#SOLANA was our trade of the day yesterday due to it netting a tickle under 70% gains in just 1 month! We've got a Short signal from Crypto Tipster v2 now..
Looks like #SOLUSD has once again been rejected by this upper trend line which would indicate a bearish move to the next level of support.
The great thing about this #SOLANAUSD Short trade, there isn't much...
SOLANA is CLEARLY selling off.
I took advantage of the fact that it has broken structure on the 30 min TF, with supply being respected, as SOLANA continues its attempt to respect demand.
PL ratio is a juicy 29.5, with my explanation being the fact that there is plenty imbalance to chase towards demand.
Please trade safely.
With the looming uncertainty in the whole crypto market, and the dollar interest rate hikes investors are suggested in looking into short selling.
The above SOLUSD graph on 1 hour candle-stick chart shows classic bearish pattern.
$sol looks like every other alt out there. ran up to resistance and failed multiple times.
like everything else, looks destined to revisit the bottom.
$30 bottom ticker target.
As we can see in this wedge (3 push) we have an exhaustion bullish rally which gives me a hint about the correction as well as an imperfect double top (DBs are rarely perfect).
Predicting it will see lower prices!
NFA
Very simple ... Very clear
The price has reached the demand area and a support range, and also the price has reached the bottom of the uptrend channel.
This is my personal opinion. Please do not trade based on my analysis and data.
This is my idea in SOLUSDT and how it will go in next week. Looks like SOLANA forming a beautiful Rising Wedge Pattern. SOLANA has the potential to go up to 61 but it is not sure. Closing below 50 will be confirmation of short. Our final take profit price will 26.
Hi guys , I think it is on the bottom of its own channel and the purchase position can be considered in it.
#Sol
#SOLUSDT
Spot( Midterm)🌟
Enter :154$/159$
Target : 174$/188$
Open Target : 207$/241$/
Stop loss : 153$
2021/10/09
00/07/17
