Cryptocurrency Pair Analysis: Evaluating SOL/USDT Across Multiple Timeframes (M5, M15, H1,H4 and DAY1) on "{{18-Jan-2024}}"

in hive-119463 •  last year 

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Cryptocurrency Pair Analysis by @danish578

I want to clarify that I am not assuming responsibility for anyone here, and this is not a signal. I am simply sharing my market perspective.

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Assalam Alaikum hope all will be well I am Danish Karim and I am going to share with you guys again SOLUSDT analysis in multi time frame.

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SOLUSDT

Multiple Timeframe Analysis

M5, M15, H1, H4,Day1

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M5

Let's talk about M5 time frame, SOLUSDT is in selling trend in M5 time frame, the market has already taken the Inducement level, the market low has been confirmed, now what is it, what do we do? Will sell. They will do it with their Etreme POI and our target will be our critical low of the M5 that we will target and we need confirmation on that.

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M15

Now let's talk about M15 time frame of SOLUSDT, Sol USDT is in all selling trend in M15 time frame and we will wait for clearing any encouragement level and single candle. After receiving the order block, I have marked Etreme POI on it, go to the Etreme POI market and confirm the sale to us there, we will sell from there and our target M15 main low will be the same. But we will either book a partial profit somewhere in between or set our stop loss at the entry point which we call break even.

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H1

Now let's talk about SOLUSDT which is the crypto pair in H1 time frame Sol USDT is in all bullish trend and as I mentioned in previous blog also in previous analysis. I also mentioned that we can buy with our Unmitigated wigs when the market runs out of liquidity and then we will execute our buy entry with these mitigated wigs and our significant high Tp. If you target then the same situation is happening in the market, the market has moved higher from the volatile wig and the market target will be the main high and we will go to it and book our TP, but let's book something. will Partial below. Or we can now shift our stop loss entry point.

TradingView_Screenshot_1704785501166.jpg

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H4

Now let's talk about the H4 time frame. In the H4 time frame, the market is full, but the extreme POI of the market is quite low, so we wait for what is above our previous high. If we find a single candle order block, then above is a zone symbol that is already created from a single candle order block. We will then execute our sell entry from there and place our TP which is the extreme POI of H4. We will buy after confirmation from Xtreme and keep our TP as our central height which is still built.

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Day1

Now let's talk about Day 1 According to day 1 SOLUSDT also in uptrend But still our higher high is not confirmed because inducement level is not grabbed yet so we should need to wait for idm level grab we have two opportunity for buy once after sweep of inducement level and Appearance of SCOB then MITEGATION of scob Will be our entry after confirmation . but if not then we will go for extreme poi Amd after MITEGATION of extreme poi we need confirmation for buy as per our rule then out tp will be last high as i mentioned in chart.

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Thank you for visiting my post

Analyzed by@danish578
SourceTrading view
PairsSOL/USDT
CommunityAccount Booster
Beneficiaries25% @null
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