SOLPERP
SOLANA BEARISH PITCHFORK TREND ANALYSISSolana seems to keep adjusting its price since it peaked on its ATH a few weeks ago. On the 1h timeframe seems to be walking down its bearish Pitchfork equate nicely. The target price would lie around the Fib retr. 0.618 level that lies on $108.12. should take a few days before it hits target.
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)
SOLANA on the breakLove trading this coin as it often has solid trends and good price action that often offers high Risk to Reward for my trading style.
A lot of the ALTS have been breaking out of consolidating ranges with Bitcoin over the last few weeks and Sol more recently had a break out from this bearish structure to now form solid Higher Highs on the daily.
Im trading this on spot at the moment with a healthy position back in that consolidation wedge but looking to take another entry on the perp contract if we have a descent pull back over the next few days to run price up to previous highs.
$SOL $SOLPERP - On iT'S Way Toward Break of Structure #SMTNot Many Shorts to take advantage of, but at least this will map out when they happen if they are to happen. Ahead we have Bearish order Block, 32.3450-32.5250, which should send it down to the Breaker Block is. This is where I would be looking to go long, near 31.0225 to 30.2100 (It's circled in the paths) In this area there is a Fair Value Gap just below a liquidity point (because that's where everyone else would expect it to go long, Smart Money might push it further down) The reason the stop loss is in that place is because that covers the full Fair Value Gap and Bullish Order Block, any lower than that and it's taking out that sell-side liquidity and most likely moving lower (that part is at the end). The next pass would get us to where price want to go right now anyway, the liquidity point where all the sell limits are placed and buy stops are placed. Here we could see price jump back and forth taking out each side of the market, such as shorting just before the line to get people thinking it will once again short before making a turn to the north. The short people start chasing it, it passes the line triggering the buy stops, until it hit's the tiny but silll bearish order block would then send the path back down taking out the buy stops if the have short stop losses (These people think that same line will act as support so they use thin stop losses) and then finally settling on moving up. The next point it will be seeking will be the $36 mark where there are two equal highs, again another liquidity point where limits are set and retail are expecting it to short. I'm expecting a long right through it but if not that would be a final target. At least I'll be taking off most of my position here, my stop loss should be well into profit by then and we'll just wee what happens next. In the heart of all of this Solana has been the hardest to break down.
And as noted if all goes wrong in the beginning and we just go below the early liquidity point and through the fir value goes (Watch those because either one could cause a reversal) but I would think it would be headed toward the lowest bullish order block that is ner before getting another chance at going long.
Anyways just my thought. In no way shape or form are my thoughts considered financial advice. Good Luck and Good Trading.
- Bodies X Wix
Solana (SOL) • Despite correction seems holding well or is it?Solana just like Rune saw impressive bull run in the past year.
Market is currently under heavy correction however Solana seems to be holding best against many other Defi coins but for how long?
Check the video for my overall thoughts on macro price structure.
Short Solana Summer. A Short Story. $SOLWith crypto printing what I see as a "complacency" bounce, there are many good opportunities to short altcoins as they will definitely bleed harder than bitcoin. In the crypto space, many die hard Solana supporters have been "promising" a huge uprise in price during the summer of 2021 known as the meme "Solana Summer." Usually the markets tend to do the exact opposite of what the majority believe will happen AKA max pain. Here we are with a picture perfect bubble chart and a complacency bounce right into high time frame resistance. This is a great shorting opportunity. Targeting sub 10$.
Solana (SOL) • Is the bull run still strong?Solana price action is currently looking weak specially when we observe the declining volumes.
It's currently sitting right under a important resistance range.There not are good place to place new longs.
Remember that everything is probability and we need to look for places where odds and risk-reward is more favorable.
In the video I walk through some technical levels I see as important and structure potential price action ideas for the near term.
Use this video to develop your own critical analysis. Hope you find useful heuristics.
SOL 4H Buy SignalThe last BUY signal for SOL is at around $1.5
Second TP reached
Not closing this trade until the price crosses below the Trendline in 4H candle
Let's wait and see how far SOL can go
Easy Trading Indicator for Beginners
When the ema1 crosses above ema2, the area will be painted GREEN in color, and a BUY signal will appear. = BUY
When the ema1 crosses below ema2, the area will be painted RED in color, and a SELL signal will appear. = SELL
Area painted with ORANGE color means ready for flipping your position or take profit from your current position
Long - SOLPERPFTX:SOLPERP looking to start an uptrend on the bigger time frames, triple top, RSI divergence
Entry: 1.55
Target 1: 1.74
Target 2: 2.05
SL: 1.4875
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