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Solbtc

SOL/USD - Short opportunity! 20% gains possible!As indicated before (see my last SOL idea for the big picture), the macro trend for SOL at least in the medium term is a correction/bearish trend. We're about to have a bearish cross on daily on MACD which will indicate price will have to fall some more before we can expect any new pumps. As such, best to search for shorts in SOL, unless you already shorted the top at $200. Any entry around our resistance trendline is a good bet with a good risk/reward ratio. Our next opportunity is to short around $168 and aim for a correction towards our Fib 38% level or $135 support. Best to not be greedy if you short and aim to secure profit as soon as we approach our support. SOL can still pump significantly once we break our resistance. For now I expect at least one more leg down after we touch the resistance line. Like and follow if you liked this idea!
Short
by DU09
2
Solana's Short Term PossibilitiesI see Solana doing some interesting stuff, it's still over bought but after the bot attack the other day but it sure seems strong in the eye of investors. Solana has an extreme TPS (transactions per min) rate that is challenging all competition. With that said, this coin is in the early stages of growth. On a technical note, I think we can go either way and that also includes sideways. I am watching for a bounce or flip below the thin red line which is the Bollinger Band SMA. If your not confident here, stay out of the trade. This is not financial advice.
FTX:SOLUSD
by ChartProphet
SOLUSDT Technical Analysis ⏳ Spot 💎 SOLUSDT has formed a Bullish Flag. It has been rejected by the bottom of the channel several times. I expect that the price soon breaks above the Flag and continues to go higher,. It might have a Pullback before it goes higher. 🏁 Short & Medium Term 💵 Invest Only 5% of your Portfolio 🎳 Entry at market or 150.00 ☕️ TP1 165.00 🍺 TP2 173.00 🍻 TP3 183.00 🍾 TP4 194.00 🍷 TP5 213.00 🍸 TP6 ______ 🍹 TP7 ______ 🎁 TP8 ______ 🚫 SL 142.00 Good Luck 🎲 Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a Profitable Day
Long
by Fibonacci-Signals
5
Ethereum terms apply. Do not rush.The domino effect applies. BTC+ ETH+ rise ALLCOINRise BTC+ ETH+ down ALLCOINDown We compared it to Ethereum. But Ethereum is not. Solana, Ethereum Classic, Neo, Ada,Dot, etc. as smart contracts. They will leave it in the middle like a doge coin. I will not let anyone else destroy the tower. Me and my team will destroy it personally. This pain is unbearable. It will not fall. It will crash. Identify non-falling places. We're going to lower it. Good luck with our new Doge coin. Lots of gains. Trading Cycle |Optimism. Slowly, without fear. without pain, We're planning to explode it at once. 3 times more than in the past. We will enter such an open position. that there will be no such thing as Stop. Is the decrease 10%, 15%, 20% or 25%? 50%? %80? Let it rise, let's fall harder. Open your way up. Get harder, get tougher. If Ethereum goes down, don't pity any coin. (SHORT) Fire Everything. (SHORT) The fire is close to extinguish. Throw wood on the fire. (SHORT) You saw that the fire was going out.(LONG) This time, pour Water on the Fire. (LONG) Plant Saplings in the Ashes. (LONG)
FTX:SOLPERP
by TraderEtc
2
Crypto Catastrophe Planning (Sol, Luna and ADA/Cardano)I have spent some time looking at the dollar (DXY, see the linked Idea please) and it has a lot of upside potential based on some simple TA on the monthly time frame. Based on that potential prolonged dollar strength I think some crypto Crypto Catastrophe Planning is in order. Last bear market one of my favorite analysts, Francis Hunte, called his XRPBTC short the gift that keeps on giving due to its continued downtrend trend on the weekly. Of course you don't get the same gains perhaps as being in and out of bounces on XRPUSD but you save yourself a lot of mental energy from the chop up and down that we see below. XRPUSD rallied less than BTCUSD, which means a red day/weeks for XRPBTC, and it dumped more than BTCUSD, which means another red day or week for XRPBTC. An entry within the blue triangle of XRPBTC looking for a break down would have been very profitable for the patient. If we take the same idea for our catastrophe planning we would be looking for structures that we can play technically for entries that could pay out for the next six to nine months, or even longer. Cardano is in a rising wedge with three touches on the support and 2 touches on the top. That gives us a structure to play very technically. SolBTC has popped out of a rising wedge. That is very much blow off top behavior and often we see price action find tenuous support on previous resistance before falling through the wedge. Then price action has a chance to turn previous wedge support into resistance. I have taken a short on ADAUSD due to the weakness I see on the daily chart for both ADAUSD and ADABTC with a stop loss taken at the high. I have two flat topped red HA candles and I will be looking for the wedge break down. If I see the ADABTC wedge breaking down I will put on a ADABTC short SOLUSD is likewise popping out of its rising wedge but hasn't shown the weakens I want for a short just yet. There is a pregnant HA candle so I could go in with a sell stop but Imma hold off SolUSD and SolBTC shorts for now LunaUSD looks very primed for a move to the downside. It is in a rising wedge and has bearish divergence on the 8 hour time frame. Once we see some downward movement we can evaluate if we think it will be prolonged or perhaps continue to chop. I am holding off on shorting for now.
