Hi Traders, Sharing my Technical Analysis with you. Solely meant to improve my learning curve. Hope you like it. EngineeringRobo is Bullish for SOLOUSDT at the moment. Consolidating at the moment. If you consider BUYING wait for the daily close above the 50 area resistance line You have SOLOUSDT? As long as EngineeringRobo is bullish and the candles are above...
BUY: price close above the Blueline SELL: price on Greenline STOP LOSS: price close below Redline
At the bottom pf ascending channel (after fake beak out) just beneath the short time down trending line
SOL seems to be in subwave 5 of wave 3 now. aiming for it to end around slightly above 60 $, before it corrects at wave 4. seems to have also finished the second wave inside the subwave 5. so could be a good spot for longing here up to the end of wave 5... Unless BTC dumps more here off course. to see the smaller subwaves,zoom in on a lower timeframe..
Hello, We can see the last dips of the accumulation phases of SOL/USDT chart before by blue arrows. On 1st cycle it made %137 and on the 2nd one it made up %129 in the shorter time frame. Now, we might at the start of the 3rd one and i'm expecting another %120+ movement to 87$ soon and even in the shorter time frame. Enjoy,
Volume and Price action shows: Target 1: 86 Target 2: 167 Target 3: 268 P.S: Anything I say or do, should always be taken with a pinch of doubt. You might make or lose money based on my opinion, but you are solely responsible for your own actions. I am not your financial advisor!
SOLUSDT(1H CHART) Technical Analysis Update SOL/USDT currently trading at $46.45 Buy-level: $45.50 - $46.50 Stop loss: Below $43.50 Target 1: $47.30 Target 2: $48.90 Target 3: $50.00 Target 4: $53.00 Max Leverage: 3X ALWAYS KEEP STOP LOSS... Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
Also set some Buy orders near the Trendline Remember no more than 5% of the deposit in one trade SL: next sell signal
If SOL breaks that orange downtrend, it may go up to yellow resistance levels.
SOL looks like it just broke out of a HnS pattern. Watch for retest of neckline and then follow through to $36 level.
We also have witnessed in last BTC DUMP that SOL was the only coin going against Whole Market. Right now it's just behind $50 Psychological Resistance. Once it's broken, $100 Psychological Target is just a matter of Time. Currently it is Sitting Perfectly at Daily Support of $39 and in Accumulation Phase.
If daily candle close below 42 Then we will see a great support level at 38 Sol is still bullish
At least we should see Sol touch the upper line, if Sol crossed the uper line, so we expect moving forward If BTC stay stable I think it will happening
Ichimoku cloud edge to edge trade Bearish TK cross Price in cloud Stop loss at the purple line or above cloud!
Sol looking for next leg up. symmetrical triangle target listed. Look for confirmed break above resistance. DYOR and GL!