Solana / TetherLong
SOLANA, the decline isn't over yet...
Since 21 May, the Solana has fallen by more than 30%.
And in my opinion, there's more to come...
To understand what's going on, we need to open a HTF chart.
Here in Daily, we can see that we have just entered the OTE zone of the last bull rally.
In this zone, we have 2 very large pockets of liquidity to recover.
One is at $118 and the other at $116.
I think that once these 2 levels have been cleared, we will start to rise again.
I'd be interested to hear your views on the market this morning.
Feel free to subscribe and boost this post if you liked my analysis.
Happy trading and a good week :)
And in my opinion, there's more to come...
To understand what's going on, we need to open a HTF chart.
Here in Daily, we can see that we have just entered the OTE zone of the last bull rally.
In this zone, we have 2 very large pockets of liquidity to recover.
One is at $118 and the other at $116.
I think that once these 2 levels have been cleared, we will start to rise again.
I'd be interested to hear your views on the market this morning.
Feel free to subscribe and boost this post if you liked my analysis.
Happy trading and a good week :)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.