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InkyGrip
May 16, 2022 6:36 AM

SOLUSDT is inside an ascending channel  Short

SOL / TetherUSBinance

Description

The price tested the 0.618 Fibonacci level on 57 $ and now the market is trying to hold the support on 53$.

The price is inside an ascending channel.
How we can approach?
IF the price is going to lose the support and retest it as new resistance, According to Plancton's strategy, we can set a nice order
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Keep in mind.
  • 🟣 Purple structure -> Monthly structure.
  • 🔴 Red structure -> Weekly structure.
  • 🔵 Blue structure -> Daily structure.
  • 🟡 Yellow structure -> 4h structure.

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Follow the Shrimp 🦐

Comment

I'm waiting for the rejection

Comment

The price is testing the support as I told you.
Let's see!

Comment

The price is following my drawing, more if the price is going to lose the support.
9% so far 🎯

Congrats Planctoners

Comment

The price is following my drawing, the market retested the previous 4h support as new resistance and satisfied our MTB and CPS strategies.

Comment

25% as expected

Comment

so far so good. 25%

Comment

A perfect MTB here, 25% so far.
We could see a new bearish impulse until the demand zone on 38$
congrats Students!
Comments
Solldy
This is probably the best publication on this asset in the current market sentiment + I've seen a couple of news that would also support this idea. It would be interesting to know in what order you parse the asset for this idea
InkyGrip
@Solldy, excellent
KlejdiCuni
BTC is holding all of them down.
InkyGrip
@KlejdiCuni, correct overview
UnknownUnicorn15614419
Amazing TA
InkyGrip
@TradingStat, thanks mate
DeGRAM
Thank you for sharing.
InkyGrip
@DeGRAM, you are welcome
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