SOLUSD i believe we just had FAKE OUT and did get most of us (lol)...
As you can see in the chart, after break down with the H&S market did come back and tested multiple time but fail to trade above it, and keep create STRONG RESISTANCE AREAS.
I believe for SOLUSD to go up and break this RESISTANCE AREAS needs to come down for more discount
We have DAILY support @ 169, if we hold here then again it will triggered the buy signal to at list 181-187. But if fail then highly possibility of seeing more decline to around 145-126 area
At the moment i have 2 sell
My target is
TP1 169
TP2 144
As usual i will update with any changes
Comments always welcome
As you can see in the chart, after break down with the H&S market did come back and tested multiple time but fail to trade above it, and keep create STRONG RESISTANCE AREAS.
I believe for SOLUSD to go up and break this RESISTANCE AREAS needs to come down for more discount
We have DAILY support @ 169, if we hold here then again it will triggered the buy signal to at list 181-187. But if fail then highly possibility of seeing more decline to around 145-126 area
At the moment i have 2 sell
My target is
TP1 169
TP2 144
As usual i will update with any changes
Comments always welcome
Note
add sell @ 192.93 sl 197Trade closed: stop reached
Note
SOL BEAT ME HARD LOLNote
ONE OF THE BEST ANALISE I MADE SO FAR
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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.