Solana
Long

SOL wait for entry

Updated

SOL is one of my favorite cryptos and I've bought it around $30 (see analysis in the link below for long-term view).

For a short-term trade, my waiting point to open Long is mentionned in chart. A detailed setup will be shared at the moment of entry (with precised Stoploss).

Disclaimer:
This analysis is based on my personnal views and is not a financial advice. Risk is under your control.
Note
False break-out and back again in the range:
snapshot
Note
What factors could cause SOL to drop to the entry area?
snapshot
Note
Entry 1 : $160 for those who bought the dips at EM50D
Entry 2 : wait for reclaim of the range's low
snapshot
Trade closed manually
Unfortunately, the all market suffered today. I stopped out this trade with SL at -5% from entry.
snapshot
solusdtTrend Analysis

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Disclaimer