Solana is forming a MASSIVE Cup & Handle formation that could lead to major gains over the next few years. As many know, Solana has a potentially infinite supply of coins that can be created, which is one of its major downsides, in my opinion. As far as trading, and not investment perspective, I think Solana will make some mind-boggling gains over the next 3 to 5...
I have been following the price movements using a simple method on the chart and shared it with you. Although I do not personally execute trades with this method, I have provided it for your analysis. What do you think about it?
Would you like it as a tutorial?
Each spike can target 102% to 132% if momentum is maintained.
Currently, X has reached the target of 102, in general, the supply is increasing sharply between the range of 102 to 132 percent.
But we have another confirming factor which is the daily pivot supply area
For this reason, it is possible to short solana with a loss limit above the daily supply...
SOL has already made a good move from the $15 range, but I think we will see a move to the $24 - $25 range in the short-term. Keep tight stops if you are using leverage.
Hey dear friends, hope you are well, and welcome to the new trade setup of Solana (SOL) coin with US Dollar pair.
Previously we caught almost 16% pump of SOL agains Bitcoin as below:
Now on a daily time frame, SOL has formed a bullish Gartley pattern for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify...
Traders,
As projected Solana did break to the upside of our area of confluence which was the intersection of our 50 day, 200 day, and descending TL (black). As you know, I had been waiting for this break before making an entry. The confirmation candle came but the move was too quick for my liking. I am not about chasing. So, here's what I am now waiting for:...
Traders,
As expected, Solana has now broken above the neckline of our inverse H&S, the 50 day, and the 200. This is a great sign for sure but still, caution is warranted until two things happen: the expected pullback on BTC / BTC.D occurs, we understand how altcoins will respond to Bitcoin's pullback.
In Solana's case, I can see it now coming back to retest...
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Solana broke out of this triangle 📐 to the upside so there is chance for run to 30.30 and even higher. I traded the initial breakout and I wouldn't chase the market now. One can set BUY...
