DoomPosting
Pullbacks of the last true full bull-wave, vs today. Equivalent pullbacks in this wave, in today’s prices: 29% down = $52k 33% down = $49k 36% down = $47k 38% down = $45k Could expect even more serious pullbacks on smaller cap coins. Beware the massive…
Equivalent pullbacks in this wave — SOL version:
SOL recent high = $209
29% down = $148
33% down = $140
36% down = $133
38% down = $129
Ok, so when SOL hit $120 the other day, that’s actually consistent with a 38%+ pullback.
So pullback bottom possibly already hit?
Or, do these pullback numbers apply only to the top coins? To the crypto market as a whole?
What about duration? Aren’t typical pullbacks a little longer?
Deeper look needed.
SOL recent high = $209
29% down = $148
33% down = $140
36% down = $133
38% down = $129
Ok, so when SOL hit $120 the other day, that’s actually consistent with a 38%+ pullback.
So pullback bottom possibly already hit?
Or, do these pullback numbers apply only to the top coins? To the crypto market as a whole?
What about duration? Aren’t typical pullbacks a little longer?
Deeper look needed.