SOLANA - Nice Buy Setup! 🤩
Updated
After our last sell setup for Solana hit target, we were looking for buy setups. After the break of the major descending red trendline, we are looking for buy set ups.
We can see that we have created a descending correction and hit the 78.6 fibonacci. We can get in with a tight stoploss just below the fib and have major upside targets.
Trade Idea:
- Watch for break of the red descending trendline (for safe entry)
- risk entry would be bounce off 78.6 fib
- Stoploss below recent lows
- Targets: 157.6, 165, 204
Goodluck!
We can see that we have created a descending correction and hit the 78.6 fibonacci. We can get in with a tight stoploss just below the fib and have major upside targets.
Trade Idea:
- Watch for break of the red descending trendline (for safe entry)
- risk entry would be bounce off 78.6 fib
- Stoploss below recent lows
- Targets: 157.6, 165, 204
Goodluck!
Note
Note
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