$SOL The daily chart has been down for five consecutive days. Look at three things:
1) How big is the decline? -18.99% is substantial, so a rebound after a steep drop is possible;
2) Has the losing streak been broken today? It’s currently at -0.38%, so the decline is continuing;
3) What was the volume on the day it breaks? A bullish candle on higher volume is more credible than one on lower volume.
What will you be watching next?
1) How big is the decline? -18.99% is substantial, so a rebound after a steep drop is possible;
2) Has the losing streak been broken today? It’s currently at -0.38%, so the decline is continuing;
3) What was the volume on the day it breaks? A bullish candle on higher volume is more credible than one on lower volume.
What will you be watching next?
