- Fida & SRM follow SOL - SOL ATH broken -- soon same scenario for Fida / SRM
SOL confirmed fresh bullish market structure and triggered this long setup called the "BoT". An AB=CD harmonic continuation trade. Fill area is technically at $15.57 or below. If price reaches the .5 of the fib above = Moving SL to break even If price reaches the .66 = Move SL to trailing Primary TP is up at $28.43 SL down at $11.27 This setup hits around...
overall. the stock is excellent in the long run and in the chart it is characteristic that it reacts to the charts and can grow up to 21.5264 in the medium term.
Notice the setup is almost a repeat of the previous pattern! Thoughts?
Fundamentals: The Solana protocol is designed to facilitate decentralized app (DApp) creation. It aims to improve scalability by introducing a proof-of-history (PoH) consensus combined with the underlying proof-of-stake (PoS) consensus of the blockchain. Because of the innovative hybrid consensus model, Solana enjoys interest from small-time traders and...
Plenty more money to be made during this cycle imo
Solana is a great ecosystem project that can be compared to Polkadot, but for now it's faster to send SOL and it have less supplies, this timeline analyse is very preservative, TA have to be combined sometimes with FA to adapt trends. i know this graph could be a bit complicated for some peoples but it's just a fibo channel + fibo Timeline, combined with impulsive...
After leaving the wedge and pullback, you can enter it to ride this token.
In short term we have a reversal head & shoulders formation and target is 9.07 Follow Tp and Sl on the chart.
Technical analysis regarding the price of SOLANA in relation of dollar Tether for the next scenarios, based on 4 hour movement. Price gaining bullish momentum, bullish macro progression! Parabolic SAR gaining strength and continuing to rise along with the price. Exponential Moving Averages taking parallel spacing and also moving sharply along with the upward...
i mostly analyse some DEFI coins right and i have my reason, for me DEFI is parts of the future of the cryptospace just because most of projects use governance, so peoples can make hear their voice and can vote, decentralisation, Stacking, swaping and much more good ideas, not like 2017 projects where peoples just follow the team and wait for results, well it's...
Broke out, just in time for altszn. I can see Solana making its way back to $5 and above.
SOLANA SOL Breakout 4H Chart - SOLBTC SOLUSD SOLUSDT SOLETH
Bullish pattern As long as sol is holding above local support 21600sat-18600sat We can see nice move to 27000-31000 level next resistance **Buy the break
2 supports are clear now for sol/btc Current one which is weak 0.00020-0.00018 Strong one around 0.00014800-0.00012800 I suggest to wait for the strong one And buy if you see bullish rejection around this area Sell target will be in trendline resistance Please show support by click like and follow
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...
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...