#SOL🔥🔥 IS SOLANA STILL FOLLOWING THE PLAN (MA 26) BASED ON A 4H CANDLE?
The trigger was supposed to be last night around 4H (CMT FRANCE), but as we are at the end of the week, the pattern has transformed into a Double structure where the market will simply deliver the "PRICE WEEKLY": 237 USD.
Is the strategy still relevant?
- It all started with an ascending Triangle, then a consolidation is underway where the market will simply stay in this channel of 233 USD and 242 USD while waiting for a new cycle tonight.
As long as it does not go down the 233 USD support, there is nothing to fear, it will not go up immediately either.
So what's next?
The rise is therefore for tonight (with a high chance) for all markets #BTC #ETH and the #Altcoins" but be careful, a MONDAY LOW can also trap people.
MONDAY LOW = Strong drop on MONDAY, Invalidation TUESDAY with a big dump for 48H, profit taking WEDNESDAY or THURSDAY and exit FRIDAY.
What do you think my #followers of this analysis, Am I right. What do you see?
I am analyzing. First observation, when I look at the candles one week, the delivery price is on 238 USD and the new week starts at midnight - France time
$SOL it is not a prophecy, nor a crystal ball reading, or vision in the coffee grounds, it is mathematical, it is logarithmic Trading. If there is no fundamental, neither macroeconomic nor geopolitical, it is right away.
Following my technical analysis on SOLANA yesterday with more than 100K views, I am providing a final update today, on the eve of the end of the MA 26 loop (26-bar cycles).
The ascending triangle (Bullish Variant) has transformed into an Isosceles Triangle (Bearich Variant).
How I analyze this: If at the end of this last candle that has just appeared now (2 p.m. - CMT France) therefore around 5 p.m., we break the resistance (Black Line) the market is BULLISH.
On the other hand, if the market breaks the oblique support (White Line), expect a new fall.
You really have to look at the 4-hour candle and wait until the end of the candle to make a decision (i.e. - a new 4-hour candle begins).
It's there and now that it's happening!!!!
Anyway, never panic in trading, we are only at the beginning of the BULLRUN phase.
You need a crystal ball to know this. We are only at the beginning of the BullMarket phase. What is certain is that crypto follows a cyclical market every 4 years. With each big increase, you should expect between 15 and 20% correction, otherwise set yourself a % of exit gain
LIVE
Mandresy7783
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no not yet, today is called "MONDAY LOW", according to my analysis it will go down to 221 USD, minimum but can go up to 208 USD, see 201 USD
$SOL Hello everyone, it's been a while since I posted on SOLANA. For those who have just read my post, I only analyze SOLANA and only in 4-hour candles. I will now reveal why.
WHY SOLANA ONLY OBEDIES IN 4-HOUR CANDLES
SOLANA obeys exactly the 4-hour movements and the 26-bar arithmetic moving averages (MA 26) or a cycle of 4 days and 8 hours. SOLANA has only done this since the beginning of the BULLRUN and it follows this logic of MA26 cycle.
On 11/17 - at midnight (French time) SOLANA began its first rise followed by a consolidation. It ended on 11/21 at 8 a.m.
A new rise then came and touched the ATH.
I draw a new FIBONACCI retracement at the starting point of the BULLRUN - at Point 0 at 185 USD.
It takes exactly 2 times 4 days and 8 hours (2 x 26 bars) for it to reach the first retracement mentioned above. (11/17 at midnight at 215.56USD
Arrived at the ATH, it is sure and certain that this MA26 logic is stopped. The correction is predictable at 18% according to my posts (you can reread my posts). A first wave arrives on a cycle of 26 bars and stops exactly 11/26 at 12 noon.
Those who bought here were trapped because a correction always touches a retracement support. And here, it is 0.236 (it was necessary to sell at 245 to catch up with the price at 215.56 USD on 12/03 at 12 noon (CMT France)
Latest analysis: Since 11/27 to today, still in 4 hours, an ascending triangle figure is in progress leading to an arrival at 253 USD on 12/08.
According to all this: TAKE PROFIT: 265 USD STOP LOSS 212 USD
Here are the details: (small update 07/12 at 9am CMT France) in the Chart pattern of the day but the plan remains the same.
I am 120% confident.#BTCis already in the green in 4h candle. And there, we catch up with the support of 250USD. we must look at the end of this candle.
FYI and as a reminder to newbies, I only look at 4h candles. So, I don't panic if I see big movements in the 1h or 15mn candles.
LIVE
Mandresy7783
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$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
$SOL Here is my analysis for the next few days based on backtesting on SOLANA: - Those who have followed me so far have understood from my last post that the correction will not come if at the first drop (22/11 - 5pm), it does not break the support 251 USD. - Range period therefore until Monday 25/11 where we will test several times to break the Fibonacci retracement 0.5 - the resistance of 264 USD - Last increase before the Pullback the night of 25/11 to 26/11 (GMT +1 time) - Last chance to exit on 26/11 at 3:30pm (GMT +1) First big Bullrun Correction -17.14% to come back to get the price around 231 USD
you can't without leverage Even MEMECOINS can go up x500 in 1 day and immediately go down to the initial point 2 or 3 days later unless you have a crystal ball
LIVE
oye trader
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Bullish
I have 100$ 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
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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.