Solana and point of interest

11 Eyl 2023

Solana crashed just based on FTX potential sell of

FTX assets worth $3 billion. Many took this to mean that if they are approved for liquidation

1. Even if they approve, they will sell their assets in small parts once a week. 200millions worth not all 3b in one day!

2. If approved, then most likely transactions can go through the OTS, without much impact on the order books on exchanges

https://www.tradingview.com/x/lwgwDnuJ/

If you take a look on this PA you can see order flow (red)
We leave POI now this poi at -0.618 level local fib and this correction can be enough to mitigate market makers position.
We leave EQ highs and top target with liquidity

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✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.

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10 Ağu

İşlem kapandı: hedefe ulaştı

done