CryptoSlayerFX

TLDR NoteSkip down to the word “Disclaimer” if you'd like to start with the TA commentary first.PSA for My Beloved TradingView Family:Plan Your Trades… Before You Make Your TradesI know it sounds cliché. It sounds elementary. And you might as well say it because you’re thinking it:“Damn, he's right.”Look, I get it. Do you think it’s easy walking around this small Midwestern town with my massive head blocking the sunrays for everyone within a five-mile radius? No. It’s frickin' hard. But someone has to do it — and they gave me the only hat in town that’s ever fit me in my decades of existence.So here we are. Play the cards as they lie, right?Shoutout to a TradingView Legend: LuxAlgoOn a more serious note, let’s take a moment to thank a truly special member of our community: LuxAlgo.Without further ado… give a round of applause to this legend for his Liquidity Pools indicator. This guy has more hits with Pine Script execution than Michael Jackson had top-ten bangers in his career.Check out his work here:• LuxAlgo TView• LuxAlgo WebsiteLuxAlgo isn’t just prolific — he’s good. He creates indicators, strategies, and ideas like he’s on a countdown to getting locked up for it. He explains things so clearly that even if I hadn’t used one of his indicators, I’d still hold him in high regard.Let’s give each other the flowers we deserve. Who knows, you could be next.Disclaimer:Quoting LuxAlgo and adding my commentary on Solana vs. the seller's liquidity pool.Technical Analysis: Solana & Liquidity PoolsLuxAlgo describes the Liquidity Pools indicator as follows:"The Liquidity Pools indicator identifies and displays estimated liquidity pools on the chart by analyzing high and low wicked price areas, along with the amount and frequency of visits to each zone."Key Observations:• Since November 5th, SOL has seen major support at $200. This level is evident on the charts, no further explanation needed — but feel free to ask if you’re curious.• The $300 level acted as significant resistance/support (I forgot to paint them red, but it worked out).By the 16th, SOL moved into the $250 zone. No Fibonacci here — just good old-fashioned price action analysis, clocking in around 150 hours of watching the charts.Why Liquidity Pools Matter:As LuxAlgo puts it:"Liquidity Pools are areas where smaller participants are likely to place stop-limit orders. These zones attract institutional traders who use the pending orders as liquidity to enter larger positions."Translation: Stop-hunting Zones. Understanding this gives you an edge. The more we recognize these practices, the less vulnerable we become.Support and Resistance Zones for SOL:1. $200: Strong support — SOL hasn't needed to re-test this level yet.2. $220-$230: Good support until 11/26.3. $240-$250: Key levels where SOL cleaned each major price level on the first attempt.How LuxAlgo’s Indicator Works"The Liquidity Pools indicator revolves around three parameters" - Lux 1. Zone Contact Amount:○ Defines how many times a zone must interact with the price to be marked as a liquidity pool.2. Bars Required Between Each Contact:○ Adds a buffer (e.g., 2 bars) to avoid consecutive candles skewing the results.3. Confirmation Bars:○ Waits a specified number of bars after the zone meets the criteria to confirm its validity.In layman’s terms: SOL established a new range when it broke out past $220-$225, forming a new floor and ceiling structure.ConclusionThroughout this analysis, I’ve likened price action to a fight. Because, in essence, that’s what it is — a battle between buyers and sellers. Armed with tools like LuxAlgo’s Liquidity Pools indicator and war chests more. You can step into the ring prepared, aware, and ready to fight smarter.Let me know what you think or if you'd like any further edits!CryptoSlayerFX - X@Dodgelon_Musk - Telenot sure how I flubbed up the formatting so much on the last part but it is too late to editWith increased liquidity pools on the sell side I feel even stronger about this analysis nowactually the liquidity pool at the ltf swing high and low are in favor of the sell side. How long can the sell side hold up with this much resilience from buyers?

Never thought I'd say this but PEPE is looking good from a TA POV. Hard to deny the price action PEPE has been moving through resistance and holding on support beautifully. Try not to FOMO in on green candles there should be a retracement, use the fib for a guide. My guess is over $0.00003 soonVolume is healthy. There are some beautiful candles with tails on the daily and hourlyDont fomo, plan your risk, good luckWhat Are Fibonacci Retracement Levels? Fibonacci retracement levels are prices, depicted as horizontal lines on a chart, that indicate where support or resistance could likely to occur. Each price level is associated with a percentage amount that measures how much of a retracement has occurred from a prior peak in the price action. The retracement amounts are based on numbers identified in a Fibonacci sequence. The Fibonacci retracement levels are 23.6%, 38.2%, 61.8%, and 78.6%. While not officially a Fibonacci ratio, 50% is also used. The indicator is useful because it can be drawn between any two significant price points, such as a high and a low. The indicator will then create the levels between those two points. source: investopedia.com/terms/f/fibonacciretracement.aspFOR YOU YOUNG FELLAS WHO "YEARN FOR THE CHARTS" please keep this in mind... All fib tools are not created equal nor are they intended to be necessarily used the same way as their counterparts. In this case I am referring to Fib retracement vs fib extension. I AM REFERING TO FIB EXTENSION VS FIB RETRACEMENT , THEY ARE NOT THE SAME. While all of the fib tools and thought processes around them might be in "the same game" at their core... In reality they are not even in the same ball park. It is important to know this whether you are in the analyst game, trader game , or both. I could, in fact write a whole piece about this topic. We play in a game of inches or less, that is exactly how small the edge is even for top tier practitioners. Yeah, I get it, charts look cool, trend lines and colors that pop make charts look even cooler. Please keep a sobering thought process at the core of your approach to analyzing and trading. It is childishly easy to let a few hot streaks get to your head and have you thinking that price action follows you and your arsenal of tools for analysis.... and not the other way around. We are the "news reporters", not the "news makers". This may force you to have to think beyond jargon and self serving "shop talk" every once in a while. I am 100% here for everyone getting their flowers. You have to remember that some man, woman, or even child , in some cases, might see your work and make real financial decisions based on what you published. They deserve a fair shake in the markets too, so it is my belief that we owe it to the public , and to ourselves, to truly understand what we are presenting in our work, AT MINIMUM, on a higher than average level. This isn't a white knight rant either, hear me out. If the majority of us approach our TA work that way, it is most certainly going to be mutually beneficial. Wins and loses come a dime a dozen. So let's put the time and effort into our, very public, work so that we have a trophy case full of knowledge and skills that can be passed on to future generations. As opposed to a case full of ego boosting wins and trophies that only benefit the top of the top when it comes to this game that we love. Cheers.

Want to keep this short because I am working a lot of different coins right now. Also, the work is on the chart. I've marked the relevant price levels for resistance and support and included a fib analysis for a price target.Try and get in on a red candle on a little draw back so you don't experience death by stop hunt. Good luck Lads.