SOL.BTC (Y20.P3.E1).Gems in the making.No.4

١٧ أغسطس ٢٠٢٠

Hi,

Another DeFi I had and have my eyes on since I sold them for this upcoming potential move, or maybe lower.
Either way, one must plan for scenarios so to feel comfortable in the trade.

Remember, with ever dump, or drop, it gives a great opportunity, like now. But don't rush it, look for key levels you want to see pass or supported and not those that go to quick.
You will wrecked on such moves. Let it settle and see what the chart offers.

With Sol pairing, I had this chart before the BTC breakout. I'm not claiming anything, just envisioning if it rolls this way.
Now if it plays out similar to this at this level, then its a great opportunity, otherwise lets wait so see what other else is given.
Lets keep stalking this one and see how this pans out.






Cheers,
S.Sari

١٧ أغسطس ٢٠٢٠

ملاحظة

The other scenario I have is a deeper drop which resembles LENDBTC

١٧ أغسطس ٢٠٢٠

ملاحظة

This might be the spot for support, confluence with both the trend line and fib level.

١٨ أغسطس ٢٠٢٠

ملاحظة

Looking on the daily, definitely its going to go deeper, for now 0.618 level

١٨ أغسطس ٢٠٢٠

ملاحظة

So I'm trying to work out why at this level. check out what I figured out. The apex point of the parabolic curve and from the left peak, a trend line. Go figure.

٢١ أغسطس ٢٠٢٠

ملاحظة

Still stalking and hopefully I won't miss it

٢٣ أغسطس ٢٠٢٠

ملاحظة

٢٧ أغسطس ٢٠٢٠

ملاحظة

٢٩ أغسطس ٢٠٢٠

تم فتح الصفقة

Looking at the RSI above chart and now this, we can see here on the 8 hrly a bearish divergence is building and I'm looking to take some profit again.