Obv the squiggles won’t be 1:1 Bulls need to hold 9.1 and bears need to keep price below 15.1.
I am bearish on $SOL because I have seen this pattern play out before, trend => consolidation => trend. I see 15.1 as a good price to short simply because it is very crucial level for bears to hold / key level.
I do not have an exact name for said pattern but when...
We are basically ranging between ~17500 and ~15900. I cannot predict the direction of where $BTC breakout, but I believe that being on the wrong side will not be pretty at all. Winners will print massive.
Of course, that's just my speculation at the end of day. What are your thoughts on this, fellow traders?
