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Technical analysis by Sadegh_Sh about Symbol SOL: Sell recommendation (3/19/2024)

https://sahmeto.com/message/1605079
Sadegh_Sh
Sadegh_Sh
Rank: 13446
1.5
Sell،Technical،Sadegh_Sh

When will bullish trend of Solana end ?(Price and time analysis) Hello everyone, I hope you're all doing well. It seems that SOL has completed five waves and is now likely to undergo a corrective wave of three. Negative divergence between waves 4 and 5 in RSI or MACD is often a sign of the end of wave 5. Keep in mind that both FVGs have filled out the weekly important points. I don't recommend taking positions, but if you intend to, remember to manage your capital and risk properly without forgetting about rewards. (Because Solana is very Savage.) Time analysis: In the Solana dominance chart, two days are significant: - Today, which we witnessed the decline, and the next day, Thursday, March 28th, where there's a possibility of significant media news within this time frame, such as the sale of assets by the FTX exchange. - The last day is April 13th. In summary, be cautious with your positions over these 25 days. P.S : The SOL.D chart is for yesterday. I suggest you thoroughly read the analyses linked below: USDT.D BTC.D BTCUSDT I'd be happy to share your opinion with me. Your likes, follows, and comments give me energy. The RSI indicator also suggests a complete cycle. After starting from a small uptrend channel, it's currently completing an Elliott Wave cycle. ....

Translated from: English
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Signal Type: Sell
Time Frame:
1 week
Price at Publish Time:
$182.02
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