A pretty compelling argument for a classic Wyckoff Accumulation pattern. We know some people like Woods are investing heavily into this market, so it's not a long shot to assume there are others. Whether we see a spring or LPS our way up to SOS is TBD, we could shoot in either direction as it stands. PTs are at $7-$15 according to analysts. This seems to line up...
We have a bit more upside left to complete this cipher, then a massive bullish bat is in play, taking us to just above Covid lows. If this plays out, there is potential for massive gains on this leg down.
Big money expecting a dump soon so selling everything for USDT? No way to know for sure, it's odd seeing an accumulation pattern on a dominance chart.
Rising wedge into resistance with bearish gartlys stacking up. It's looking like it may want to double bottom and touch 25 or 20 before next leg up. I am taking a short position here for now until we show strength at this $40 level.
Didnt fully chart all of the patterns, but as you can see, they ARE there, and they mostly follow fib retracements and extensions. If we are finishing a macro zigzag/ABC corretive set, then the next move puts us at MACRO WAVE 3 BABY. 1.618 extension of Impulse Wave 1 leads us to about $600k. Is it hopium? Sure. Is it a potential jackpot with SOL at $30 right now,...
Historically strong support at this level with accumulation finishing up on SOS. 5:1 with potential long term hold here with easy risk management. OSCs showing oversold territory.
Another falling wedge breakout, working on a backtest right now. Potential for 300% gains. Not shitcoins this time, so has potential to reallllly go based on the pairs history.
Have been working on finding potential breakouts with the scanner, found 1earth a couple days ago but didnt pull the trigger and missed a 300% run. Entering this one for about a 150%-200% breakout. Pretty clean accumulation, volume picking up, MAs crossing over. Should be a great little run up if we get this breakout.
SOL is nested in bearish patterns from 1m to 1D, all which look to be ready to break out. If short momentum builds, this trade can ride down to $75. Partial take profit at first TL, then moving stop to TL and letting it ride.