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SOLUSDT, Sat 03 Aug, Updated 3 !The Sol Price Action in Weekend! There are many News on US Market Yesterday! Today Is Saturday but the market is open and Trading! What I see in Market of Sol till now, I expected: We can have Long Position in NY Session (Maybe & Maybe) But I looking for Big short Position; when the price will hit the "Buyside" And when I get confirmation from BTC Price Action. The BTC must hit its "Buyside" first. There are few "FVG" `s sit on FIBO`s Levels. Which FVG will be respected By Price? Then We can get Big short Again! Happy Weekend!
Short
by kevin13433
SOLUSDT, Thu 01 Aug, Updated 1!A new analysis on price action Solana! In the daily candle, the price of Sol decreased from April 1 to April 13. A sharp and relatively quick downward movement from the price of 203 to 112. Then it went up and fell again to the price of 118 and from there it went up to 189 (May 21). The price of 176 is the buy stop line, which was broken by this upward movement. But it didn't reach the price of 192 (red FVG) and then it went down again. Of course, after touching the price of 176, the price went down and continued until June 24. It went up a bit and reached the price of 121 again (July 5) and the price went up until the 29th of July and the FVJ touched the upper red color. It is the fourth day that the price has been bearish, an FVG has been formed between the second and fourth day. Result: Regardless of what levels of Fibonacci the price touches (32, 50 or 62%), but the price will definitely return to the FVG (between the second and fourth day) and you can get a good High profitably short! This is not a buy or sell or trade offer, this is just an analysis and an idea!
Short
by kevin13433
Clarifying Solana's Path Hey friends, I always try to stay away from any specific news or events and focus solely on clarifying my path using Elliott Waves. After spending some time analyzing Solana's chart, here's what I've found: Solana has recently completed its fourth wave and has started forming its fifth wave. In the image, there's a clear parallel channel that I've explained. The question is: What happens now? ☝️ There are two possibilities: 1. All five waves have formed correctly and completely. 2. The fifth wave is not complete and is still forming. Let's examine both scenarios 🙌🏽. I'm approaching this with an unbiased perspective. If the first scenario is correct and the five waves are complete, we are now in wave a, which could present good selling opportunities. If the second scenario is true, we are now in wave 2 of the five waves, which could present good buying opportunities. But how can we determine which scenario will play out? I'd love to hear your thoughts, whatever they may be. Your friend, Rabbit ❤️
by alirexavy
SOLUSDT & BTCUSDT Price Action and Short Setup on Saturday!I never thought that this would happen on Saturday. Now the components of my setup are being formed. - Monday High is hit. - Low week (Thu`s Low) has been Marked. - The price has not reached the "High" of the previous week. - Our price range has been determined and we have also drawn a 50% line. - The price fell sharply in NY session. - But Bitcoin did not fall sharply. Result: I'm waiting to see if the price hits the FVG after reaching the 50% fibo and pullback (upwards) and then starts its downward movement again.
Short
by kevin13433
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