SOLUSDT, Mon 07 OCT, Week of Longs!
Last week, we had a market decline from Monday to Thursday, and the price returned from Friday.
This week it seems that we will have a bullish market.
And the reasons:
- The price is in the discount area. (below the 50% Fibo line)
- The pattern of cup and handle has also been formed (for those friends who like patterns)
- Swing low (daily) has been hitted.
So this time I will be looking for long positions and I predict that the big move will be formed around Thursday.
This week it seems that we will have a bullish market.
And the reasons:
- The price is in the discount area. (below the 50% Fibo line)
- The pattern of cup and handle has also been formed (for those friends who like patterns)
- Swing low (daily) has been hitted.
So this time I will be looking for long positions and I predict that the big move will be formed around Thursday.
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