False breakout✅ on SOL! Where to open a long?
Updated
This pullback is additionall possibillity for traders to open the new longs on the alts. Follow this scenario with the false breakout to not miss the next trade on SOL. Let`s get into details!
Solana reach my first target and almost touch $50 (the second target). SOL would have easily reached all the targets If BTC didn't do a pullback and dump all the alts. Check this idea to understand the preconditions!
📊Preconditions to open a long:
🔥false breakout of the trendlines or the possible test the $34-35 value area as a support
🔥volume growth. You can compare this stuation to previous false breakout when the price make a trap of the long traders and pump for 46% after this. Bow we have to expect the same
🔥bullish BTC help reach the targets for SOL
The targets are the closest value areas:
1️⃣ $41-42
2️⃣ $51-55
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Solana reach my first target and almost touch $50 (the second target). SOL would have easily reached all the targets If BTC didn't do a pullback and dump all the alts. Check this idea to understand the preconditions!
📊Preconditions to open a long:
🔥false breakout of the trendlines or the possible test the $34-35 value area as a support
🔥volume growth. You can compare this stuation to previous false breakout when the price make a trap of the long traders and pump for 46% after this. Bow we have to expect the same
🔥bullish BTC help reach the targets for SOL
The targets are the closest value areas:
1️⃣ $41-42
2️⃣ $51-55
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Trade closed: target reached
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