The key is whether it can receive support and rise around 136.92Hello traders!
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(SOLUSDT 1M chart)
The 136.92 point is the HA-High indicator point.
Therefore, the key is whether it can be supported and rise around 136.92.
(1W chart)
Since the MS-Signal indicator is formed over the range of 0.618 (119.71) to 0.707 (135.56), the key is whether it can be supported and rise in this range.
If this fails and it falls, it is expected to fall to around 0.5 (98.71).
In other words, you need to check if it can be supported and rise near the M-Signal indicator on the 1M chart.
Since the HA-High indicator was formed at the 168.41 point, it is likely that an uptrend will begin if it rises above this point.
(1D chart)
The StochRSI indicator is showing an upward trend in the oversold range, but considering the current setting value of the StochRSI indicator, it must rise above 30 during trading to be considered to be out of the oversold range.
Therefore, it cannot be said that it is out of the oversold zone yet.
However, if StochRSI > StochRSI EMA remains, the possibility of an upward rise increases, so the key is whether it can receive support and rise around 136.92.
Currently, the horizontal point of the BW indicator is formed at 153.16.
Therefore, it is time to buy only when the price rises above 153.16 until a new horizontal point of the BW indicator is created.
Therefore, if support is confirmed around 136.92, proceed with aggressive buying.
If you encounter the horizontal point of the newly created BW indicator or the MS-Signal indicator around 153.16, you should sell it in installments.
This is the basic trading strategy of aggressive buying.
However, depending on the situation, you can either sell 100% or sell the purchase principal amount.
As mentioned earlier, full-scale purchase is
- horizontal point of the BW indicator,
- MS-Signal indicator,
- HA-High, HA-Low indicators,
- Support and resistance points drawn on 1M, 1W, 1D charts
This is possible when it is confirmed that you are supported in the above areas.
Have a good time.
thank you
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched.
#BTCUSD 1M
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55
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SOL
SOL/BTC - Solana: Trend Reversal◳◱ On the $SOL/ CRYPTOCAP:BTC chart, the Trend Reversal pattern suggests a pause in volatility, potentially gearing up for a breakout. Traders might observe resistance around 0.0026222 | 0.0029394 | 0.0036074 and support near 0.0019542 | 0.0016034 | 0.0009354. Entering trades at 0.0022664 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Solana
▣ Rank: 5
▣ Exchanges: Binance, Huobipro, Mexc, Kraken, Hitbtc
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: Solana is a public base-layer blockchain protocol that optimizes for scalability. Its goal is to provide a platform that enables developers to create decentralized applications (dApps) without needing to design around performance bottlenecks. Solana features a new timestamp system called Proof-of-History (PoH) that enables automatically ordered transactions. It also uses a Proof of Stake (PoS) consensus algorithm to help secure the network. Additional design goals include sub-second settlement times, low transaction costs, and support for all LLVM compatible smart contract languages.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.0022664 ₿
▣ 24HVol: 814.743 ₿
▣ 24H Chng: 3.206%
▣ 7-Days Chng: -4.89%
▣ 1-Month Chng: -23.98%
▣ 3-Months Chng: 57.21%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.0026222 | 0.0029394 | 0.0036074
◢ Support: 0.0019542 | 0.0016034 | 0.0009354
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -3.43
▣ Last 90D: 2.05
▣ Last 1-Y: 2.26
▣ Last 3-Y: 0.99
◲◰ Volatility :
▣ Last 30D: 1.06
▣ Last 90D: 0.89
▣ Last 1-Y: 0.91
▣ Last 3-Y: 1.19
◳◰ Market Sentiment Index :
▣ News sentiment score is 0.39 - Bearish
▣ Twitter sentiment score is 0.57 - Bullish
▣ Reddit sentiment score is 0.55 - Bullish
▣ In-depth SOLBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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SOLUSDT.PAnalyses are all based on probability, and one should be ready for movements on both sides. According to my strategy, the price needs to move higher to mitigate the selling Order Block. Therefore, for a short-term position, with proper risk management, opening a long position could be considered. After reaching this level and confirming it properly, a long-term short position becomes probable.
I Cannot LONG This !!!Hi.
Solana is in a correction phase, similar to other altcoins
The $127 level is a strong support, but if Bitcoin experiences a breakdown below $60,000, the price could drop to the $100 support zone.
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
🔆📈 SOL Long Trade Strategy! 🚀📊📊 Analysis:
Upper Range Support: SOL is currently at the upper range level of support.
Entry Point: Consider entering a long spot position upon a break above the $140 level, confirmed by an open and close of a 4HR candle above that level.
Profit Targets: Target profits at $165 - $180 or $200 - $220 resistance levels.
Risk Management: Set a stop-loss just below $128 to control potential losses.
📈 Trading Strategy:
Entry: Long position initiated upon break and confirmation of the $140 level.
