SOL has broken structure to the downside. Do we see a retrace and then further bearush price action? In the video we take a close look at a couple of possibilities. Info is educational in nature and not financial advice.
I am also confused about what problems might arise in SOL. But the technical chart on the daily time frame is indicating that SOL will crash in the coming time and could go below $50. I would be happy in the future if my analysis proves wrong. But if you are long in SOL futures or margin, you should definitely reconsider this once. SAFE TRADING.. SOL IS NOT SAFU..
We've seen a bounce off the support level!** Currently showing bullish divergence, so it looks like a good opportunity to buy based on the support level.
Hello dear friends, I hope you're doing well. As you can see, Wave A has completed, and we're now inside Wave B. The structure of Wave B closely resembles Wave 4, with the difference being a throw-over. Typically, it moves within a pattern like a triangle or a sideways range. In this wave, the likelihood of a fake breakout is high. Essentially, it's a wave of...
Trading Setup: A Trading Signal is seen in the SOLUSDT Solana (1h) (Futures) Traders can open their Sell Trades NOW ⬇️ Sell now or sell on 187.15 ⭕️SL @ 195.20 🔵TP1 @ 161.15 🔵TP2 @ 144.40 🔵TP3 @ 121.65 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk...
Hello everyone, I hope you're all doing well. It seems that SOL has completed five waves and is now likely to undergo a corrective wave of three. Negative divergence between waves 4 and 5 in RSI or MACD is often a sign of the end of wave 5. Keep in mind that both FVGs have filled out the weekly important points. I don't recommend taking positions, but if you...
SOLANA is showing signs of reversal with bearish weekly divergence. It already has made a cup pattern with potential downside is possible for completing the handle. Potential downside target based on fib level is between 82$ to 65$ at 50% to 60% respectively. *******Trade Plan****** Take Entry @ Daily TF as soon as HL broke Stop Loss @ Top Take Profit 1 @ Fib...
SOLANA has switched from a Bull Channel to a Bear Channel. We're now on the 7th day of this new bear channel. RSI and MACD both declining since December 25th and Volume has been declining since Nov 1 2023. If you found this interesting or helpful, click the rocket! --------->
#SOL The price is moving in a downward channel and sticking to its limits well It was hacked upwards and is being retold now We have respect for the lower border of the channel at the 100 level We have an uptrend on the RSI that the price is following well The first entry price is 107.41 The second entry price is 102.00 First goal 111 Second goal 115 Third goal 119
SOLUSDT shows a bearish bias considering: (1) Bearish Divergence at 1H TF (2) AB=CD Pattern showing price at reversal (3) Double Top reversal pattern. *** Trade Plan *** (1) SL at Higher High (2) Entry at previous Higher Low (3) TP1 and TP2 at 1:2 risk to reward ratio. What do you think guys, will it work? Note: Crypto is high risk market. If you are not...
I'm really hoping it doesn't play out this way, I would much prefer the accumulation and the bullish scenario, I think we all would. The thing that concerns me though is that the measured move from the high we just put in perfectly lines up with the bullish weekly OB and the monthly FVG, so stay on guard here and be careful
This is the other scenario I'm watching today over the next few hours - this could turn into a re-distribution. Obviously I would prefer if it went ahead with the accumulation but we may need to come down lower before we see a real spring
This is the potential bearish scenario getting ready to play out on Solana. In the stated case, February 18th would bring a spring on a larger re-accumulation
📉Hi Traders, Investors and Speculators of Charts📈 Looking at the Solana chart today, something struck me as familiar - but I couldn't place my finger on it. A pattern... where did I see this before? If you stare at charts about as much as I do, sometimes you start to see trends and correlations between charts. We call these - FRACTALS. These are a great tool...
Now there's 2 possibilies I see from here. We either SFP this local SOS high and re-distribute, or.... (See related)
I'm kind of just messing around on this one with the major macro fib time - I think we all would prefer that it just kept pumping and we had a bull run but from a Wyckoff point of view that just wouldn't make sense. Be careful here
🏃♂️Solana is moving near the Support line right now. 🌊According to the theory of Elliott waves , Solana seems to be in corrective waves in the 4-hour time frame . 🌊The structure of correction waves is Triple Three Correction(WXYXZ) . 🔔I expect Solana to fall to the 🟢 Support zone($82.00-$75.20) 🟢 after breaking the Support line . ❗️⚠️Note⚠️❗️: An...
Solana is trending up in it's channel on the 30min chart. If it breaks out through the channel on a candle close, look for it to move higher. If it rejects the channel resistance, look for it to test the bottom the channel and repeat. BINANCE:SOLUSDT COINBASE:SOLUSD #Solana #BTC #SOL #SOLUSD