SOL Exchange Trading Idea 22-01-02

Last week we were looking for a retracement and bounce off the top of the 50% zone. We got the retracement but not the bounce. Price has stopped at the current level and is bouncing off the bottom of the 61.8% zone. I am showing the H1 timeframe so you can see the 200EMA. Since price is below all the EMAs I am still expecting price to come down more.