🔥$900M IN SOLANA COINS WILL BE UNLOCKED IN 20 HOURS❗❗

🔥Hi friends! Seems like Solana in terrible situation! After the announcment of $320M unlock in SOL, the Solana Compass data shows that the Solana Epoch network will unlock 49,973,143 SOL. At the current price of $18.82, the unlocked SOL will be worth more than $900 MILLION❗ This will happen in 20 hours.

🚩 Additionally, the FTX case is not help SOL and entire crypto market to recover. Bitcoin fall to it's local lows of $16,800. As far as we know, 99,9% of alts copy BTC sentiments (bullish/bearish). So only bullish BTC save alts.

Per multiple reports, Crypto.com has announced the suspension of USDT and USDC Stablecoin deposits and withdrawals on the Solana network.

✅ So what is our trading plan to this event❓I recommend you to not panic (buy-sell), but wait for the best trading setup. I am already make some plan for you and will try to make it a little more often in the next 2-3 days.

📊 The main preconditions to open a short:
🔥 breakdown the $13-17 value area
🔥 test the value area as the reistance (you can wait also at the lower timeframes - 1h-4h.
🔥 volume growth that means someone sell a lot on the value area test and open a short
🔥 DOM and Footprint scalping tools indicates the huge buy and sell orders of the whales. If the huge SELL order walls apear, I will open a short trade with nice sl and possible 10-20RR.

🚩 If the price fall below the value area, the closest support is $2-4. This is possible fall by 67% because of no liquidity in this area!

BUT WHAT IF THIS JUST RETAILERS FEAR AND PANIC AT BTC BOTTOM?

📊 So for this case I leave here the plan to open a long on SOL for you:
🔥 the price continue to consolidate inside or above the $13-17 value area
🔥 liquidity collection below the local lows. This move will trigger the sl of traders who open a long in consolidation
🔥 volume growth which confirms the whales buy orders

You can also look for the trenline squeeze up and try to open a trade on the breakout on lower timeframes. The main precondtion is some manipulation before the local trendline breakout: sl collection, shakeout etc.

🚩 In this case I will also use DOM and Footprint scalping tools to prove my plan. If whales also buy a lot of SOL, I will open a long with them.

✅ Traders, was it usefull for you? Do you have your personal plan to buy or to sell SOL, BTC or other crypto? Share it in the comments!

💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.

P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade!

Комментарий:

🔥Hi friends! Breaking update on SOL unlocked tockens. Seems like the situation is much better that we expect!

Комментарий:

New announcements! Sam Bankman-Fried has resigned his role as CEO and will remain to assist in orderly transition!

The CEO of Binance CZ made a statement before: this crisis in the crypto industry is similar to the financial crisis of 2008. Crisis could lead to the collapse of a number of companies in the coming weeks.

I will prepare more updates and trading plans for you!