◳◱ On the $SOL/ CRYPTOCAP:BTC chart, the Bband Breakout pattern suggests an upcoming trend shift. Traders might observe resistance around 0.0026222 | 0.0029394 | 0.0036074 and support near 0.0019542 | 0.0016034 | 0.0009354. Entering trades at 0.0023372 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Solana ▣ Rank: 5 ▣...
◳◱ On the $SOL/ CRYPTOCAP:BTC chart, the Trend Reversal pattern suggests a pause in volatility, potentially gearing up for a breakout. Traders might observe resistance around 0.0026222 | 0.0029394 | 0.0036074 and support near 0.0019542 | 0.0016034 | 0.0009354. Entering trades at 0.0022664 could be strategic, aiming for the next resistance level. ◰◲ General info...
The SOL/BTC weekly chart presents an interesting technical development that suggests a possible bullish reversal for Solana (SOL) relative to Bitcoin (BTC). Here's a breakdown of the observed pattern and its potential implications: Double Bottom Pattern: The chart appears to be forming a double bottom pattern. This pattern is generally considered bullish within...
Could be the start of a massive repricing for SOL. With SOL TX and DEX volume surpassing ETH L1 & L2s combined, I think CRYPTOCAP:SOL is poised to eat a lot of ETH's would-be market share, if the TXs weren't $100 a swap. Consumers are here, now, and ETH UX isn't where it needs to be to capitalize. I hold both, but more bullish on CRYPTOCAP:SOL as a go-fwd...
How can a sh1tcoin still be so overvalued compared to Bitcoin? We need to bring this one down lol
Activity on SOL is exploding, currently driven by a speculative meme token frenzy. This drives a lot of value to SOL itself. Unless an ETH ETF actually gets approved, SOL stands a good chance of outperforming both BTC and ETH this cycle. DYOR. Happy Trades, CD
Since the market narrative rely heavily on Solana chain and on chain meme coins, I think we should start drawing our attention into SOL/BTC pair. Currently showing strength and may aim the 0.04 level. The question is are we going to be able to see that on this bull run, if it can break that level and stay above it. Not a financial advice
After the multi-month cup & handle (inherited from btcusd), upside breakout. A bull flag over the last 6 months had formed, and finally broken out this week. Expect continuation of this bullish pattern throughout 2024 leading into the 2025 bull run. Despite the lack of decentralization & costs for running a node, solana is the #1 blockchain by many metrics. Users...
◳◱ On the $SOL/ CRYPTOCAP:BTC chart, the Bband Breakout pattern suggests an upcoming trend shift. Traders might observe resistance around 0.0023843 | 0.0025267 | 0.0027507 and support near 0.0021603 | 0.0020787 | 0.0018547. Entering trades at 0.0022642 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Solana ▣ Rank: 5 ▣...
SOL looking to take some share away from btc A clear impulse here with a potentially finished correction as all it had to do was make a double bottom here at best. Volume is indicating there could be a bullish divergence here soon and BTC is just chilling! Don't you love to hear that? This is SOLBTC Check out my SOLUSD chart too showing how the moving averages...
Guys wait it cross the downtrend put your 30% stake if it touch the support line and come back put 30% if it cross resistance line invest 50% stake this is going to Moon Good luck
Solana has been steadily outperforming most large cap crypto coins. Here is a comparison between SOL/BTC vs ETH/BTC. You can see that Solana has been consistently outpacing ETH compared to BTC this last year.
SOLANA - KEEP AN EYE ON THE EXITS Solana continues to hold the 21 daily moving average and has relative strength against BTC even with the recent mini BTC pump. Whilst I think we need to keep our eyes on the exit over the coming 2 - 8 weeks these charts continues to look very positive with any BTC upside propelling CRYPTOCAP:SOL higher than BTC in BTC...
0.236 fib level is holding here ~15% to the 0.618 for this market outperformer
SOLBTC Since It's in the supply zone, I think we are at the end of the sol dream To be honest, I don't know if the area would work. We'll see I won't expect it will hit above the 3th mark. It's just an idea please don't take it serious.
Its shown rang idea and then long idea for sol, I think about 40% increasing in price for sol
Solana to Bitcoin has reached near the top of the channel. Should we wait for SOL reform? According to the upward momentum, I considered 3 movements for this chart: 1) Correction from the top of the channel to the area of 0.0012-0.00136 2) fake Breaking the channel and correcting it up to 0.0012 3) Break the channel and pull back to it and continue the trend to...
. Continuation Pattern . Wick Fill . BTC Halving - Nobody wants to sell BTC - that´s why I believe its a continuation / accumulation pattern on this level. . Sol Phones selling on EBAY - Stil don´t know if will be a genius move or the opposite :)