Solana at support

Solana is at a major support level. SOL/USD tapped it's EMA200 at $175 yesterday. Also, it's currently trading near it's S3 level on the TTCATR indicator set to EMA20 with ATR3. Plus, it's RSI is at 31 oversold. And lastly the $180 zone has acted as a resistance area in March, May and July, so now it has flipped that to a support area.

Trade idea:
Long = 180
Stop = 170
Profit = 260

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I had a cool idea💡. Drop the CA of a new Solana token that you're watching. I'll start in the comment section.

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Good day to start dca buying Solana today in the 180's

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Solana at 183 this afternoon.

Trade closed: target reached

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I sold at 244 and read newsworthy current events for Solana. I bought back in at 244.

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250 stop held overnight, but 290 take profit executed overnight.

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Solana is consolidating in an imperfectly formed bull pennant / bull flag. It is crypto so you can't expect a perfectly formed pattern. If there's a breakout then I can see SOL/USD hitting +400. If this quazi bull pattern is broken, then a long Solana trade is invalidated.

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Solana bullflag pattern thesis still intact.

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Crypto is rolling over. Stop loss levels are key.

Options360

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Options360

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