First they flicked a wick down to 102.77 to sweep out the stop-losses of everyone chasing longs, then obediently closed back above 102.73. This playbook is all too familiar.
$SOL The short-term structure has turned bullish. The only thing overhead is the descending resistance line at 103.57, which has been tested three times. Break through it and 105 is in sight.
I admit we lost 101.8. But don’t come at me now with talk about how the bigger picture is still bearish.
$SOL The short-term structure has turned bullish. The only thing overhead is the descending resistance line at 103.57, which has been tested three times. Break through it and 105 is in sight.
I admit we lost 101.8. But don’t come at me now with talk about how the bigger picture is still bearish.
