As requested by a follower I'd like to talk about SOL
Just like me SOL is tired. Tired from work, tired of my life, and even tired of my horrible marriage. Who can relate? Comment, let's talk. š¤£
Well, back to SOL, a bearish head and shoulders pattern has long been formed in the daily chart. SOL is now trading at 152, and the daily KDJ oscillator has detected massive selling from whales and retail investors at the current price zone.
Unfortunately, for SOL the bears are also gaining momentum. The next possible support is 147 and 149. If price slides further, the next support is far down, it's 117.š
Jump in, at 117 to be safe. The best position is long because just like BTC, SOL is generally heading up since the daily KDJ oscillator is also suggesting a bounce back to 202, but dips and retracement happens and as traders we have to go with the flow.
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