SOL looking stupidly bullish & strong whilst the market are in these conditions. Could very possibly blow the top off in the coming weeks after, especially after the bullish Grayscale trust news PT: $275-$315
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I'm long SOL here with a small potential downside as we could very easily touch $105-$110; The market is having a harsh overreaction as we prep for our upcoming Q4 pump. Unironically the best hedges seem to be newer L1s (SOL, AVAX, ADA, etc.)
BTC is looking harsh here and it looks like we can easily fall back down to 42.5K. That being said we can still easily pump to 50K before having a much harsher downtrend. Let’s see if the apes hold the line going into the rest of the week
We obviously failed break resistance at 42K & we didn't have the volume needed to keep BTC propped up for another green day. I can easily see us falling back to 35.3-36K and becoming range bound between 36-40K, but who knows...
BTC is primed to breakdown if 31K doesn't hold. I believe BTC will form a massive inverse Bart Pattern that will continue forming over the next 2 1/2 months, I don't see why anyone would be bullish here if we aren't above the BTC Bull Market Support Band & we even then we must solidify support above the BTC Bull Market Support Band. Support Levels (30K, 28K, 24K)
