SOLUSDT Short
SOLUSDT continues to downtrend.
Made the mistake of FOMO on a temporary rise.
Re-entry at 169.782
Made the mistake of FOMO on a temporary rise.
Re-entry at 169.782
Note
Downtrend is struggling, but I expect a downward cascade as accumulated volumes thins out until 166. If the downtrend breaks through 166, the downward cascade will continue towards 160. A further breakthrough will result in a crash.Trade closed manually
I need to get some work done, so I closed the position manually for a profit of 7.7 USDT with about 15~20 USDT.I predict the downtrend to stop somewhere between 165 to 150.
After that, it will rebound, then possibly form a head & shoulder pattern and crash further.
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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.