Solana and point of interest
Updated
Solana crashed just based on FTX potential sell of
FTX assets worth $3 billion. Many took this to mean that if they are approved for liquidation
1. Even if they approve, they will sell their assets in small parts once a week. 200millions worth not all 3b in one day!
2. If approved, then most likely transactions can go through the OTS, without much impact on the order books on exchanges
https://www.tradingview.com/x/lwgwDnuJ/
If you take a look on this PA you can see order flow (red)
We leave POI now this poi at -0.618 level local fib and this correction can be enough to mitigate market makers position.
We leave EQ highs and top target with liquidity
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
---
• Look at my ideas about interesting altcoins in the related section down below ↓
• For more ideas please hit "Like" and "Follow"!
FTX assets worth $3 billion. Many took this to mean that if they are approved for liquidation
1. Even if they approve, they will sell their assets in small parts once a week. 200millions worth not all 3b in one day!
2. If approved, then most likely transactions can go through the OTS, without much impact on the order books on exchanges
https://www.tradingview.com/x/lwgwDnuJ/
If you take a look on this PA you can see order flow (red)
We leave POI now this poi at -0.618 level local fib and this correction can be enough to mitigate market makers position.
We leave EQ highs and top target with liquidity
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
---
• Look at my ideas about interesting altcoins in the related section down below ↓
• For more ideas please hit "Like" and "Follow"!
Trade closed: target reached
done
🔥Indicators Set - t.me/crypto4light/2155
✅Youtube- youtube.com/crypto4light
💰Join in tg channel - t.me/crypto4light
🐦Follow on Twitter - twitter.com/vladi4light
📊Max Discounts lnk.bio/discount4light
✅Youtube- youtube.com/crypto4light
💰Join in tg channel - t.me/crypto4light
🐦Follow on Twitter - twitter.com/vladi4light
📊Max Discounts lnk.bio/discount4light
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.