SOL/USD - 4-hour chart - Potential Bullish Cypher
Updated
A potential bullish cypher is showing a long/buy entry for Solana right in the middle of that S/R zone. Pattern invalidated if price moves past C before hitting D
entry - 197.19
stop - not higher than 180.00. It's crypto, so be generous with the stop. Or just add to the hodl.
Pattern targets are 0.382 and 0.618 of the CD leg. Or just add to the hodl.
entry - 197.19
stop - not higher than 180.00. It's crypto, so be generous with the stop. Or just add to the hodl.
Pattern targets are 0.382 and 0.618 of the CD leg. Or just add to the hodl.
Note
Both targets hit.
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.