Watch this re-accumulation, the spring should take out the SOW low and bounce back hard. A spring should be a fast manipulation move meant to take out all of the liquidity before moving back the other way. If it doesn't bounce back fast, it's invalidated! Keep an eye out for it and if you play your cards right, you get a fantastic entry for the next move
Another one where we nailed the exact bottom. February 23rd, 2024 @ 11:04 PM Now make sure you take profits on the way up!
I am shorting Solana on the 15-minute timeframe with a 1:2 risk-reward ratio due to its lower high and lower low pattern.
We have a technical double top here. ➖ The higher high hit 1-March 2024 vs 25-December 2023 is less than ten percent higher. This is a technical double top. ➖ The trading volume yesterday is lower compared to December. ➖ The strong bearish divergence with the RSI continues to build up... 👉 Solana (SOLUSDT) is set to enter a major correction after massive...
Hi Traders, Lessons or tips here and as well, what to look for the short term. All the best, S.SAri
Based on the provided market data, it appears that the SOL/USDT pair is currently in a bullish market. This is indicated by the Relative Strength Index (RSI) values which are above 70 for the 4 hours, 1 day, and 7 days frames, indicating that the currency is currently being overbought. The Moving Average Convergence Divergence (MACD) values are also positive in...
Ive had some great results trading SOL as it has developed a nice triangle on the HTF. Its currently looking to break out. So lets wait and see. Hoping for a breakout and a back test of the triangle before hopefully tasking off. If it rejects expect another leg down and I can cancel the Lamborghini As always im a novice trader learning the ropes and know sweet...
If you have been following me, I have been following this CRYPTOCAP:ETH fractal since $8 Solana. We have recently reclaimed prior support and attempting vertical ascent. Please see charts below I have posted on here as we have transcended since $8 Solana. Much Love, @CryptoCurb 2021 CRYPTOCAP:ETH vs 2024 CRYPTOCAP:SOL You simply are NOT bullish...
reversal H & S pattern Solana broke the resistance and test it again .
I wouldn't be surprised if Solana experiences a substantial increase as it is currently at an all-time high this year.
SOL is Pumping! Main reason is Up trend and Big OI increase best entry is at re-test to VWAP+
accuracy within fibs requirements. might be in play.
Solana has broken a resistance, and this could serve as a test of resistance turning into support, potentially continuing its upward trend. However, there is also a possibility of a price decline from this point. The outcome is uncertain, but I am currently in a short position.
A great scalp position, given that we are in a strong uptrend and corrective wave analysis we can expect to return to the green zone.
Alright, let's go for the $140 solana As in the characteristic daily chart, we have a very attractive target for Solana, which we will re-analyze after reaching the green zone...
A EW count on SOL showing the current low as wave ((3)) ended and current move up as a corrective rally (similar to winter 2022 rally, just a larger degree wave) So far, the technicals have played out very well, not perfectly but good enough to bank great profits on both sides of the trade. Just a projection, Not Financial Advise.
Solana appears to be on the verge of a minor decline, which is why I have taken short positions.
Sol is a few steps away from hitting the target in the monthly frame. The two specified liquidity boxes have the ability to start a downward trend. 2 green dashed lines and then the green box will be buying areas for the target of $317. NFA