Solana short idea - taking the gap and then down!
Watching closely the 39$ area. Still think sol will go up to take the daily gap, will make a HH on this ascent followed by LL and LH - as shown on the chart. Option 1 is to take the short here with SL just above HH. Option 2 is to wait for another confirmation and take the trade at the 2nd LH, with SL just above 1st LH. Targets shown on the chart, good RR with clear invalidation point!
Trade active
SL moved at break evenTrade closed manually
took all profit at 33$. I think a reversal is on the way, there was a nice double top on key support on 1 hr chart
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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.