SOLANA w-pattern breakout. (Hourly Chart Trade)Bullish target at 0.00183 BTC.
Accumulate at ~0.001755 BTC.
Stop-loss at slightly below 0.001665 BTC.
Bullish cross in PRISM OSCILLATORS SET to be confirmed upon candle close on the hourly in 8 mins.
SOLBTC trade ideas
Solana (SOL) / BTC - On the above 1-day chart price action has increased 3300% against Bitcoin. Fantastic. A number of reasons now exist to turn bearish. They include:
1) The overbought indicator (green column). No sell signal yet, but it is in the post. Look left.
2) Price action has been trending in the upward channel since the beginning of the year. Price action is currently testing the upper side of the channel. The last 3 occasions it was rejected. Look left.
3) The Bollinger band price action is way outside the upper half of the band. Remember 95% of all price action trades inside the band. Against Look left when this far outside.
4) On the weekly chart (below) 5 oscillators are showing ‘bearish divergence’ with price action as price action tests the upper Chanel - perhaps this time is different?!
Sell from 200k sats if you can get it.
Fully expecting price action to break the upper channel, which will ultimately result in a fake out.
Good luck!
WW
Weekly chart:
SOLBTC 2021/2022 Bull Run Potential ATH Target
Wave 1 & 2
We used the trend based fib tool to measure Wave 1's impulse move to the low of Wave 2.
Wave 3
We found the exact top of Wave 3, which was the 1.618.
Note: Counts 3 and 4 inside of Wave 3 arent perfect there am a little skeptic about this being an Elliot Wave but will continue to refer to as waves for ease.
Wave 4
-48% correction.
Wave 5
Wave 5 should be smaller than Wave 3, therefore I am looking for the target to be the 1:1 tb.fib tool with wicks to 1.112, but ultimately it will dance around the 1:1 before sell off.
Possible scenario for SOLBTCI think if we’ll see markets get some relief a bit something like this will play out in near future for this pair.
Lets see how its gonna play out…
Always a student
The Gamble-Tron 2000After evaluating millions of pieces of data in the blink of an eye, the Gamble-Tron 2000 says go long.
But I must warn you, this device carries a frighteningly high risk of catastrophic failure.
SUPER STRONG SUPPORT, next to 0.002034On daily chart
BINANCE:SOLBTC is in good support zone with Fibo Clusters. You can see on the chart.
#Two_Bottom is a good sign to open long order.
What next, wait and see
SOLBTC D1
Solana, in 2022, has been one of the main hype trains in the digital currency space. And yet, the Solana blockchain came to a grinding halt, the developers hit the off button, and the entire ecosystem froze in space and time as the network took a hit. Although the supporters seemed to move on, some social metrics were still lagging at press time
SOLBTC falling wedge and Head and Shoulders.Buy 99-100. Stop loss 88. Aim 2000+
Solana formed falling wedge and head and shoulders pattern.
Also on SOLUSDT the price tested 61.8 fib level (log chart) from March's uptrend
SOL/BTCThe time of the alts has not yet come, and Solana has a lot of problems on the technical side, constantly popping up some error. All in good time.
$SOLANA Key levels, Analysis & TargetsSOLBTC Key levels, Analysis & Targets
Time frame D1 Bullish Divergences in MACD & RSI Indicator
,Break out " Triangle Patterns "
Solana (SOL) formed bullish Gartley | A good buying opportunityHey dear friends, hope you are well, and welcome to the new trade setup of Solana (SOL) coin with Bitcoin pair.
Previously we had a nice harmonic trade of SOL:
Now on a 4-hr time frame, SOL has formed bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Solana - 0.786An idea for Solana showing on the USD pair (left) a brief touch on the 0.786 fib level
I think we will see a bullish reversal from this fib level
On the right I have analyzed the BTC pair which shows a flat 200MA, comparable to another point (in red) earlier on in the evolution of price
Moving averages will recover the same, after a small dip.
I am very bullish on Solana and the NFTS on their platform
SOL/BTC. The Golden 618?SOL/BTC
With the general uptrend in the alts, I wouldn't say Solana is lagging behind. A few more weeks and its decision time. :)
Solana SOL Long Setting After A Long Time In My Calculation Solana Can Bounce Back From Here. Remember this Chart is Valid Only If BTC stay Stabile..
I am Not A Financial Adviser. And All Cherts Are Just My Study. So Please Do Your Own Search before open Any Trade.
If You Like My Work Just Come and Join Me.
SHORT SOL/BTCBroke below support. Flight to safety as everyone dumps alts for BTC. -20% to go at least
Is Altcoin Season Coming? Bitcoin Market Cap DominanceToday I was asked the question, "is altcoin season coming?" To answer that question quantitatively we can look at tools such as the Bitcoin Market Cap Dominance chart and the Altcoin Season Index. Why is it that Bitcoin has gone down LESS than altcoins over the last few months? At the end of the video I also talk about ways to hedge your positions using Bitcoin cross pairs like ETHBTC, LTCBTC, XMRBTC, XRPBTC, SOLBTC, etc.
SOL forming bullish divergence with RSINote this chart is in BTC. I can expect to see Solana gaining strength against BTC after a few months of losing.
This signal is pretty strong as it formed on the daily time-frame.
SOLBTC in Bull Flag - upside PT of 0.023 or $1,587This translates to a PT of nearly $1,500 for 1 SOL token. You can see the flagpole extrapolation in red and then the 2nd half push PT in orange (both align very nicely which suggest we are halfway through our entire flagpole move right now with another half to go).
SOL Double BottomChart speaks for itself.
Looking at the daily timeframe we can see a clear double bottom pattern.
Expecting bullishness in the upcoming days/weeks.
SOLANA about to pump 20% vs BTC - LONGLookie here cookie ;-) Solana is about to make a move and I am in like Flynn. This is not financial advice, but this is better than smoking spice. Get in while the going is going and before it's gone. Peace.
May find support soonLooking at SOL vs BTC, we can see that price has broken down as expected (see linked ideas) and is currently looking for support. My initial thought is that it would likely test the 200 EMA, but price appears to be finding some support at these levels. If it can hold here, I would consider it very bullish and would expect a break above the smaller resistance line.
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These are my personal views and not financial advice. Please do your own research before investing.
I'd love to hear your thoughts, ideas and feedback. Feel free to Comment and I'll try and get back to you quickly.
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Solana near breakoutThis looks like reversal, bouncing from the long-term baseline but the volume is deteriorating.
Not financial advice.
