$SOL 119$ Pay attention to details..
Before Reading this, I want to let you know this post is for long term & at least you should know the upcoming move for coming month more or less..
What is going to happen in $SOL & why?
159$ is the zone where we have Seen rejections for almost 4 times.
if we able to resist above 159$ for atleast 2 hours, the maximum height that we can achieve in $SOL would be 170$ Temporary! Temporary! Temporary!
(Only Bullish Bitcoin will do the same otherwise No)
The Reason is Bankrupt FTX plans to pay nearly all customers 118% of their Claims, in which the result we can expect is a huge amount of SOL will come in the market & offcorse what will they do guys?
They will make selling pressure & for sure SOL will retest the previous support sooner or later..
I don,t want to say anything other than calculated prediction..
Now the most important part is here, If BTC is really going down, which I mentioned in my post..
Then I am sorry to Say if you disagree, we can see SOL even more down & I don,t want to mention that level because the people won,t like it..
So For now this was the update guys, I don,t write the things which I am hearing across the binance, SOl 250$ another man SOl 50$..
I properly search in fundamentals, Study chart, adding technicals in every time frame, whatever the result I get in concerned market structure I just share with you guys.
It could take a week or 2 or a month, nobody knows..
Soon I will share all the levels, Pullbacks, stages in details so that you will trade without any kind fear keeping those levels in mind..
Always Tip the post for appreciation, in order to relax my trading fee & as always trade safe.
Your Friend: M Farhan Fayyaz
Thanks for your love & Support.