SOL SOLANA LONG TRADE 20211020Signal: --> Green
Context: Green
confirmation: Buy when breaks out the structure
SOL SOLANA SOLUSD SOLUSDT SOLUSDTP CRYPTO CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
Solbtc
SOL - Is the fall over? ❓😱SOL has been in correction for over a week now. From the highs, the price has corrected by 17%. It is worth noting that the price has tested the previous high of $215. Now we see that there is a buyer and the price locally bounced from the key level.
There is no good entry point at the moment, but in case of a breakdown of the key level, the price could correct to the area marked below.
A breakdown of $148 could be a 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.
SOL/USD - Support held, but can it push higher?😒SOL did not have a good week and declined by more than 11%. It also broke below the support at $216, which was the previous all-time high from September. SOL found support on the $190 level and is currently trying to reverse the downtrend.
Unfortunately, the daily MACD continues to accelerate downwards and has been bearish for over a week without any signs of a reversal on the horizon. The support at $190 appears strong. However, it is early to say if the downtrend will end here, and it is best to be cautious.
Looking ahead, Solana already had a stellar performance this year, and it is hard to demand more from it at this time. Therefore, this correction can last a while, particularly because on the daily timeframe, SOL has made a large bearish divergence between the top in September and the one in November.
Like and follow if you liked my idea!
MANA in a nice descending triangle - Wait for the breakout! Here's a quick Look at MANA 1 hr chart. As we can see, the price has been forming a descending triangle and we could see a bigger break either way soon - BTC just need to get stable! Definitely one to keep an eye on.
The best entry would be, when the price breaks above the descending triangle with good amount of volume .
-------------------------------------------
The idea is: Buy the breakout from the descending triangle and take profits at the levels shown in the chart.
Targets:
1. 3.47$
2. 3.75$
3. 4$
-------------------------------------------
What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure.
3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
SOL printing a falling wedge - We could see a breakout soon!Here's a quick Look at SOL 2 hr chart. As we can see, the price has been forming a falling wedge and we could see a break to the upside soon! Keep an eye on this falling wedge!
The best entry would be, when the price breaks above falling wedge with good amount of volume .
-------------------------------------------
The idea is: Buy when the price breaks above falling wedge and take profits at the levels shown in the chart.
Targets:
1. 242$
2. 250$
3. 259$
-------------------------------------------
What Is a Wedge in the context of trading?:
"A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts.
Key Takeaways for Falling wedges:
1. Wedge patterns are usually characterized by converging trend lines over 10 to 50 trading periods.
2. The patterns may be considered rising or falling wedges depending on their direction.
3. These patterns have an unusually good track record for forecasting price reversals."
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
$SOL SOL/BTC SOL is going to create a generation of bagholdersThe wheel is turning and the sun starts to set on SOL. Strength is gone, other coins are pumping. SOL is running on vapor fumes.
It is a good time to start rotating out of SOL and securing profits. Invalidation = new ATH, but even then I'd wait for decisive push.
Do not be fooled by SOL/USD, but do not short it either. SOL/BTC could be shorted by the brave, but this is still a bull cycle.
-DDD
SOL/USD - Losing steam? Solana trying to push higher!Like Ethereum, Solana broke another record this week, reaching a new all-time high at $250. This is a nice round number after a fantastic week where SOL saw a 23.2% price increase. This places the cryptocurrency as the fourth largest one in terms of market capitalization.
Solana has support at $236 and below that at the previous all-time high of $213. Therefore, any correction should find substance around these levels. If the price decides to continue higher, the most immediate resistance can be found at $269.
Looking ahead, Solana might be expected to continue higher. This is an exciting race and forces each blockchain to push innovation to the limit in the race to stay on top. This ultimately benefits the user.
Like and follow if you liked my idea!
Solana (SOL) - November 7Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(SOLUSD 1W Chart) - Mid-Long-Term Perspective
Above 61.44-72.85 section: expected to continue upward trend
Above section 108.38-152.84: Expected to create a new wave.
Currently, it is rising 4 times the ascent of section A.
It is necessary to check whether the rise corresponding to the ascent width of section B comes out and touches section 317.55-333.37.
(1D chart)
If the price is maintained above the 238.46-254.28 range, a move is expected to move up to the 285.92 point.
An important segment of this ATH update is the 179.45-199.83 segment.
So, you need to make sure the price stays above the 179.45-199.83 range.
-----------------------------------------------------
(SOLBTC 1W chart)
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released.
(Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
SOL/BTC buy opporunityHi followers,
BINANCE:SOLBTC Just recently finished a big ABC correction, which was followed by a very nice bullish flag.
Will this setup play out to reach previous all time high?
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
If you like my content - 👍 Like, 💬 comment, 👆 follow and 👉 share!
❗❗❗
Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only
SOL - is going to break this trendline 🔥🔥SOL is back to its all-time high. The first time the price broke this level but could not move higher. This was followed by a small pullback. Now the price is back to the level and it is starting to squeeze. This is a good signal for a breakout and continuation of growth. Also worth mentioning is the rising lows, which is also a good signal for growth. A good buying opportunity could be after a breakdown.
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.
SOLANA triangle breakoutSolana broke up this triangle 📐 and I think there is chance for run to 237 and even higher. Setting BUY LIMIT order to catch the pullback and add to my bag. Check the other triangle breakouts in related ideas. SOL , just show us some love!💕
ENTRY : local high @ 149
SL : local low @ 128
TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 237
RRR : 4.3
INVALIDATION : when SL level hit
Please like👍, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
SOLUSDT Technical Analysis⏳ Spot
💎 SOLUSDT has formed a triple top under a significant Resistance. After the breakout it is going for a retest and after the rejection I expect that it continues the Bullish move
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 215.91 - 219.03
☕️ TP1 232.39
🍺 TP2 249.85
🍻 TP3 270.06
🍾 TP4 291.25
🍷 TP5 315.00
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 210.00
Good Luck 🎲
Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️
Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
We will have more FREE forecasts in TradingView soon
Have a profitable day 😊👍🏻