SOL / TetherUS
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Atualizado

SOL reaching next support level and might come down with BTC

There is a lot of support around $19.40 and Solana is very fast approaching this target.

Bitcoin had a death cross this week, traditionally this means a small pump followed by a strong correction. We are also approaching the end of the death cross pump.

Solana is following the pump now, but there is a wall at $19.40 so traders will take profit around that amount and retreat as soon as they see #bitcoin coming down.

There is a very small support line at $17.50 but I am not sure it will be enough, it really depends how fast BTC will be going down.
Trade ativo
We seem to have reached the top of the zone, we went higher than expected, but we should be heading down from here.

I have a SL at $20.63 and I will look to take 50% profit from $17.67 and the rest around $16.31
Nota
The stop loss was triggered, I still think we will go back down ... just not now.
Trade fechado: stop atingido

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