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Had minimal sleep today, hence the sleepy voice but had to make a video today—we are seeing good momentum building up for
$SOL
coin, which could give us a decent buy entry here.
#SOLPriceAnalysis
More in-depth info is in the video—enjoy!
SOL Price
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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SOL
202.02
-3.97%
553
0
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$PENGU is hovering near the zone of liquidity, where sellers continue to show pressure. Despite that, our attention is on the bullish CME gap, which we intend to see filled. As soon as buyers reclaim the zone near $0.0295, we are going to look for further movement towards our buy entry. From there, we will have a solid trading setup once buyers manage to secure that area — and most likely, the price will move towards the bullish CME gap! #PENGUPriceAnalysis
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$ALGO has broken below the local support range that has been holding for weeks, and now we’re sitting in a pretty decisive zone. Here’s the setup: • If buyers manage to reclaim the support zone (around $0.24–0.245), then we’ll be looking for a proper bounce to the upside. • If they fail, the bearish CME gap around $0.22 is the next logical target, and that would open the door for another bounce zone for us. For now, we are simply observing whether this is a fakeout/liquidity sweep or a confirmed breakdown. Either way, risk management is key so that's why we have seen multiple entries that we are going to keep an eye on. #ALGOPriceAnalysis
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$ETC is back near the local support zone, which is giving us an opportunity for a long position, if all goes as planned. What we are looking to get here is the break of structure near $22.0, which would be our buy entry as well. Meanwhile, we just keep waiting... #ETCPriceAnalysis
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$ETH is back at 100 EMA, where buyers and sellers are fighting over the dominance of that zone. Despite price retesting the 100EMA once again, we are still bullish and we are still seeing a good bounce happening from here on. The current market shakeout has been pretty deep and considering the fact that we are entering the new monthly candle (September), the shakeout is logical here. #ETHPriceAnalysis
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$BTC had a smaller correction during the Asian session, where currently we are seeing a good liquidity reclaim, which is a sign of trend reversal. Now there is not much more that has changed since our previous view on the coin; the target remains the same, and the stop remains the same. #BTCPriceAnalysis
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