SOLUSDT - the real indicator of bear market!
2024-10-23

I think everyone should take this chart as a basic reference for trading

Why is sol considered a real indicator of the market situation?

 sol is one of the biggest coins in terms of market cap ( 5th in ranked with 78.2B in marketcap)


As you can see on the chart in front of you, sol rose more than 600% last October when it broke the 300 day of accumulation and it was a strong entry signal for all other currencies



Now on the weekly chart we see that sol is forming a wyckoff distribution pattern. I uploaded a picture to verify this for yourself. check it and you will find it matches what is happening on the chart

You will find the 0.786 level is the bottom, which if it is broken weekly, it is a clear and explicit signal to get out of all your money from the market and make it 100% cash

according to this data i see that will happen within 2 months

Best regards Ceciliones🎯