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Spermalytic
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Lesson: Trust your analysis and strategy. Few days ago I shorted $SOL based on resistance and Fibonacci speed fan. but i closed the position too soon with minor profits because of impulse. However now based on this simple analysis, I am expecting two scenario: Bullish: bouncing back up after stabilizing around 101$-102$ in which I may potentially long because it's still respecting the general trend of the analysis. Bearish: In case the candle closes below the Fibonacci line, there maybe a retest if that fails, $SOL it may drop to areas of minor support round 93$-96$

Lesson: Trust your analysis and strategy.

Few days ago I shorted $SOL based on resistance and Fibonacci speed fan. but i closed the position too soon with minor profits because of impulse.

However now based on this simple analysis, I am expecting two scenario:

Bullish: bouncing back up after stabilizing around 101$-102$ in which I may potentially long because it's still respecting the general trend of the analysis.

Bearish: In case the candle closes below the Fibonacci line, there maybe a retest if that fails, $SOL it may drop to areas of minor support round 93$-96$

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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