SOL/USDT/PERPETUAL/1H
The price chart of Solana has entered its correction phase after the fall and managed to correct up to the 0.886 Fibonacci range. According to the formation of the continuing flag pattern and the negative hidden divergence identified in the image, we can expect the continuation of the main (downward) trend.
If the price chart can break the...
Hello Trader, today we are looking to BINANCE:SOLUSDTPERP
direction : long
Entry 12.875 - 12.706
Stoploss 12.316 (3%)
Leverage : cross 50X
Please Notice the SL & TP on the chart are not exact
numbers because no one can ever tell the market to the dot
so therefore this is an area of interest.
If you have any questions please contact us via Private
Message or...
Hello 🐋
Based on the chart, the price is close to the major support (bottom) ✔️
we
expect to see gain besides the range market is acceptable scenario too 📖💡🚀
and
if the price break the rang area to the upside, we will see more gain 🚀
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
What is a Symmetrical Triangle
A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. Trend lines that are converging at unequal slopes are referred to as a rising wedge, falling wedge, ascending triangle, or...
will wait for the price to go back to demand zone before buy long.
Limit order on this trade using a demand zone on a 15m TF.
Price is already on a 1HR demand zone however the momentum is still
on a bearish mode, so I will use a 15m TF instead. Hope this will work :)
Hello Trader, today we are looking to BINANCE:SOLUSDTPERP
direction : long
Entry 14.280 - 14.165
Stoploss 13.743 (3%)
Leverage : cross 50X
Please Notice the SL & TP on the chart are not exact
numbers because no one can ever tell the market to the dot
so therefore this is an area of interest.
If you have any questions please contact us via Private
Message or...
After massive Spill, SOL looks rather bullish, breaking to the upside of a more than two weeks long symmetrical triangle. Does this mark the start of a Bull run for SOL?
Disclaimer
this is my personal analysis , and do not constitute, financial, investment, trading,
or other types of advice or recommendations supplied
i'm not responsable of your finger when you buy or sell thanks
BINANCE:SOLUSDTPERP
Next potential target and last station for Solana in this bear market
Pretty simple pattern. If we not break and hold with retest 17$ most likely we can see 5$ for Solana before next FED hike rate 14Dec. So drop according to size of descending triangle we can see around 7-10 Dec. Also with this drop we will close gap on Weekly candle 2021...
Solana in big trouble, as also Binance cut withdrawals with solana network for USDC and USDT can go also to 1 usd, but at least will test the 4.9 support
There are no active buys on the chart, so far the price is moving in a narrow range.
The cryptocurrency is expected to continue its decline. "Traders are nervous about the value of SOL and the possibility of massive liquidations. SOL is a pledged asset that is likely to be liquidated as FTX/Alameda needs to raise cash. The entire Solana ecosystem has also been...
after the clear five wave impulse to the up side SOLUSDT did a 3wave pullback which i think is a W and now going up for a relief rally before going down again.
BINANCE