Short
by This_Guhy
SOL/USD - Time to be careful on Solana! 🙃As you can see from this simple chart, Solana appears to be at the end of wave 5 in a beautiful Elliot Wave structure. Once this structure is completed, expect a correction, maybe an ABC towards our support around $50. I don't exclude another green week, but this is not the time to buy. This is when you slowly secure profits and sell. The waves are perfect both on USD and BTC pair, so there are no divergences here. Chart is pretty clear. On daily, MACD is starting to curve down, if we have a bearish cross that is your last signal to exit. Because holding then has no point unless you play the long game. For now best to be cautious and use your cash for better opportunities. SOL already gave us an amazing rally. Like and follow if you liked this idea!
S
by DU09
6
Solana (SOL): Massive Upside PotentialIn this post, I'll be taking a technical approach to Solana ($SOL) . Disclaimer: This is not investment advice. This is for educational and entertainment purposes only. I am not responsible for the profits or loss generated from your investments. Trade and invest at your own risk. Analysis - Solana is currently ranked #6 in terms of market cap, with a size of $58B. - It is a rising platform that is arguably more efficient and cheaper than existing ones. - Looking at the technicals, there are three main points that I found to be very bullish: - First, we broke through the trend line resistance that connects the higher highs. - Also, despite the massive price dump that took place across the entire crypto market yesterday, Solana has managed to maintain its momentum. - Third, the volume continues to increase as we trend upwards, demonstrating confidence from buyers. - The moving averages are also aligned in order, indicating that the overall uptrend on the longer frame is intact - Counting waves, we can see that we are currently in the midst of the fifth impulse wave. - Based on fibonacci retracement levels, we could expect strong resistance around $250, with a target up to $770. If you like this analysis, please make sure to like the post, and follow for more quality content! I would also appreciate it if you could leave a comment below with some original insight.
FTX:SOLUSDLong
by Michael_Wang_Official
10
CHAINLINK 2.0This coin went up 200x from 0.5 to 100$. that's literally 200x. People are fomoing in right now and institutions who bought low will sell and take profit. DO NOT SHORT LEVERAGE THIS!! take profit if u bought at 25-50$ u sitting with massive gains.. at worst case it could hit 150$. usually when coins go up this much they will tank 30-50%. How do i know this well the circulating supply is high and its not like KUSAMA with low supply circulating. Look at chainlink with almost same supply it did 100x during bear market and tanked. Its better to take profit with 10-20x and find new coin who has not pumped yet then waiting for more gains with a coin who went 200x. under 1 year.
Short
by CringeCrypto
2
Solana (SOL) - August 30Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (SOLUSD 1W Chart) There is virtually nothing to tell from this chart. However, if the price is maintained above the 19.0361979-24.561629 range, it is only expected that the upward trend will continue. (1D chart) It remains to be seen if the 92.6102571-97.1808402 section can find support and move up. If it goes down, you should see support above the 83.4690903 point. ------------------------------------- (SOLBTC 1W chart) If the price holds above the 0.0004228 point, it is expected that the uptrend will continue. In particular, if the price is maintained above the support zone formed near the 0.0008297 point (0.0006121-0.001), it is expected to create a new wave. (1D chart) It remains to be seen if the price can sustain above the 0.0019318 point. If the price continues to rise above the 0.0019318 point, I would expect it to re-direct in the 0.0021402-0.0022444 range. If it goes down, you should check to see if it finds support in the 0.0016193-0.0017235 area. ------------------------------------------ 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. ------------------------------------------------------------ ----------------------------------------------------- ** 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 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.) ** See support, resistance, and abbreviation points. ** 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. Explanation of abbreviations displayed in the chart R: A point or section of resistance that requires a response to preserve profits. S-L: Stop Loss point or section S: A point or section where you can buy to make a profit as a support point or section. (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.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day. G1 : Closing price when closed G2: Opening price (Example) Gap (G1-G2)
BINANCE:SOLUSD
by readCrypto
2