Helical_Trades

SOL/USDT : Possible Entries in any case of drop !

Short
BINANCE:SOLUSDT   SOL / TetherUS
SOLUSDT
Hello everyone 😃
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I'm going to search for possible directions and opportunities into the lower supports and we approach the possibility of drop below $20K.
So; The ideas are based on the rejection of $52K and breaking $29K on $BTC, In any other case I won't use this analysis to spot the possible entries.

There're two spots that I'm looking for SHORTs on $BTC; $46500 and $51000. Based on the mentioned levels I'm going to analyze my $SOL's chart !

There's an opportunity for $SOL to pullback above $100 and more at the current support zone into LTF charts :
But so, In this case; We'll search for our SHORT entries into $120 - $130's resistance zone and from macro view; Aimed target for mid-term should be $65.
- In any case of break below $85 before a retest into $120's resistance, You have to sell out your bags and aim for $65.

For further rejection we need that break below $65 which makes us this opportunity to set our buy limits on the mentioned levels at $30 and $20 !

📑 Conclusion :
- There're two levels to watch for :
- $85; Any rejection below will lead the pair into $65's Demand zone.
- $95; Any pullback above will lead the pair into $120's Supply zone.

Also there're two main zones to watch for macro movement :
- $120; Any rejection from this level will lead the pair into $65's Demand.
- $65; Any rejection from this level will lead the pair into $30's support lines..

🔴 Unfortunately analyzing the crypto pairs before any major movement's confirmation is more risky with less success rate; So I would be pleased to play the chart with more carefulness !

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@Helical_Trades

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