Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00021).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. SOLBTC is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00021).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. SOLBTC is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...
SOL / BTC
🌟 4H frame technical analysis 🌟
Form flag pattern
EMA 100 act as support
EMA 200 act as resistance
If ema 100 hold then we are going to restest ema 200 again
We can also see below in RSI potential hidden bullish div start in formation
Safest area to enter is after break local resistance and also break above 200 EMA
If that happens we can expect a...
💎Technical Analysis Summary💎
BINANCE: SOLBTC
-SOL is painting a Bearish reversal pattern on the 12H time-frame
-The confirmation is once the neckline is invalidated
-The price action is giving us a warning signal
-So please reduce risk by lowering position size or moving your stop loss
-If the pattern confirms and breaks lower
-The downside target is around...
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...
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
Hi,
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...
SOL/BTC
-broke the daily resistance area
-it would be healthy if the price pullback
-and retest old resistance > flip to new support
-upside target #1 is located at 9791s and targe #2 13793s
SOL is very weak and moving down to 5000sts zone if it can't break the 6250-6300sts zone.
Wait at 5000sts and target should be 7000sts
Warning : If SOL breaks 6250-6300sts, this analysis will be invalid and need to be updated!
