SOL TA - 4 h timeframe bullish scenario
Updated
I opened a Long just few minutes ago. Let's see what will happen 🚀. Just remember: Stick to your plan and have a good risk management 👍
And that's the main reasons I decided to take a long on SOL :
► Potential double bottom
► Retrace of the 0.786 fib level
► Potential W Pattern
► Bounce from support zone
► High risk reward ratio
Trading setup:
Entry: $147.8
SL: $136
TP1: $255
⚡Just to notice. We ar right now in a very volatile market phase in the crypto. Crazy and unpredictable things could happen. That's why you should use a stopp loss. ⚡
Disclaimer: DYOR. No financial advice. Just for your impression.
And that's the main reasons I decided to take a long on SOL :
► Potential double bottom
► Retrace of the 0.786 fib level
► Potential W Pattern
► Bounce from support zone
► High risk reward ratio
Trading setup:
Entry: $147.8
SL: $136
TP1: $255
⚡Just to notice. We ar right now in a very volatile market phase in the crypto. Crazy and unpredictable things could happen. That's why you should use a stopp loss. ⚡
Disclaimer: DYOR. No financial advice. Just for your impression.
Trade closed: stop reached
This Chart is invalid right now, after we break a support. There is still a minimum chance of a W-Pattern if we will bounce back right now. Things gonna be crazy the next days
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