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
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.