SOL is starting off the week 20% lower, we've had a price retraction and profits have been taken, liquidity has been swallowed up, the weekend is over and its time for the market to resume "Marketing" .

Sol is already breaking out and we will have to watch , but we area long as of Sunday at 141-143
We were looking for our target of the 150 level to take profit, and as the week continues I plan to trade SOL daily with some positions So I will be watching It and trying to keep the Days action organized.

Sol is already breaking out and we will have to watch , but we area long as of Sunday at 141-143
We were looking for our target of the 150 level to take profit, and as the week continues I plan to trade SOL daily with some positions So I will be watching It and trying to keep the Days action organized.
Giao dịch đang hoạt động
- 0.381 retested and 2x 4h candles all show support, combined with low volume indicate the broken channel isnt confirming a downward trend and the next day's trading will see price riseLooking to take profits at the 150-151 (.618 - fib level)
price could retest the 0.5 and move higher depending on general market sentiment
Giao dịch được đóng thủ công
broken the fib at 0.5 and retested 0.382. currently the 0.382 broke and if we look on the macro there is a better understanding of where price will fall.
Currently SOL is in a downward wedge, perhaps a pennant however for now its imperative that there is no market bias towards a direction, and as it stands it appears that price is headed towards the accumulation area.
Ghi chú
waiting for the 4h close to confirm as well as following market sentiment, fundementals,vol,macd,and rsi.Will update with a new outlook
Ghi chú
price is trying to break above the fib resistance. We need to see a higher low on retraction to push price upgit some
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git some
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.