I am expecting a puncture of the annual triangle till white line, 41$ (approx)
Final target is red brick, around 2,5$.
Don't have an idea what will happen with Solana, but we know that there were some incidents.
Last year Solana hiked from 8$ to 32$ but i can't see growing interest.
I am seeing only many reports that whales are investing in it, made to confuse us.
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I will watch for it and will update idea when i go into short position at the terminal.
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Everything is going by plan
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Some people got rekt, but we should do risk management. My liquidation point was at 75$. I was also worried to see how Solana picked stop losses up till 46.9$. In a hour she losted 10%. This is too much. Something is wrong with her, like i wrote before. Then for us it will just be shadows on the chart with weekly close around calculated target.
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Bulls are too uncertain. But despite that, I still have a few short stakes above $44, I bet the dive will be soon
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As expected, after testing zone above 44, activated my limit orders the bulls got rekt by the bears
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None of us knows how greedy will be market maker, when he runs out of depo.
Target came higher then my Approximate 41. But my idea was't made on peak, and i've noted that. On peak you must wait confirmation. I am showing mechanics. Now i am better seeing the path, then it was able to see on 25th of October what will happen in My opinion, and i am staying on same. You will never catch the peaks if you have a big risky depo, note the risk management.
Target came higher then my Approximate 41. But my idea was't made on peak, and i've noted that. On peak you must wait confirmation. I am showing mechanics. Now i am better seeing the path, then it was able to see on 25th of October what will happen in My opinion, and i am staying on same. You will never catch the peaks if you have a big risky depo, note the risk management.
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New ATH 2025-2026, i am guessing that is why Solana founder is paying for promoting his tweets now, like no one does from real L1's, and the new idea, based on previuos path will be after reversal confirmation.
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Today's closing lower 56,9 will bring us closer to reversal.
Once more time, for overexited bulls, please read more attentively which final target i've noticed, it was 2,5. Around 41$ i had planned a puncture, when price was 32$. The puncture happened. We had breaked out from triangle finally.
Now it coming clearer how we will move and this does not mean at all that we will arrive to 2,5 just tomorrow.
Once more time, for overexited bulls, please read more attentively which final target i've noticed, it was 2,5. Around 41$ i had planned a puncture, when price was 32$. The puncture happened. We had breaked out from triangle finally.
Now it coming clearer how we will move and this does not mean at all that we will arrive to 2,5 just tomorrow.
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I am expecting one-two weeks more of distribution with range 55-64.5