Bearish divergence, its overbought.
a pullback/correction and some consolidation is overdue
Im targetting $48-$38 area, which is previous support/resistance levels
Its interesting how SOL met resistance right at the 0.236 fib. Nature eh?
https://www.tradingview.com/x/z4TEmdBy/
I hope so, a 20% dip would be a gift.
Could take cpl weeks. Look for range of small tiny doji candles at the lows
Could take cpl weeks. Look for range of small tiny doji candles at the lows
-45% from current peak is more favorable. Should get lotta nice bounces in between b4 next big move up. Sol is great for trading, can always anticipate 5-10$ bounces
-45% from current peak is more favorable. Should get lotta nice bounces in between b4 next big move up. Sol is great for trading, can always anticipate 5-10$ bounces