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Technical analysis by SHIFU_ about Symbol SOL: Sell recommendation (9/1/2023)

https://sahmeto.com/message/2863967
SHIFU_
SHIFU_
Rank: 16071
1.5
Sell،Technical،SHIFU_

SOL - 1-hour Chart - SOLUSDT SOLUSDT SOLUSDT.P SOLUSDT I had hoped to see a breakout of the global BSL range, but instead, SOLUSDT moved lower without breaking out, leaving it intact.Currently, I observe a rather impulsive downward movement locally.I anticipate seeing price imbalance filling and further decline to the levels around 18.05 and below.I have marked the levels from which a price correction might be possible.What goes against my idea:Liquidity compression at 21.50-22Liquidity level at 22.20Conclusion: In case of a breach of the 21.10 level, the idea is canceled, and it is worth considering a long scenario towards the previously described long targets.P.S. If you find this idea interesting, hit the "Rocket" 🚀 (👇). It would be greatly appreciated and motivates me to continue sharing my market insights.Subscribe ↗️ to stay updated on new ideas.

Translated from: English
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Signal Type: Sell
Time Frame:
1 hour
Price at Publish Time:
$19.8
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