July 19
The sol family army has gathered, previously focusing on the area around 176.
Although most long positions took profit around 176, the short positions incurred losses.
Upon careful analysis, I realized I was wrong; the market is right.
Yes, the market is always right.
On the 4-hour chart, although there is strong resistance at 185, the lows have been consistently rising: 157, 168, 171, 175. Therefore, this rally from 125 is likely to face significant resistance around 188-190, and I expect there will be a bearish divergence pattern at the hourly level before a pullback begins.
For the pullback, watch 168-171.