Solana has gained more than 45 % from last fall down that was in 5th August 2024
the trend right now is inside the range ( Phase C - Wyckoff Method )
The far target is 216 ( Top of the side way range) if the Re-accumulation phase has succeed.
SL is 141.46 ( this for me is consider thin stop loss due to the high
SOLUSDT volatility of the crypto market)
I am Just sharing insights and market trends for learning and growing every day and it is not financial advice.
the trend right now is inside the range ( Phase C - Wyckoff Method )
The far target is 216 ( Top of the side way range) if the Re-accumulation phase has succeed.
SL is 141.46 ( this for me is consider thin stop loss due to the high
SOLUSDT volatility of the crypto market)I am Just sharing insights and market trends for learning and growing every day and it is not financial advice.
Trade closed: stop reached
Daily candle (negative) has closed exactly on the selected SL , that may give the chance for more correction up to 130 (0.618 Fib Level)Trade active
Entered again from 144
The price made a breakout above the white range and back tested on the daily frame
Order cancelled
Strong Resistance at 160 and formed double top led the price to go down more than 20%
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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.