Eldorado_Land的BINANCE:SOLUSDT的#SOLANA / the most accurate roadmap

#SOLANA / the most accurate roadmap

Solana's trend will be falling for now

But what are the points that you should pay attention to?!

First: As long as it is in the BEARISH channel of the 1-hour time-frame, there is a possibility of a sharp drop towards the specified targets. So, if you see patterns of continuation of the trend in lower time frames (below the 1-hour time frame), do not hesitate to get SELL!

Second: If the BEARISH channel of the 1-hour time-frame breaks upwards, you should look for confirmation of the SELL on one of the key levels of 139.94, 144.80 or 148.07.

Falling targets in order from short term to long term:
Target 1: 129.31-128.67
Target 2: 120.54
Target 3: 110.73

What details can you add to this analysis? Comment me

註釋

Based on this head and shoulder channel, you can profit from the short-term movement.
If the channel breaks the head and shoulders up: buy
If it breaks down: sell

註釋

Basis for confirmation of sell and buy in 5 minutes time-frame
Look at the box I marked in the picture
Breaking this box down in 5 minutes time-frame: confirmation of SELL
Breakout of this box to the upside in the 5 minute time-frame: BUY
In continuation of the main analysis

註釋

Target 1 was achieved...
Exactly on the HIGH of the BEARISH channel of the 1-hour time-frame, a DOUBLE BOTTOM was formed and started to fall with this pattern. Forming patterns on the HIGH of the BEARISH channel is a good idea for SELL trading!!