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SOL / TetherUS PERPETUAL CONTRACT

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SOLUSDT.P trade ideas

THIS IS SOLANA TETHERUS.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 wicks. Second HIGH @27.150 with small body and big wicks and got rejection from that area. LETS SEE IF ITS WORK'S OR NOT! CORRECT ME IF I'M WRONG!!!
Long
by VIJETEJBHIMRAOTAMBARE
Educational post Rising WedgeA Rising Wedge is a chart pattern in technical analysis that is formed when price moves in a diagonal upwards trend, with both trendlines converging. This pattern is considered bearish because it signals a potential reversal of the current uptrend. As the pattern progresses, the price movement becomes more and more confined, which often results in a downward breakout. This downward move signals a potential trend reversal, and traders often view it as a selling opportunity.
Education
by nawaab001
2
Solana Price Action AnalysisSolana Price Action Analysis The above chart of SOLUSDT laid out a falling wedge pattern.In a falling wedge pattern, both the upper trend line which connects the highs and the lower trend line which connects the lows converge downwards. The wedge pattern in general indicates a trend reversal. Especially, the falling wedge signals a bullish reversal. This pattern indicates a breakout in the price trend towards an upswing. From the above chart, we can interpret that the momentum of the downtrend is slowing down. Currently, SOLUSDT is in the range of $13.53. If the pattern continues, the price of SOLUSDT might reach the resistance levels of $14.50. If the trend reverses, then the price of SOLUSDT may fall to $12.60
Long
by TheNewsCrypto
Solana may reach $38 if rates are hiked by less than 0.75%.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. This election is crucial for the current government to secure a majority in the US Senate.
Long
by dhirendradas007
1