#SOL/USDT 1h (OKX Futures) Rising wedge breakdown and retest
Solana lost 50MA and is pulling back to that resistance, seems likely to head towards 200MA support next.
⚡️⚡️ #SOL/USDT ⚡️⚡️
Exchanges: OKX Futures
Signal Type: Regular (Short)
Leverage: Isolated (5.0X)
Amount: 4.8%
Current Price:
99.17
Entry Targets:
1) 101.77
Take-Profit Targets:
1) 93.28
Stop Targets:
1) 106.02
Published By: @Zblaba
SOL 
SOLUSDT.P #Solana #SPL #PoS #L1 solana.com
Risk/Reward= 1:2.0
Expected Profit= +41.7%
Possible Loss= -20.9%
Estimated Gaintime= 2-4 days
⚡️⚡️ #SOL/USDT ⚡️⚡️
Exchanges: OKX Futures
Signal Type: Regular (Short)
Leverage: Isolated (5.0X)
Amount: 4.8%
Current Price:
99.17
Entry Targets:
1) 101.77
Take-Profit Targets:
1) 93.28
Stop Targets:
1) 106.02
Published By: @Zblaba
SOL SOLUSDT.P #Solana #SPL #PoS #L1 solana.comRisk/Reward= 1:2.0
Expected Profit= +41.7%
Possible Loss= -20.9%
Estimated Gaintime= 2-4 days
Note
What a bumpy road, now back to entry, good thing we took profit on time!Note
SOL set-up played out twice in a row, what a killer trade, congrats to all shorters!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.