$SOL ICT Dealing Range of SOL
Following is the dealing range for current sol price action. 0.5 level is our equilibrium level and coincides with daily bullish order block. High probability of price to reach there and then push higher.
On Tuesday price reached 0.75 level and on Wednesday price moved to fair value gap between 0.5 and 0.75.
Now price is most likely moving towards the equal highs and from there price will move downward towards the order block. There are three strong reasons that support this idea.
First the swing low formed on Wednesday has a strong liquidity pool. Secondly dollar index is rising and crypto currencies have an inverse relation with dollar index. Thirdly the price is in extreme premium quadrant of current dealing range. Price need to form a new dealing range to move higher and for that a move towards the order block is must.