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Technical analysis by reddeck about Symbol SOL: Sell recommendation (5/19/2023)

https://sahmeto.com/message/2720450
reddeck
reddeck
Rank: 7762
1.5
Sell،Technical،reddeck

Hello friends. In this video, we examined Ripple and Solana coins. First, I want to start from XRP. When I look at the graph, I see that it draws a different graph than other coins and is relatively horizontal after the decline. For the time being, I'm waiting for a stop operation in the area here, or rather up to 0.4375. Then there is a 0.50 - 0.53 band that has not been visited above. I expect that the main sales can come from this level. For the Long process, the 0.39 - 0.37 band, which he has never reached, seems to be appropriate. SOL On the side of November 07, 2022, the area began to collapse yet. For this reason, as the first target, I expect the 28-32 band. Why am I waiting for sales here? Because the market takes the price horizontally and has shown the upper band of this horizontal channel as resistance to the market. Approximately 26.50 levels can travel to the upper 28-32 band to clean the stop pool accumulated here. There are two areas that have never come below but reacts strongly. The first of these is 13,50 - 13 band and the other is 11.50 - 10 bands. I think these levels have appropriate purchase levels.

Translated from: Turkish
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Signal Type: Sell
Time Frame:
1 day
Price at Publish Time:
$20.48
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