SOL/USDT – ULTIMATE user friendly SOLANA chart for BINANCE:SOLUSDT by HONEYITSGONE

HONEYITSGONE with The ULTIMATE SOLANA chart with entry/ levels to keep an eye on. This user-friendly chart helps you better understand the market conditions. This chart is long-term, and one can always refer to it as long as the volume metrics make sense or until I update it. Please leave a like comment and follow. Also, if you have time take a look at my profile, most recent Ethereum , and previous Solana Idea is linked below I appreciate any feedback. I stayed up late scoping data, so I hope you ENJOY it!

This chart contains Data points, and I built ranges based on them. Check MACD yellow box volume profile ranges show us bottom type volume . Note the data is relevant because it suggests reversals in downtrends, and we have seen all the confirmations required to continue on-trend. That said, further downside is imminent unless Strong Volume enters.

This chart makes up five ranges—further detail on how to enter ranges using DCA is shown on the chart. RSI oversold but can stay that way for a while.

DCA into “support range worth an entry attempt” (Red rectangle ) and “Long Leverage Liquidity Wipe Range”(orange rectangle ) for better odds.

Don’t forget when the price break above a range, the top of the range(resistance) becomes support. If the price breaks below a range, the support turns into resistance.

When entering markets, I often like to purchase at the range lows(prices towards the bottom of a range). If you don’t understand how to approach the scenario, the DCA (Dollar Cost Average) strategy is phenomenal. DCA is when you spread your funds across all price levels and is the most effective because, ultimately, no one KNOWS where the price can go. For example, if the price falls or goes up to $10 or $100, using the DCA strategy will allow the investor to average in (buy at all or specific price levels).

Crypto is an emerging market and tends to have a strong macro during inflationary periods. The corrections are hefty, and one should avoid emotion and buy good cheap projects if possible.

I hope you enjoy this chart. Leave a like and follow for more content.

Best Wishes

HONEYITSGONE!