I already have a long position in $SOL. Now, $TIA is showing a deviation at the top and a retest below. But having both a short and long position simultaneously would be odd because they are currently correlated. I choose to stay long in $SOL, and here’s why:

If we look to Bitcoin for guidance in determining the potential direction, and refer back to my recent post, we can see that the price is still following an upward trend and has also formed what looks like a range breakout.

Additionally, when I review my past ranges, like $ETC, it also shows a range breakout, and I could point to several other examples. So overall, the situation seems to favor a long position.

GVlvJ5TWYAAE3NK.png

GVlvOw5W0AA2kbW.png

GVlv4fHWUAA_p6p.png

GVlwAuDXwAAv18-.png