Hello my fellow TraderZ...
Today I'm here with
SOL #SOL/USDT chart.
In recent move towards upside, SOLANA unable to break the Resistance Zone of 48-50. And with weaker Price Action forming Double Top rejecting the price to drop further -38%.
Now it can be seen clearly that price is consolidating at this local Support but still the Volume showing weaker demands. So I'm expecting further drops to test $25-26 low, alongwith #BITCOIN testing its low around 18k.
Also, Negative Futures Funding could also lead to a Short Squeeze to the Resistance area as mentioned in the chart.
NOTE : TraderZ if you like my idea, please LIKE it and give me a FOLLOW to encourage me to bring more such contents. Also comment below your favourite coins so that I bring the CHART IDEAS with your NAME mentioned here.
Today I'm here with
SOL #SOL/USDT chart.In recent move towards upside, SOLANA unable to break the Resistance Zone of 48-50. And with weaker Price Action forming Double Top rejecting the price to drop further -38%.
Now it can be seen clearly that price is consolidating at this local Support but still the Volume showing weaker demands. So I'm expecting further drops to test $25-26 low, alongwith #BITCOIN testing its low around 18k.
Also, Negative Futures Funding could also lead to a Short Squeeze to the Resistance area as mentioned in the chart.
NOTE : TraderZ if you like my idea, please LIKE it and give me a FOLLOW to encourage me to bring more such contents. Also comment below your favourite coins so that I bring the CHART IDEAS with your NAME mentioned here.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.