R150 has been a big level on SOL of late. A close above this level would trigger the long idea. With previous highs as target (R180).
Trade active
SOL teased above the R150 but never closed above meaning the long idea has not triggered yet. In fact a short trade would have been the right play for a quick R10 move. Idea is still open should it come back to test the R150 areaTrade active
Long trade has been triggered. Has managed to close above R150 for 3 sessions in a row and now needs to close above R153 to have a further towards R160.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.