SOL/USD & JUP/USD : Potential Long Opportunities
Updated
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 !!!
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Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public
Thanks !
Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public
Thanks !
Disclaimer
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