SOLBTC trade ideas
SOL wants to go UP againSolana is a decentralized computing platform that uses SOL to pay for transactions.
The Pro's
Breakout on price
Stoch UP
6+ divergences
Higher high - trend reversal since november
Good volume
A whopping 85% drawback from top!
Project with still good hype around it
RSI breakout
The Con's
Still significant downward pressure, this could be a dead cat bounce
On USD pair, rating is not so stable. Seems overbought already.
NFA. Do your own research. Share your though below.
SOLBTC '2D' - Long Range Forecast of 50% Gains!Just checking out the state of SOL at the moment - with a recent further dip down after huge losses throughout November. Are we now going to see the price bounce back a bit to touch the downward trend line that has formed? Or could we possibly break upward through this trend line?
It's quite a long range forecast lasting until mid-April so there will be plenty of smaller term trades to be made within this overall trend back to historical levels of support.
✳️ Solana Rebound vs Bitcoin | Very Easy 65% + More PossibleEverybody is looking at Solana now and that is good...
Even though there is a shakeout happening on the major altcoins Solana is giving us a clear picture.
While the USDT pair is being reviewed by everybody, we chose the BTC pairing as accumulating bitcoin at low prices is the wisest choice possible for any cryptocurrency trader.
You can gain more bitcoins by buying altcoins with your BTC.
Ok. Solana vs Bitcoin (SOLBTC).
29-December gave the reversal signal in the form of a Doji at a new low/support.
This with an oversold RSI.
The signal is confirmed once prices move above EMA10 (yesterday) on high volume (today).
So we can consider this a real move.
Things can always change and reverse... Of course, but these signals are good and strong.
Very easy target for this bounce is set at 65%.
There can be much more because Solana has gone through a very strong correction.
The market moves in cycles...
After going down, what follows is up.
Thank you for reading.
Feel free to Boost 🚀🤗😄👍 for more!
Namaste.
#SOL/BTC - Long - Potential 25.04%#SOL/BTC - Long - Potential 25.04%
Exchanges: Binance, FTX, Huobi.pro
Signal Type: Regular (Long)
Entry Targets:
1) 0.0018120 - 100.0%
Take-Profit Targets:
1) 0.0018473 - 33.334%
2) 0.0020040 - 33.333%
3) 0.0022611 - 33.333%
Stop Targets:
1) 0.0016044 - 100.0%
Entry Trigger - Breakout missed but we're trying to catch this pullback to the Hull EMA
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)
Published By: @BPTadmin
#SOLBTC - Long - Potential 116.63%#SOLBTC
Strategy: Long
Exchange: Multi-Exchange
Account: Spot
Entry mode: Market order in range
Invest: 5%
Exit:
Target 5 : 14240 113.78%
Target 4 : 10006 50.22%
Target 3 : 8948 34.33%
Target 2 : 7196 8.03%
Target 1 : 6927 3.99%
Entry: 0.0006497 ⌁ 0.0006661
Current market price: 6589
Stop: 5387 (-19.13%)
Technical indicators:
24h Volume: 283.73018287
Satoshis: 6589
Breakout. Solid volume uptrend.
Trade: SOLBTC 02/01/2023 12:04
Account: SPOT
Volume last 24h: 283.73 BTC
Volume in buy range: 6.75 BTC
SOL-next stage of the dot-com bubble explosion in cryptoprojectsWhile you were all watching the grandma on the plane measure the size of the genitals with the Chinese grandfather, hackers gained access to the funds of the owners of Solana wallets, stealing millions of dollars.
There is a full-fledged epoch-making economic war. Life is the desire of some organism to adapt its expectations to the objective reality. The ability to predict the future, or at least notice its changes, will help you earn or not lose money.
We have reached the next stage of the dot-com bubble explosion in crypto projects: bursting, hacked, and not-thought-out projects - inflated (for example, Luna). It all will burst and become fodder for new ones. The crypto will develop, but this does not mean there will be growth now.
Behind the fall of the stock and crypto markets, the real estate market is waiting for you. The global real estate market will inflate again. This time the reason is China and India.
You may not be an economist, but I think you have heard about economic cycles. The scenario is always the same: VCs go first because no one wants to take more risks, then the high-tech stock market goes down because no one invests in hard research that might not pay off. Then industry indices. When all falls - precious metals and cash rise. People hedge the risks and flock to buy real estate, burying money in concrete instead of increasing turnover.
As a result, they destroy the real estate market, trying to save money and making it illiquid. Keeping money under a mattress or real estate is wrong for a recovering post-COVID economy.
Even more "interesting" times await us. Create turnover and business processes along with jobs, rather than stockpiling for a rainy day. Stocks will not save if they suddenly depreciate, but turnover and workplaces will help.
Best regards,
EXCAVO
SOLBTCSOL BTC after breaking out of LTB was seen bouncing back on its daily chart with a 12% gain between the 4th and 9th of September, entering a new accumulation phase. The width of the Bollinger Bands on the chart confirms this accumulation and suggests an upward explosion of the asset due to the devaluation it is currently in. However, its RSI is crossed and pointed downwards, but that doesn't take away from the brute force of Sol. I believe that in the next 24 hours it reaches the target of 0.0017955.
SOL/BTC 4HSOL/BTC = SOL has broken the LTB (downtrend line) which it was drawing for a while, now it should only stop at the height of the powerful resistance at 17352 which coincides a Fibo resistance with MM200.After passing this resistance already we hit our target of 17952.
Solana is a blockchain designed to support massively scalable decentralized applications (dapps).
It claims a maximum throughput of over 50,000 TPS and block times as low as 400 ms.
Solana (SOL) formed bullish Cypher for upto 11.50% pumpHey dear friends, hope you are well, and welcome to the new trade setup of Solana (SOL) coin with Bitcoin pair.
Recently I shared a long-term trade plan for SOL, which is still in play:
Now on a daily time frame, SOL has formed a bullish Cypher pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
BTC AccumulationFor long term holdings, I started to accumulate BTC.
Doesn't matter to me if it will go lower, in 2 years or even more I think it will be much higher. Don't use leverage!
just a small example with sol, the altcoins are performing better now that BTC dominance falls, but at resistance I will switch to BTC again.
Take care guys, and use risk management. I got enough bullets to buy more than now if it goes lower, if it doesn't I will stick with the holdings that I have and use the rest on short term trading (swing)
Cheers
