Identifying potential long opportunities in the crypto market, I'm currently monitoring 
JUPUSDT and 
SOLUSDT
SOLUSDT:
Entry: 197.06$ (or a close break above resistance if identified).
Stop-loss: 195.30$
Target 1: $210 (potential new high).
Target 2: $259 (longer-term bullish target).
Note: Consolidation around $210 could be a healthy sign before a further move upwards.
JUPUSDT:
Entry: 1.5628$
Stop-loss: 1.4500$
Target: Open-ended, aiming to hold for an extended uptrend if confirmed.
Key indicator: Price action around the 20EMA. A break below this level after a run up could indicate a potential reversal, prompting a reevaluation of the trade.
Overall strategy:
These setups prioritize risk management with clear stop-loss levels. Following price action around the moving averages will be crucial for trade management decisions.
JUPUSDT and SOLUSDTSOLUSDT:Entry: 197.06$ (or a close break above resistance if identified).
Stop-loss: 195.30$
Target 1: $210 (potential new high).
Target 2: $259 (longer-term bullish target).
Note: Consolidation around $210 could be a healthy sign before a further move upwards.
JUPUSDT:Entry: 1.5628$
Stop-loss: 1.4500$
Target: Open-ended, aiming to hold for an extended uptrend if confirmed.
Key indicator: Price action around the 20EMA. A break below this level after a run up could indicate a potential reversal, prompting a reevaluation of the trade.
Overall strategy:
These setups prioritize risk management with clear stop-loss levels. Following price action around the moving averages will be crucial for trade management decisions.
Note
Note that I am simply sharing the two trades I took here, I'm not advising to blindly buy. Do your own research and act according to your own strategies and rules !
That disclaimer said, if you're comfortable with the risk you can buy at current levels and use the same stops I'm using. BUT position size accordingly !!!
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.
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.