DewyCandles

SOLANA COULD BE VOLATILE THAN EXPECTED

Long
DewyCandles Updated   
BINANCE:SOLUSDT.P   SOL / TetherUS PERPETUAL CONTRACT

This is an update to the previous analysis (see previous analysis in the comment section for context).

This scenario suggest that unlike the previous analysis we might not be seeing price revisiting $52 in fact, price MUST not create new a new swing low but a short retracement to at least 50-78% Fibonacci level before going further up.

For this scenario, the invalidation level is stated clearly on the chart.

Now you should find the common ground and position yourself accordingly.
Comment:
PREVIOUS ANALYSIS: SOLUSDT

Comment:
I am revealing the shorter timeframe guide to this scenario. It is more like a zoom out to how price will unfold see next scenario on page.
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