Range Trading on SOL, resistance around 37-40 mark.
I have been following SOL and BTC movement, the logic behind here is simple, short at resistance level.
Volumes on weekend are usually lower than weekdays but there are always occasional manipulation. Always put a SL.
Entered Saturday morning AEST
Leverage: 8x
Entry: 37.43
SL: 5%
Result:
Was up 14% at one point however I was out on Saturday night. Ended up the trade with a breakeven (SL was moved to breakeven).
I have been following SOL and BTC movement, the logic behind here is simple, short at resistance level.
Volumes on weekend are usually lower than weekdays but there are always occasional manipulation. Always put a SL.
Entered Saturday morning AEST
Leverage: 8x
Entry: 37.43
SL: 5%
Result:
Was up 14% at one point however I was out on Saturday night. Ended up the trade with a breakeven (SL was moved to breakeven).
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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.