SOL looks bearish (6H)
Updated
From where the red arrow is placed, the SOL correction has started.
The correction looks like an ABC and wave B is a diametric.
Where the green arrow is placed on the chart, the SOL diametric starts.
It seems that we are now in wave F of this diametric.
The green range is a strong support range.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
The correction looks like an ABC and wave B is a diametric.
Where the green arrow is placed on the chart, the SOL diametric starts.
It seems that we are now in wave F of this diametric.
The green range is a strong support range.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
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After hitting supply, it has dropped more than 12% so far
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