SOL retrace & bounce to $200
SOL has formed a channel grinding higher.
Expecting a quick drop to $163-$167 before bouncing up to $200-$210.
The safest play is to not short the drop, but wait for the bounce and go long after the RSI & Money Flow Indicator trend upward again.
Expecting a quick drop to $163-$167 before bouncing up to $200-$210.
The safest play is to not short the drop, but wait for the bounce and go long after the RSI & Money Flow Indicator trend upward again.
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