Solana appears to be forming a pennant, indicates a big move in November, no idea which way, but I would lean towards the bullish side.
Might do a put protected long trade, I don't trust cryptos enough not to use protection, lol. This will probably coincide with BTC daily MFI going oversold because cryptos tend to move together. (See my BTC plot)
Might do a put protected long trade, I don't trust cryptos enough not to use protection, lol. This will probably coincide with BTC daily MFI going oversold because cryptos tend to move together. (See my BTC plot)
Note
Another possibility is November SOLZ calls, all or nothing trade. Could probably make money doing a straddle if you want the safe play.Order cancelled
So much for that idea, cryptos got TRumped today
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.