We CAN see an ABC pattern forming on #SOLANA chart relative to #BITCOIN as well. 🕯
As you CAN see price has reached a weekly demand zone, and it is likely that we see a recovery move upwards to higher price levels in the coming weeks. ➕
Of course it is likely that market makers try to grab the fresh liquidity below the weekly demand area so if you want to start investing in #SOL, you ought to do it step by step through DCA into several support levels. 📉
As you CAN see price has reached a weekly demand zone, and it is likely that we see a recovery move upwards to higher price levels in the coming weeks. ➕
Of course it is likely that market makers try to grab the fresh liquidity below the weekly demand area so if you want to start investing in #SOL, you ought to do it step by step through DCA into several support levels. 📉
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Related publications
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.