FYI and as a reminder to newbies, I only look at 4h candles. So, I don't panic if I see big movements in the 1h or 15mn candles.
LIVE
Mandresy7783
--
$SOL Here is my analysis for the next few days based on backtesting on SOLANA: - Those who have followed me so far have understood from my last post that the correction will not come if at the first drop (22/11 - 5pm), it does not break the support 251 USD. - Range period therefore until Monday 25/11 where we will test several times to break the Fibonacci retracement 0.5 - the resistance of 264 USD - Last increase before the Pullback the night of 25/11 to 26/11 (GMT +1 time) - Last chance to exit on 26/11 at 3:30pm (GMT +1) First big Bullrun Correction -17.14% to come back to get the price around 231 USD
$SOL Here is my analysis for the next few days based on backtesting on SOLANA: - Those who have followed me so far have understood from my last post that the correction will not come if at the first drop (22/11 - 5pm), it does not break the support 251 USD. - Range period therefore until Monday 25/11 where we will test several times to break the Fibonacci retracement 0.5 - the resistance of 264 USD - Last increase before the Pullback the night of 25/11 to 26/11 (GMT +1 time) - Last chance to exit on 26/11 at 3:30pm (GMT +1) First big Bullrun Correction -17.14% to come back to get the price around 231 USD
you can't without leverage Even MEMECOINS can go up x500 in 1 day and immediately go down to the initial point 2 or 3 days later unless you have a crystal ball
LIVE
oye trader
--
Bullish
I have 100$ ustd how to make 200$ in week only spot trading any idea which coin buy #BTCBreaks100K? #COSSocialFiRevolution #ETHPriceSurge #ETHPriceSurge #ETHPriceSurge $BTC $ETH $SOL
Here is my new chart after this morning's ATH breakout #SOL - Fibonacci 0.786 - 227.93 ~ 231 USD (Fall after the 18% correction) 0.5 - 264.84 ~ 265 USD (Current situation) 0.382 - 280.07 - 280 USD (Target if the correction does not take place) 0.2366 - 298.91 ~ 300 USD Landing point before the Pullback)
Price reload zone 264.59 - 248.37
Support line (if correction: 231 USD)
Strategy: sell 20% of its asset at 264.30 and buy back at the 2nd point of contact with the price reload zone support) - The first had to (be the correction if there will be). If there is a correction, buy back at 231 USD
Attention #SOL is almost reaching its ATH of 260USD and right next to it, #BTC is going to touch 100K, the biggest correction of this Bullrun is imminent. And yes, I repeat, not everyone can win. Corrections vary between 15% and 18% in a Bullrun phase. If I do a quick calculation, SOLANA can go down to 208 USD. Don't be greedy, we leave 65% of our capital and we'll see each other after the correction.
#SOL Those who follow me until now, have understood that here, we are talking about: long-term investment and Swing Trading, that is to say we are looking for an opportunity and at the same time we fill our bag.
New opportunity: We sell 25% of our capital at 252 USD and we recover the price at 240 USD. Why? the price of 252 was touched for the first time. This immediately made a decline to also bring in the Asian markets from 4am.
So, we inflate the bag to 240USD and if by then the big correction of -30% arrives. It will be a great opportunity to make a big margin.
$SOL Having been a Trading school, all the indicators show us that we are in a Bullrun phase. The Range clearly shows that the price is recharging to start rising again. Many people who recently bought SOLANA above 237 USD are currently panicking with these incessant descents. I don't want to scare you but what is this graph 😱😱😱😱 "SHOULDER HEAD SHOULDER" No not that 😭😭😭😭. Watch the STOP LOSS, we're leaving at 208 USD, The ball is over. The artists are packing up their stuff.
it was necessary to sell at 247 and return at 231. The train leaves, it is now or never. Next stop 260 USD
LIVE
Maximus10M
--
I sold my Solana yesterday at 232, after the Ukraine attacks on Russia, but the market has hardly gone down. I don't know if it was a good idea or if I was hasty. I'm waiting for a drop to re-enter.
$SOL Those who listened to me yesterday understood why correction phases are important in a long-term investment strategy without risking leverage on futures contracts.
I repeat: - Set a resistance line (weekly basis). - Then look at the candles around this resistance (daily candles). - Determine the price reload channel.
And that's how we exit exactly at 246.50 USD and enter again at 231USD and consequently increase our bag.
