* Solana is on the double top now
* $26.60 was previous structure resistance with the two legs of the current double top
* Correction to next 61.8% fib at $14 to $15 will be next opportunity to be involved in LONG position ALSO is set on the previous source support on the green rectangle
* RSI is in the overbought zone and a negative divergence with price is setting over there
* If i found a 2618 trade, i ill update you all
Have a good day :)
* $26.60 was previous structure resistance with the two legs of the current double top
* Correction to next 61.8% fib at $14 to $15 will be next opportunity to be involved in LONG position ALSO is set on the previous source support on the green rectangle
* RSI is in the overbought zone and a negative divergence with price is setting over there
* If i found a 2618 trade, i ill update you all
Have a good day :)
Comment:
Two levels of getting LONG in has been activated in 23.6% and 38% fibs
Congratulation for traders whom has been involved in this trade
N.B a trend continuation is valid when breaking the previous structure resistance at $27
Also fibs buying level still valid to buy if the price rejected back to those levels or any one of them
Remember . . . Plan your trade and trade your plan :)
Congratulation for traders whom has been involved in this trade
N.B a trend continuation is valid when breaking the previous structure resistance at $27
Also fibs buying level still valid to buy if the price rejected back to those levels or any one of them
Remember . . . Plan your trade and trade your plan :)
Comment:
Trade is still valid with a triple top even after those 5 months :)
My point of view it to wait and buy in 61.8% fib zone