SP500 INDEX PERSONAL ANALYSIS IN THE LONG TERM (DUMP)
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Noodle party? Well not exactly, its a solana chart spilling spaghetti everywhere! The total evaluation for this asset is extremely bearish and I could not even begin to become so engrossed in bear costumes all year round because who could possibly blame us? The cycle has ended just as it has always ended in previous cycles -- it almost always returns to where it started and considering how we just got resisted from the SP500 and NASDAQ on a monthly resistance trendline (you can check this out in my profile), there's no guarantee that the current supports that HELD us in a bull market will even be strong enough in a bearmarket.
The SOLANA chart has now been confirmed with a bearflag that we had been suspecting from since we dropped here in this range for months, a validated bearflag WILL create lower lows and its much stronger in a bear market obviously and especially in a macro-time frame (4H, 8H, 12 H, 1D, 1W).
Never underestimate panic selling, always be mindful of your risks and make sure to enlighten yourself everyday with what is happening around the world so that maybe one day, huge positive fundamentals or catalysts would support
a possible reversal towards our brand new all time high.
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The SOLANA chart has now been confirmed with a bearflag that we had been suspecting from since we dropped here in this range for months, a validated bearflag WILL create lower lows and its much stronger in a bear market obviously and especially in a macro-time frame (4H, 8H, 12 H, 1D, 1W).
Never underestimate panic selling, always be mindful of your risks and make sure to enlighten yourself everyday with what is happening around the world so that maybe one day, huge positive fundamentals or catalysts would support
a possible reversal towards our brand new all time high.
-----
You like this chart? Give it a boost, a comment or share it with your friends. Bookmark it, save it, its yours for free!
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