SOL Can Crash The Market - FTX Bankruptcy money MartyBoots here , I have been trading for 17 Years and sharing my thoughts to keep you updated on the current market situation .
SOL has formed the same pattern as BTC back in 2019 which crashed the market.
This situation needs to be watched very carefully
They may want to drop the market and buy it up cheap with FTX bankruptcy money
SOLEUR
SOL to $30Please 1st of all click the boost 🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free. Don't be just a taker, be a giver! 👍🏻
Solana broke out of this triangle 📐 to the upside so there is chance for run to 30.30 and even higher. I traded the initial breakout and I wouldn't chase the market now. One can set BUY LIMIT order to previous range high @ 23.63 to catch🎣 the potential pullback.
ENTRY : local high @ 23.63
STOPLOSS (SL) : local low @ 22.92
TARGET : height of the triangle projected from midpoint of the local range (BUY LIMIT - SL) @ 30.30
REWARD RISK RATIO (RRR) : 9.3
INVALIDATION : when SL level hit
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SOL/EUR New Range analysisHi guys, Fazolek is here
Solana fell with BTC as well as the rest of crypto market down. Right now SOL is following more ETH than BTC but all markets are similar right now.
Solana is in new range now. I think that buying opportunities are crystal clear right now, this ranges are awesome for traders, but i recommend not trading during weekend as markets are becoming even more volatile.
My advice buying on 25-27€ and selling 33€ up is looking good for next few days. But ofc I'm not financial advisor.
For my analysis I used Fibbonaci levels and prevoius range trends.
Have a good day.
SOL predictionHi guys,
Im showing you my personal prediction for solana/eur.
As BTC and ETH strungle to gain more power in short term, solana is looking weak too.
I suspect solana falling to 132€ level as there was previous support and fibbonaci level.
After that there are two options
1. market will be really bearish and solana can fall to 110€ lvl cca (i dont think it can fall any lower)
2. solana will gain power and pull back towards upside potentially getting back on rising wedge
I personally suspect 100% gain in few months after hitting 130-140€ lvl. I could be wrong so do our own research. I hope it helped.
Ofc in long run SOL is going to the moon :P
Best
Fazol
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) : 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...