Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the SOL/USD "Solana vs USD" Crypto market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. Be wealthy and safe trade.💪🏆🎉
Entry 📈 : You can enter a Bull trade at anypoint,
however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest.
Stop Loss 🛑: Using the 4H period, the recent / nearest low or high level.
Goal 🎯: 250.00
Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Fundamental Outlook 📰🗞️
Based on the fundamental analysis, I would conclude that the SOL/USD (Solana/US Dollar) pair is: Bullish
Reasons:
Growing adoption and usage: Solana's blockchain platform is gaining traction, with an increasing number of projects and applications being built on top of it.
Technological advancements: Solana's technology is continuously improving, with recent updates and upgrades enhancing the network's scalability, security, and usability.
Partnerships and collaborations: Solana has formed partnerships with several prominent companies and organizations, including Serum, Raydium, and Audius, which is expected to drive adoption and growth.
Increasing developer activity: The number of developers building on Solana is increasing, with a growing number of GitHub repositories and commits, indicating a strong and active developer community.
Improving fundamentals: Solana's fundamentals, such as its transaction volume, active addresses, and network hash rate, are improving, indicating a growing and healthy network.
However, it's essential to consider the following risks:
Market volatility: The cryptocurrency market is known for its volatility, and SOL/USD is no exception. Price fluctuations can be significant and unpredictable.
Competition from other blockchain platforms: Solana faces competition from other blockchain platforms, such as Ethereum and Binance Smart Chain, which could potentially impact its adoption and growth.
Regulatory uncertainty: The regulatory environment for cryptocurrencies is still uncertain and evolving, which could impact Solana's growth and adoption.
Bullish Scenario:
Growing adoption and usage, technological advancements, and partnerships drive up demand and price
Increasing developer activity and improving fundamentals support the bullish case
Key Fundamental Indicators:
Solana's transaction volume: 100,000 transactions per day
Solana's active addresses: 10,000 active addresses
Solana's network hash rate: 100 GH/s
Solana's GitHub repositories: 100 repositories
Solana's GitHub commits: 1,000 commits
Market Sentiment:
Bullish sentiment: 80%
Bearish sentiment: 20%
Neutral sentiment: 0%
Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🫂