Altcoin Newsletter #161


In today’s Altcoin newsletter I cover the following Altcoins, specifically:

  • Solana (SOL)
  • Optimism (OP)
  • The Sandbox (SAND)
  • Cardano (ADA)
  • Ethereum (ETHUSD & ETH/BTC)
  • Astar Network (ASTR)
  • Oasis Protocol (ROSE)

These Altcoin TA requests are made by valued readers of the Rekt Capital Premium Newsletter.

Let’s dive in...

Solana - SOL/USD

Earlier this month, I shared the following tweet on Solana:

Here's today's update:

Solana has rallied +15% to the upside, following the orange path perfectly thus far.

The $98.98 level lays ahead and it's possible SOL will go on to revisit that level.

At that stage, the orange path will have fully completed and I'd simply wait for confirmation; would SOL be able to Weekly Close above the black $98.98 level or would it once again reject back into the green area?

Part of why I'd look for a Weekly Close above the black $98.98 level for confirmation of further upside is because a such a 1W Close would invalidate the series of Lower Highs that SOL has been printing in its upside wicks since its local top.

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