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Solbtc

I will be honest about SOLI'll be honest about SOL. Yes, it has potential, but that double top I am seeing in the supply zone is not very nice to look at, which simply means: be prepared to consider this a top if the 217 levels stayed a supply zone. now the good news: SOL retested and wicked down to the 0.786 level and bounced off from there. Our golden ratio is still around the 145 levels and we have a major support at 123 I'm hoping to establish demand at the 177 area. establishing demand is to basically retest 177 again or three times with significant volume to the upside, here's how you can ape in. Anyhow, could be the calm before the storm. I think altseason may be around the corner and if alt season is here, then SOL is not done yet.
by bitmoey
1
SOL will EXPLODE once price is done consolidatingSome very bullish news surrounding solona and heavy out-performance over the rest of the market has sent SOL parabolic. But its not done. Expecting more highs to come. - Daily support / resistance has been broke and has held up - Price is now consolidating in small channel atop ATH support - We wait for momentum to drop, a break of of consolidation, and for bulls to regain control over momentum and then were in * One of the hottest coins in the market right now. Once BTC and ETH start making gains off recent pull back, SOL is outta here
Long
by CMSTrading
WIll we have another bullrun or we have a double top pattern? Hello my friends as I predicted in last post solana despite of btc's correction could reach 200 and almost 215(ATH) But what's next? the volume is really bad for a big rally . just compare with the volume in last reaching to 215$ but btc/usdt had a breaking out lately and I consider it as a good sign but it means 2 different things 1- solana go up and btc go down ( not too down ) 2- btc go down and solana also go down but less that btc. I'm so neutral about sol but i'm kinda bearish about btc because of some reasons like USDT.D chart and the chart of btc itself . so be careful . DO NOT PAY ATTENTION to news and imaginary targets and I must say it again : " DO NOT BUY AT RESISTANCE" have fun please like and comment your opinion
by amirhoseinmlh
2
The Red vs Green Light of SolanaThe other day we took a good look at Solana's technicals. Today, we'll do something even more relevant: we'll look at its strength in comparison to that of Bitcoin. But why is that? Well, because given how much Bitcoin has rallied during September, and at weak trading volumes at that, Bitcoin is and remains fragile. In this sense, if Solana were to look weak in direct relationship to that of Bitcoin's spot price then we can safely assume Bitcoin is in for a nasty dump to follow - one that might take us as far down as the low to mid $20 000's. If, on the other hand, Solana were to show continued strength in relation to Bitcoin then we might very well be in for an alt season. This would be THE ideal low risk/high reward entry spot. Let's now begin by taking a good look at SOLUSD/BTCUSD. On the daily chart, the long diagonal trend line from early January has now flipped and acts as resistance. Right now SOL/BTC is testing it from below. It tested and broke above it in August. The question now remains: can it do it again? The next question at hand is how this temporary correction will play out. Is the ABC completed already, or is it just the subwave structure of a bigger A-wave? If Bitcoin were to plunge down to the low to mid $20 000's, we should automatically expect Solana to vastly under perform. For as fast a runner Solana is on the upside, it sure is fragile and volatile on the downside. One thing ... a bad omen, indeed ... that we need to keep an eye on is the upper bearish blue RSI line on the 2-day chart. On the previous two successful occasions upon which SOL/BTC closed on this line from below, Solana immediately proceeded by under performing versus that of Bitcoin by -85% and -34% respectively. This incredibly bearish signal would, however, be neutralized if the RSI were to close above it and with at least a 1% safety margin. Practically speaking, the ideal scenario to accomplish this AND to turn the ship around for a truly bullish set-up would be for SOL/BTC to: 1) break above the primary diagonal resistance line; 2) take out the recent pivot high from early October this year Naturally, this would all have to happen within the upcoming few days, as the diagonal trend line would otherwise keep pushing its technical resistance further up. In such case, taking out the pivotal high wouldn't make much of a difference in itself. I'm fully aware that this entire scenario is unlikely to unfold by the end of the week. Yet, if it still were to, it'd be one of the most bullish signs we could wish for in Solana, and reason alone to ladder in heavy low-risk longs. For that's the name of the game: low risk/high reward.
FTX:SOLUSD
by LongLifeTrading
SOL - these are the best points to buy ❗❗SOL has broken the support line and has now tested it as resistance, a bad signal. But that does not mean that SOL will fall right now. Below marked the level where there is a lot of liquidity and also an area of huge discount. These are the best places to buy. There is also a global trendline on the chart, if price breaks it, it will also be a very good buying opportunity. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
Long
by Yuriy_Bishko
10
It will alter the course of SOLANA historyHello dear solana holders. The following seven days will be crucial for price movement, because SOL will decide on trend. Here are two possibilities: First, if the price will go up, I believe we will see a +35% rise to the new ATH with a target price of $230. This might be the start of a fresh rally, but I'll take my profits slowly and not get carried away. Second, in the case of a breakdown, the price will hit the $ 125 minimum target. This option has the potential to force holders to sell more. So be extra cautious and avoid taking high risks. Take your side and make the bets. Best regards Artem Shevelev
by ArShevelev
1
SOL will be running?!Sol will be one serious contender for bringing defi to the masses. No more $75 gas fees as with ETH. For the average person, everyday banking isn't possible with ETH, it's just too expensive and too slow. SOL- the opposite. Fast, cheap and resilient. It will go beyond defi, to banking, NFTs, blockchain gaming, and as yet unknown uses. Currrently around a <$60b marketcap (at SOL 200ish) Very limited supply; this is going to shoot to $150b market cap and much higher. We will easily see SOL $300 well before EOY IMO, and Q12022 SOL $500. Please see the latest on SOL. GLTA and DDD.
COINBASE:SOLUSDLong
by Vascodegama
2
SOL - TRADE SETUP SOLANA is forming a Bullish Bat Harmonics Pattern and the D leg will be completed at the 0.886 fibonacci level. Many indicators are also showing that this massive sell-off trend will reverse soon and this 0.886 area is by far the best area to place your orders. Make sure to DCA when SOL goes below $140. Expecting a reversal soon especially with the completion of this bullish harmonics. We all know about the amazing Fundamentals behind SOL and with amazing developments on SOL I do see SOL getting strength very soon. So with SOL, the best Support Zone is between $130 - $135, buy / long SOL at those areas if you see them with confidence! This TA is done on 4hr timeframe so it might take some time to touch the buyzone and hit the take profits so be patient. Buy Zone: $130 - $135 Sell Zone: $144 - $200 I'll keep this chart updated. SOL's Current Market Price: $140 Good Luck. If you liked the idea please give like and follow.
Long
by TychonTrades
9