CAREFUL GUYS! If this doesn't bounce here we're looking at a 33% drop!
Comment:
We could see a little upside first but the 160-170 area is especially dangerous for a rejection... it is possible maybe that we see a wick go a bit higher even to the $180 area but if it doesn't clear $180 AND MAINTAIN that level , IM LOOKING TO SHORT!
Comment:
Upon further analysis I'd say we are in a very unpredictable area in the market cycle right now and much of this pattern is going to depend on if BTC can hold its position or if it dumps... If BTC dumps then I would look for this pattern to play out but for now I'd say it is very RISKY either way!
Comment:
Looks like Solana has found good support at the $140 area! Good job bulls!