SOL showing impressive strength so far this year. Feels overextended, looking for shorts in the $60+ area. Late longers will be punished, bottom buyers will panic sell; and i will buy back in. 2024 will be BIG.
Hopping into this trade if market gives. Good R/R and clear invalidation.
In my view the recent BTC drop is a just a deviation from the range. 2023 will be bullish imo. Longing here.
Solana has been battered heavily by recent events and overall market price action. Fundamentals stay unchanged, SOL GMI. Even the darkest night will end and the sun will rise.
People already fading BONK after just one major pullback. Shorting the top wont be that easy. Round two likely imo. LONG.
SOL just took out the previous bottom and bounced back into range. Hoping for further upside into the 40$+ area next.
BTC just took out the previous low on the monthly chart. Expecting a significant bounce from this area.
Take out previous low and send it back up. This is financial advice.
Another push below previous low should be enough damage to see some heavy capitulation. Would also run most stops and liq 1$ lev longers. Alongside positive fundamental developments and releases this will hopefully provide a nice bottom catching opportunity.
We either bounce here, or BTC goes for a final drive lower and sweeps the stops before reversal. Either way i think we bounce into next week.
Stops already ran on the recent BTC pullback. Good r/r opp imo. Coiling under monthly resistance. Tight stop incase BTC shits the bed.
BTC printing a possible bottom here soon. Sweep the lows and run it back.
Cope recently rejected from monthly resistance above 5$. Currently coiling after sweeping previous lows and support levels. Scaling long here looking for a rebound and retest of monthly resistance, using wide stops considering cope is highly illiquid. Looking for 200% upside, stops set at -30%.
Dash printing a nice cup and handle pattern on the 4 hour chart. Opening a leveraged position here. @ 280 Dollars.