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SOLBTC trade ideas

Solana (SOL) Cup Pattern Activates Bullish PotentialAbout Solana Founded by former Qualcomm, Intel, and Dropbox engineers in late-2017, Solana is a single-chain, delegated-Proof-of-Stake protocol whose focus is on delivering scalability without sacrificing decentralization or security. Core to Solana's scaling solution is a decentralized clock titled Proof-of-History (PoH), built to solve the problem of time in distributed networks where there is not a single, trusted, source of time. By using Verifiable Delay Functions, PoH allows each node to locally generate timestamps with SHA256 computations. This eliminates the need for the broadcasts of timestamps across the network, improving overall network efficiency. Source: CoinMarketCap.com Website: solana.com ----------- We have the Cup Pattern on the Solana (SOLBTC) chart, which activates bullish potential. This chart setup here can lead to more growth immediately... But if support breaks, the red dashed line, we can have a drop before more green (green arrow). Additional details can be found on the chart. Thanks a lot for your support. Namaste.
Long
by AlanSantana
2
SOL/BTCSOL/BTC It seems to have broken the down trend, stuck within a range, in possible accumulation? Double bottom, possible bullish flag on the 4 hour chart. Low risk buy is 5600 area if it gets there again, easy to cut if closes below. Can wait for the S/R flip of the 7200's area. BTC dominance might be in reversal mode, so take some caution here. If BTC dominance starts to increase again, then you know what If you really want in then the bottom of the flag might be and okay entry. Not an expert, I just see patterns!
Long
by walkin
2