SOLANA SOLUSD: 15M Retrace into demand zone. Then a move higher.
Updated
Nothing goes up in a straight line of course. I don't think Cryptocurrency has made a false break upwards since about Friday, bitcoin, solana, retracing into more demand areas to attract new buyers at better prices imho.
Disclosure: I am a holder of cryptocurrency & in particular Solana.
You can see in the chart below 15m. Solana is making its way down to a 15M demand area buy order block, this area coincides perfectly with todays' 38.2% Fib retracement.
4HR Fib Retracement Below:
Disclosure: I am a holder of cryptocurrency & in particular Solana.
You can see in the chart below 15m. Solana is making its way down to a 15M demand area buy order block, this area coincides perfectly with todays' 38.2% Fib retracement.
4HR Fib Retracement Below:
Note
Trade active
I AM BUYING SOL USD @ CURRENT PRICE UP TO 142.50
STOP LOSS: 138
Note
Monthly chart is bullish & Daily today Solana strikes back!
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