BTCSOL.P trade ideas
SOLBTCSOLBTC
Solana paired with Bitcoin is trading in the green channel. It will be very good if we continue to be in this range and gradually move down to the red line. Then Solana will have a great chance to show good results in the next altseason.
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✳️ Solana | Consolidating (Name Your Altcoin #11 ✅)Solana is undergoing a consolidation phase which is likely to be followed by a break to the upside, let me explain...
The low was hit late December, followed by a strong bullish breakout. After this breakout, we can see prices slowly creeping lower yet remain pretty strong, only a small portion of the previous move has been corrected which is a signal of strength.
The consolidation phase can last days or weeks, this can vary wildly but the bias is bullish based on the previous breakout.
The relevant support levels are EMA50 at 0.0009711, immediate support.
0.382 Fib. (0.0009209), 0.5 (0.0008365) and finally 0.618 Fib. (0.0007521).
Any of these levels can be hit but the most important part is the bullish bias, after some waiting, the upward move can be resumed.
Namaste.
Solana breaks out vs. Bitcoin. Nears prior area of resistance.Solana is where it's at while Ethereum continues to lose ground to Bitcoin. However, we've had this run-up before, and we are nearing an area where we could see a pullback to support. If you are just now entering Solana, be aware of these prior areas of consolidation vs. Bitcoin.
SOLBTCMarked out is the next key level order block for the BTC evaluation of Solana. Would be cautious to see what happens to price when we reach this key level.
In bull market conditions, we would expect a higher high above this level, which could then see further continuation before a retracement.
SOL BTC - Massive Inverse Head and Shoulders (SOL = BOSS)Hello Guys,
this pattern is absolutely crazy. Solana has this massive Double Bottom against BTC and ETH and is just breaking out the Inverse Head and Shoulders against Bitcoin, absolutely insane.
This is just getting started and will outperform BTC by 100% in the immediate mid / short term,
SOLANA best Coin to hold - Leader of the Market.
Lesson: The Death Called Live the Longest, never Forget
SOL/BTC (SOL/USDT) GLORY TO THE SUN, THE SHINING STAR OF GAIA!The stars and constillations are alligned... Hell, in all my trading years this allignment is probably more like GALACTIC allignment.
Multiple 61.8% levels,
cypher 88,6% key level retracement,
Adam & eve
Bump and run pattern
Triangle breakout
What more do we need... This boy is going to 60$ TP1 with a final level of 144$ for a TP2...
And when we do reach these levels, it's likely we move to all time high in the future when bitcoin breaches those 31-32k levels.
Who knows where the sun might settle by then...
Is Solana a Good Buy Below 0.0007 BTC?SOL/BTC Technical Analysis
Current Trading Level: 0.00055 BTC
Key Levels:
Support: 0.00029 BTC
Resistance: 0.00070 BTC / 0.00110 BTC / 0.00200 BTC / 0.00300 BTC
Analysis:
Solana in the BTC pair is showing a bearish trend. The important support level of 0.00070 BTC has already broken down, and the price is currently trading below this level. This suggests that Solana is in a bearish trend and could continue to decline to 0.00029 BTC in the mid-term.
However, if Solana breaks above the resistance level of 0.00070 BTC, it could see a bullish rally towards 0.003 BTC. The best accumulation zone for Solana is likely to be around 0.00029 BTC.
✳️ Don't Trust The Chart | SolanaThe chart for Solana vs Bitcoin (SOLBTC) has gone crazy and is showing some bullish signals... You shouldn't trust it.
The chart is saying that a new wave is just starting now and is about to hit a new high compared to January 2023... But, who is this chart that tells all these things?
This high can come fast and happen within weeks... According to the chart.
Since when do charts speak?
Namaste.
#SOLBTC - Swing Down to Support (Big Short!)#SOLANA has had a couple of week right at the top of it's current trending channel, it's been testing this level of resistance but can't seem to break through!
We've now received a Short signal on #Crypto #Tipster v2 so we can see the price heading down after this rejection at the top, the next layer of real support would only be after a huge 30% drop in price down to .0007
From here you can create a new small upward trend and see the price ranging this pinch point of the newly formed symmetrical triangle ~ until further notice..
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#SOLBTC - Reaching End of Closing Triangle, Time for a ShortWe're pretty close to the end of this closing triangle but there's time for a large Short trade to bag a good 25% taking the price to the lower support line as illustrated.
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Crypto Tipster v2
theCrypster
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Solana Path to the MoonHello Everyone, have been a while.
This is my prediction for solana path on the 12 hours chart.
History always repeats itself.
Also yesterday's drop was meant for that.
Macd, RSI are positive for solana.
Support was hit already so if we kept this price and above, will be very bullish for solana which is already late.
✳️ Can The Solana vs Bitcoin Consolidation End Now & Why?!Solana vs Bitcoin is likely to continue growing as the consolidation phase is reaching its end... Let's have a look.
SOLBTC peaked 15-Jan and has been consolidation since.
Prices moved below EMA50/21/10 and are now trading back above these levels, today.
While the consolidation phase takes place, the RSI stays bullish above 50.
The 0.382 Fib. retracement level has been hit. On a strong market, this is as far as corrections tend to go.
Since we have no follow through from the bears, no bear volume nor major drop, this strengthen the bulls case and after two days green, if SOLBTC closes above EMA50 next week can resume the next leg up.
Note: This analysis of a short-term move is invalidated if prices move and close daily below 0.0009200 but the bullish bias would remain intact and strong.
Namaste.
SOLBTC possible short scenarioAccording to our previous analysis about the DXY and possible upward targets on dollar chart (related ideas) we could see sell off across the risk assets, specially crypto.keeping that in mind together with the weakening of sol against btc on the chart with a deviation back into the range i think we can possibly see depicted area on the chart…lets see how its gonna play out.always a student!
