SOLANA, back to $200? 🚀The cryptocurrency market has undergone a major correction since BTC's new ATH on March 14. BTC has corrected by around 20% and SOLANA by 25%.
This makes it very difficult to position oneself in such a volatile and, above all, dangerous market.
Solana seems to be offering us a nice setup in the FBO (flow-block-OTE) strategy, having reacted yesterday morning on an Order Block at M30 present in its OTE, and bounced back upwards. Has it found its bottom?
We'll be keeping a close eye on this afternoon's economic announcements and on this week's Bitcoin price, with a view to buying.
Feel free to post a comment to let me know what you think, as well as a boost on this post if you enjoyed my analysis!
Have a great weekend! Happy trading :)