SOLBTC trade ideas
Solana V bottom recovery?Only spot trading this one at the moment against BTC (actually miss spot trading some times) I havent been playing a lot of the alt market recently as I have had more luck just trading Bitcoin through all this mess but I do enjoy trading SOL, might be a bias because I trade on FTX alot but I enjoy its price action and volatility, and can normally get some descent set ups on it.
Now although im semi bearish on the Crypto market has a whole right now I couldnt help but take this trade from that V bottom and R:R it offered over 7:1 and I got a descent entry off the pull back so happy to sit on this for a while at .5R.
I have circled that area at .000946 as the troubled area we need to break through for this trade to continue, if we fail to break this either 1st or second go and there is a lot of bearish reaction there like a big bearish engulfing, lack of volume or wicks to the upside indicating a supply zone It invalidates my trade and ill exit early for small profit and write it off.
Breaking this level im happy to sit tight and move my stops into take profit and let it run for a higher target and reassess when we get closer before jumping straight out.
#SOL, Finally closed on the 2D with a UCTS Sell signal#SOL
Finally closed on the 2D with a UCTS Sell signal
~1130% over 6 month position 👍.
High timeframe signals focus on long time positions that look to ride trends instead of looking for tops/bottoms
Ready for the next one whenever it comes 😁
SOLBTC - Long - Potential 43.89%SOLBTC - Long - Potential 43.89%
Exchanges: Binance
Signal Type: Regular (Long)
Entry Zone: 0.00080623 - 0.00089780
Take-Profit Targets:
1) 0.00093893
2) 0.00105946
3) 0.00128838
Stop Targets:
1) 0.00069785
Entry Trigger- Tokenised Stock Launch on Solana Blockchain. Bullish news.
SOL still has some way to go before going back upWe are in a mini bear market, $btc is not doing well and looks to keep going down for a few more days, this will inevitably bring all the altcoins down with it, $sol is no different.
But there are other factors at play here, the #rsi is still very high and needs to come down before the price goes back up.
So, I see a period of consolidation.
If we break the downtrend then we should see 0.0013 in the next 20 days or so ... with a wave going up and then down.
If we have a total break of #btc then we will probably break down for further lows
Solano back upWave 2 seems to have finished for Solano. Chances for a nice long.
Target 1: 0.00165
Target 2: 0.00181
Target 3: 0.00208
Trend channelsCan this growth be sustained ? Doubt that...
If the market wakes up, there is possible upside up to 0.002. But the Bear market will be brutal.
LONGS ON SOLBTC AGAIN.Adding to my portfolio is SOLBTC. Previous longs made some huge chunk of profits before the whale crash. Now that we see some recovery, I'm taking longs once more. From a technical perspective, the 0.00095000 level of support is quite holding here and we might see price develop some more into the all-time highs. This is support potentially points to a higher low. This trade should not be overlooked.
Solana vs BitcoinA few entry points you might consider stacking
This is a very risky trade as it requires you to maybe lose 40-50% of your position.
For this reason, its wise to use a small balance to mitigate risk.
The upside is 2-7x short term.
Remember this is against Bitcoin not the US DOLLAR
when u start to trade assets that are outperforming bitcoin u can acquire more bitcoin.
$SOL, Strong weekly looking for a potential ATH retest..$SOL
Strong weekly looking for a potential ATH retest..
~1400% since latest UCTS 2D Buy (still open..)
#SOL
Solana thoughtsnot exactly hard to see the pattern here, and I believe this is how it typically would go. However, things are EXTRA strange, EXTRA volatile, EXTRA sensitive to Elon Musk. But still, lady Solana looks like she wanna keep going up.
KEEP AN EYE ON SOLBTCToo focused to be stressed on this one here.. A mini channel is broken, and a nice support and buying zone is holding this coin. I can only think of buying, and we might see a pump. Who knows?
