Hello guys, everyone who has followed me long enough knows that 99% of my trades are backed by economic data, news, or fundamental analysis, but this one is not the case.
This is purely a short-term trade with high probability since Bitcoin is down for the day as the time of writing and there is a good chance that #sol will reverse and follow the main index(BTC).
I am a fan of Solana and am sure it will be worth much more soon.
The Technical analysis is as simple as possible; the easier it is to implement, the better it works. There is no need to have 10 indicators on your chart distracting you from the essence.
Comment your opinion on the crypto market and let's have a nice discussion: