Long

#SOLUSDT #1D (Bybit) Symmetrical triangle break and retest

Updated

Solana pulled back to 100EMA regained support where it bounced forming a morning star, resuming bullish would make sense.

⚡️⚡️ #SOL/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (6.0X)
Amount: 4.4%

Current Price:
150.58

Entry Targets:
1) 149.03

Take-Profit Targets:
1) 171.43

Stop Targets:
1) 137.81

Published By: @Zblaba

#Solana #PoS solana.com

Risk/Reward= 1:2.0
Expected Profit= +90.2%
Possible Loss= -45.2%
Estimated Gaintime= 3-4 weeks

Trade active

All entry targets achieved
Average Entry Price: 149.03 💵

dipped to 100EMA support and is bouncing back as planned so far.

Trade closed: stop reached

SL with -1.0R

#SOL/USDT Stop Target Hit ⛔️
Loss: 45.1721% 📉

bounced at first but then got rejected and retraced down, losing 100EMA support.

Note

Back to Break-Even

retested 200MA resistance after stopping us out and is at entry now.
If you are still in the trade, here could be the opportunity to exit at BE.

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