$SOL SOL/BTC SOL is going to create a generation of bagholdersThe wheel is turning and the sun starts to set on SOL. Strength is gone, other coins are pumping. SOL is running on vapor fumes.
It is a good time to start rotating out of SOL and securing profits. Invalidation = new ATH, but even then I'd wait for decisive push.
Do not be fooled by SOL/USD, but do not short it either. SOL/BTC could be shorted by the brave, but this is still a bull cycle.
-DDD
Solbtc
SOL/USD - Losing steam? Solana trying to push higher!Like Ethereum, Solana broke another record this week, reaching a new all-time high at $250. This is a nice round number after a fantastic week where SOL saw a 23.2% price increase. This places the cryptocurrency as the fourth largest one in terms of market capitalization.
Solana has support at $236 and below that at the previous all-time high of $213. Therefore, any correction should find substance around these levels. If the price decides to continue higher, the most immediate resistance can be found at $269.
Looking ahead, Solana might be expected to continue higher. This is an exciting race and forces each blockchain to push innovation to the limit in the race to stay on top. This ultimately benefits the user.
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Solana (SOL) - November 7Hello?
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(SOLUSD 1W Chart) - Mid-Long-Term Perspective
Above 61.44-72.85 section: expected to continue upward trend
Above section 108.38-152.84: Expected to create a new wave.
Currently, it is rising 4 times the ascent of section A.
It is necessary to check whether the rise corresponding to the ascent width of section B comes out and touches section 317.55-333.37.
(1D chart)
If the price is maintained above the 238.46-254.28 range, a move is expected to move up to the 285.92 point.
An important segment of this ATH update is the 179.45-199.83 segment.
So, you need to make sure the price stays above the 179.45-199.83 range.
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(SOLBTC 1W chart)
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released.
(Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
SOL/BTC buy opporunityHi followers,
BINANCE:SOLBTC Just recently finished a big ABC correction, which was followed by a very nice bullish flag.
Will this setup play out to reach previous all time high?
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
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Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only
SOL - is going to break this trendline 🔥🔥SOL is back to its all-time high. The first time the price broke this level but could not move higher. This was followed by a small pullback. Now the price is back to the level and it is starting to squeeze. This is a good signal for a breakout and continuation of growth. Also worth mentioning is the rising lows, which is also a good signal for growth. A good buying opportunity could be after a breakdown.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
SOLANA triangle breakoutSolana broke up this triangle 📐 and I think there is chance for run to 237 and even higher. Setting BUY LIMIT order to catch the pullback and add to my bag. Check the other triangle breakouts in related ideas. SOL , just show us some love!💕
ENTRY : local high @ 149
SL : local low @ 128
TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 237
RRR : 4.3
INVALIDATION : when SL level hit
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
SOLUSDT Technical Analysis⏳ Spot
💎 SOLUSDT has formed a triple top under a significant Resistance. After the breakout it is going for a retest and after the rejection I expect that it continues the Bullish move
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 215.91 - 219.03
☕️ TP1 232.39
🍺 TP2 249.85
🍻 TP3 270.06
🍾 TP4 291.25
🍷 TP5 315.00
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 210.00
Good Luck 🎲
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Solana/USD About to Moon?Solana has held the Fibonacci golden pocket as support, and has now broken the corrective trendline, confirming the bull market. We’re looking for price to have a continued upside, targeting the 27% fibonacci extension at the price of USD 235. Our idea would be no longer valid if price breaks below the fibo golden pocket and trades through the $165 mark.
I will be honest about SOLI'll be honest about SOL.
Yes, it has potential, but that double top I am seeing in the supply zone is not very nice to look at, which simply means: be prepared to consider this a top if the 217 levels stayed a supply zone.
now the good news: SOL retested and wicked down to the 0.786 level and bounced off from there.
Our golden ratio is still around the 145 levels and we have a major support at 123
I'm hoping to establish demand at the 177 area.
establishing demand is to basically retest 177 again or three times with significant volume to the upside, here's how you can ape in.
Anyhow, could be the calm before the storm.
I think altseason may be around the corner and if alt season is here, then SOL is not done yet.
SOL will EXPLODE once price is done consolidatingSome very bullish news surrounding solona and heavy out-performance over the rest of the market has sent SOL parabolic. But its not done. Expecting more highs to come.
- Daily support / resistance has been broke and has held up
- Price is now consolidating in small channel atop ATH support
- We wait for momentum to drop, a break of of consolidation, and for bulls to regain control over momentum and then were in
* One of the hottest coins in the market right now. Once BTC and ETH start making gains off recent pull back, SOL is outta here