Solana Long Pin on Daily Chart
Updated
While all other crypto suffered after Tuesday selloff solana still continues to have green candles. Which makes it ideal candidate to short.
Enter from 190 and put sl above pin.
Target 145 as it would be 2:1 RR and low of previous candle.
Enter from 190 and put sl above pin.
Target 145 as it would be 2:1 RR and low of previous candle.
Trade active
If this gets broken i can imagine how it will fall :))) can go way beyond 145. So for me the trade was active from 195 i put a sl at 187 for the night and today re-entered from 181. If it doesn't get broken, i'll exit at 190 something.
Note
Target reached but i closed before, on 163, then caught some long from 159 to 173, and few stops in between, but overall i'm very happy with this trade.
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