Targets: Take profits at identified resistance levels.
Risk Control: Maintain tight risk management with the specified stop-loss.
🚨 Note: Volatility remains high; monitor the market closely and adjust strategies accordingly! 📊🔍 #SOL #LongTrade #CryptoAnalysis 🌟📈
SOLANA UPDATE SOLANA has been one of the best performing large caps this year. A strong L1 project that has an ATH of $260 from the previous Bullrun that has made a huge rally off the lows.
My pessimistic side is worried that the rally has been exhausted, we've reached HTF RESISTANCE as well as a STRONG BEARISH DIVERGENCE. There is a strong case to be made that using TA this would be a great place to take profits. Not necessarily go short, but de-risk and enjoy what would have been a roughly 5x from lows.
We also have SOLANA being used to buy SOL memecoins, we're seeing this across the board with AVAX and INJ too, we've reached the memecoin phase of the run which also leads me to believe this move is coming to an end. Just how long the memecoin run will last, who knows, but it will come to an end as they always do, and usually very suddenly.
For now TA says to de-risk, however FA is running the show for now, we'll see for how much longer.
Solana Fib Fan Shows Support at $107-122Where can we find support for Solana? A quick draw of the Fib Fan shows that if our 100 day sma does not hold, we could drop to anywhere from $107 to $122. This would coincide with both the rising 200 day sma and .618 on the Fib Fan, a great area of confluence which would make great support.
SOL/USDT planning for bullish move?👀🚀SOL Today analysis💎 Paradisers, let’s delve into the #SOLUSDT analysis! An intriguing shift has occurred, with momentum gradually recovering from critical support following a significant drop.
💎 A few days ago, we observed a double top formation. Subsequently, the price of CRYPTOCAP:SOL experienced a substantial decline, breaking below recent lows and completing an SPA pattern. Currently, the price is showing respect for the critical support level at 123.60. If this level successfully holds momentum, we can anticipate a move toward the major resistance above. Notably, there exists an unfilled gap below this resistance, suggesting a high likelihood that the price will revisit that area.
💎 However, it’s crucial to exercise prudence. Should Solana dip below the pivotal support zone, we might witness a pronounced bearish downturn. In such a scenario, our attention shifts to anticipating a bullish rebound from the lower support level at $102.58.
💎 Remember to employ sound trading strategies and implement proper stop-loss measures! Stay vigilant, closely monitor market movements, and eagerly await further insights.
MyCryptoParadise
iFeel the success🌴
Chainlink What Now?Is this move a surprise not really if you been following my Chainlink ideas.
Published in February warning traders that giant rising wedge had formed and the target of that wedge is back to the top of the massive range at 8-10 dollars.
March 18th we got a bearish cross the MACD , this was another signal of things to come.
On the LINK/BTC we can see that we hit the exact bottom of June 2023 lows when Chainlink hit 5 dollars and completed its wave 5.
We also have this very important date coming up with LINK , which is April 22nd 2024 or more like the week instead a specific day. This Fib time sequence has predicted Chainlink event for years with 100% succuss rate , check it out below
We once again get to see if proves to show us something of value.
On the Main chart above you can see this time fib sequence once again showing pivot points on the weekly , showed us all time high , June 2023 low , I mean simply amazing sequence here apart from 3.618 in grey you can see failed to produce anything special.
Even though the target for the rising wedge is 9-10 dollars I would link to see LINK hold the 1/1 Gann Fann right now its sitting right on it so we don't want to see a close under that would be pretty bad to close under the 1/1 again.
SOL (SOLANA) Technical Analysis and Trade IdeaThis video presents an in-depth examination of a technical analysis and trading strategy for SOL. Our evaluation indicates the possibility of a trading prospect. We conduct a detailed review of the prevailing price movements, examine the market's framework with precision, and take into account the market's forces. Given the positive circumstances, we pinpoint a prospective point of entry. Nevertheless, it is essential to emphasize the importance of applying strong risk management measures. It is important to remember that the content of this video is intended solely for educational purposes and should not be interpreted as investment advice.
Bitcoin Finishing the ABC or still another Leg DownSeems the triangle i posted a week ago was the thing to follow, but we saw a failed breakout, even before the sudden dump we had this weekend. Glad i am still mostly on the sidelines here :).
Long story short, also not sure what it will do, the ABC i mentioned weeks ago (drop to 55/60K), could have finished already with that dump this weekend, but could still see another leg down, just dont know here. Think for the bulls though, we need to see a break of this red zone, so 67.5/78K, preferably a 4H close even above. Only then will i think bulls are in favour, until then i just dont know, but do think bears are slightly in favour.
Must say, alts got hit pretty hard again even though BTC is still so close to the ATH. Glad i sold a big chunck a month ago when i called for a correction at the 73K. See most alts are down 50/70% even, honestly dont know what to think of that big weakness, didnt expect that to be honest.
