12.06 Afternoon Market Analysis: The ups and downs of SOL and its Golden Dog WIF
At around 11 noon, the US SEC rejected the spot ETF applications of two $SOL . SOL itself has been a bit sluggish in the past few days. The old coins have doubled one after another, but it is still fluctuating in the same place; it finally pulled up to 247 this morning, and it was hit hard as soon as the news came out and fell back to 238; Fortunately, a total of 5 institutions applied for ETFs, and the ETF spot applied by Grayscale will definitely be approved and listed next year
The post I wrote the day before yesterday said that the shark pattern that appeared in SOL has been waiting for the D point to fall, and the ambush short orders will continue to wait; support is 234.78, 227.22, and the spot 227 is decisively accepted in seconds, and the pressure is 245 253
Golden Dog $WIF : The Gartley, Butterfly, and Safe patterns in the past few days have been back and forth, including the spot, and have eaten 3 times; WIF has appeared in the butterfly pattern again, waiting for the D point to fall. As long as you go out of the box range, you will reach the D point; predict the ambush point D in advance, short at 3.622, loss at 3.813, first profit at 3.354, second profit at 3.188; the profit and loss ratio is also 1:1.15-1:2; the spot is within the support range of 2.98-3.038.
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