A major trendline has been lost despite positive news, and SOL is prone to further drops towards the green box.
A large liquidity pool exists below the price, which is likely to be taken out, pushing the price toward the marked zone.
The price structure has turned bearish with a CH on the chart.
A daily candle closing above the invalidation level will nullify this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
A large liquidity pool exists below the price, which is likely to be taken out, pushing the price toward the marked zone.
The price structure has turned bearish with a CH on the chart.
A daily candle closing above the invalidation level will nullify this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
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Free membership: t.me/Behdark_EN
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🔆To succeed in trading, just enter our Telegram channel:
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.