$SOL/USDT 8h (Binance Futures) Bullish flag approaching support
Updated
Solana is uptrending on HTF (High Time-Frame) and is likely to continue after a retest of demand zone.
Current Price= 15.6071
Buy Entry= 11.5746 - 10.8496
Take Profit= 13.4149 | 16.2845 | 20.5974
Stop Loss= 9.4544
Risk/Reward= 1:1.25 | 1:3.64 | 1:5.78
Expected Profit= +19.31% | +56.31% | +89.45%
Possible Loss= -15.47%
Fib. Retracement= 0.786 | 1.272 | 1.618
Margin Leverage= 1x
Estimated Gain-time= 3 weeks
Current Price= 15.6071
Buy Entry= 11.5746 - 10.8496
Take Profit= 13.4149 | 16.2845 | 20.5974
Stop Loss= 9.4544
Risk/Reward= 1:1.25 | 1:3.64 | 1:5.78
Expected Profit= +19.31% | +56.31% | +89.45%
Possible Loss= -15.47%
Fib. Retracement= 0.786 | 1.272 | 1.618
Margin Leverage= 1x
Estimated Gain-time= 3 weeks
Note
There was some typos in the text, here goes the correction:Current Price= 11.8899
Risk/Reward= 1:1.25 | 1:2.89 | 1:5.34
Expected Profit= +19.65% | +45.24% | +83.71%
Possible Loss= -15.68%
Fib. Retracement= 0.5 | 0.786 | 1.272
Trade closed: target reached
TP1 reached with +19.65% and 1.25RSolana bounced as predicted and broke-out of the bull-flag, road to 2nd target now! 📈
Trade closed: target reached
🎯TP2 reached with +45.24% (1x) and +2.89RSolana managed to push higher and nicely hit 2nd target! 🌞
Trade closed: target reached
TP3 reached with +83.71% (1x) and +5.34RSolana brought amazing profit and did not stop after, congrats if you held it higher, up to +162% from entry.
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