Solbtc
SOL > Trendline Breakout/ Support and Resistance > Bull Run?Hello Friends,
Hope you all are having a thrill in your trading journey.
I am presenting you my analysis of SOL .
I hope my analysis is pretty clear to you guys.
Kindly do your own research and follow proper risk management.
Feel free to share your views in the comment section. Like and Follow!
Best Regards,
Shaswat Naman
TradeThrill, India🇮🇳
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Solana (SOL) : An risky Opportunity to longExpecting BTC To make a bounce from the bottom of the wedge as discussed earlier... so Solana should follow BTC As well after meeting the liquidity support area...
Solana (SOL) - July 14Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(SOLUSD 1W Chart)
If the price holds above the 19.03619793 point, it is expected that the uptrend will continue.
(1D chart)
If the price is maintained in the 24.34370873-32.05874831 section, it is expected to turn into an uptrend.
The price should hold above the 35.91626787 point to continue the uptrend.
If it falls from the 24.34370873 point, you can touch the 12.77114959-16.62866915 section, so you need a Stop Loss to preserve your profit.
However, it may follow an uptrend line, so you need to trade cautiously.
-------------------------------------
(SOLBTC 1W chart)
If the price holds above the 42282 Satoshi point, it is expected to continue the upward trend.
In particular, if the price is maintained above the 61209 Satoshi branch, it is expected to create a new wave.
(1D chart)
If the price is maintained in the 73914 Satoshi-96672 Satoshi section, it is expected that the upward trend will continue.
Looking at the big picture, the 73914 Satoshi-119430 Satoshi section is a sideways section.
The 119430 Satoshi-127016 Satoshi section is the section that determines the direction, and after two attempts to break through it, it fell without support.
Accordingly, support can be found in the 66328 satoshi-73914 satoshi section, so careful trading is required.
If it falls in the 66328 Satoshi-73914 Satoshi section, Stop Loss is required to preserve profit and loss.
However, it may rise near the 42282 Satoshi point, so be prepared for this.
------------------------------------------
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 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 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.)
** See support, resistance, and abbreviation points.
** 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.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(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.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
SOL/USDTSHORT #SOLUSDT from 31.562 $
Breakout of this level with the full support of the cue ball, enter the density corrosion (13 k) at a price of 31$
At this level, with full support of the BITCOIN, enter into densities (13 to) at a price of 31$
If you liked my idea, follow me for more.
$SOL, Looking good..$SOL
Showing a 1D Buy signal as its crossing above weekly high and facing last 'resistance'? prior ATH levels
If manages to show volume & flip/breakout above this level, it will probably go toward monthly/quarterly highs..
#SOL
Solana V bottom recovery?Only spot trading this one at the moment against BTC (actually miss spot trading some times) I havent been playing a lot of the alt market recently as I have had more luck just trading Bitcoin through all this mess but I do enjoy trading SOL, might be a bias because I trade on FTX alot but I enjoy its price action and volatility, and can normally get some descent set ups on it.
Now although im semi bearish on the Crypto market has a whole right now I couldnt help but take this trade from that V bottom and R:R it offered over 7:1 and I got a descent entry off the pull back so happy to sit on this for a while at .5R.
I have circled that area at .000946 as the troubled area we need to break through for this trade to continue, if we fail to break this either 1st or second go and there is a lot of bearish reaction there like a big bearish engulfing, lack of volume or wicks to the upside indicating a supply zone It invalidates my trade and ill exit early for small profit and write it off.
Breaking this level im happy to sit tight and move my stops into take profit and let it run for a higher target and reassess when we get closer before jumping straight out.
Solana (SOL) - June 27Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(SOLUSD 1W Chart)
If the price holds above the 18.77040400 point, we expect the uptrend to continue.
(1D chart)
We need to see if we can find support by moving up along the uptrend line and moving towards the 32.05874831-35.91626787 section.
If it goes down, you should check to see if it finds support at the 24.34370873 point.
If the price is maintained in the 24.34370873-32.05874831 section, it is expected to rise above the 32.05874831 point.
-------------------------------------
(SOLBTC 1W chart)
If the price holds above the 42282 Satoshi point, it is expected that the uptrend will continue.
(1D chart)
It remains to be seen if it can move above the 96672 Satoshi point and continue the upward trend.
