💡Don't miss the great buy opportunity in SOLBTC @SolanaTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00021).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. SOLBTC is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 76.
Take Profits:
TP1= @ 0.00033
TP2= @ 0.00037
TP3= @ 0.00042
TP4= @ 0.00050
TP5= @ 0.00060
TP6= @ 0.00070
SL= Break below S2
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Solbtc
💡Don't miss the great buy opportunity in SOLBTC @SolanaTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00021).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. SOLBTC is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 76.
Take Profits:
TP1= @ 0.00033
TP2= @ 0.00037
TP3= @ 0.00042
TP4= @ 0.00050
TP5= @ 0.00060
TP6= @ 0.00070
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
SOL/BTC Bullish cross There is a bullish cross in 20 days moving average and 50 days moving average. In addition to its fundamental strength, its technical chart and overall market condition are available for Solana to start its big move.
Current price =0.000106
Fib 1.0 =0.000423
Fib 1.618 =0.000656
Fib 2.618 = 0.001030
Tips for new traders :
-Always take profit on the way up , price will definitely not increase forever.
-Don’t be too greedy when price moves up or don’t panic when it decreases. Relax and control your psychology.
-Make plans for every possibilities, it is not 100% accurate that what we think will happen.
-Don’t try to catch up the exact deep or exact peak.
-Don’t buy everything you found in the market.
-Don’t listen everybody who claims to be a trader or financial advisor. (Mostly avoid who is 100% sure about what they believe).
-Remember, market cycle works with human psychology and everybody’s psychologies are similar.
Longing SOL from ATL's following last big distributionThe Solana blockchain is extremely fast, cheap and is backed by Alameda Research. There are currently 102 projects building on their blockchain.
Today there was a (well-known), large distribution of tokens that effectively 5x'd the circulating supply. Many of these however, will be locked or otherwise held by the team and against what many expected, this event was met by a flurry of buying. We know there are at least 4 funds lining up to buy size on the OTC markets. Both the USDT and BTC pairs made new local highs in buy volume today.
It looks as though there is a large bet being made that the SOL token will outperform Bitcoin in the coming weeks and months.
We're inclined to side with the smart money here and take our chances against the All-time lows.
Bullish market structure confirmed last week and price has now dipped into the RLZ where it met a great deal of buying interest.
We're taking up a position at this level, with more bids at lows. If price can regain the key S/R level resting above, there is a lot of room to go even within the realm of a counter trend rally.
Selling half our position at double our entry price would give us a risk-free position to ride out the cycle with.
Solana perfect setup for buying Solana is forming a symmetric triangle. SOL is respecting the triangle lines and trading inside the triangle. We will see a good bounce in SOL and a retest of the upper line of the triangle. If SOL breaks the triangle upside, we see a massive rally.
Buy zone: 5700-5900 (buy more in dips)
Target: 6500-7100-7700-8500-9300-9900-10700-11900-13500-15600
SOLBTCBuying SOL/BTC
Sol is moving inside a bullish flag. It's DeFi and also
Sol is one of the few blockchains that supports USDC… yesterday we had VISA announcing that they will accept USDC for payments! Pretty good news. In the upcoming alt season, sol should have a good run. #DeFi
Wil surprise a lot of ppl
Entry: 0,00011200 -10810
stoplos 0,00010526
target: on the chart.
If u wanna play safe wait until the price breakout and closes above the bull flag!
SolBtc Buy Set UpIf you are a long term trader, I think this is the opportunity for you. SolBtc is making a low now because the price momentum is dying out and the bulls are about to take over. I will keep you updated if necessary. For any questions or opinions use the comment section please. Thank you.
Solana (SOL) breakout, Potential 300% gainsSolana tested the major support and bounced back from it. SOL also breaks the long downtrend and successfully hold above it. This is a good buy range for good returns. The coin has huge potential and will be big in the coming altseason.
Buy Zone: 12500-13500
Target: 14800-16300-18500-22000-25000-30000
Stop Loss: 9000
SOL / BTC 4HF Techincal analysisSOL / BTC
🌟 4H frame technical analysis 🌟
Form flag pattern
EMA 100 act as support
EMA 200 act as resistance
If ema 100 hold then we are going to restest ema 200 again
We can also see below in RSI potential hidden bullish div start in formation
Safest area to enter is after break local resistance and also break above 200 EMA
If that happens we can expect a nice jump in SOL
Good luck and happy trading 🌹
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255% Target Mapped for Solana (SOLBTC)SOLBTC has gone through a full cycle, it all started back in June 2020 when a new low was hit.
After this low, SOLBTC went on a strong bullish wave printing 660.06% of profits...
As we surely know, after a strong bullish wave, a classic correction takes place.
This correction pushed prices below the 0.786 Fib. retracement level support, ending in a higher low compared to early June.
With prices now moving back above the 0.786 Fib. level and a bullish RSI, we can expect for SOLBTC to continue higher.
Any trading above 0.00013421 and we remain strongly bullish on this pair (green arrow).
Multiple targets + additional information can be found on the chart.
Namaste.