SolanaShort
Altcoins correcting (sol)
If you look at my total3 chart idea you will see I am short-term bearish here, all of my tracked altcoins are breaking medium term channels downward for the most part. I would not be adding spot here personally. I am short major alts/gaming right now. I have not sold my spot entries. Sol will probably be an indicator for altcoin corrections moving forward since it tends to be a first mover. If this demand doesnt hold, the token could drop all the way back to 44$. All EMAs are coiling downward on falling RSI. Volume is taking a breather, these corrections are good for the market.
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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.