Yes, the market structure isn't really broken and it hasn't lost any major support
Yes, it can go higher, a lot higher,
and yes it's been one of the best performers of this cycle.
Which makes it rather risky to short it. But it doesn't change the fact that it:
- Failed to beat critical levels
- By being one of the best performers, retail is loving it.
- Everyone is too comfy in longs.
The level i had for SOL back in last year happened to be the exact bottom, so I'm being cautious here.
Yes, it can go higher, a lot higher,
and yes it's been one of the best performers of this cycle.
Which makes it rather risky to short it. But it doesn't change the fact that it:
- Failed to beat critical levels
- By being one of the best performers, retail is loving it.
- Everyone is too comfy in longs.
The level i had for SOL back in last year happened to be the exact bottom, so I'm being cautious here.
Dagangan aktif
If only someone has warned you. Oh wait...
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.