With the exemption of a few selected cryptocurrencies in the green on Friday, the entire cryptocurrency market continued to wade in deep-sea waters, unable to stay afloat. Solana’s downside potential was impossible to contain at $150 and $144, resulting in another flash drop below $140. Meanwhile, TRON had slipped below $0.07 bringing the accrued weekly losses to...
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00021).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. SOLBTC is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...
We are doing Analysis of SOL/BTC on 4hrs Timeframe .
I have Mention Support and resistance levels on Chart with trend line.
Note: This is only for Educational Purpose this is not an Investment advice.
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Anish kumar
Bearish divergence on the 1h. Needs a small healthy correction before it makes its way up. Watch these levels carefully. If broken down the green line - Stop loss.
