BTCSOL.P trade ideas
short solana because of divergencethere is a short trend and because of hidden divergence it could be touch indicated support area.
my chart what u think guys ?hi guys this my chart what u think guys ?
hi guys this my chart what u think guys ?
hi guys this my chart what u think guys ?
SOLBTC is going to test the daily resistance 🦐SOLBTC is going to test the daily resistance 🦐
If the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
SOL longwhere im from we long resistance .. easy set up as SOL is completely coiled up and ready for more expansion
SOLANA BTC - SOL BTC LONGWho was talking about diminishing returns :D
Charted based on Tops and bottoms Pivoting
All the way up?Should Solana continue to maintain the upward trend and be able to hold it, I expect further price increases. About a few weeks ago, there was also a small correction of about 14%. After that, Solana exploded to the upside.
The next few days will definitely be exciting.
Leave a like if you like my analysis :)
Solana hurdles to overcomeIf I'm being bullish - which in the long term I am for Solana - I could see this as a buying opportunity here.
What needs to happen in my opinion:
- 21MA (blue) needs to cross over 50MA
- Price needs to break golden pocket
- Price needs to break strong support zone
What could signal a turn for worse:
- Price currently below golden pocket & strong support zone
- 50MA could cross below 21MA
- MACD showing bearish divergence on its lagging line
What are you betting on?
Crypto Catastrophe Planning (Sol, Luna and ADA/Cardano)I have spent some time looking at the dollar (DXY, see the linked Idea please) and it has a lot of upside potential based on some simple TA on the monthly time frame. Based on that potential prolonged dollar strength I think some crypto Crypto Catastrophe Planning is in order.
Last bear market one of my favorite analysts, Francis Hunte, called his XRPBTC short the gift that keeps on giving due to its continued downtrend trend on the weekly. Of course you don't get the same gains perhaps as being in and out of bounces on XRPUSD but you save yourself a lot of mental energy from the chop up and down that we see below. XRPUSD rallied less than BTCUSD, which means a red day/weeks for XRPBTC, and it dumped more than BTCUSD, which means another red day or week for XRPBTC. An entry within the blue triangle of XRPBTC looking for a break down would have been very profitable for the patient.
If we take the same idea for our catastrophe planning we would be looking for structures that we can play technically for entries that could pay out for the next six to nine months, or even longer. Cardano is in a rising wedge with three touches on the support and 2 touches on the top. That gives us a structure to play very technically. SolBTC has popped out of a rising wedge. That is very much blow off top behavior and often we see price action find tenuous support on previous resistance before falling through the wedge. Then price action has a chance to turn previous wedge support into resistance.
I have taken a short on ADAUSD due to the weakness I see on the daily chart for both ADAUSD and ADABTC with a stop loss taken at the high. I have two flat topped red HA candles and I will be looking for the wedge break down. If I see the ADABTC wedge breaking down I will put on a ADABTC short
SOLUSD is likewise popping out of its rising wedge but hasn't shown the weakens I want for a short just yet. There is a pregnant HA candle so I could go in with a sell stop but Imma hold off SolUSD and SolBTC shorts for now
LunaUSD looks very primed for a move to the downside. It is in a rising wedge and has bearish divergence on the 8 hour time frame. Once we see some downward movement we can evaluate if we think it will be prolonged or perhaps continue to chop. I am holding off on shorting for now.
SOL/USDT target $150 Chart very similar to Axies. Major hedge funds involved in this movement. It never dips below moving averages. Stay long as long as it keeps riding them up. Will likely extend far beyond Fibonacci levels of $110. Price target of $150 because these movements are always dramatic as they were with Axie which has yet to break support and it's been months. This will follow the same and chart looks very similar to Axies.
Not financial advice
$SOLIf $SOL manage to close weekly above 17500 SAT I think it can touch 22700 SAT and I will be looking for entry around 16800 SAT if we got a retest.
Bullish AF and could take $srm and $ftt with it in the uptrend.
SOL.BTC (Y21.P5.E1).Looking to go longHi All,
Here are my thoughts for SOL based on structure and fibonacci.
I have a parabolic component as well which I believe is very likely.
Key words for you to research.
Radium decentralised exchange
Cuy sheffield, cyrpto visa NFT project
Raj Parekh Visa
Sam Bankman FTX ceo
Solana and Serum
All the best,
S.SAri
SOLBTC Elliot Wave 5There are some hidden layers if you make a copy of the chart but "3" appears to be a 1.618 extension of 1, which is common. maybe 5 will be somewhere near the movement of 1.
SOLBTCthe trend line is broken. possible targets are shown by Fibo levels. we may have a pull back to the trend line, so consider that too.
