Solana Broke Resistance Line!!

Solana Broke Resistance Line!!

By Aventurine | Crypto Aventurine | 31 Oct 2023


I am quite surprised that Solana just ripped through the resistance line and is currently sitting above it at $36! 

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Of course we take it for adjustment as this could also be a moment of reversal for a 15% correction! 

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But, if Solana went straight up to $50 that would be something! Anyways this is not the time to long Solana it is rather a time to place short! If you decide to short from here, do it at your own risk. Regardless of the result this is really good shorting spot! 

The pump is most likely contributed to the Solana breakpoint that started yesterday in Amsterdam. The event will end on the 3rd of November and so will the pump I assume! The only question we should ask is it going to go much higher? There are 3 days left to go. It is tricky on I will admit if we were at this level at the end of the event then there would be no doubt that this is correction time. Hmm.... maybe we will see $39-$40 SOL before the event ends.

 

All The Best,

Aventurine!

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