SOL/USDT : Possible Entries in any case of drop !

17 Feb 2022

SOLUSDT
Hello everyone 😃
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it !

I'm going to search for possible directions and opportunities into the lower supports and we approach the possibility of drop below 20K.
So; The ideas are based on the rejection of 52K and breaking 29K on BTC, In any other case I won't use this analysis to spot the possible entries.

There're two spots that I'm looking for SHORTs on BTC; $46500 and $51000. Based on the mentioned levels I'm going to analyze my SOL's chart !

There's an opportunity for SOL to pullback above $100 and more at the current support zone into LTF charts :

But so, In this case; We'll search for our SHORT entries into $120 - $130's resistance zone and from macro view; Aimed target for mid-term should be $65.
- In any case of break below $85 before a retest into $120's resistance, You have to sell out your bags and aim for $65.

For further rejection we need that break below $65 which makes us this opportunity to set our buy limits on the mentioned levels at $30 and $20 !

📑 Conclusion :
- There're two levels to watch for :
- $85; Any rejection below will lead the pair into $65's Demand zone.
- $95; Any pullback above will lead the pair into $120's Supply zone.

Also there're two main zones to watch for macro movement :
- $120; Any rejection from this level will lead the pair into $65's Demand.
- $65; Any rejection from this level will lead the pair into $30's support lines..

🔴 Unfortunately analyzing the crypto pairs before any major movement's confirmation is more risky with less success rate; So I would be pleased to play the chart with more carefulness !

Hope you enjoyed the content I created, You can support us with your likes and comments !
Attention: this isn't financial advice we are just trying to help people on their own vision.

Have a good day!
Helical_Trades