SOL at a critical level - If it breaks down, we may see 100$!
Here's a quick look at SOL 2 hr chart. As we can see, the price has been forming a descending triangle and we could see a break soon! Definitely one to keep an eye on. If SOL breaks down from the descending triangle, the price could go down to 120$ and if that level doesn't hold, then the price will very likely come down to 100$.
The best entry would be, when the price breaks above the descending triangle with good amount of volume .
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The idea is: Buy the breakout from the descending triangle and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 180$
2. 192$
3. 215$
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
The best entry would be, when the price breaks above the descending triangle with good amount of volume .
-------------------------------------------
The idea is: Buy the breakout from the descending triangle and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 180$
2. 192$
3. 215$
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
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