Is $86 SOL in the cards? Bull trap trap with a major correction?
A simple idea. Not financial advise, DYOR.
Will SOL retest $138? Try to get in the bullish zone of $160, fail and find bottom at $86?
Will SOL retest $138? Try to get in the bullish zone of $160, fail and find bottom at $86?
Nota
Looking good so far. Once BTC breaks down to $61-62K region, it will cascade very hard down, to find temporary support further down.Nota
If we find support in the $150-155, region and we push up towards $180-190. I may look to increase my bottom target.As PA develops so does my analysis.
Nota
We are on track! This game is all about patience. If you can avoid the BULL and BEAR traps, you are ahead of 95% of traders. Thought I would share something with you all.We are currently in a massive distribution phase as mentioned before, where holders are taking profits, and will continue to do so, causing a cascading correction, where we will finally bottom, and the accumulation process will start all over again to eventually break ATH and continue with the bull run.
Nota
I have a buy order at $78 (GBP pair). NFA. My price prediction bottom is somewhere between $86-77.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.