SOL IS BEARISH (12H)
Updated
Solana has a lot of growth and can have a good correction ahead. Especially since it is showing confirmations.
After collecting liquidity pools and encountering a resistance SWAP, there has been a bearish CH. There is a support near the candles, if it supports the price and reaches the resistance red box, that area is a good place to open short positions.
At lower prices we have a liquidity pool that is like a magnet for candles.
The main support is where I specified below. If the decline is confirmed and a bearish CH is made with the body of the candle to the lower green zone, there can be a decline.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
After collecting liquidity pools and encountering a resistance SWAP, there has been a bearish CH. There is a support near the candles, if it supports the price and reaches the resistance red box, that area is a good place to open short positions.
At lower prices we have a liquidity pool that is like a magnet for candles.
The main support is where I specified below. If the decline is confirmed and a bearish CH is made with the body of the candle to the lower green zone, there can be a decline.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Note
Still Valid
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