SOLANA DUMP INCOMING

Sep 11, 2023

SOLUSD

SOLANA DUMP INCOMING

Why?

- USD Strength
- Weekly uptrend line broken
- Leaving Mod-Schiff Fork
- Weekly MACD Bearish Cross
- Weekly DMI Bearish Cross (Pending)

Don't let the log-scale chart fool you.

We're looking at a return to $8 (December '22 low), or an even larger decline to $5 (the Aug '20 high)

That's a 50% - 70% drop from current levels.

Short it.


Fat_Fat

Sep 11, 2023

Note

Weekly MACD Bearish Cross

Sep 11, 2023

Note

Weekly Ichimoku Cloud is looking bearish

Sep 11, 2023

Note

50-70% percentage decline

Sep 11, 2023

Note

Sep 13, 2023

Note

Sep 13, 2023

Note

There are rumors circulating about a potential liquidation of FTX SOL holdings....

Sep 13, 2023

Note

Approximately $128 Million USD value in Solana currently owned by FTX.