Analysis of the SOL Evening Market on September 3rd
SOL, often referred to as the "third child," has performed this time in a rather corny way: "Her dimples don't have any alcohol, but I'm drunk as a 🐕." It's a bit of a love-or-hate situation. I wanted to go long, but missed out. The current high of wave 3 is just under 218, so the bottom of wave 4 should be around 180, which could even be considered a place to try and buy the dip.
The MACD bullish trend is about to run out, and the KDJ is resonating, leading to a pullback. The upper Bollinger Band has been pulled back, and the volume continues to weaken. It's almost like I'm telling you: I'm not buying it. If not now, when? I'll just tell you the truth.
SOL around 214-217 🈳 Add to your position: Comments pending.
First tier: 209-212
Second tier: 204-207. Pattern level: 197
#sol #markettrend
{future}(SOLUSDT)