$SOL Expect to increase or decrease in the near future
- My bias is bearish at $SOL in the 1D frame because the Dow structure shows a lower high at 78.88 and a lower low at 70.58 and the weekly trend is also bearish.
- I expect the price to continue to fall to the demand area below 73.39 after scanning liquidity around the latest low in the context of counter-trend compared to bullish BTC.
- The ideal order entry area is around 74.50-73.80 when the price reacts to FVG and order block.
- Wait for confirmation of the candle to close below 73.39 with increased volume and RSI decreased below 50 before entering the order.
- Take profit at 70.58, then 64.04 and beyond 60.13 to take advantage of the supply areas.
- Set protection just above the structural flip level to avoid the risk of unexpected reversal.
- Bias was invalidated when the price closed above 78.88 because at that time the structure turned bullish.
#solana $TUT
- My bias is bearish at $SOL in the 1D frame because the Dow structure shows a lower high at 78.88 and a lower low at 70.58 and the weekly trend is also bearish.
- I expect the price to continue to fall to the demand area below 73.39 after scanning liquidity around the latest low in the context of counter-trend compared to bullish BTC.
- The ideal order entry area is around 74.50-73.80 when the price reacts to FVG and order block.
- Wait for confirmation of the candle to close below 73.39 with increased volume and RSI decreased below 50 before entering the order.
- Take profit at 70.58, then 64.04 and beyond 60.13 to take advantage of the supply areas.
- Set protection just above the structural flip level to avoid the risk of unexpected reversal.
- Bias was invalidated when the price closed above 78.88 because at that time the structure turned bullish.
#solana $TUT