do you think BTC will drop more? I read your last analysis about it, but it's been 9 hours, and in that time it has dropped more. I'm holding off to buy, I trust your analyses too much
thaitraderoficial
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#SOL 17:13 - I WILL CALL ATTENTION TO THOSE WHO DO NOT READ THE ANALYSIS AND ASK WHAT IS WRITTEN!
Let's do a REVIEW: 1. Reversal to BULLISH TREND? It would only happen if SOL consolidated above 183. And AS we said, it was respecting BTC which in turn would drop below 91. And look, IT DROPPED! ‼️ #SOLANA managed to stay above 183? NO! So, it does NOT go up.
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2. IMPORTANT POINT THAT I HIGHLIGHTED IN UPPER CASE: I warned about a liquidation at 156 and another STRONG one at 150. And I SAID THE PRICE WOULD GO THERE.
WAS IT SUPPOSED TO ENTER? ONLY if there was buying strength. ‼️ It reached the liquidation price, was there buying strength? NO! When it got there, the RSI indicated selling strength (39), in other words, WE DID NOT ENTER ON SELLING STRENGTH!
But IF you still want to enter, then you already know the consequences if you don't have money to hold the position.
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3. WHERE SHOULD I ENTER? Wait to approach SUPPORT if it does not break and enter buying strength is a point of entry! Where the support is, it's there in the analysis.
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So, please read the analysis before asking! Acting on impulse is how you get burned in the market! PAY ATTENTION!
I will make an update of the analysis to see new entry points and I'll be back here. Liked to deliver!
$SOL
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