Technical analysis by Quantum_Labs about Symbol SOL: Sell recommendation (6/12/2022)

Quantum_Labs

anticipate bearish crypto, Solana has played my short setup. I anticipate lower prices with a target of 29.0967. Partials to made accordingly, if you enjoy the Fibonacci, you can look for viable extensions to the downsideI'm observing how the price swept Asia lows, reversed, and began to rally higher. If bearish, the rally higher to an OTE or OB, is the Judas swing. the sweep of the low is to induce any early net long traders in the market, I anticipate a lower RUN during the NY session today for short-side profit-taking and any net long trader profitable could be liquidated. if the order flow is bearish the lows have to be sweptLet's observe the melt and potential bearish momentum. I don't anticipate longs unless we have massive displacement in price delivery bullish.more blood in the crypto marketsthat's why we always take partials