FSelim55
@t_FSelim55
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FSelim55
Solana has gained more than 45 % from last fall down that was in 5th August 2024the trend right now is inside the range ( Phase C - Wyckoff Method )The far target is 216 ( Top of the side way range) if the Re-accumulation phase has succeed.SL is 141.46 ( this for me is consider thin stop loss due to the high SOLUSDT volatility of the crypto market) I am Just sharing insights and market trends for learning and growing every day and it is not financial advice.Daily candle (negative) has closed exactly on the selected SL , that may give the chance for more correction up to 130 (0.618 Fib Level)Entered again from 144 The price made a breakout above the white range and back tested on the daily frameStrong Resistance at 160 and formed double top led the price to go down more than 20%
FSelim55
TIA have formed 3 strength Signs : Inverse Cup and Handle Double bottom Spring #Wyckoff MethodTargets are marked using Fibonacci Far Target - the top side of the lateral Trend at 11.67SL - 6.67I am Just sharing insights and market trends for learning and growing every day and it is not financial advice.Volume has failed to push the price inside the wide trading range (Strong Resistance at 7.278)
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