Solana vs BitcoinA few entry points you might consider stacking
This is a very risky trade as it requires you to maybe lose 40-50% of your position.
For this reason, its wise to use a small balance to mitigate risk.
The upside is 2-7x short term.
Remember this is against Bitcoin not the US DOLLAR
when u start to trade assets that are outperforming bitcoin u can acquire more bitcoin.
Solbtc
Solana (SOL) - June 7Hello?
Welcome, traders.
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(SOLUSD 1W Chart)
Although weak, if the price holds above the 18.77040400-24.56161292 range, we expect it to maintain its uptrend.
It is expected to create a new wave by moving above the 53.32274325 point along the uptrend line.
(1D chart)
If it goes down, you should check to see if it finds support at the 32.05874831-35.91626787 zone.
If it falls from 24.34370873, Stop Loss is required to preserve profit and loss.
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(SOLBTC 1W chart)
If the price holds above the 82970 Satoshi point, it is expected to maintain an uptrend.
If it falls to the 40857 Satoshi-61209 Satoshi section, fear of further decline is expected to be maximized.
However, it is a good support zone for continuing the uptrend.
(1D chart)
If it falls from the 96672 Satoshi point, a short stop loss is required.
However, careful trading is required as it may touch the 82970 Satoshi point and follow the uptrend line.
If it falls from the 66328 Satoshi point, Stop Loss is required to preserve profit and 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.
------------------------------------------------------------ -----------------------------------------------------
** 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 (SOL) - May 22Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(SOLUSD 1D chart)
You should watch for any movement that deviates from the 35.91626787-47.48882701 segment.
If it falls, you need to make sure you get support in the 32.05874831-35.91626787 range.
To maintain the uptrend, it must rise above the 43.90524575 point and gain support.
After the plunge, it rebounded and is showing a decline again.
I think there is a high possibility of forming a box section by repeating these rises and falls.
The next volatility period is around May 29th-June 2nd.
-------------------------------------
(SOLBTC 1D chart)
We have to see if we can get support and ascend at the 96672 Satoshi point.
If it falls, we need to see if it can rise along the uptrend line.
If it falls at 51156 Satoshi, Stop Loss is needed to preserve profit and loss.
However, it may rise along the uptrend line, so careful trading is necessary.
--------------------------------------
It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price 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, so that the money that ultimately corresponds to the profit can regenerate the profit.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional 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 that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on 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 segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.
GAP refers to the difference in prices that occurred when the stock market or CME and BAKKT exchanges were closed because they are not trading 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
SOL Is Completely ready for a BIG MOVE to Moon!We also have witnessed in last BTC DUMP that SOL was the only coin going against Whole Market.
Right now it's just behind $50 Psychological Resistance.
Once it's broken, $100 Psychological Target is just a matter of Time.
Currently it is Sitting Perfectly at Daily Support of $39 and in Accumulation Phase.
Solana: Potential buying areas #SOLLooking at Solana on a logarithmic scale we can see that it has been following a trendline (green) very closely. Only until recently has Solana deviated away from this trendline due to market exuberance. As of right now this asset looks like it is either setting up for another leg up or it might need to dip down to the green trend line to validate support before continuing its growth. Personally, I like the $28-$32 level for potential buying levels.
*choose wisely*
*not financial advice*
Solana (SOL) - May 6Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(SOLUSD 1W chart)
(1D chart)
You should watch for any movement that deviates from the 42.17581368-46.72883857 segment.
If you go down at 42.17581368, you can touch the 35.34678647-37.62278879 area, so you need to trade carefully.
In particular, it remains to be seen if it can rise along the uptrend line.
In the CCI-RC indicator, the CCI line fell below the EMA line.
We must see if the CCI line can quickly rise above the EMA line.
Therefore, careful trading is necessary.
--------------------------------------
(SOLBTC 1W chart)
(1D chart)
73914 Satoshi-96672 Satoshi should be watched to see if any movement deviates from it.
In particular, it remains to be seen if it can rise above the 81216 Satoshi point and break off the downtrend line.
If you fall in the 66328 Satoshi-73914 Satoshi section, a short stop loss is required.
If it falls at 51156 Satoshi, Stop Loss is needed to preserve profit and loss.
However, it may rise along the uptrend line, so careful trading is necessary.
On the CCI-RC indicator, the CCI line fell below the EMA line, showing a short-term downtrend.
We must see if the CCI line can quickly rise above the EMA line.
--------------------------------------
It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price 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, so that the money that ultimately corresponds to the profit can regenerate the profit.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional 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 that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on 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 segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. 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 do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
Solana (SOL) - April 27Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
----------------------------------
You should watch for any movement that deviates from the 42.17581368-46.72883857 segment.
If it falls, you need to make sure you get support in the 35.34627647-37.62278879 area.
If you decline at 35.34627647, you need a short stop loss.
However, it may rise along the uptrend line, so careful trading is necessary.
----------------------------------
(SOLBTC 1D chart)
79201 Satoshi-100219 You must watch for any movement that deviates from the Satoshi section.
In particular, it remains to be seen if it can rise above the 89710 Satoshi point by ascending along the uptrend line.
--------------------------------------
It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price 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, so that the money that ultimately corresponds to the profit can regenerate the profit.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional 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 that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on 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 segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. 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 do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
Solbtc to moon? Yes!!!Hi guys
Sol is doing great even in these harsh days against btc. It has good news coming in future and technically a very strong platform. It can make correction buy don't worry as up trend has not broken and trend is your friend.
What are your thoughts about sol let me know in comments.
Like and follow me for more good ideas 💡
Have a nice day
Not a financial advise
SOLANA- SOLthis is my own reference material. not advice. benchmarking purposes and personal research only.
That said. if you like my ideas and predictions. please feel free to follow me here and on twitter for my more unprofessional opinions.
OK- aggressive call here. Enough people have me sold on the chain that i've entered a trade here at its ATH. Retested for support about an hour ago. Went leveraaged long. Looking for a $42.50 target in the next 12-24hrs potentially. already up $2 in the past 2hrs.
Stop loss set at 37.50