SOL has a clear head & shoulders. End of the of our glorious up, up, up.
Sol may see a slight rise before continuing to wiggle down - first to around $130 area and then down to the $115 > $117 area. Then down to $110. I suspect it will end up at around $75 - All of this DEPENDS upon the movment of BTC & ETH.
The down trend should provide some good scalping - provided the fall is not to rough and choppy.
NOTE: ETH & BTC dictate for most coins how they will move - keeep and eye on these coins.
If BTC does fall big style (Blood On The Streets) it is possible that SOL could go to $40 or even down to $24. SO, unless you wish to HODL and then buy more on DCA, you might want to consider TAKING PROFITS or selling out and buying back in at a better price (it's what I will do).
Not Financial advice - DYOR.
Happy Hunting.
Sol may see a slight rise before continuing to wiggle down - first to around $130 area and then down to the $115 > $117 area. Then down to $110. I suspect it will end up at around $75 - All of this DEPENDS upon the movment of BTC & ETH.
The down trend should provide some good scalping - provided the fall is not to rough and choppy.
NOTE: ETH & BTC dictate for most coins how they will move - keeep and eye on these coins.
If BTC does fall big style (Blood On The Streets) it is possible that SOL could go to $40 or even down to $24. SO, unless you wish to HODL and then buy more on DCA, you might want to consider TAKING PROFITS or selling out and buying back in at a better price (it's what I will do).
Not Financial advice - DYOR.
Happy Hunting.
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