Technical analysis by needfulMagpie43636 about Symbol SOL on 12/30/2024
https://sahmeto.com/message/3304116
needfulMagpie43636
Rank: 11675
Analytical Power:
1.5

These triangle patterns often follow the overall trend of price action, which currently seems like we are in a overall downward trend. If we continue to break down from the triangle, im looking at 140-160 as supports. Looking at btc heat map from the last 3 months, lots of liqudiity towards the downside compared to going back up to 110k. As we know, market makers tend to move markets where there is most liquidity. I expect markets to continue being extremely volatile, but a move towards the upside wouldnt surprise me either. Many on here continue to form the bullish pattern, but in short term i do think we will continue more downside as the cme gap for bitcoin is still unfilled at 76k.
Translated from: English
Show Original Message
Signal Type: Neutral
Time Frame:
4 hoursPrice at Publish Time:
$192.47