$SOL Solana May Move Down After Pattern Completion
Solana has completed a large bearish harmonic pattern near $183.30.
The pattern looks solid, and given that it was created in a strong historical zone, the odds are that we may see Solana moving down as shown on the chart.
This time, we have an aggressive bearish scenario, because the market is also speculating about the US elections and USD strength. However, this is the nature of this pattern-it can push the price down aggressively when we least expect it.
I am watching for support zones at $165.00 and $154.00. Let's see how the market unfolds.
Level given for $BTC #BTC tomorrow was hit and the target was achieved. Anyone who took the trade must have made a profit.🚀
Right now BTC is trading in a range so it's best to wait for a breakout. Also take small risk because it's the weekend and there might be less volume..
$BTC $BTC seems range-bound for now and could break in either direction.
However, analyzing the daily chart of $USDT.D shows it consolidating to the upside, suggesting the possibility of $BTC breaking the range to the downside (we’ll confirm through price action).
This is just something to keep in mind, considering $USDT.D’s current movement.
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• #Bitcoin dominance has broken out and retested another level, and is attempting to move towards an upward zone.
• If the momentum continues, we may see it reach the 63% area, which could have a negative impact on altcoins in the meantime.
• Given the current uncertain conditions, we will refrain from issuing new calls. Once the situation stabilizes and momentum builds, we will strive to share as many calls as feasible.
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