We have witnessed a huge dump in the price of 
SOL after Alameda sold off their $SOL. This has certainly shaken the market. In my previous analysis (link is attached to this analysis) I explained my confluences as to why I am bullish on SOL in this last Quarter of 2022. My bias remains unchanged since the dump was due to a firm selling off their SOL to rescue their investment in 
FTT .
If you look at currentSOL analysis you will see that price has raided the major Sell-Side Liquidity. I can see no further reason for price to drop further from a Price Action point of view. In my opinion, this is the best time to accumulate SOL on Spot market and low leverage trades. Use proper Risk Management.
N.B: This is for Educational purposes and Not Financial Advice.
With this said, Happy Trading Pals
SOL after Alameda sold off their $SOL. This has certainly shaken the market. In my previous analysis (link is attached to this analysis) I explained my confluences as to why I am bullish on SOL in this last Quarter of 2022. My bias remains unchanged since the dump was due to a firm selling off their SOL to rescue their investment in FTT . If you look at current
SOL analysis you will see that price has raided the major Sell-Side Liquidity. I can see no further reason for price to drop further from a Price Action point of view. In my opinion, this is the best time to accumulate SOL on Spot market and low leverage trades. Use proper Risk Management.N.B: This is for Educational purposes and Not Financial Advice.
With this said, Happy Trading Pals
Nota
Major Buy-Side liquidity* not major Sell side liquidity
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Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.