SOL to $200, #SOLANA #SOLBTC #SOLMy dear padawans,
First I request you all, not to take this as a piece of financial advice.
This is the same content I have previously mentioned above in BTCUSD chart, but according to SOLBTC it has a small difference.
Personally, I love the Solana project because Solana can be able to validate 50000 transactions per second, fewer amount fees, and ecosystem technology.
I always think Solana should be in the first 4 market capitalization in the cryptocurrency world.
I predict something #BNB did before in the past after becoming the most popular ecosystem in the world.
Solona blockchain is getting famous and I personally think SOL will be a huge competitor for BNB as well as for Ethereum.
Okay, let's see how I predict Solana will go to $200.
I just drew fib levels, so I see,
Fib Extensions
261.8% 0.0043₿
200% 0.0036₿
161.8% 0.0032₿
138.2% 0.0029₿
100% 0.0025₿
61.8% 0.0021₿
50% 0.0019₿
38.2% 0.0018₿
23.6% 0.0016₿
We have to consider many things before entering a trade. This is just a prediction.
May the force be with you.
Cheers.
-@CryptoObi-
Solbtc
whatever happens to BTC , SOL is bullish 🌙Hi dears ✋
Hope you all have a good time 😇
well in this chart we have sol/btc which tells us that we have a eliot's triangle pattern done in wave 4 and we expect a breaking out of triangle for sure.
so I think whatever happens to BITCOIN the king of all cryptocurrency , IT WILL GO TO MOON 🌙 it has happend before between Apr 14th and Apr 21th and it riesed almost 90 % (I tried to put the image but apparently I can't 😒
you check yourself
and because of small wave 3 we have , I expect a expended wave 5
anyway decide yourself . you can wait till the breakout . I don't take any responsibility . It's my opinion it may be wrong
Thanks for your attention
support me with like, cm and follow ❤
SOLBTC LONGPrice action has shown CONFIRMATION of REVERSAL as shown by the GREEN TRIANGLE under the candle following the YELLOW candle, with a GREEN BACKGROUND.
CONTEXT FILTER is not denying this is a valid trade.
Price has broken above VWAP resistance (YELLOW LINE).
Wait for a retest of this level for the best entry.
Target the seemingly untapped SUPPLY area shown by the GOLD CIRCLES.
STOP LOSS below this local structure.
Solana (SOL) : An risky Opportunity to Shorta short from here will be a good RR Ratio... risky because of the bullish psychology of the retail traders..
Solana (SOL) - August 2Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(SOLUSD 1W Chart)
Since the wave is not complete, there is virtually nothing to tell from this chart.
However, if the price is maintained above the 19.03619793 point, it is expected that the uptrend will continue.
(1D chart)
If the price is maintained in the 28.62209039-37.76325722 range, it is expected that the uptrend will continue.
However, it must rise above the 42.33384036 point to continue the uptrend.
If it falls from the 28.62209039 point, you can touch the 14.91034042-19.48092356 section, so you need Stop Loss to preserve profit and loss.
However, as long as it does not fall below the downtrend line, it is expected to rise, so you should be prepared for that.
-------------------------------------
(SOLBTC 1W chart)
If the price holds above the 42282 Satoshi point, it is expected that the uptrend will continue.
(1D chart)
We'll have to see if we can get support by going up to the 88993 Satoshi-99412 Satoshi section.
If it rises above the 99412 Satoshi point, it is expected to create a new wave.
If it goes down, we need to see if it finds support at the 82970 Satoshi point.
If it does not fall below the downtrend line, it is expected to rise.
If the price is maintained in the 68155 Satoshi-88993 Satoshi section, it is expected to turn into an uptrend.
------------------------------------------
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)
SOL > Trendline Breakout/ Support and Resistance > Bull Run?Hello Friends,
Hope you all are having a thrill in your trading journey.
I am presenting you my analysis of SOL .
I hope my analysis is pretty clear to you guys.
Kindly do your own research and follow proper risk management.