Last chance right now to recover profit on #SOL . A big correction is coming: either he will liquidate at least the short positions (in the blue zone) to recharge the price, or he will look for the Fibonacci retracement support at 225 USD to make a good return. Or the worst, he will completely liquidate the long positions since November 11 (the day when there was no more capitalization inflow with SOLANA. The STOP LOSS is therefore at this price 208.85.
In any case, nothing abnormal from the point of view of investors. Corrections or PULLBACK are an integral part of a classic rise.
If you opt for a SWING TRADING strategy, you should not look at the movement candles below 4 hours because you will panic at each rise or fall in the price.
You just have to focus on the 4h - 1 day candles and one week candles and wait for confirmation of the next candle before making a decision.
Never panic, everything is normal and next week we will reach at least the ATH of 261
$SOL take profit now, sell 20% of your SOLANA asset while it is high. The price will breathe. Not everyone can win in a Trade. It will enter a price reload phase with a correction coming around 2:30 p.m. - 3:30 p.m. GMT+1 (Paris).
Rate recovery zone 230USD and STOP Loss 223 USD (Fibonacci zone 0.236)
$SOL is no longer following #BTC for the reason that there are almost no more BITCOIN sellers. All those who have BITCOIN want to keep them, that's why the price of BITCOIN explodes as soon as there is a seller.
Be careful with those who buy MEMECOINS, look at their capitalization. If for example the price of #PEPE is 0.20cts, for a capitalization of 10 Billion, it takes double the capitalization to reach 0.40cts, something impossible to hope to become a millionaire when the price reaches 1USD. #ETH is not starting and is really very lacking, it interests those desperate for BITCOIN. It is for these reasons that all the movements currently centered on SOLANA; At this rate, SOLANA will reach its ATH of 261USD very quickly before BITCOIN reaches 100K.
Alert here, liquidation there... We have to stop scaring people. What I see from this new breakthrough, there is only $SOL which goes up, allowed the large capitalization. #ETH and #BTC This is not a speculative movement of whales because the volumes indicate movements of large purchases, medium purchases and small purchases. Which means: the train is starting up again. What explains the decline now? If we look at the 15-minute candles, the price is at rest and is going into a Range position. This is not a decline.
Don't panic, we are currently in a big RANGE (price reload zone to form the next price push). This zone (in blue) is between 201 USD and 220 USD.
This correction is still ongoing but will not go below 201 USD. If you look at the Weekly chart (see below), we are still in a bullish movement.
A delivery of the WEEKLY price at 201 USD is therefore not catastrophic. See this even for a good opportunity to consolidate our position.
What's next? Once the resistance (retracement of 0.236 / 221.62 USD) is broken, a new rally will form and go for the ATH of November 2021, i.e. 261 USD.
In the meantime, when is the next correction? We must monitor the rise of BITCOIN in parallel because if BITCOIN rises, all #Altcoins" rise at the same time. Also, do not forget to compare BITCOIN to #NASDAQ . The 2 indicators are the mirrors of all ALTCOINS.
If #BTC☀️ reaches 100,000 USD (symbolic value) too early, there will be a big correction at that time. (or even a real #pullback ).
So, I cannot tell you when exactly and at what price #SOL🔥🔥 will make a new correction but what is certain in any case is when bitcoin reaches 100K.
This is not investment advice, also do your own analysis and above all forge a stoic mentality.
$SOL Hold your position, I reiterate my post from this morning, investors are simply recovering profits after a spectacular rise of 43.83% over a distance of 7 days and 4 hours since the start of the bullrun. The rise in the SOLANA price started exactly at the 0.5 Fibonacci retracement; that is to say at 156.32.USD. It was stopped exactly at 0.236 (223.62 USD). There is a big resistance line at 201USD tested 4 times in Weekly price delivery, I do not think that this line will be broken by mid-week, otherwise there will still be immediately behind the Fibonacci retracement of 198USD. You can use this price as THE STOP LOSS. And if this line is broken (of course, I hope you are out), you will get a new entry at the 0.5 retracement, (177 USD). When the price reaches 223 USD again, you make a margin of 23% again. Good luck to all and forge a Stoic mentality.
201USD is a big Weekly support line, according to backtesting, SOLANA will try to break this support line several times and will deliver its price of the week around 198USD to 203USD. So, there will be a big Range until the end of the week. The 198 USD is the Fibonacci retracement. $SOL If you have a long position, the STOP Loss must be placed here. I don't think that whales will risk liquidating their position less below these 2 big supports because it took 5 months to build this rise.