SOLUSD FOUL US ALL WITH BULL FAKE OUT?SOLUSD i believe we just had FAKE OUT and did get most of us (lol)...
As you can see in the chart, after break down with the H&S market did come back and tested multiple time but fail to trade above it, and keep create STRONG RESISTANCE AREAS.
I believe for SOLUSD to go up and break this RESISTANCE AREAS needs to come down for more discount
We have DAILY support @ 169, if we hold here then again it will triggered the buy signal to at list 181-187. But if fail then highly possibility of seeing more decline to around 145-126 area
At the moment i have 2 sell
My target is
TP1 169
TP2 144
As usual i will update with any changes
Comments always welcome