First let's start with a quick background on what happened to SOL:
Here I made this chart in MAR, 2022 over a year ago. You can see that it touched our first sell zone and crashed. Never held the green zone (good support)
Then it August, 2022 I posted this chart. It created more bearish flags.
Now, in present, SOL is contesting those exact same zones from 2022 that I posted in the first link. Take a look at how present day stacks up to those old green and red zones.
That means this coin is most likely going for $87 in the next month. This is strictly speaking from chart and volume analysis. The zones I make (green or red) represent areas of major support or resistance and volume (liquidity). Combining them together, I take away the mess of horizontal lines and simply create green or red boxes.
This coin was the same one that made us 28,000% net profit during its bull run. I have it all documented with my trade history. I do not use TA or chart analysis for my actual personal trades. Those are based on my algorithm and automation script.
The automation script and algorithm provides the most optimal buy/sell signals with a combination of indicators. To see this in action, we are currently using this on the hourly candles for our own personal wallets. The trade history you see below is exactly what are wallets our generating- 740% net profit, 78% success rate. You can see in the history tab this is calculating the net profit for this year, 2023, starting from Jan. If you're interested in how this algorithm works, please leave a comment as it is a private script.
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