STRATEGY UPDATE: $SOL /FDUSD
SOL
83.82
-0.84%
Structural overview:
In my opinion, wave 5 has already fully completed. We expect a reversal soon, although the exact timing is still taking shape.
We are now seeing the final move come to an end, creating the structure for the next upward move.
Plan of action (no short positions):
Do not open short positions at the current level.
Reversals at the end of a wave usually happen very quickly and sharply, creating exceptionally high risk for those who open short positions too late.
Actions:
Be patient, monitor price action to confirm the reversal, and focus on an asset accumulation strategy in the spot market.
SOL
83.82
-0.84%
Structural overview:
In my opinion, wave 5 has already fully completed. We expect a reversal soon, although the exact timing is still taking shape.
We are now seeing the final move come to an end, creating the structure for the next upward move.
Plan of action (no short positions):
Do not open short positions at the current level.
Reversals at the end of a wave usually happen very quickly and sharply, creating exceptionally high risk for those who open short positions too late.
Actions:
Be patient, monitor price action to confirm the reversal, and focus on an asset accumulation strategy in the spot market.