Ascending Triangle forming SOL/BTCHopefully this plays out. Took a small long position in case this happens because we are on support of the trendline.
SOLBTC trade ideas
SOL ready to break?SOL re-accumulation inside the HTF pennant
Wykoff re-accumulation playing out inside the DAILY pennant
SOLBTC analysisHello traders, i prospect solana is going to see an upward trend targets and everything on the chart .
thank you for watching the analysis, it will be great when you support it with a like, follow me for more market analysis and good buy opportunities.
Solana Breakout Before January 13thTop Chart - SOL /BTC Heikin Ashi candlestick
Bottom Chart - SOL/USDT Japanese candstick
Pretty clear breakout for solana coming very soon sometime before Mid January 2022. Using the SOL/BTC chart with Gann Fanns on Heikin Ashi we can see a clear squeeze coming in. Infact using this SOL/BTC chart with the Gann Fans would have resulted in some great short trades.
Even tho three rejections of the 8/1 Gann Fann is very bearish we have to remember that is a Dominance chart and not a price chart.
Straightforward trade here on solana high reward and low risk.
Long 173
Stop Loss 167
Take Profit starting from 330 upwards
May cycle top prediction for solana 1000 dollars
Anyone know if there an exchange that offers inverse sol contract on margin? :P
SOLBTCHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. As you can see we have drawn two support lines. The price is fluctuating on the first support line at the moment. If the price is not supported here, it will move toward the second support line which would be a good place to buy. You can see that the price has hit this support line two times and was supported. But if it goes below this support line too and stabilizes there, we expect it to fall down to 0.0030733 step by step. We have a resistance line which the price has hit two times and could not stabilize above it. If it is able to do so this time, we can go into trade after a pullback for higher prices.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
SOLBTC Rising Channel| PA Range| HTF Levels| Trend Evening Traders,
Today’s analysis – SOLBTC – trading at a range high where a rotation towards the downside is probable for a long play,
Points to consider,
- Price Action Impulse
- Weekly S/R Resistance
- Daily S/R Support
- Low Volume
SOLDBTC’s immediate price action is impulse and is trading at a key weekly resistance, thus a rejection is probable to the lower daily support where there is technical confluence with the POC and the .618 Fiboancci, allowing for a long bias.
The current volume profile is declining, thus an impulse in volume is likely on the next expansion.
The RSI is trading at neutral, remaining in its bullish control zone is indicative of strength.
Overall, in my opinion, SOLBTC is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“The obvious rarely happens, the unexpected constantly occurs.” – Jesse Livermore
<TradeVSA> SOLANA - Long Period ReaccumulationSign of Strength in the chart
1. Daily Chart - reaccumulation with Shakeout
2. 4Hour Chart - Green Pentagon Bullish signal
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
SOLBTC is creating a channel on weeklySOLBTC is creating a channel on weekly timeframe and the pennant on the daily timeframe.
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/BTCSOL/BTC pair is forming a potentially bullish ascending triangle. Weekly StochRSI is oversold and crossing up. The setup is nice but it all depends on what Bitcoin does if the next few days. Good luck!
Sol to the new highsForming giant ascending triangle, CT sentiment is very bearish. Everyone is talking about recent attack on the network, whereas even under attack it managed to process more transactions per second than all existing EVM-networks(ethereum, binance chain, matic, avax) and all L2 networks(optimism+arbitrum+zksync etc) and bitcoin combined! WIll be looking if the current daily candle closes as hammer.
SolBtc, good chance for this to play outThere's the trend line and the static support (blue line) plus while the price is going down, volume is decreasing. If we put these data together a reversal at least to the red rectangle is not a very bad idea in my opinion.
This idea of course can be wrong so watch for it.
The Priority Is BearishSol About To Breakdown The Trend Line ,The Priority Is Bearish ,The Main Station For This Corrective Cycle Is 13000 Sat
SOLBTC LONGWorking in the price channel. Now, this coin has bounced from the bottom of the mentioned channel. Targets, please, check at the chart
sol/btc long entering if sol/btc has a 4H or 1D candle close above 0.00435
TP will be around 0.006
this is a btc trade and not USD
i am playing sol strength.
SOLBTC DAILY CHART ANALYSISHY, SOLNBTC IS FORMING 12345 eliott wave.
12345 elliott wave rules:
Wave two cannot retrace more than 100% of the first wave
The third wave can never be the shortest of waves one, three, and five
Wave four can't go beyond the third wave at any time
LONG SOLBTC: POS vs POW TAKEOVER BOON!long solbtc - btc is OVER too slow, expensive & inefficient.
solana is the future. this spread protects from market risk. own lower volatility regime.
Grand scalabilitySOL stays strong; new ATH few steps ahead; np )
indicating a theory...
"-the best market strategy;
developed and nurtured in the academic community-
'random walk'; based on an efficient market hypothesis...
buy and hold as opposed to 'beat the market" - jj.Murphy
-small daily actions lead to massive results;
no need to rush to fill bags, little by little - market is always there.
...
" wisdom requires not only concern,
but also appreciation of irony and ambiguity,
and enough dispassion not to take sides.-
Ebullient guardians;
SOL's PoH scaling solution; looking to the past to preserve it for the future "
-Bridges
$SOL, 1D Buy confirmed by the UCTS indicator$SOL
1D Buy confirmed by the UCTS indicator
Volume increasing on the daily, just ~10% away from ATH
Let see if it can show strength toward daily close and break above November highs
#SOL
Cryptos to watch in 2022: Is Solana the new Bitcoin?
FTX:SOLBTC
Solana has been nicknamed "Ethereum destroyer" because of its significantly lower fees and faster transaction times, but according to some analysts it can also pose a threat to Bitcoin.
According to cryptocurrency experts like Sam Bankman-Fried, "the next Bitcoin" will be a blockchain with high throughput which has the potential to process thousands of transactions per second, like Solana. Solana can process 50,000 transaction per second, which makes it a strong competitor to other major cryptocurrencies like Bitcoin and Ethereum.
Solana has been steadily rising in the last weeks, climbing to $203 at the time of writing. This year it has skyrocketed more than 15,000%, and its gains have surpassed the gains of many other digital currencies. Its rapid increase in value is also a result of crypto gaming and successful NFT launches. Together with Cardano, Solana has challenged Ethereum's dominance over NFTs.
How high can Solana go in 2022? Arguably, Solana has a long way to go before it reaches the same level of quality that Ethereum commands, so it will be an interesting year for cryptocurrency dominance.
SOL with a move..For more detailed analysis, don't forget to click the follow button!
Here we have our SOL Chart.
SOL or SOLANA has seen price rejection at the zones identified.
We are now looking for a dip back at the KEY MA's and some strong resistance.
Price direction is noted by our directional arrows.
Remember to trade safely with HVA's. this means DCA aswell as small trade sizes.
SOL/BTCSomehow SOL is going to make this IH&S pattern $400 price target happen. Just hold spot and wait IMO..
Sol boat is final accumulation phase #SOLBTCIf the same pattern as before plays out, Sol will bottom out at 0.0028 BTC value and do a 320% which will take it to 0.012 BTC valuation. If this happens around Feb-Mar 2022 and BTC was at 120,000 then Sol dollar value would be around 1400. With the fundamentals and capital behind it, it seems very possible.
