Only yesterday I made an analysis on SOL and the pending break out. I was arguing that SOL was likely to follow the triangle for another while. However, a bullish break out was likely to happen soon.
And indeed, today was the day of the huge break out candle, right through...
Last time we considered the Elliott waves 1-2-3-4-5 cycle. Today we are going to talk about correction types. Corrections contains of 3 waves A-B-C. Bill Williams recommends to trade only Simple Zigzag corrections, but we also should be able to distinguish other types of corrections. Let's go!
Simple Zigzag Correction
If you find that the...
Whats up ? congratulate to anyone for new ATH of Bitcoin
From our last analysis the 3rd target was reached and we are now ready for the 4th one , but before we are going toward the way for reach to 4th target we need pullback in our buy zone or near to it
Finally, SOL breaks the resistance. It is now near the $195 resistance area. The major resistance is $210 - $215 and after that, it will enter in price discovery mode. We may see a retest of $172 - $178 support before the next big move. Hoping you already grabbed some SOL below $150. Try to catch more near the support area.
SOL/USDT FREE UPDATE
Solana broke the upper trendline exactly as the ParadiseTeam predicted 7 days ago and confirmed that the breakout is legit by closing a daily candle above it.
Once we break $215, SOL will start a price discovery mode.
Our main target is still $266, which can get extended if we successfully overcome it. As you all already know from the 2017...
Like I sad in other posts, most Alts are waiting on ETH to break ATH to start breaking ATH`s as well.
We are depending on the timing now, if ETH start overtaking BTC, we could have a big move in the Dominance even though BTC is slowly going up.
We are still in BTC`s time, but be ready to move your capital accordingly and take full advantage of the...
*Originally shared the idea few days ago, When it was trading at 156$
SOL/USDT formed a symetric triangle on 4H chart.
The 200EMA was laid under the 55EMA showed a possible upward movements.
After the previous ATH, SOL made sideway movements for near 60 days.
bullish MACD divergence was appeared.
Volume was quite good and the RSI was 42 before pump.
Solana Solana - I remember a few weeks ago, when it was at 66$ and I thought that the fundamentals look good for an investment.
Unfortunately I did not go long back then and one day after it ran up too much to talk about it ;(
However, now SOL is currently preparing for a run and what we can see on the chart is a double-bottom (daily). Before going long,