Should i buy again sol for short sell
نشر
Doc Manz
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100% ACCURATE SIGNAL and TOP ANALYSIS ON $SOL /USDT:
■TECHNICALs on 1hr and 1 month time frame:
●On 1 hr time frame $SOL /USDT forming head and shoulder pattern(Bearish sign) . But left shoulder is not fully complete yet and top price must be between 188.5-186.5 today to fully complete it . If this is complete according to analysis price can drop down to 177$ So u can enter for Short at 188$ but first confirm with Market Cap ,Volume and other indicators
●On 1 month time frame SOL/USDT is currently in Ascending channel( Bullish sign) since december 2022
According to this pattern SOL/USDT can now hit the support line near 145$ to 175$ with ideal value near 167$ as $SOL has been bouncing above the support line lately .IF it comes down near support
here are 2 possibilities on this time frame for future :
1st. considering Last bear run which was almost the same pattern as 2024 , $SOL/USDT can follow the same trend too and break this Ascending channel to Drop as low as 20$ as In last bear market SOL was at the high of 259$ and then dropped to as low as 8$.
2nd possibility is SOL/USDT continues the uptrend now after droping slightly near 155$ and continue towards 264$ in case Bull Run continues and BTC achieves new highs and then SOL/USDt hits bear market after making double Top pattern near 264$ ( unless there is very strong buying pressure which i doubt it is going to happen)
In both of these scenerios on 1 month frame SOL/USDT is bound to fall either from here or from 264$ unless a very bullish news breaks all patterns on the top.
■FUNDAMENTALSs:
$SOL/USDT market cap saw a drastic fall of 13% in last 7 days comparing to other top coins like ETH only saw 9.6% , BNB only 2.2%, ADA 6.43% , Xrp saw a rise of 7%
Since last 10 days while other top coins are holding well SOl/USDt continues to drop and Acc to spot stats of SOL there are large sellings taking place behind the scenes during last month.
Overall, Market is holding well and BTC is range bound unless there is some big news in market BTC will most likely meet 85k too unless $BTC does a daily closing above 96500$ which is unexpected. Market will not give a significant move until after 20 january and possibily until 23rd january
●STOCK MARKET:
EVERYONE knows Crypto and Stock exchange market has a much deeper relation and as Stock market is going through same situation and showing bearish signs In case Stock market follow the trend and crashes hard. Bull will be beaten by Bear for sure and we can experience worst crashes of history .Investors are currently watching and waiting and there is no volume anywhere .
●SENTIMENTs:
Everyone is wanting a bull market in 2025 but noone knows where it will go so keep you mindest neutral until last week of january
Now lets get to $SOL/USDT .HOW TO ENTER? I will share my strategy later in another PostAlso Checkout my analysis on $XRP .Follow for Top crypto signals , Analysis and Updates.#
●On 1 hr time frame $SOL /USDT forming head and shoulder pattern(Bearish sign) . But left shoulder is not fully complete yet and top price must be between 188.5-186.5 today to fully complete it . If this is complete according to analysis price can drop down to 177$ So u can enter for Short at 188$ but first confirm with Market Cap ,Volume and other indicators
●On 1 month time frame SOL/USDT is currently in Ascending channel( Bullish sign) since december 2022
According to this pattern SOL/USDT can now hit the support line near 145$ to 175$ with ideal value near 167$ as $SOL has been bouncing above the support line lately .IF it comes down near support
here are 2 possibilities on this time frame for future :
1st. considering Last bear run which was almost the same pattern as 2024 , $SOL/USDT can follow the same trend too and break this Ascending channel to Drop as low as 20$ as In last bear market SOL was at the high of 259$ and then dropped to as low as 8$.
2nd possibility is SOL/USDT continues the uptrend now after droping slightly near 155$ and continue towards 264$ in case Bull Run continues and BTC achieves new highs and then SOL/USDt hits bear market after making double Top pattern near 264$ ( unless there is very strong buying pressure which i doubt it is going to happen)
In both of these scenerios on 1 month frame SOL/USDT is bound to fall either from here or from 264$ unless a very bullish news breaks all patterns on the top.
■FUNDAMENTALSs:
$SOL/USDT market cap saw a drastic fall of 13% in last 7 days comparing to other top coins like ETH only saw 9.6% , BNB only 2.2%, ADA 6.43% , Xrp saw a rise of 7%
Since last 10 days while other top coins are holding well SOl/USDt continues to drop and Acc to spot stats of SOL there are large sellings taking place behind the scenes during last month.
Overall, Market is holding well and BTC is range bound unless there is some big news in market BTC will most likely meet 85k too unless $BTC does a daily closing above 96500$ which is unexpected. Market will not give a significant move until after 20 january and possibily until 23rd january
●STOCK MARKET:
EVERYONE knows Crypto and Stock exchange market has a much deeper relation and as Stock market is going through same situation and showing bearish signs In case Stock market follow the trend and crashes hard. Bull will be beaten by Bear for sure and we can experience worst crashes of history .Investors are currently watching and waiting and there is no volume anywhere .
●SENTIMENTs:
Everyone is wanting a bull market in 2025 but noone knows where it will go so keep you mindest neutral until last week of january
Now lets get to $SOL/USDT .HOW TO ENTER? I will share my strategy later in another PostAlso Checkout my analysis on $XRP .Follow for Top crypto signals , Analysis and Updates.#
إخلاء مسؤولية: يتضمن آراء جهات خارجية. لا تُعدّ نصيحة. يُمكن استخدام Binance AI دون أي ضمان. اطلع على الشروط والأحكام.