Hello Traders,
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
- If we can see clearly on a weekly basis time frame SOL has been forming a Head&shoulders patterns almost few weeks ago, FTT news were having a good negative push and total market in general , i am beeing pragmatic about the price action move , if buyers couldn't sustain support level 12$ then we might see sellers getting stronger and pushing the price down towards S/R level 5$ , everything in presence is possible due to market volatility and the news impact.
- Buyers have to show strength and push the price upwards toward S/R 23$ , if they didn't succeed then 5$ level are reachable.
Good Luck Traders.
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
- If we can see clearly on a weekly basis time frame SOL has been forming a Head&shoulders patterns almost few weeks ago, FTT news were having a good negative push and total market in general , i am beeing pragmatic about the price action move , if buyers couldn't sustain support level 12$ then we might see sellers getting stronger and pushing the price down towards S/R level 5$ , everything in presence is possible due to market volatility and the news impact.
- Buyers have to show strength and push the price upwards toward S/R 23$ , if they didn't succeed then 5$ level are reachable.
Good Luck Traders.