If it goes down, we should see if there is support in the 66328 satoshi-73914 satoshi zone.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, 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 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 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.)
** See support, resistance, and abbreviation points.
** 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.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(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.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
#SOL, Finally closed on the 2D with a UCTS Sell signal#SOL
Finally closed on the 2D with a UCTS Sell signal
~1130% over 6 month position 👍.
High timeframe signals focus on long time positions that look to ride trends instead of looking for tops/bottoms
Ready for the next one whenever it comes 😁
SOLUSD Analysis -1--We are going to see a head and shoulders pattern
-complement of the head part
-stay tuned to get real profit
SOL still has some way to go before going back upWe are in a mini bear market, $btc is not doing well and looks to keep going down for a few more days, this will inevitably bring all the altcoins down with it, $sol is no different.
But there are other factors at play here, the #rsi is still very high and needs to come down before the price goes back up.
So, I see a period of consolidation.
If we break the downtrend then we should see 0.0013 in the next 20 days or so ... with a wave going up and then down.
If we have a total break of #btc then we will probably break down for further lows
Solana vs BitcoinA few entry points you might consider stacking
This is a very risky trade as it requires you to maybe lose 40-50% of your position.
For this reason, its wise to use a small balance to mitigate risk.
The upside is 2-7x short term.
Remember this is against Bitcoin not the US DOLLAR
when u start to trade assets that are outperforming bitcoin u can acquire more bitcoin.
Solusdt analysis for a beautiful trade!We can Go short after retest if 36.5$ break well, otherwise we can go long if the support work well!
in my opinion it will broke.
Goodluck
Solana (SOL) - June 7Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(SOLUSD 1W Chart)
Although weak, if the price holds above the 18.77040400-24.56161292 range, we expect it to maintain its uptrend.
It is expected to create a new wave by moving above the 53.32274325 point along the uptrend line.
(1D chart)
If it goes down, you should check to see if it finds support at the 32.05874831-35.91626787 zone.
If it falls from 24.34370873, Stop Loss is required to preserve profit and loss.
--------------------------------------
(SOLBTC 1W chart)
If the price holds above the 82970 Satoshi point, it is expected to maintain an uptrend.
If it falls to the 40857 Satoshi-61209 Satoshi section, fear of further decline is expected to be maximized.
However, it is a good support zone for continuing the uptrend.
(1D chart)
If it falls from the 96672 Satoshi point, a short stop loss is required.
However, careful trading is required as it may touch the 82970 Satoshi point and follow the uptrend line.
If it falls from the 66328 Satoshi point, Stop Loss is required to preserve profit and loss.
------------------------------------------
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 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.)
** See support, resistance, and abbreviation points.
** 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.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(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.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
solona ending diagonal (SOLUSD)An ending diagonal is seen in the SOLONA chart, we are bearish on this crypto, Like a lot of others, Be carefull.
it can make and ABC pattern to correct the major trend.
What Do you think??! Share your comment.
Good luck
$SOL, Strong weekly looking for a potential ATH retest..$SOL
Strong weekly looking for a potential ATH retest..
~1400% since latest UCTS 2D Buy (still open..)
#SOL
Solana (SOL) - May 22Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(SOLUSD 1D chart)
You should watch for any movement that deviates from the 35.91626787-47.48882701 segment.
If it falls, you need to make sure you get support in the 32.05874831-35.91626787 range.
To maintain the uptrend, it must rise above the 43.90524575 point and gain support.
After the plunge, it rebounded and is showing a decline again.
I think there is a high possibility of forming a box section by repeating these rises and falls.
The next volatility period is around May 29th-June 2nd.
-------------------------------------
(SOLBTC 1D chart)
We have to see if we can get support and ascend at the 96672 Satoshi point.
If it falls, we need to see if it can rise along the uptrend line.
If it falls at 51156 Satoshi, Stop Loss is needed to preserve profit and loss.
However, it may rise along the uptrend line, so careful trading is necessary.
--------------------------------------
It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price 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, so that the money that ultimately corresponds to the profit can regenerate the profit.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional 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 that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.
GAP refers to the difference in prices that occurred when the stock market or CME and BAKKT exchanges were closed because they are not trading 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
