Greetings to all 😊
Many people in their personal messages asked about the possible further movement of the SOL coin, after it reached the previously designated goals (see the last review)
💡 I can say one thing: while the asset is trading under the important level of $189.31, it is not worth considering purchases for a long time, since the context is short
◾️ The global picture looks like this: we have a 12M chart that shows the reaction from the zone of interest and the price moving below the support level
◾️ I would like to note that we also have the min of last year, which has accumulated liquidity - 79$
⚡️ All timeframes are in a descending structure
▫️ If the price does not recover its values > 180$ this month, then I will expect a decrease to low (79$)
▫️ on the chart of the month , the price is trading sideways
▫️ We have removed the nearest liquidity on the weekly chart and are showing a corrective movement
▫️ On the daily timeframe, the price came to trend support and is trading sideways
Here we are interested in two zones between which the price is squeezed:
resistance of $ 145 - $ 151
and support of $133.74 - $ 137.76
📌 While the price is in uncertainty between sellers and buyers, it is better to wait for the manifestation of one side and then make a decision.
📍 And remember: not every deal is your deal.
Good luck to all ☘️
Many people in their personal messages asked about the possible further movement of the SOL coin, after it reached the previously designated goals (see the last review)
💡 I can say one thing: while the asset is trading under the important level of $189.31, it is not worth considering purchases for a long time, since the context is short
◾️ The global picture looks like this: we have a 12M chart that shows the reaction from the zone of interest and the price moving below the support level
◾️ I would like to note that we also have the min of last year, which has accumulated liquidity - 79$
⚡️ All timeframes are in a descending structure
▫️ If the price does not recover its values > 180$ this month, then I will expect a decrease to low (79$)
▫️ on the chart of the month , the price is trading sideways
▫️ We have removed the nearest liquidity on the weekly chart and are showing a corrective movement
▫️ On the daily timeframe, the price came to trend support and is trading sideways
Here we are interested in two zones between which the price is squeezed:
resistance of $ 145 - $ 151
and support of $133.74 - $ 137.76
📌 While the price is in uncertainty between sellers and buyers, it is better to wait for the manifestation of one side and then make a decision.
📍 And remember: not every deal is your deal.
Good luck to all ☘️
Zlecenie aktywne
nearest bus stop 95$Transakcja zamknięta: osiągnięto wyznaczony cel
The price has reached its target and the deal is closed
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Powiązane publikacje
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.