SOLUSD Solana Bullish Change: LongAs I published yesterday the bearish trade setup,shortly before reaching the profit target,I have closed it manually and updated below the trade idea in the comment section,to inform you. Because of bullishness of tech,and weaker USDolalr, now crypto,specially Bitcoin, Solana and Eth following Tech: Bullish.
Important:
177.93 (red line9 IS MAJOR RESISTANCE: AND PROTECTED TWICE BY THE EBARS;WHO CONTROL THAT REGION:
Once broken Solana can climb higher to 228-244. If not, we will face sudden fast drop down, and possible midterm bearish sideways:
aS IT WILL BE THE THIRD ATTEMPT OF sOLANA TO BREAK THIS MAJOR RESISTANCE; IF NOT SUCCESSFULLY; WE CAN ESTIMATE BEARISH SIDEWAYS8sALAMI DOWNRUN).
Also it will be possible,that in April 2025 because of Trumps tariffs, the market participants
will liquidate their positions immediately,capital outflow.
Currently as Godl and silver also bearish,check my other ideas, the bullish trendchange is cinfirming.
Neverthe less I mad 4 different setups and profit targets,to help ya making better decisions.
Additionally expect the unexpeted:If the market conditions change before your profittarget reached,take that profit and prepare for the other direction.
Volatility and many unexpected events awaiting us.
I,for my part,ignore news, even what Trump says,and just focus to the chart, because it tells exactly when then market starts to change its direction.So I recommand ignoring the hype and news, but being focused on what the market and price does:The market is always right!
Have a nice day.
