No.. you sold at 105 while telling everyone else to buy. Thought you weren’t gonna buy unless it got down to 72?
I wish I could post screenshots in here....below link should hopefully work
That was my plan, and then plans change when trading based on charts. I think it's possible $79 will be the last low for SOL this cycle, which was my reason not waiting until $72.
https://postimg.cc/tnVj5gd2
SOL was showing a descending wedge which then broke above the top trendline, which is very bullish as a continuation of it's upward move. If you look at SOL with Elliot Wave, this could signify the beginning of a 3rd wave (which is always the longest and most vertical)...so I entered at a pullback from $106 to $100 to protect my upside. Left 50% on the sidelines to see how it plays out. I'll either enter the 50% if/when we see continuation of Wave 2, or wait for confirmation we are Wave 3 and then probably enter once we break past last ATH of $126 and on the next pullback from there. Then I'm riding it to $750 - $1,000.
If you fit Fib retracement levels onto the chart, $79 fits perfect with the 0.5 retracement level, which means Wave 2 is done. Last two cycle BTC has done a 0.618 retracement leading up to BTC halvening (puts BTC at like $35k or so) before it begins it's 3rd wave uptrend. A 0.618 retracement for SOL here assumed Wave 2 is not done, and SOL will retrace to around $69, before it starts it's Wave 3. If this plays out I'll enter my other 50% at this level. If I do this my average price for SOL is $85 and I ride it up to $750 - $1,000. I start taken profits around 8-10 months past BTC hitting it's ATH from last cycle and/or BTC hitting $130k-$140k range.
https://postimg.cc/jC7gT1Xp
Impulse Elliot Waves have 5 waves. 1 - 2 - 3 - 4 - 5. Up, retrace, longest up, retrace, and then final up. I'm fairly new to analyzing charts with Elliot Waves and Fib levels, but it's insane how accurate they are most of the time. They are subjective to how you analyze them, but they show up everywhere is historical charts and give pretty damn good guidance.
EDIT: After doing this analysis fully now on Feb retracement levels, I'm not liking my entrance at $100 SOL quite as much, but I don't hate it. 2nd wave seems premature to be over already, and would mean a shorter bull cycle for crypto (which doesn't feel right to me, as I think we are going to see an SPX correction to 3,500 - 3,800 range Q1/Q2 of this year, followed by a pretty mad bull market through end of 2025).
https://postimg.cc/McMhyWC9
No matter how you look at it, you have to try really hard to analyze this first upward move for crypto as anything other than Wave 1 of an Elliot Impulse Wave. Which means we are now in Wave 2 correction (probably aligning to a SPX correction), followed by a facking made bull cycle starting with a Wave 3.
TLDR - Just buy SOL rn and enjoy the ride. Perhaps wait for a dip in the $70 range, but even if you don't, as long as you hold through bull, will be an amazing trade. Feel free to apply my logic to other coins. Personally I feel SOL and AVAX have the most upside with smallest amount of risk. Eth and BTC will be good, but not great.
