Hi guys, this is my current position as Sol cools off a bear run. Our current support is around $108 and resistance is around $122. Right now we are in a major trading area. We can really go down to sub$100 or up to around $150. Please trade carefully!
I see resistances that might cause the price to play out a similar pattern to my chart. Look out for a break above $121 and $125. I'm not saying we're bearish but price is acting a bit funny to me.
This may not happen, it is just an interesting idea. We are prob going for 5 waves down and it possibly might look something like my chart. the blue lines indicate take profit zones and possible pull-back moments. please only use what you can afford to lose. Also, Im going to take profits near trend-lines on the (1hr - 2hr) timeframe cos that's what we are...
Luna might restest old resistance but can reverse as early as 103 or down to 90$. Please use proper risk management! If it does reach 90$ a long position might be an option but we'll see how things play out. Remember these are volatile markets and use proper risk management. This is also NOT ADVICE!
SOL has entered its correction phase. I map out how it might look.
We had a bullish divergence in the weekly time frame on the MACD indicator. Last time this happened we had a 300% bullish run. Following the current trend-line, ATOM might be able to break through the short and long-term resistance levels. I personally think ATOM - COSMOS is a good project in the crypto scene and one that is currently undervalued. I would put...
okay so i mapped out the wave pattern. we should break out to the upside and get to $110. I am using Elliott's wave pattern analysis/trend lines to make this game plan for us. pls use proper risk management when trading. Im not sure this will happen either, this is just an interesting idea. please do ur own research.
this might not happen just an interesting idea. if we keep following this trend line we could be good till $117+. I'd get really careful after $124 - $125.
(NOT ADVICE! JUST AN IDEA) this might not happen just an interesting idea! the target showing is a rough estimate we might pull back at $112, $106...ect what is shown to us on the chart is the best trade outcome. after mapping the Elliot wave pattern you can see that we have finished the correction phase and are in an impulsive stage and this means we retesting...
this might not happen just an interesting idea. Sol might be playing out this short-term correction for that trend-line / supports. I am grateful for the current price action and this pull-back is needed to soar in the coming days. This might Playout or we might soar. I just wanted to let everyone see what I see. I would get very careful for a pullback around...
this might not happen just an interesting idea. One possible path that we might take to reach $150+ SOL may possibly first retest somewhere from $117- $99 before we continue upward and using wave patterns I show a possibility on the chart above. We might in this direction because it is good for historical data. It is a possibility that we will retest some old...
this might not happen just an interesting idea. After soaring to 125$ as anticipated we should gladly continue to around $150. If we keep following this trend then we might see a retest to the trend line around $108- $115 to retest old resistance for support which would be good for future price action as it adds to historical data. (Unrelated) - This is a...
this might not happen just an interesting idea. if we keep following the trend line we could be good till 117$+ I'd get really careful after $122-125
KRAKEN:SOLUSD NOT ADVICE - Sol might retest old resistance. It would also be a good entry for a long position. Please use proper risk management and stuff