Feel free to share your views in the comment section. Like and Follow!
Best Regards,
Shaswat Naman
TradeThrill, India🇮🇳
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Solana (SOL) : An risky Opportunity to longExpecting BTC To make a bounce from the bottom of the wedge as discussed earlier... so Solana should follow BTC As well after meeting the liquidity support area...
Solana (SOL) - July 14Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(SOLUSD 1W Chart)
If the price holds above the 19.03619793 point, it is expected that the uptrend will continue.
(1D chart)
If the price is maintained in the 24.34370873-32.05874831 section, it is expected to turn into an uptrend.
The price should hold above the 35.91626787 point to continue the uptrend.
If it falls from the 24.34370873 point, you can touch the 12.77114959-16.62866915 section, so you need a Stop Loss to preserve your profit.
However, it may follow an uptrend line, so you need to trade cautiously.
-------------------------------------
(SOLBTC 1W chart)
If the price holds above the 42282 Satoshi point, it is expected to continue the upward trend.
In particular, if the price is maintained above the 61209 Satoshi branch, it is expected to create a new wave.
(1D chart)
If the price is maintained in the 73914 Satoshi-96672 Satoshi section, it is expected that the upward trend will continue.
Looking at the big picture, the 73914 Satoshi-119430 Satoshi section is a sideways section.
The 119430 Satoshi-127016 Satoshi section is the section that determines the direction, and after two attempts to break through it, it fell without support.
Accordingly, support can be found in the 66328 satoshi-73914 satoshi section, so careful trading is required.
If it falls in the 66328 Satoshi-73914 Satoshi section, Stop Loss is required to preserve profit and loss.
However, it may rise near the 42282 Satoshi point, so be prepared for this.
------------------------------------------
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 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)
Solana V bottom recovery?Only spot trading this one at the moment against BTC (actually miss spot trading some times) I havent been playing a lot of the alt market recently as I have had more luck just trading Bitcoin through all this mess but I do enjoy trading SOL, might be a bias because I trade on FTX alot but I enjoy its price action and volatility, and can normally get some descent set ups on it.
Now although im semi bearish on the Crypto market has a whole right now I couldnt help but take this trade from that V bottom and R:R it offered over 7:1 and I got a descent entry off the pull back so happy to sit on this for a while at .5R.
I have circled that area at .000946 as the troubled area we need to break through for this trade to continue, if we fail to break this either 1st or second go and there is a lot of bearish reaction there like a big bearish engulfing, lack of volume or wicks to the upside indicating a supply zone It invalidates my trade and ill exit early for small profit and write it off.
Breaking this level im happy to sit tight and move my stops into take profit and let it run for a higher target and reassess when we get closer before jumping straight out.
Solana (SOL) - June 27Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(SOLUSD 1W Chart)
If the price holds above the 18.77040400 point, we expect the uptrend to continue.
(1D chart)
We need to see if we can find support by moving up along the uptrend line and moving towards the 32.05874831-35.91626787 section.
If it goes down, you should check to see if it finds support at the 24.34370873 point.
If the price is maintained in the 24.34370873-32.05874831 section, it is expected to rise above the 32.05874831 point.
-------------------------------------
(SOLBTC 1W chart)
If the price holds above the 42282 Satoshi point, it is expected that the uptrend will continue.
(1D chart)
It remains to be seen if it can move above the 96672 Satoshi point and continue the upward trend.
If it goes down, we should see if there is support in the 66328 satoshi-73914 satoshi zone.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, 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 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)
SOL still has some way to go before going back upWe are in a mini bear market, $btc is not doing well and looks to keep going down for a few more days, this will inevitably bring all the altcoins down with it, $sol is no different.
But there are other factors at play here, the #rsi is still very high and needs to come down before the price goes back up.
So, I see a period of consolidation.
If we break the downtrend then we should see 0.0013 in the next 20 days or so ... with a wave going up and then down.
If we have a total break of #btc then we will probably break down for further lows