On 4H as you see after every BOS I marked an POI to captured a good trade. As you see second POI is Mitigate with BIG RED CANDLES. Now it's time for long 1:3 If I booked with loss means if I exit market after touched of SL or price crossed my SL and went DOWN then there is my first POI which I already created.
First HIGH @26.869 with small body and big...
Solana may cross $34 and reach $38 if interest rates are hiked by 0.75% or lower. This low rate hike seems to be the probable case because of upcoming mid term elections. The Democrats in the USA are sitting on wafer thin majority in the Senate where out of 100 seats, Republicans own 50, Democrats own 48, the independents who are supporting democrats own 2 seats....
SOLANA (SOL) is indicating another 10-15% fall towards 64.18-60.56 from around 69.42-70.81 Range.
Possibility will get negated if SOL closes a complete 5 minutes candle above 70.81.
This Analysis and Trade Setup is based on 38% Retracement Breakout Trading Strategy.
Upon observing we can count five waves up from the inception and a corrective fall forming LL LH from the top. The recent price action suggests that the correction is completed and the crypto is ready to move into the strongest phase of the cycle. If our assumption is correction then the low of 75 is going to be intact and the crypto will be moving up higher in...
#-The Analysis is based on personal Knowledge of technical analysis , Please Do Not Take It as a Financial Advice, And Always Do Your Own Research.
#1 Solana Just Gained New ATH 219. 05 $.
#2 Solana Is now moving in an ascending parallel channel .
#3 Three Important Supports are:-
Support 1 = Around 152 $
Support 2 = Around 180 $
Support 3( Or may be resistance...
FTX:SOLUSD
Can give good move on either side.
Simple trade setup is mentioned on chart.
Please refer below charts.
If we apply FIB RETRACEMENT on recent uptrend then we can see that it took good support from 61.8% level range.
#-The Analysis is based on personal Knowledge of technical analysis , Please Do Not Take It as a Financial Advice, And Always Do Your Own Research.
#1 Solana Just Gained New ATH 219.05 $.
#2 Solana Is now moving in an ascending parallel channel.
#3 Three Important Supports are:-
Support 1 = Around 152 $
...
![SOLUSD: Simple Trade Setup | SOLANA | POSITIONAL [crypto]](https://s3.tradingview.com/w/wRMhtUCV_mid.png "Simple Trade Setup | SOLANA | POSITIONAL [crypto]")
