🐳 The $SOL 4-hour death cross—let’s look at it from a position-holding perspective:
The bullish momentum bars lasted for 15 four-hour candles, showing that buyers had been in control. Now, buying pressure has clearly weakened. The crossover is below the zero line, and momentum has weakened again before a recovery could take hold. Those buying at lower levels will need patience.
Feel free to share your thoughts in the comments.
The bullish momentum bars lasted for 15 four-hour candles, showing that buyers had been in control. Now, buying pressure has clearly weakened. The crossover is below the zero line, and momentum has weakened again before a recovery could take hold. Those buying at lower levels will need patience.
Feel free to share your thoughts in the comments.