BTCSOL.P trade ideas
SOL/BTC Solana Blockchain is at a key level.BINANCE:SOLBTC is currently testing Demand zone which was defended on Sep-09, earlier we generated massive gains from the same levels.
If we fail to defend and bounce from the current demand zone we are highly likely to test lower levels whereas support levels are mentioned in the chart. lets see how it reacts.
Indicators: Rsi is over sold.
Price is below EMA-200.
Ichi cloud is also bearish.
Happy trading.
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!
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.
SOL/BTC (Found Support @ 24k sat?)BINANCE: SOLBTC
-This coin bounces at previous key support area around 24k sat
-If SOL can hold this important area of support for 2-3 days
-And Bitcoin started moving sideways (Not Dumping)
-There is a chance SOL may bounce back up to 32k sat or higher
-Trading Altcoin today is a very high risk
-Please exercise proper risk management and use stop-loss
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
Solana (SOL) Major Uptrend With New TargetsSolana (SOLBTC) is on a major/parabolic uptrend.
Here I've marked the next target with Fib. levels.
Prices for Solana (SOLBTC) can easily continue to grow.
The next targets are marked on the chart.
Remember to build a plan/strategy before you start to trade.
Namaste.
