People need it from #X but need it from #Binance 💌 $BN | Portable Detective07 в Binance Square

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Portable Detective07

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People need it from #X but need it from #Binance 
💌  
$BNB 

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Portable Detective07

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Why BITCOIN is Going Down ⁉️

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Why I might buy $BONK

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Is the Bull Run Over?

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My Today’s $1000 on 7 CRYPTO for JULY 2024

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#SOLANA : Why I am buying it ⁉️ . . . . 1. Previous Bullish Stance: Yesterday, I expressed a relatively bullish view on Solana. In hindsight, this view seems correct. 2. Current Position: I did long Solana, albeit a bit late. I'm currently in profit, though I could have entered earlier. 3. Bearish Overview: - On a larger scale, Solana is bearish, especially after the bearish breakout below 156. - There isn't much bullish sentiment beyond this point. 4. Support Levels and Bullish Signals: - Significant support at 140. - Bullish divergence observed: Price made lower highs while RSI made higher highs, indicating increased relative strength despite price drop. 5. Trade Strategy: - Mentioned in my premium group: If confirmation is gained, it could be a good trade. - Confirmation came by breaking above 146, marking significant bottom confirmations with bullish RSI divergence and strong daily support. 6. Current Momentum: - Solana gained momentum yesterday and might continue today. - Bitcoin's potential recovery could influence Solana positively. 7. Awaiting Breakout: - Technical situation shows a mix of bearish trends and bullish signals. - Awaiting more confirmation with new market money flow. - Key level to watch: Breakout above 149 or 150 could indicate bullish continuation to 156 or into the 160s. 8. Bearish Scenario: - If Bitcoin drops and Solana fails to hold 140 or 145, the momentum could turn bearish, leading to further decline. 9. Bias and Outlook: - Personally optimistic due to my position in Solana, but open to bearish outcomes based on market movements. That's my full update on Solana. Let's see how the market evolves today. $BTC $SOL #BTC #bitcoin #BlackRock #altcoins

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