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#SOL/USDT 2h (OKX Futures) Rising wedge on resistance
SOLUSDT Perpetual Swap Contract
Short
#SOL/USDT 2h (OKX Futures) Rising wedge on resistance
By TradingOn
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Updated
Mar 18
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Cheer
Cheer
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3
Mar 14
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
Mar 15
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.
Mar 18
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.
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