SOL / TetherUSLong
SOL Bullish Continuation (Another Top OR New Prominent High?)
SOL price seems to exhibit signs of overall bullish continuation as the price action may form another credible Higher Low on key Fibonacci and Support levels.
There might be a possibility that SOL may break it's All Time High Price of 296. It might be worth observing price the action further if 296 breaks. A potential break may be indicative of another top OR a new high.
Trade Plan :
Entry @ 215.71
Stop Loss @ 160
TP 1 @ 271.42 (Before All Time High)
TP 2 @ 327.13 OR Ride Further with Caution (After All Time High)
Move Stop Loss to Break Even if TP1 hits.
There might be a possibility that SOL may break it's All Time High Price of 296. It might be worth observing price the action further if 296 breaks. A potential break may be indicative of another top OR a new high.
Trade Plan :
Entry @ 215.71
Stop Loss @ 160
TP 1 @ 271.42 (Before All Time High)
TP 2 @ 327.13 OR Ride Further with Caution (After All Time High)
Move Stop Loss to Break Even if TP1 hits.
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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.
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.