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SOL / TetherUS
Long

Solana Trade idea on the Daily

By IMBEAKS
Updated
Looking for a break and retest of entry zone on minimum 4HR time frame for entry

The risk to reward is not the best on this trade but can still see some profits
RR 1:2.25
Comment
We have broken entry level looking for a close candle and pullback closer to entry to get into this trade
Trade active
Entry was made on the 18:00 MST candle on the 4hr time frame
Trade active
TP1 HIt make sure to secure profits and move stop loss to break even for risk free trade
Comment
This trade is looking great we may see a pullback and test of the Grey 200ema before we see it continue upwards to TP2
Trade closed: stop reached
Trade came back and hit my Stop loss which I had moved to my entry after it hit Take Profit 1. Still made TP1 profits and got out at break even on the other TP's. Will wait for this this down fall to consolidate and look for a new trade setup
Fundamental AnalysisTrend Analysis
IMBEAKS
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