jocull

Scare bars abound. The paper tigers are out

Long
jocull Updated   
COINBASE:SOLUSD   Solana
Volume and pressure looks like a bottom to me. After a long trend down, it feels like it’s time to pop back again in a big way.

When we pop out of stddev x 2 on volume, buyers and sellers are very active. Price is having a hard time moving down as they fill large positions for the markup phase. The sellers are panicking and pushing into big money’s hands.
Trade closed manually:
After the rally today (17% for the day at the moment!) I exited this position in the around 150.5. We'll see what happens next
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