Problem past 4/5 days is the stock market. Where BTC showed some independent movements past months, with exception of some days here and there. But the past week or so, it seems the BTC market is very nervous and dumps as soon as stock market goes down. With intrest rates going up a lot past days, stock marken being close to the ATH, could mean extra pressure from that side as well. So outlook for coming days/weeks isn't great.
Bigger picture, is still the same for me, still think we should see another move up eventually. My level i really do not want to see get broken, is around 55K. It could also be up to 51/52K, not easy to say. But i do know, if it gets below 58/57K, I will already get very nervous about the longer term bullish view. If the 55k breaks (not talking about a wick), i will prob start to believe the bull market is already done. Until then, i will remain bullish in general.
Solana 🔻Attention, dear traders! 📈 Today, let's take a closer look at Solana's hourly chart to assess its short-term outlook! 💪
Recent price movements suggest that Solana is forming a descending channel. I made some adjustments to it after my last analysis👇
This indicates that the price recently rebounded from the upper resistance level and is now heading towards the support zone, located at approximately $169 $ 165 - $162. 🔻
One more my SOL/USD chart, take a look 👇
For those eager to expand their knowledge in trading, I've included a links below for further exploration.
Stay tuned for more updates! 📊 Thanks for tuning in! 💼
Best regards,
Kateryna 💙💛
LTCN About To Print MillionairesHello everyone, I figured I would do an updated chart on LTCN. My previous chart played out as predicted so far.
So, LTCN is in a clear breakout. Local top is coming around $30 with a possible 50% correction back down to $15 at that time. Coincidentally after the current cup and handle plays out, this correction will be forming a much larger cup and handle pattern on a higher degree of trend. If this larger cup and handle plays out then I can see LTCN hitting all time highs and probably breaking through into price discovery where we could see $1000 + LTCN. For this to happen then the native Litecoin cryptocurrency would have to be into the thousands of dollars. Either we are all crazy or Litecoin crypto is about to print bigger millionaires. Hold onto your hats folks, things are about to get interesting. Good luck out there.
This is just my opinion, none of this should be considered financial advice in any way.
SOLUSD Will it rebound on the 1day MA50 or lower?Solana / SOLUSD touched the 1day MA50 yesterday for the first time since February 24th.
That happens to be exactly on the long term dashed Channel Up.
If its holds the 1day MA50, buy and target 400.00.
If the 1day MA50 breaks, we expect a slightly lower bottom like on January 23rd.
On that occasion, buy when the 1day RSI hits its Support A Zone and target 330.00.
Previous chart:
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Bitcoin RoadMap 2024/2025The thesis I will present today will go over the idea that Bitcoin will repeat its first cycle over a longer length of time. There are a lot of theories on where Bitcoin is going next, and it's been interesting seeing so many different perspectives.
Every 4 years, Bitcoin follows through with its cycle, and we are now in the 4th cycle. So, what if it repeats the first cycle?
The first cycle is a interesting one , we had two tops, one big move followed by a 75% correction and after 231days we put in a higher high.
Last cycle nearly every single logarithmic model I was using broke expect the one you see in the main chart above, I know every model breaks eventually but until then we will base are projections around it.
The fact is there is not much room left from here , if Bitcoin repeats the same move and time then we looking at July at around 113k for a major 2024 top , for over 500 days now Bitcoin has been moving 100% every 120-140 days with the last move only taking 50days.
What is interesting is it took 1200days from Pi cycle cross to cross , if it repeats the next cross is in July and a my projected cross which will most likely not be very accurate since moving averages will move a lot depending on price but late October 2024 would be the cross.
Monthly RSI is the lowest its ever been in history coming back into all time high.
2Week RSI putting in nearly perfect lower highs since the start.
Bitcoin all time high consolidation pattern looking like it did last cycle in 2020 when it was back at 20k.
Looking over at my time cycles , it takes 1400days from cycle top to top this would put a cycle high in September 2025 from November 2021. It also lines up with my time fib in September 2025.
Elliott wave indicator is flashing a wave 5 both of NAS100 and Bitcoin , as you can see by going back in time its not 100% perfect and calling the top but pretty close most of the time , as you can see last cycle it was off by 3 weekly candles.
We are making lower highs on the Weekly and higher highs in price so bearish divergence could be forming here.
stochastic RSI pointing down and MACD histogram printing two lighter colours but as you can see stochastic last bullrun we were going down the entire time Bitcoin was going up.
Conclusion
There are some warning signs but there weak compared to the bullish signs , candle structure is still making lower highs from 4hour upwards and we forming same pattern as we did last cycle before massive run.
This is how I think it plays out , last phase of the first run is coming until end of July then massive correction into end of year and continuation of the bull run till cycle top September 2025.