Solbtc
SOL/USDTSOL is still struggling to break the strong resistance area. SOL goes below the support and leaves a wick below the $140 area. It needs to get a retest of the strong resistance area to gain some bullish momentum. The support and resistance remain the same. Altcoins are waiting for BTC to get stable and give some room to altcoin!
Solana (SOL) - October 19Hello?
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(SOLUSD 1W Chart) - Mid-Long-Term Perspective
Over the 61.44-72.85 section: Expected to create a new wave.
(1D chart)
First resistance section: 179.45-191.01
Second resistance section: 238.46-254.28
Support section: 127.74-143.56
It is important to keep the price in the range 143.56-191.01.
I think the resistance section is a psychological resistance section, so I think it is necessary to walk sideways in the section 143.56-191.01 to get over this section.
If the 143.56-191.01 section continues sideways, it is expected to form a new support section and move up to the second resistance section.
If the decline is from the support zone, it may move towards the 96.10 point, requiring a short-term Stop Loss.
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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 as price and volume move.
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.)
SOLUSDT Technical Analysis⏳ Spot
💎 SOLUSDT has formed a Symmetrical triangle and a Bullish Flag. After the breakout by a large green candle we expect the price to go lower to the Pullback zone and from there continues to go higher.
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 155.00
☕️ TP1 168.00
🍺 TP2 178.00
🍻 TP3 188.00
🍾 TP4 ______
🍷 TP5 ______
🍸 TP6 ______
🍹 TP7 ______
🎁 TP8 ______
🚫 SL 140.00
Good Luck 🎲
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Solana on the verge of 100% profit and more?!!!SOL/USDTFREE UPDATE
Are you ready for $266
Solana has been among the top performers most of this year and saw a time of boring consolidation for the last two months. Solana Breakout event in Lisbon starts on 7th November, which seems to be the perfect catalyst for the SOL ecosystem bullish run to continue.
From a technical perspective, the price bounced after testing the D2 demand zone and the channel support and range 0.25. plus successfully re-tested the local 4hr demand.
Downside risk is based on the whole market turning down, but that's always present. Should be one of the best relative performers.
On the lower 4h timeframe, we saw a nice break above the IHS neckline, so the momentum to continue remains very high. We are bullish on this coin and expecting it to do very well in a medium time frame (weeks) with major resistance at $266.
$SOL will go to 4 figures and will replicate 17/18' ETHSolana has had 2 major runs so far this bull season and I'm expecting the last one in Q4 and Q1 of 2022. I think BTC will go to 144K at it's peak and then probably crash 50-60% (if we repeat the cycle fractals) then it will trigger final alt-season and it will run from 50-60K to 100K so SOLBTC at that point should be anywhere between 0.001 - 0.0015.
Sol currently consolidating and it will probably continue to until the end of November/ beginning of December.
Let me know your thoughts in the comments.
is $SOL corrceting?it looks like solana could be about to have a decent correction.
it has fallen outside of the diagonal trend on the weekly chart (we are only monday).
currently the fib cicrle is cradling the price.
solana needs to push back into the diagonal this week for bullish continuation (flat top breakout).
if it falls then $50-60 would be a miracle to scoop some up
✅ SOL - What's next?SOL is showing Buy Volumes on different platforms.
We experienced a breakout and got rejected by a static resistance level. That also formed a noise in our uptrend regression which you can see on the chart.
Right now the prices are consolidating sideways and we're close to touching the lower band of our channel and also we might get another support by hitting the local support IF ONLY the price crosses the lower band.
There is only one static resistance on the way up and I'm thinking SOL has enough buy volumes to cross that resistance or at least retest it in the next few days.
There are two support zones that can be helpful in case any drops happened.
As I've said in my last ADA and XRP chart, Watch for Bitcoin , since it looks like it's going to touch ATH or even cross it. After Bitcoin calms down SOL can perform stronger than now and might run for testing the ATH . If possible, it might cross it and touch the red resistance as I've shown on the chart.
if not successful, then it's going back down but I'll update the support when that's about to happen.
SOL isn't showing STRONG buy volumes in the market but it still has some time to build up a foundation on this support zone.
I'll keep this chart updated.
Use this chart as your trade setup for now.
Current Market Price: $156.47
Good Luck
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SOL/USDTSOL rejected from the strong resistance area of $171.5 - $177.8. Price now trading between a Strong support and resistance zone. $147.9 - $153.6 is the major support zone and the price might come to that area. You can have a long position between those areas. If BTC continues to range then alts will start gaining strength. Use proper risk management in the trade.
SOLANA (SOLUSDT) $ 500 is a possible target Solana made a huge bull rally in this bull run and currently it is in a accumulation zone. SOLANA hit golden pocket and it is going well. My 1st target is $ 350 & next $ 500 in this year.
Keep eyes on Solana.
Thank You !
#DoYourOwnResearch#
#IamNotaFinancialAdvisor#
SOL Update - Loading up for a bigger moveHere's a quick look at SOL 2 hr chart. As we can see, the price has been forming a bigger bull flag and we could se a very big move to the upside soon! Definitely one to keep an eye on.
The best entry would be, when the price breaks above the bull flag with good amount of volume .
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The idea is: Buy the breakout from the bull flag and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 163$
2. 169$
3. 177$
4. 185$
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
SOL/USDTSOL is now retesting the support area . It needs to hold this support to remain bullish . A break below this support will send SOL back in the trading range and the local support after this is $140 and $125 - $130 area. You can add some SOL near $150 with tight stop loss or wait for more confirmation here.
SOL is getting ready for a break to the upside! Here's a quick look at SOL 1 hr chart. As we can see, the price has been forming a bigger bull flag and we could se a very big move to the upside soon! Definitely one to keep an eye on.
The best entry would be, when the price breaks above the bull flag with good amount of volume .
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The idea is: Buy the breakout from the bull flag and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 169$$
2. 177$$
3. 185$
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Macro analysis of Solana $SOL #SOLANASolana has many events happening for itself in the upcoming months. I will go through them in my own channel.
But in my Own, zooming out on the daily candle and with the help fibbo and parallel lines channel, we can expect to see Solana touching $250 very soon.
You can confirm this TA on SOLBTC chart as well.