an ascending channel. If it reach the tops, it can bring the price of SOL much higher.
RSI broke the downtrend in TF 4 hrs.
My entry price: $225 USD
SOL/USD Tp1: $260 USD
SOL/USD Tp2: $290 USD.
Use your own Risk/Reward Ratio.
What Is Solana (SOL)?
Solana is a highly functional open source project that banks on blockchain technology’s...
SOLETH graph made so bull filling for all the crypto till 2022
I think it will keep under redline in next future
But fib is showing that 1/5 of ETH for SOL is already in code, in a market, in technology, in psychology of us.)