I think SOLUSD completed mark down phase ๐ ( wyckoff theory )
Present we are in accumulation zone ๐ ๐ #DYOR
I have 2 scenario based on my technical analysis โฐ #TA
๐ expecting no new low ๐ making new high ๐ atleast return to previous top ๐ ๐ expecting new low ๐ based on FTX and FUD news ๐๏ธ selling , no new High ๐
Solution :: ๐
I am using 60-70% liquid at 1st phase ๐ if above i got confirmation ๐ remaining 40-30% I keep in correction ๐ค if not ๐ซ making new low ๐ I use that liquid ๐ฐ there ๐
So making new low ๐ atleast I book +500% ( 5X ) Not making new low ๐ i will make more than +1000% ( 10x++ )
This is my planning based on chart ๐๐ make ur plans ๐
Technical analysis is always risk management ๐ tool ๐ฅ not only predictor tools ๐
Buy ->
Phase 1 ๐ $10 - $15 Phase 2 ๐ $2.5 - $5
Weekend candle close above $60 no new low ๐ confirmation ๐ธ
Then phase 2 ๐ $40-48 ( not making new low buy at correction )
This is plan of accumulation on SOLUSD ๐ค and with confirmation ๐ zone ๐
Sell -> $244 - $600 ( distribution area )
๐ clear target's provided time bull 2025 just follow article and boosting ๐
If making new low ๐ then bull target will be $48-50 ( exit but i will update that time )
๐ค Anything else comment and give me private text ๐ ๐ค check โ my profile and follow article for future updates ๐ค When SOLUSD trade at $200 I said 2022 nov it will reach below $10 ( it was done โ ) ๐ค boosting ๐ and following article is ur requirement and sharing with ur PPL ๐ is supporting
๐ฅ my responsibility is update ๐ at crucial movement i will do under this post ๐ค
Be happy ๐ be safe ๐ ( then don't get married ๐ )
Note
$10-30 accumulate Range 80% liquid ๐ฐ backup 20% for worst
$26-30 keep 50% + below $15-10 keep 30%
Hitting $60 - no new low ๐
Trade closed: target reached
Target 1 ๐ฏ COMPLETED ๐
Note
Reached $110
Note
Re-test green ๐ box ๐ is about to buy back ๐
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.