Solana (SOLUSDT) is now trading below EMA10 weekly but we are going to be looking at a different signal right now, one that came out recently before last week's drop.
Whale alert! — Whales are moving around billions of dollars worth of SOL.
👉 Transactions in the tune of $817M (2x), $782M and $682M are exchanging hands right now and the last time this happened a major crash followed.
Prepare, the same scenario is likely to repeat.
Namaste.
Whale alert! — Whales are moving around billions of dollars worth of SOL.
👉 Transactions in the tune of $817M (2x), $782M and $682M are exchanging hands right now and the last time this happened a major crash followed.
Prepare, the same scenario is likely to repeat.
Namaste.
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This type of transaction, at this point in the market cycle, tends to lead to a strong sell-off; a crash.
Solana is likely to produce a major flush soon.
Likely... The charts can always change.