The price action of SOL indicates that it’s likely to take off.
Beta plays are the things to bet on once Solana starts moving. I’d look at coins like RAY, JUP, and JTO.
The weekly trend is confirmed, but it's lacking a bit of momentum for the monthly. I still think the bet is worth it here and on a retrace into the gray area on the chart—if it actually gives that retrace.
Overall, it’s a super constructive chart.
トレード稼働中
I’m seeing entries in RAY. It’s time to take action while also exercising patience.
If it reaches $1.6, those will be my final entries. Now, I just need to watch for SOL to start its trend so that everything moves in the direction I’m anticipating. Let’s go for it!
トレード稼働中
Last bids have been filled! I’m looking for no closes below the gray box; otherwise, I’ll exit the trade. Let’s see how it holds up!
トレード稼働中
It looks like we’re seeing a normal retest on the weekly timeframe after hitting that reclaim level. Did it go lower than expected? Not really. I was aiming for the lower end of the range, which was the extreme, and I ended up getting it.
Now it’s all about focusing on the weekly close. If it closes below this level, we might be in for either more chop or a downward move. Let’s keep an eye on it! 📈
ノート
No follow-through on that candle's low, which feels like a good sign. It seems safe to hold and just wait it out. This might even be the bottom before the next impulse kicks in!
ノート
Still trying to break away from the entry point.
I just need SOL to enter a trending environment for this to start moving.
I’ll hold regardless, as I believe it will make great moves once everything aligns.
ノート
Nice consolidation. One more push and a reclaim of the gray block, and things will start to point upward.