Solana Super Hype. The main (long-term) trend. Timeframe 1 week. Logarithmic chart.
Coin of the famous “hedge fund” Alameda-research. Despite the useful applications and development of various applications on this blockchain, the asset (coin) itself is in fantastic profits. Be careful when trading and follow risk management. This is the basis of profits.
This...
My name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️
I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term...
Bearish structure validated and setting up for a great risk-reward at a key area. While it has not CRACKED yet, it appears it will soon. This small time setup has much bigger implications for the bigger chart as it could run lower for longer to use some FED speak.
When trading, it is important to have confirmations. Confirmations are when price moves in a a particular way which tells us that our setup is valid and even, ready for entry.
We have 3 main types of confirmations.
1. Trendline Break
This confirmation is very simple yet very effective. When price is following a trend, you can often find that there's a trendline...
I see a 5-3-5 zigzag pattern.
We have almost completed the midsection - awaiting one final move up to complete the second wave.
Trade Idea:
- Watch for bullish reversal patterns on lower timeframe
- Safe entry on break of red trendline (Watch For Break -WFB) on the chart.
- SL below price once red trendline breaks
- Buy Targets: 32.5, 50, 60, 100
Then I see...
After escaping from its downtrend, Solana entered into a pullback which is now testing the breakout point found at $19. So long as this holds, the bias on is bullish and SOL also managed to close the week with a 2.7% increase.
Buyers appear to be returning to Solana, but they have to hold the price above $19, otherwise sellers could take back control. The...
Solana Update. Critical Month Support is at play with a rising wedge. #learn #technicalanalysis with #thequeenofcharts #sol CRYPTOCAP:SOL #crypto #trading #daytrading
solusd
In our last post on Solana, we identified that we were in a 535 zigzag pattern.
We have almost completed the midsection - awaiting one final move up to complete wave B.
Trade Idea:
- Watch for bullish reversal patterns on lower timeframe
- Safe entry on break of red trendline
- SL below price once red trendline breaks
- Target: 32.5, 50, 60
Goodluck and as...
In the short term, Solana appears to be exhibiting weakness, and we anticipate a test of the 100 SMA at 19.18. It is crucial for the significant level of 19.22 to hold in order to initiate an upward trend. This, of course, is contingent on the overall market performance, particularly BTC.
If your intention is to engage in a short-term scalp, consider a short...
Yet to be confirmed, Solana (SOLUSD) is in the process of breaking a downtrend, a descending channel as well as moving above EMA10 and EMA21 all in the same day.
While we had similar action in August, when Solana managed to close daily above EMA10/21 just to move lower, this time the MACD went through a full reset.
Back in August, when Solana produced the same...
Bouncing off of lower high diagonal support and breaking out of down trending diagonal
resistance.
Confluence of two diagonals.
Higher low market structure.
Bouncing off of lower high diagonal support and breaking out of down trending diagonal
resistance.
Confluence of two diagonals.
Higher low market structure.
Solana has demonstrated strong performance, with its price rebounding nicely above the 100 SMA, which has now been retested at 19.10. If it maintains this level (as I am inclined to believe), there is potential for a rally towards the 200 SMA at 20.14.
Well, if Btc follows a multi year gold-style consolidation/range, in a multi year macro inflationary context, alts could see the last mini bull season of this decade towards the end of 2024 - mid 2025.
Alts like Sol could see a 500% pump while new low caps could see 2000-5000%.
Interesting.
I don't plan on buying again until the market price hits my pivot targets.
Purchased 50k the first time around and made a fortune.
When the market price gets close to my yellow pivots i will evaluate what will happen then.
Too many calculations to determine at the moment and too many global issues are going on to determine the future at the moment.
I will check...
SOL price is in a falling channel pattern.
Experienced a 1.91% drop last night.
Breached the 61.80% Fibonacci level at $19.45.
Failure to resurface above $19.45 could lead to $17.27.
Currently trading at $18.95 with an intraday fall of 0.37%.
Bearish trend occurs in a falling channel pattern.
15% recovery at the start of September failed to surpass the 50-day...
![SOLUSD: [UPDATE SOL] Would you be ready for the worst case?](https://s3.tradingview.com/n/ni7VImNs_mid.png "[UPDATE SOL] Would you be ready for the worst case?")
