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Solbtc

SOL/BTC (Bearish Reversal Pattern?)💎Technical Analysis Summary💎 BINANCE: SOLBTC -SOL is painting a Bearish reversal pattern on the 12H time-frame -The confirmation is once the neckline is invalidated -The price action is giving us a warning signal -So please reduce risk by lowering position size or moving your stop loss -If the pattern confirms and breaks lower -The downside target is around 16000-14000 sat A big Thanks for donating 💰 via Tradingview coins this week to seba26-77 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` If You Like My Daily Published Ideas 👍 A little Help By Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading! ➡️ Thank You! 😊 ``````````````````````````````````````````````
by PolarHusk
10
A QUICK BUY ON SOLBTC — 100DAYS OF TA, DAY 80Time Frame: Daily, 4Hour, and Hourly Hi guys, Welcome back! Day 80 of the 100 Days of TA is here! Today's spotlight is on SOLANA (SOLBTC). I talked about the next direction of SOL and the whys. I showed some high probability setups here, what usually happens and what would happen. Have fun watching today's video! If you think there's something I should add or maybe there's any coin you have your eyes on? You can drop in the comment section. Always remember that this is Technical Analysis and it's a game of probabilities. Thanks for coming today! See you tomorrow!
Long
by Pearlumie
4
SOL.USD (Y20.P4.E1).Reversal on the way.Hi All, Looking at DXY (US dollar index) along with BTC and SP500, we can expect for the short term a rally as we see now running through some of the ALTs. Here we have SOL against the US dollar, on the FTX exchange. As one can see, its done a powerfully rally which shows people are still keen on Defi. OBSERVATIONS: ================================= > The 12 HRLY and 8 HRLY show bullish signs but are yet to be confirmed on the DAILY; We have the cross over of the MACD with the signal, bullish sign; > A key resistance at the $3.90 level stands with support at the 0.5 fib level ($3.18). Chart below: 8 HRLY we have the following: > RSI matched up with the price action; where we have a triangle formation with the ABCDE levels assigned to it, matching resistance and support lines, along with the fib levels. > Phoeix has the grey energy and green RSI above the 50% with the red RSI following suit; Daily chart: MACD merging towards the signal THOUGHTS: ================================= > If my ABCDE formation is correct on the RSI, I have a consolidation under the main resistance and support area above $3.18 and if this holds, above the trend line as per the chart, we will likely start the next bounce up. If it drops below the trend line, then we will look for another RSI bottom bounce. Please give me a like or tick for this post Regards, S.SAri 8 HRLY Chart:
by ssari
4
SOLBTC anaylsisSell2 and sell 1 signal say we must not buy. Here is my analysis: 1. We can buy when risk/reward ratio greater than 2 = 200 satoshi 2.We can buy at support = 135 satioshi 3. We can buy when resistance turns to support (1D open & close above resistance) =380 satoshi only if we get a BUY1/BUY2 signal. Please use EngineeringRobo buy signals for buy decision and make sure that the risk/reward ratio is greater than 2. The bear signal is yet to come, so I predict will dip even lower. Chart is above the McGinley dynamic = we should not buy right away.
by SuhaibM
2
SOL.BTC (Y20.P3.E1).Gems in the making.No.4Hi, Another DeFi I had and have my eyes on since I sold them for this upcoming potential move, or maybe lower. Either way, one must plan for scenarios so to feel comfortable in the trade. Remember, with ever dump, or drop, it gives a great opportunity, like now. But don't rush it, look for key levels you want to see pass or supported and not those that go to quick. You will wrecked on such moves. Let it settle and see what the chart offers. With Sol pairing, I had this chart before the BTC breakout. I'm not claiming anything, just envisioning if it rolls this way. Now if it plays out similar to this at this level, then its a great opportunity, otherwise lets wait so see what other else is given. Lets keep stalking this one and see how this pans out. Cheers, S.Sari
Long
by ssari
1
Solana - Huge giveaway, Cybertrack, and Dex with FTX Despite the scary wicks, highlighted on the chart, I still believe that SOLUSDT doesn't topped yet. Why? The overall environment is looking good. FTX is launching a decentralized crypto exchange built on the Solana blockchain soon, besides, The Solana Foundation will conduct airdrop with a chance to win a Tesla Cybertruck (rules on their website or in my TG channel). Outlined a couple of trading ideas on the chart. Disclosure: Currently I long Solana. Hit the "LIKE" button and follow to support, thank you! Information is just for educational purposes, never financial advice. Always do your own research.
BINANCE:SOLUSDLong
by Bitduke