SOL / TetherUS
롱
업데이트됨

$SOL TO $20 OR $40 NEXT?

285
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 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
노트
Major Buy-Side liquidity* not major Sell side liquidity

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