I've been noticing more than once that SOIL usually moves against the market or, at least, it does so for a couple of days. Then if market keeps going in a certain direction for many days it follows.
In this case we can see cryptomarket dumping and shaping up bearish on weekly timeframe, in this case instead SOIL seems to be slowing the dumping and shaping up as reversal on W:
while on daily instead it's attempting to bounce. Pretty weird, right? If you guys want a promising RWA this is a bag I feel confident to suggest. below around 0.636 USDT area it's all buy zone in my opinion. I'd avoid using leverage in this period, I expect a red month.
Good luck.
In this case we can see cryptomarket dumping and shaping up bearish on weekly timeframe, in this case instead SOIL seems to be slowing the dumping and shaping up as reversal on W:
while on daily instead it's attempting to bounce. Pretty weird, right? If you guys want a promising RWA this is a bag I feel confident to suggest. below around 0.636 USDT area it's all buy zone in my opinion. I'd avoid using leverage in this period, I expect a red month.
Good luck.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
I do TA because I like and it seems at least 70% of my calls usually turn out to be true. If you wanna support me please donate some tradingview coin or check "about me"
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.