Hey friends, the last past weeks haven been crazy - $LUNA hit, Bear-market confirmed, ongoing European crisis... a real s*-show. And what now? Where do we bottom? What are catalysts to bottom and finally start the reversal? How long will it take? A lot of questions and a lot of answers.. but who is right (and who is wrong..)?
I don't have the answer, but Im using demand&supply zones to build an idea... and try to anticipate how the market will react (I guess like many others ;-)
In terms of $SOL, its just crazy how much we retracted (is it??) - What is clear to me, is that we are not at the bottom but we are not too far! Buying into bigger caps at heavy discounted price (well can we call this discount... anyways I guess u get my point) has been one of the most rewarding approach for the last 8 years... and I continue to do so.
That was a long intro.. for a short to the point question ... what do you think is a fair bottom for $SOL?
Hit the comments!!
Thanks, staysafe
I don't have the answer, but Im using demand&supply zones to build an idea... and try to anticipate how the market will react (I guess like many others ;-)
In terms of $SOL, its just crazy how much we retracted (is it??) - What is clear to me, is that we are not at the bottom but we are not too far! Buying into bigger caps at heavy discounted price (well can we call this discount... anyways I guess u get my point) has been one of the most rewarding approach for the last 8 years... and I continue to do so.
That was a long intro.. for a short to the point question ... what do you think is a fair bottom for $SOL?
Hit the comments!!
Thanks, staysafe