britishboy100

SOL 30min Chart $40-34

Short
britishboy100 Updated   
BINANCE:SOLUSDT   SOL / TetherUS
Taking a look at our previous drop on the 10-11th of May, following out wavetrend oscillator and linear regression channel, it looks like we could possibly see another downwards drop from around $40 to $34, dependant on what BTC does
looks like we could see a nice downwards trend over the next few days for a chance to gain some more sol
Comment:
For closer inspection
Trade active:
As we see BTC value drop we can now start to see it heading in a more aggressive downwards trend compared to BTC, if we hit $28k, most likely seeing SOL at $36
Trade active:
As can be seen from a zoomed in version on the 15 min chart, our linear regression channel has shifted,
we hit a target of - $35.71

We have a potential to hit $34 by early morning 5th of June.
I hope this chart has helped you all on the ride down from $40 to gain some extra SOL

Many Thanks

Trade closed: target reached
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