SuhaibM

SOLBTC anaylsis

BINANCE:SOLBTC   SOL / Bitcoin
Sell2 and sell 1 signal say we must not buy. Here is my analysis:

1. We can buy when risk/reward ratio greater than 2 = 200 satoshi
2.We can buy at support = 135 satioshi
3. We can buy when resistance turns to support (1D open & close above resistance) =380 satoshi only if we get a BUY1/BUY2 signal.

Please use EngineeringRobo buy signals for buy decision and make sure that the risk/reward ratio is greater than 2. The bear signal is yet to come, so I predict will dip even lower.

Chart is above the McGinley dynamic = we should not buy right away.

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