SOL/USDT Secondary trend (part). Triangle. 1 10 2023Logarithm. Time frame of 3 days. Secondary trend (part). A very clear ascending triangle has been formed. The price is being driven to its resistance at the moment. There may be a pullback from it, and then we will see. While the price is in the triangle (until the decoupling), it is hardly rational to open a position from the position of risk management. The reversal zones are shown on the chart. Percentages of formation targets are similarly shown as most traders see them. To “take profit” you should always take less than “expected” by the majority.
Line chart.
Major trend. Time frame 1 week.
SOL/USD Main trend. Cycles.
Risk management XXX. .
It is extremely important, on such HYIPs, over pumped (“bottom” is not even shown on the price chart, not fair competition, fund prices) to observe risk management. Take profit long/short and forget it. Work in parts of the position. Limit potential losses, protect profits if price moves according to your plan. Don't catch lows and highs, it's not necessary.
