This analysis focuses on the Solana (SOL) vs USDT pair. Based on the Stochastic RSI on the 1-day (1D) chart, there is an anticipated potential price drop in SOL towards the support zone around $145, with current resistance being tested at $170. Furthermore, if a bullish retest occurs at the $160 area, a price target of around $200 in the coming days could be...
Disclaimer: No financial advice. Filecoin saw a rapid decrease in price over the past weeks and is now trading at an almost all time low. The support lines indicate that a long opportunity is a valid strategy in this scenario. We can try and go for about 10% profit with a stop loss at 3% that leaves us with a risk ratio of ~ 3 / 1 Please let me know your...
Dot is currently trading inside an ascending channel where it just hit the support level again. Once we see a confirmation bounce it might be a good long opportunity. The MACD is showing slight signs of an upwards trend again, which is also beneficial. SL and TP shown in chart Please share Feedback on my idea in the comments! No financial advice.
Please share your opinion on this idea, i will watch closely and enter a short position once the big trendline is broken.