Is $86 SOL in the cards? Bull trap trap with a major correction?

A simple idea. Not financial advise, DYOR.

Will SOL retest $138? Try to get in the bullish zone of $160, fail and find bottom at $86?

הערה

Looking good so far. Once BTC breaks down to $61-62K region, it will cascade very hard down, to find temporary support further down.

הערה

If we find support in the $150-155, region and we push up towards $180-190. I may look to increase my bottom target.

As PA develops so does my analysis.

הערה

We are on track! This game is all about patience. If you can avoid the BULL and BEAR traps, you are ahead of 95% of traders. Thought I would share something with you all.

We are currently in a massive distribution phase as mentioned before, where holders are taking profits, and will continue to do so, causing a cascading correction, where we will finally bottom, and the accumulation process will start all over again to eventually break ATH and continue with the bull run.

הערה

I have a buy order at $78 (GBP pair). NFA. My price prediction bottom is somewhere between $86-77.

earlyBTCAdopter

כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.

earlyBTCAdopter