To start this chart looks great, looks...
There are currently 46.6M coins in the circulating supply.
Starting tomorrow ~2 hours from now the remaining ~442M coins will be unlocked and distributed to SAFT Investors, Validators and Founders.
(The Solana team likes to say they are transparent, but information given here: solana.com is severly lacking)
A large...
SOL Daily is setting up for a nice monthly swing trade. Daily Is currently a TD 9 and Confirmed Reversal I would Suggest Accumulating Between 0.90 to 2.52 Targets 2.81 /3.1950 /3.6150\
The Risk To Reward on this trade is a -30%/+160%
If you enjoy the ta please support us by signing up to FTX with Referral Code DrTrade
(Ps) LTF Chart Coming Soon.
Hello traders. Here I would like to discuss how the Bitcoin dominance works in theory and technically. Why it exists, how it functions, and how we can interpret it in terms of when a potential alt season cycle is coming.
Calculating BTC dominance is actually, very straightforward and simple to use for your advantage when trying to understand when to enter alt...
Solana and other alts have taken a beating retracing over 75% from it's ATH.
We can see some bullish divergence on the daily candle with some decent wicks on the bottom . However, we are still in a downtrend unless we break this trendline on the macroscale
On the smaller timeframe we also have another hurdle this other trendline
Zooming into the 4hour we can see ...
