$SOL/USDT 1h (Binance Futures) Symmetrical triangle breakout
Updated
As crazy as it may sound, Solana regained 50MA and broke-out bullish locally again.
If manages to pump here, it is very likely to revisit ATH, maybe even a wick up to a new High!
Current Price= 115.805
Buy Entry = 115.792 - 113.314
Take Profit= 124.061 | 130.420 | 138.980
Stop Loss= 106.398
Risk/Reward= 1:1.17 | 1:1.95 | 1:3
Expected Profit= +16.60% | +27.70% | +42.64%
Possible Loss= -14.24%
Fib. Retracement= 0.786| 1 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 5 days
If manages to pump here, it is very likely to revisit ATH, maybe even a wick up to a new High!
Current Price= 115.805
Buy Entry = 115.792 - 113.314
Take Profit= 124.061 | 130.420 | 138.980
Stop Loss= 106.398
Risk/Reward= 1:1.17 | 1:1.95 | 1:3
Expected Profit= +16.60% | +27.70% | +42.64%
Possible Loss= -14.24%
Fib. Retracement= 0.786| 1 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 5 days
Trade active
First entry filledSolana bouncing as expected, road to first target it seems.
Trade closed: target reached
TP1 reached with +16.60% (2x) and +1.17RSolana is pushing higher and we are not missing out this time, SL moved up to lowest entry price (113.314$) now.
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