TradeTheory

Solana Bird Wing Shape Formation

Long
COINBASE:SOLUSD   Solana
Last weak I was very bearish about solana but a lot has happened in one week! The sellers pulled out and created a wild ride up to $32 for a brief amount of time (very low volume at that insane price) and since then price has come back to reasonable levels for me to start buying back into my position. Here is what I think is going to happen in the next month and "the plan"
* When the wing is fully drawn, the bird will take off into the sky.
* We might see 21-22.50 before the wing is fully drawn.
* Long order 1 24.56 30 sol executed
* Long order 2 23.47 91 sol executed
* Long order 3 (21-23 dip) not sure gonna load up a bit more at these levels.
* Long order 4 (20-22 dip)
Putting my cards on the table!
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