SOLUSDC.P trade ideas
Solana still going sidewaysI will be looking for a buy of OKX:SOLUSDC at the bottom of the range. The bias of the price action is long. Depending on how we reach the top of the range I may hold the position for longer.
SOL is set to rallySOL price action looks bullish right now. It's a good time to add SOL to your portfolio the return on your investment is big. In the longer perspective SOL is set to hit $500 in the near future.
Winner winner Sol to pay for my Dinner!Hi All,
Sol has finally broken free from it's shackles in the $130, breaking out into the late $140's before coming back to retest.
As you can see there's a hidden divergence with the confluence of an inverse H&S.
I expect the next area of resistance to be in the $160's.
If you zoom out into the weekly you can see Sol's just broken out from a multi-month inverse H&S. If it plays out Sol' price action should move to the mid $200's without too much trouble.
Cheers
BB
SOLANA Solana is a blockchain platform which uses a proof-of-stake mechanism to provide smart contract functionality. Its native cryptocurrency is SOL. Solana was launched in 2020 by Solana Labs, which was founded by Anatoly Yakovenko and Raj Gokal in 2018.
Solana can go to 32- 36 usd.After FOMC meeting, crypto bull market is confirmed.
CPI data will release in Feb 14, forecasting 6 - 6.25%.
And the main game changer of solana is its mobile phone SAGA, will come in first quarter of 2023.
This can be mass adoption for solana.
So we are expect to see solana can easily can go to 32- 36 usd level at least or it can go higher 50 usd level.
Best entry level are
First 24.5 usd
Second 24 usd
Second 23.5 usd
Stop loss 22.5 usd
For my personal view, I do not sell my sol before reaching ATH.
$SOL Solana Bearish GartleySOL testing the inflection zone here again. Looks like its shaping up a nice ABC move up with consecutive higher lows. 42 and 47 would be the first targets here i would think if we break this level, and 53 being an extension of the first wave up from the lows.
Rising volume, OBV is bullish, ADX is bullish, and volatility is expanding on this time frame. The RSI is also approaching the bull zone and shows momentum as well.
Worth keeping an eye on.
