Let's have a look at SOL and its current trading range.
I know a lot of you young traders are still hyped and enjoy trading SOL so I'll give you my take on it.
Personally, I've never had a stake in it and don't plan on getting any merely based on the fact that since its inception a hyped fueled and based crypto - BUT for the sake of trading let's have a look at the chart.
We are currently trading back towards the sellside liquidity sitting around 140$.
IF we fail to hold it expect some more pullback towards 120-100$.
IF we hold the 140$ sellside liquidity range (and BTC manages to reclaim 150K) expect SOL to aggressively retrace towards 216$.
As always PATIENCE...PLAN AND EXECUTE.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
I know a lot of you young traders are still hyped and enjoy trading SOL so I'll give you my take on it.
Personally, I've never had a stake in it and don't plan on getting any merely based on the fact that since its inception a hyped fueled and based crypto - BUT for the sake of trading let's have a look at the chart.
We are currently trading back towards the sellside liquidity sitting around 140$.
IF we fail to hold it expect some more pullback towards 120-100$.
IF we hold the 140$ sellside liquidity range (and BTC manages to reclaim 150K) expect SOL to aggressively retrace towards 216$.
As always PATIENCE...PLAN AND EXECUTE.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
Disclaimer
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.
Disclaimer
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.