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SOLUSDT Perpetual Swap Contract
Short
Updated

#SOL/USDT 2h (OKX Futures) Rising wedge on resistance

670
Solana printed an evening star, road back to 200MA support seems likely next.

⚡️⚡️ #SOL/USDT ⚡️⚡️
Exchanges: OKX Futures
Signal Type: Regular (Short)
Leverage: Isolated (2.3X)
Amount: 5.0%

Current Price:
171.72

Entry Targets:
1) 172.56

Take-Profit Targets:
1) 142.59

Stop Targets:
1) 187.58

Published By: @Zblaba

SOL SOLUSDT.P #Solana #SPL solana.com

Risk/Reward= 1:2.0
Expected Profit= +39.9%
Possible Loss= -20.0%
Estimated Gaintime= 1 week
Trade active
OKX Futures
SOLUSDT.P All entry targets achieved
Average Entry Price: 172.56 💵

SOL did not get rejected on wedge resistance and pushed higher, luckily stop held so far and we are back in profit.

snapshot
Trade closed: stop reached
OKX Futures
SOLUSDT.P Stop Target Hit ⛔️
Loss: 20.0197% 📉

SOL pushed higher while rest of the market was correcting, clearly not the best choice of short.

snapshot
TradingOn
Also on:
blockchaincryptoMoving AveragesRelative Strength Index (RSI)SOLsolanasolanaprogramlibrarysolusdtSPLSupport and ResistanceTrend Analysis

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.
blockchaincryptoMoving AveragesRelative Strength Index (RSI)SOLsolanasolanaprogramlibrarysolusdtSPLSupport and ResistanceTrend Analysis
TradingOn
Also on:

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.