SOL is trading inside this bullish triangle pattern a breakout is coming waiting for price to cross the resistance line before we can take this trade
*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should...
Nice little Inverse Head and Shoulders. PT - 29 Thanks
SOL is now sitting on 4H support A bounce is expected Stoploss: closed under the Trendline
Use of Phoenix Ascending indicators and Bad Ass Bollinger Bands (publicly available) to provide TA for SOLUSD using the near term group of TFs (1D, 2D, 3D, 4D) as a compass and the short term group of TFs (90 min, 3H, 6H, 12H) for more precise exit and entry. There is potential for higher highs in many of these TFs. My technical analysis is based on those of David...
SOL and Akash continued to just rise throughout this last few days of selling. not exactly sure why or what that means...but based on what i can see, SOL is a little bit in OVERBOUGHT territory...But all other indicators point towards continued price discovery. Thoughts?
I feel a 1-2 consolidation at 11.5 to 12usd...then an impulse to 15USD about on wednesday> Thoughts?
Solana is a great ecosystem project that can be compared to Polkadot, but for now it's faster to send SOL and it have less supplies, this timeline analyse is very preservative, TA have to be combined sometimes with FA to adapt trends. i know this graph could be a bit complicated for some peoples but it's just a fibo channel + fibo Timeline, combined with impulsive...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (8.18). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . SOLUSDT is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (8.18). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . SOLUSDT is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
SOLUSD Hit my target congrats for thosw who bought at the bottom when i posted the idea cheers
In short term we have a reversal head & shoulders formation and target is 9.07 Follow Tp and Sl on the chart.
STILL EARLY BUT BE MINDFUL WE BOUNCE FROM HERE AND LOOK FOR A BREAKOUT PAST $7.20 -7.30 FOR COMFORMATION