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Technical analysis by ENTITY_NOT_FOUND about Symbol SOL: Sell recommendation (8/25/2021)

https://sahmeto.com/message/2656815
ENTITY_NOT_FOUND
ENTITY_NOT_FOUND
Rank: 9108
1.5
Sell،Technical،ENTITY_NOT_FOUND

Solana had a good run, but it's showing a distribution pattern. The UT was up to 82, so you can expect a scamwick to at least 82 before a final crash. Since this is crypto, nothing is guaranteed, so a healthy stop at a random number above the UT can keep you alive. The final price target is a full retrace down to 42, but in general, I advocate for a tiered exit, closing proportional amounts on the way down.Confirmation of the drop is high volume and no wick under 68. Ideally closing under 68 with a red candle or a failed recovery would be a perfect entry.I think I'll be entering around here. There was no confirmation under 68, yet the candles are looking extremely bearish in this range.

Translated from: English
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Signal Type: Sell
Time Frame:
4 hours
Price at Publish Time:
$70.67
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