I don't see any other scenario for 
SOLUSDT other than this. There are two options anyways, first is the dashed path which say price will be revisiting the $52-51.5 region from this moment before the journey to $68-82 while the second path is the dotted line which states that price would first of all reach the $61.5 from this moment before going back to revisit the $52-51.5 then $68-82.
Common ground is that both option have the same invalidation and both also presents a risk reward ratio of at lest 4 - 8.
SOLUSDT other than this. There are two options anyways, first is the dashed path which say price will be revisiting the $52-51.5 region from this moment before the journey to $68-82 while the second path is the dotted line which states that price would first of all reach the $61.5 from this moment before going back to revisit the $52-51.5 then $68-82.Common ground is that both option have the same invalidation and both also presents a risk reward ratio of at lest 4 - 8.
Trade active
NOTE! VERY IMPORTANT PLEASE ADJUST THE INVALIDATION LEVEL TO THE PREVIOUS SWING LOW $51.160 FOR BINANCE (set accordingly to your exchange).
Note
Also the risk reward ratio has increased by x2 to (8-16 RRR)Trade active
respecting the second path and yes, it looks like that is the deal. Read the analysis again for clarity SOLUSDTNote
Approximately 11% gain on SOLUSDT from the point of analysis and we are just about to reach the target already. There is an interesting build up I just discovered if you would like to see another fresh insight react to this post and I will reveal another Solana unexpected move to you.Trade closed: target reached
You've got to love that precision. See page for fresh update SOLUSDTNote
SEE NEXT ANALYSIS:
Note
so the primary idea was that it was going to create a new high but retraced. we didn't quite get the retracement to the region but definitely the new high is created. SOLUSDTNote
Are you surprised about SOLUSDTNote
Even though we didn't get the entry for the retracement the primary goal was bullish and bullish we have for SOLUSDTnow I am starting to look for a total reversal with at least 5-10 risk reward. Watch out for update and follow this analysis.
Note
WHERE ARE WE GOING NEXT
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.
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.